NOT LISTED FOR SALE

Estimated Value: $772,000 - $981,000

2 Beds
1 Bath
1,700 Sq Ft
0.44 Acres

Last Sold October 03, 2012

Last sale price $475,500 $280 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $5,187/month

Highlights

  • City Lights View
  • Sundeck
  • Built-In Features
  • Loft
  • Elevator
  • 3-minute walk to City Hall Park Center

About This Home

As of September 2023

This dramatic two story live/work loft is one of the finest penthouses in DTLA. With a 900sf private landscaped and furnished rooftop patio, complete with water feature, it's the largest Loft at the Higgins w/20' ceilings and huge windows on both sides of this home. The gourmet kitchen is upgraded w/Thermador stainless steel appliances, cabinets, marble tops, backsplashes & center island. Designer bath, marble, inlaid tile finishes w/ incredible skyscraper views. Large, open living space with custom lights, finishes, closets, window treatments, washer/dryer and storage. Back bedroom is quiet, private. Dramatic spiral staircase leads to the 2nd level primary bedroom. Up from there you and your guests will enjoy one of the largest private rooftop patios in Downtown. Breathtaking panoramic skyline views. Next to LAPD Admin/dog park and many restaurants, bars, shopping and nightlife. Within walking distance to Civic Center, Grand Park, Disney Concert Hall, Museums, Music Center and Little Tokyo!

Last Agent to Rent the Property

Bill Cooper

Coldwell Banker Exclusive License #01309009 Listed on: 03/31/2023

Coldwell Banker Exclusive

Last Renter's Agent

Bill Cooper

Coldwell Banker Exclusive License #01309009 Listed on: 03/31/2023

Coldwell Banker Exclusive

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,056

Year Built

  • Built in 1910

Lot Details

  • 0.44

Interior Spaces

  • 1,700 Sq Ft Home
  • Built-In Features
  • Loft
  • Concrete Flooring
  • City Lights Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Converted Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Security Deposit $5,000
  • Tenant pays for cable TV, electricity, insurance, move in fee, move out fee
  • 12 Month Lease Term
  • Assessor Parcel Number 5149-006-143

Community Details

Overview

  • High-Rise Condominium
  • Maintained Community
  • 10-Story Property

Amenities

  • Sundeck
  • Community Barbecue Grill
  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Controlled Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,056

Year Built

Built in 1910

Lot Details

0

Rental Info

  • Security Deposit: 5000
  • Tenant Pays: Cable TV, Electricity, Insurance, Move In Fee, Move Out Fee

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Advertising Remarks: This dramatic two story live/work loft is one of the finest penthouses in DTLA. With a 900sf private landscaped and furnished rooftop patio, complete with water feature, it's the largest Loft at the Higgins w/20' ceilings and huge windows on both sides of this home. The gourmet kitchen is upgraded w/Thermador stainless steel appliances, cabinets, marble tops, backsplashes & center island. Designer bath, marble, inlaid tile finishes w/ incredible skyscraper views. Large, open living space with custom lights, finishes, closets, window treatments, washer/dryer and storage. Back bedroom is quiet, private. Dramatic spiral staircase leads to the 2nd level primary bedroom. Up from there you and your guests will enjoy one of the largest private patios in Downtown. Breathtaking panoramic skyline views. Next to LAPD Admin/dog park and many restaurants, bars, shopping and nightlife.
  • Lease Terms: 1+Year
  • Living Area: 1700
  • Lot Acreage: 0.4397
  • Stories: 10
  • Year Built: 1910
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Cement
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet, In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Microwave, Refrigerator, Washer
  • Price Per S Q F T: 2.94

Exterior Features

  • Pool: No
  • View: City, City Lights
  • View: Yes

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Elevator, Sun Deck, Hot Water
  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 5149-006-143
  • Lot Size Area: 19153

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2013
Sold by
Puente Mark
Bought by
Puente Mark W and Mark Puente Inter Vivos Trust
Current Estimated Value
$910,120

