NOT LISTED FOR SALE

Estimated Value: $418,000 - $492,000

1 Bed
1 Bath
720 Sq Ft
$723/mo HOA Fee

Last Sold March 17, 2022

Last sale price $421,000 $585 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,608/month

10 Days on Market

Highlights

  • City Lights View
  • Wood Flooring
  • Community Pool
  • 1.72 Acre Lot
  • Loft
  • 2-minute walk to Grand Hope Park

About This Home

As of March 2022

PRICE TO SALE!!! Market loft is located at heart of downtown LA, easy access to Ralph, Whole Foods, L.A live, variety of restaurants, retail shopping and entertainments. This units come with stainless appliances , central A/C and heater, new washer/dryer and city light view. Amenities includes BBQ , pool, spa, movie theater, gym and club house. In-building parking with extra large space to accommodate larger vehicle.

Last Agent to Sell the Property

Johans Lin

Johans Lin, Broker License #01494840 Listed on: 02/01/2022

Last Buyer's Agent

Johans Lin

Johans Lin, Broker License #01494840 Listed on: 02/01/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,445

Year Built

  • Built in 2006

Lot Details

  • 1.72

HOA Fees

  • $723 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 720 Sq Ft Home
  • Electric Fireplace
  • Loft
  • Wood Flooring
  • City Lights Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Utility Sink

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Additional Features

  • Exterior Lighting
  • 1 Common Wall
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 53965
  • Assessor Parcel Number 5144028003

Community Details

Overview

  • 40 Units
  • Market Loft Association, Phone Number (213) 327-0562

Amenities

  • Community Barbecue Grill

Recreation

  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,445

Year Built

Built in 2006

Lot Details

0

HOA Fees

$723 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAC2
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5144028003
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 720.00 Square Feet
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area
  • Fireplace Features: Electric
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 584.72
  • Room Type: Loft
  • Room Kitchen Features: Utility Sink

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Trash
  • Association Fee: 723.00
  • Association Fee Frequency: Monthly
  • Association Name: Market Loft
  • Phone: 213-327-0562
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: Market loft

Schools

  • School District: ABC Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 74720.00
  • Lot Size Acres: 1.7153
  • Latitude Manual: 34.04556400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 74720.0000 Square Feet
  • Number Of Units In Community: 40
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2077.10
  • Tax Lot: 2
  • Tax Tract Number: 53965

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2022
Closed on
Mar 11, 2022
Sold by
Kai Chang Wei
Bought by
Kim Felicia Juna
Seller's Agent
Johans Lin
Johans Lin, Broker
Buyer's Agent
Johans Lin
Johans Lin, Broker
List Price
$450,000
Sold Price
$421,000
Premium/Discount to List
-$29,000
-6.44%
Total Days on Market
10
Current Estimated Value
$458,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,047
Avg. Annual Appreciation
2.57%
Original Mortgage
$250,000
Outstanding Balance
$235,491
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$221,210

Purchase Details

Listed on
May 27, 2014
Closed on
Aug 13, 2014
Sold by
Kim Jinhwan
Bought by
Chang Wei Kai
Seller's Agent
Peter Oh
Keller Williams Larchmont
Buyer's Agent
Johans Lin
List Price
$459,950
Sold Price
$442,000
Premium/Discount to List
-$17,950
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.64%
Original Mortgage
$140,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 13, 2008
Sold by
9Th Street Market Lofts Llc
Bought by
Kim Jinhwan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Kim Felicia Juna $421,000 Lawyers Title
Chang Wei Kai $442,000 Ticor Title Co
Kim Jinhwan $420,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Felicia Juna $250,000
Previous Owner Chang Wei Kai $82,400
Previous Owner Chang Wei Kai $146,000
Previous Owner Chang Wei Kai $140,000
Previous Owner Kim Jinhwan $336,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2022 03/17/22 Sold $421,000 -6.4% $585 / Sq Ft
02/11/2022 02/11/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $450,000 0.0% $625 / Sq Ft
08/01/2019 08/01/19 Rented $2,150 0.0% --
07/19/2019 07/19/19 Price Changed $2,150 -4.4% $3 / Sq Ft
05/21/2019 05/21/19 Price Changed $2,250 -2.2% $3 / Sq Ft
04/10/2019 04/10/19 For Rent $2,300 +9.5% --
03/22/2017 03/22/17 Rented $2,100 -4.5% --
01/01/2017 01/01/17 For Rent $2,200 +4.8% --
11/18/2015 11/18/15 Rented $2,100 -4.5% --
08/24/2015 08/24/15 For Rent $2,200 0.0% --
08/19/2014 08/19/14 Sold $442,000 -3.9% $614 / Sq Ft
07/18/2014 07/18/14 For Sale $459,950 0.0% $639 / Sq Ft
06/17/2014 06/17/14 Pending -- -- --
06/08/2014 06/08/14 Pending -- -- --
05/27/2014 05/27/14 For Sale $459,950 -- $639 / Sq Ft
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
2024 $5,445 $438,008 $84,272 $353,736
2023 $5,339 $429,420 $82,620 $346,800
2022 $6,019 $500,572 $67,949 $432,623
2021 $5,940 $490,758 $66,617 $424,141
2019 $5,760 $476,203 $64,642 $411,561
2018 $5,750 $466,867 $63,375 $403,492
2016 $5,500 $448,740 $60,915 $387,825
2015 $5,414 $442,000 $60,000 $382,000
2014 $4,496 $356,000 $107,000 $249,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS22020305

California Regional Multiple Listing Service (CRMLS)

APN: 5144-028-003