NOT LISTED FOR SALE

Estimated Value: $924,000 - $1,397,000

1 Bed
1.5 Baths
1,080 Sq Ft
$800/mo HOA Fee

Last Sold May 16, 2024

Last sale price $1,025,000 $949 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,353/month

89 Days on Market

Highlights

  • Concierge
  • Yoga or Pilates Studio
  • Gated Parking
  • Fitness Center
  • New Construction
  • Gated Community

About This Home

As of May 2024

LAST REMAINING THIRD FLOOR 1-bedroom, 1.5 bath single-level residence with 1,080 square feet of living space, beautiful interior courtyard location and north-facing views. An expansive outdoor Terrace that connects to the main living area, allowing in the best of the natural Southern California light. Expansive kitchen with island, Snaidero Italian cabinetry, and Subzero/Wolf Appliances. Upscale and sustainable finishes including Caesarstone countertops throughout, Gessi plumbing fixtures and Hydro Systems soaking tubs. Nestled on a highly walkable tree-lined street, The Ainsley is located steps from the best of Melrose but also offers highly coveted amenities- from the onsite concierge services to the California Lounge and fitness center, yoga and training rooms and more, here you can have it all.

Last Agent to Sell the Property

Carrie McNary

Resident Group License #02006253 Listed on: 01/10/2024

Last Buyer's Agent

Russell Dunn

Redfin License #02000585

Redfin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,389

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.9

HOA Fees

  • $800 Monthly HOA Fees

Home Design

  • Mid Level
  • Modern Architecture
  • Split Level Home

Interior Spaces

  • 1,080 Sq Ft Home
  • 4-Story Property
  • Double Pane Windows
  • Living Room
  • Dining Area
  • Wood Flooring
  • Courtyard Views
  • Alarm System

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Covered Spaces
  • Gated Parking
  • Guest Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Water Heater
  • Cable TV Available

Additional Features

  • West Facing Home
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 5528-003-241

Community Details

Overview

  • Association fees include concierge
  • 49 Units
  • Action Property Management Association, Phone Number (310) 299-6499
  • Low-Rise Condominium
  • Built by ETCO Homes, Inc
  • Maintained Community

Amenities

  • Concierge
  • Community Barbecue Grill
  • Trash Chute
  • Clubhouse
  • Billiard Room
  • Lounge
  • Elevator

Recreation

  • Yoga or Pilates Studio
  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,389

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$800 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Levels: Mid Level
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: The Ainsley is inspired by Tuscan sensibility, each residence is thoughtfullydesigned and seamlessly connects expansive interiorand exterior living spaces. Rising four stories abovestreet-level, The Ainsley offers one to three bedroomhomes ranging from 797 - 2,341 square feet, with privateoutdoor terraces, dual-master bedrooms, and discreetwalk-up entrances off Sweetzer Avenue per select homes. The best location for easy living in West Hollywood. Tours by Appt.
  • Builder Model Name: 311
  • Builder Name: ETCO Homes, Inc
  • Complex Name: The Ainsley
  • Entry Floor: 3
  • Living Area: 1080
  • Planned Urban Dev: 0
  • Property Condition: New Construction
  • Stories: 4
  • Unit Floor In Building: 3
  • Year Built: 2021
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 1
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Vented Exhaust Fan, Washer
  • Fireplace: No
  • Price Per S Q F T: 995.37
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Gated, Gated Underground, Assigned
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Water Heater Unit
  • Cooling: Air Conditioning, Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Fire and Smoke Detection System, Fire Sprinklers, Prewired for alarm system, Smoke Detector

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Billiard Room, Concierge, Controlled Access, Elevator, Guest Parking, Fitness Center, Assoc Barbecue, Gated Community
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Concierge
  • High Rise: Concierge, Club Room, Controlled Access, Lounge, Trash Chute, Yoga and Pilates Studio
  • HOA Fees: 799.58
  • Management Company: Action Property Management
  • Mgmt Co Phone: 9494500202|3203
  • Phone: 3102996499|
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5528-003-241
  • Lot Location: City

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2024
Closed on
May 7, 2024
Sold by
Cwv-Sweetzer Llc
Bought by
2008 Ramanathan Family Trust and Ramanathan
Seller's Agent
Carrie McNary
Resident Group
Buyer's Agent
Russell Dunn
Redfin
List Price
$1,075,000
Sold Price
$1,025,000
Premium/Discount to List
-$50,000
-4.65%
Views
46
Current Estimated Value
$1,082,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,674
Avg. Annual Appreciation
4.30%
Original Mortgage
$768,750
Outstanding Balance
$759,210
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$323,464
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
2008 Ramanathan Family Trust $1,025,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2008 Ramanathan Family Trust $768,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2024 05/16/24 Sold $1,025,000 -4.7% $949 / Sq Ft
04/08/2024 04/08/24 Pending -- -- --
01/10/2024 01/10/24 For Sale $1,075,000 -- $995 / 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 $8,389 $1,045,500 $731,850 $313,650
2024 $8,389 $694,604 $312,570 $382,034
2023 $8,227 $680,986 $306,442 $374,544
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-345969

The MLS

APN: 5528-003-241