$600,000
SOLD JUL 11, 2024
-- Bed
1 Bath
1,010 Sq Ft
$1,252/mo HOA Fee

Recently Sold

$594 Per Sq Ft

14% Below List Price

106 Days on Market

Highlights

  • Heated Roof Top Pool
  • City Lights View
  • 0.52 Acre Lot
  • Fitness Center
  • Updated Kitchen
  • Open Floorplan

About This Home

As of July 2024

This stunning studio is located in the iconic Eastern Columbia live/work building, known for its historic 1930s art deco architecture. Situated in Downtown Los Angeles, this sought-after address qualifies for Mills Act property tax savings. The unit features a classic open floor plan with high ceilings, oversized casement windows, stained concrete floors, an updated kitchen and bathroom, and city views. A small Juliet-style balcony adds charm to the space. The building's common areas are designed in Hollywood Regency style by interior designer Kelly Wearstler. Residents can enjoy 24/7 front desk security, a fitness center, and the famous rooftop pool, hot tub, and sundeck with breathtaking views of the city skyline. Located within walking distance of downtown LA's attractions, including restaurants, hotels, the Apple flagship store, Whole Foods, the Fashion District, Grand Central Market, Crypto.com Arena, and more. Experience luxury living in the heart of the city at this exceptional property.

Last Agent to Sell the Property

Alin Glogovicean

Redfin Corporation Brokerage Phone: 818-395-7772 License #01327641 Listed on: 02/22/2024

Redfin Corporation

Last Buyer's Agent

Farhad Ilderem

First Alliance Realty License #01219638

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,626

Year Built

  • Built in 1930

HOA Fees

  • $1,252 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Parking Available

Home Design

  • Interior Block Wall
  • Concrete Roof

Interior Spaces

  • 1,010 Sq Ft Home
  • Open Floorplan
  • Wired For Data
  • Beamed Ceilings
  • High Ceiling
  • Track Lighting
  • Family Room Off Kitchen
  • Loft
  • Concrete Flooring
  • City Lights Views

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Gas Oven
  • Built-In Range
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Quartz Bathroom Countertops
  • Low Flow Toliet
  • Soaking Tub
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry Chute
  • Gas Dryer Hookup

Pool

  • Heated Roof Top Pool
  • In Ground Spa
  • Saltwater Pool

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Balcony
  • Two or More Common Walls

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 61499
  • Assessor Parcel Number 5144017112

Community Details

Overview

  • 150 Units
  • Eastern Columbia HOA, Phone Number (213) 627-9346
  • Brandon Patterson HOA
  • 13-Story Property

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Dog Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,626

Year Built

Built in 1930

Lot Details

0

HOA Fees

$1,252 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Refrigerator, Washer, Dryer, Stove,
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAC5
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5144017112
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1010.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Block Walls, High Ceilings, Open Floorplan, Quartz Counters, Track Lighting, Wired for Data
  • Stories: 13
  • Entry Location: front
  • Common Walls: 2+ Common Walls
  • Flooring: Concrete
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 594.06
  • Room Type: Loft
  • Spa Features: Association, Community, In Ground
  • Bathroom Features: Low Flow Toilet(s), Shower In Tub, Exhaust Fan(s), Quartz Counters, Soaking Tub
  • Room Kitchen Features: Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen

Exterior Features

  • View: City Lights
  • Fence: No
  • Pool Features: Association, Community, Heated, Roof Top, Salt Water
  • Pool Private: No
  • Roof: Concrete
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Covered, Direct Garage Access, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Water Heater, Gas Oven, Gas Range, Ice Maker, Microwave, Refrigerator, Water Line to Refrigerator
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, Gas & Electric Dryer Hookup, Gas Dryer Hookup, Laundry Chute
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Dog Park, Gym/Ex Room
  • Association Fee: 1252.00
  • Association Fee Frequency: Monthly
  • Association Name: Eastern Columbia HOA
  • Phone: 2136279346
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Dog Park
  • Association Management: Brandon Patterson

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 22851.00
  • Lot Size Acres: 0.5246
  • Latitude Manual: 34.04277200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 22851.0000 Square Feet
  • Number Of Units In Community: 150
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2073.03
  • Tax Lot: 1
  • Tax Tract Number: 61499

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Jul 4, 2024
Sold by
Gutshall/Davis Living Trust and Gutshall Eric
Bought by
Graney Revocable Trust and Graney
Seller's Agent
Alin Glogovicean
Redfin Corporation
Buyer's Agent
Farhad Ilderem
First Alliance Realty
List Price
$695,000
Sold Price
$600,000
Premium/Discount to List
-$95,000
-13.67%
Total Days on Market
106
Views
79
Current Estimated Value
$617,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,628
Avg. Annual Appreciation
3.31%

Purchase Details

Closed on
Jan 25, 2019
Sold by
Gutshall Eric and Davis Felicia
Bought by
Gutshall Eric and Davis Felicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2017
Sold by
Gutshall Eric L
Bought by
Gutshall Eric and Davis Felicia

Purchase Details

Closed on
Aug 1, 2006
Sold by
849 Broadway Real Estate Llc
Bought by
Gutshall Eric L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,400
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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 $600,000 Title Forward Of California In
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed $528,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $455,000 New Conventional
Previous Owner $422,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2024 07/11/24 Sold $600,000 -7.6% $594 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
04/09/2024 04/09/24 Price Changed $649,000 -6.6% $643 / Sq Ft
02/22/2024 02/22/24 For Sale $695,000 -- $688 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $2,626 $171,000 $34,200 $136,800
2023 $2,593 $171,000 $34,200 $136,800
2022 $2,496 $171,000 $34,200 $136,800
2021 $2,918 $208,000 $41,600 $166,400
2019 $2,617 $215,000 $43,000 $172,000
2018 $3,000 $215,000 $43,000 $172,000
2016 $1,573 $103,000 $31,000 $72,000
2015 $1,560 $103,000 $31,000 $72,000
2014 $1,940 $103,000 $31,000 $72,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB24035612

California Regional Multiple Listing Service (CRMLS)

APN: 5144-017-112