Promenade West 880 W 1st St Unit 704 Los Angeles, CA 90012
Downtown LA Neighborhood
2
Beds
2
Baths
1,348
Sq Ft
2.84
Acres
Highlights
- Concierge
- 24-Hour Security
- 123,904 Sq Ft lot
- Fitness Center
- In Ground Pool
- Clubhouse
About This Home
As of April 2021With the beautiful view of city lights and green courtyard, this remodeled unit features 2 BR / 2 BA with a spacious balcony in one of the most prestigious buildings in Downtown. The master bedroom has a spacious walk-in closet, and plenty of built-ins throughout. The building has plenty of visitor parking space, concierge and 24-hr security, sauna, fitness center, recently remodeled pool and spa, community room and BBQ, and rarely enough, on-site dog park! It is a step away to Disney Concert Hall, Dorothy Chandler Pavilion, and many more of entertaining areas nearby. A very desirable place to live and enjoy. Very easy to show. Please contact the listing agent for showing instruction.
Last Buyer's Agent
William Merkel
License #00964258
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,410
Year Built
- Built in 1982
Interior Spaces
- 1,348 Sq Ft Home
- Built-In Features
- Living Room
- Wood Flooring
- Courtyard Views
- Laundry Room
Kitchen
- Oven or Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Parking
- Detached Garage
- Guest Parking
Outdoor Features
- In Ground Pool
- Open Patio
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 5151-016-129
Community Details
Overview
- 135 Units
- Maintained Community
Amenities
- Concierge
- Community Barbecue Grill
- Sauna
- Clubhouse
- Banquet Facilities
- Elevator
Recreation
- Community Pool
- Community Spa
Pet Policy
- Pets Allowed
Security
- 24-Hour Security
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 26, 2020
Closed on
Apr 7, 2021
Sold by
Czajika Edward J
Bought by
Fisher Rebecca L and Willis Kennedy A
Seller's Agent
William Merkel
No Firm Affiliation
List Price
$598,000
Sold Price
$558,000
Premium/Discount to List
-$40,000
-6.69%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,425
Avg. Annual Appreciation
3.89%
Original Mortgage
$502,200
Outstanding Balance
$456,085
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$202,653
Purchase Details
Listed on
Jan 27, 2015
Closed on
Apr 8, 2015
Sold by
Gi Boyng Ki
Bought by
Czajka Edward J
Seller's Agent
Sandra Joo
Max Mega Group
Buyer's Agent
William Merkel
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.83%
Original Mortgage
$400,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 26, 2003
Sold by
Occidental Underwriters Of Hawaii Ltd
Bought by
Gi Boyng Ki and Gi Toni Eunjung
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 20, 1996
Sold by
Kagawa Siegfred S
Bought by
Occidental Underwriters Of Hawaii Ltd
Purchase Details
Closed on
Jan 30, 1995
Sold by
Kagawa Siegfred S
Bought by
Kagawa Siegfred Seiichi
Similar Homes in the area
Create a Home Valuation Report for This Property
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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 | $558,000 | Lawyers Title | |
| Grant Deed | $500,000 | Fidelity National Title Co | |
| Grant Deed | $395,000 | Fidelity National Title | |
| Grant Deed | $39,000 | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $502,200 | New Conventional | |
| Previous Owner | $395,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $400,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $150,000 | Unknown | |
| Previous Owner | $192,000 | Credit Line Revolving | |
| Previous Owner | $316,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2021 04/30/21 | Sold | $558,000 | -3.5% | $414 / Sq Ft |
| 11/16/2020 11/16/20 | Price Changed | $578,000 | -3.3% | $429 / Sq Ft |
| 10/26/2020 10/26/20 | For Sale | $598,000 | +19.6% | $444 / Sq Ft |
| 04/14/2015 04/14/15 | Sold | $500,000 | -4.8% | $371 / Sq Ft |
| 03/03/2015 03/03/15 | Pending | -- | -- | -- |
| 01/27/2015 01/27/15 | For Sale | $525,000 | -- | $389 / Sq Ft |
Source: The MLS
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 |
|---|---|---|---|---|
| 2025 | $7,410 | $603,994 | $299,832 | $304,162 |
| 2024 | $7,410 | $592,152 | $293,953 | $298,199 |
| 2023 | $7,266 | $580,542 | $288,190 | $292,352 |
| 2022 | $6,929 | $569,160 | $282,540 | $286,620 |
| 2021 | $6,801 | $555,158 | $222,063 | $333,095 |
| 2020 | $6,865 | $549,467 | $219,787 | $329,680 |
| 2019 | $6,596 | $538,694 | $215,478 | $323,216 |
| 2018 | $6,579 | $528,132 | $211,253 | $316,879 |
| 2016 | $6,286 | $507,625 | $203,050 | $304,575 |
| 2015 | $5,800 | $467,280 | $147,872 | $319,408 |
| 2014 | $5,824 | $458,128 | $144,976 | $313,152 |
Source: Public Records
Agents Affiliated with this Home
-
W
Seller's Agent in 2021
William Merkel
No Firm Affiliation
-
Sandra Joo
S
Seller's Agent in 2015
Sandra Joo
RE/MAX
(213) 321-5060
2 in this area
23 Total Sales
About Promenade West
Map
Source: The MLS
MLS Number: 15-824505
APN: 5151-016-129
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