NOT LISTED FOR SALE

901 S Gramercy Dr Unit 206 Los Angeles, CA 90019

Koreatown Neighborhood

Estimated Value: $807,000 - $896,000

3 Beds
2 Baths
1,470 Sq Ft
$350/mo HOA Fee

Last Sold March 19, 2024

Last sale price $865,000 $588 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,812/month

147 Days on Market

Highlights

  • Gated Parking
  • Contemporary Architecture
  • Balcony
  • 0.38 Acre Lot
  • Engineered Wood Flooring
  • Intercom

About This Home

As of March 2024

Hancock Park-Wilshire Area. Built in 2018. All interior conditions are new! Large, elegant 3 bedrooms and 2 full bathrooms, Contemporary European style kitchen and spacious living room, large two balconies, side by side washer and drier room, and large pantry facing kitchen. Spacious closet for each room. Pre-wired for internet and cable. A tandem parking lot for two cars and electric charger in the garage, Low HOA fee of $350/M. Convenient and great location! Excellent for investment opportunities. It is in the central area of Koreatown, booming with many developments for updating into new houses and condos. Wiltern Theater: 0.6 miles, USC: 3.5 miles, Downtown L.A.: 4 miles, Hollywood bowl: 5.8 miles. Close to shops, restaurants, public transportations, entertainment events, and more!

Last Agent to Sell the Property

Jason Kwang Jeong

Bee Investment, Inc. License #01751965 Listed on: 09/26/2023

Co-Listed By

Shelly Han

T.N.G. Real Estate Consultants License #01846738

Last Buyer's Agent

Andrew Choi

New Star Realty & Inv. License #01885357

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,849

Year Built

  • Built in 2018

Lot Details

  • 0.38

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • Gated Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,470 Sq Ft Home
  • 1-Story Property
  • Engineered Wood Flooring
  • Laundry closet
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Intercom
  • Alarm System

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Balcony
  • Gated Home

Listing and Financial Details

  • Assessor Parcel Number 5092-023-046

Community Details

Overview

  • 21 Units
  • First Choice Realty & Management, Inc Association

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,849

Year Built

Built in 2018

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Gramercy Pointe
  • Entry Floor: 2
  • Living Area: 1470
  • Lot Acreage: 0.3840
  • Planned Urban Dev: 0
  • Stories: 1
  • Unit Floor In Building: 2
  • Year Built: 2018
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Engineered Hardwood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Counter Top, Pantry
  • Laundry: In Closet, In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Cable, Intercom, Alarm System, Elevator
  • Price Per S Q F T: 605.44

Exterior Features

  • Balcony: 2
  • Other Features: Balcony
  • Pool: No
  • View: Any
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage, Gated

Utilities

  • TV Svcs: Cable TV
  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Community, Fire and Smoke Detection System, Gated, Smoke Detector

Association/Amenities

  • Amenities: Elevator
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 350.00
  • Management Company: First Choice Realty & Management, Inc
  • Mgmt Co Phone: 2133819550|
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5092-023-046
  • Lot Size Area: 16725

Multi Family

  • Number Of Units: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2023
Closed on
Mar 7, 2024
Sold by
2007 Chang Family Trust
Bought by
Chung Jenee
Seller's Agent
Jason Kwang Jeong
Bee Investment, Inc.
Buyer's Agent
Andrew Choi
New Star Realty & Inv.
List Price
$960,000
Sold Price
$865,000
Premium/Discount to List
-$95,000
-9.9%
Views
715
Current Estimated Value
$842,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,020
Avg. Annual Appreciation
-1.90%
Original Mortgage
$165,000
Outstanding Balance
$162,574
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$678,824

Purchase Details

Closed on
Jan 20, 2021
Sold by
Chang Tea Sook
Bought by
Chang Tea Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
2.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2020
Sold by
Chang Tae Sook
Bought by
Chang Tae Sook

Purchase Details

Closed on
May 7, 2019
Sold by
Genesis Asset Holdings Inc
Bought by
2007 Chang Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chung Jenee $865,000 Chicago Title Company
Chang Tea Sook -- None Available
Chang Tae Sook -- Provident Title Company
Chang Tae Sook -- None Available
2007 Chang Family Trust $800,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chung Jenee $165,000
Previous Owner Chang Tae Sook $470,000
Previous Owner 2007 Chang Family Trust $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2024 03/19/24 Sold $865,000 -2.8% $588 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
01/23/2024 01/23/24 Price Changed $890,000 -1.0% $605 / Sq Ft
01/05/2024 01/05/24 Price Changed $899,000 -4.4% $612 / Sq Ft
10/31/2023 10/31/23 Price Changed $940,000 -2.1% $639 / Sq Ft
09/26/2023 09/26/23 For Sale $960,000 -- $653 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,849 $882,300 $331,092 $551,208
2024 $10,849 $874,913 $246,068 $628,845
2023 $10,645 $857,759 $241,244 $616,515
2022 $10,157 $840,941 $236,514 $604,427
2021 $10,031 $824,453 $231,877 $592,576
2020 $10,133 $816,000 $229,500 $586,500
Source: Public Records

Agents Affiliated with this Home

  • Jason Kwang Jeong

    Seller's Agent in 2024

    Jason Kwang Jeong

    Bee Investment, Inc.

    (213) 999-7825

    1 in this area

    4 Total Sales

    Jason Kwang Jeong
    Section Image

  • S

    Seller Co-Listing Agent in 2024

    Shelly Han

    T.N.G. Real Estate Consultants

    (714) 552-5004

    1 in this area

    14 Total Sales

    Shelly Han
    Section Image
  • Andrew Choi

    Buyer's Agent in 2024

    Andrew Choi

    New Star Realty & Inv.

    (213) 407-3352

    3 in this area

    29 Total Sales

    Andrew Choi
    Section Image
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Map

Source: The MLS

MLS Number: 23-314901

The MLS

APN: 5092-023-046

California Los Angeles County Los Angeles 90005 Koreatown

901 S Gramercy Dr Unit 206, Los Angeles, CA

This home is located at 901 S Gramercy Dr Unit 206, Los Angeles, CA 90019 since 26 September 2023 and is currently estimated at $842,980, approximately $573 per square foot. This property was built in 2018. 901 S Gramercy Dr Unit 206 is a home located in Los Angeles County with nearby schools including Wilton Place Elementary School, John Burroughs Middle School, and Los Angeles Senior High School.

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