530 W 7th St Unit 703 Los Angeles, CA 90014
Downtown LA NeighborhoodEstimated Value: $70,874,712
--
Bed
1
Bath
986
Sq Ft
$71,881/Sq Ft
Est. Value
About This Home
This home is located at 530 W 7th St Unit 703, Los Angeles, CA 90014 and is currently estimated at $70,874,712, approximately $71,881 per square foot. 530 W 7th St Unit 703 is a home located in Los Angeles County with nearby schools including Para Los Niños Charter Middle School, John H. Liechty Middle School, and Academic Leadership Community Miguel Contreras Learning Complex.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 29, 2018
Sold by
Simpson Brockman Lp
Bought by
Trea Sh Brockman Ll
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Outstanding Balance
$216,271
Interest Rate
4.8%
Mortgage Type
Commercial
Estimated Equity
$70,457,209
Purchase Details
Closed on
Mar 21, 2012
Sold by
Wickliffe A Corp
Bought by
Simpson Brockman Lp
Purchase Details
Closed on
Jan 3, 2011
Sold by
Brockman Building Lofts Llc
Bought by
Wickliffe
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Trea Sh Brockman Ll | $49,071,000 | Chicago Title Company | |
Simpson Brockman Lp | $38,750,387 | Chicago Title Company | |
Wickliffe | $11,000,000 | Fidelity National Title |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Trea Sh Brockman Ll | $245,000 | |
Previous Owner | Simpson Brockman Lp | $200,000,000 | |
Previous Owner | Brockman Building Lofts Llc | $24,000,000 | |
Previous Owner | Brockman Building Lofts Llc | $15,760 | |
Previous Owner | Brockman Building Lofts Llc | $4,885,000 |
Source: Public Records
Tax History Compared to Growth
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 | $675,942 | $54,738,516 | $14,390,194 | $40,348,322 |
2024 | $675,942 | $53,665,213 | $14,108,034 | $39,557,179 |
2023 | $661,890 | $52,612,955 | $13,831,406 | $38,781,549 |
2022 | $630,806 | $51,581,329 | $13,560,202 | $38,021,127 |
2021 | $622,021 | $50,569,931 | $13,294,316 | $37,275,615 |
2020 | $627,566 | $50,262,558 | $13,158,000 | $37,104,558 |
2019 | $603,403 | $49,311,022 | $12,900,000 | $36,411,022 |
2018 | $538,852 | $43,041,410 | $9,935,160 | $33,106,250 |
2016 | $515,335 | $41,115,327 | $9,549,366 | $31,565,961 |
2015 | $507,804 | $40,497,737 | $9,405,926 | $31,091,811 |
2014 | $509,960 | $39,704,443 | $9,221,677 | $30,482,766 |
Source: Public Records
Map
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