NOT LISTED FOR SALE

Estimated Value: $295,000 - $388,000

1 Bed
1 Bath
660 Sq Ft
0.63 Acre Lot

Sale Details

Date Sold: May 13, 2024

Last sale price $375,000 $568 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,595 / mo

35 Days on Market

Highlights

  • Heated Roof Top Pool
  • 24-Hour Security
  • 0.63 Acre Lot
  • Fitness Center
  • City Lights View
  • 5-minute walk to Spring Street Park

About This Home

As of May 2024

Loft style, 1/ bedroom, 1/bath condominium for sale in the Shybary Grand building in the heart of Downtown LA. East facing unit, located at the corner of Broadway and West 5th. Features: nice open floor plan, with concrete floors, higher ceilings and large windows that bring in plenty of natural light. The kitchen has beautiful maple cabinets, granite counter tops, with a breakfast bar and stainless steel appliances, including an electric range, built-in microwave, dishwasher and refrigerator. Cozy Living and dining area with room to entertain. The bedroom is privately situated behind the kitchen. Includes stacked washer/dryer conveniently located in the unit. The property is fully furnished. Drapery, rugs and all furniture negotiable if needed. The property has a Trane A/C system and heat. Great amenities with 24/hour security, elevators and gym. The rooftop lounge area is a bonus with swimming pool, jacuzzi and gorgeous panoramic views of Downtown LA. The building is conveniently close to the Metro station, Grand Market, Ralph's, Whole Foods, restaurants, jewelry district, Metro red line,110 and 101 freeways. Not far from UCLA Downtown Campus, Staples and LA Arts District. Onsite parking is available with a monthly charge. Pet friendly building and the H.O.A. allows Airbnb and short-term rentals.

Last Agent to Sell the Property

Margo Begey

LRS Realty & Management Inc. Brokerage Phone: 818-231-9811 License #01709588 Listed on: 03/07/2024

Last Buyer's Agent

Miguel Marte

Beverly and Company, Inc. License #02072437

Beverly and Company, Inc.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1923

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $316 Monthly HOA Fees

Home Design

  • Entry on the 9th floor

Interior Spaces

  • 660 Sq Ft Home
  • Open Floorplan
  • Furnished
  • High Ceiling
  • Entryway
  • Combination Dining and Living Room
  • Loft
  • Storage
  • Concrete Flooring
  • City Lights Views
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Pool

  • Heated Roof Top Pool
  • Heated Spa
  • Fence Around Pool

Location

  • Urban Location

Utilities

  • Cooling Available
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 54120
  • Assessor Parcel Number 5149002127
  • $364 per year additional tax assessments

Community Details

Overview

  • 281 Units
  • Shybary Grand HOA, Phone Number (213) 891-1954
  • Shybary Grand Inc. HOA
  • Maintained Community
  • 10-Story Property

Amenities

  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1923

Lot Details

0.63 Acres

HOA Fees

$316 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: 24 Hour Security, Security System, Smoke Detector(s)
  • View: Yes
  • Zoning: LAC5
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5149002127
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 660.00 Square Feet
  • Interior Amenities: Furnished, Granite Counters, High Ceilings, Open Floorplan, Storage
  • Stories: 10
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Concrete
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area, Breakfast Counter / Bar, In Living Room
  • Entry Level: 9
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 568.18
  • Room Type: Entry, Kitchen, Living Room, Loft, Main Floor Bedroom
  • Spa Features: Association, Heated
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: City Lights
  • Pool Features: Association, Fenced, Heated, Roof Top
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Heating Type: Electric
  • Laundry Features: Electric Dryer Hookup, Inside, Stackable, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Gym/Ex Room, Maintenance Grounds, Trash, Sewer, Water, Pet Rules, Pets Permitted, Management, Guard, Security, Controlled Access
  • Association Fee: 316.41
  • Association Fee Frequency: Monthly
  • Association Name: Shybary Grand HOA
  • Phone: 213 891-1954
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: Shybary Grand Inc.

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 27293.00
  • Lot Size Acres: 0.6266
  • Latitude Manual: 34.04798300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 27293.0000 Square Feet
  • Number Of Units In Community: 281
  • Number Of Units Total: 281

Tax Info

  • Tax Census Tract: 2073.05
  • Tax Lot: 1
  • Tax Tract Number: 54120
  • TaxOtherAnnualAssessmentAmount: 364.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
May 6, 2024
Sold by
Benjamin Sassoon and Benjamin Yelena Orel
Bought by
Seller's Agent
Margo Begey
LRS Realty & Management Inc.
Buyer's Agent
Miguel Marte
Beverly and Company, Inc.
List Price
$421,000
Sold Price
$375,000
Premium/Discount to List
-$46,000
-10.93%
Views
86
Current Estimated Value
$351,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,461
Avg. Annual Appreciation
-2.77%

Purchase Details

Closed on
Mar 22, 2011
Sold by
R & J Sassoon Partnership
Bought by
Sassoon Benjamin

Purchase Details

Closed on
Mar 25, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
R & J Sassoon Partnership

Purchase Details

Closed on
Jun 4, 2008
Sold by
Lee Eun Young
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 27, 2007
Sold by
5Th St Loft Llc
Bought by
Lee Eun Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,900
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Downtown LA, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$375,000 California Title Company
Sassoon Benjamin $156,000 None Available
Sassoon Benjamin -- None Available
R & J Sassoon Partnership $158,500 Ticor Title Redlands
Federal Home Loan Mortgage Corporation $204,939 Accommodation
Lee Eun Young $479,000 Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $47,900
Previous Owner Lee Eun Young $383,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/13/2024 05/13/24 Sold $375,000 -3.0% $568 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
04/05/2024 04/05/24 Price Changed $386,500 -3.1% $586 / Sq Ft
03/17/2024 03/17/24 Price Changed $399,000 -5.2% $605 / Sq Ft
03/07/2024 03/07/24 For Sale $421,000 -- $638 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,960 $390,150 $273,105 $117,045
2025 $4,960 $382,500 $267,750 $114,750
2024 $2,727 $195,374 $82,332 $113,042
2023 $2,662 $191,544 $80,718 $110,826
2022 $2,527 $187,789 $79,136 $108,653
2021 $2,482 $184,108 $77,585 $106,523
2020 $2,498 $182,221 $76,790 $105,431
2019 $2,398 $178,649 $75,285 $103,364
2018 $2,386 $175,147 $73,809 $101,338
2016 $2,243 $168,347 $70,944 $97,403
2015 $2,204 $165,819 $69,879 $95,940
2014 $2,220 $162,572 $68,511 $94,061
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24046683

California Regional Multiple Listing Service (CRMLS)

APN: 5149-002-127

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