Promenade West 880 W 1st St Unit 709 Los Angeles, CA 90012
Downtown LA Neighborhood
2
Beds
2
Baths
1,232
Sq Ft
$1,000/mo
HOA Fee
Highlights
- Concierge
- 24-Hour Security
- Gated Parking
- Fitness Center
- In Ground Pool
- Two Primary Bedrooms
About This Home
As of May 20242+2+2+2 Classic end unit with only one shared wall at the luxurious Promenade West features 2 separate bedroom on either side of the home, 2 baths, 2 private terraces and 2 parking spaces. Promenade West is one of LA's finest full-service buildings. The building has 24-hour concierge and security, resort-like amenities including a pool, spa, gym, sauna, conference room with kitchen, and meeting room. The residents here enjoy lush lawns, gardens and beautiful landscaping with a waterfall and a private dog park. There is onsite laundry and guest parking. Just steps away from the Disney Concert Hall, Ahmanson Theatre, Mark Taper Forum, Dorothy Chandler Pavilion, The Broad Museum, Grand Park and many casual and fine dining establishments.
Last Agent to Sell the Property
Coldwell Banker Exclusive License #01309009 Listed on: 03/30/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,910
Year Built
- Built in 1982
HOA Fees
- $1,000 Monthly HOA Fees
Home Design
- Contemporary Architecture
Interior Spaces
- 1,232 Sq Ft Home
- Built-In Features
- Carpet
- City Lights Views
- Laundry Room
Kitchen
- Oven or Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Double Master Bedroom
- 2 Full Bathrooms
Home Security
Parking
- 2 Parking Spaces
- Gated Parking
- Guest Parking
- Controlled Entrance
Pool
- In Ground Pool
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 5151-016-134
Community Details
Overview
- Association fees include building and grounds, cable TV, concierge, earthquake insurance, maintenance paid, trash, water and sewer paid
- 140 Units
- Low-Rise Condominium
- 8-Story Property
Amenities
- Concierge
- Outdoor Cooking Area
- Community Barbecue Grill
- Picnic Area
- 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
- Gated Community
- Carbon Monoxide Detectors
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 20, 2024
Closed on
May 2, 2024
Sold by
Choi Edward and Choi Hyesun
Bought by
Canada Greg and Canada Lindsay
Seller's Agent
Jennifer Naim
The Beverly Hills Estates
Buyer's Agent
Daniel Kim
ehomes
List Price
$665,000
Sold Price
$625,000
Premium/Discount to List
-$40,000
-6.02%
Views
52
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
-$4,786
Avg. Annual Appreciation
-0.59%
Original Mortgage
$520,000
Outstanding Balance
$513,066
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$107,148
Purchase Details
Listed on
Mar 30, 2020
Closed on
May 28, 2020
Sold by
Maringo Inc
Bought by
Choi Edward and Choi Hyesun
Seller's Agent
Bill Cooper
Coldwell Banker Exclusive
Buyer's Agent
John Paul Palella
Excellence RE Real Estate, Inc.
List Price
$520,000
Sold Price
$515,000
Premium/Discount to List
-$5,000
-0.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%
Original Mortgage
$360,500
Interest Rate
3.3%
Mortgage Type
New Conventional
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $625,000 | Fidelity National Title | |
| Grant Deed | $515,000 | Chicago Title | |
| Quit Claim Deed | -- | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $520,000 | New Conventional | |
| Previous Owner | $360,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/09/2024 05/09/24 | Sold | $625,000 | -4.6% | $507 / Sq Ft |
| 04/18/2024 04/18/24 | Pending | -- | -- | -- |
| 04/02/2024 04/02/24 | Price Changed | $655,000 | -1.5% | $532 / Sq Ft |
| 02/20/2024 02/20/24 | For Sale | $665,000 | +29.1% | $540 / Sq Ft |
| 06/03/2020 06/03/20 | Sold | $515,000 | -1.0% | $418 / Sq Ft |
| 04/15/2020 04/15/20 | Pending | -- | -- | -- |
| 03/30/2020 03/30/20 | For Sale | $520,000 | -- | $422 / 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 | $6,910 | $637,500 | $194,412 | $443,088 |
| 2024 | $6,910 | $552,180 | $331,309 | $220,871 |
| 2023 | $6,776 | $541,354 | $324,813 | $216,541 |
| 2022 | $6,462 | $530,741 | $318,445 | $212,296 |
| 2021 | $6,374 | $520,335 | $312,201 | $208,134 |
| 2020 | $5,586 | $444,393 | $165,571 | $278,822 |
| 2019 | $5,369 | $435,680 | $162,325 | $273,355 |
| 2018 | $5,353 | $427,139 | $159,143 | $267,996 |
| 2016 | $5,114 | $410,555 | $152,964 | $257,591 |
| 2015 | $5,036 | $404,389 | $150,667 | $253,722 |
| 2014 | $5,058 | $396,468 | $147,716 | $248,752 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Naim
J
Seller's Agent in 2024
Jennifer Naim
The Beverly Hills Estates
(310) 432-6400
1 in this area
9 Total Sales
-
Trenton Armitage
T
Seller Co-Listing Agent in 2024
Trenton Armitage
The Beverly Hills Estates
(818) 919-6640
1 in this area
8 Total Sales
-
Daniel Kim
Buyer's Agent in 2024
Daniel Kim
ehomes
(818) 795-6021
1 in this area
31 Total Sales
-
Bill Cooper
Seller's Agent in 2020
Bill Cooper
Coldwell Banker Exclusive
(310) 721-2455
21 in this area
35 Total Sales
-
John Paul Palella
Buyer's Agent in 2020
John Paul Palella
Excellence RE Real Estate, Inc.
(562) 569-1851
16 Total Sales
About Promenade West
Map
Source: The MLS
MLS Number: 20-567582
APN: 5151-016-134
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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