NOT LISTED FOR SALE

SB Grand 312 W 5th St Unit 505 Los Angeles, CA 90013

Venice Neighborhood

Estimated Value: $393,000 - $473,000

1 Bed
1 Bath
705 Sq Ft
$265/mo HOA Fee

Last Sold December 16, 2014

Last sale price $360,000 $511 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,171/month

13 Days on Market

Highlights

  • Roof Top Pool
  • City Lights View
  • Loft
  • Venice High School Rated A
  • 0.63 Acre Lot
  • Central Air

About This Home

As of December 2014

Spacious unit with best view in building facing Pershing Square and Downtown skyline!!! Completely redone with new hardwood floors, living room chandelier, premium fixtures and finishes in kitchen and throughout. Large windows let in a ton of light. High Ceilings contribute to the NY loft feel. All stainless steel kitchen appliances. Large bathroom boasts oversized soaking tub, shower, built-in washer/dryer, vanity cabinet and recess lighting. The building is located across from Pershing Square, with spectacular panoramic views of skyscrapers. Steps from the Metro, Spring St, 7th St Restaurant Row. Walk to Grand Park, Ralphs, Staples/LA Live, 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. Onsite parking in building garage available for $200/month/space. 5% DOWN FINANCING AVAILABLE

Last Agent to Sell the Property

Rommy Shy

Rommy Shy License #01874848 Listed on: 10/05/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,477

Year Built

  • Built in 1923

Lot Details

  • 0.63

HOA Fees

  • $265 Monthly HOA Fees

Home Design

  • Planned Development

Interior Spaces

  • 705 Sq Ft Home
  • Loft
  • City Lights Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Sewer Paid

Additional Features

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

Listing and Financial Details

  • Tax Lot 5149
  • Tax Tract Number 2015
  • Assessor Parcel Number 5149002015

Community Details

Overview

  • 280 Units

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,477

Year Built

Built in 1923

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5149002015
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 705.00
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Price Per Square Foot: 510.64
  • Room Type: Loft

Exterior Features

  • View: City Lights
  • Pool Features: Association, Roof Top
  • Pool Private: Yes

Utilities

  • Utilities: Sewer Available
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 265.00
  • 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: 002015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2021
Sold by
Melgun Tom
Bought by
Melgun Thomas R
Current Estimated Value
$439,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,500
Outstanding Balance
$235,451
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$216,754

Purchase Details

Listed on
Oct 5, 2014
Closed on
Dec 11, 2014
Sold by
Grewal Isvinder Singh
Bought by
Meigun Tom
Seller's Agent
Rommy Shy
Rommy Shy
List Price
$360,000
Sold Price
$360,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.19%
Original Mortgage
$288,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2007
Sold by
Grewal Anne Marie Ruff
Bought by
Grewal Isvinder Singh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,200
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2007
Sold by
Justin Investments Llc
Bought by
Grewal Isvinder Singh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,200
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2007
Sold by
Guardado David
Bought by
Justin Investment

Purchase Details

Closed on
Oct 18, 2005
Sold by
5Th St Loft Llc
Bought by
Guardado David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,920
Interest Rate
7.99%
Mortgage Type
Balloon
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
Melgun Thomas R -- Avenue 365 Lender Svcs Llc
Meigun Tom $360,000 Provident Title
Grewal Isvinder Singh -- Provident Title Company
Grewal Isvinder Singh $339,000 Provident Title Company
Justin Investment $295,505 None Available
Guardado David $485,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melgun Thomas R $254,500
Closed Melgun Tom $280,500
Closed Meigun Tom $288,000
Previous Owner Grewal Isvinder Singh $271,200
Previous Owner Guardado David $387,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2014 12/16/14 Sold $360,000 0.0% $511 / Sq Ft
10/18/2014 10/18/14 Pending -- -- --
10/05/2014 10/05/14 For Sale $360,000 -- $511 / 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
2024 $5,477 $424,173 $247,436 $176,737
2023 $5,357 $415,857 $242,585 $173,272
2022 $5,095 $407,704 $237,829 $169,875
2021 $5,020 $399,711 $233,166 $166,545
2019 $4,858 $387,857 $226,251 $161,606
2018 $4,843 $380,253 $221,815 $158,438
2016 $4,596 $365,489 $213,202 $152,287
2015 $4,522 $360,000 $210,000 $150,000
2014 $2,557 $190,000 $40,000 $150,000
Source: Public Records

Agents Affiliated with this Home

  • Rommy Shy

    Seller's Agent in 2014

    Rommy Shy

    Rommy Shy

    (818) 274-2655

    12 in this area

    24 Total Sales

    Rommy Shy
    Section Image
See All Agents

About SB Grand

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14213943

California Regional Multiple Listing Service (CRMLS)

APN: 5149-002-015

California Los Angeles County Los Angeles 90013 Venice

312 W 5th St Unit 505, Los Angeles, CA

This home is located at 312 W 5th St Unit 505, Los Angeles, CA 90013 since 05 October 2014 and is currently estimated at $439,693, approximately $623 per square foot. This property was built in 1923. 312 W 5th St Unit 505 is a home located in Los Angeles County with nearby schools including Westminster Avenue Elementary School, Mark Twain Middle School, and Venice High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes