NOT LISTED FOR SALE

The Ritz Carlton Residences 900 W Olympic Blvd Unit 31J Los Angeles, CA 90015

Downtown LA Neighborhood

Estimated Value: $1,848,000 - $2,094,739

3 Beds
3 Baths
2,010 Sq Ft
9 Acres

Last Sold September 03, 2015

Last sale price $2,150,000 $1,070 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $13,386/month

Highlights

  • Concierge
  • Fitness Center
  • 24-Hour Security
  • Housekeeping Services
  • Coastline Views
  • Newly Remodeled

About This Home

As of November 2022

We are pleased to present unit 31J at the Ritz Carlton Residences in Downtown Los Angeles. This striking corner unit has 270 degree views of the cities best architectural high-rises, majestic mountains, and sunset views of the California coastline. With floor to ceiling windows in every room you'll never miss a sunset again. The unit is 2,010 square feet with two bedrooms, one office/extra bedroom (no closet) and three bathrooms. The open kitchen and living room are perfect for entertaining guests. The kitchen boasts black granite counter tops and bar top eating space, along with sub zero refrigerator and cabinetry finished in dark wood, to top it off, the space has stainless steel appliances which give the kitchen a sultry modern ambiance. While the main living area provides openness, the bedrooms and office/den are tucked away to provide privacy while still maintaining a cozy and inviting atmosphere. The living experience doesn't end there. The Ritz Carlton provides a plethora of in house amenities ranging from complimentary 5 Star breakfast, valet, 24-hour concierge, electric car charging, salt water pool & bar with cabanas, screening room, a luxurious spa to pamper and relax, housekeeping and more. This extravagant property is perfectly Located next to LA Live, home of the Lakers and a host of numerous other exciting events year around. There is no lack of nightlife, and restaurants all within walking distance. Within a short drive there are a grocery stores such as Ralph's, Whole Foods, and Smart & Final. Major banks including Chase, Wells Fargo, and US Bank. Other nearby amenities include cleaners, the Jewelry District, Nails Salons, Gyms (Pure Barre, Equinox, LA Fitness), and Hospitals like Dignity Health, and Kaiser Permanente. It's clear that this property is centrally located and can accommodate many different lifestyles. Situated just off the 110 and the 10 FWY it provides easy access for commuters and those who want to get in and out of the city without dealing with side street traffic during rush hours. For those that don't drive, the Metro Rail has several routes that provide access out of Downtown LA to Santa Monica, Beverly Hills, San Fernando Valley, San Gabriel Valley, and beyond.

Last Agent to Rent the Property

Kamille Gordy

Kamille Gordy License #02007839 Listed on: 09/09/2022

Last Renter's Agent

Thuyen Pham

Stacey Tran, Broker License #01951667

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $31,169

Year Built

  • Built in 2010 | Newly Remodeled

Lot Details

  • End Unit
  • West Facing Home

Property Views

  • Coastline
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,010 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Vertical Blinds
  • Home Office
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • <<microwave>>
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Double Vanity
  • <<tubWithShowerToken>>

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Parking Storage or Cabinetry
  • Guest Parking
  • Assigned Parking

Pool

  • Heated In Ground Pool
  • Saltwater Pool

Additional Features

  • City Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $5,000
  • Tenant pays for cable TV
  • 12 Month Lease Term
  • Assessor Parcel Number 5138-027-045

Community Details

Overview

  • 225 Units
  • High-Rise Condominium
  • 52-Story Property

Amenities

  • Concierge
  • Valet Parking
  • Housekeeping Services
  • Sundeck
  • Community Barbecue Grill
  • Meeting Room
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $1,000

Security

  • 24-Hour Security

Condo Details

Home Type

Condominium

Est. Annual Taxes

$31,169

Year Built

Built in 2010 | Newly Remodeled

Lot Details

0

Rental Info

  • Credit Report Amount: 30.00
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Pet Deposit: 1000.00
  • Furnished: Furnished Or Unfurnished
  • Land Lease Purchase Yn: No
  • Rent Control: No
  • Rent Excludes: Utilities
  • Security Deposit: 5000
  • Tenant Pays: Cable TV

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Disability Access: DisabilityAccess
  • Entry Floor: 27
  • Entry Location: Foyer
  • Lease Terms: 1-Year
  • Living Area: 2010
  • Lot Acreage: 9.1662
  • Planned Urban Dev: 0
  • Property Condition: New Construction
  • Stories: 52
  • Unit Floor In Building: 31
  • Year Built: 2010
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+), Open Floor Plan
  • Flooring: Hardwood
  • Appliances: Cooktop - Gas, Microwave, Oven, Oven-Gas
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Shower and Tub, Under Vanity Lighting
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Dishwasher, Dryer, Elevator, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 4.98
  • Windows: Vertical Blinds

