$495,000
SOLD JUL 16, 2025
1 Bed
1 Bath
746 Sq Ft
$785/mo HOA Fee

Recently Sold

$664 Per Sq Ft

1% Below List Price

39 Days on Market

Highlights

  • Concierge
  • 4-minute walk to Pico Station
  • Filtered Pool
  • Fitness Center
  • 24-Hour Security
  • 4-minute walk to South Park Commons

About This Home

As of July 2025

FANTASTIC OPPORTUNITY! This unit is a beautiful East facing "soft loft" condo in Luma, DTLA's premier living... with great views, from floor-to-ceiling windows & sliding door "Juliette"! HARDWOOD FLOORS WERE JUST SANDED, STAINED, AND FINISHED; KITCHEN & BATHROOM CABINETS WERE JUST RESURFACED; WALLS WERE JUST REPAINTED; AND NEW CEILING LIGHT FIXTURES INSTALLED! The unit features stainless steel appliances, and washer & dryer inside. LUMA is a Gold LEED-certified Green building (benefits incl. low electricity bills). The building is FHA/VA approved, as well as for conventional financing. Property has an ASSUMABLE VA LOAN @ APPROX. $445,000 BALANCE @ 3.750% INTEREST. Amenities incl. 24/7 doorman & security, gym, pool/spa/sun-deck on a 1/2 acre outdoor community terrace with BBQ, fireplace, and lounge chairs. Neighborhood amenities incl. popular Prank Bar on the ground floor of the building and mere steps to The Moxy, Level 8, Javier's, Mastro's, Starbucks, Orange Theory, South Park Pharmacy & Grocery, Crypto.com Arena, LA Live, Regal Cinemas, Ralph's, Whole Foods, and an abundant restaurant and mixology bar scene. This is a GREAT time to live & invest in Downtown LA: U.S. SUPREME COURT HAS RULED THAT CITIES CAN BAN HOMELESS ENCAMPMENTS & BILLIONS of dollars are going into DTLA development projects in preparation for the 2026 FIFA World Cup and 2028 Summer Olympics, incl. newly paved streets everywhere, plus exciting new construction in the neighborhood. AGENTS SEE PRIVATE & SHOWING REMARKS!

Last Agent to Sell the Property

Rasmus Ray Lee

Premier Real Estate Broker, Inc. License #01490488 Listed on: 03/27/2025

Last Buyer's Agent

Melissa Phillips

First Team Real Estate License #02009776

First Team Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,617

Year Built

  • Built in 2007 | Remodeled

Lot Details

  • East Facing Home
  • Gated Home
  • Landscaped
  • Corners Of The Lot Have Been Marked
  • Sprinkler System

HOA Fees

  • $785 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Side by Side Parking
  • Garage Door Opener
  • Automatic Gate
  • Controlled Entrance

Property Views

  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Modern Architecture
  • Slab Foundation
  • Unfinished Walls
  • Metal Siding
  • Concrete Perimeter Foundation
  • Quake Bracing

Interior Spaces

  • 746 Sq Ft Home
  • Wired For Data
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Track Lighting
  • Double Pane Windows
  • Drapes & Rods
  • Insulated Doors
  • Living Room
  • Dining Area
  • Loft

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Dressing Area
  • 1 Full Bathroom
  • Low Flow Toliet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Closed Circuit Camera

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Property is located within a water district
  • Central Water Heater

Additional Features

  • Heated Spa
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 5139-005-146

Community Details

Overview

  • Association fees include building and grounds, concierge, gas, insurance, maintenance paid, security, sewer, trash, utilities, water and sewer paid, water
  • 236 Units
  • Action Property Management Co. Association
  • High-Rise Condominium
  • 19-Story Property

Amenities

  • Concierge
  • Doorman
  • Rooftop Deck
  • Outdoor Cooking Area
  • Sundeck
  • Building Terrace
  • Community Barbecue Grill
  • Picnic Area
  • Trash Chute
  • Elevator
  • Service Elevator
  • Reception Area
  • Community Mailbox

