NOT LISTED FOR SALE

Estimated Value: $568,000 - $713,000

1 Bed
1.5 Baths
1,178 Sq Ft
$655/mo HOA Fee

Last Sold September 07, 2022

Last sale price $597,000 $507 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,721/month

38 Days on Market

Highlights

  • Concierge
  • 24-Hour Security
  • Gated Parking
  • Fitness Center
  • Heated In Ground Pool
  • 1.64 Acre Lot

About This Home

As of September 2022

3D Tour: bit.ly/Vero-235 Massive corner home in the newly renovated Downtown LA community, Vero. This spectacular condo features a rare floorplan offering an extra powder room for guests, gorgeous hardwood floors laid throughout, and a large flex room with limitless possibilities. The kitchen showcases a wall full of flat paneled cabinets with an abundance of storage, wide beautiful CaesarStone countertops, in-demand gas cooktop, and stainless-steel appliances with a newer Whirlpool refrigerator and brand-new Whirlpool dishwasher soon to be installed. In the expansive living room, mesmerize over sleek floor cabinets with floating storage and shelves, while behind is a versatile flex space ideal for the perfect work from home office, personal library, or doubled up as a second bedroom. Behind stained sliding glass panels sits the oversized master bedroom with a private en-suite bathroom highlighting large tiled floors and shower walls, spacious dual sink vanity, and in-unit washer and dryer. Included with the home are 2 assigned parking spaces and the ability to install an exclusive sizable storage cage and EV charging. After undergoing a huge community wide transformation, Vero residents now have access to an array of amenities including a new pool deck and spa, stunning fitness center complete with yoga studio, dry heat sauna room, resident library, and 24-hour security and concierge. Conveniently located near FIGat7th, LA Live & Crypto Arena, MacArthur Park, and several other popular destinations!

Last Listed By

Jonathan Yuen

Coldwell Banker Exclusive License #01952091 Listed on: 06/24/2022

Coldwell Banker Exclusive

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,424

Year Built

  • Built in 2006

Lot Details

  • 1.64

HOA Fees

  • $655 Monthly HOA Fees

Interior Spaces

  • 1,178 Sq Ft Home
  • Built-In Features
  • Living Room
  • Home Office
  • Property Views

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Tandem Parking
  • Gated Parking
  • Controlled Entrance

Pool

  • Heated In Ground Pool
  • Heated Spa

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5143-019-076

Community Details

Overview

  • 197 Units
  • 5-Story Property

Amenities

  • Concierge
  • Sundeck
  • Community Fire Pit
  • Community Barbecue Grill
  • Meeting Room
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,424

Year Built

Built in 2006

Lot Details

0

HOA Fees

$655 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Vero
  • Entry Floor: 2
  • Living Area: 1178
  • Lot Acreage: 1.6376
  • Planned Urban Dev: 0
  • Stories: 5
  • Unit Floor In Building: 2
  • Year Built: 2006
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Engineered Hardwood, Tile
  • Bedrooms: 1
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet, In Unit, Laundry Closet Stacked, Inside
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Built-Ins, Dishwasher, Dryer, Gas Dryer Hookup, Freezer, Garbage Disposal, Washer, Range/Oven, Refrigerator, Stackable W/D Hookup, Cable, Microwave, Hood Fan, Ice Maker, Network Wire, Recirculated Exhaust Fan
  • Fireplace: No
  • Price Per S Q F T: 525.47

Exterior Features

  • Pool Description: Association Pool, Heated, Community
  • Pool: Yes
  • Spa: Association Spa, Community, Heated
  • Spa Yn: Yes
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Controlled Entrance, Community Garage, Tandem
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central, Heat Pump(s)
  • Heating: Central
  • Security: 24 Hour, Carbon Monoxide Detector(s), Card/Code Access, Community, Fire and Smoke Detection System, Smoke Detector, Fire Sprinklers, Guarded

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Elevator, Fire Pit, Spa, Sauna, Pool, Sun Deck, Meeting Room, Concierge, Hot Water, Fitness Center, Onsite Property Management, Security, Exercise Room, Assoc Barbecue, Conference, Gated Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 655.44
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5143-019-076

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 197

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Aug 8, 2022
Sold by
Yun Kim David
Bought by
Primax Global Inc
Seller's Agent
Jonathan Yuen
Coldwell Banker Exclusive
Buyer's Agent
david kim
Top Realty & Investment
List Price
$619,000
Sold Price
$597,000
Premium/Discount to List
-$22,000
-3.55%
Total Days on Market
38
Views
1
Current Estimated Value
$618,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,707
Avg. Annual Appreciation
1.36%
Original Mortgage
$417,900
Outstanding Balance
$402,528
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$216,179

Purchase Details

Closed on
Jun 26, 2017
Sold by
Lee Norman Y
Bought by
Shanker Steven Leonard and Yaffe Avima

Purchase Details

Closed on
Oct 22, 2015
Sold by
Lee Norman Y
Bought by
The Nsl Trust

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
Primax Global Inc -- --
Kim David Yun $597,000 --
Shanker Steven Leonard $575,000 Ticor Title
The Nsl Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim David Yun $417,900
Previous Owner Hossain Saihum $203,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2022 09/07/22 Sold $597,000 -3.6% $507 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $619,000 0.0% $525 / Sq Ft
06/25/2018 06/25/18 Rented $2,600 -3.7% --
06/04/2018 06/04/18 For Rent $2,700 0.0% --
05/25/2018 05/25/18 Off Market $2,700 -- --
05/19/2018 05/19/18 For Rent $2,700 +14.9% --
04/08/2014 04/08/14 Rented $2,350 -2.1% --
04/08/2014 04/08/14 Under Contract -- -- --
03/11/2014 03/11/14 For Rent $2,400 -- --
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
2024 $7,424 $608,940 $241,740 $367,200
2023 $7,283 $597,000 $237,000 $360,000
2022 $7,308 $616,514 $123,302 $493,212
2021 $7,214 $604,427 $120,885 $483,542
2019 $6,996 $586,500 $117,300 $469,200
2018 $6,983 $575,000 $115,000 $460,000
2016 $6,921 $580,305 $174,201 $406,104
2015 $6,323 $530,000 $148,000 $382,000
2014 $5,498 $450,000 $126,000 $324,000
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 22-172299

The MLS

APN: 5143-019-076