Introducing a Stunning Studio Apartment in the Heart of Koreatown! Are you in search of an ideal investment property or a cozy haven for first-time home buyer? Look no further than this remarkable studio apartment, thoughtfully designed to maximize space and modern living. Situated on the second floor, this gem is nestled at the crossroads of Koreatown and Hancock Park, offering the best of both worlds. Step inside and discover a completely modernized space that exudes style and functionality. The kitchen boasts stainless steel appliances, including a dishwasher, ensuring that every meal preparation is a breeze. The bathroom features a convenient bathtub/shower combo with ample storage, catering to your daily needs seamlessly. One of the standout features of this studio apartment is the inclusion of an assigned parking space in a secure subterranean, gated garage. But that's not all - it comes equipped with a Level 2 EV charger with a Time of Use (TOU) meter, providing you with discounted electricity rates while charging your electric vehicle. Say goodbye to worries about charging your EV! Also, the water utility is already covered in the monthly HOA fee of just $185. And for your laundry needs, there's a shared on-site laundry room. Don't miss out on this fantastic opportunity to own a piece of Koreatown's charm, with easy access to Wilshire/Western, the Metro line to downtown, the iconic Wiltern Theater, and the vibrant Larchmont Village. Whether you're an investor or a first-time home buyer, this studio apartment offers the perfect blend of convenience, style, and functionality.
Sold for $350,000
$350,000
4255 W 5th St APT 202, Los Angeles, CA 90020
0beds
440sqft
Condominium
Built in 1965
-- sqft lot
$327,300 Zestimate®
$795/sqft
$1,646 Estimated rent
Home value
$327,300
$308,000 - $347,000
$1,646/mo
Zestimate® history
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Source: Douglas Elliman,MLS#: 23-320451
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
Interior area
- Total structure area: 440
- Total interior livable area: 440 sqft
Property
Parking
- Total spaces: 1
Features
- Stories: 3
- Patio & porch: Patio
Lot
- Size: 0.31 Acres
Details
- Parcel number: 5504030036
Construction
Type & style
- Home type: Condo
- Architectural style: Other
- Property subtype: Condominium
Condition
- Year built: 1965
Community & HOA
Community
- Subdivision: Hancock Park / Wilshire
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $795/sqft
- Tax assessed value: $357,000
- Annual tax amount: $4,321
- Date on market: 10/13/2023
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 12/21/2023 | Sold | $350,000$795/sqft |
Source: Public Record Report a problem | ||
| 10/25/2023 | Pending sale | $350,000$795/sqft |
Source: | ||
| 10/13/2023 | Listed for sale | $350,000+79.5%$795/sqft |
Source: | ||
| 4/22/2014 | Sold | $195,000+95%$443/sqft |
Source: | ||
| 11/4/2011 | Sold | $100,000$227/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,321 +1.1% | $357,000 +2% |
| 2024 | $4,273 +50.8% | $350,000 +52.3% |
| 2023 | $2,834 +4.8% | $229,750 +2% |
| 2022 | $2,704 +1.4% | $225,246 +2% |
| 2021 | $2,667 -1% | $220,831 +1% |
| 2020 | $2,694 | $218,568 +2% |
| 2019 | $2,694 +4.4% | $214,283 +2% |
| 2018 | $2,580 | $210,083 +2% |
| 2017 | $2,580 +2.2% | $205,965 +2% |
| 2016 | $2,525 +2.3% | $201,927 +1.5% |
| 2015 | $2,467 +86.9% | $198,895 +94.1% |
| 2014 | $1,320 | $102,462 +2.5% |
| 2012 | -- | $100,000 -32.4% |
| 2011 | -- | $148,000 |
| 2010 | -- | $148,000 -19.3% |
| 2009 | -- | $183,400 +344.9% |
| 2008 | -- | $41,227 +2% |
| 2007 | -- | $40,420 +2% |
| 2006 | -- | $39,629 |
| 2005 | -- | $39,629 +4% |
| 2004 | -- | $38,092 +1.9% |
| 2003 | -- | $37,395 +2% |
| 2002 | -- | $36,663 +4% |
| 2000 | -- | $35,241 |
Find assessor info on the county website
Neighborhood: Koreatown
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Nearby schools
GreatSchools rating
- 9/10Wilshire Park Elementary SchoolGrades: K-5Distance: 0.4 mi
- 7/10John Burroughs Middle SchoolGrades: 6-8Distance: 1.4 mi
- 4/10Los Angeles Senior High SchoolGrades: 9-12Distance: 1.4 mi
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Estimated market value
$327,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$327,300
- California
- Los Angeles County
- Los Angeles
- 90020
- Koreatown
- 4255 W 5th St Apartment 202