NOT LISTED FOR SALE

Estimated Value: $756,000 - $951,000

2 Beds
2 Baths
1,430 Sq Ft
$725/mo HOA Fee

Last Sold March 17, 2022

Last sale price $745,000 $521 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,854/month

4 Days on Market

Highlights

  • Fitness Center
  • 5-minute walk to Wilshire/Vermont Station
  • Primary Bedroom Suite
  • UCLA Community School Rated A-
  • Sauna
  • City Lights View

About This Home

As of March 2022

Golden opportunity to own this south-facing 2-bedroom condominium with a Juliet balcony in one of Koreatown's most prestigious & desirable luxury highrises - The Summit on Sixth. This unit is naturally well-lit with floor-to-ceiling windows, unobstructed views, and a wide-open floorplan. It has a master suite with walk-in closet, 2 full baths, and an enclosed office/den with French doors, which can be used as a 2nd bedroom. The unit has plenty of storage and is dressed with granite countertops, stainless steel appliances, in-unit washer/dryer combo, and recessed lighting. Enjoy resort-style living with a fitness center, sauna, lounge, & simulation golf. The Summit on Sixth also boasts 24-hour guarded security, two (2) reserved subterranean gated parking spaces, and is impeccably located with a "Walkability" scale rating of 96 - just a stone's throw from public transit, restaurants, & shopping! VIRTUAL TOUR: https://my.matterport.com/show/?m=3FfaG3GYLig&brand=0

Last Agent to Sell the Property

Shawyue Doong

SHAWYUE DOONG REALTY License #01848009 Listed on: 02/28/2022

Last Buyer's Agent

Shawyue Doong

SHAWYUE DOONG REALTY License #01848009 Listed on: 02/28/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,447

Year Built

  • Built in 2009

Lot Details

  • 1.37

HOA Fees

  • $725 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,430 Sq Ft Home
  • Family Room Off Kitchen
  • Living Room
  • Den
  • Recreation Room
  • Sauna
  • Home Gym
  • City Lights Views

Kitchen

  • Open to Family Room
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Two or More Common Walls
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 65456
  • Assessor Parcel Number 5502024058

Community Details

Overview

  • Master Insurance
  • 96 Units
  • The Summit On Sixth Association, Phone Number (213) 381-1123
  • Seabreeze Management Company HOA

Amenities

  • Sauna
  • Clubhouse
  • Recreation Room

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,447

Year Built

Built in 2009

Lot Details

0

HOA Fees

$725 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAPB
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5502024058
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1430.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 520.98
  • Room Type: Den, Exercise Room, Kitchen, Living Room, Master Suite, Recreation, Sauna, Walk-In Closet
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Sauna, Gym/Ex Room, Clubhouse, Recreation Room, Insurance, Trash, Sewer, Water, Pets Permitted, Management, Guard, Security, Controlled Access
  • Association Fee: 725.00
  • Association Fee Frequency: Monthly
  • Association Name: The Summit on Sixth
  • Phone: (213) 381-1123
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: Seabreeze Management Company

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 59725.00
  • Lot Size Acres: 1.3711

Multi Family

  • Lease Considered: No
  • Lot Size Area: 59725.0000 Square Feet
  • Number Of Units In Community: 96
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2121.01
  • Tax Lot: 2
  • Tax Tract Number: 65456

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2019
Closed on
Jul 26, 2019
Sold by
Kang Sooyeon and Kang Yang Choon
Bought by
Park Paul Sung
Seller's Agent
Inkyung Park
New Star Realty
Buyer's Agent
SHAWYUE DOONG
List Price
$659,000
Sold Price
$647,500
Premium/Discount to List
-$11,500
-1.75%
Current Estimated Value
$821,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,890
Avg. Annual Appreciation
3.98%
Original Mortgage
$483,750
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2010
Sold by
Az 3223 6Th Street Llc
Bought by
Kang Yang Choon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.79%
Mortgage Type
Commercial
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
Park Paul Sung $647,500 Chicago Title Company
Kang Yang Choon $442,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Park Paul Sung $483,750
Previous Owner Kang Yang Choon $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/17/2022 03/17/22 Sold $745,000 -1.7% $521 / Sq Ft
03/04/2022 03/04/22 Pending -- -- --
02/28/2022 02/28/22 For Sale $758,000 0.0% $530 / Sq Ft
02/08/2021 02/08/21 Rented $3,100 -1.6% --
02/04/2021 02/04/21 Price Changed $3,150 +1.6% $2 / Sq Ft
02/03/2021 02/03/21 Price Changed $3,100 -3.1% $2 / Sq Ft
01/13/2021 01/13/21 For Rent $3,198 0.0% --
09/10/2019 09/10/19 Sold $647,500 -1.7% $453 / Sq Ft View Prior Sale
07/25/2019 07/25/19 Pending -- -- --
07/07/2019 07/07/19 For Sale $659,000 -- $461 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,447 $790,599 $196,323 $594,276
2024 $9,447 $775,098 $192,474 $582,624
2023 $9,266 $759,900 $188,700 $571,200
2022 $7,929 $667,290 $337,509 $329,781
2021 $7,826 $654,207 $330,892 $323,315
2019 $6,095 $507,634 $206,729 $300,905
2018 $6,073 $497,681 $202,676 $295,005
2016 $5,801 $478,356 $194,806 $283,550
2015 $5,715 $471,171 $191,880 $279,291
2014 $5,740 $461,943 $188,122 $273,821
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS22039678

California Regional Multiple Listing Service (CRMLS)

APN: 5502-024-058