NOT LISTED FOR SALE

Estimated Value: $314,000 - $370,843

1 Bed
1 Bath
500 Sq Ft
$279/mo HOA Fee

Last Sold June 06, 2024

Last sale price $315,000 $630 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,600/month

293 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Filtered Pool
  • Venice High School Rated A
  • 24-Hour Security
  • 27,285 Sq Ft lot

About This Home

As of June 2024

Introducing a modern, interior-facing gem in the heart of Los Angeles, the DTLA Historic Shybary Grand Lofts. This 9th floor loft offers a serene retreat in bustling downtown, overlooking the peaceful Pershing Square. With 12' ceilings, balcony, in-unit washer/dryer and a contemporary kitchen boasting sleek stainless appliances, this space is both stylish and functional. The open and airy living space, complete with A/C, provides the perfect setting for entertaining or unwinding. Designer chandeliers grace the living room, seperate bedroom, and bathroom, adding an elegant touch to the loft. Located in a prime downtown spot, this property is surrounded by exciting attractions such as the Farmers Market, Grand Central Market, trendy shops, restaurants, and bars. Whole Foods and Ralph's are just minutes away, ensuring convenience at your doorstep. The SB Grand building offers exceptional amenities, including 24-hour security/front desk concierge, a gym, and a rooftop pool/hot tub with panoramic views of the DTLA skyline. Stay connected with wired cable/Internet access. The low HOA fee of $279.09 makes this an even more enticing opportunity. Ideal for live/work urban lifestyles, the Metro is only a 3-minute walk, providing easy access to Santa Monica Beach, Hollywood, Universal, LAX, and soon Midtown/Beverly Hills. Valet and self parking are available for an additional monthly fee. Plus, this pet-friendly building welcomes your furry companions. Don't miss your chance to own this remarkable loft in the heart of downtown Los Angeles. Act fast and experience the vibrant city life coupled with a peaceful retreat in one of the most desirable locations. Airbnb permitted in building making it an even greater investment!

Last Agent to Sell the Property

Richard Schulman

Keller Williams Los Angeles License #01427211 Listed on: 07/18/2023

Keller Williams Los Angeles

Co-Listed By

Amanda Bernadyn

Real Broker License #02075760

Last Buyer's Agent

Stephanie Tourtellotte

STERNER HOMES License #01251193

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,955

Year Built

  • Built in 1923

Lot Details

  • 0.63

HOA Fees

  • $279 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Turnkey

Interior Spaces

  • 500 Sq Ft Home
  • High Ceiling
  • Concrete Flooring
  • Courtyard Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Living Room Balcony

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 5149-002-135

Community Details

Overview

  • Association fees include security
  • 250 Units
  • Association Phone (213) 891-1954
  • 12-Story Property

Amenities

  • Concierge
  • Sundeck
  • Elevator
  • Lobby
  • Reception Area

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,955

Year Built

Built in 1923

Lot Details

0

HOA Fees

$279 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: SB Grand Homeowners Association
  • Entry Floor: 9
  • Living Area: 500
  • Planned Urban Dev: 0
  • Stories: 12
  • Unit Floor In Building: 9
  • Year Built: 1923
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+), Turnkey, Living Room Balcony
  • Flooring: Cement
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit, Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 700.00

Exterior Features

  • Balcony: 1
  • Other Features: Balcony
  • Patio: Balcony, Living Room Balcony
  • Pool Description: Association Pool, Fenced, Filtered, Heated, Heated And Filtered
  • Pool: Yes
  • Spa: Hot Tub, Association Spa
  • Spa Yn: Yes
  • View: Courtyard
  • View: Yes

Utilities

  • Cooling: Air Conditioning, Electric, Wall Unit(s)
  • Heating: Electric, Wall
  • Security: 24 Hour, Community

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Concierge, Controlled Access, Elevator, Exercise Room, Fitness Center, Pool, Spa, Sun Deck
  • Pet Rules: Pets Permitted, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Security
  • High Rise: Entrance Lobby, Controlled Access, Reception Desk
  • HOA Fees: 279.09
  • Phone: 2138911954|
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5149-002-135
  • Lot Size Area: 27285

Multi Family

  • Number Of Units: 250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2023
Closed on
May 30, 2024
Sold by
Doyle Mandy
Bought by
Day Michael
Seller's Agent
Richard Schulman
Keller Williams Los Angeles
Buyer's Agent
Stephanie Tourtellotte
STERNER HOMES
List Price
$395,000
Sold Price
$315,000
Premium/Discount to List
-$80,000
-20.25%
Views
8314
Current Estimated Value
$342,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,461
Avg. Annual Appreciation
8.37%
Original Mortgage
$200,000
Outstanding Balance
$198,372
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$144,089

Purchase Details

Listed on
Oct 15, 2017
Closed on
Nov 14, 2017
Sold by
Montgomery Anna
Bought by
Doyle Mandy
Seller's Agent
Corey Chambers
Corey Chambers
Buyer's Agent
Richard Schulman
Keller Williams Los Angeles
List Price
$350,000
Sold Price
$348,000
Premium/Discount to List
-$2,000
-0.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.53%
Original Mortgage
$278,400
Interest Rate
5.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 19, 2015
Sold by
Montgomery Anna
Bought by
Montgomery Anna and The Anna Montgomery Revocable Living Tru

Purchase Details

Closed on
Jul 16, 2007
Sold by
5Th St Loft Llc
Bought by
Montgomery Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Day Michael $315,000 Monarch Title
Doyle Mandy $348,000 Fatco
Montgomery Anna -- None Available
Montgomery Anna $279,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Day Michael $200,000
Previous Owner Doyle Mandy $278,400
Previous Owner Montgomery Anna $223,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2024 06/06/24 Sold $315,000 -10.0% $630 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
10/04/2023 10/04/23 Price Changed $350,000 -4.1% $700 / Sq Ft
08/29/2023 08/29/23 Price Changed $365,000 -3.9% $730 / Sq Ft
08/13/2023 08/13/23 Price Changed $380,000 -3.8% $760 / Sq Ft
07/18/2023 07/18/23 For Sale $395,000 +13.5% $790 / Sq Ft
12/21/2017 12/21/17 Sold $348,000 0.0% $696 / Sq Ft
11/03/2017 11/03/17 Price Changed $348,000 -0.6% $696 / Sq Ft
10/15/2017 10/15/17 For Sale $350,000 -- $700 / 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
2024 $4,955 $388,195 $227,006 $161,189
2023 $4,849 $380,584 $222,555 $158,029
2022 $4,614 $373,123 $218,192 $154,931
2021 $4,548 $365,808 $213,914 $151,894
2019 $4,403 $354,960 $207,570 $147,390
2018 $4,391 $348,000 $203,500 $144,500
2017 $3,886 $315,757 $126,755 $189,002
2016 $3,478 $283,000 $56,600 $226,400
2015 $3,447 $281,000 $56,200 $224,800
2014 $1,935 $150,000 $30,000 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-223557

The MLS

APN: 5149-002-135