$642,500
SOLD JUN 14, 2016
1 Bed
1 Bath
1,050 Sq Ft
0.44 Acres

Recently Sold

$612 Per Sq Ft

14% Below List Price

131 Days on Market

Highlights

  • City Lights View
  • Loft
  • Central Heating and Cooling System
  • 19,153 Sq Ft lot
  • Sundeck
  • 3-minute walk to City Hall Park Center

About This Home

As of March 2021

Northwest corner unit in the historically designated Higgins Building. Nine large oversized industrial windows that offer the spectacular skyline view,Disney Concert Hall and the glowing neon of The LA Times. Historically designated means you can enjoy the Mills Tax Act with a reduction in property taxes. Located in the Civic Center, this unit has high ceilings, polished concrete floors, stainless steel appliances, washer/dryer in unit, nice tiled bath. Grand Ave Park, Grand Central Market, Little Tokyo, Art Walk, restaurants, metro all in walking distance. Directly across from the LAPD dog park. Parking available in multiple indoor/outdoor lots.

Last Agent to Sell the Property

Paula M Samuel

The Loft Exchange, Inc. License #01348983 Listed on: 12/13/2015

Last Buyer's Agent

Bryan Marks

Compass License #01957066

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,530

Year Built

  • Built in 1910

Interior Spaces

  • 1,050 Sq Ft Home
  • Loft
  • Concrete Flooring
  • City Lights Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5149-006-059

Community Details

Overview

  • 140 Units

Amenities

  • Sundeck
  • Community Barbecue Grill

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,530

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: Higgins
  • Entry Floor: 4
  • Living Area: 1050
  • Planned Urban Dev: 0
  • Unit Floor In Building: 4
  • Year Built: 1910
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Cement
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 642.86

Exterior Features

  • Tennis Court Y/N: No
  • Exposure: NW
  • Pool: No
  • View: City Lights
  • View: Yes

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Assoc Barbecue, Hot Water, Sun Deck
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 693.00

Lot Info

  • Assessor Parcel Number: 5149-006-059
  • Geocode Override: No
  • Lot Size Area: 19153

Multi Family

  • Number Of Units: 140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
Mar 9, 2021
Sold by
West Dwight C and West Kellene F
Bought by
Williams Terrie
Seller's Agent
Brandon Buhr
PLG Estates
Buyer's Agent
Outside Agent
List Price
$689,000
Sold Price
$680,000
Premium/Discount to List
-$9,000
-1.31%
Current Estimated Value
$596,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$83,789
Avg. Annual Appreciation
-2.95%
Original Mortgage
$695,640
Outstanding Balance
$626,419
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
-$30,208

Purchase Details

Listed on
Dec 13, 2015
Closed on
Jun 6, 2016
Sold by
Holdridge Jared
Bought by
West Dwight C and West Kellene F
Seller's Agent
Paula M Samuel
The Loft Exchange, Inc.
Buyer's Agent
Bryan Marks
Compass
List Price
$750,000
Sold Price
$642,500
Premium/Discount to List
-$107,500
-14.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.20%
Original Mortgage
$448,700
Interest Rate
2.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 2005
Sold by
Ladt Llc
Bought by
Holdridge Jared

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Grant Deed $680,000 First Amer Ttl Co Glendale
Grant Deed $642,500 Fidelity National Title
Grant Deed $400,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $695,640 VA
Previous Owner $448,700 Commercial
Previous Owner $80,000 Credit Line Revolving
Previous Owner $320,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2021 03/11/21 Sold $680,000 +0.7% $648 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
02/08/2021 02/08/21 Price Changed $675,000 -2.0% $643 / Sq Ft
01/08/2021 01/08/21 For Sale $689,000 +7.2% $656 / Sq Ft
06/14/2016 06/14/16 Sold $642,500 -4.8% $612 / Sq Ft
04/22/2016 04/22/16 Pending -- -- --
04/19/2016 04/19/16 Price Changed $675,000 -6.9% $643 / Sq Ft
02/15/2016 02/15/16 Price Changed $725,000 -3.3% $690 / Sq Ft
12/13/2015 12/13/15 For Sale $750,000 0.0% $714 / Sq Ft
05/14/2014 05/14/14 Rented $2,200 -2.2% --
05/14/2014 05/14/14 Under Contract -- -- --
04/24/2014 04/24/14 For Rent $2,250 0.0% --
05/08/2013 05/08/13 Rented $2,250 0.0% --
05/08/2013 05/08/13 Under Contract -- -- --
03/23/2013 03/23/13 For Rent $2,250 -- --
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 $2,530 $197,000 $39,400 $157,600
2024 $2,530 $197,000 $39,400 $157,600
2023 $2,525 $197,000 $39,400 $157,600
2022 $2,454 $197,000 $39,400 $157,600
2021 $2,797 $219,000 $43,800 $175,200
2020 $2,125 $159,000 $31,800 $127,200
2019 $2,625 $159,000 $31,800 $127,200
2018 $2,120 $159,000 $31,800 $127,200
2016 $1,812 $135,481 $27,100 $108,381
2015 $2,337 $135,481 $27,100 $108,381
2014 $1,775 $135,481 $27,100 $108,381
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-965243

The MLS

APN: 5149-006-059