NOT LISTED FOR SALE

Estimated Value: $922,000 - $949,000

1 Bed
2 Baths
1,540 Sq Ft
$1,733/mo HOA Fee

Last Sold March 21, 2024

Last sale price $875,000 $568 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,000/month

188 Days on Market

Highlights

  • Fitness Center
  • Heated In Ground Pool
  • 0.52 Acre Lot
  • 24-Hour Security
  • City Lights View
  • Art Deco Architecture

About This Home

As of March 2024

Substantial Price adjustment! This gorgeous home at the stunning Eastern Columbia Lofts features a complete designer remodel of the entire open and light-filled floor plan. Rich, distressed hardwood floors and custom tiles are installed throughout. The spacious chef's kitchen with oversized center island features an integrated Sub-Zero refrigerator with double roll-out freezer drawers, a Viking 6 burner range/oven with Miele vent hood, a Sub-Zero wine storage system, an additional set of Sub-Zero undercounter refrigerator/freezer drawers, a Wolf microwave drawer and a magnificent La Cornue Rotisserie. All of this complimented by plenty of custom soft-closing cabinets and drawers. There is a separate dining area, built-in desk with cabinets and a large cozy living area. The separate primary suite includes custom closets and built in drawers, a drop down projection television system and an over-sized steam shower with marble surround. You will enjoy the heated floors too! The high end designer built-in furnishings and finishes throughout this home are a testament to the meticulous and heartfelt selection and installation by its owner.... This southwest corner loft has walls of double windows for maximum light and minimum noise. Fashionable curtains and shades have been fitted for privacy and allow options for light and darkness. The Lutron System installed provides convenient wireless home and mobile controls of the lights and electric shades throughout the home. Lights and shades can be adjusted from an app on your cellphone. The Nuvo whole home audio system makes music a true part of this entertainer's delight, offering stellar audio quality and reliable performance..... The Eastern Columbia is a MILLS ACT building which gives the owner a large property tax savings and is one of the most sought out buildings in Downtown LA and recognized around the globe. Clad in stunning turquoise terra cotta and trimmed with deep blue and gold terra cotta, the tower's facade features sunburst patterns, geometric shapes, zigzags, chevrons and other stylized motifs. The four-sided clock tower emblazoned in neon with the name EASTERN caps its thirteen stories and insures its place in history. Residents enjoy the large, chic lobby and seating areas as well as the adjacent Zen garden. Soak up the sun at the pool on the infamous roof deck and enjoy the fireplace at night. There is a spa and workout room too all this with amazing views of downtown!..... Entrance from the attached garage brings you directly into the building on the mezzanine level where the mail center is located. Guests are welcomed by the front desk personnel who also assist with deliveries. There is an on-site property manager and a full staff that keeps this luxury building sparkling....Poised at the corner of South Park, the Fashion District and the historic Broadway Theater District this is an excellent place to call home. From here you can visit the many restaurants, shops, and theaters nearby. You are in walking distance to everything that makes downtown so special! This is downtown living at its best!

Last Agent to Sell the Property

Bill Cooper

Coldwell Banker Exclusive License #01309009 Listed on: 07/27/2023

Coldwell Banker Exclusive

Last Buyer's Agent

Farhad Ilderem

First Alliance Realty License #01219638

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,856

Year Built

  • Built in 1930

Lot Details

  • 0.52

HOA Fees

Home Design

  • Art Deco Architecture
  • Entry on the 6th floor

Interior Spaces

  • 1,540 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Loft
  • Wood Flooring
  • City Lights Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Remodeled Bathroom
  • Low Flow Toliet
  • Steam Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Garage
  • Electric Vehicle Home Charger
  • Garage Door Opener
  • Automatic Gate

Pool

  • Heated In Ground Pool
  • Saltwater Pool

Additional Features

  • West Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5144-017-111

Community Details

Overview

  • 147 Units
  • High-Rise Condominium
  • Maintained Community

Amenities

  • Sundeck
  • Community Fire Pit
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,856

Year Built

Built in 1930

Lot Details

0

HOA Fees

$1,733 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Art Deco
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Eastern Columbia HOA
  • Entry Floor: 6
  • Living Area: 1540
  • Lot Acreage: 0.5244
  • Planned Urban Dev: 0
  • Unit Floor In Building: 6
  • Year Built: 1930
  • Number Of Photos: 53
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Steam Shower, Low Flow Shower(s), Low Flow Toilet(s), Remodeled
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community, Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 568.00

Exterior Features

  • Direction Faces: West
  • Pool Description: Association Pool, Heated And Filtered, Salt/Saline
  • Pool: Yes
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Community Garage, Door Opener, Electric Vehicle Charging Station(s)
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: 24 Hour, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinklers, T.V., Automatic Gate

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Extra Storage, Fire Pit, Fitness Center, Hot Water, Pool, Sun Deck
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Monthly
  • HOA Fees: 1303.20
  • HOA Fees: 430.00
  • HOA: Yes
  • Unit Location: Corner

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5144-017-111
  • Lot Size Area: 22844

Multi Family

  • Number Of Units: 147

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Feb 21, 2024
Sold by
Mark Puente Inter Vivos Trust
Bought by
Graney Revocable Trust and Graney
Seller's Agent
Bill Cooper
Coldwell Banker Exclusive
Buyer's Agent
Farhad Ilderem
First Alliance Realty
List Price
$1,150,000
Sold Price
$875,000
Premium/Discount to List
-$275,000
-23.91%
Views
186
Current Estimated Value
$932,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,863
Avg. Annual Appreciation
4.22%
Original Mortgage
$787,500
Outstanding Balance
$773,661
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$159,202

Purchase Details

Closed on
Jun 27, 2013
Sold by
Puente Mark
Bought by
Puente Mark W and Mark Puente Inter Vivos Trust

Purchase Details

Closed on
May 18, 2012
Sold by
Puente Mark
Bought by
Puente Mark and Mark Puente Inter Vivos Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2012
Sold by
Ant
Bought by
Puente Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2006
Sold by
849 Broadway Real Estate Llc
Bought by
Ant and Ant Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$619,600
Interest Rate
6.25%
Mortgage Type
New Conventional
Source: Public Records

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
Graney Revocable Trust $875,000 Chicago Title Company
Puente Mark W -- None Available
Puente Mark -- Old Republic Title
Puente Mark $575,000 Old Republic Title
Ant $774,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graney Revocable Trust $787,500
Previous Owner Puente Mark $417,000
Previous Owner Ant $619,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2024 03/21/24 Sold $875,000 0.0% $568 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
01/08/2024 01/08/24 Price Changed $875,000 -23.9% $568 / Sq Ft
07/27/2023 07/27/23 For Sale $1,150,000 -- $747 / 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 $3,856 $250,000 $50,000 $200,000
2024 $3,856 $250,000 $50,000 $200,000
2023 $3,805 $250,000 $50,000 $200,000
2022 $3,659 $250,000 $50,000 $200,000
2021 $4,804 $349,000 $69,800 $279,200
2019 $3,288 $306,000 $61,200 $244,800
2018 $4,293 $306,000 $61,200 $244,800
2016 $2,378 $157,000 $48,000 $109,000
2015 $2,358 $157,000 $48,000 $109,000
2014 $2,509 $157,000 $48,000 $109,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-295129

The MLS

APN: 5144-017-111