NOT LISTED FOR SALE

Estimated Value: $757,000 - $826,116

1 Bed
1 Bath
903 Sq Ft
$782/mo HOA Fee

Last Sold March 17, 2023

Last sale price $850,000 $941 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,837/month

Highlights

  • Fitness Center
  • 5-minute walk to Pershing Square Station
  • End Unit
  • New Construction
  • City Lights View
  • 2-minute walk to Spring Street Park

About This Home

As of July 2023

Welcome to this magnificent end unit located at the 20th floor of brand new PERLA luxury condo in the heart of DTLA. The PERLA building was designed to allow its residents enjoy life more easily. Located conveniently close to all the dinning, shopping and entertainment including the Grand Central Market and Disney Hall. Upon entering the lobby area, you and your guest will be greeted with 24 hour receptionist while your eyes explore the spacious waiting area with comfortable European style setting & furnishings. The amazing luxury amenities include rooftop terrace with 360 degree views, fitness center, private theater, private dining room, wine tasting room, entertainment room, outdoor BBQ, outdoor swimming pool, hot tub, Dog Park, pet spa, and outdoor BBQ areas. This unit features approx. 903 sqft of open living spaces with large living area overlooking the downtown skyline, large bedroom with walk-in closet, full bathroom, open kitchen & dining area with stone counter-top and brand new appliances. Must come to appreciate!

Last Agent to Rent the Property

Frances Sheng

Treelane Realty Group Inc. License #02013944 Listed on: 06/20/2023

Last Renter's Agent

Vincent Bouvier

Douglas Elliman License #02062764

Douglas Elliman

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,919

Year Built

  • Built in 2021 | New Construction

Lot Details

  • End Unit
  • Two or More Common Walls

HOA Fees

  • $782 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Parking Lot
  • Assigned Parking

Home Design

  • Entry on the 20th floor

Interior Spaces

  • 903 Sq Ft Home
  • Living Room
  • City Lights Views

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Urban Location
  • Central Air

Listing and Financial Details

  • Security Deposit $3,400
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 4/16/23
  • Tax Lot 1
  • Tax Tract Number 72418

Community Details

Overview

  • $250 HOA Transfer Fee
  • 150 Units
  • Action Property Management Association, Phone Number (213) 622-0993
  • Action Property Mangement HOA
  • 35-Story Property

Amenities

  • Community Barbecue Grill

Recreation

  • Community Spa
  • Dog Park

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $350

Condo Details

Home Type

Condominium

Est. Annual Taxes

$10,919

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$782 per month

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Available Date: 2023-04-16
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Pets: 350
  • Deposit Security: 3400
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fees: 250.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAC4
  • New Construction: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Year Built: 2021
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 903.00 Square Feet
  • Stories: 35
  • Entry Location: Broadway
  • Common Walls: 2+ Common Walls, End Unit
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Breakfast Counter / Bar
  • Entry Level: 20
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.77
  • Room Type: Living Room, Master Bedroom, Walk-In Closet

Exterior Features

  • View: City Lights
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Parking Space
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Disposal, Gas Cooktop, Microwave, Range Hood, Refrigerator
  • Laundry Features: Dryer Included, In Closet, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Dog Park, Gym/Ex Room
  • Association Fee: 782.00
  • Association Fee Frequency: Monthly
  • Association Name: Action Property Management
  • Phone: 213-622-0993
  • Senior Community: No
  • Community Features: Urban
  • Association Management: Action Property Mangement

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Number Of Units In Community: 150
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 2073.01
  • Tax Lot: 1
  • Tax Tract Number: 72418

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2023
Closed on
Feb 28, 2023
Sold by
Tan Yanting
Bought by
Ming Pin Holding Inc
Seller's Agent
Frances Sheng
Treelane Realty Group Inc.
Buyer's Agent
Frances Sheng
Treelane Realty Group Inc.
Sold Price
$850,000
Current Estimated Value
$790,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,721
Avg. Annual Appreciation
-2.75%
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
Ming Pin Holding Inc $850,000 Wfg National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/14/2023 07/14/23 Rented $3,400 0.0% --
07/10/2023 07/10/23 Under Contract -- -- --
06/20/2023 06/20/23 For Rent $3,400 0.0% --
03/17/2023 03/17/23 Sold $850,000 -- $941 / Sq Ft View Prior Sale
02/12/2023 02/12/23 Pending -- -- --
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 $10,919 $884,340 $176,868 $707,472
2024 $10,919 $867,000 $173,400 $693,600
2023 $10,011 $800,067 $160,221 $639,846
2022 $9,515 $784,380 $157,080 $627,300
2021 $4,863 $383,674 $90,638 $293,036
2020 $4,898 $379,741 $89,709 $290,032
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR23105770

California Regional Multiple Listing Service (CRMLS)

APN: 5149-004-111