$1,250,000
SOLD NOV 23, 2015
1 Bed
2 Baths
1,270 Sq Ft
9 Acres

Recently Sold

$984 Per Sq Ft

7% Below List Price

91 Days on Market

Highlights

  • Concierge
  • Community Cabanas
  • 24-Hour Security
  • Boat Dock
  • Fitness Center
  • 3-minute walk to LA Live Dog Park

About This Home

As of August 2024

NEW PRICE! This Condo Definitely Has the Wow Factor! This is One of the Most Desirable One Bedroom Floor Plans At The Residences Above Ritz Carlton, LA Live. This stunning home overlooks the Staples Center and has Killer Views of DTLA with upgrades Galore that include a Smart System, Motorized Window Coverings, Added Recessed Lighting, Upgraded Flooring & Kitchen Cabinetry, Cool In-Ceiling TV & Oversized Built in TV in Living Room. This Plan also has one of the Most Contemporary Open Concepts Due to It's Island Style Kitchen. As you head into the luxurious Master Suite, the double door entry leads you into an ample size bedroom which has a large walk in closet with upgraded cabinetry and a beautiful master bath with oversized tub, double sinks, and more. On top of that, experience the convenience of living in one of the most happening areas of Los Angeles with popular restaurants, movie theater, events, etc at your fingertips.

Last Agent to Sell the Property

Yvonne Neustadter

The Property Lab, Inc. License #01882489 Listed on: 07/10/2015

Last Buyer's Agent

Helena Choi

License #01713483

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,627

Year Built

  • Built in 2010

Property Views

  • Panoramic
  • Views of a landmark
  • Mountain
  • Pool

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,270 Sq Ft Home
  • Dining Area

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Covered Space
  • Guest Parking

Pool

  • Heated In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Phone System

Listing and Financial Details

  • Assessor Parcel Number 5138-027-027

Community Details

Overview

  • 224 Units
  • High-Rise Condominium

Amenities

  • Concierge
  • Valet Parking
  • Sundeck
  • Sauna
  • Billiard Room
  • Meeting Room
  • Elevator
  • Community Storage Space

Recreation

  • Boat Dock
  • Fitness Center
  • Community Cabanas
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,627

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: The Residences at LA Live Assoc
  • Entry Floor: 30
  • Living Area: 1270
  • Planned Urban Dev: 0
  • Unit Floor In Building: 30
  • Year Built: 2010
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Bedrooms: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Phone System, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1019.69

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated
  • Pool: Yes
  • View: City, City Lights, Landmark, Mountains, Panoramic, Pool
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Valet
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: 24 Hour, Carbon Monoxide Detector(s), Card/Code Access, Fire and Smoke Detection System

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Billiard Room, Concierge, Conference, Controlled Access, Dock, Elevator, Extra Storage, Fitness Center, Guest Parking, Onsite Property Management, Private Cabana, Sauna, Security, Spa, Sun Deck, Valet Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 1962.00

Lot Info

  • Assessor Parcel Number: 5138-027-027
  • Geocode Override: No
  • Lot Size Area: 399277

Multi Family

  • Number Of Units: 224

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2024
Closed on
Aug 22, 2024
Sold by
Yongho Lee Trust and Suhr Young
Bought by
Griff John R
Seller's Agent
Helena Choi
Keller Williams Palos Verdes
Buyer's Agent
Helena Choi
Keller Williams Palos Verdes
List Price
$1,075,000
Sold Price
$862,000
Premium/Discount to List
-$213,000
-19.81%
Total Days on Market
91
Views
74
Current Estimated Value
$1,259,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,855
Avg. Annual Appreciation
64.76%

Purchase Details

Closed on
May 14, 2015
Sold by
Shegerian Carney R and Shekar Family Trust
Bought by
Boone George N and Revocable Trust Of George N Bo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 25, 2012
Closed on
Jun 21, 2012
Sold by
Olympic & Georgia Partners Llc
Bought by
Shegerian Carney R and The Shekar Family Trust I
Seller's Agent
William Rose
The Agency Ritz-Carlton Branch
Buyer's Agent
Mildred Gaines
List Price
$1,070,000
Sold Price
$975,000
Premium/Discount to List
-$95,000
-8.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.00%
Original Mortgage
$375,000,000
Interest Rate
3.53%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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 Type Sale Price Title Company
Grant Deed $862,000 Fidelity National Title
Grant Deed $1,285,000 Provident Title Company
Grant Deed $1,250,000 Provident Title Company
Grant Deed $975,009 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $800,000 Adjustable Rate Mortgage/ARM
Previous Owner $375,000,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $585,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $862,000 -9.2% $679 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
06/25/2024 06/25/24 Price Changed $949,000 -5.0% $747 / Sq Ft
05/08/2024 05/08/24 Price Changed $999,000 -7.1% $787 / Sq Ft
04/08/2024 04/08/24 For Sale $1,075,000 0.0% $846 / Sq Ft
12/15/2022 12/15/22 Rented $5,950 0.0% --
11/29/2022 11/29/22 For Rent $5,950 +26.6% --
02/02/2021 02/02/21 Rented $4,700 0.0% --
01/16/2021 01/16/21 Price Changed $4,700 -9.6% $4 / Sq Ft
11/02/2020 11/02/20 Price Changed $5,200 -5.5% $4 / Sq Ft
09/18/2020 09/18/20 Price Changed $5,500 -5.2% $4 / Sq Ft
09/01/2020 09/01/20 For Rent $5,800 0.0% --
11/23/2015 11/23/15 Sold $1,250,000 -3.5% $984 / Sq Ft
10/09/2015 10/09/15 Pending -- -- --
08/20/2015 08/20/15 Price Changed $1,295,000 -3.7% $1,020 / Sq Ft
07/10/2015 07/10/15 For Sale $1,345,000 +37.9% $1,059 / Sq Ft
07/06/2012 07/06/12 Sold $975,000 -8.9% $762 / Sq Ft
06/13/2012 06/13/12 Pending -- -- --
04/25/2012 04/25/12 For Sale $1,070,000 -- $837 / 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
2024 $18,627 $1,485,691 $424,483 $1,061,208
2023 $18,246 $1,456,560 $416,160 $1,040,400
2022 $17,390 $1,428,000 $408,000 $1,020,000
2021 $16,689 $1,367,055 $339,029 $1,028,026
2019 $16,184 $1,326,509 $328,974 $997,535
2018 $16,100 $1,300,500 $322,524 $977,976
2016 $15,406 $1,250,000 $310,000 $940,000
2015 $12,416 $998,994 $253,078 $745,916
2014 $12,435 $979,426 $248,121 $731,305
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-922215

The MLS

APN: 5138-027-027