NOT LISTED FOR SALE

Estimated Value: $591,000 - $693,000

1 Bed
1 Bath
770 Sq Ft
$800/mo HOA Fee

Last Sold August 23, 2022

Last sale price $585,000 $760 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,757/month

57 Days on Market

Highlights

  • Spa
  • 2.27 Acre Lot
  • Main Floor Bedroom
  • City Lights View
  • Clubhouse
  • Living Room

About This Home

As of August 2022

Discover Metropolis Tower R-1 in the Heart of Downtown LA. Offering highly refined interior finishes, unparalleled services, and exceptional amenities, Metropolis is truly a lifestyle of distinction. Live in this luxury unit 1002-A, which has a spectacular view of daytime scenery as well as the terrific city lights in the evening. This upgraded unit features 1 bedroom and 1 bath, modern kitchen with completely new appliances including refrigerator, microwave, oven, stove and dishwasher. Hardwood floors throughout. Moments from city’s most celebrated attractions including Staples Center, LA Lives, Southpark, and an array of restaurants. The fabulous amenities offer exclusively to the residents the sky-park, outdoor sparkling pool/spa, expansive fitness center, private screening room, yoga studio, spa and steam, and attentive concierge services. Why go anywhere else, when here has everything you desired.

Last Agent to Sell the Property

Johnney Zhang

Primior Management Inc License #01996880 Listed on: 05/05/2022

Last Buyer's Agent

William Shin

First Team Real Estate License #02066080

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,329

Year Built

  • Built in 2017

Lot Details

  • Two or More Common Walls

HOA Fees

  • $800 Monthly HOA Fees

Parking

  • 1 Open Parking Space
  • 1 Car Garage

Interior Spaces

  • 770 Sq Ft Home
  • Living Room
  • Living Room Balcony
  • City Lights Views
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Spa
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 66352
  • Assessor Parcel Number 5144023195
  • $155 per year additional tax assessments

Community Details

Overview

  • 310 Units
  • First Service Residential Association, Phone Number (800) 400-2284
  • Action Poperty Management HOA

Amenities

Recreation

  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,329

Year Built

Built in 2017

Lot Details

0

HOA Fees

$800 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAC2
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5144023195
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 770.00 Square Feet
  • Interior Amenities: Living Room Balcony
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 759.74
  • Room Type: Living Room, Main Floor Bedroom
  • Spa Features: Association

Exterior Features

  • View: City Lights
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Other, Unknown
  • Water Source: Other
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Clubhouse
  • Association Fee: 800.00
  • Association Fee Frequency: Monthly
  • Association Name: First Service Residential
  • Phone: 8004002284
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights
  • Association Management: Action Poperty Management

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 98914.00
  • Lot Size Acres: 2.2708

Multi Family

  • Lease Considered: No
  • Lot Size Area: 98914.0000 Square Feet
  • Number Of Units In Community: 310
  • Number Of Units Total: 310

Tax Info

  • Tax Census Tract: 2077.11
  • Tax Lot: 3
  • Tax Tract Number: 66352
  • TaxOtherAnnualAssessmentAmount: 155.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Jul 27, 2022
Sold by
Jing Zhang
Bought by
Cho Seoyeon
Seller's Agent
Johnney Zhang
Primior Management Inc
Buyer's Agent
William Shin
First Team Real Estate
List Price
$599,000
Sold Price
$585,000
Premium/Discount to List
-$14,000
-2.34%
Total Days on Market
57
Current Estimated Value
$630,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,335
Avg. Annual Appreciation
2.73%
Original Mortgage
$385,000
Outstanding Balance
$369,998
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$260,337

Purchase Details

Closed on
Dec 1, 2017
Sold by
Wu Mingang
Bought by
Zhang Jing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 21, 2017
Sold by
Greenland La Metropolis Development Llc
Bought by
Zhang Jing
Source: Public Records

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Range of Values:

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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
Cho Seoyeon $585,000 Fidelity National Builders Ser
Zhang Jing -- Old Republic Title Company
Zhang Jing $750,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cho Seoyeon $385,000
Previous Owner Zhang Jing $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2022 08/23/22 Sold $585,000 -2.3% $760 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
05/27/2022 05/27/22 Price Changed $599,000 -3.4% $778 / Sq Ft
05/23/2022 05/23/22 Price Changed $620,000 -3.9% $805 / Sq Ft
05/06/2022 05/06/22 Price Changed $645,000 +7.7% $838 / Sq Ft
05/05/2022 05/05/22 For Sale $599,000 0.0% $778 / Sq Ft
06/14/2019 06/14/19 Rented $3,080 -3.1% --
05/10/2019 05/10/19 For Rent $3,180 +5.0% --
05/10/2018 05/10/18 Rented $3,030 -2.3% --
04/03/2018 04/03/18 Price Changed $3,100 +3.3% $4 / Sq Ft
04/03/2018 04/03/18 Price Changed $3,000 -9.1% $4 / Sq Ft
01/12/2018 01/12/18 For Rent $3,300 -- --
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
2024 $7,329 $596,700 $117,300 $479,400
2023 $7,187 $585,000 $115,000 $470,000
2022 $9,541 $804,331 $482,671 $321,660
2021 $9,422 $788,560 $473,207 $315,353
2019 $9,136 $765,172 $459,172 $306,000
2018 $5,293 $425,911 $109,242 $316,669
2017 $2,795 $232,560 $107,100 $125,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR22090491

California Regional Multiple Listing Service (CRMLS)

APN: 5144-023-195