NOT LISTED FOR SALE

980 S Oxford Ave Unit 403 Los Angeles, CA 90006

Koreatown Neighborhood

Estimated Value: $743,000 - $813,000

3 Beds
2 Baths
1,324 Sq Ft
$450/mo HOA Fee

Last Sold August 30, 2024

Last sale price $760,000 $574 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,466/month

34 Days on Market

Highlights

  • Penthouse
  • City Lights View
  • Engineered Wood Flooring
  • Automatic Gate
  • 0.36 Acre Lot
  • Living Room Balcony

About This Home

As of August 2024

This condominium boasts a generous floor plan featuring three well-proportioned bedrooms and two bathrooms. The layout is designed to maximize space and create a comfortable living environment. The condominium's interior showcases rare courtyard design elements, including sunlight with two balconies, new paint, a nine-foot-high ceiling, hardwood floors, granite countertops, and stainless steel appliances. The parking garage provides an abundance of additional storage. Unit offers two parking spots and ample guest parking available per floor. Situated in Koreatown, one of Los Angeles' most vibrant and culturally rich neighborhoods, this condominium offers easy access to a plethora of dining, shopping, and entertainment options. It is also conveniently located near public transportation, major highways, and downtown Los Angeles.

Last Agent to Sell the Property

James Chin

KORUS Real Estate License #01974419 Listed on: 06/19/2024

Co-Listed By

Mark Hong

KORUS Real Estate License #01067529

Last Buyer's Agent

Edward Kim

Edward Kim License #01245924

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,535

Year Built

  • Built in 2008

Lot Details

  • 0.36

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Penthouse
  • Entry on the 1st floor

Interior Spaces

  • 1,324 Sq Ft Home
  • 1-Story Property
  • Engineered Wood Flooring
  • City Lights Views
  • Intercom

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Covered Spaces
  • Automatic Gate
  • Assigned Parking

Outdoor Features

  • Living Room Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5080-015-072

Community Details

Overview

  • Association fees include trash, water and sewer paid, insurance
  • 22 Units

Amenities

  • Community Storage Space
  • Elevator

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,535

Year Built

Built in 2008

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Penthouse
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Oxford Villa
  • Entry Floor: 1
  • Entry Location: Ground Level w/steps
  • Living Area: 1324
  • Lot Acreage: 0.3559
  • Planned Urban Dev: 0
  • Unit Floor In Building: 4
  • Year Built: 2008
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Engineered Hardwood, Mixed
  • 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
  • Laundry: In Unit, Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Dryer, Washer, Refrigerator, Range/Oven, Elevator, Intercom
  • Price Per S Q F T: 581.57

Exterior Features

  • Tennis Court Y/N: No
  • Patio: Balcony, Living Room Balcony
  • Pool: No
  • Spa Yn: No
  • View: City Lights
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate

Association/Amenities

  • Amenities: Elevator, Extra Storage
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash, Water and Sewer Paid, Insurance
  • HOA Fees: 450.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5080-015-072
  • Lot Size Area: 15501

Multi Family

  • Number Of Units: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2024
Closed on
Aug 23, 2024
Sold by
Pak Chun Hong
Bought by
Jang Nikki
Seller's Agent
James Chin
KORUS Real Estate
Buyer's Agent
Edward Kim
Edward Kim
List Price
$770,000
Sold Price
$760,000
Premium/Discount to List
-$10,000
-1.3%
Views
24
Current Estimated Value
$780,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,866
Avg. Annual Appreciation
2.66%
Original Mortgage
$532,000
Outstanding Balance
$526,817
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$254,049

Purchase Details

Listed on
Jan 27, 2020
Closed on
Feb 26, 2020
Sold by
Lee Sunny
Bought by
Pak Chun Hong
Seller's Agent
Kevin IM
Ivy Realty Co.
Buyer's Agent
Kyi Lee
KORUS Real Estate
List Price
$740,000
Sold Price
$730,000
Premium/Discount to List
-$10,000
-1.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.90%

