NOT LISTED FOR SALE

Estimated Value: $776,000 - $962,499

2 Beds
1 Bath
1,393 Sq Ft
$653/mo HOA Fee

Last Sold October 28, 2022

Last sale price $915,000 $657 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,548/month

5 Days on Market

Highlights

  • 24-Hour Security
  • Rooftop Deck
  • Loft
  • Unit is on the top floor
  • City Lights View
  • 3-minute walk to City Hall Park Center

About This Home

As of October 2022

Experience a rich city lifestyle complimented with historic charm, chic style, & also a prime location within walking distance to Little Tokyo & The Arts District! Ideally situated in The Higgins Building, this penthouse loft with its own private rooftop provides unparalleled convenience, as well as a gated entry and on-site security. It also benefits from the Mills Act, which which helps preserve historic structures in LA, offering owners significant property tax savings. Surrounded by local landmarks and exciting attractions, the building is only moments away from Disney Concert Hall, Dorothy Chandler Pavilion, Pershing Square, Grand Park, Los Angeles Times Building, Grand Central Market, Japanese American National Museum, and Crypto.com Arena. Transportation options are also abundant with Metro lines, gas stations, and nearby electric vehicle supercharger stations. Renovated to reflect posh modern vibes, the reimagined interior provides an elevated living experience with a seamless combination of contemporary updates and original character. Soaring 15' ceilings greet you upon entry to this top-floor, open-concept residence. Explore the Smart home to discover an organically flowing floorplan, tons of dazzling natural light, oversized windows, gorgeous original historic tilework, brand new modern light fixtures, and an expansive living area. Perfect for year-round gatherings and holiday get-togethers, the open concept layout encourages easy socialization, while the overall design of the home inspires memorable conversation. Adjoining the living area, the impeccably updated kitchen features stainless steel appliances, freshly painted soft-close shaker cabinetry with new bronze hardware, quartz countertops, a breakfast bar, a dishwasher, an electric range/oven, a refrigerator, and a dining area. Entertain guests alfresco-style and take the whimsical spiral staircase to the private rooftop patio where breathtaking views await. With approximately 600 sqft and 360-degree views of all of Los Angeles, the rooftop beckons weekly gatherings. Host open-air movie nights, watch the local fireworks, bask in the romance of twinkling city lights, or simply gather guests for evening chardonnay and charcuterie boards while enjoying the sunset. After an evening out on the town or on your own rooftop patio, enjoy the relaxation that the spacious loft-style primary bedroom offers with its 8' ceilings and a sizable, newly remodeled walk-in closet. The downstairs den and adjacent family room also boast 8' ceilings, tons of natural light, and an additional closet storage. Completely remodeled to perfection, the ultra-captivating full bathroom features stunning new tilework, a beautiful new vanity, a shower/tub combo, and premium finishes and hardware. Other features: in-unit washer/dryer hookups, Smart shades, Smart light switches, Smart door lock, monthly parking option available in the building, close to dog parks, Whole Foods, parks, world-famous restaurants, boutique shopping, and so much more!

Last Agent to Sell the Property

Alicia Rivett

The Agency License #01997362 Listed on: 09/01/2022

The Agency

Co-Listed By

James Suarez

Real Broker License #01433992

Last Buyer's Agent

Gregory Harris

Compass License #01405806

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1910

Lot Details

  • Gated Home
  • Historic Home

HOA Fees

  • $653 Monthly HOA Fees

Parking

  • 1 Parking Space

Property Views

  • City Lights
  • Mountain

Home Design

  • Entry on the 10th floor
  • Turnkey

Interior Spaces

  • 1,393 Sq Ft Home
  • High Ceiling
  • Skylights
  • Living Room
  • Dining Area
  • Den
  • Loft

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Gas and Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Enclosed Patio or Porch

Location

  • Unit is on the top floor
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5149-006-148

Community Details

Overview

  • 135 Units
  • 10-Story Property

Amenities

  • Lobby

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1910

Lot Details

0

HOA Fees

$653 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Levels: Two, Top Level
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Higgins Building
  • Entry Floor: 10
  • Entry Location: Foyer
  • Living Area: 1393
  • Lot Acreage: 0.4397
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 10
  • Year Built: 1910
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+), Turnkey
  • Flooring: Ceramic Tile, Stained Concrete, Tile
  • Appliances: Gas/Electric Range, Electric, Oven-Electric, Microwave
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub, Tile
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area, In Kitchen, Breakfast Counter / Bar
  • Kitchen Features: Quartz Counters, Remodeled
  • Laundry: In Unit, Inside
  • Total Bathrooms: 1.00
  • Equipment: Freezer, Range/Oven, Garbage Disposal, Refrigerator, Gas Or Electric Dryer Hookup, Microwave, Washer, Dryer, Dishwasher
  • Fireplace: No
  • Price Per S Q F T: 664.03
  • Windows: Skylights

Exterior Features

  • Other Features: Balcony, High Ceilings (9 Feet+), Historical
  • Tennis Court Y/N: No
  • Patio: Enclosed, Roof Top Deck
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Community Garage, Assigned
  • Total Parking: 1

Utilities

  • Water Heater: Water Heater Unit
  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector, Gated, 24 Hour, Card/Code Access, Guarded

Association/Amenities

  • Amenities: Gated Community
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • High Rise: Controlled Access, Entrance Lobby
  • HOA Fees: 653.10
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5149-006-148
  • Lot Location: City
  • Lot Size Area: 19153

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 135

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2021
Closed on
Aug 24, 2021
Sold by
Delia Family Trust
Bought by
Carlin Bejamin Morris Smith
Seller's Agent
Eva Garber
Compass
Buyer's Agent
Alicia Rivett
The Agency
List Price
$799,000
Sold Price
$765,000
Premium/Discount to List
-$34,000
-4.26%
Current Estimated Value
$887,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,375
Avg. Annual Appreciation
3.54%
Original Mortgage
$726,750
Outstanding Balance
$658,399
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$228,976

Purchase Details

Closed on
May 16, 2007
Sold by
Mauricio Richard and Ashbel Michael
Bought by
Delia William

Purchase Details

Closed on
Mar 18, 2005
Sold by
Lopez Laura
Bought by
Mauricio Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 17, 2005
Sold by
Ladt Llc
Bought by
Mauricio Richard and Ashbel Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Carlin Bejamin Morris Smith $765,000 Equity Title
Delia William $650,000 Fidelity National Title
Mauricio Richard -- Stewart Title
Mauricio Richard $580,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlin Bejamin Morris Smith $726,750
Previous Owner Mauricio Richard $464,000
Closed Mauricio Richard $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2022 10/28/22 Sold $915,000 -1.1% $657 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $925,000 +20.9% $664 / Sq Ft
10/01/2021 10/01/21 Sold $765,000 -4.3% $549 / Sq Ft View Prior Sale
08/24/2021 08/24/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $799,000 -- $574 / 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 $3,111 $244,000 $48,800 $195,200
2024 $3,111 $244,000 $48,800 $195,200
2023 $3,105 $244,000 $48,800 $195,200
2022 $3,099 $244,000 $48,800 $195,200
2021 $3,422 $271,000 $54,200 $216,800
2019 $3,213 $259,000 $51,800 $207,200
2018 $3,329 $259,000 $51,800 $207,200
2016 $2,206 $167,739 $33,500 $134,239
2015 $2,859 $167,739 $33,500 $134,239
2014 $2,150 $167,739 $33,500 $134,239
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-189165

The MLS

APN: 5149-006-148