$450,000
SOLD JAN 10, 2024
-- Bed
1 Bath
480 Sq Ft
$800/mo HOA Fee

Recently Sold

$938 Per Sq Ft

13% Below List Price

172 Days on Market

Highlights

  • 24-Hour Security
  • City Lights View
  • Clubhouse
  • Cabana
  • 2.27 Acre Lot
  • Main Floor Bedroom

About This Home

As of January 2024

Moments from L.A Live, Staples Center and the Arts District, Metropolis is reinvigorating the down town Los Angeles life style; creating an unprecedented residential, resort and retail destination. Metropolis features 3 Residential Towers, The Boutique Hotel Indigo and 70000 SQ FT of shopping and dinning. Situated in tower 1, residence #907 is a studio (526 SQ FT of living area). Residents enjoy a range of amenities including a private residence club, resort style pool, dog park, screening room, fitness center, yoga studio, 24 hour lobby attendant, plus amenities of the adjacent Hotel Indigo.

Last Agent to Sell the Property

Ron Edison

Tower Realty & Investments License #00640718 Listed on: 06/29/2023

Last Buyer's Agent

Stephanie Younger

Compass License #01365696

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,935

Year Built

  • Built in 2017

Lot Details

  • Two or More Common Walls
  • Land Lease

HOA Fees

  • $800 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Parking Lot
  • Assigned Parking

Home Design

  • Modern Architecture

Interior Spaces

  • 480 Sq Ft Home
  • Living Room
  • Carpet
  • City Lights Views
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Built-In Range
  • Kitchen Island

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Dressing Area
  • 1 Full Bathroom
  • Bathtub with Shower

Pool

  • Cabana
  • Spa

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 66352
  • Assessor Parcel Number 5144023109

Community Details

Overview

  • 38 Units
  • Metropolis Master Association, Phone Number (949) 448-6237
  • 12-Story Property

Recreation

  • Community Spa

Additional Features

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,935

Year Built

Built in 2017

Lot Details

0

HOA Fees

$800 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Other Phone Description: 3106146501
  • Other Phone Number: 3108849084
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: 24 Hour Security
  • View: Yes
  • Zoning: LAC2
  • Architectural Style: Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5144023109
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 480.00 Square Feet
  • Stories: 12
  • Entry Location: Concierge
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Accessibility Features: See Remarks
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Eating Area: Breakfast Counter / Bar
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 937.50
  • Room Type: Dressing Area, Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Spa Features: Association
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • View: City Lights
  • Fence: No
  • Patio And Porch Features: Cabana
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Unknown

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Assigned, Parking Space
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Other
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Electric Oven, Electric Range
  • Heating Type: Central, Natural Gas
  • Laundry Features: In Closet
  • Sewer: Other
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Clubhouse
  • Association Fee: 800.00
  • Association Fee Frequency: Monthly
  • Association Name: METROPOLIS MASTER ASSOCIATION
  • Phone: 949.448.6237
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights, Suburban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Size Sq Ft: 98910.00
  • Lot Size Acres: 2.2707
  • Latitude Manual: 34.04758900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 98910.0000 Square Feet
  • Number Of Units In Community: 38
  • Number Of Units Total: 38

Tax Info

  • Tax Census Tract: 2077.11
  • Tax Lot: 3
  • Tax Tract Number: 66352

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2023
Closed on
Jan 9, 2024
Sold by
Federal National Mortgage Assn and Mae Fannie
Bought by
Nowland Thomas F
Seller's Agent
Ron Edison
Tower Realty & Investments
Buyer's Agent
Stephanie Younger
Compass
List Price
$519,000
Sold Price
$450,000
Premium/Discount to List
-$69,000
-13.29%
Views
129
Current Estimated Value
$452,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,516
Avg. Annual Appreciation
0.83%

Purchase Details

Closed on
Feb 1, 2023
Sold by
Trustee Corps
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 19, 2018
Sold by
Greenland La Metropolis Development I Ll
Bought by
Kim Hye Kyong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,100
Interest Rate
4.6%
Mortgage Type
New Conventional
Source: Public Records

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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 $445,000 Servicelink
Trustee Deed $492,800 Servicelink
Grant Deed $599,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $539,100 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2024 01/10/24 Sold $450,000 0.0% $938 / Sq Ft
12/18/2023 12/18/23 Pending -- -- --
11/24/2023 11/24/23 Price Changed $450,000 -2.2% $938 / Sq Ft
10/26/2023 10/26/23 Price Changed $460,000 -4.0% $958 / Sq Ft
09/28/2023 09/28/23 Price Changed $479,000 -2.0% $998 / Sq Ft
08/28/2023 08/28/23 Price Changed $489,000 -3.6% $1,019 / Sq Ft
07/26/2023 07/26/23 Price Changed $507,000 -2.3% $1,056 / Sq Ft
06/29/2023 06/29/23 For Sale $519,000 -- $1,081 / 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 $5,935 $453,900 $91,800 $362,100
2024 $5,935 $484,500 $290,700 $193,800
2023 $7,981 $655,090 $382,775 $272,315
2022 $7,607 $642,246 $375,270 $266,976
2021 $7,512 $629,654 $367,912 $261,742
2019 $7,285 $610,980 $357,000 $253,980
2018 $3,434 $275,359 $70,747 $204,612
2017 $1,820 $150,960 $69,360 $81,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS23116367

California Regional Multiple Listing Service (CRMLS)

APN: 5144-023-109