NOT LISTED FOR SALE

Estimated Value: $667,000 - $750,000

2 Beds
2 Baths
1,321 Sq Ft
$1,019/mo HOA Fee

Last Sold April 17, 2024

Last sale price $700,000 $530 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,432/month

77 Days on Market

Highlights

  • Concierge
  • 5-minute walk to 7Th Street/Metro Center Station
  • 24-Hour Security
  • Boat Dock
  • Fitness Center
  • 3-minute walk to Grand Hope Park

About This Home

As of April 2024

3D Tour: bit.ly/Sky-1612 Mesmerizing high-rise condo in the heart of South Park, Downtown LA's most desirable district. This exceptional home features soaring 10' high ceilings, South-facing floor-to-ceiling windows, and stunning hardwood flooring laid throughout. The kitchen showcases an oversized granite countertop with breakfast bar, GE Profile stainless-steel appliances, highly sought after gas range cooktop, and plenty of cabinet storage all around. In the expansive living room, soak in the abundance of natural sunlight and gorgeous city views while in the evenings, experience blissful serenity as the sun sets behind towering high-rises. Each fully enclosed bedroom boasts the same fascinating views and a private en-suite bathroom with one bathroom offering a separated soaking tub and stand-in shower, dual vanity sink, and a spacious walk-in closet. Included with the home are 2 assigned individual parking spaces and access to an array of amenities including a 24-hour fitness center, media screening room, resident's lounge with a full kitchen, dog run, on-site management, loading dock with freight elevator, parking for guests, and 24-hour security & concierge. Centrally located near multiple popular destinations such as Whole Foods, Ralph's, The Bloc, FIGat7th, 7th & Metro Station, and several high acclaimed restaurants including Bottega Louie, Joey DTLA, and Sugarfish to name a few.

Last Agent to Sell the Property

Jonathan Yuen

Coldwell Banker Exclusive License #01952091 Listed on: 01/09/2024

Coldwell Banker Exclusive

Last Buyer's Agent

Jonathan Yuen

Coldwell Banker Exclusive License #01952091 Listed on: 01/09/2024

Coldwell Banker Exclusive

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,578

Year Built

  • Built in 1985

Lot Details

  • South Facing Home

HOA Fees

  • $1,019 Monthly HOA Fees

Interior Spaces

  • 1,321 Sq Ft Home
  • Built-In Features
  • Living Room
  • Security Lights

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Side by Side Parking
  • Automatic Gate
  • Guest Parking
  • Controlled Entrance

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5144-020-099

Community Details

Overview

  • 120 Units
  • 22-Story Property

Amenities

  • Concierge
  • Banquet Facilities
  • Meeting Room
  • Card Room
  • Recreation Room
  • Elevator

Recreation

  • Boat Dock
  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,578

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,019 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Sky Lofts
  • Entry Floor: 16
  • Living Area: 1321
  • Lot Acreage: 1.3545
  • Planned Urban Dev: 0
  • Stories: 22
  • Unit Floor In Building: 16
  • Year Built: 1985
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Engineered Hardwood, Tile
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet, In Unit, Inside, Laundry Closet Stacked, In Kitchen, Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Cable, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Recirculated Exhaust Fan, Range/Oven, Stackable W/D Hookup, Washer, Microwave, Network Wire
  • Fireplace: No
  • Price Per S Q F T: 545.04

Exterior Features

  • Direction Faces: South
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Skyline
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Covered Parking, Community Garage, Controlled Entrance, Parking for Guests - Onsite, Parking for Guests, Side By Side, Subterranean, Gated
  • Total Parking: 2

Utilities

  • Cooling: Heat Pump(s), Air Conditioning, Central
  • Heating: Central, Heat Pump
  • Security: 24 Hour, Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Community, Exterior Security Lights, Fire and Smoke Detection System, Fire Sprinklers, Guarded, Smoke Detector, T.V.

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Banquet, Card Room, Concierge, Conference, Controlled Access, Dock, Elevator, Exercise Room, Fitness Center, Gated Parking, Guest Parking, Hot Water, Meeting Room, Onsite Property Management, Rec Multipurpose Rm, Security
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 1019.25
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5144-020-099

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2025
Sold by
Sri Amit Llc and Puri Isabel
Bought by
Sri Amit Llc and Puri
Current Estimated Value
$710,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,000
Outstanding Balance
$352,400
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$358,341

Purchase Details

Listed on
Jan 9, 2024
Closed on
Apr 9, 2024
Sold by
Park Jenny and Park Eugene
Bought by
Sri Amit Llc and Puri
Seller's Agent
Jonathan Yuen
Coldwell Banker Exclusive
Buyer's Agent
Jonathan Yuen
Coldwell Banker Exclusive
List Price
$735,000
Sold Price
$700,000
Premium/Discount to List
-$35,000
-4.76%
Views
4836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.12%

Purchase Details

Closed on
Aug 1, 2011
Sold by
Kim Ji Hoon
Bought by
Park Eugene

Purchase Details

Closed on
Jun 13, 2006
Sold by
801 Grand Llc
Bought by
Kim Ji Hoon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,600
Interest Rate
7.5%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sri Amit Llc -- Ticor Title Company Of Califor
Sri Amit Llc $700,000 Old Republic Title Company
Park Eugene $425,000 Chicago Title Co
Kim Ji Hoon $812,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sri Amit Llc $353,000
Previous Owner Park Eugene $200,000
Previous Owner Kim Ji Hoon $649,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2024 04/17/24 Sold $700,000 -2.8% $530 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
02/16/2024 02/16/24 Price Changed $720,000 -2.0% $545 / Sq Ft
01/09/2024 01/09/24 For Sale $735,000 -- $556 / 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 $6,578 $714,000 $142,800 $571,200
2024 $6,578 $523,346 $246,281 $277,065
2023 $6,449 $513,085 $241,452 $271,633
2022 $6,149 $503,025 $236,718 $266,307
2021 $6,064 $493,163 $232,077 $261,086
2019 $5,881 $478,538 $225,195 $253,343
2018 $5,864 $469,156 $220,780 $248,376
2016 $5,606 $450,939 $212,207 $238,732
2015 $5,520 $444,167 $209,020 $235,147
2014 $5,543 $435,467 $204,926 $230,541
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-345355

The MLS

APN: 5144-020-099