$315,000
SOLD DEC 11, 2014
1 Bed
1 Bath
650 Sq Ft
$247/mo HOA Fee

Recently Sold

$485 Per Sq Ft

7% Below List Price

Highlights

  • Roof Top Pool
  • 0.63 Acre Lot
  • Courtyard Views
  • Venice High School Rated A
  • Loft
  • Cooling Available

About This Home

As of December 2014

THIS IS IT!! 650 sq. ft. bright loft features upgraded hardwood floors, oversized bathtub, tile shower, mahogany bathroom vanity cabinet w/bowl sink, granite kitchen counter tops and private balcony perfect for lounging on. Appliances include stainless steel refrigerator, stove/oven, dishwasher, microwave and washer/dryer unit in the bathroom. High Ceilings contribute to the NY loft feel. The building is located across from Pershing Square, with spectacular panoramic views of skyscrapers. Steps from the Metro, Spring St, 7th St Restaurant Row and the new Whole Foods and Trader Joes. Walk to Grand Park, Ralphs, Staples/LA Live, Chinatown, Grand Central Market and Little Tokyo. Pet-friendly building with no size/breed restrictions. Some of the lowest HOA fees downtown! Rooftop patio features 360 views with lounge area, pool and jacuzzi. In-building garage parking!!! 24/7 lobby security, dry-cleaning service and gym. CONVENTIONAL FINANCING AVAILABLE FOR THIS PROPERTY.

Last Agent to Sell the Property

Rommy Shy

Rommy Shy License #01874848 Listed on: 09/02/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,760

Year Built

  • Built in 1923

HOA Fees

  • $247 Monthly HOA Fees

Home Design

  • Planned Development

Interior Spaces

  • 650 Sq Ft Home
  • Loft
  • Courtyard Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Roof Top Pool
  • Two or More Common Walls
  • Urban Location

Listing and Financial Details

  • Tax Lot 5149
  • Tax Tract Number 2175
  • Assessor Parcel Number 5149002175

Community Details

Overview

  • 280 Units

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,760

Year Built

Built in 1923

Lot Details

0

HOA Fees

$247 per month

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5149002175
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 650.00
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Price Per Square Foot: 484.62
  • Room Type: Loft

Exterior Features

  • View: Courtyard
  • Pool Features: Association, Roof Top
  • Pool Private: Yes

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Electric
  • Water Source: Public
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 247.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: Planned Unit Development
  • Lot Size Sq Ft: 27285.00
  • Lot Size Acres: 0.6260

Multi Family

  • Lease Considered: No
  • Lot Size Area: 27285.0000 Square Feet
  • Number Of Units In Community: 280
  • Number Of Units Total: 280

Tax Info

  • Tax Lot: 5149
  • Tax Tract Number: 002175

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2014
Closed on
Oct 16, 2014
Sold by
Dumont Anh Tram Vo
Bought by
Yi Michael and Yi Helen
Seller's Agent
Rommy Shy
Rommy Shy
List Price
$340,000
Sold Price
$315,000
Premium/Discount to List
-$25,000
-7.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.83%
Original Mortgage
$130,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2009
Sold by
Federal National Mortgage Association
Bought by
Bac Home Loans Servicing Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2009
Sold by
Bac Home Loans Servicing Lp
Bought by
Vo Anh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2008
Sold by
Suk Hung Ho
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 15, 2007
Sold by
5Th St Loft Llc
Bought by
Suk Hung Ho

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $310,000 Provident Title Company
Interfamily Deed Transfer -- Provident Title Company
Corporate Deed -- None Available
Grant Deed $158,000 Landsafe Title
Trustee Deed $395,309 Landsafe Title
Grant Deed $465,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $130,000 New Conventional
Previous Owner $126,400 New Conventional
Previous Owner $372,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 For Sale $365,000 +15.9% $562 / Sq Ft
12/11/2014 12/11/14 Sold $315,000 -7.4% $485 / Sq Ft
10/12/2014 10/12/14 Pending -- -- --
09/02/2014 09/02/14 For Sale $340,000 -- $523 / 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 $4,760 $372,565 $228,347 $144,218
2024 $4,760 $365,261 $223,870 $141,391
2023 $4,654 $358,100 $219,481 $138,619
2022 $4,426 $351,079 $215,178 $135,901
2021 $4,359 $344,196 $210,959 $133,237
2020 $4,395 $340,667 $208,796 $131,871
2019 $4,218 $333,988 $204,702 $129,286
2018 $4,203 $327,440 $200,689 $126,751
2016 $3,984 $314,727 $192,897 $121,830
2015 $3,920 $310,000 $190,000 $120,000
2014 $2,178 $166,369 $49,489 $116,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14189136

California Regional Multiple Listing Service (CRMLS)

APN: 5149-002-175