NOT LISTED FOR SALE

Estimated Value: $1,066,000 - $3,110,000

2 Beds
2.5 Baths
1,755 Sq Ft
$937/mo HOA Fee

Last Sold August 07, 2017

Last sale price $1,820,000 $1,037 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $12,285/month

271 Days on Market

Highlights

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

About This Home

As of August 2017

From the unprecedented Penthouse Collection of actor, producer, musician and real estate investor Johnny Depp comes this multi-level 2 bedroom/3 bath corner penthouse situated within Los Angeles's most architecturally significant residential high-rise in Downtown's historic core district. The home also plays host to an outdoor terrace providing direct access to the Eastern Columbia Building's magnificent sky deck featuring a saltwater pool, spa, sundeck and fully-equipped fitness studio. Soaring ceilings and extra large windows set the stage for the home's great room, which includes a living area, dining area and beautifully-appointed kitchen. Climbing the steps of the red metal staircase is bold, checkered pattern flooring and art deco details that energize the entire penthouse. Here, on the upper-level, an exposed brick wall leads to a breathtaking master suite and en-suite guest quarters with views of the rooftop pool, city and mountains.

Last Listed By

Kevin Dees

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

Carolwood Estates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,645

Year Built

  • Built in 1930

Lot Details

  • 1,742

HOA Fees

  • $937 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Gated Parking
  • Controlled Entrance

Property Views

  • City Lights
  • Mountain
  • Hills

Home Design

  • Art Deco Architecture

Interior Spaces

  • 1,755 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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Open Patio

Additional Features

  • Dog Run
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5144-017-187

Community Details

Overview

  • 147 Units
  • Action Property Management, 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

$5,645

Year Built

Built in 1930

Lot Details

0

HOA Fees

$937 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Art Deco
  • Street Number Display: Yes
  • 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 situated within Los Angeles's most architecturally significant residential high-rise in Downtown's historic core district. The home also plays host to an outdoor terrace providing direct access to the landmark Eastern Columbia Building's magnificent sky deck featuring a saltwater pool and spa, sundeck, and fully-equipped fitness studio. Linoleum floors are present throughout, beginning in the great room where soaring ceilings and a fully-outfitted kitchen with center island set the stage for the home's main living area. Climbing the steps of the red metal staircase is bold, checkered pattern flooring that energizes the entire penthouse. Here, on the upper-level landing, an exposed brick wall leading to the en-suite bedrooms is interrupted by a window offering views of the rooftop pool.
  • Complex Name: Eastern Columbia Lofts HOA
  • Entry Floor: 13
  • Living Area: 1755
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Unit Floor In Building: 13
  • Year Built: 1930
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Cement, Marble
  • Bedrooms: 2
  • Fireplaces: 0
  • 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
  • Fireplace: No
  • Price Per S Q F T: 1410.26

Exterior Features

  • Balcony: Terrace
  • Tennis Court Y/N: No
  • Exposure: South
  • 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: 937.04
  • Management Company: Action Property Management, INc.
  • Mgmt Co Phone: 949-450-0202
  • HOA: No

Lot Info

  • Assessor Parcel Number: 5144-017-187
  • Geocode Override: No
  • Lot Size Area: 1755

Multi Family

  • Number Of Units: 147

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2016
Closed on
Jul 26, 2017
Sold by
White Edward L
Bought by
Marcus Raulee and Raulee Marcus Living Trust
Seller's Agent
Kevin Dees
Carolwood Estates
Buyer's Agent
Kevin Dees
Carolwood Estates
List Price
$2,750,000
Sold Price
$1,820,000
Premium/Discount to List
-$930,000
-33.82%
Total Days on Market
271
Current Estimated Value
$1,943,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,418
Avg. Annual Appreciation
0.84%
Original Mortgage
$1,000,000
Interest Rate
2.62%
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
$940,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

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
Marcus Raulee $1,820,000 Fidelity Sherman Oaks
Mandel Joel L $1,175,000 Chicago Title Subdivision
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raulee Marcus Living Trust $900,300
Closed Marcus Raulee $1,000,000
Previous Owner White Edward L $3,000,000
Previous Owner White Edward L $10,000,000
Previous Owner Mandel Joel L $712,500
Previous Owner Mandel Joel L $940,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2017 08/07/17 Sold $1,820,000 -26.5% $1,037 / Sq Ft
08/02/2017 08/02/17 Pending -- -- --
02/21/2017 02/21/17 Price Changed $2,475,000 -10.0% $1,410 / Sq Ft
11/04/2016 11/04/16 For Sale $2,750,000 -- $1,567 / 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
2024 $5,645 $367,000 $73,400 $293,600
2023 $5,568 $367,000 $73,400 $293,600
2022 $5,353 $367,000 $73,400 $293,600
2021 $6,197 $441,000 $88,200 $352,800
2019 $22,749 $1,856,400 $371,280 $1,485,120
2018 $5,170 $356,000 $71,200 $284,800
2016 $3,696 $249,000 $93,000 $156,000
2015 $4,395 $249,000 $93,000 $156,000
2014 $4,610 $249,000 $93,000 $156,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-177260

The MLS

APN: 5144-017-187