NOT LISTED FOR SALE

Estimated Value: $1,731,000 - $2,042,806

2 Beds
3 Baths
1,920 Sq Ft
$2,312/mo HOA Fee

Last Sold July 31, 2017

Last sale price $1,955,000 $1,018 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $14,807/month

7 Days on Market

Highlights

  • Concierge
  • Boat Dock
  • Fitness Center
  • Ocean View
  • Community Cabanas
  • 3-minute walk to LA Live Dog Park

About This Home

As of July 2017

Priced to Sell: Southwest Corner 2 bedroom + Office at The Ritz-Carlton LA Live w/nearly 2000 Sq Ft of living space. Invest in the Booming DTLA Market with a Famous Global Luxury Brand; They even treat their Residents to a complimentary breakfast every day. Unheard of in LA! Just part of the convenient lifestyle at this stunning property to take ease from busy city life. Staged beautifully, this is one of the most popular corner plans as it features panoramic views of the Staples Center, Ocean, Sunsets & Hollywood Hills. Upgrades include custom closet cabinetry, window shades & some new flooring. Master suite is large with a luxurious en suite bathroom. 2nd Bdrm is also ample size & features a large walk in closet. 5 Star amenities include the popular daily breakfast to its residents, valet parking, security, concierge, Billiard Room with one of a kind glass pool table, conference / dinner room, screening room, access to the hotel's room service, spa, housekeeping & more.

Last Listed By

Yvonne Neustadter

The Property Lab, Inc. License #01882489 Listed on: 05/04/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $27,345

Year Built

  • Built in 2010

Lot Details

  • 9

HOA Fees

  • $2,312 Monthly HOA Fees

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • Views of a landmark
  • Mountain
  • Hills

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,920 Sq Ft Home
  • Furnished
  • Den

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 2 Covered Spaces
  • Guest Parking

Pool

  • Heated In Ground Pool
  • Saltwater Pool

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5138-027-059

Community Details

Overview

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

Amenities

  • Concierge
  • Valet Parking
  • Sundeck
  • Billiard Room
  • Meeting Room
  • Elevator
  • Community Storage Space

Recreation

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

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$27,345

Year Built

Built in 2010

Lot Details

0

HOA Fees

$2,312 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Residences at LA Live Association
  • Entry Floor: 33
  • Living Area: 1920
  • Planned Urban Dev: 0
  • Stories: 54
  • Unit Floor In Building: 33
  • Year Built: 2010
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Hardwood, Stone Tile
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 3
  • 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: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: No
  • Price Per S Q F T: 1039.06

Exterior Features

  • Tennis Court Y/N: No
  • Exposure: Southwest
  • Pool Description: Heated And Filtered, Salt/Saline
  • Pool: Yes
  • View: City, City Lights, Coastline, Hills, Landmark, Mountains, Ocean, Panoramic
  • 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

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Billiard Room, Concierge, Conference, Controlled Access, Dock, Elevator, Extra Storage, Fitness Center, Guest Parking, Pool, Private Cabana, Security, Spa, Sun Deck, Valet Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 2312.00
  • HOA: Yes
  • Unit Location: Corner

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5138-027-059
  • Geocode Override: No
  • Lot Size Area: 399270

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units: 224

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2024
Sold by
Chung James
Bought by
Kim Sujung
Total Days on Market
7
Current Estimated Value
$1,842,602

Purchase Details

Listed on
May 4, 2017
Closed on
Jul 19, 2017
Sold by
Altman Howard and The Timothy Shirley Trust
Bought by
Chung James and Kim Sujung
Seller's Agent
Yvonne Neustadter
The Property Lab, Inc.
Buyer's Agent
Beata Mandell
The Executive Realty Group
List Price
$1,995,000
Sold Price
$1,955,000
Premium/Discount to List
-$40,000
-2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.76%

Purchase Details

Closed on
Sep 25, 2012
Sold by
Olympic & Georgia Partners Llc
Bought by
Altman Howard and The Timothy Shirley Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000,000
Interest Rate
3.53%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

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
Kim Sujung -- --
Chung James $1,955,000 Provident Title Company
Altman Howard $1,550,015 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chung James $1,260,000
Previous Owner Chung James Jang Hoon $500,000
Previous Owner Chung James $500,000
Previous Owner Chung James $500,000
Previous Owner Olympic & Georgia Partners Llc $375,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2017 07/31/17 Sold $1,955,000 -2.0% $1,018 / Sq Ft
05/11/2017 05/11/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $1,995,000 0.0% $1,039 / Sq Ft
01/14/2015 01/14/15 Rented $8,000 0.0% --
01/14/2015 01/14/15 Under Contract -- -- --
12/04/2014 12/04/14 For Rent $8,000 -- --
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
2024 $27,345 $2,180,834 $545,486 $1,635,348
2023 $26,783 $2,138,074 $534,791 $1,603,283
2022 $25,524 $2,096,152 $524,305 $1,571,847
2021 $25,059 $2,055,052 $514,025 $1,541,027
2019 $24,301 $1,994,100 $498,780 $1,495,320
2018 $24,193 $1,955,000 $489,000 $1,466,000
2016 $19,971 $1,612,363 $364,081 $1,248,282
2015 $19,684 $1,588,145 $358,613 $1,229,532
2014 $19,709 $1,557,037 $351,589 $1,205,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-226894

The MLS

APN: 5138-027-059