$348,000
SOLD DEC 21, 2017
1 Bed
1 Bath
500 Sq Ft
$220/mo HOA Fee

Recently Sold

$696 Per Sq Ft

1% Below List Price

25 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

Modern open loft with fantastic urban industrial character on Broadway in the Historic Core. Private balcony facing community courtyard. Shaded and quiet. Modern kitchen with stainless steel appliances. Tinted polished concrete floors. Washer and dryer in unit. Large soaking bath tub. Open and airy living space with A/C cooling and heating. Excellent downtown location near Farmers Market, Grand Central market. Minutes to Whole Foods, Ralph's and great shopping and dining. The SB Grand building features 24-hr security front desk concierge, fitness room, rooftop pool deck, hot tub with panoramic views of the Downtown Los Angeles skyline. Wired for cable and Internet. Low HOA dues. Pets okay. Great for Downtown live/work! The complex has valet parking available. By Metro station, Pershing Square concerts in Summer and ice skating Winter. Stroll thrugh the renaissance of Broadway, with coming street car as part of the Bringing Back Broadway project.

Last Agent to Sell the Property

Corey Chambers

Corey Chambers License #01889449 Listed on: 10/15/2017

Last Buyer's Agent

Richard Schulman

Keller Williams Los Angeles License #01427211

Keller Williams Los Angeles

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,955

Year Built

  • Built in 1923

HOA Fees

  • $220 Monthly HOA Fees

Interior Spaces

  • 500 Sq Ft Home
  • Living Room
  • Dining Area
  • Concrete Flooring
  • Courtyard Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

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

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

  • 260 Units
  • 12-Story Property

Amenities

  • Concierge
  • Sundeck
  • Elevator

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

$220 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • 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: 18
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • 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
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 696.00

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Association Pool, Fenced, Filtered, Heated, Heated And Filtered
  • Pool: 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: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 220.00
  • HOA: Yes

Lot Info

  • Special Zoning: Seismic Hazard
  • Assessor Parcel Number: 5149-002-135
  • Geocode Override: No
  • Lot Size Area: 27285

Multi Family

  • Number Of Units: 260

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 Type Sale Price Title Company
Grant Deed $315,000 Monarch Title
Grant Deed $348,000 Fatco
Interfamily Deed Transfer -- None Available
Grant Deed $279,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Previous Owner $278,400 Adjustable Rate Mortgage/ARM
Previous Owner $223,200 Purchase Money Mortgage
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: 17-280502

The MLS

APN: 5149-002-135