NOT LISTED FOR SALE

Estimated Value: $2,370,000 - $2,756,000

3 Beds
4 Baths
2,606 Sq Ft
$3,659/mo HOA Fee

Last Sold March 29, 2024

Last sale price $2,500,000 $959 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $19,693/month

140 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Heated In Ground Pool
  • Boat Dock
  • 24-Hour Security
  • Panoramic View

About This Home

As of March 2024

Located in the heart of downtown Los Angeles, this contemporary and spacious residence presents a rare opportunity to own a highly coveted home in the prestigious Ritz-Carlton Residences. The stunning haven, which is one of the building's largest units, has been thoughtfully redesigned to combine sophisticated elegance with modern functionality. As soon as you step inside the breathtaking 47th-floor unit, you will be greeted by a vibrant interior adorned with impeccable high-end finishes. Every detail has been carefully curated, from the gleaming hardwood flooring to the handcrafted tiled accent walls and striking designer wallpaper. Enhanced with upgraded spotlighting, the high ceilings create an airy and open atmosphere above the main gathering areas. The floor-to-ceiling curtain glass walls frame sweeping city views, providing a stunning backdrop for entertaining in the living room and dining area. The opulent lighting sets the mood for intimate dinner parties, while the mirrored accent wall adds a touch of glamour and visually expands the space. The exceptional kitchen is a culinary enthusiast's dream, featuring a suite of state-of-the-art Gaggenau stainless steel appliances, sleek European-inspired cabinetry, and luxurious quartz countertops. Guests can sip drinks at the oversized, multi-seater bar with two convenient wine refrigerators while you showcase your culinary skills. The thoughtfully designed bedrooms offer an inspiring start to your day, each equipped with built-in organizers in the closets for the discerning fashionista. One bedroom is ensuite, while the others share a well-appointed bathroom. The generous primary suite offers both comfort and style, with a seating area by the picture window where you can unwind and enjoy a nightcap while watching the sunset paint brilliant streaks across the sky. The luxurious 5-piece ensuite bathroom features a double vanity, Robern medicine cabinets, a separate shower, and a spa-like soaking tub overlooking the horizon. A deep walk-in closet completes this private sanctuary. Glass barn doors imported from Germany reveal abundant storage space, ensuring a clutter-free environment. Other notable features include an in-unit washer/dryer for added convenience. Living in this residence grants you access to the world-class amenities that the Ritz-Carlton is renowned for, including a resort-like pool and spa, two levels of community lounges, a private conference room, an exercise room, and room service. Additionally, you can enjoy the benefits of the Ritz-Carlton Hotel. The unbeatable location at LA Live, downtown LA's vibrant shopping, dining, and entertainment district, puts everything you need right at your doorstep.

Last Agent to Sell the Property

Roxanna Godinez

DPP License #01137955 Listed on: 09/18/2023

DPP

Last Buyer's Agent

Beata Mandell

The Executive Realty Group License #01392993

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $33,214

Year Built

  • Built in 2010

Lot Details

  • 9.17

HOA Fees

  • $3,659 Monthly HOA Fees

Property Views

  • Panoramic
  • Views of a landmark

Home Design

  • Entry on the 47th floor
  • Fire Rated Drywall

Interior Spaces

  • 2,606 Sq Ft Home
  • Built-In Features
  • Entryway
  • Living Room
  • Dining Area
  • Home Office
  • Bonus Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Intercom
  • Alarm System

Parking

  • Garage
  • Guest Parking

Pool

  • Heated In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5138-027-194

Community Details

Overview

  • 224 Units
  • High-Rise Condominium
  • Maintained Community
  • 54-Story Property

