NOT LISTED FOR SALE

Estimated Value: $585,686 - $878,000

1 Bed
1 Bath
890 Sq Ft
$773/mo HOA Fee

Last Sold November 14, 2016

Last sale price $605,000 $680 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,532/month

26 Days on Market

Highlights

  • Fitness Center
  • Heated In Ground Pool
  • 22,842 Sq Ft lot
  • 24-Hour Security
  • City Lights View
  • 4-minute walk to Grand Hope Park

About This Home

As of November 2016

This bright south-facing loft on the 5th floor of the renowned Eastern Columbia building has a wall of big windows featuring lovely city views. Located steps from the coolest restaurants, theaters & concert venues in Downtown, this iconic turquoise tower gleams with art deco details. The building lobby & common areas have interior designs by famed decorator Kelly Wearstler. Roof-top amenities include a refreshing pool, sundeck, hot tub, fireplace & a gym with breathtaking 360 degree views. This unit has polished concrete floors, floor-to-ceiling closets, stainless steel appliances & washer/dryer in unit. The spacious bathroom has a large tub with penny nickel tile all around. All units benefit from the Mills Act, which lowers property taxes substantially. This secure building has full-time concierge service & on-site property management. Located in the Historic Broadway Theater District, this prestigious address is across the street from the Orpheum Theater & The Ace Hotel.

Last Agent to Sell the Property

Jason Woodruff

Keller Williams Hollywood Hills License #01720468 Listed on: 10/07/2016

Keller Williams Hollywood Hills

Last Buyer's Agent

Patrick Lewey

Keller Williams Hollywood Hills License #01985815

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1930

Lot Details

  • 0.52

HOA Fees

  • $773 Monthly HOA Fees

Property Views

  • City Lights
  • Trees

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 890 Sq Ft Home
  • Living Room
  • Dining Area
  • Loft
  • Concrete Flooring
  • Laundry Room

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Parking Garage Space

Additional Features

  • Heated In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5144-017-096

Community Details

Overview

  • 147 Units
  • High-Rise Condominium

Amenities

  • Sundeck
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Year Built

Built in 1930

Lot Details

0

HOA Fees

$773 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: Eastern Columbia
  • Entry Floor: 5
  • Living Area: 890
  • Planned Urban Dev: 0
  • Year Built: 1930
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Cement
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit, Inside
  • Total Bathrooms: 1.00
  • Equipment: Dishwasher, Garbage Disposal, Microwave, Range/Oven
  • Price Per S Q F T: 706.74

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Community, Heated
  • Pool: Yes
  • View: City, City Lights, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Community Garage
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Controlled Access, Elevator, Exercise Room, Pool, Spa, Sun Deck
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 772.97
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5144-017-096
  • Geocode Override: No
  • Lot Size Area: 22842

Multi Family

  • Number Of Units: 147

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2016
Sold by
Parker Rachel E
Bought by
Zeughauser Peter D and Zeughauser Qing Ye
Current Estimated Value
$680,422

Purchase Details

Closed on
Apr 12, 2007
Sold by
Seeram Shaun
Bought by
Parker Rachel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2005
Sold by
849 Broadway Real Estate Llc
Bought by
Seeram Shaun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,800
Interest Rate
7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zeughauser Peter D $605,000 Fidelity National Title
Parker Rachel E $519,000 None Available
Seeram Shaun $421,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parker Rachel E $339,000
Previous Owner Seeram Shaun $336,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2016 11/14/16 Sold $605,000 -3.8% $680 / Sq Ft
11/02/2016 11/02/16 Pending -- -- --
10/07/2016 10/07/16 For Sale $629,000 -- $707 / 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 $2,322 $151,000 $30,200 $120,800
2024 $2,322 $151,000 $30,200 $120,800
2023 $2,294 $151,000 $30,200 $120,800
2022 $2,208 $151,000 $30,200 $120,800
2021 $2,572 $183,000 $36,600 $146,400
2019 $2,850 $189,000 $37,800 $151,200
2018 $2,642 $189,000 $37,800 $151,200
2016 $1,310 $91,000 $27,000 $64,000
2015 $1,716 $91,000 $27,000 $64,000
2014 $1,479 $91,000 $27,000 $64,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-169056

The MLS

APN: 5144-017-096