NOT LISTED FOR SALE

Estimated Value: $617,000 - $714,000

2 Beds
2 Baths
1,348 Sq Ft
$1,026/mo HOA Fee

Last Sold April 11, 2018

Last sale price $598,000 $444 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,183/month

54 Days on Market

Highlights

  • Concierge
  • Neighborhood Views
  • Fireplace
  • 123,895 Sq Ft lot
  • Community Pool
  • Side by Side Parking

About This Home

As of April 2018

Welcome to this spacious 2BD/2BA property in the heart of Downtown Los Angeles in the Bunker Hill District! The true definition of living a grand city life, this property offers a great amount of amenities with everyone’s needs in mind. This full service condominium complex is one of the original DTLA condo communities and features controlled access with 24 hour security, concierge, on-site manager, guest parking, fitness center, pool, sauna, a gorgeous courtyard with luscious greenery and serene waterfalls, convenient on-site dog park for your furry friend, and many more! The possibilities are endless in this highly desired location that is close to many retails, restaurants, and popular destinations such as Disney Concert Hall, The Broad, The Museum of Contemporary Art, The Staples Center, and many more. This property features 1,348 sqft of living space that includes Central AC and heat, fireplace, a balcony or open patio with stunning views, hardwood and tile flooring throughout, all appliances included in the kitchen, and basic cable TV. Nearby schools include Castelar Street Elementary and Belmont Senior High.

Last Agent to Sell the Property

Eric Delgado

Luxury Collective License #01831579 Listed on: 01/06/2018

Co-Listed By

Steven Ejiofor

The Agency License #01956782

The Agency

Last Buyer's Agent

Steven Ejiofor

The Agency License #01956782

The Agency

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,225

Year Built

  • Built in 1982

Lot Details

  • 1 Common Wall
  • Landscaped

HOA Fees

  • $1,026 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Side by Side Parking
  • Assigned Parking

Interior Spaces

  • 1,348 Sq Ft Home
  • Fireplace
  • Living Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 39578
  • Assessor Parcel Number 5151016131

Community Details

Overview

  • 135 Units
  • The Promenade West Association, Phone Number (213) 617-0262
  • Maintained Community

Amenities

  • Concierge

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Security

  • Security Service
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,225

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1,026 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR5
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5151016131
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1348.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 443.62
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Playground, Cable TV, Concierge, Earthquake Insurance, Electricity, Gas, Maintenance Grounds, Trash, Water, Dues Paid Monthly, Security, Controlled Access
  • Association Fee: 1026.31
  • Association Fee Frequency: Monthly
  • Association Name: The Promenade West
  • Phone: 213-617-0262
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 123895.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 135
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2075.01
  • Tax Lot: 1
  • Tax Tract Number: 39578

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2018
Closed on
Mar 14, 2018
Sold by
Ahmadzada Noor
Bought by
Perez John A
Seller's Agent
Eric Delgado
Luxury Collective
Buyer's Agent
Steven Ejiofor
The Agency
List Price
$629,900
Sold Price
$598,000
Premium/Discount to List
-$31,900
-5.06%
Current Estimated Value
$654,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,953
Avg. Annual Appreciation
1.22%
Original Mortgage
$478,400
Outstanding Balance
$410,435
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$244,518

Purchase Details

Closed on
Jan 29, 2008
Sold by
Nationstar Mortgage Llc
Bought by
Ahmadzada Noor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2007
Sold by
Marroquin Otto F Robles
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
May 5, 2006
Sold by
Robles Beatriz D
Bought by
Marroquin Otto F Robles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
6.41%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 14, 2006
Sold by
Nakada Jay Hee
Bought by
Marroquin Otto F Robles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
6.41%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 9, 2005
Sold by
Gong James
Bought by
Nakada Jay Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,200
Interest Rate
6.97%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 21, 2005
Sold by
Foreman Gary
Bought by
Nakada Jay Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,200
Interest Rate
6.97%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Perez John A $598,000 Lawyers Title Company
Ahmadzada Noor $525,000 Lsi Title Company
Nationstar Mortgage Llc $599,908 Accommodation
Marroquin Otto F Robles -- First American Title
Marroquin Otto F Robles $715,000 Fatcola
Nakada Jay Hee -- Lawyers Title
Nakada Jay Hee $578,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez John A $478,400
Previous Owner Ahmadzada Noor $393,000
Previous Owner Marroquin Otto F Robles $143,000
Previous Owner Marroquin Otto F Robles $572,000
Previous Owner Nakada Jay Hee $520,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2018 04/11/18 Sold $598,000 -5.1% $444 / Sq Ft
03/01/2018 03/01/18 Pending -- -- --
01/06/2018 01/06/18 For Sale $629,900 0.0% $467 / Sq Ft
12/05/2014 12/05/14 Rented $3,000 -6.3% --
12/05/2014 12/05/14 Under Contract -- -- --
08/17/2014 08/17/14 For Rent $3,200 -- --
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
2025 $8,225 $680,417 $398,238 $282,179
2024 $8,225 $667,077 $390,430 $276,647
2023 $8,063 $653,998 $382,775 $271,223
2022 $7,687 $641,175 $375,270 $265,905
2021 $7,582 $628,604 $367,912 $260,692
2019 $7,351 $609,960 $357,000 $252,960
2018 $7,020 $565,000 $226,000 $339,000
2016 $6,624 $536,000 $214,000 $322,000
2015 $5,451 $438,000 $175,000 $263,000
2014 $5,433 $426,000 $170,000 $256,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18004194

California Regional Multiple Listing Service (CRMLS)

APN: 5151-016-131