Amenities

  • Concierge
  • Valet Parking
  • Clubhouse
  • Meeting Room
  • Elevator

Recreation

  • Boat Dock
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Firewall

Property Details

Home Type

Condominium

Est. Annual Taxes

$33,214

Year Built

Built in 2010

Lot Details

0

HOA Fees

$3,659 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: High or Mid-Rise Condo
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: This spacious and contemporary home has been thoughtfully redesigned in downtown LA's Ritz-Carlton Residences to blend modern functionality with sophisticated elegance. The breathtaking 47th-floor unit features high ceilings, immaculate finishes, and sweeping city views. The exceptional kitchen is a culinary enthusiast's dream, while the luxurious bedrooms offer built-in closet organizers. Living here grants access to various world-class amenities, including a resort-like pool and spa, exercise room, and room service. Enjoy the unbeatable location in downtown LA's vibrant shopping, dining, and entertainment district.
  • Complex Name: Ritz-Carlton Residences
  • Entry Floor: 47
  • Living Area: 2606
  • Lot Acreage: 9.1662
  • Planned Urban Dev: 0
  • Stories: 54
  • Unit Floor In Building: 47
  • Year Built: 2010
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Bath
  • Flooring: Hardwood, Marble, Carpet, Stone Tile, Engineered Hardwood
  • Bedrooms: 3
  • Full Bathroom: 4
  • 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: 4.00
  • Den: 1
  • Equipment: Alarm System, Built-Ins, Cable, Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Intercom, Microwave, Network Wire, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 991.94

Exterior Features

  • Pool Description: Heated, Community
  • Pool: Yes
  • View: City, City Lights, Landmark, Panoramic
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Valet, Private Garage, Parking for Guests

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Smoke Detector, Carbon Monoxide Detector(s), Fire Sprinklers, Fire Rated Drywall, Firewall(s), Fire and Smoke Detection System, Card/Code Access

Association/Amenities

  • Amenities: Assoc Pet Rules, Assoc Maintains Landscape, Clubhouse, Conference, Concierge, Controlled Access, Elevator, Dock, Fitness Center, Guest Parking, Hot Water, Meeting Room, Pool, Spa, Valet Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 3659.33
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5138-027-194
  • Lot Size Area: 399281

Multi Family

  • Number Of Units: 224

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2023
Closed on
Feb 12, 2024
Sold by
Guariglia Trust
Bought by
Kahoma Holdings Llc
Seller's Agent
Roxanna Godinez
DPP
Buyer's Agent
Beata Mandell
The Executive Realty Group
List Price
$2,700,000
Sold Price
$2,500,000
Premium/Discount to List
-$200,000
-7.41%
Views
115
Current Estimated Value
$2,529,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,594
Avg. Annual Appreciation
0.75%

Purchase Details

Closed on
May 17, 2016
Sold by
Guariglia Peter A and Guariglia Laurie Y
Bought by
Guariglia Peter A and Guariglia Laurie Y

Purchase Details

Closed on
Jun 10, 2013
Sold by
Olympic & Georgia Partners Llc
Bought by
Guariglia Peter A and Guariglia Laurie Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Kahoma Holdings Llc $2,500,000 Chicago Title Company
Guariglia Peter A -- None Available
Guariglia Peter A $2,200,022 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guariglia Peter A $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2024 03/29/24 Sold $2,500,000 -3.3% $959 / Sq Ft
02/05/2024 02/05/24 Pending -- -- --
01/17/2024 01/17/24 Price Changed $2,585,000 -4.3% $992 / Sq Ft
09/18/2023 09/18/23 For Sale $2,700,000 0.0% $1,036 / Sq Ft
11/15/2021 11/15/21 Rented $14,000 -3.4% --
10/06/2021 10/06/21 Under Contract -- -- --
05/29/2021 05/29/21 Price Changed $14,500 -6.5% $6 / Sq Ft
03/02/2021 03/02/21 For Rent $15,500 -- --
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 $33,214 $2,550,000 $1,785,000 $765,000
2024 $33,214 $2,644,011 $661,000 $1,983,011
2023 $32,525 $2,592,169 $648,040 $1,944,129
2022 $30,994 $2,541,343 $635,334 $1,906,009
2021 $30,405 $2,491,514 $622,877 $1,868,637
2019 $29,483 $2,417,616 $604,403 $1,813,213
2018 $29,352 $2,370,212 $592,552 $1,777,660
2016 $28,162 $2,278,176 $569,544 $1,708,632
2015 $27,758 $2,243,956 $560,989 $1,682,967
2014 $27,790 $2,200,000 $550,000 $1,650,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-313085

The MLS

APN: 5138-027-194