NOT LISTED FOR SALE

Estimated Value: $379,000 - $837,000

1 Bed
1 Bath
890 Sq Ft
$269/mo HOA Fee

Last Sold October 30, 2020

Last sale price $573,800 $645 Per Sq Ft

Current estimated payment $4,049/month

8 Days on Market

Highlights

  • Valet Parking
  • Fitness Center
  • In Ground Pool
  • Venice High School Rated A
  • 24-Hour Security
  • Rooftop Deck

About This Home

As of October 2020

Truly the loft you have been waiting for in the heart of downtown LA! As soon as you set foot inside you are struck with jaw dropping views from every corner of this gorgeous space. Did I mention this Junior penthouse unit also comes with its own private rooftop deck?! This space is great for setting up a private retreat and wonderful for entertaining. Besides the beautiful views and spacious deck, this south facing, corner loft is located on the 11th floor, which cancels out street traffic and ground noise even with the sweet balcony off the dining area. The loft comes with amazing high ceilings, no units above, huge original windows, separated bedroom area with walk-in closet, custom office space, large soaking tub, AC, stainless steel appliances & washer/dryer hookups. Building amenities include 24/7 door man, rooftop pool, spa, community rooftop area, and a gym, all with low HOAs. As soon as you set foot inside you will fall in love!

Last Agent to Sell the Property

Linda Leon

Nourmand & Associates-HW License #01790801 Listed on: 09/15/2020

Last Buyer's Agent

Lara Hutchins

License #01930111

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,686

Year Built

  • Built in 1923

Lot Details

  • End Unit

HOA Fees

  • $269 Monthly HOA Fees

Parking

  • Subterranean Parking

Interior Spaces

  • 890 Sq Ft Home
  • Open Floorplan
  • Beamed Ceilings
  • High Ceiling
  • Living Room
  • Dining Area
  • Loft
  • Home Gym
  • Tile Flooring
  • City Lights Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Low Flow Toliet
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer Hookup

Home Security

Pool

  • In Ground Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Covered patio or porch

Utilities

  • Heating System Mounted To A Wall or Window
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 5149-002-178

Community Details

Overview

  • 280 Units
  • High-Rise Condominium
  • 12-Story Property

Amenities

  • Valet Parking
  • Sundeck
  • Picnic Area
  • Sauna
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,686

Year Built

Built in 1923

Lot Details

0

HOA Fees

$269 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Advertising Remarks: Truly the loft you have been waiting for in the heart of downtown LA! As soon as you set foot inside you are struck with jaw dropping views from every corner of this gorgeous space. Did I mention the loft also comes with its own private rooftop deck?! This space is great for setting up a private retreat and wonderful for entertaining. Besides the beautiful views and spacious deck, this south facing, corner loft is located on the 11th floor which cancels out street traffic and ground noise even with the sweet balcony off the dining area. The unit comes with amazing high ceilings, huge original windows, separated bedroom area with walk-in closet, custom office space, large soaking tub, AC, stainless steel appliances & washer/dryer hookups. Building amenities include 24/7 door man, rooftop pool, spa, community rooftop area, and a gym, all with low HOAs. As soon as you set foot inside you will fall in love!
  • Complex Name: Shybary
  • Entry Floor: 1
  • Living Area: 890
  • Lot Acreage: 0.6264
  • Planned Urban Dev: 0
  • Stories: 12
  • Unit Floor In Building: 11
  • Year Built: 1923
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Beamed Ceiling(s), Elevator, High Ceilings (9 Feet+), Laundry - Closet Stacked, Open Floor Plan, Storage Space
  • Flooring: Tile
  • Appliances: Microwave, Oven, Range
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Low Flow Toilet(s), Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Stone Counters
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator, Stackable W/D Hookup, Garbage Disposal, Gas Or Electric Dryer Hookup, Microwave, Dishwasher, Electric Dryer Hookup, Elevator
  • Price Per S Q F T: 639.33

Exterior Features

  • Balcony: Yes
  • Other Features: Balcony, End Unit, High Ceilings (9 Feet+)
  • Patio: Balcony, Roof Top Deck
  • Pool Description: Association Pool, Fenced, In Ground, Community
  • Pool: Yes
  • Spa: Association Spa, Community
  • Spa Yn: Yes
  • View: City Lights, City
  • View: Yes

Garage/Parking

  • Parking Garage: Subterranean, Valet

Utilities

  • Cooling: Air Conditioning
  • Heating: Wall
  • Security: 24 Hour, Card/Code Access, Smoke Detector
  • Water: District

Association/Amenities

  • Amenities: Elevator, Exercise Room, Fitness Center, Hot Water, Picnic Area, Pool, Sun Deck, Sauna
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 269.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5149-002-178
  • Lot Size Area: 27285

Multi Family

  • Number Of Units: 280

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2020
Closed on
Sep 24, 2020
Sold by
Lam Richard Y
Bought by
Hofer Michael
Seller's Agent
Linda Leon
Nourmand & Associates-HW
Buyer's Agent
Lara Hutchins
List Price
$569,000
Sold Price
$573,800
Premium/Discount to List
$4,800
0.84%
Current Estimated Value
$573,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$523
Avg. Annual Appreciation
0.90%
Original Mortgage
$510,400
Outstanding Balance
$456,021
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$142,855

Purchase Details

Closed on
Oct 11, 2013
Sold by
Park Eun Jin
Bought by
Lam Richard Y

Purchase Details

Closed on
Aug 1, 2005
Sold by
5Th St Loft Llc
Bought by
Park Eun Jin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,920
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Hofer Michael $574,000 First American Title Company
Lam Richard Y $240,000 Lawyers Title
Park Eun Jin $500,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hofer Michael $510,400
Closed Hofer Michael $510,400
Previous Owner Park Eun Jin $136,000
Previous Owner Park Eun Jin $72,500
Previous Owner Park Eun Jin $408,750
Previous Owner Park Eun Jin $399,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $573,800 +0.8% $645 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $569,000 +137.1% $639 / Sq Ft
01/21/2014 01/21/14 Sold $240,000 +4.3% $296 / Sq Ft
08/14/2013 08/14/13 Pending -- -- --
08/08/2013 08/08/13 For Sale $230,000 -- $284 / 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 $7,686 $621,097 $188,125 $432,972
2024 $7,686 $608,920 $184,437 $424,483
2023 $7,517 $596,981 $180,821 $416,160
2022 $7,149 $585,276 $177,276 $408,000
2021 $7,128 $573,800 $173,800 $400,000
2019 $3,457 $263,736 $54,944 $208,792
2018 $3,441 $258,566 $53,867 $204,699
2016 $3,244 $248,527 $51,776 $196,751
2015 $3,189 $244,795 $50,999 $193,796
2014 $3,207 $240,000 $50,000 $190,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-630788

The MLS

APN: 5149-002-178