Promenade West 880 W 1st St Unit 601 Los Angeles, CA 90012
Downtown LA Neighborhood
1
Bed
1.5
Baths
1,028
Sq Ft
$1,220/mo
HOA Fee
Highlights
- Fitness Center
- 2.85 Acre Lot
- Clubhouse
- City Lights View
- Open Floorplan
- Granite Countertops
About This Home
As of May 2025This beautiful penthouse unit in DTLA showcases the best skyline views and is a rare find at Promenade West Condos. Recently upgraded with new paint, carpets, and cabinets, the interior has been transformed. Spanning 1,028 square feet, it features a spacious, bright open floor plan with two large private balconies offering stunning downtown skyline views and equipped with folding shades. Natural light pours in from the south, providing sweeping vistas of the Broad Museum, the DTLA skyline, and courtyard palm trees. Designed by a professional, the interior includes built-in seating, ample storage space, and a stylish bar nook. The kitchen boasts new tile flooring, complementing the overall aesthetic. A generously sized master walk-in closet with well-organized shelves adds convenience. Conveniently located, the unit includes one assigned parking space in the underground garage entrance, with additional spaces available for monthly purchase if needed. Promenade West offers luxurious amenities akin to a hotel, including 24-hour security, swimming pools, spas, exercise rooms, saunas, onsite management, and basic cable TV. Common areas feature onsite dog parks, lush green gardens, and serene waterfalls. Local amenities such as convenience stores, dry cleaners, and delivery services are within easy reach. The location is ideal for walking to nearby attractions including the Disney Concert Hall, Ahmanson Theater, Mark Taper Forum, Dorothy Chandler Pavilion, Grand Park, Broad Museum, restaurants, courthouses, city hall, and the Metro Regional Connector. HOA membership fees cover water, waste disposal, general liability/fire insurance, and earthquake insurance. Residents are responsible for electricity and internet costs.
Last Agent to Sell the Property
Dream Realty La Crescenta Brokerage Phone: 213-393-1131 License #02004177 Listed on: 03/18/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $788
Year Built
- Built in 1982
HOA Fees
- $1,220 Monthly HOA Fees
Parking
- 1 Car Garage
Interior Spaces
- 1,028 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Carpet
- City Lights Views
- Laundry Room
Kitchen
- Breakfast Bar
- Electric Oven
- Granite Countertops
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- Walk-in Shower
Additional Features
- Living Room Balcony
- 1 Common Wall
- Central Heating and Cooling System
Listing and Financial Details
- Earthquake Insurance Required
- Tax Lot 1
- Tax Tract Number 39578
- Assessor Parcel Number 5151016102
- $247 per year additional tax assessments
Community Details
Overview
- Master Insurance
- 135 Units
- Promenade West Association, Phone Number (213) 617-0262
Amenities
- Outdoor Cooking Area
- Community Barbecue Grill
- Clubhouse
- Banquet Facilities
- Meeting Room
- Recreation Room
- Laundry Facilities
Recreation
- Community Pool
- Community Spa
- Dog Park
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
Similar Homes in Los Angeles, CA
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Home Values in the Area
Average Home Value in this Area
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: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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
-
Byoung Tak
B
Seller's Agent in 2025
Byoung Tak
Dream Realty La Crescenta
1 in this area
16 Total Sales
-
Patty Rodriguez
P
Buyer's Agent in 2025
Patty Rodriguez
Central Coast Real Estate
(805) 984-8662
1 in this area
15 Total Sales
-
Anh Tran
Seller's Agent in 2024
Anh Tran
Keller Williams Larchmont
(310) 430-1333
47 in this area
53 Total Sales
-
Erica Jung
Buyer's Agent in 2024
Erica Jung
Dream Realty & Investments Inc
(213) 221-9318
1 in this area
66 Total Sales
About Promenade West
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD25059026
APN: 5151-016-102
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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