$515,000
SOLD JUN 3, 2020
2 Beds
2 Baths
1,232 Sq Ft
$1,000/mo HOA Fee

Recently Sold

$418 Per Sq Ft

1% Below List Price

16 Days on Market

Highlights

  • Concierge
  • 24-Hour Security
  • Gated Parking
  • Fitness Center
  • In Ground Pool
  • Two Primary Bedrooms

About This Home

As of May 2024

2+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

Bill Cooper

Coldwell Banker Exclusive License #01309009 Listed on: 03/30/2020

Coldwell Banker Exclusive

Last Buyer's Agent

John Paul Palella

Excellence RE Real Estate, Inc. License #02047961

Excellence RE Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,910

Year Built

  • Built in 1982

HOA Fees

  • $1,000 Monthly HOA Fees

Property Views

  • City Lights
  • Trees

Home Design

  • Contemporary Architecture
  • Entry on the 7th floor

Interior Spaces

  • 1,232 Sq Ft Home
  • Built-In Features
  • Carpet
  • 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
  • Maintained Community
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,910

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1,000 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Promenade West Homeowners Association
  • Entry Floor: 7
  • Living Area: 1232
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 8
  • Unit Floor In Building: 7
  • Year Built: 1982
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community, Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Cable, Dishwasher, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 422.08

Exterior Features

  • Balcony: Two
  • Exposure: S/E
  • Pool Description: Association Pool
  • Pool: Yes
  • View: City Lights, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage, Controlled Entrance, Covered Parking
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: 24 Hour, Carbon Monoxide Detector(s), Community, Fire and Smoke Detection System, Fire Sprinklers, T.V.

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Banquet, Clubhouse, Concierge, Controlled Access, Elevator, Exercise Room, Fitness Center, Gated Community, Gated Parking, Greenbelt/Park, Guest Parking, Hot Water, Meeting Room, Onsite Property Management, Outdoor Cooking Area, Picnic Area, Pool, Sauna, Security, Spa
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Cable TV, Concierge, Earthquake Insurance, Maintenance Paid, Trash, Water and Sewer Paid
  • HOA Fees: 1000.13
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5151-016-134
  • Geocode Override: No
  • Lot Size Area: 123904

Multi Family

  • Number Of Units: 140

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
$631,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,583
Avg. Annual Appreciation
-0.57%
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
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 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

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 $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

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Map

Source: The MLS

MLS Number: 20-567582

The MLS

APN: 5151-016-134