NOT LISTED FOR SALE

Estimated Value: $1,803,000 - $2,240,000

2 Beds
2.5 Baths
2,084 Sq Ft
9 Acres

Last Sold September 11, 2013

Last sale price $1,800,000 $864 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $13,225/month

27 Days on Market

Highlights

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

About This Home

As of September 2013

DEVELOPED BY INTERNATIONALLY RENOWNED SPORTS & ENTERTAINMENT GIANT AEG AND DESIGNED BY "STARCHITECTURE" FIRM GENSLER, THE RITZ-CARLTON RESIDENCES AT L.A. LIVE ARE LOCATED IN THE VIBRANT COMMUNITY OF L.A. LIVE; HOME TO NUMEROUS ENTERTAINMENT VENUES & CLUBS (INCL STAPLES CENTER, NOKIA THEATRE, GRAMMY MUSEUM), 20 RESTAURANTS, 2 HOTELS & SEVERAL GLOBALLY-CELEBRATED EVENTS INCL THE GRAMMYS, EMMYS, ESPYS, VIDEO MUSIC AWARDS AND X-GAMES. EACH OF THE 1-, 2- & 3-BEDROOM RESIDENCES 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, CONCIERGE, IN-ROOM DINING SERVICE & HOUSEKEEPING. COMPLEMENTING THIS EXCEPTIONAL EXPERIENCE ARE A ROOFTOP SWIMMING POOL AND CABANAS, FULLY-EQUIPPED FITNESS CENTER, 8,000 SQ FT FULL-SERVICE SPA & SALON, EXECUTIVE BOARDROOM, MULTI-MEDIA SCREENING ROOM AND RESIDENTS' LOUNGE. CALL TO SCHEDULE AN APPOINTMENT FOR A PREVIEW.

Last Agent to Sell the Property

William Rose

The Agency Ritz-Carlton Branch License #01302611 Listed on: 04/13/2013

The Agency Ritz-Carlton Branch

Co-Listed By

Mauricio Umansky

The Agency License #01222825

Last Buyer's Agent

James Jacobson

Douglas Elliman License #01240776

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $27,223

Year Built

  • Built in 2010

Lot Details

  • 9

Property Views

  • Ocean
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,084 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Built-In Features
  • Living Room
  • Dining Area
  • Security System Owned

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Granite
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2.5 Bathrooms

Laundry

  • Laundry in unit
  • Dryer

Parking

  • 2 Covered Spaces
  • Guest Parking

Pool

  • Heated In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Phone System

Community Details

Overview

  • 224 Units

Amenities

  • Concierge
  • Valet Parking
  • Housekeeping Services
  • Steam Room
  • Sauna
  • Meeting 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
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$27,223

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: 2084
  • 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, Hardwood, Marble
  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.50
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Electric Dryer Hookup, Elevator, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Network Wire, Phone System, Range/Oven, Refrigerator, Stackable W/D Hookup, Vented Exhaust Fan, Water Line to Refrigerator
  • Price Per S Q F T: 1007.68

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, Carbon Monoxide Detector(s), Card/Code Access, Fire and Smoke Detection System, Fire Sprinklers, Gated Community with Guard, Owned, Prewired for alarm system, Resident Manager, Smoke Detector, T.V.

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Concierge, Conference, Controlled Access, Elevator, Exercise Room, Extra Storage, Fitness Center, Gated Community Guard, Guest Parking, Hot Water, Maid Service, Onsite Property Management, Pool, Private Cabana, 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

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units: 224

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2013
Sold by
Olympic & Georgia Partners Llc
Bought by
Xu Jinglei and Huang Stanley Li Sheng
Current Estimated Value
$2,001,169
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
Xu Jinglei $1,800,018 First American Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2013 09/11/13 Sold $1,800,000 -14.3% $864 / Sq Ft
05/10/2013 05/10/13 Pending -- -- --
04/13/2013 04/13/13 For Sale $2,100,000 -- $1,008 / 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 $27,223 $2,206,543 $551,634 $1,654,909
2024 $27,223 $2,163,278 $540,818 $1,622,460
2023 $26,661 $2,120,862 $530,214 $1,590,648
2022 $25,409 $2,079,277 $519,818 $1,559,459
2021 $24,932 $2,038,508 $509,626 $1,528,882
2019 $24,178 $1,978,047 $494,511 $1,483,536
2018 $24,066 $1,939,263 $484,815 $1,454,448
2016 $23,027 $1,863,961 $465,990 $1,397,971
2015 $22,696 $1,835,964 $458,991 $1,376,973
2014 $24,525 $1,800,000 $450,000 $1,350,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-664935

The MLS

APN: 5138-027-211