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,617

Year Built

Built in 2007 | Remodeled

Lot Details

0

HOA Fees

$785 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Beautiful East facing loft condo in Luma, DTLA's premier living... with great views, from floor-to-ceiling windows & sliding door "Juliette"! HARDWOOD FLOORS WERE RECENTLY SANDED & FINISHED, KITCHEN & BATHROOM CABINETS RESURFACED & WALLS REPAINTED; AND NEW CEILING LIGHT FIXTURES INSTALLED! The unit has stainless steel appliances & W&D inside. US Supreme Court just ruled that cities can ban homeless encampments good news for living and investing in DTLA! LUMA is a Gold LEED-certified Green building. Amenities incl. 24/7 doorman & security, gym, pool/spa/sun-deck on large outdoor terrace; Neighborhood has Crypto.com Arena, LA Live, Regal Theaters, Ralph's, Whole Foods. Billions of $ are going into DTLA dev. projects... newly paved streets everywhere & exciting new construction, in prep for 2028 LA Summer Olympics. Text Ray Lee @ 213-448-095
  • Complex Name: Luma
  • Disability Access: DisabilityAccess, Doors - Swing In, Doors w/Lever Handles, Handicap Access, Customized Wheelchair Accessible
  • Entry Floor: 1
  • Entry Location: Elevator
  • Living Area: 746
  • Lot Acreage: 0.9462
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 19
  • Unit Floor In Building: 11
  • Year Built: 2007
  • Number Of Photos: 55
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Pre-wired for high speed Data, Drywall Walls, High Ceilings (9 Feet+), Living Room Balcony, Recessed Lighting, Track Lighting, Unfinished Walls
  • Flooring: Hardwood, Tile
  • Appliances: Built-In And Free Standing, Built-In Electric, Built-Ins, Cooktop - Gas, Electric, Free Standing Electric, Free Standing Gas, Gas, Gas/Electric Range, Microwave, Oven, Oven-Electric, Range Hood, Range
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: Dressing Area
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Low Flow Toilet(s), Shower Over Tub, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, Living Room
  • Kitchen Features: Counter Top, Granite Counters
  • Laundry: In Closet, In Unit, Inside, Laundry Area, Laundry Closet Stacked
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Electric Dryer Hookup, Freezer, Garbage Disposal, Ice Maker, Microwave, Network Wire, Range/Oven, Refrigerator, Stackable W/D Hookup, Vented Exhaust Fan, Washer, Water Line to Refrigerator
  • Price Per S Q F T: 668.90
  • Windows: Double Pane Windows, Drapes/Curtains

Exterior Features

  • Balcony: "Juliette"
  • Direction Faces: East
  • Construction: Concrete, Glass, Metal Siding
  • Other Features: High Ceilings (9 Feet+), Energy Efficient, Insulated Doors, Slab, Sprinkler System
  • Foundation Details: Quake Bracing, Slab, Concrete Perimeter
  • Exposure: West
  • Pool Description: Association Pool, Exercise Pool, Fenced, Filtered, Heated, Lap Pool, Community
  • Pool: Yes
  • Spa: Association Spa, Community, Fenced, Heated, Hot Tub
  • Spa Yn: Yes
  • View: City, City Lights, Mountains, Panoramic, Tree Top, Walk Street
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Assigned, Covered Parking, Attached, Community Garage, Controlled Entrance, Door Opener, Garage, Garage Is Attached, Gated, Gated Underground, Parking Space, Subterranean, Side By Side
  • Total Parking: 1

Utilities

  • Volt 220: In Laundry
  • Water District: LA DWP
  • Water Heater: Central Water Heater
  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Community, Exterior Security Lights, Fire and Smoke Detection System, Fire Sprinklers, Gated, Gated Community with Guard, Guarded, Smoke Detector, T.V.
  • Sewer: In Connected and Paid
  • Water: District

