$475,500
SOLD OCT 3, 2012
-- Bed
1 Bath
1,700 Sq Ft
0.43 Acres

Recently Sold

$280 Per Sq Ft

19% Above List Price

68 Days on Market

Highlights

  • Concierge
  • City Lights View
  • Loft
  • 24-Hour Security
  • Contemporary Architecture
  • 3-minute walk to City Hall Park Center

About This Home

As of October 2012

Gorgeous Urban Loft in the heart of Upcoming Downtown LA Live. This units offers direct access to the Rooftop & Patio with amazing views. Open, bright, spacious floor plan along with a contemporary design & feel. Within walking distance to restaurants, shops & theaters. Building amenities include concierge, rooftop deck & courtyard lounge. Now that is what I call Downtown Living! It's a must see - won't last long. Bank Owned Foreclosure being sold in its present As-Is condition. Information herein is not confirmed by Listing Broker & it is Buyer's responsibility to verify & rely on their own findings. Agents are required to accompany all clients when viewing properties & accept responsibility for safety & well-being of clients at all times. Broker will confirm viewing/showing of property via Supra Report. All Buyers must view property before submitting offer. REALTORS MUST READ PRIVATE REMARKS!

Last Agent to Sell the Property

Elmon Leggett

Realty Excel License #00883565 Listed on: 06/06/2012

Last Buyer's Agent

Andrew Rhoda

Carolwood Estates License #01879250

Carolwood Estates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,056

Year Built

  • Built in 1910

Parking

  • 1 Car Garage

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Cement Board or Planked

Interior Spaces

  • 1 Full Bathroom
  • 1,700 Sq Ft Home
  • Living Room
  • Dining Area
  • Loft
  • City Lights Views
  • Disposal
  • Laundry Room

Flooring

  • Concrete
  • Tile

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5149-006-143

Community Details

Overview

  • 135 Units
  • Prime Association Of Services Association
  • 11-Story Property

Amenities

  • Concierge
  • Elevator

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,056

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Higgins Loft
  • Entry Floor: 1
  • Entry Location: Main Level
  • Exclusions: None
  • Living Area: 1700
  • Planned Urban Dev: 0
  • Stories: 11
  • Unit Floor In Building: 10
  • Year Built: 1910
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: RealEstateOwned

Interior Features

  • Flooring: Cement, Mixed, Tile
  • Fireplaces: 0
  • Full Bathroom: 1
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Garbage Disposal
  • Fireplace: No
  • Price Per S Q F T: 235.00

Exterior Features

  • Balcony: None
  • Construction: Block, Brick, Cement Board, Concrete
  • Exposure: None
  • Pool: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Other Spaces: 1
  • Covered Parking: 1

Utilities

  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: 24 Hour, Community, Guarded

Association/Amenities

  • Amenities: Concierge, Controlled Access, Elevator
  • Pet Rules: Call

Condo/Co-op/Association

  • Assessments: Unknown
  • HOA Fees: 684.45
  • Management Company: Prime Association of Services
  • Mgmt Co Phone: 800-706-7838

Schools

  • School District: Los Angeles Unified

Lot Info

  • Special Zoning: Property Report, Rent Control
  • Horses: No
  • Assessor Parcel Number: 5149-006-143

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 135

MLS Schools

  • School District: Los Angeles Unified

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
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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $475,500 Ticor Title Riverside
Trustee Deed $1,001,813 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Lawyers Title Company
Interfamily Deed Transfer -- --
Grant Deed $790,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $412,000 Commercial
Previous Owner $250,000 Credit Line Revolving
Previous Owner $15,500 Commercial
Previous Owner $100,000 Commercial
Previous Owner $632,000 Commercial
Closed $79,000 No Value Available
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: 12-605411

The MLS

APN: 5149-006-143