NOT LISTED FOR SALE

Promenade West 880 W 1st St Unit 701 Los Angeles, CA 90012

Downtown LA Neighborhood

Estimated Value: $628,000 - $639,000

2 Beds
2 Baths
1,228 Sq Ft
$515/Sq Ft Est. Value

Last Sold August 20, 2015

Last sale price $520,000 $423 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,170/month

About This Home

As of August 2015

*AVAILABLE FOR IMMEDIATE MOVE IN* Stunning remodeled 2B/2B Unit at The Promenade West. Large & Bright Open Floor Plan w/ 1228 SQFT of Living Space + 2 large private patios with retractable awnings. Come home to expansive views of the DTLA skyline, Tree Tops, and pool From the balconies. Completely Remodeled Kitchen w/ Caesarstone Counter Tops, Brand new Bertazzoni Stainless Steel Appliances, Refrigerator, Dishwasher, LG microwave/air fryer/convection oven, & Custom Lighting. Elegantly remodeled Bathrooms with large stone tiled showers, designer fixtures, and designer cabinetry w/ brass finishes. Large Master Walk In Closet. Dark finished hardwood floors throughout. 2 SIDE x SIDE parking spaces in underground secured garage. 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 Musuem, Restaurants, Courts, City Hall, & Upcoming Metro Regional Connector.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2015
Closed on
Jul 24, 2015
Sold by
Pau Jeffrey Nguyen
Bought by
Welsh Benjamin L and Welsh Amanda Rousaville
Seller's Agent
Bill Cooper
Coldwell Banker Exclusive
Buyer's Agent
Anh Tran
Keller Williams Larchmont
List Price
$548,000
Sold Price
$520,000
Premium/Discount to List
-$28,000
-5.11%
Current Estimated Value
$632,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,567
Avg. Annual Appreciation
2.02%
Original Mortgage
$416,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2004
Sold by
Yang Calvin Yung Ching
Bought by
Pua Jeffrey Nguyen and Pua Christopher Nguyen Hoang Jaan

Purchase Details

Closed on
Oct 6, 1998
Sold by
Chao Maria T
Bought by
Yang Calvin Yung Ching and Lin Amy San Yung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Interest Rate
6.54%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Welsh Benjamin L $520,000 Chicago Title Company
Pua Jeffrey Nguyen $565,000 Southland Title
Yang Calvin Yung Ching $178,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welsh Benjamin L $379,700
Closed Welsh Benjamin L $416,000
Previous Owner Yang Calvin Yung Ching $200,000
Previous Owner Yang Calvin Yung Ching $26,700
Previous Owner Yang Calvin Yung Ching $142,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2023 06/07/23 Rented $3,500 0.0% --
05/22/2023 05/22/23 Price Changed $3,500 -9.1% $3 / Sq Ft
05/04/2023 05/04/23 For Rent $3,850 0.0% --
08/20/2015 08/20/15 Sold $520,000 -5.1% $386 / Sq Ft
06/23/2015 06/23/15 Pending -- -- --
06/08/2015 06/08/15 For Sale $548,000 0.0% $407 / Sq Ft
08/14/2012 08/14/12 Rented $2,500 -5.7% --
08/14/2012 08/14/12 Under Contract -- -- --
06/11/2012 06/11/12 For Rent $2,650 -- --

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 $7,441 $603,498 $287,474 $316,024
2023 $7,294 $591,666 $281,838 $309,828
2022 $6,954 $580,065 $276,312 $303,753
2021 $6,859 $568,693 $270,895 $297,798
2019 $6,650 $551,827 $262,861 $288,966
2018 $6,631 $541,007 $257,707 $283,300
2016 $6,334 $520,000 $247,700 $272,300
2015 $5,583 $457,300 $182,400 $274,900
2014 $5,259 $420,000 $167,500 $252,500
Source: Public Records

Agents Affiliated with this Home

  • Anh Tran

    Seller's Agent in 2023

    Anh Tran

    Keller Williams Larchmont

    (310) 430-1333

    47 in this area

    53 Total Sales

    Anh Tran
    Section Image
  • Bill Cooper

    Seller's Agent in 2015

    Bill Cooper

    Coldwell Banker Exclusive

    (310) 721-2455

    21 in this area

    35 Total Sales

    Bill Cooper
    Section Image
  • Russell & Evan Team

    Buyer's Agent in 2012

    Russell & Evan Team

    Wilshire Metro Realty, Inc.

    (213) 422-3368

    30 in this area

    78 Total Sales

    Section Image

  • E

    Buyer's Agent in 2012

    Evan T. Fujii

    Wilshire Metro Realty, Inc.

See All Agents

About Promenade West

Map

California Los Angeles County Los Angeles 90012 Downtown LA

880 W 1st St Unit 701, Los Angeles, CA

This home is located at 880 W 1st St Unit 701, Los Angeles, CA 90012 and is currently estimated at $632,567, approximately $515 per square foot. 880 W 1st St Unit 701 is a home located in Los Angeles County with nearby schools including Castelar Elementary School, Sal Castro Middle School, and Ramón C. Cortines School of Visual and Performing Arts.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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