$520,000
SOLD OCT 24, 2024
1 Bed
1.5 Baths
1,028 Sq Ft
$1,220/mo HOA Fee

Recently Sold

$506 Per Sq Ft

5% Below List Price

77 Days on Market

Highlights

  • Fitness Center
  • Heated In Ground Pool
  • City Lights View
  • 24-Hour Security
  • Gated Parking
  • 2.85 Acre Lot

About This Home

As of May 2025

Stunning top floor Penthouse unit with unobstructed DTLA skyline views at the Promenade West. Prime downtown location with a short distance to courthouses and civic buildings. Large & Bright Open Floor Plan w/ 1028 SQFT of Living Space + 2 large private balconies with retractable awning. Southern exposure offers an abundance of natural light as well as expansive views of The Broad Museum, the DTLA skyline, and courtyard palm tree tops. Designer custom built seating, storage, & bar nook. New tiled flooring in kitchen. Large Master Walk In Closet with custom shelving. 1 assigned parking space in underground secured garage included. Additional monthly parking available if needed. Promenade West is a Full Service Luxury Condominium Community Offering Ample Guest Parking, 24-Hour Security/Concierge, Pool, Spa, Exercise Room, Sauna, On Site Manager, & Basic Cable TV. Common Area Offers On-Site Dog Park, Lush Green Gardens w/ Serene Waterfalls. Local Convenience Store & Dry Cleaners Just Steps Away. Walk to Disney Concert Hall, Ahmanson Theater, Mark Taper Forum, Dorothy Chandler Pavilion, Grand Park, The Broad Museum, Restaurants, Courts, City Hall, & Metro Regional Connector. *Seller passed away peacefully in the unit. Trust sale, no probate required. HOA dues cover water, trash, General liability/fire + EQ insurance. Residents pay for their own electricity + internet.

Last Agent to Sell the Property

Anh Tran

Keller Williams Larchmont License #01465571 Listed on: 07/30/2024

Keller Williams Larchmont

Last Buyer's Agent

Erica Jung

Dream Realty & Investments Inc License #01891150

Dream Realty & Investments Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $788

Year Built

  • Built in 1982

HOA Fees

  • $1,220 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,028 Sq Ft Home
  • Dining Area
  • Wood Flooring
  • City Lights Views

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom

Home Security

Parking

  • 1 Parking Space
  • Gated Parking
  • Guest Parking
  • Controlled Entrance

Pool

  • Heated In Ground Pool
  • Fence Around Pool
  • Spa

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • South Facing Home

Listing and Financial Details

  • Assessor Parcel Number 5151-016-102

Community Details

Overview

  • Association fees include building and grounds, cable TV, earthquake insurance, sewer, trash, water
  • 135 Units
  • 6-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Banquet Facilities
  • Meeting Room
  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool
  • Community Spa
  • Park

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$788

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1,220 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Promenade West HOA
  • Entry Floor: 6
  • Living Area: 1028
  • Lot Acreage: 2.8451
  • Planned Urban Dev: 0
  • Stories: 6
  • Unit Floor In Building: 6
  • Year Built: 1982
  • Number Of Photos: 50
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Appliances: Cooktop - Electric, Microwave, Oven-Electric
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Cable, Dishwasher, Garbage Disposal, Microwave, Refrigerator
  • Price Per S Q F T: 534.05

Exterior Features

  • Balcony: Yes
  • Direction Faces: South
  • Exposure: South
  • Pool Description: Association Pool, Fenced, Heated And Filtered, Community
  • Pool: Yes
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Community Garage, Controlled Entrance, Covered Parking, Gated, Parking for Guests, Parking for Guests - Onsite
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: 24 Hour, Community, Fire and Smoke Detection System, Fire Sprinklers, Smoke Detector

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Banquet, Clubhouse, Conference, Controlled Access, Elevator, Exercise Room, Fitness Center, Greenbelt/Park, Onsite Property Management, Pool, Sauna, Security, Spa
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Cable TV, Earthquake Insurance, Sewer, Trash, Water
  • HOA Fees: 1220.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 5151-016-102
  • Lot Size Area: 123931

Multi Family

  • Number Of Units: 135

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2024
Closed on
Oct 2, 2024
Sold by
Markoff Family 1993 Trust and Hansen Judith Markoff
Bought by
Bang Ae Kyoung
Seller's Agent
Anh Tran
Keller Williams Larchmont
Buyer's Agent
Erica Jung
Dream Realty & Investments Inc
List Price
$549,000
Sold Price
$520,000
Premium/Discount to List
-$29,000
-5.28%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.70%

Purchase Details

Closed on
Jan 19, 2012
Sold by
Hoak W David and W David Hoak Trust
Bought by
Markoff Morris and Markoff Betty

Purchase Details

Closed on
Jan 22, 2005
Sold by
Hoak W David
Bought by
Hoak W David and W David Hoak Trust

Purchase Details

Closed on
Sep 6, 2002
Sold by
Miyahara Wesley H
Bought by
Hoak W David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.05%

Purchase Details

Closed on
Jun 23, 2000
Sold by
Miyahara Kumchai C
Bought by
Miyahara Wesley H

Purchase Details

Closed on
Mar 9, 2000
Sold by
W R And H H Austin Trust
Bought by
Fujii Steven Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
8.3%

Purchase Details

Closed on
Dec 3, 1993
Sold by
Wells Fargo Bank
Bought by
Austin Warren R and Jansen Leland E
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 $520,000 Lawyers Title Company
Grant Deed $300,000 Ticor Title
Interfamily Deed Transfer -- --
Grant Deed $310,000 Fidelity National Title Co
Interfamily Deed Transfer -- Southland Title
Grant Deed $232,000 Southland Title
Grant Deed $189,000 Southland Title Corporation
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 New Conventional
Previous Owner $68,400 Stand Alone Second
Previous Owner $240,000 No Value Available
Previous Owner $170,000 Unknown
Previous Owner $151,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 Sold $535,000 0.0% $520 / Sq Ft
03/31/2025 03/31/25 Pending -- -- --
03/18/2025 03/18/25 For Sale $535,000 +2.9% $520 / Sq Ft
10/24/2024 10/24/24 Sold $520,000 -5.3% $506 / Sq Ft
10/15/2024 10/15/24 Pending -- -- --
07/30/2024 07/30/24 For Sale $549,000 -- $534 / 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 $788 $44,937 $13,468 $31,469
2023 $776 $44,056 $13,204 $30,852
2022 $745 $43,194 $12,946 $30,248
2021 $724 $42,348 $12,693 $29,655
2020 $725 $41,914 $12,563 $29,351
2019 $704 $41,093 $12,317 $28,776
2018 $695 $40,288 $12,076 $28,212
2016 $655 $38,725 $11,608 $27,117
2015 $644 $38,144 $11,434 $26,710
2014 $656 $37,398 $11,211 $26,187
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-421669

The MLS

APN: 5151-016-102