NOT LISTED FOR SALE

Estimated Value: $694,000 - $798,000

2 Beds
2 Baths
1,181 Sq Ft
$535/mo HOA Fee

Last Sold March 12, 2021

Last sale price $760,000 $644 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,254/month

4 Days on Market

Highlights

  • Concierge
  • 24-Hour Security
  • City Lights View
  • Fitness Center
  • In Ground Pool
  • 1-minute walk to South Park Commons

About This Home

As of March 2021

Grand Lofts unit 708. Architecturally unique and located on the Penthouse level. Soaring ceiling heights, exposed ac ducting, and an abundance of floor to ceiling windows and light will greet you at the front entry. Additional features include, two full-size bathrooms, a master walk-in closet, a spacious modern kitchen, and a North facing balcony. Grand Lofts is a seven-story adaptive reuse project boasting sixty-six work-live lofts. Located in the vibrant neighborhood of South Park, home to LA Live and Staples Center. Residents of Grand Lofts have access to modern day amenities and side by side covered parking at Aven. Amenities include a 3-lane lap pool with cabanas, beach volleyball court, basketball half-court, fitness center, multiple BBQ areas, game room, and pet care stations. The unit is currently an open loft style floor plan. Sample renderings to give ideas on unit transformation are provided at the end of the photo gallery. Similar concepts have been approved in the bldg.

Last Agent to Sell the Property

Greg Stangl

The Agency License #01440433 Listed on: 02/01/2021

The Agency

Co-Listed By

Arrington Williams

The Agency License #01986804

Last Buyer's Agent

Randy Miller

EXP REALTY OF CALIFORNIA INC. License #01992367

EXP REALTY OF CALIFORNIA INC.

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2005

Lot Details

  • 0.42

HOA Fees

  • $535 Monthly HOA Fees

Home Design

  • Entry on the 7th floor

Interior Spaces

  • 1,181 Sq Ft Home
  • Living Room
  • Dining Area
  • Loft
  • City Lights Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Controlled Entrance

Outdoor Features

  • In Ground Pool
  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5139-020-092

Community Details

Overview

  • 66 Units
  • Maintained Community
  • 7-Story Property

Amenities

  • Concierge
  • Sundeck
  • Community Fire Pit
  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Meeting Room
  • Elevator

Recreation

  • Community Basketball Court
  • Sport Court
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2005

Lot Details

0

HOA Fees

$535 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: Grand Lofts Community Association
  • Entry Floor: 7
  • Living Area: 1181
  • Lot Acreage: 0.4240
  • Planned Urban Dev: 0
  • Stories: 7
  • Year Built: 2005
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 651.14

Exterior Features

  • Balcony: Yes
  • Exposure: North
  • Pool Description: Association Pool, Community
  • Pool: Yes
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage, Controlled Entrance, Covered Parking
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Fire Sprinklers, Smoke Detector

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Basketball Court, Clubhouse, Concierge, Conference, Controlled Access, Elevator, Exercise Room, Fire Pit, Pool, Sauna, Security, Spa, Sport Court, Sun Deck
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 535.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5139-020-092
  • Lot Size Area: 18467

Multi Family

  • Number Of Units: 66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2024
Sold by
Mcguire Marco Anthony
Bought by
Mcguire Family Trust and Mcguire
Current Estimated Value
$732,753

Purchase Details

Closed on
Sep 15, 2005
Sold by
Grand Avenue Lofts Llc
Bought by
Berke Robb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,200
Interest Rate
1.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mcguire Family Trust -- None Listed On Document
Berke Robb $609,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berke Robb $487,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2021 03/12/21 Sold $760,000 -1.2% $644 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $769,000 -- $651 / 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
2025 $10,554 $822,646 $248,958 $573,688
2024 $10,414 $806,517 $244,077 $562,440
2023 $10,197 $790,704 $239,292 $551,412
2022 $9,718 $775,200 $234,600 $540,600
2021 $9,608 $768,858 $191,894 $576,964
2020 $9,690 $760,975 $189,927 $571,048
2019 $9,317 $746,054 $186,203 $559,851
2018 $9,238 $731,426 $182,552 $548,874
2016 $7,642 $603,000 $419,000 $184,000
2015 $6,891 $540,000 $375,000 $165,000
2014 $6,420 $490,000 $340,000 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-686384

The MLS

APN: 5139-020-092