$540,000
SOLD DEC 15, 2023
1 Bed
1.5 Baths
1,130 Sq Ft
$780/mo HOA Fee

Recently Sold

$478 Per Sq Ft

2% Below List Price

87 Days on Market

Highlights

  • Fitness Center
  • Infinity Pool
  • 1.64 Acre Lot
  • 24-Hour Security
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of December 2023

Modern Urban Living at Vero - 1 Bed + Den/Office, 1.5 Bath Contemporary Condo. The Vero is an urban, stylish complex located in the Central City West neighborhood of LA, adjacent to the Good Samaritan Hospital and nearby Financial District. The interior offers a versatile floorplan, maximizing natural light with its high ceilings, expansive windows overlooking the courtyard, smart home, recessed lighting, fresh paint, HVAC. Modern kitchen features lots of cabinets, counter space, and stainless-steel appliances, in unit laundry. Amenities include luxury lounge seating, barbecues and fire tables, common area Wi-Fi, elegant two-story lobby area, fitness center, sparkling pool/spa, dry cedar sauna, two conveniently located parking spaces, gated parking garage, on-site management and minutes from LA Live, Crypto.com arena, Nokia Theatre, 7th & Fig, USC, and all that downtown LA has to offer. Come see, you will not be disappointed!

Last Agent to Sell the Property

PAUL VIEYRA

Redfin Corporation License #01802026 Listed on: 08/21/2023

Redfin Corporation

Last Buyer's Agent

Steven Hill

Equity Union License #02023251

Equity Union

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,598

Year Built

  • Built in 2006

Lot Details

  • 1 Common Wall
  • Security Fence

HOA Fees

  • $780 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Side by Side Parking
  • Parking Lot
  • Assigned Parking

Property Views

  • Courtyard

Home Design

  • Flat Roof Shape
  • Copper Plumbing

Interior Spaces

  • 1,130 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Recessed Lighting
  • Family Room Off Kitchen
  • Den
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Infinity Pool
  • Gas Heated Pool
  • Spa

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 65289
  • Assessor Parcel Number 5143019032

Community Details

Overview

  • Master Insurance
  • 197 Units
  • Vero Association, Phone Number (213) 977-9313
  • Action Property Management HOA
  • 5-Story Property

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Trash Chute

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,598

Year Built

Built in 2006

Lot Details

0

HOA Fees

$780 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: 24 Hour Security
  • View: Yes
  • Zoning: LACW
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5143019032
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1130.00 Square Feet
  • Interior Amenities: Copper Plumbing Full, Elevator, High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting, Trash Chute
  • Stories: 5
  • Entry Location: 1st level
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 477.88
  • Room Type: Den, Kitchen, Laundry, Primary Bathroom, Primary Bedroom, Primary Suite
  • Spa Features: Association
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Primary Bath, Exhaust Fan(s)
  • Room Kitchen Features: Kitchen Open To Family Room, Quartz Counters, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • View: Courtyard, Pool
  • Fence: Yes
  • Fencing: Security
  • Pool Features: Association, Gas Heat, Infinity
  • Pool Private: No
  • Roof: Flat
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, Parking Space, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Fire Pit, Barbecue, Outdoor Cooking Area, Gym/Ex Room, Cable TV, Insurance, Trash, Sewer, Water, Pets Permitted, Weight Limit, Guard, Security, Controlled Access, Hot Water
  • Association Fee: 780.00
  • Association Fee Frequency: Monthly
  • Association Name: Vero
  • Phone: 2139779313
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Storm Drains, Street Lights
  • Association Management: Action Property Management

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 71332.00
  • Lot Size Acres: 1.6376

Multi Family

  • Lease Considered: No
  • Lot Size Area: 71332.0000 Square Feet
  • Number Of Units In Community: 197
  • Number Of Units Total: 197

Tax Info

  • Tax Census Tract: 2091.06
  • Tax Lot: 1
  • Tax Tract Number: 65289

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2023
Closed on
Nov 20, 2023
Sold by
Garrison Jacob and Garrison Christina Tsui
Bought by
Khuu Thanh
Seller's Agent
PAUL VIEYRA
Redfin Corporation
Buyer's Agent
Steven Hill
Equity Union
List Price
$549,500
Sold Price
$540,000
Premium/Discount to List
-$9,500
-1.73%
Views
77
Current Estimated Value
$549,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,226
Avg. Annual Appreciation
1.00%
Original Mortgage
$486,000
Outstanding Balance
$478,253
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$70,973

Purchase Details

Closed on
Aug 29, 2019
Sold by
Garrison Jacob and Garrison Christina Tsui
Bought by
Garrison Jacob and Garrison Christina Tsui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 2, 2018
Closed on
Mar 24, 2018
Sold by
Acam Properties Llc
Bought by
Garrison Jacob and Tsui Christina
Seller's Agent
Rodney Ruiz
Century 21 Masters
Buyer's Agent
Wendy Neckels
Dilbeck Real Estate
List Price
$549,999
Sold Price
$530,000
Premium/Discount to List
-$19,999
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.48%
Original Mortgage
$400,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2011
Sold by
Podesta Enrique Lopez and Melgem Adriana Del Carmen Avila
Bought by
Acam Properties Llc

Purchase Details

Closed on
Oct 15, 2008
Sold by
Villa Verona Llc
Bought by
Podesta Enrique Lopez
Source: Public Records

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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 $540,000 Titleforward
Interfamily Deed Transfer -- Stewart Title Of California
Grant Deed $530,000 First American Title Company
Grant Deed -- None Available
Grant Deed $450,000 Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $486,000 New Conventional
Previous Owner $391,000 New Conventional
Previous Owner $389,000 New Conventional
Previous Owner $391,500 New Conventional
Previous Owner $400,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $540,000 -1.7% $478 / Sq Ft
11/01/2023 11/01/23 For Sale $549,500 +1.8% $486 / Sq Ft
10/26/2023 10/26/23 Off Market $540,000 -- --
09/27/2023 09/27/23 Price Changed $549,500 -1.7% $486 / Sq Ft
08/21/2023 08/21/23 For Sale $559,000 +5.5% $495 / Sq Ft
03/28/2018 03/28/18 Sold $530,000 -3.6% $469 / Sq Ft
02/26/2018 02/26/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $549,999 -- $487 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,598 $550,800 $163,200 $387,600
2024 $6,598 $540,000 $160,000 $380,000
2023 $6,992 $579,630 $349,966 $229,664
2022 $6,665 $568,265 $343,104 $225,161
2021 $6,577 $557,124 $336,377 $220,747
2019 $6,376 $540,600 $326,400 $214,200
2018 $6,198 $509,289 $169,761 $339,528
2016 $5,924 $489,515 $163,170 $326,345
2015 $5,837 $482,163 $160,720 $321,443
2014 $5,584 $450,000 $150,000 $300,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23154688

California Regional Multiple Listing Service (CRMLS)

APN: 5143-019-032