$1,150,000
SOLD MAY 15, 2025
2 Beds
2 Baths
1,540 Sq Ft
$2,439/mo HOA Fee

Recently Sold

$747 Per Sq Ft

7% Below List Price

114 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Primary Bedroom Suite
  • Roof Top Pool
  • 24-Hour Security
  • Panoramic View

About This Home

As of May 2025

Urban Luxury Unleashed: Your Sky-High Sanctuary at Ritz-Carlton Residences! Get ready to elevate your living game with Residence 32i - where jaw-dropping views meet five-star living! Imagine waking up 32 floors above downtown LA with a beautiful cityscape view through floor-to-ceiling windows. This isn't just an apartment; it's a 2-bedroom masterpiece condo perched high above the city. Picture yourself surrounded by panoramic views of Downtown LA above Crypto Arena and LA Live, with high ceilings that make you feel like urban royalty. Glide your motorized blackout and 3% white window shades with a touch of one button and walk across stunning Danish wood floors. Seller also installed recessed lighting throughout the living room and master bedroom. The kitchen is where culinary dreams come to life, featuring Italian Snaidero cabinets and Gaggenau appliances that would make professional chefs weep with joy. The primary suite is a personal retreat, complete with a spa-like bathroom and a walk-in closet that's a fashionista's paradise. The second bedroom? A versatile sanctuary with views that inspire relaxation and creativity. But wait, there's more! The building itself is a wonderland of amenities. Imagine dipping in the rooftop pool or hot tub, getting pampered at the Ritz Carlton Spa, staying fit in a state-of-the-art gym, or lounging in the chic Sendero Lounge. With 24/7 security, concierge and bellman service, valet parking, luxury lounges, and a home theater screening room, this isn't just a residence - it's a lifestyle. Are you ready? One valet parking spot and storage unit included.

Last Agent to Sell the Property

Amanda Cheng

KW Executive Brokerage Phone: 3235596663 License #02054435 Listed on: 01/09/2025

KW Executive

Last Buyer's Agent

Ziggy Rees

Compass License #02011949

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,329

Year Built

  • Built in 2010

Lot Details

  • Two or More Common Walls
  • Security Fence

HOA Fees

  • $2,439 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Driveway

Property Views

  • Panoramic
  • City Lights
  • Pool
  • Neighborhood

Home Design

  • Modern Architecture

Interior Spaces

  • 1,540 Sq Ft Home
  • Double Pane Windows
  • Tinted Windows
  • Blinds
  • Entrance Foyer
  • Living Room
  • Home Security System

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Roof Top Pool
  • Above Ground Pool
  • Spa

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Additional Features

  • Urban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 53383
  • Assessor Parcel Number 5138027055

Community Details

Overview

  • Master Insurance
  • 224 Units
  • The Ritz Carlton Residences At L.A. Live Association, Phone Number (213) 743-8800
  • Maintained Community
  • 54-Story Property

Amenities

  • Concierge
  • Valet Parking
  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Banquet Facilities
  • Billiard Room
  • Meeting Room
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,329

Year Built

Built in 2010

Lot Details

0

HOA Fees

$2,439 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Card/Code Access, Fire and Smoke Detection System, Fire Sprinkler System, Resident Manager, Security System, Smoke Detector(s)
  • View: Yes
  • Architectural Style: Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5138027055
  • Year Built: 2010
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1540.00 Square Feet
  • Stories: 54
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 32
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 746.75
  • Room Type: Foyer, Kitchen, Living Room, Primary Suite, Walk-In Closet
  • Spa Features: Association
  • Window Features: Blinds, Double Pane Windows, Tinted Windows

Exterior Features

  • Other Structures: Storage
  • Exterior Features: Lighting
  • View: City Lights, Neighborhood, Panoramic, Pool
  • Fence: Yes
  • Fencing: Security
  • Pool Features: Association, Above Ground, Roof Top
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Valet
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, 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, Sauna, Barbecue, Outdoor Cooking Area, Gym/Ex Room, Clubhouse, Billiard Room, Banquet Facilities, Meeting Room, Storage, Concierge, Insurance, Maintenance Grounds, Trash, Sewer, Water, Pet Rules, Management, Guard, Security, Controlled Access
  • Association Fee: 2439.00
  • Association Fee Frequency: Monthly
  • Association Name: The Ritz-Carlton Residences at L.A. LIVE
  • Phone: (213)743-8800
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: The Ritz-Carlton Residences at L.A. LIVE

Schools

  • School District: Los Angeles Unified

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 224
  • Number Of Units Total: 224

Tax Info

  • Tax Lot: 16
  • Tax Tract Number: 53383

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2025
Closed on
May 9, 2025
Sold by
Cheng Phil and Cheng Janeen
Bought by
Dumais Mark and Shepard James
Seller's Agent
Amanda Cheng
KW Executive
Buyer's Agent
Ziggy Rees
Compass
List Price
$1,238,000
Sold Price
$1,150,000
Premium/Discount to List
-$88,000
-7.11%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.02%
Original Mortgage
$300,000
Outstanding Balance
$299,471
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$899,593

Purchase Details

Closed on
Nov 13, 2012
Sold by
Olympic & Georgia Partners Llc
Bought by
Cheng Phil and Cheng Janeen
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 $1,150,000 Provident Title Company
Grant Deed $1,200,012 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Previous Owner $2,500,000 Future Advance Clause Open End Mortgage
Previous Owner $375,000,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Sold $1,150,000 -4.2% $747 / Sq Ft
05/03/2025 05/03/25 Pending -- -- --
01/19/2025 01/19/25 Price Changed $1,200,000 -3.1% $779 / Sq Ft
01/09/2025 01/09/25 For Sale $1,238,000 -- $804 / 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
2025 $18,329 $1,477,702 $369,423 $1,108,279
2024 $18,329 $1,448,729 $362,180 $1,086,549
2023 $17,951 $1,420,324 $355,079 $1,065,245
2022 $17,109 $1,392,475 $348,117 $1,044,358
2021 $16,776 $1,365,173 $341,292 $1,023,881
2019 $16,269 $1,324,683 $331,170 $993,513
2018 $16,181 $1,298,710 $324,677 $974,033
2016 $15,480 $1,248,281 $312,070 $936,211
2015 $15,259 $1,229,532 $307,383 $922,149
2014 $15,279 $1,205,448 $301,362 $904,086
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR25005903

California Regional Multiple Listing Service (CRMLS)

APN: 5138-027-055