Purchase Details

Listed on
Jan 27, 2020
Closed on
Feb 19, 2020
Sold by
Kim In Sook
Bought by
Pak Chun Hong
Seller's Agent
Kevin IM
Ivy Realty Co.
Buyer's Agent
Kyi Lee
KORUS Real Estate
List Price
$740,000
Sold Price
$730,000
Premium/Discount to List
-$10,000
-1.35%

Purchase Details

Closed on
Sep 6, 2013
Sold by
Park Joong Y
Bought by
Park Joong Y and Park Family Trust

Purchase Details

Listed on
Jan 14, 2013
Closed on
Mar 1, 2013
Sold by
Han Alexander M and Lee Seiran
Bought by
Park Joong Y
Seller's Agent
Chris Kang
I & J Properties, Inc.
Buyer's Agent
Inkyung Park
New Star Realty
List Price
$489,500
Sold Price
$489,000
Premium/Discount to List
-$500
-0.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.83%
Original Mortgage
$337,500
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2009
Sold by
Han Alexander M
Bought by
Han Alexander M and Lee Seiran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2009
Sold by
980 Oxford Llc
Bought by
Han Alexander M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2008
Sold by
Park Joong Y and The Park Family Trust
Bought by
Lee Sunny
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
Jang Nikki $760,000 Chicago Title Company
Pak Chun Hong $730,000 Provident Title Company
Pak Chun Hong -- Provident Title Company
Park Joong Y -- None Available
Park Joong Y $489,000 Provident Title Company
Han Alexander M -- --
Han Alexander M -- Chicago Title Subdivision
Lee Sunny $569,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jang Nikki $532,000
Previous Owner Park Joong Y $337,500
Previous Owner Han Alexander M $995,000
Previous Owner Han Alexander M $348,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $760,000 -1.3% $574 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
07/16/2024 07/16/24 For Sale $770,000 0.0% $582 / Sq Ft
07/01/2024 07/01/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $770,000 0.0% $582 / Sq Ft
10/01/2022 10/01/22 Rented $3,100 -4.6% --
09/15/2022 09/15/22 Off Market $3,250 -- --
08/25/2022 08/25/22 Price Changed $3,250 0.0% $2 / Sq Ft
08/25/2022 08/25/22 For Rent $3,250 +1.6% --
08/19/2022 08/19/22 Under Contract -- -- --
08/19/2022 08/19/22 Price Changed $3,200 -8.6% $2 / Sq Ft
07/26/2022 07/26/22 For Rent $3,500 0.0% --
02/27/2020 02/27/20 Sold $730,000 -1.4% $551 / Sq Ft
02/06/2020 02/06/20 Pending -- -- --
01/27/2020 01/27/20 For Sale $740,000 0.0% $559 / Sq Ft
09/13/2019 09/13/19 Rented $3,300 0.0% --
09/02/2019 09/02/19 Price Changed $3,300 -5.7% $2 / Sq Ft
08/20/2019 08/20/19 For Rent $3,500 0.0% --
08/14/2019 08/14/19 Off Market $3,500 -- --
08/01/2019 08/01/19 For Rent $3,500 +6.1% --
07/24/2018 07/24/18 Rented $3,300 0.0% --
07/10/2018 07/10/18 For Rent $3,300 0.0% --
04/04/2013 04/04/13 Sold $489,000 -0.1% $388 / Sq Ft
02/06/2013 02/06/13 For Sale $489,500 +0.1% $388 / Sq Ft
02/04/2013 02/04/13 Off Market $489,000 -- --
01/14/2013 01/14/13 For Sale $519,000 -- $412 / 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 $9,535 $760,000 $493,100 $266,900
2024 $9,535 $782,705 $554,435 $228,270
2023 $9,352 $767,359 $543,564 $223,795
2022 $8,916 $752,313 $532,906 $219,407
2021 $9,532 $737,562 $522,457 $215,105
2020 $7,524 $615,901 $401,364 $214,537
2019 $7,223 $603,826 $393,495 $210,331
2018 $7,202 $591,987 $385,780 $206,207
2016 $6,884 $569,000 $370,800 $198,200
2015 $6,075 $501,032 $316,398 $184,634
2014 $6,099 $491,219 $310,201 $181,018
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-405297

The MLS

APN: 5080-015-072