NOT LISTED FOR SALE

Estimated Value: $432,000 - $512,000

1 Bed
1 Bath
730 Sq Ft
$568/mo HOA Fee

Last Sold September 21, 2022

Last sale price $510,000 $699 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,225/month

7 Days on Market

Highlights

  • 24-Hour Security
  • Sundeck
  • Living Room
  • City Lights View
  • Built-In Features
  • 3-minute walk to City Hall Park Center

About This Home

As of September 2022

One-of-a-kind floor plan in DTLA's historic Beaux Arts Higgins Building! Thanks to its unique one-bedroom layout, Unit 615 feels twice as large as comparably-sized studio units in the building, while also offering far more privacy. With 15' high ceilings and a full wall of double-sized windows, the loft is bathed in natural light in the daytime and sparkles with city lights at night. Purchased in 2021, and stylishly updated by the current owners before a surprise move to San Francisco changed their plans, Unit 615 is filled with upgrades, including a renovated bathroom with a new, floating vanity double sink, and matte black hardware; a revamped kitchen with new white subway tile, new appliances, and a newly-installed combo washer-dryer; and new led pendant light fixtures throughout to complement the freshly-painted white walls, gray trim, and iconic zinc doors. A new 65-inch TV, attached to a pivoting wall-mounted arm, allows for cozy days and nights vegging in bed, while a ceiling-mounted projector tantalizes in the living room. Oversized mirrored wardrobes and ceiling-mounted shelving provide ample storage without compromising any living space. Adding to the sense of security afforded by its location across the street from LAPD HQ, the Higgins Building's gorgeous front entrance is manned by dedicated professional doormen and the historic iron-cage elevators have recently been upgraded with key fob activation. With trendy and delicious Badmaash located in the building, refined Redbird across the street (inside the breathtaking Vibiana Cathedral), Grand Central Market two blocks away, and Little Tokyo and the Arts District a few minutes' walk eastward, Unit 615 at the Higgins Building is truly a city dweller's paradise. And, as the cherry on top, the building's historic designation under the Mills Act yields massive annual property tax savings.

Last Agent to Sell the Property

Jeff Lemen

Carolwood Estates License #01314776 Listed on: 08/24/2022

Carolwood Estates

Last Buyer's Agent

Travis Canby

Christie's International Real Estate SoCal License #01982019

Christie's International Real Estate SoCal

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1910

Lot Details

  • 0.44

HOA Fees

  • $568 Monthly HOA Fees

Property Views

  • Skyline
  • Park or Greenbelt

Home Design

  • Entry on the 6th floor

Interior Spaces

  • 730 Sq Ft Home
  • Built-In Features
  • Living Room
  • Dining Area

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5149-006-091

Community Details

Overview

  • 135 Units
  • 10-Story Property

Amenities

  • Sundeck

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Card or Code Access

Property Details

Home Type

Condominium

Year Built

Built in 1910

Lot Details

0

HOA Fees

$568 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Unknown
  • Street Number Display: Yes
  • Complex Name: Higgins Loft
  • Entry Floor: 6
  • Living Area: 730
  • Lot Acreage: 0.4397
  • Planned Urban Dev: 0
  • Stories: 10
  • Year Built: 1910
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Cement, Tile
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Kitchen
  • Total Bathrooms: 1.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 710.96

Exterior Features

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

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated Community with Guard, Card/Code Access

Association/Amenities

  • Amenities: Controlled Access, Sun Deck, Gated Community Guard, Security
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 568.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5149-006-091
  • Lot Size Area: 19153

Multi Family

  • Number Of Units: 135

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2022
Closed on
Sep 17, 2022
Sold by
Fernstrom and Cory
Bought by
Corley Jeremy J and Fritsch Stefane
Seller's Agent
Jeff Lemen
Carolwood Estates
Buyer's Agent
Travis Canby
Christie's International Real Estate SoCal
List Price
$519,000
Sold Price
$510,000
Premium/Discount to List
-$9,000
-1.73%
Views
20
Current Estimated Value
$480,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,705
Avg. Annual Appreciation
-1.78%

