NOT LISTED FOR SALE

Estimated Value: $277,000 - $375,000

-- Bed
1 Bath
381 Sq Ft
$244/mo HOA Fee

Last Sold August 01, 2023

Last sale price $295,000 $774 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,304/month

87 Days on Market

Highlights

  • Spa
  • Gated Parking
  • Subterranean Parking
  • UCLA Community School Rated A-
  • 1.01 Acre Lot
  • Eat-In Kitchen

About This Home

As of August 2023

Welcome to the Garden Villas Condominiums, located in the highly sought-after Koreatown Wilshire Center area. This charming studio condo is an end unit, offering both privacy and tranquility.

This property offers 381 square feet of living space, and has been recently updated with all new paint and carpeting, giving it a fresh and modern feel. Step outside to the patio area and enjoy the beautiful Southern California weather.

The unit also comes with one subterranean parking space, providing convenient and secure parking for you and your guests. As a resident of the Garden Villas Condominiums, you'll have access to the many amenities offered by the complex, including a spa, recreation room, workout room, sauna, and laundry room.

This property is perfect for those looking for a low-maintenance and convenient lifestyle, with easy access to all the amenities that the vibrant Koreatown Wilshire Center area has to offer. Don't miss out on the opportunity to own a piece of this desirable community - schedule a viewing today!

Last Listed By

Brad Korb

Brad Korb Real Estate Group License #00698730 Listed on: 01/24/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,605

Year Built

  • Built in 1973

Lot Details

  • Two or More Common Walls
  • Front Yard

HOA Fees

  • $244 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available
  • Gated Parking

Interior Spaces

  • 1 Full Bathroom
  • 381 Sq Ft Home
  • Entryway
  • Living Room
  • Eat-In Kitchen
  • Laundry Room

Outdoor Features

  • Spa
  • Patio
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 23597
  • Assessor Parcel Number 5502001081
  • $64 per year additional tax assessments

Community Details

Overview

  • 106 Units
  • Garden Villas HOA, Phone Number (310) 915-9595
  • Metropolitan Property Services HOA

Amenities

  • Laundry Facilities

Recreation

  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,605

Year Built

Built in 1973

Lot Details

0

HOA Fees

$244 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: LAR4
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5502001081
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 381.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 774.28
  • Room Type: Entry, Kitchen, Living Room
  • Spa Features: Association, Community

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Gated, Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 244.00
  • Association Fee Frequency: Monthly
  • Association Name: Garden Villas HOA
  • Phone: 310-915-9595
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Metropolitan Property Services

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 43933.00
  • Lot Size Acres: 1.0086

Multi Family

  • Lease Considered: No
  • Lot Size Area: 43933.0000 Square Feet
  • Number Of Units In Community: 106
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2118.03
  • Tax Lot: 1
  • Tax Tract Number: 23597
  • TaxOtherAnnualAssessmentAmount: 64.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2023
Closed on
Jun 30, 2023
Sold by
2012 Michael John Daito and 2012 Delmy Flor
Bought by
Lim Linda
Seller's Agent
Brad Korb
Brad Korb Real Estate Group
Buyer's Agent
David Snow
Rodeo Realty
List Price
$299,992
Sold Price
$295,000
Premium/Discount to List
-$4,992
-1.66%
Total Days on Market
87
Views
379
Current Estimated Value
$315,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,826
Avg. Annual Appreciation
3.39%
Original Mortgage
$115,000
Outstanding Balance
$113,102
Interest Rate
6.67%
Estimated Equity
$199,496

Purchase Details

Closed on
May 31, 2023
Sold by
Dalto Joan and Dalto Diane
Bought by
2012 Michael John Dalto And Delmy Flor Dalto and Dalto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,500
Outstanding Balance
$180,293
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$132,305

Purchase Details

Closed on
Feb 1, 2012
Sold by
Dalto Michael John
Bought by
Dalto Michael John and Dalto Delmy Flor

Purchase Details

Closed on
Jul 30, 1998
Sold by
Dalto Joan A
Bought by
Dalto Ronald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,350
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 28, 1998
Sold by
Dalto Michael J
Bought by
Dalto Ronald J and Dalto Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,350
Interest Rate
6.92%
Mortgage Type
FHA

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
Lim Linda $295,000 Fidelity National Title
2012 Michael John Dalto And Delmy Flor Dalto -- Fidelity National Title
Dalto Michael John -- None Available
Dalto Michael John -- None Available
Dalto Ronald J -- Commonwealth Title
Dalto Ronald J -- Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lim Linda $115,000
Open Lim Linda $183,500
Previous Owner Dalto Michael J $44,350
Previous Owner Dalto Ronald J $44,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Sold $295,000 -1.7% $774 / Sq Ft
01/24/2023 01/24/23 For Sale $299,992 -- $787 / 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
2024 $3,605 $295,000 $100,000 $195,000
2023 $1,136 $88,925 $29,658 $59,267
2022 $1,086 $87,182 $29,077 $58,105
2021 $1,068 $85,473 $28,507 $56,966
2019 $1,037 $82,939 $27,662 $55,277
2018 $1,033 $81,314 $27,120 $54,194
2016 $987 $78,159 $26,068 $52,091
2015 $973 $76,986 $25,677 $51,309
2014 $986 $75,479 $25,175 $50,304
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB23002189

California Regional Multiple Listing Service (CRMLS)

APN: 5502-001-081