$440,000
SOLD MAY 20, 2022
1 Bed
1 Bath
670 Sq Ft
$288/mo HOA Fee

Recently Sold

$657 Per Sq Ft

4% Above List Price

27 Days on Market

Highlights

  • Roof Top Pool
  • City Lights View
  • High Ceiling
  • Venice High School Rated A
  • 0.63 Acre Lot
  • Granite Countertops

About This Home

As of May 2022

Iconic views of City Hall and Downtown Los Angeles from your 11th floor perch. Originally built in 1923 and converted to lofts in 2004, the SB Grand is a 12 story building located at the corner of 5th and Broadway in Downtown Los Angeles. Architects Curlett and Bellman designed this Beaux Arts style building as a department store. Loft 1122 offers 670 square feet downtown living in the center of the Historic Core. Some of the features include concrete flooring, high ceilings, large windows to the East bringing abundant light, and an open plan kitchen for hosting friends and family. Most unique is the private balcony made from the old fire escape that give you epic views across the city. Exterior facing home with views up and down 5th Street. The bedroom area is set behind the kitchen and has a privacy that is uncommon in lofts. The kitchen has tiled marble counters, built-in microwave and plenty of storage space. In-unit stackable LG laundry and electric appliances included in sale. Enjoy the sparkling rooftop pool with epic views across LA. 24-hour security guard. Located blocks from The Last Bookstore, Perch, Grand Central Market and the Broadway Theater District. Metro station next door for unparalleled access to the train system. HOA fees in the property are $289/month and include water/trash. Parking in the building is available and is $300/month for valet parking. No pet restrictions and rentals (both short term and longer leases) are permitted in compliance with city rules.

Last Agent to Sell the Property

Adam Bray-Ali

Coldwell Banker Realty License #01859026 Listed on: 04/16/2022

Coldwell Banker Realty

Last Buyer's Agent

Miguel Garcia

RE/MAX MASTERS REALTY License #01256705

RE/MAX MASTERS REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,880

Year Built

  • Built in 1923

Lot Details

  • Property fronts an alley
  • Two or More Common Walls
  • East Facing Home
  • No Sprinklers

HOA Fees

  • $288 Monthly HOA Fees

Home Design

  • Turnkey
  • Flat Roof Shape
  • Copper Plumbing

Interior Spaces

  • 670 Sq Ft Home
  • 1-Story Property
  • Wired For Data
  • High Ceiling
  • Family Room Off Kitchen
  • Concrete Flooring
  • City Lights Views
  • Pest Guard System

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Electric Range
  • Free-Standing Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Low Flow Toliet
  • Soaking Tub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Accessible Home Design

  • Accessible Elevator Installed
  • Doors swing in

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Ductless Heating Or Cooling System
  • Air Source Heat Pump
  • 220 Volts
  • Central Water Heater
  • Sewer Paid
  • Cable TV Available

Additional Features

  • Roof Top Spa
  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 207305
  • Assessor Parcel Number 5149002188

Community Details

Overview

  • Master Insurance
  • 281 Units
  • Sb Grand Association, Phone Number (213) 891-1954
  • 1200 Management, Llc HOA
  • Maintained Community

Amenities

  • Trash Chute
  • Recreation Room

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,880

Year Built

Built in 1923

Lot Details

0

HOA Fees

$288 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: Appliances
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
  • Security: Fire Sprinkler System, Smoke Detector(s), Guarded
  • Subdivision Name Other: Not Applicable
  • View: Yes
  • Zoning: LAC5
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5149002188
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 670.00 Square Feet
  • Interior Amenities: Elevator, Wired for Data, Unfurnished, Trash Chute, Stone Counters, Copper Plumbing Full, Balcony, High Ceilings
  • Stories: 1
  • Entry Location: Front door
  • Common Walls: 2+ Common Walls
  • Flooring: Concrete
  • Accessibility Features: Accessible Elevator Installed, Doors - Swing In
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 656.72
  • Spa Features: Community, Roof Top
  • Bathroom Features: Low Flow Toilet(s), Bathtub, Soaking Tub, Exhaust Fan(s), Shower
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • View: City Lights
  • Fence: No
  • Pool Features: Community, Roof Top
  • Pool Private: Yes
  • Roof: Flat
  • Spa: Yes

Garage/Parking

  • Parking: No

Utilities

  • Utilities: Cable Available, Water Connected, Sewer Connected, Electricity Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Water Heater Central, Free-Standing Range
  • Electric: 220 Volts
  • Heating Type: Heat Pump, Ductless
  • Laundry Features: Electric Dryer Hookup, Stackable
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Heat Pump, Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Recreation Room, Insurance, Water, Trash, Spa/Hot Tub, Pool, Pets Permitted, Pest Control, Maintenance Grounds, Security
  • Association Fee: 288.49
  • Association Fee Frequency: Monthly
  • Association Name: SB Grand
  • Phone: 213-891-1954
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Urban
  • Association Management: 1200 Management, LLC

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size: 168 x 166
  • Lot Size Sq Ft: 27285.00
  • Lot Size Acres: 0.6264

Multi Family

  • Lease Considered: No
  • Lot Size Area: 27285.0000 Square Feet
  • Number Of Units In Community: 281

Tax Info

  • Tax Lot: 1
  • Tax Tract: 54120
  • Tax Tract Number: 207305

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2016
Sold by
Knowles Karimah
Bought by
Knowles Karimah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,914
Outstanding Balance
$256,441
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$226,743

Purchase Details

Closed on
Oct 7, 2005
Sold by
5Th St Loft Llc
Bought by
Malcolm Karimah Oni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,900
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
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
Interfamily Deed Transfer -- Title365
Interfamily Deed Transfer -- Title365
Grant Deed $400,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $318,914 New Conventional
Closed $80,000 Unknown
Closed $319,900 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 For Sale $499,000 +13.4% $745 / Sq Ft
05/20/2022 05/20/22 Sold $440,000 +3.6% $657 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
04/16/2022 04/16/22 For Sale $424,900 -- $634 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $5,880 $466,931 $137,957 $328,974
2024 $5,880 $457,776 $135,252 $322,524
2023 $5,752 $448,800 $132,600 $316,200
2022 $5,879 $475,000 $145,000 $330,000
2021 $5,905 $475,000 $145,000 $330,000
2019 $5,482 $441,000 $93,000 $348,000
2018 $5,282 $417,000 $87,900 $329,100
2016 $4,614 $367,000 $77,300 $289,700
2015 $4,188 $332,000 $69,900 $262,100
2014 $2,557 $190,000 $40,000 $150,000
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-9067

Pasadena-Foothills Association of REALTORS®

APN: 5149-002-188