NOT LISTED FOR SALE

Estimated Value: $403,000 - $539,368

1 Bed
1 Bath
960 Sq Ft
$355/mo HOA Fee

Last Sold August 22, 2024

Last sale price $450,000 $469 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,470/month

22 Days on Market

Highlights

  • Fitness Center
  • 2-minute walk to Pershing Square Station
  • Cooling Available
  • Private Pool
  • 0.63 Acre Lot
  • 4-minute walk to Spring Street Park

About This Home

As of August 2024

Fully Remodeled 1 Bed 1 Bath Loft with a full balcony and vaulted ceilings in a vibrant neighborhood in the heart of Downtown.
Modern urban oasis in the bustling heart of Los Angeles. This chic one-bedroom, one-bathroom condo showcases an open-concept design with sleek floors and large windows that fill the space with natural light. A striking feature is the expansive ceiling-to-floor built-in bookcase to the left as you walk in. The contemporary kitchen features stainless steel appliances, granite countertops, and plenty of cabinet space. Spanning 960 square feet, this spacious loft provides a peaceful escape while you're inside with the option to soak in city life. Enjoy luxury amenities such as a rooftop pool and jacuzzi, fitness center and 24-hour concierge service. Just steps away from top-tier dining, shopping, and entertainment, this residence epitomizes the best of city living.

Last Agent to Sell the Property

Jason Joumblat

Beverly and Company, Inc. Brokerage Phone: 213-281-1011 License #01987328 Listed on: 06/11/2024

Beverly and Company, Inc.

Last Buyer's Agent

Claudia Macias

Elevate Real Estate Agency License #01220243

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,513

Year Built

  • Built in 1923

Lot Details

  • 0.63

HOA Fees

  • $355 Monthly HOA Fees

Home Design

  • 960 Sq Ft Home
  • Split Level Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Private Pool
  • Two or More Common Walls
  • Urban Location
  • Cooling Available
  • Property Views

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 54120
  • Assessor Parcel Number 5149002102
  • $479 per year additional tax assessments

Community Details

Overview

  • 280 Units
  • Sb Grand HOA, Phone Number (213) 891-1954
  • Sb Grand HOA

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Additional Features

  • Picnic Area
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,513

Year Built

Built in 1923

Lot Details

0

HOA Fees

$355 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: All appliances: Including Washer/Dryer, Portable AC, Fridge, Power Blinds in living room and bedroom
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAC5
  • Property Sub Type: Loft
  • Property Type: Residential
  • Parcel Number: 5149002102
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 960.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: Multi/Split
  • Price Per Square Foot: 468.75

Exterior Features

  • Pool Features: Private
  • Pool Private: Yes

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Picnic Area, Gym/Ex Room, Gas, Trash, Water, Controlled Access
  • Association Fee: 354.71
  • Association Fee Frequency: Monthly
  • Association Name: SB Grand HOA
  • Phone: 213-891-1954|
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: SB Grand

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 27293.00
  • Lot Size Acres: 0.6266

Multi Family

  • Lease Considered: No
  • Lot Size Area: 27293.0000 Square Feet
  • Number Of Units Total: 280

Tax Info

  • Tax Census Tract: 2073.05
  • Tax Lot: 1
  • Tax Tract Number: 54120
  • TaxOtherAnnualAssessmentAmount: 479.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Jul 15, 2024
Sold by
Chun Family Trust and Chun Stepano Y
Bought by
Castro James
Seller's Agent
Jason Joumblat
Beverly and Company, Inc.
Buyer's Agent
Claudia Macias
Elevate Real Estate Agency
List Price
$439,000
Sold Price
$450,000
Premium/Discount to List
$11,000
2.51%
Views
82
Current Estimated Value
$472,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,092
Avg. Annual Appreciation
4.91%
Original Mortgage
$210,000
Outstanding Balance
$207,821
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$264,271

Purchase Details

Listed on
Jun 11, 2024
Closed on
Jul 12, 2024
Sold by
Balanzategui-Castro Rosario
Bought by
Castro James
Seller's Agent
Jason Joumblat
Beverly and Company, Inc.
Buyer's Agent
Claudia Macias
Elevate Real Estate Agency
List Price
$439,000
Sold Price
$450,000
Premium/Discount to List
$11,000
2.51%
Views
82

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$207,821
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$264,271

Purchase Details

Closed on
Jan 22, 2019
Sold by
Chun Young Il and Chun Nancy Dokyong
Bought by
Chun Stepano Y and Chun Nancy D

Purchase Details

Closed on
Jan 29, 2015
Sold by
Pacific Management Partners Llc
Bought by
Chun Young Il and Chun Nancy Dokyong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,250
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2009
Sold by
Chan Kara
Bought by
Pacific Management Partners Llc

Purchase Details

Closed on
Dec 5, 2009
Sold by
Chan Kara and Huezo Edgar
Bought by
Chan Kara

Purchase Details

Closed on
Apr 20, 2006
Sold by
5Th St Loft Llc
Bought by
Chan Kara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
6.25%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Castro James $450,000 Chicago Title Company
Castro James -- Chicago Title Company
Chun Stepano Y -- None Available
Chun Young Il $425,000 Lawyers Title
Pacific Management Partners Llc $205,000 Orange Coast Title Company
Chan Kara -- None Available
Chan Kara $530,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro James $210,000
Previous Owner Chun Young Il $311,250
Previous Owner Pacific Management Partners Llc $200,000
Previous Owner Chan Kara $424,000
Previous Owner Chan Kara $106,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2024 08/22/24 Sold $450,000 +2.5% $469 / Sq Ft
07/03/2024 07/03/24 Pending -- -- --
06/11/2024 06/11/24 For Sale $439,000 -- $457 / 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 $6,513 $450,000 $315,000 $135,000
2024 $6,513 $500,763 $147,281 $353,482
2023 $6,367 $490,945 $144,394 $346,551
2022 $6,054 $481,319 $141,563 $339,756
2021 $5,963 $471,883 $138,788 $333,095
2019 $5,769 $457,888 $134,672 $323,216
2018 $5,749 $448,911 $132,032 $316,879
2016 $5,449 $431,481 $126,906 $304,575
2015 $2,919 $220,173 $177,213 $42,960
2014 $2,936 $215,861 $173,742 $42,119
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24114866

California Regional Multiple Listing Service (CRMLS)

APN: 5149-002-102