$396,000
$34K PRICE DROP

Estimated payment $3,785/month

Total Views 4,633
1 Bed
1 Bath
853 Sq Ft
$464 Price per Sq Ft

Highlights

  • Concierge
  • 24-Hour Security
  • City View
  • Fitness Center
  • In Ground Pool
  • 5-minute walk to Grand Park

About This Home

Welcome to this beautifully updated 1-bedroom, 1-bathroom condo spanning 853 sqft in the prestigious Promenade Building, located on the 4th floor. This bright and airy unit features fresh interior paint throughout most of the home, enhancing its modern appeal. The open living area boasts elegant flooring, smooth ceilings, and custom crown molding, creating a sophisticated yet inviting atmosphere. The spacious bedroom offers ample closet space and a serene retreat, while the bathroom showcases tasteful tilework and a sleek modern vanity with a stylish sink. Standout feature is the enclosed patio, thoughtfully transformed into a private study or reading nook, perfect for enjoying the lush green views. The well-appointed kitchen includes a refrigerator, ample counter space, and cabinetry, seamlessly connecting to the living area for easy entertaining. Residents of the Promenade enjoy unparalleled amenities, including a pool, spa, fitness center, sauna, 24/7 security, concierge services, on-site management, fiber internet, and generous guest parking. With one assigned parking space included( #144), convenience is at your fingertips. Perfectly situated across from the Disney Concert Hall, this condo is near by cultural landmarks like The Broad, MOCA, Dorothy Chandler Pavilion, and Ahmanson Theater. Enjoy top dining, Grand Central Market, and easy access to Dodger Stadium, Crypto Arena, major freeways, and the Bunker Hill metro station. Experience luxury living in the heart of Downtown LA! Home is virtually staged.

Listing Agent

Chih Hua Kuo

eXp Realty of California Inc License #02019469 Listed on: 08/12/2025

eXp Realty of California Inc

Co-Listing Agent

Lulu Knowlton

eXp Realty of California Inc License #01950225

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1980

HOA Fees

  • $1,128 Monthly HOA Fees

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 853 Sq Ft Home
  • 1-Story Property
  • Living Room
  • City Views

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Guest Parking
  • Parking Garage Space

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5151-002-127

Community Details

Overview

  • 140 Units

Amenities

  • Concierge
  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,128 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Beautifully remodeled unit in the prestigious Promenade Building! Features include fresh paint, brand-new refrigerator, new bedroom carpet, custom window shades, elegant flooring, crown molding, and designer lighting. Spacious bedroom with ample closets, updated bath with stylish tile and vessel sink. Private balcony offers serene green views, perfect as a reading nook or study. Prime location across from Disney Concert Hall, near The Broad, MOCA, Downtown shops, and the future Grand Ave Metro. Enjoy resort-style amenitiespool, gym, spa, 24/7 security, on-site management, and free guest parking.
  • Complex Name: The Promenade Owners Association
  • Entry Floor: 4
  • Living Area: 853
  • Lot Acreage: 1.5429
  • Planned Urban Dev: 0
  • Year Built: 1980
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Equipment: Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 464.24

Exterior Features

  • Pool Description: Community
  • Pool: Yes
  • Spa: Hot Tub, Community
  • Spa Yn: Yes
  • View: City
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Community Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Concierge, Elevator, Security, Pool, Guest Parking, Fitness Center
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 1128.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5151-002-127
  • Lot Size Area: 67210

Multi Family

  • Number Of Units: 140

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $6,890 $568,215 $359,397 $208,818
2024 $6,890 $557,074 $352,350 $204,724
2023 $6,756 $546,152 $345,442 $200,710
2022 $6,442 $535,444 $338,669 $196,775
2021 $6,357 $524,946 $332,029 $192,917
2019 $6,166 $509,378 $322,182 $187,196
2018 $6,156 $499,391 $315,865 $183,526
2016 $5,141 $424,374 $245,995 $178,379
2015 $4,257 $350,414 $185,248 $165,166
2014 $4,292 $343,551 $181,620 $161,931
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2025 11/22/25 Price Changed $396,000 -4.6% $464 / Sq Ft
09/29/2025 09/29/25 Price Changed $415,000 -3.5% $487 / Sq Ft
08/12/2025 08/12/25 For Sale $429,999 -10.4% $504 / Sq Ft
05/13/2016 05/13/16 Sold $480,000 -3.0% $563 / Sq Ft View Prior Sale
03/23/2016 03/23/16 For Sale $495,000 +18.4% $580 / Sq Ft
04/10/2015 04/10/15 Sold $418,000 0.0% $490 / Sq Ft View Prior Sale
02/24/2015 02/24/15 Pending -- -- --
02/19/2015 02/19/15 For Sale $418,000 +22.2% $490 / Sq Ft
01/17/2013 01/17/13 Sold $342,000 -2.0% $401 / Sq Ft View Prior Sale
12/14/2012 12/14/12 Pending -- -- --
11/15/2012 11/15/12 For Sale $349,000 +22.5% $409 / Sq Ft
07/25/2012 07/25/12 Sold $285,000 -7.8% $334 / Sq Ft View Prior Sale
03/26/2012 03/26/12 Pending -- -- --
01/04/2012 01/04/12 For Sale $309,000 -- $362 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $480,000 Ortc
Grant Deed $418,000 Fidelity National Title Co
Grant Deed $342,000 Lawyers Title
Grant Deed $285,000 Lawyers Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $409,500 Provident Title Company
Grant Deed -- Provident Title
Trustee Deed $121,100 Provident Title
Gift Deed -- --
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Adjustable Rate Mortgage/ARM
Previous Owner $334,400 New Conventional
Previous Owner $273,600 New Conventional
Previous Owner $228,000 New Conventional
Previous Owner $200,000 Purchase Money Mortgage
Previous Owner $108,800 No Value Available
Source: Public Records

Source: The MLS

MLS Number: 25576723

The MLS

APN: 5151-002-127