NOT LISTED FOR SALE

940 Elden Ave Unit 501 Los Angeles, CA 90006

Westlake Neighborhood

Estimated Value: $706,000 - $746,000

3 Beds
2 Baths
1,470 Sq Ft
0.57 Acres

Last Sold March 03, 2015

Last sale price $615,000 $418 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,549/month

13 Days on Market

Highlights

  • 24-Hour Security
  • 24,653 Sq Ft lot
  • Walk-In Closet
  • City View
  • Contemporary Architecture
  • Air Conditioning

About This Home

As of March 2015

Built in 2009 year. This unit includes Washer & Dryer, a private storage room and 2 parking spaces. Amenities includes BBQ area, Fun Putting Green, Recreation room with gym, 2 Rooftop Atrium for family lounging and 11 separate quest parking spaces. 56 Cameras for 24-hr surveillance system. Close to Downtown Los Angeles and center in Korea Town. This is a PENTHOUSE UNIT, very bright and airy living room. Panoramic city view and 869 Sq Ft balconies.

Last Agent to Sell the Property

Sung Kim

WIN Realty & Properties License #01346325 Listed on: 01/22/2015

Last Buyer's Agent

Hongchul Chun

WIN Realty & Properties License #01799920

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2009

Lot Details

  • 0.57

Home Design

  • Contemporary Architecture
  • Entry on the 6th floor

Interior Spaces

  • 1,470 Sq Ft Home
  • City Views
  • Alarm System
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Covered Spaces
  • Assigned Parking

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 5076-004-066

Community Details

Overview

  • Association fees include earthquake insurance
  • 44 Units

Pet Policy

  • Pets Allowed

Additional Features

  • Community Barbecue Grill
  • 24-Hour Security

Property Details

Home Type

Condominium

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: ELDEN PARK VILLA
  • Entry Floor: 6
  • Living Area: 1470
  • Planned Urban Dev: 0
  • Year Built: 2009
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Mixed
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Equipment: Alarm System
  • Price Per S Q F T: 434.69

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned

Utilities

  • Cooling: Air Conditioning
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Assoc Barbecue
  • Pet Rules: Yes

Condo/Co-op/Association

  • Association Fees Include: Earthquake Insurance
  • HOA Fees: 390.00

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5076-004-066
  • Geocode Override: No
  • Lot Size Area: 24653

Multi Family

  • Number Of Units: 44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2015
Closed on
Feb 24, 2015
Sold by
Kim Patrick Chang and Kim Jennifer Pak
Bought by
Tokko Vicky Myung
Seller's Agent
Sung Kim
WIN Realty & Properties
Buyer's Agent
Hongchul Chun
WIN Realty & Properties
List Price
$639,000
Sold Price
$615,000
Premium/Discount to List
-$24,000
-3.76%
Current Estimated Value
$729,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,824
Avg. Annual Appreciation
1.59%

Purchase Details

Closed on
Feb 24, 2014
Sold by
Kim Jennifer Pak and Pak Jennifer
Bought by
Kim Patrick Chang and Kim Jennifer Pak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2013
Sold by
Elden Park Property Llc
Bought by
Pak Jennifer
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tokko Vicky Myung $615,000 Chicago Title Company
Tokko Vicky Myung -- Chicago Title Company
Kim Patrick Chang -- Provident Title Company
Pak Jennifer -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Patrick Chang $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2015 03/03/15 Sold $615,000 -3.8% $418 / Sq Ft
02/04/2015 02/04/15 Pending -- -- --
01/22/2015 01/22/15 For Sale $639,000 -- $435 / 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 $8,845 $739,127 $398,769 $340,358
2024 $8,845 $724,635 $390,950 $333,685
2023 $8,676 $710,428 $383,285 $327,143
2022 $8,272 $696,499 $375,770 $320,729
2021 $8,165 $682,843 $368,402 $314,441
2019 $7,918 $662,591 $357,476 $305,115
2018 $7,898 $649,600 $350,467 $299,133
2016 $7,548 $624,377 $336,859 $287,518
2015 $5,358 $440,581 $179,306 $261,275
2014 $5,381 $431,951 $175,794 $256,157
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Sung Kim

    WIN Realty & Properties

    (213) 738-8949

    3 Total Sales

    Sung Kim
    Section Image

  • H

    Buyer's Agent in 2015

    Hongchul Chun

    WIN Realty & Properties

    (213) 738-8949

    4 Total Sales

    Hongchul Chun
    Section Image
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Map

Source: The MLS

MLS Number: 15-823585

The MLS

APN: 5076-004-066

California Los Angeles County Los Angeles 90006 Westlake

940 Elden Ave Unit 501, Los Angeles, CA

Not Listed for Sale

Condos

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