NOT LISTED FOR SALE

Estimated Value: $6,289,724 - $6,887,000

3 Beds
3.5 Baths
4,211 Sq Ft
9.17 Acres

Last Sold January 13, 2012

Last sale price $4,000,000 $950 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $42,509/month

1 Day on Market

Highlights

  • Concierge
  • 24-Hour Security
  • City Lights View
  • Fitness Center
  • Heated In Ground Pool
  • Granite Flooring

About This Home

As of January 2012

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 & luxurious 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. More info at www.allaccessliving.com

Last Agent to Sell the Property

William Rose

The Agency Ritz-Carlton Branch License #01302611 Listed on: 01/12/2012

The Agency Ritz-Carlton Branch

Co-Listed By

Mauricio Umansky

The Agency Ritz-Carlton Branch License #01222825

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $85,331

Year Built

  • Built in 2010

Lot Details

  • 9.17

Parking

  • Subterranean Parking

Home Design

  • Entry on the 45th floor

Interior Spaces

  • 4,211 Sq Ft Home
  • Built-In Features
  • City Lights Views
  • Security System Owned

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Stone
  • Granite

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

Overview

  • 224 Units
  • 54-Story Property

Amenities

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

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$85,331

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: New Project
  • Street Number Display: Yes
  • Complex Name: The Ritz-Carlton Residences at LA Live
  • Entry Floor: 45
  • Living Area: 4211
  • Planned Urban Dev: 0
  • Stories: 54
  • Unit Floor In Building: 45
  • Year Built: 2010
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Granite, Hardwood, Stone
  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 3.50
  • Den: 0
  • Equipment: Built-Ins, Cable, Dishwasher, Dryer, Elevator, Freezer, Garbage Disposal, Hood Fan, Microwave, Network Wire, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1064.36

Exterior Features

  • Pool Description: Community, Heated, Private
  • Pool: Yes
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Subterranean

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Community, Guarded, Owned, T.V.

Association/Amenities

  • Amenities: Concierge, Conference, Controlled Access, Elevator, Exercise Room, Extra Storage, Pool, Security, Spa, Sun Deck, Valet Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 3653.00

Lot Info

  • Assessor Parcel Number: UNAVAILABLE

Multi Family

  • Number Of Units: 224

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2020
Sold by
Xu Kevin P
Bought by
Li
Current Estimated Value
$6,547,181

Purchase Details

Listed on
Jan 12, 2012
Closed on
Nov 17, 2011
Sold by
Olympic & Georgia Partners Llc
Bought by
Xu Kevin P
Seller's Agent
William Rose
The Agency Ritz-Carlton Branch
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$4,482,000
Sold Price
$4,000,000
Premium/Discount to List
-$482,000
-10.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.75%
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
Li -- Accommodation
Xu Kevin P $4,000,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li $4,020,000
Closed Xu Kevin P $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2012 01/13/12 Sold $4,000,000 -10.8% $950 / Sq Ft
01/13/2012 01/13/12 Pending -- -- --
01/12/2012 01/12/12 For Sale $4,482,000 -- $1,064 / 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 $85,331 $7,035,807 $2,814,322 $4,221,485
2024 $85,331 $6,897,851 $2,759,140 $4,138,711
2023 $83,588 $6,762,600 $2,705,040 $4,057,560
2022 $79,647 $6,630,000 $2,652,000 $3,978,000
2021 $56,509 $4,641,604 $977,055 $3,664,549
2020 $57,042 $4,594,011 $967,037 $3,626,974
2019 $54,797 $4,503,933 $948,076 $3,555,857
2018 $54,599 $4,415,622 $929,487 $3,486,135
2016 $52,242 $4,244,160 $893,395 $3,350,765
2015 $51,488 $4,180,410 $879,976 $3,300,434
2014 $51,547 $4,098,523 $862,739 $3,235,784
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-575041

The MLS

APN: 5138-027-184