Seller's Agent in 2021
Caroline Lee
Real Brokerage Technologies
(714) 987-6100
1 in this area
65 Total Sales
943 Figueroa Terrace Los Angeles, CA 90012
Chinatown NeighborhoodEstimated Value: $770,000 - $1,018,000
3
Beds
3
Baths
1,350
Sq Ft
$250/mo
HOA Fee
Highlights
- No Units Above
- City Lights View
- Resident Manager or Management On Site
- Gated Community
- 2 Car Attached Garage
- Controlled Access
About This Home
As of November 2021“Bringing the suburban to the urban.” Nestled on a serene hilltop in a gated community above DTLA, this hidden gem feels like a single-family home close enough to DTLA where you get the enjoy the views, attractions and restaurants of Downtown, but not necessarily located in the busy city life. Located in an area that connects DTLA to Echo Park, this rare 3 bedroom, 3 bath has not hit the market in close to 20 years and is perfect for a young starter family, a USC Student who has roommates looking for a functional layout, or even an investor who is looking for consistent rental income. From the moment of entry, you are greeted by high elevated ceilings into this trilevel beauty in immaculate condition with the living room on the bottom floor. There is a bathroom and attached 2-car garage on the bottom floor. The updated kitchen with gas stovetops and dining area enjoys a very open layout with an additional space that can be used as a family room, or home office or library nook. The top floor boasts a very functional layout with three bedrooms of which the master bedroom leverages views of DTLA, in addition to a master bathroom and master closet located inside the room with an al fresco balcony on the top floor. There is a beautiful skylight on the third floor that brings a synergistic connection between the three rooms on the top floor. With low HOA’s, an attached 2-car garage, in a gated community near gentrifying neighborhoods (see adjacent new development 957 Figueroa Terrace)… honey, stop the car as this one won’t be on the market for long. Minutes from the Dodgers Stadium and several DTLA attractions.
Last Agent to Sell the Property
Real Brokerage Technologies License #01472468 Listed on: 10/18/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,747
Year Built
- Built in 1989
Lot Details
- No Units Above
- No Units Located Below
- Two or More Common Walls
- Density is 16-20 Units/Acre
HOA Fees
- $250 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Attached Carport
- Parking Available
- Automatic Gate
- Controlled Entrance
Interior Spaces
- 1,350 Sq Ft Home
- Living Room with Fireplace
- City Lights Views
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Home Security
Additional Features
- Urban Location
- Central Air
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 44679
- Assessor Parcel Number 5406024023
Community Details
Overview
- 17 Units
- Figueroa Terrace Owners Association, Phone Number (213) 481-1898
- Josephine Chong HOA
Security
- Resident Manager or Management On Site
- Controlled Access
- Gated Community
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 18, 2021
Closed on
Nov 5, 2021
Sold by
Son Kenneth Y
Bought by
Yuwen Wendy and Yuan Jerry Zijie
Seller's Agent
Caroline Lee
Real Brokerage Technologies
Buyer's Agent
Bei Zhang
Partner Real Estate
List Price
$720,000
Sold Price
$768,236
Premium/Discount to List
$48,236
6.7%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,211
Avg. Annual Appreciation
1.41%
Purchase Details
Closed on
Dec 24, 2009
Sold by
Yu Joon Ja
Bought by
Son Kenneth Y
Purchase Details
Closed on
Dec 23, 2009
Sold by
Lim Soo H
Bought by
Son Kenneth Y
Purchase Details
Closed on
Aug 13, 2009
Sold by
Lim Soo H
Bought by
Son Kenneth Y
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.17%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 8, 2003
Sold by
Yu Joon Ja
Bought by
Yu Joon Ja and Son Kenneth Y
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 1, 2003
Sold by
Son Kenneth Y
Bought by
Yu Joon Ja
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 17, 2002
Sold by
Yu Joon Ja
Bought by
Yu Joon Ja and Son Kenneth Y
Purchase Details
Closed on
Mar 7, 2002
Sold by
Chan Paul T
Bought by
Yu Joon Ja
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
7.13%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Yuwen Wendy | $765,000 | Lawyers Title Company | |
| Son Kenneth Y | -- | None Available | |
| Son Kenneth Y | -- | None Available | |
| Son Kenneth Y | -- | Fiserv Lending Solutions | |
| Yu Joon Ja | -- | -- | |
| Yu Joon Ja | -- | Ctc | |
| Yu Joon Ja | -- | -- | |
| Yu Joon Ja | $235,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Son Kenneth Y | $274,000 | |
| Previous Owner | Son Kenneth Y | $290,000 | |
| Previous Owner | Son Kenneth Y | $241,500 | |
| Previous Owner | Son Kenneth Y | $240,000 | |
| Previous Owner | Yu Joon Ja | $100,000 | |
| Previous Owner | Yu Joon Ja | $193,000 | |
| Previous Owner | Yu Joon Ja | $188,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/08/2021 11/08/21 | Sold | $768,236 | +6.7% | $569 / Sq Ft |
| 10/25/2021 10/25/21 | Pending | -- | -- | -- |
| 10/18/2021 10/18/21 | For Sale | $720,000 | -- | $533 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $9,747 | $811,822 | $597,247 | $214,575 |
| 2024 | $9,747 | $795,905 | $585,537 | $210,368 |
| 2023 | $9,557 | $780,300 | $574,056 | $206,244 |
| 2022 | $9,109 | $765,000 | $562,800 | $202,200 |
| 2021 | $3,869 | $320,707 | $158,443 | $162,264 |
| 2019 | $3,751 | $311,197 | $153,745 | $157,452 |
| 2018 | $3,714 | $305,096 | $150,731 | $154,365 |
| 2016 | $3,537 | $293,251 | $144,879 | $148,372 |
| 2015 | $3,485 | $288,847 | $142,703 | $146,144 |
| 2014 | $3,500 | $283,190 | $139,908 | $143,282 |
Source: Public Records
Agents Affiliated with this Home
-
Caroline Lee
-
Bei Zhang
B
Buyer's Agent in 2021
Bei Zhang
Partner Real Estate
(626) 322-5131
1 in this area
29 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS21229829
APN: 5406-024-023
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