NOT LISTED FOR SALE

Estimated Value: $478,000 - $581,000

1 Bed
1 Bath
480 Sq Ft
$790/mo HOA Fee

Last Sold February 24, 2023

Last sale price $485,000 $1,010 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,218/month

36 Days on Market

Highlights

  • Spa
  • 2.27 Acre Lot
  • Built-In Features
  • City Lights View
  • 1 Car Attached Garage
  • Bathtub with Shower

About This Home

As of February 2023

High Floor DTLA views Studio at Metropolis. Most Luxurious Contemporary Condominium in the Heart of Downtown Los Angeles. Hotel Studio, 1 bath, open kitchen with high end BOSCH appliance including microwave, oven, washer and dryer. Unit features with 10' ceilings, window coverings nest control system and 6" wide oak flooring.
Come experience Metropolis and the finest amenities it has to offer. Metropolis consists of 3 residential towers, the boutique Hotel Indigo and retail tenants. Tower 1 offers Concierge, Pool and Spa, Fitness Center, Dog Park, Movie Room, Conference Room, Meeting Room, Billiards Room, Game Room, Yoga Studio, Fire pits, BBQ Area. Fine Dining and Top Floor Bar at Indigo Hotel. Walking distance to the Shops at FIGat7th, LA Live, & Crypto.com Arena.
Waiting to be called yours! Don’t miss this rare opportunity!

Last Agent to Sell the Property

Troy Kuo

In Realty Inc. License #01849263 Listed on: 01/11/2023

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,056

Year Built

  • Built in 2017

Lot Details

  • 2.27

HOA Fees

  • $790 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Community Parking Structure

Home Design

  • Studio

Interior Spaces

  • 480 Sq Ft Home
  • Built-In Features
  • Entryway
  • Living Room
  • City Lights Views

Kitchen

  • Electric Oven
  • Built-In Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Spa
  • Two or More Common Walls
  • Urban Location

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 66352
  • Assessor Parcel Number 5144032094

Community Details

Overview

  • Metropolis I Condominium Owners Association, Phone Number (213) 254-4612

Recreation

  • Community Spa
  • Park
  • Dog Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,056

Year Built

Built in 2017

Lot Details

0

HOA Fees

$790 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Ad Number: 626-802-0335
  • Other Phone Description: Cell Phone
  • Other Phone Number: 626-802-0335
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAC2
  • Property Sub Type: Studio
  • Property Type: Residential
  • Parcel Number: 5144032094
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 480.00 Square Feet
  • Interior Amenities: Built-in Features
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • 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: 1010.42
  • Room Type: Entry, Kitchen, Living Room, Master Bathroom, Master Bedroom
  • Spa Features: Community
  • Bathroom Features: Bathtub, Shower In Tub

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Community Structure
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Oven, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 790.00
  • Association Fee Frequency: Monthly
  • Association Name: Metropolis I Condominium Owners Association
  • Phone: 213-254-4612
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Dog Park, Park, Urban
  • Association Management: Metropolis I Condominium Owners Association

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 98925.00
  • Lot Size Acres: 2.2710

Multi Family

  • Lease Considered: No
  • Lot Size Area: 98925.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 66352

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
Feb 15, 2023
Sold by
Cao Xinyue
Bought by
Xu Jin
Seller's Agent
Troy Kuo
In Realty Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$528,000
Sold Price
$485,000
Premium/Discount to List
-$43,000
-8.14%
Total Days on Market
36
Views
55
Current Estimated Value
$520,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,816
Avg. Annual Appreciation
3.20%

Purchase Details

Closed on
Dec 26, 2019
Sold by
Greenland La Metropolis Dev I Llc
Bought by
Cao Xinyue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

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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
Xu Jin $485,000 Chicago Title Company
Cao Xinyue $595,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cao Xinyue $357,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $485,000 -3.0% $1,010 / Sq Ft
02/16/2023 02/16/23 Pending -- -- --
01/31/2023 01/31/23 Price Changed $499,900 -5.3% $1,041 / Sq Ft
01/11/2023 01/11/23 For Sale $528,000 -- $1,100 / Sq Ft
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 $6,056 $494,700 $147,900 $346,800
2023 $7,624 $625,448 $189,211 $436,237
2022 $7,267 $613,185 $185,501 $427,684
2021 $7,177 $601,163 $181,864 $419,299
2020 $5,171 $421,764 $135,304 $286,460
2019 $4,965 $413,495 $132,651 $280,844
2018 $4,987 $405,388 $130,050 $275,338
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR22260184

California Regional Multiple Listing Service (CRMLS)

APN: 5144-032-094