NOT LISTED FOR SALE

Estimated Value: $461,000 - $790,000

2 Beds
2 Baths
1,025 Sq Ft
$504/mo HOA Fee

Last Sold June 29, 2018

Last sale price $450,000 $439 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,992/month

133 Days on Market

Highlights

  • Fitness Center
  • City View
  • Contemporary Architecture
  • In Ground Pool
  • 43,252 Sq Ft lot
  • Wood Flooring

About This Home

As of June 2018

Beautifully upgraded and newly painted 2 bed/2bath condo with modern open kitchen, fireplace & 24hour security. Amenities include fitness center, recreation room & roof-top entertainment terrace with pool, spa/jacuzzi, BBQ area. Elevator & trash chute are located adjacent to entrance, also community laundry, two parking lots next to elevator in basement. HOA fee covers water, gas, janitor and security guard. Conveniently located near Koreatown, Downtown LA, Financial District, Wilshire District, USC. Easy access to freeways #10, #101, #5 and #110 and public transportation. Prime location north of Hancock Park area. Conveniently located by Wilshire District and Hollywood.

Last Agent to Sell the Property

Steve Chang

Keller Williams Beverly Hills License #00526521 Listed on: 02/14/2018

Keller Williams Beverly Hills

Last Buyer's Agent

Terre Steinbeck

Rodeo Realty License #01188344

Rodeo Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,042

Year Built

  • Built in 1971

Lot Details

  • 0.99

HOA Fees

  • $504 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 1,025 Sq Ft Home
  • 4-Story Property
  • Great Room
  • Living Room with Fireplace
  • Wood Flooring
  • Alarm System
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Carport
  • Automatic Gate
  • Parking Garage Space

Pool

  • In Ground Pool

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 5155-012-054

Community Details

Overview

  • 178 Units

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,042

Year Built

Built in 1971

Lot Details

0

HOA Fees

$504 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: La Fayette Park Towers Condominium
  • Entry Floor: 2
  • Living Area: 1025
  • Planned Urban Dev: 0
  • Stories: 4
  • Unit Floor In Building: 2
  • Year Built: 1971
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 438.05

Exterior Features

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

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Carport Attached, Community Garage

Utilities

  • Cooling: Air Conditioning
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Automatic Gate

Association/Amenities

  • Amenities: Exercise Room
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 504.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5155-012-054
  • Geocode Override: No
  • Lot Size Area: 43252

Multi Family

  • Number Of Units: 178

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2019
Sold by
Levine Sydney
Bought by
Levine Sydney and Sydney Levine Living Trust
Current Estimated Value
$564,414

Purchase Details

Listed on
Feb 14, 2018
Closed on
Jun 22, 2018
Sold by
Belsito Peter Louis
Bought by
Levine Sydney
Seller's Agent
Steve Chang
Keller Williams Beverly Hills
Buyer's Agent
Terre Steinbeck
Rodeo Realty
List Price
$469,000
Sold Price
$450,000
Premium/Discount to List
-$19,000
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.17%
Original Mortgage
$225,000
Outstanding Balance
$195,023
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$369,391

Purchase Details

Listed on
Feb 14, 2018
Closed on
Jun 15, 2018
Sold by
Chang Jeannette
Bought by
Levine Sydney
Seller's Agent
Steve Chang
Keller Williams Beverly Hills
Buyer's Agent
Terre Steinbeck
Rodeo Realty
List Price
$469,000
Sold Price
$450,000
Premium/Discount to List
-$19,000
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$195,023
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$369,391

Purchase Details

Closed on
Sep 20, 2017
Sold by
Chang Steve
Bought by
Chang Jeannette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.86%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 28, 2015
Sold by
Choi Mi Sook
Bought by
Chang Jeannette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
3.57%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 31, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Choi Mi Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2010
Sold by
Lee Young Kyu
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 30, 2006
Sold by
Lee Su Min
Bought by
Lee Young Kyu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
1.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 2004
Sold by
Li Nelly Ku
Bought by
Lee Su Min

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,840
Interest Rate
4.28%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Levine Sydney -- None Available
Levine Sydney -- Provident Title Company
Levine Sydney $450,000 Provident Title Company
Chang Jeannette -- None Available
Chang Jeannette $315,000 Provident Title Company
Choi Mi Sook $190,000 Lender Processing Services I
Federal Home Loan Mortgage Corporation $156,003 Accommodation
Lee Young Kyu $365,000 Commonwealth Land Title Co
Lee Su Min $259,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levine Sydney $225,000
Previous Owner Chang Jeannette $50,000
Previous Owner Chang Jeannette $50,000
Previous Owner Chang Jeannette $25,000
Previous Owner Choi Mi Sook $152,000
Previous Owner Lee Young Kyu $292,000
Previous Owner Lee Su Min $232,840
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2018 06/29/18 Sold $450,000 +0.2% $439 / Sq Ft
05/30/2018 05/30/18 Price Changed $449,000 -4.3% $438 / Sq Ft
02/14/2018 02/14/18 For Sale $469,000 -- $458 / 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 $6,042 $512,016 $404,268 $107,748
2024 $6,042 $501,978 $396,342 $105,636
2023 $5,926 $492,136 $388,571 $103,565
2022 $5,649 $482,487 $380,952 $101,535
2021 $5,573 $473,028 $373,483 $99,545
2020 $5,629 $468,179 $369,654 $98,525
2019 $5,403 $459,000 $362,406 $96,594
2018 $4,073 $332,721 $226,357 $106,364
2016 $3,889 $319,803 $217,568 $102,235
2015 $2,491 $202,537 $107,345 $95,192
2014 $2,508 $198,571 $105,243 $93,328
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-312668

The MLS

APN: 5155-012-054