NOT LISTED FOR SALE

Estimated Value: $470,000 - $674,000

2 Beds
2 Baths
1,019 Sq Ft
$543/mo HOA Fee

Last Sold January 12, 2022

Last sale price $510,000 $500 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,969/month

40 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Two Primary Bedrooms
  • Gated with Attendant
  • Automatic Gate
  • Panoramic View

About This Home

As of January 2022

Step into this 2 bedrooms and 2 bathrooms condo unit with a great view of Los Angeles. Both bedrooms are en suite for extra privacy and all the windows in the unit are facing west for extra brightness. The unit is at the end of the hallway, so it is more quiet and private. Laundry is communal and the building comes with a gym, bbq area, and a rooftop swimming pool that has a 360 view of the city. Unit comes with 2 assigned parking spaces. Prime LA location with many different LA neighborhoods being close by and close distance to many restaurants, cafes, grocery stores, and etc.

Last Agent to Sell the Property

Helen Rho

Mega Realty License #01914263 Listed on: 11/04/2021

Last Buyer's Agent

Lincoln Jeon

Lincoln Jeon License #01177844

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,469

Year Built

  • Built in 1971

Lot Details

  • 0.99

HOA Fees

  • $543 Monthly HOA Fees

Property Views

  • Panoramic

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1,019 Sq Ft Home
  • Living Room with Fireplace
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Automatic Gate

Additional Features

  • In Ground Pool
  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5155-012-133

Community Details

Overview

  • 178 Units
  • High-Rise Condominium
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,469

Year Built

Built in 1971

Lot Details

0

HOA Fees

$543 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: High or Mid-Rise Condo
  • Street Number Display: Yes
  • Complex Name: La Fayette Park Towers
  • Entry Floor: 5
  • Living Area: 1019
  • Lot Acreage: 0.9929
  • Planned Urban Dev: 0
  • Unit Floor In Building: 5
  • Year Built: 1971
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Laminate
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community, Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Elevator, Range/Oven
  • Price Per S Q F T: 516.19

Exterior Features

  • Pool Description: Association Pool
  • Pool: Yes
  • View: City, City Lights, Walk Street, Panoramic
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Community Garage, Covered Parking, Assigned, Subterr Tandem
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate, Gated, Gated Community with Guard

Association/Amenities

  • Amenities: Assoc Pet Rules, Assoc Barbecue, Assoc Maintains Landscape, Elevator, Exercise Room, Gated Community, Gated Parking, Onsite Property Management, Pool
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 542.92
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5155-012-133
  • Lot Size Area: 43252

Multi Family

  • Number Of Units: 178

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Dec 14, 2021
Sold by
Yang Hoon and Flee Sung
Bought by
Ace World Enterprise Inc
Seller's Agent
Helen Rho
Mega Realty
Buyer's Agent
Lincoln Jeon
Lincoln Jeon
List Price
$526,000
Sold Price
$510,000
Premium/Discount to List
-$16,000
-3.04%
Current Estimated Value
$546,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,156
Avg. Annual Appreciation
1.86%
Original Mortgage
$382,500
Outstanding Balance
$351,516
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$194,640

Purchase Details

Listed on
Aug 12, 2016
Closed on
Aug 16, 2016
Sold by
Kim Boo Hyoung
Bought by
Yang Hoon and Yang Hee Sung
Seller's Agent
Karen Pak
Dream Realty & Investments Inc
Buyer's Agent
Chris Pustejovsky
List Price
$410,000
Sold Price
$405,000
Premium/Discount to List
-$5,000
-1.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.40%

Purchase Details

Listed on
Jul 27, 2014
Closed on
May 30, 2014
Sold by
Lee Michael Jin
Bought by
Kim Boo Hyoung
Seller's Agent
Jamie Lee
I & J Properties, Inc.
Buyer's Agent
Julie Lee
I&J Properties
Sold Price
$1,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2003
Sold by
Lee Christopher
Bought by
Lee Michael Jin and Lee Sook Jin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,600
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2003
Sold by
Lee Seong Ae
Bought by
Lee Christopher

Purchase Details

Closed on
Jan 29, 2002
Sold by
Kim Yong Ho
Bought by
Lee Seong Ae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,750
Interest Rate
7.17%

Purchase Details

Closed on
Sep 3, 1997
Sold by
Kim Choon Ok
Bought by
Kim Yong Ho

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,250
Interest Rate
7.34%

Purchase Details

Closed on
Aug 5, 1997
Sold by
Mattulat Diane
Bought by
Kim Yong Ho

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,250
Interest Rate
7.34%
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
Ace World Enterprise Inc $510,000 Pacific Coast Title
Yang Hoon $405,000 Provident Title Company
Kim Boo Hyoung $330,000 Title365 Company
Lee Michael Jin $247,000 --
Lee Christopher -- --
Lee Seong Ae $154,500 First American Title Co
Kim Yong Ho -- First Southwestern Title Co
Kim Yong Ho $55,000 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ace World Enterprise Inc $382,500
Previous Owner Kim Boo Hyoung $247,500
Previous Owner Lee Michael Jin $197,600
Previous Owner Lee Seong Ae $146,750
Previous Owner Kim Yong Ho $41,250
Closed Lee Michael Jin $24,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/12/2022 01/12/22 Sold $510,000 -3.0% $500 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
11/04/2021 11/04/21 For Sale $526,000 +29.9% $516 / Sq Ft
09/07/2016 09/07/16 Sold $405,000 -1.2% $397 / Sq Ft View Prior Sale
08/15/2016 08/15/16 Pending -- -- --
08/12/2016 08/12/16 For Sale $410,000 0.0% $402 / Sq Ft
07/28/2014 07/28/14 Rented $1,600 0.0% --
07/28/2014 07/28/14 Under Contract -- -- --
07/27/2014 07/27/14 For Rent $1,600 -- --
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 $6,469 $541,214 $418,221 $122,993
2024 $6,469 $530,603 $410,021 $120,582
2023 $6,347 $520,200 $401,982 $118,218
2022 $5,188 $442,923 $333,451 $109,472
2021 $5,117 $434,239 $326,913 $107,326
2019 $4,960 $421,361 $317,217 $104,144
2018 $4,950 $413,100 $310,998 $102,102
2016 $3,987 $335,032 $240,005 $95,027
2015 $3,926 $330,000 $236,400 $93,600
2014 $3,494 $286,468 $153,092 $133,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-102145

The MLS

APN: 5155-012-133