NOT LISTED FOR SALE

Estimated Value: $493,000 - $677,000

-- Bed
1 Bath
940 Sq Ft
$429/mo HOA Fee

Last Sold November 12, 2021

Last sale price $515,000 $548 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,977/month

7 Days on Market

Highlights

  • Gated Community
  • City Lights View
  • Post and Beam
  • Abraham Lincoln High School Rated A
  • 1.45 Acre Lot
  • Air Conditioning

About This Home

As of November 2021

Open and airy, top floor, corner unit with breathtaking panoramic views! Real live/work loft in the architecturally significant Alta Lofts, designed by Brooks + Scarpa, with the top two floors added in 2009. Unit features huge, floor-to-ceiling windows, wood floors, gas range, dishwasher and in-unit washer/dryer thoughtfully hidden away. Ideal location within the building and only one shared wall. One private (and huge) balcony and another semi-private balcony that offers peek-a-boo views of the fireworks from Dodger Stadium. This building really does have it all: gated entry, secure parking for one car (plus guest parking), a gym, BBQ area, community room, bike storage and well maintained common areas. The building is pet friendly. Evening security from 6PM-6AM. HOA includes electric, gas and trash! Very close proximity to Downtown LA, convenient to the 5 & 110 freeways and only .5 mile to the Lincoln/Cypress Metro Gold Line Station; also very close to the LA River bike trail, hiking trails, Chinatown and the LA State Historic Park, that recently re-opened after its 20-million-dollar renovation. This is the ideal alternative to a DTLA condo!

Last Agent to Sell the Property

Chad Schlotterback

JohnHart Corp. License #01807076 Listed on: 10/14/2021

JohnHart Corp.

Last Buyer's Agent

Robert Giambalvo

Redfin Corporation License #01955817

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,549

Year Built

  • Built in 2009

Lot Details

  • North Facing Home
  • Gated Home

HOA Fees

  • $429 Monthly HOA Fees

Home Design

  • Post and Beam
  • Entry on the 6th floor

Interior Spaces

  • 1 Full Bathroom
  • 940 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Concrete Flooring
  • City Lights Views

Kitchen

  • Oven or Range
  • Disposal

Parking

  • 1 Open Parking Space
  • Assigned Parking

Utilities

  • Air Conditioning
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 5447-013-111

Community Details

Overview

  • 107 Units

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,549

Year Built

Built in 2009

Lot Details

0

HOA Fees

$429 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Post & Beam
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Alta Lofts
  • Entry Floor: 6
  • Living Area: 940
  • Lot Acreage: 1.4497
  • Planned Urban Dev: 0
  • Probate: No
  • Unit Floor In Building: 6
  • Year Built: 2009
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Stained Concrete
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Garbage Disposal, Range/Oven
  • Price Per S Q F T: 530.85

Exterior Features

  • Direction Faces: North
  • Pool: No
  • View: City Lights, City
  • View: Yes

Garage/Parking

  • Other Spaces: 1
  • Parking Garage: Assigned

Utilities

  • Cooling: Air Conditioning
  • Heating: Forced Air
  • Security: Gated

Association/Amenities

  • Amenities: Gated Community
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 429.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5447-013-111
  • Lot Size Area: 63148

Multi Family

  • Number Of Units: 107

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Oct 28, 2021
Sold by
Codd Alyssa
Bought by
Lewis Kristian Michael
Seller's Agent
Chad Schlotterback
JohnHart Corp.
Buyer's Agent
Robert Giambalvo
Redfin Corporation
List Price
$499,000
Sold Price
$515,000
Premium/Discount to List
$16,000
3.21%
Current Estimated Value
$563,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,578
Avg. Annual Appreciation
1.80%
Original Mortgage
$417,768
Outstanding Balance
$383,720
Interest Rate
3.01%
Mortgage Type
VA
Estimated Equity
$167,830

Purchase Details

Listed on
Oct 14, 2021
Closed on
Oct 25, 2021
Sold by
Gorman Monica
Bought by
Lewis Kristian Michael
Seller's Agent
Chad Schlotterback
JohnHart Corp.
Buyer's Agent
Robert Giambalvo
Redfin Corporation
List Price
$499,000
Sold Price
$515,000
Premium/Discount to List
$16,000
3.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,768
Outstanding Balance
$383,720
Interest Rate
3.01%
Mortgage Type
VA
Estimated Equity
$167,830

Purchase Details

Listed on
Nov 7, 2017
Closed on
Dec 5, 2017
Sold by
Morett Romelia
Bought by
Gorman Monica
Seller's Agent
Troy Vathanadireg
SKYLARK REALTY
Buyer's Agent
Chad Schlotterback
JohnHart Corp.
List Price
$455,000
Sold Price
$450,000
Premium/Discount to List
-$5,000
-1.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.58%
Original Mortgage
$337,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2011
Sold by
Municipal Holdings Llc
Bought by
Morett Luis and Morett Romelia
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lewis Kristian Michael -- Stewart Title Of Ca Inc
Lewis Kristian Michael $515,000 Stewart Title Of Ca Inc
Gorman Monica $450,000 Corinthian Title Company
Morett Romelia -- California Title Company
Morett Luis $193,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Kristian Michael $417,768
Previous Owner Gorman Monica $337,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $515,000 +3.2% $548 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $499,000 +10.9% $531 / Sq Ft
01/12/2018 01/12/18 Sold $450,000 -1.1% $479 / Sq Ft
12/01/2017 12/01/17 Pending -- -- --
11/07/2017 11/07/17 For Sale $455,000 -- $484 / 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 $6,549 $546,520 $163,425 $383,095
2024 $6,549 $535,805 $160,221 $375,584
2023 $6,421 $525,300 $157,080 $368,220
2022 $6,118 $515,000 $154,000 $361,000
2021 $5,585 $473,029 $325,865 $147,164
2019 $5,414 $459,000 $316,200 $142,800
2018 $2,695 $217,308 $118,225 $99,083
2016 $2,567 $208,872 $113,635 $95,237
2015 $2,529 $205,736 $111,929 $93,807
2014 $2,542 $201,707 $109,737 $91,970
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-794744

The MLS

APN: 5447-013-111