$2,000,000
SOLD JUN 23, 2017
2 Beds
2.5 Baths
2,490 Sq Ft
$986/mo HOA Fee

Recently Sold

$803 Per Sq Ft

24% Below List Price

202 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Rooftop Deck
  • Roof Top Pool
  • 24-Hour Security
  • 4-minute walk to Grand Hope Park

About This Home

As of June 2017

From the unprecedented Penthouse Collection of actor, producer, musician and real estate investor Johnny Depp comes this two story, 2 bedroom/3 bath residence featuring 2,400 square feet of vibrantly-decorated interiors that echo the decadent, Art Deco-style of the landmark Eastern Columbia Building in Downtown Los Angeles. Hardwood flooring and soaring ceilings command the open-plan great room, which plays host to a kitchen with stainless-steel Viking appliances, large center island, and original iron-clad windows facing the home's outdoor courtyard. The upper level offers two en-suite bedrooms as well as skyline views extending all the way to the Staples Center, the entertainment pulse of the city. Those residing in Los Angeles's most architecturally significant residential high-rise can also enjoy access to the building's leisure terrace which includes a saltwater pool and spa, sundeck, and fully-equipped fitness studio.

Last Agent to Sell the Property

Kevin Dees

Carolwood Estates License #01915567 Listed on: 11/04/2016

Carolwood Estates

Co-Listed By

Nick Segal

Compass License #01869103

Last Buyer's Agent

Timothy Thompson

License #01894676

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,223

Year Built

  • Built in 1930

HOA Fees

  • $986 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Gated Parking
  • Controlled Entrance

Property Views

  • City Lights
  • Mountain
  • Hills

Home Design

  • Art Deco Architecture

Interior Spaces

  • 2,490 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room
  • Dining Area
  • Den
  • Loft

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Concrete
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Roof Top Pool
  • Roof Top Spa
  • In Ground Pool

Additional Features

  • Open Patio
  • Dog Run
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5144-017-186

Community Details

Overview

  • 147 Units
  • Action Property, Inc. Association

Amenities

  • Concierge
  • Rooftop Deck
  • Community Fire Pit
  • Trash Chute
  • Lounge
  • Elevator
  • Lobby
  • Reception Area
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,223

Year Built

Built in 1930

Lot Details

0

HOA Fees

$986 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Art Deco
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: From the unprecedented Penthouse Collection of actor, producer, musician and real estate investor Johnny Depp comes this two story, 2 bedroom/3 bath residence featuring 2,400 square feet of vibrantly-decorated interiors that echo the decadent, Art Deco-style of the landmark Eastern Columbia Building in Downtown Los Angeles. Hardwood flooring and soaring ceilings command the open-plan great room, which plays host to a kitchen with stainless-steel Viking appliances, large center island, and original iron-clad windows facing the home's outdoor courtyard. The upper level offers two en-suite bedrooms as well as skyline views extending all the way to the Staples Center, the entertainment pulse of the city. Those residing in Los Angeles's most architecturally significant residential high-rise can also enjoy access to the building's leisure terrace which includes a saltwater pool and spa, sundeck, and fully-equipped fitness studio.
  • Complex Name: Eastern Columbia Lofts HOA
  • Entry Floor: 13
  • Living Area: 2490
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Unit Floor In Building: 13
  • Year Built: 1930
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Cement, Marble
  • Bedrooms: 2
  • Full Bathroom: 2
  • 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: 3.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 957.83

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Association Pool, In Ground
  • Pool: Yes
  • View: City, City Lights, Hills, Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Controlled Entrance, Gated Underground
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning, Central, Multi/Zone
  • Earth Quake Ins: 0
  • Heating: Central, Zoned
  • Security: 24 Hour, Community

Association/Amenities

  • Amenities: Concierge, Controlled Access, Elevator, Exercise Room, Extra Storage, Fire Pit, Fitness Center, Gated Parking, Onsite Property Management, Pool, Security, Spa
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • High Rise: Concierge, Controlled Access, Dog Run, Entrance Lobby, Lounge, Mens and Womens Changing Rooms, Passenger Elevator, Reception Desk, Rooftop Sky Deck, Rooftop Spa, Rooftop Swimming Pool, Trash Chute
  • HOA Fees: 986.07
  • Management Company: Action Property, Inc.
  • Mgmt Co Phone: 949-450-0202
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5144-017-186
  • Geocode Override: No
  • Lot Size Area: 22842

Multi Family

  • Number Of Units: 147

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
$2,344,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,661
Avg. Annual Appreciation
1.96%
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%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,000,000 Fidelity Sherman Oaks
Grant Deed $1,500,000 Chicago Title Subdivision
Interfamily Deed Transfer -- --
Grant Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,341,000 New Conventional
Closed $1,400,000 Adjustable Rate Mortgage/ARM
Previous Owner $3,000,000 Credit Line Revolving
Previous Owner $10,000,000 Commercial
Previous Owner $731,250 Adjustable Rate Mortgage/ARM
Previous Owner $1,200,000 Purchase Money Mortgage
Previous Owner $3,363,300 No Value Available
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
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 $6,223 $405,000 $81,000 $324,000
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

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Map

Source: The MLS

MLS Number: 16-177234

The MLS

APN: 5144-017-186