NOT LISTED FOR SALE

The Ritz Carlton Residences 900 W Olympic Blvd Unit 49A Los Angeles, CA 90015

Downtown LA Neighborhood

Estimated Value: $1,470,434 - $2,103,000

2 Beds
2.5 Baths
1,711 Sq Ft
9 Acres

Last Sold October 31, 2013

Last sale price $1,540,000 $900 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $11,431/month

109 Days on Market

Highlights

  • Concierge
  • Housekeeping Services
  • Steam Room
  • Ocean View
  • Community Cabanas
  • Fitness Center

About This Home

As of October 2013

Developed by Internationally renowned sports & entertainment giant, AEG, and designed by "Starchitecture" firm, Gensler. The Ritz-Carlton Residences at L.A. LIVE is located in the vibrant community of L.A. LIVE, home to numerous entertainment venues & clubs (including STAPLES Center, Nokia Theatre, GRAMMY Museum), 20+ restaurants, 2 hotels & featuring several globally-celebrated events including The GRAMMYs, EMMYs, ESPYS, Music Video Awards and X-Games. Each Residence features elegant details such as Snaidero Cabinetry, Gaggenau appliances, city lights, to ocean views. The hospitality and level of services we've come to expect from The Ritz-Carlton: valet parking, 24/7 concierge services, in-room dining service & housekeeping available on site! Complementing this exceptional experience are a rooftop pool and private cabanas, fully-equipped Fitness Center, 8,000SF full-service Ritz-Carlton Spa & Salon, exclusive Wine Tasting Room, mutli-media screening room and Champions' Sky Lounge.

Last Agent to Sell the Property

William Rose

The Agency Ritz-Carlton Branch License #01302611 Listed on: 06/10/2013

The Agency Ritz-Carlton Branch

Co-Listed By

Mauricio Umansky

The Agency License #01222825

Last Buyer's Agent

Lapchih Fan

LF8 Real Estate Inc. License #01928123

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,197

Year Built

  • Built in 2010

Lot Details

  • 9

Property Views

  • Ocean
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,711 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Security System Owned

Kitchen

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

Flooring

  • Carpet
  • Granite
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2.5 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Covered Spaces
  • Guest Parking

Pool

  • Heated In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Phone System

Community Details

Overview

  • 224 Units

Amenities

  • Concierge
  • Valet Parking
  • Housekeeping Services
  • Steam Room
  • Sauna
  • Recreation Room
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Community Cabanas
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,197

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 Ritz-Carlton Residences at L.A. LIVE
  • Entry Floor: 49
  • Living Area: 1711
  • Planned Urban Dev: 0
  • Stories: 1
  • Unit Floor In Building: 49
  • Year Built: 2010
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Granite, Marble
  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.50
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Dishwasher, Dryer, Electric Dryer Hookup, Elevator, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Network Wire, Phone System, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1066.63

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Association Pool, Heated, Private, Private and Association Pool, Private, Association Pool
  • Pool: Yes
  • View: City, City Lights, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Valet
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: 24 Hour, Card/Code Access, Community, Fire and Smoke Detection System, Fire Sprinklers, Guarded, Owned, Prewired for alarm system, Resident Manager, Smoke Detector, T.V.

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Concierge, Controlled Access, Elevator, Exercise Room, Extra Storage, Fitness Center, Guest Parking, Hot Water, Maid Service, Onsite Property Management, Pool, Private Cabana, Rec Multipurpose Rm, Sauna, Security, Spa, Steam Room, Valet Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 1997.00

Lot Info

  • Assessor Parcel Number: UNAVAILABLE
  • Geocode Override: No

Multi Family

  • Number Of Units: 224

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2013
Closed on
Oct 8, 2013
Sold by
Olympic & Georgia Partners Llc
Bought by
Huang Peter S
Seller's Agent
William Rose
The Agency Ritz-Carlton Branch
Buyer's Agent
Lapchih Fan
LF8 Real Estate Inc.
List Price
$1,875,000
Sold Price
$1,540,000
Premium/Discount to List
-$335,000
-17.87%
Current Estimated Value
$1,734,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,710
Avg. Annual Appreciation
2.58%
Source: Public Records

Range of Values:

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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
Huang Peter S $1,540,015 First American Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2013 10/31/13 Sold $1,540,000 -15.6% $900 / Sq Ft
09/27/2013 09/27/13 Pending -- -- --
08/14/2013 08/14/13 Price Changed $1,825,000 -2.7% $1,067 / Sq Ft
06/10/2013 06/10/13 For Sale $1,875,000 -- $1,096 / 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
2025 $23,197 $1,887,816 $465,821 $1,421,995
2024 $23,197 $1,850,801 $456,688 $1,394,113
2023 $22,718 $1,814,512 $447,734 $1,366,778
2022 $21,649 $1,778,934 $438,955 $1,339,979
2021 $21,243 $1,744,054 $430,349 $1,313,705
2019 $20,598 $1,692,327 $417,586 $1,274,741
2018 $20,498 $1,659,146 $409,399 $1,249,747
2016 $19,609 $1,594,721 $393,502 $1,201,219
2015 $19,326 $1,570,768 $387,592 $1,183,176
2014 $19,368 $1,540,000 $380,000 $1,160,000
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2013

    William Rose

    The Agency Ritz-Carlton Branch

    Section Image
  • Mauricio Umansky

    Seller Co-Listing Agent in 2013

    Mauricio Umansky

    The Agency

    (424) 230-3701

    71 Total Sales

    Section Image
  • Lapchih Fan

    Buyer's Agent in 2013

    Lapchih Fan

    LF8 Real Estate Inc.

    (213) 291-7805

    10 in this area

    21 Total Sales

    Section Image
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About The Ritz Carlton Residences

Map

Source: The MLS

MLS Number: 13-679325

The MLS

APN: 5138-027-206

California Los Angeles County Los Angeles 90015 Downtown LA

900 W Olympic Blvd Unit 49A, Los Angeles, CA

This home is located at 900 W Olympic Blvd Unit 49A, Los Angeles, CA 90015 since 10 June 2013 and is currently estimated at $1,703,478, approximately $995 per square foot. This property was built in 2010. 900 W Olympic Blvd Unit 49A 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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