Purchase Details

Listed on
Jun 6, 2012
Closed on
Sep 21, 2012
Sold by
Wells Fargo Bank Na
Bought by
Puente Mark
Seller's Agent
Elmon Leggett
Realty Excel
Buyer's Agent
Andrew Rhoda
Carolwood Estates
List Price
$399,500
Sold Price
$475,500
Premium/Discount to List
$76,000
19.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.39%

Purchase Details

Closed on
Nov 23, 2010
Sold by
Fonseca Gloria G and Fonseca Marco A
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Nov 1, 2010
Sold by
Fonseca Marco A and Fonseca Gloria G
Bought by
Fonseca Marco A and Fonseca Gloria G

Purchase Details

Closed on
Oct 27, 2006
Sold by
Fonseca Marco A Antonio and Jimenez Cesar
Bought by
Fonseca Marco A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 11, 2005
Sold by
Fonseca Marco A and Jimenez Cesar
Bought by
Fonseca Marco A Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Interest Rate
7.62%
Mortgage Type
Commercial

Purchase Details

Closed on
May 12, 2005
Sold by
Ladt Llc
Bought by
Jimenez Cesar and Fonseca Marco A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Interest Rate
7.62%
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
Puente Mark W -- None Available
Puente Mark $475,500 Ticor Title Riverside
Wells Fargo Bank National Association $1,001,813 None Available
Fonseca Marco A -- None Available
Fonseca Marco A -- Lawyers Title Company
Fonseca Marco A Antonio -- --
Jimenez Cesar $790,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Puente Mark W $412,000
Previous Owner Fonseca Marco A $250,000
Previous Owner Fonseca Marco A $15,500
Previous Owner Fonseca Marco A $100,000
Previous Owner Jimenez Cesar $632,000
Closed Jimenez Cesar $79,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2023 09/03/23 Rented $5,000 0.0% --
07/27/2023 07/27/23 For Rent $5,000 0.0% --
07/01/2023 07/01/23 Off Market $5,000 -- --
07/01/2023 07/01/23 For Rent $5,000 0.0% --
05/11/2023 05/11/23 Off Market $5,000 -- --
03/31/2023 03/31/23 For Rent $5,000 +9.9% --
09/19/2021 09/19/21 Rented $4,550 0.0% --
09/13/2021 09/13/21 Under Contract -- -- --
08/11/2021 08/11/21 For Rent $4,550 +4.5% --
07/29/2019 07/29/19 Rented $4,355 -3.8% --
07/10/2019 07/10/19 Price Changed $4,525 -6.7% $3 / Sq Ft
05/23/2019 05/23/19 For Rent $4,850 +7.2% --
05/22/2018 05/22/18 Rented $4,525 0.0% --
05/17/2018 05/17/18 Under Contract -- -- --
04/30/2018 04/30/18 Price Changed $4,525 -0.5% $3 / Sq Ft
03/28/2018 03/28/18 For Rent $4,550 0.0% --
06/13/2017 06/13/17 Rented $4,550 -6.2% --
05/10/2017 05/10/17 For Rent $4,850 0.0% --
10/03/2012 10/03/12 Sold $475,500 +19.0% $280 / Sq Ft
08/13/2012 08/13/12 Pending -- -- --
08/06/2012 08/06/12 For Sale $399,500 0.0% $235 / Sq Ft
06/20/2012 06/20/12 Pending -- -- --
06/06/2012 06/06/12 For Sale $399,500 -- $235 / Sq Ft
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 $4,056 $318,000 $63,600 $254,400
2024 $4,056 $318,000 $63,600 $254,400
2023 $4,047 $318,000 $63,600 $254,400
2022 $3,933 $318,000 $63,600 $254,400
2021 $4,364 $354,000 $70,800 $283,200
2019 $3,907 $338,000 $67,600 $270,400
2018 $4,238 $338,000 $67,600 $270,400
2016 $2,917 $231,000 $46,200 $184,800
2015 $3,637 $231,000 $46,200 $184,800
2014 $2,701 $231,000 $46,200 $184,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-256281

The MLS

APN: 5149-006-143