Seller's Agent in 2023
Tim Thompson
Berkshire Hathaway HomeServices California Properties
(818) 968-8908
8 Total Sales
Eastern Columbia Lofts 849 S Broadway Unit 1PH Los Angeles, CA 90014
Downtown LA NeighborhoodEstimated Value: $1,260,000 - $2,449,089
2
Beds
3
Baths
2,490
Sq Ft
$706/Sq Ft
Est. Value
About This Home
As of June 2017Experience the ultimate in DTLA living in this luxurious and prestigious full-service historic building. Formerly owned by Johnny Depp.
Building approved for Live/Work. This 2 bedroom 3 bathroom penthouse is located at the Eastern Columbia Building, a masterpiece that is considered to be the prime example of Art Deco architecture in downtown. The best of LA inside and out: amazing city views, two "side by side" secured indoor parking spaces and a prime location. Double high ceilings, open floor plan living area with wood floors, a large powder room, full kitchen with stylish stainless steel cabinetry and Viking appliances. The living area opens to a large private patio where you can entertain while enjoying the beauty of the tiles and bas-relief details of the building. The upstairs features two Large bedroom suites, each with striking views and sitting areas, generously sized bathrooms and large walk-in closets plus an in-unit additional to the building laundry facilities. Located below the iconic “Eastern” clock. You can consider that the building’s Gym, Spa, salt water pool and fire pit are right there, in your “backyard” offering that extra space that will make you and your guests feel that you are on top of the world. The building offers full concierge service, security, secure dog area and exclusivity that is rarely available. A large dedicated storage room for the unit is included inside the building.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 4, 2016
Closed on
Jun 2, 2017
Sold by
White Edward L
Bought by
Mccorkle Michael A and Wilson Eliot A
Seller's Agent
Kevin Dees
Carolwood Estates
Buyer's Agent
Timothy Thompson
List Price
$2,649,000
Sold Price
$2,000,000
Premium/Discount to List
-$649,000
-24.5%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$243,304
Avg. Annual Appreciation
-1.62%
Original Mortgage
$1,400,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Feb 20, 2008
Sold by
849 Broadway Real Estate Llc
Bought by
Mandel Joel L and The Sweetzer Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 14, 2000
Sold by
Bolour Mehdi
Bought by
Bolour Mehdi
Purchase Details
Closed on
Dec 10, 1999
Sold by
Bolour Trust #3
Bought by
Eastern Columbia Associates Llc
Purchase Details
Closed on
Mar 25, 1996
Sold by
Bolour Mehdi
Bought by
Bolour Mehdi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,363,300
Interest Rate
7.05%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mccorkle Michael A | $2,000,000 | Fidelity Sherman Oaks | |
| Mandel Joel L | $1,500,000 | Chicago Title Subdivision | |
| Bolour Mehdi | -- | -- | |
| Eastern Columbia Associates Llc | -- | -- | |
| Bolour Mehdi | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mccorkle Micahel A | $1,341,000 | |
| Closed | Mccorkle Michael A | $1,400,000 | |
| Previous Owner | White Edward L | $3,000,000 | |
| Previous Owner | White Edward L | $10,000,000 | |
| Previous Owner | Mandel Joel L | $731,250 | |
| Previous Owner | Mandel Joel L | $1,200,000 | |
| Previous Owner | Bolour Mehdi | $3,363,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/17/2023 03/17/23 | Rented | $6,900 | 0.0% | -- |
| 12/05/2022 12/05/22 | Price Changed | $6,900 | -1.4% | $3 / Sq Ft |
| 08/18/2022 08/18/22 | Price Changed | $7,000 | -6.7% | $3 / Sq Ft |
| 06/30/2022 06/30/22 | Price Changed | $7,500 | -6.3% | $3 / Sq Ft |
| 06/11/2022 06/11/22 | For Rent | $8,000 | +11.1% | -- |
| 03/31/2021 03/31/21 | Rented | $7,200 | -4.0% | -- |
| 03/19/2021 03/19/21 | For Rent | $7,500 | 0.0% | -- |
| 05/25/2018 05/25/18 | Rented | $7,500 | 0.0% | -- |
| 05/23/2018 05/23/18 | Under Contract | -- | -- | -- |
| 05/17/2018 05/17/18 | For Rent | $7,500 | +15.4% | -- |
| 12/06/2017 12/06/17 | Rented | $6,500 | -13.3% | -- |
| 12/02/2017 12/02/17 | Under Contract | -- | -- | -- |
| 08/18/2017 08/18/17 | For Rent | $7,500 | 0.0% | -- |
| 06/23/2017 06/23/17 | Sold | $2,000,000 | -16.1% | $803 / Sq Ft |
| 02/21/2017 02/21/17 | Price Changed | $2,385,000 | -10.0% | $958 / Sq Ft |
| 11/04/2016 11/04/16 | For Sale | $2,649,000 | -- | $1,064 / Sq Ft |
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 |
|---|---|---|---|---|
| 2024 | $6,223 | $405,000 | $81,000 | $324,000 |
| 2023 | $6,137 | $405,000 | $81,000 | $324,000 |
| 2022 | $5,901 | $405,000 | $81,000 | $324,000 |
| 2021 | $7,752 | $565,000 | $113,000 | $452,000 |
| 2019 | $6,749 | $392,000 | $78,400 | $313,600 |
| 2018 | $5,689 | $392,000 | $78,400 | $313,600 |
| 2016 | $4,062 | $274,000 | $77,000 | $197,000 |
| 2015 | $4,888 | $274,000 | $77,000 | $197,000 |
| 2014 | $5,127 | $274,000 | $77,000 | $197,000 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Thompson
-
Miguel Pinon Blanco
Seller Co-Listing Agent in 2023
Miguel Pinon Blanco
Berkshire Hathaway HomeServices California Properties
(818) 933-2400
8 Total Sales
-
Kevin Dees
Seller's Agent in 2017
Kevin Dees
Carolwood Estates
(310) 500-3900
7 in this area
63 Total Sales
-
Seller Co-Listing Agent in 2017
Nick Segal
Compass
(310) 776-0148
22 Total Sales
-
Sunny Kim
Buyer's Agent in 2017
Sunny Kim
New Star Realty & Investment
(949) 873-1380
27 Total Sales
-
T
Buyer's Agent in 2017
Timothy Thompson
About Eastern Columbia Lofts
Map
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