Exterior Features

  • Direction Faces: West
  • Other Features: High Ceilings (9 Feet+), End Unit
  • Pool Description: Heated, Salt/Saline
  • Pool: Yes
  • View: City, City Lights, Coastline, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Built-In Storage, Valet
  • Total Parking: 1

Utilities

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

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Concierge, Elevator, Exercise Room, Extra Storage, Fitness Center, Guest Parking, Maid Service, Meeting Room, Valet Parking, Sun Deck, Spa, Security, Pool
  • Pet Rules: Call

Condo/Co-op/Association

  • Unit Location: Corner

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5138-027-045
  • Lot Location: City, Corner Lot
  • Lot Size Area: 399281

Multi Family

  • Number Of Units: 225

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2021
Sold by
Jl Real Estate Development Corp
Bought by
Jl Real Estate Development Corp
Current Estimated Value
$1,947,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000,000
Interest Rate
2.67%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 11, 2015
Closed on
Aug 26, 2015
Sold by
S & B Unit31j Llc
Bought by
Jia Long Real Estate Development Corp
Seller's Agent
Yvonne Neustadter
The Property Lab, Inc.
Buyer's Agent
Dennis Shane Dailey
FMB Realty
List Price
$2,375,000
Sold Price
$2,150,000
Premium/Discount to List
-$225,000
-9.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.68%

Purchase Details

Closed on
Apr 7, 2011
Sold by
Olympic & Georgia Partners Llc
Bought by
S & B Unit 31J Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage
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
Jl Real Estate Development Corp -- Fidelity National Title Co
Jia Long Real Estate Development Corp $2,150,000 Provident Title Company
S & B Unit 31J Llc $1,647,016 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 631 S Vermont Ave Llc $15,000,000
Closed Jl Real Estate Development Corp $12,000,000
Closed 631 S Vermont Ave Llc $12,000,000
Previous Owner S & B Unit 31J Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2022 11/15/22 Rented $10,000 0.0% --
09/09/2022 09/09/22 For Rent $10,000 0.0% --
09/03/2015 09/03/15 Sold $2,150,000 -9.5% $1,070 / Sq Ft
08/25/2015 08/25/15 Pending -- -- --
08/11/2015 08/11/15 For Sale $2,375,000 -- $1,182 / 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 $31,169 $2,495,252 $624,391 $1,870,861
2023 $30,530 $2,446,327 $612,149 $1,834,178
2022 $29,094 $2,398,361 $600,147 $1,798,214
2021 $28,581 $2,351,335 $588,380 $1,762,955
2020 $28,852 $2,327,226 $582,347 $1,744,879
2019 $27,715 $2,281,595 $570,929 $1,710,666
2018 $27,601 $2,236,859 $559,735 $1,677,124
2016 $26,412 $2,150,000 $538,000 $1,612,000
2015 $21,711 $1,755,387 $416,806 $1,338,581
2014 $21,739 $1,721,003 $408,642 $1,312,361
Source: Public Records

Agents Affiliated with this Home

  • K

    Landlord's Agent in 2022

    Kamille Gordy

    Kamille Gordy

    (626) 422-8342

    Kamille Gordy
    Section Image

  • T

    Tenant's Agent in 2022

    Thuyen Pham

    Stacey Tran, Broker

    Section Image
  • Yvonne Neustadter

    Seller's Agent in 2015

    Yvonne Neustadter

    The Property Lab, Inc.

    (310) 248-0047

    24 in this area

    50 Total Sales

    Yvonne Neustadter
    Section Image

  • D

    Buyer's Agent in 2015

    Dennis Shane Dailey

    FMB Realty

  • T

    Buyer Co-Listing Agent in 2015

    Tal Kenig

    Simco Enterprises Inc

    Section Image
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About The Ritz Carlton Residences

Map

Source: The MLS

MLS Number: 22-201073

The MLS

APN: 5138-027-045

California Los Angeles County Los Angeles 90015 Downtown LA

900 W Olympic Blvd Unit 31J, Los Angeles, CA

This home is located at 900 W Olympic Blvd Unit 31J, Los Angeles, CA 90015 since 09 September 2022 and is currently priced at $1,947,913. This property was built in 2010. 900 W Olympic Blvd Unit 31J is a home located in Los Angeles County with nearby schools including Tenth Street Elementary School, John H. Liechty Middle School, and Academic Leadership Community Miguel Contreras Learning Complex.

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