Purchase Details

Listed on
Sep 1, 2015
Closed on
Jun 1, 2016
Sold by
Younger Cheryl
Bought by
Kawachi Don S
Seller's Agent
Roxanna Godinez
DPP
Buyer's Agent
Diane Koyounian
List Price
$500,000
Sold Price
$460,000
Premium/Discount to List
-$40,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.66%
Original Mortgage
$368,000
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 11, 2011
Sold by
Harris Allan
Bought by
Younger Cheryl and Harris Allan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
4.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 17, 2010
Sold by
Kim Bo Eh
Bought by
Harris Allan and Younger Cheryl

Purchase Details

Closed on
May 20, 2005
Sold by
Kim Tae Hyung
Bought by
Kim Bo Eh

Purchase Details

Closed on
Apr 27, 2005
Sold by
Ladt Llc
Bought by
Kim Tae Hyung
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Corley Jeremy J $510,000 Endpoint Title
Corley Jeremy J $510,000 Endpoint Title
Kawachi Don S $460,000 Chicago Title Company
Kawachi Don S $460,000 Chicago Title Company
Younger Cheryl -- Chicago Title
Younger Cheryl -- Chicago Title
Harris Allan $185,000 Old Republic Title
Harris Allan $185,000 Old Republic Title
Kim Bo Eh $439,000 First American Title Co
Kim Bo Eh $439,000 First American Title Co
Kim Tae Hyung $320,000 Stewart Title
Kim Tae Hyung $320,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kawachi Don S $368,000
Previous Owner Younger Cheryl $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2022 09/21/22 Sold $510,000 -1.7% $699 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $519,000 +7.0% $711 / Sq Ft
06/21/2021 06/21/21 Sold $485,000 -2.8% $664 / Sq Ft View Prior Sale
02/19/2021 02/19/21 For Sale $499,000 0.0% $684 / Sq Ft
04/13/2019 04/13/19 Rented $2,200 0.0% --
04/01/2019 04/01/19 Price Changed $2,200 -4.3% $3 / Sq Ft
03/20/2019 03/20/19 Price Changed $2,300 -2.1% $3 / Sq Ft
02/20/2019 02/20/19 Price Changed $2,350 -4.1% $3 / Sq Ft
02/07/2019 02/07/19 For Rent $2,450 0.0% --
06/13/2016 06/13/16 Sold $460,000 -7.1% $630 / Sq Ft View Prior Sale
05/06/2016 05/06/16 Pending -- -- --
03/07/2016 03/07/16 Price Changed $495,000 -1.0% $678 / Sq Ft
12/02/2015 12/02/15 For Sale $500,000 +8.7% $685 / Sq Ft
12/01/2015 12/01/15 Off Market $460,000 -- --
10/05/2015 10/05/15 Price Changed $500,000 -4.8% $685 / Sq Ft
09/01/2015 09/01/15 For Sale $525,000 0.0% $719 / Sq Ft
09/29/2014 09/29/14 Rented $2,375 -5.0% --
09/29/2014 09/29/14 Under Contract -- -- --
07/29/2014 07/29/14 For Rent $2,500 -- --
Source: The MLS

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 $1,896 $142,800 $28,560 $114,240
2024 $1,896 $142,800 $28,560 $114,240
2023 $1,895 $142,800 $28,560 $114,240
2022 $1,842 $142,800 $28,560 $114,240
2021 $2,057 $168,000 $33,600 $134,400
2020 $1,865 $149,000 $29,800 $119,200
2019 $1,875 $149,000 $29,800 $119,200
2018 $1,860 $149,000 $29,800 $119,200
2016 $1,187 $94,192 $18,800 $75,392
2015 $1,550 $94,192 $18,800 $75,392
2014 $1,154 $94,192 $18,800 $75,392
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-192707

The MLS

APN: 5149-006-091