NOT LISTED FOR SALE

Estimated Value: $600,000 - $658,000

1 Bed
1 Bath
946 Sq Ft
$693/mo HOA Fee

Last Sold December 28, 2017

Last sale price $611,000 $646 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,881/month

10 Days on Market

Highlights

  • Concierge
  • 4-minute walk to Pico Station
  • In Ground Pool
  • Fitness Center
  • 24-Hour Security
  • 4-minute walk to South Park Commons

About This Home

As of December 2017

This open and bright 1 BR, 1 BA unit at Luma features extra-high ceilings (unique to units only on the 13th floor), newly-finished wooden floors, and floor-to-ceiling windows. Sweeping views of historic buildings, the Financial District, and snow-capped San Gabriels grace the unit. Blending natural textures, the loft incorporates modern and industrial styles with exposed concrete walls and posts, coupled with luscious wood floors and a modern kitchen with stainless-steel appliances and Caesarstone counter-tops. A walk-in closet, large bathroom, and stacked in-unit washer/dryer complete this loft. Utilities and Amenities INCLUDED as follows: Gas, Water, Trash, 1 car parking, 24/7 concierge/security, fitness center, pool, spa, and sundeck with 4 grills. Located just blocks from LA Live, the Ritz Carlton, Staples Center, Whole Foods and plenty of other new and exciting shopping, dining and entertainment options.

Last Listed By

Kerry Marsico

Compass License #01456415 Listed on: 11/28/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,659

Year Built

  • Built in 2007

Lot Details

  • 0.95

HOA Fees

  • $693 Monthly HOA Fees

Parking

  • Controlled Entrance

Home Design

  • Modern Architecture

Interior Spaces

  • 946 Sq Ft Home
  • Living Room
  • Dining Area
  • Wood Flooring
  • City Lights Views

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5139-005-176

Community Details

Overview

  • 233 Units
  • Action Property Management Association

Amenities

  • Concierge
  • Sundeck
  • Community Barbecue Grill
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,659

Year Built

Built in 2007

Lot Details

0

HOA Fees

$693 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Street Number Display: Yes
  • Complex Name: Luma Homeowners Association
  • Entry Floor: 13
  • Living Area: 946
  • Planned Urban Dev: 0
  • Unit Floor In Building: 13
  • Year Built: 2007
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet, In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 660.68

Exterior Features

  • Tennis Court Y/N: No
  • Exposure: East
  • Pool Description: Association Pool, In Ground
  • Pool: Yes
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Community Garage, Controlled Entrance

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Pet Rules, Concierge, Controlled Access, Elevator, Exercise Room, Fitness Center, Onsite Property Management, Pool, Spa, Sun Deck
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 693.43
  • Management Company: Action Property Management
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5139-005-176
  • Geocode Override: No
  • Lot Size Area: 41205

Multi Family

  • Number Of Units: 233

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2017
Closed on
Dec 19, 2017
Sold by
Rao Suchet Srivamsi Suryadevara
Bought by
Jee Young Min and Woo Jaim Chi
Seller's Agent
Kerry Marsico
Compass
Buyer's Agent
Abraham Hernandez
Loftway
List Price
$625,000
Sold Price
$611,000
Premium/Discount to List
-$14,000
-2.24%
Total Days on Market
10
Current Estimated Value
$622,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,048
Avg. Annual Appreciation
0.24%

Purchase Details

Listed on
Nov 2, 2011
Closed on
Feb 9, 2012
Sold by
Rindenau Jay J
Bought by
Rao Suchet Srivamsi Suryadevara and Shah Roshni Harshad
Seller's Agent
Christiano Sampaio
Loftway
Buyer's Agent
Peter Lorimer
PLG Estates
List Price
$399,000
Sold Price
$390,000
Premium/Discount to List
-$9,000
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%

Purchase Details

Closed on
Dec 9, 2010
Sold by
Federal National Mortgage Association
Bought by
Rindenau Jay J

Purchase Details

Closed on
Mar 1, 2010
Sold by
Jung Sarah
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 29, 2007
Sold by
South Park Phase Ii Llc
Bought by
Jung Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

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
Jee Young Min $611,000 Provident Title Company
Rao Suchet Srivamsi Suryadevara $390,000 Chicago Title
Rindenau Jay J $325,000 Lawyers Title
Federal National Mortgage Association $450,740 Accommodation
Jung Sarah -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rao Suchet Srivamsi Suryadevara $417,000
Previous Owner Jung Sarah $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2017 12/28/17 Sold $611,000 -2.2% $646 / Sq Ft
11/28/2017 11/28/17 For Sale $625,000 +60.3% $661 / Sq Ft
02/17/2012 02/17/12 Sold $390,000 -2.3% $429 / Sq Ft
01/12/2012 01/12/12 Pending -- -- --
11/02/2011 11/02/11 For Sale $399,000 -- $438 / 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
2024 $8,659 $681,579 $334,654 $346,925
2023 $8,478 $668,216 $328,093 $340,123
2022 $8,079 $655,114 $321,660 $333,454
2021 $7,902 $642,269 $315,353 $326,916
2020 $7,969 $635,684 $312,120 $323,564
2019 $7,652 $623,220 $306,000 $317,220
2018 $7,629 $611,000 $300,000 $311,000
2016 $5,308 $413,804 $265,259 $148,545
2015 $5,233 $407,589 $261,275 $146,314
2014 $5,242 $399,605 $256,157 $143,448
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 17-293030

The MLS

APN: 5139-005-176