Association/Amenities

  • Community Features: Community Mailbox
  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Concierge, Controlled Access, Elevator, Exercise Room, Fitness Center, Gated Community, Gated Community Guard, Gated Parking, Hot Water, Onsite Property Management, Outdoor Cooking Area, Picnic Area, Pool, Security, Spa, Sun Deck
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Concierge, Gas, Insurance, Maintenance Paid, Security, Sewer, Trash, Utilities, Water and Sewer Paid, Water
  • High Rise: 24-Hour Closed Circuit Building, Concierge, Controlled Access, Door Person, Entrance Lobby, Mens and Womens Changing Rooms, On site retail, On-Site Guard, Passenger Elevator, Reception Desk, Rooftop Sky Deck, Rooftop Spa, Rooftop Swimming Pool, Service Elevator, Sun Deck, Sun Terrace, Trash Chute
  • HOA Fees: 785.00
  • Management Company: Action Property Management Co.
  • HOA: Yes
  • Unit Location: Front

Schools

  • School District: Los Angeles Unified

Lot Info

  • Special Zoning: Property Report
  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 5139-005-146
  • Lot Description: Automatic Gate, Corners Established, Curbs, Exterior Security Lights, Gated Community, Gated with Guard, Landscaped, Redevelopment Area, Sidewalks, Storm Drains, Street Asphalt, Street Lighting, Street Paved, Walk Street
  • Lot Location: City, Corner Lot
  • Lot Size Area: 41217

Multi Family

  • Number Of Units: 236

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2025
Closed on
Jul 14, 2025
Sold by
Yee Lee
Bought by
Lee Kenneth
Seller's Agent
Rasmus Ray Lee
Premier Real Estate Broker, Inc.
Buyer's Agent
Melissa Phillips
First Team Real Estate
List Price
$499,000
Sold Price
$495,000
Premium/Discount to List
-$4,000
-0.8%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.95%
Original Mortgage
$442,740
Outstanding Balance
$442,740
Interest Rate
6.85%
Mortgage Type
VA
Estimated Equity
$50,254

Purchase Details

Listed on
Mar 27, 2025
Closed on
Jul 8, 2025
Sold by
Kesaji Kenneth
Bought by
Lee Kenneth
Seller's Agent
Rasmus Ray Lee
Premier Real Estate Broker, Inc.
Buyer's Agent
Melissa Phillips
First Team Real Estate
List Price
$499,000
Sold Price
$495,000
Premium/Discount to List
-$4,000
-0.8%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,740
Outstanding Balance
$442,740
Interest Rate
6.85%
Mortgage Type
VA
Estimated Equity
$50,254

Purchase Details

Closed on
Feb 14, 2017
Sold by
Pineda Orlando M
Bought by
Kesaji Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,287
Interest Rate
4.15%
Mortgage Type
VA

Purchase Details

Closed on
Jul 17, 2007
Sold by
Pineda Teresita F
Bought by
Pineda Orlando M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,769
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2007
Sold by
South Park Phase Ii Llc
Bought by
Pineda Orlando M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,769
Interest Rate
6.12%
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
Quit Claim Deed -- Provident Title Company
Grant Deed $52,500 Provident Title Company
Grant Deed $525,000 California Title Company
Interfamily Deed Transfer -- First American Title Co
Grant Deed $421,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $442,740 VA
Previous Owner $536,287 VA
Previous Owner $336,200 New Conventional
Previous Owner $336,769 Purchase Money Mortgage
Previous Owner $63,144 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Sold $495,000 -0.8% $664 / Sq Ft
05/05/2025 05/05/25 Pending -- -- --
03/27/2025 03/27/25 For Sale $499,000 -- $669 / 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 $7,617 $609,300 $183,370 $425,930
2024 $7,617 $597,354 $179,775 $417,579
2023 $7,461 $585,642 $176,250 $409,392
2022 $7,112 $574,160 $172,795 $401,365
2021 $6,964 $562,903 $169,407 $393,496
2019 $6,745 $546,209 $164,383 $381,826
2018 $6,728 $535,500 $161,160 $374,340
2016 $5,785 $467,129 $116,503 $350,626
2015 $5,701 $460,114 $114,754 $345,360
2014 $5,675 $448,000 $112,000 $336,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25517705

The MLS

APN: 5139-005-146