$3,420,000
SOLD SEP 6, 2023
3 Beds
3 Baths
3,143 Sq Ft
$3,914/mo HOA Fee

Recently Sold

$1,088 Per Sq Ft

4% Below List Price

50 Days on Market

Highlights

  • Concierge
  • Ocean View
  • 24-Hour Security
  • Fairburn Avenue Elementary Rated A
  • Fitness Center
  • Heated In Ground Pool

About This Home

As of September 2023

SHOWING FOR BACKUP OFFERS ...Do not miss this opportunity to literally steal a very rare Top-3-Floors unit in the most sought after building on the Wilshire Corridor. A unit above the 16th floor has not been priced this low since 2015/2016! 3BDR/2.5BTH with 3,140+Square Feet of open sky-high luxury living and jetliner views as far as the eyes can see. The gorgeous Poggenpohl kitchen cabinets and SubZero fridge are in great condition, the already high ceilings were custom raised even higher, and the unit also comes with two large storage units, two individual (non-tandem) parking spaces, 24 hr valet parking and security, and insanely cool Ocean Views that also include views of Catalina, LA Country Club, Century City, and even as far as Long Beach. Because the unit has every directional view possible - Southern, Northern, Eastern, and Western, and because it is situated at the apex of Wilshire Blvd, this 19th floor unit sits higher than most of the penthouse units of any of the other luxury buildings on the Corridor and has what many consider to be the absolute best views money can buy in all of Los Angeles. Top-3-floor units in this building are considered to be unicorns and and they sell FAST (and lately above $4M) when they hit the market. You do not want to miss out on this one! The Sellers have asked is to bring the unit to market at this crazy low list price because the unit needs some work. It should still really be listed above $3,790,000

Last Agent to Sell the Property

sam shakerchi

Compass License #01868195 Listed on: 04/18/2023

Compass

Co-Listed By

Sean Harris

Coldwell Banker Realty License #01926397

Last Buyer's Agent

Jeffrey Fritz

Compass License #01737570

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $41,288

Year Built

  • Built in 1990

Lot Details

  • End Unit
  • North Facing Home
  • Gated Home

HOA Fees

  • $3,914 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Golf Course
  • Woods
  • Hills

Home Design

  • Entry on the 19th floor

Interior Spaces

  • 3,143 Sq Ft Home
  • Built-In Features
  • Bar
  • High Ceiling
  • Double Door Entry
  • Sliding Doors
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Security Lights

Kitchen

  • Breakfast Room
  • Oven or Range
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Phone System

Listing and Financial Details

  • Assessor Parcel Number 4327-013-169

Community Details

Overview

  • 73 Units
  • High-Rise Condominium
  • Maintained Community
  • 21-Story Property

Amenities

  • Concierge
  • Valet Parking
  • Sauna
  • Clubhouse
  • Banquet Facilities
  • Meeting Room
  • Card Room
  • Recreation Room
  • Service Entrance
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$41,288

Year Built

Built in 1990

Lot Details

0

HOA Fees

$3,914 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: La Tour
  • Entry Floor: 19
  • Living Area: 3143
  • Lot Acreage: 0.7582
  • Planned Urban Dev: 0
  • Stories: 21
  • Unit Floor In Building: 19
  • Year Built: 1990
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Bar
  • Fireplace Rooms: Living Room
  • Flooring: Marble, Carpet, Tile
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Suite, Master Bedroom
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Area, In Kitchen, Kitchen Island, Dining Area
  • Kitchen Features: Granite Counters, Island
  • Laundry: In Unit, Inside, Laundry Area, Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Washer, Dryer, Range/Oven, Built-Ins, Garbage Disposal, Freezer, Phone System, Refrigerator, Water Line to Refrigerator, Hood Fan, Elevator, Dishwasher
  • Fireplace: Yes
  • Price Per S Q F T: 1137.45

Exterior Features

  • Direction Faces: North
  • Other Features: Balcony, End Unit, Sliding Glass Doors, High Ceilings (9 Feet+), Double Door Entry
  • Patio: Balcony, Patio Open
  • Pool Description: Association Pool, Safety Fence, Heated, Community
  • Pool: Yes
  • View: City, Golf Course, Hills, Ocean, Panoramic, Trees/Woods, City Lights
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned, Valet
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Exterior Security Lights, Fire and Smoke Detection System, Gated, Guarded, Community

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Banquet, Concierge, Pool, Rec Multipurpose Rm, Security, Sauna, Valet Parking, Onsite Property Management, Meeting Room, Elevator, Exercise Room, Extra Storage, Fitness Center, Clubhouse, Card Room
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 3914.00
  • HOA: Yes
  • Unit Location: NW Corner

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4327-013-169
  • Lot Size Area: 33028

Multi Family

  • Number Of Units: 73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2023
Sold by
Ghodadra Neilesh and Ghodadra Reetu
Bought by
Raan Llc
Current Estimated Value
$3,457,466

Purchase Details

Closed on
Nov 30, 2000
Sold by
Okum Robert W and Robert W Okum Family Trust
Bought by
Okum Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
7.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 1998
Sold by
Oly La Tour
Bought by
Leit Mitchell W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7%
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 Type Sale Price Title Company
Gift Deed -- None Listed On Document
Warranty Deed -- American Title
Grant Deed $1,680,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $475,000 Purchase Money Mortgage
Previous Owner $1,000,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2024 09/27/24 Rented $20,000 0.0% --
08/12/2024 08/12/24 For Rent $20,000 0.0% --
09/06/2023 09/06/23 Sold $3,420,000 -4.3% $1,088 / Sq Ft
06/29/2023 06/29/23 For Sale $3,575,000 0.0% $1,137 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
06/01/2023 06/01/23 Pending -- -- --
04/18/2023 04/18/23 For Sale $3,575,000 0.0% $1,137 / Sq Ft
04/08/2023 04/08/23 Price Changed $3,575,000 -- $1,137 / 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 $41,288 $3,488,400 $1,020,000 $2,468,400
2024 $41,288 $3,420,000 $1,000,000 $2,420,000
2023 $28,242 $2,339,812 $1,438,192 $901,620
2022 $26,914 $2,293,935 $1,409,993 $883,942
2021 $26,580 $2,248,957 $1,382,347 $866,610
2019 $25,773 $2,182,253 $1,341,347 $840,906
2018 $25,728 $2,139,465 $1,315,047 $824,418
2016 $24,601 $2,056,388 $1,263,983 $792,405
2015 $24,236 $2,025,500 $1,244,997 $780,503
2014 $24,301 $1,985,825 $1,220,610 $765,215
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-256459

The MLS

APN: 4327-013-169