NOT LISTED FOR SALE

Estimated Value: $642,000 - $842,000

1 Bed
1.5 Baths
843 Sq Ft
2.27 Acres

Last Sold February 28, 2022

Last sale price $704,000 $835 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,599/month

Highlights

  • Concierge
  • Steam Room
  • 24-Hour Security
  • Community Cabanas
  • Fitness Center
  • Gated Parking

About This Home

As of April 2022

Discover Metropolis Tower 1 Residences. An Urban Sanctuary, with breathtaking views in every direction. On a clear day, look out to Santa Monica, Century City, and planes landing at LAX from this south facing high floor home. Relax after work with panoramic dream views of DTLA. Arrive home through a grand motor court, and have Staples Center, Financial District, SouthPark and the all of DTLA's exciting destinations at your doorstep. Exercise and entertain in the over 40,000 sf of indoor/outdoor clubhouse, MetSix featuring a dog friendly Sky-park, a sparkling residents only pool and cabanas. private cinema, expansive fitness center, billiards, yoga, spa/steam, and video business center only for residents. Indulge in 5 star attentive residential conceirge service and Access membership with dining & room discounts at Hotel Indigo, and enjoy all inclusive living with ample bicycle and guest parking, storage unit, 1G Fiber Optic Internet, Wifi, Gas, Water, Trash provide with every home.

Last Agent to Rent the Property

Lapchih Fan

LF8 Real Estate Inc. License #01928123 Listed on: 03/03/2022

Co-Listed By

Jie Yang

LF8 Real Estate Inc. License #02055142

Last Renter's Agent

Jie Yang

LF8 Real Estate Inc. License #02055142

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,966

Year Built

  • Built in 2017

Lot Details

  • South Facing Home

Interior Spaces

  • 843 Sq Ft Home
  • Built-In Features

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Gated Parking
  • Guest Parking
  • Parking Garage Space

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Security Deposit $3,375
  • $500 Move-In Fee
  • Tenant pays for cable TV, electricity, move in fee, move out fee
  • Rent includes water, trash collection, pool, gas, gardener, association dues
  • 12 Month Lease Term

Community Details

Overview

  • 308 Units
  • Action Property Mgmt Association
  • High-Rise Condominium
  • Maintained Community
  • 40-Story Property

Amenities

  • Concierge
  • Valet Parking
  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Steam Room
  • Billiard Room
  • Meeting Room
  • Community Storage Space

Recreation

  • Community Cabanas
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Deposit $1,000

Security

  • 24-Hour Security
  • Resident Manager or Management On Site

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,966

Year Built

Built in 2017

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Deposit Key: 200.00
  • Pet Deposit: 1000.00
  • Not Included In Rent: Cable, Electricity, Move In/Out Fees
  • Rent Control: No
  • Rent Includes: Water, Trash Collection, Pool, Gas, Gardener, Association Dues
  • Security Deposit: 3375
  • Tenant Pays: Cable TV, Electricity, Move In Fee, Move Out Fee
  • Total Move In Costs: 500.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Type: Residential Lease
  • Style: High or Mid-Rise Condo
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Advertising Remarks: Discover Metropolis Tower 1 Residences. An Urban Sanctuary, with breathtaking views in every direction. On a clear day, look out to Santa Monica, Century City, and planes landing at LAX from this south facing high floor home. Relax after work with panoramic dream views of DTLA. Arrive home through a grand motor court, and have Staples Center, Financial District, SouthPark and the all of DTLA's exciting destinations at your doorstep. Exercise and entertain in the over 40,000 sf of indoor/outdoor clubhouse, MetSix featuring a dog friendly Sky-park, a sparkling residents only pool and cabanas. private cinema, expansive fitness center, billiards, yoga, spa/steam, and video business center only for residents. Indulge in 5 star attentive residential conceirge service and Access membership with dining & room discounts at Hotel Indigo, and enjoy all inclusive living at its finest.
  • Complex Name: Metropolis Tower 1
  • Entry Floor: 32
  • Lease Terms: 1+Year
  • Living Area: 843
  • Monthto Month: No
  • Stories: 40
  • Unit Floor In Building: 32
  • Year Built: 2017
  • Number Of Photos: 41
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Ceramic Tile, Hardwood, Stone Tile
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Refrigerator, Vented Exhaust Fan, Washer
  • Inclusions: Parking, Storage unit, Fiber Optic Internet, Wifi, Water, Gas, Trash, Clubhouse, Conceirge level service
  • Price Per S Q F T: 3.80

Exterior Features

  • Direction Faces: South
  • Pool Description: Association Pool
  • Pool: Yes
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Community Garage
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Billiard Room, Clubhouse, Concierge, Conference, Extra Storage, Fitness Center, Gated Parking, Guest Parking, Meeting Room, Onsite Property Management, Outdoor Cooking Area, Picnic Area, Pool, Private Cabana, Spa, Steam Room, Valet Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • Management Company: Action Property Mgmt

Lot Info

  • Assessor Parcel Number: UNAVAILABLE

Multi Family

  • Number Of Units: 308

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Feb 7, 2022
Sold by
Cheng Hu
Bought by
Kakker Shachi Nandan and Kakkar Sunil
Seller's Agent
Daisy Dai
Harvest Realty Development
Buyer's Agent
Beata Mandell
The Executive Realty Group
List Price
$699,000
Sold Price
$704,000
Premium/Discount to List
$5,000
0.72%
Current Estimated Value
$712,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,482
Avg. Annual Appreciation
-0.41%

Purchase Details

Closed on
Mar 22, 2017
Sold by
Greenland La Metropolis Development I Ll
Bought by
Hu Cheng
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
Kakker Shachi Nandan $704,000 First American Title Company O
Hu Cheng $934,000 Old Republic Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2022 04/11/22 Rented $3,200 0.0% --
03/10/2022 03/10/22 Price Changed $3,200 -5.2% $4 / Sq Ft
03/03/2022 03/03/22 For Rent $3,375 0.0% --
02/28/2022 02/28/22 Sold $704,000 +0.7% $835 / Sq Ft
01/07/2022 01/07/22 Pending -- -- --
11/05/2021 11/05/21 Price Changed $699,000 0.0% $829 / Sq Ft
11/05/2021 11/05/21 For Sale $699,000 -0.7% $829 / Sq Ft
11/02/2021 11/02/21 Off Market $704,000 -- --
10/09/2021 10/09/21 Price Changed $770,000 -1.3% $913 / Sq Ft
09/09/2021 09/09/21 Price Changed $780,000 -2.4% $925 / Sq Ft
08/18/2021 08/18/21 For Sale $799,000 -- $948 / 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 $8,966 $747,088 $221,791 $525,297
2024 $8,966 $732,441 $217,443 $514,998
2023 $8,791 $718,080 $213,180 $504,900
2022 $12,080 $1,021,461 $255,911 $765,550
2021 $11,931 $1,001,434 $250,894 $750,540
2019 $11,569 $971,733 $243,453 $728,280
2018 $11,602 $952,680 $238,680 $714,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-132945

The MLS

APN: 5144-032-091