NOT LISTED FOR SALE

Estimated Value: $583,000 - $783,000

2 Beds
2 Baths
1,175 Sq Ft
$917/mo HOA Fee

Last Sold April 20, 2020

Last sale price $645,000 $549 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,290/month

196 Days on Market

Highlights

  • Concierge
  • 24-Hour Security
  • Gated Parking
  • Fitness Center
  • In Ground Pool
  • 5-minute walk to Grand Park

About This Home

As of April 2020

Serenity awaits in this move-in ready two-bed, two-bath home flooded with natural light featuring two large patios with built-in awnings, views of the Walt Disney Concert Hall and DTLA skyline that flow seamlessly with the spacious open floor plan combining kitchen, dining, and living spaces. The master bedroom features a huge walk-in closet, en-suite bathroom, and additional storage. While in the second room, its versatility allows for a bedroom or a sizable office and lounge that leads out to the living room. The prestigious Promenade residences offer a collection of amenities including pool, spa, fitness center, expansive garden, 24-hour security, concierge, and guest parking. Ideally located in Bunker Hill, within steps of the Music Center, Broad Museum, Grand Park, Grand Central Market, mass transit, shopping, and restaurants. Recent updates include new HVAC, new carpet, fresh paint, and resurfaced patios. HOA dues include utilities, cable, internet, & earthquake insurance.

Last Listed By

David Lukan

Compass License #01873011 Listed on: 08/30/2019

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,561

Year Built

  • Built in 1980

Lot Details

  • 1.54

HOA Fees

  • $917 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,175 Sq Ft Home
  • Living Room
  • Dining Area
  • City Lights Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Dressing Area
  • 2 Full Bathrooms

Home Security

Parking

  • Gated Parking
  • Guest Parking

Outdoor Features

  • In Ground Pool
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5151-002-112

Community Details

Overview

  • 139 Units
  • 6-Story Property

Amenities

  • Concierge
  • Sundeck
  • Sauna
  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,561

Year Built

Built in 1980

Lot Details

0

HOA Fees

$917 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Advertising Remarks: Serenity awaits in this move-in ready two-bed, two-bath home flooded with natural light featuring two large patios with built-in awnings, views of the Walt Disney Concert Hall and DTLA skyline that flow seamlessly with the spacious open floor plan combining kitchen, dining, and living spaces. The master bedroom features a huge walk-in closet, en-suite bathroom, and additional storage. While in the second room, its versatility allows for a bedroom or a sizable office and lounge that leads out to the living room. The prestigious Promenade residences offer a collection of amenities including pool, spa, fitness center, expansive garden, 24-hour security, concierge, and guest parking. Ideally located in Bunker Hill, within steps of the Music Center, Broad Museum, Grand Park, Grand Central Market, mass transit, shopping, and restaurants. Recent updates include new HVAC, new carpet, fresh paint, and resurfaced patios. HOA dues include utilities, cable, internet, & earthquake insurance.
  • Complex Name: The Promenade
  • Entry Floor: 4
  • Living Area: 1175
  • Planned Urban Dev: 0
  • Stories: 6
  • Unit Floor In Building: 4
  • Year Built: 1980
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Cable, Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 553.19

Exterior Features

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

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage, Gated

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Carbon Monoxide Detector(s), Smoke Detector

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Concierge, Controlled Access, Elevator, Fitness Center, Gated Community, Gated Parking, Guest Parking, Onsite Property Management, Paddle Tennis, Pool, Sauna, Security, Spa, Sun Deck
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 917.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5151-002-112
  • Geocode Override: No
  • Lot Size Area: 67079

Multi Family

  • Number Of Units: 139

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2019
Closed on
Apr 11, 2020
Sold by
Bowick Stephanie M
Bought by
Liu Yimeng
Seller's Agent
David Lukan
Compass
Buyer's Agent
QIANG ZHANG
List Price
$685,000
Sold Price
$645,000
Premium/Discount to List
-$40,000
-5.84%
Total Days on Market
196
Current Estimated Value
$657,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,069
Avg. Annual Appreciation
0.87%

Purchase Details

Closed on
Dec 14, 2015
Sold by
Bowick Stephanie M
Bought by
Watson Kirk and Bryant Yvonne

Purchase Details

Closed on
Dec 26, 2012
Sold by
Bowick Stephanie M
Bought by
Watson Kirk and Bryant Yvonne

Purchase Details

Closed on
Sep 14, 2012
Sold by
Bowick Stephanie M
Bought by
Watson Kirk and Bryant Yvonne

Purchase Details

Closed on
Mar 26, 2011
Sold by
Bowick Stephanie M and Bowick Stephanie Marie
Bought by
Bowick Stephanie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,500
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2004
Sold by
Bowick Stephanie Marie
Bought by
Bowick Stephanie Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Interest Rate
5.92%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 7, 2002
Sold by
Bowick Stephanie Marie
Bought by
Bowick John David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5.87%

Purchase Details

Closed on
Oct 12, 2000
Sold by
Bowick John David
Bought by
Bowick John David and Bowick Stephanie Marie

Purchase Details

Closed on
Jul 26, 1999
Sold by
Kusuma Harada and Kokasih Kristiani
Bought by
Bowick John David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.51%
Mortgage Type
Balloon

Range of Values:

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Average Value
Not Available
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
Liu Yimeng $645,000 Provident Title Company
Bowick Stephanie M -- Provident Title Company
Watson Kirk -- None Available
Watson Kirk -- None Available
Bowick Stephanie M -- Lawyers Title Company
Bowick Stephanie Marie -- American Coast Title Company
Bowick John David -- American Coast Title
Bowick John David -- --
Bowick John David $165,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bowick Stephanie M $198,500
Previous Owner Bowick Stephanie Marie $212,500
Previous Owner Bowick John David $0
Previous Owner Bowick John David $215,000
Previous Owner Bowick John David $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2020 04/20/20 Sold $645,000 -0.8% $549 / Sq Ft
03/13/2020 03/13/20 Pending -- -- --
11/14/2019 11/14/19 Price Changed $650,000 -5.1% $553 / Sq Ft
08/30/2019 08/30/19 For Sale $685,000 0.0% $583 / Sq Ft
05/01/2013 05/01/13 Rented $2,300 0.0% --
05/01/2013 05/01/13 Under Contract -- -- --
03/25/2013 03/25/13 For Rent $2,300 -- --
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 $8,561 $691,566 $395,854 $295,712
2023 $8,394 $678,007 $388,093 $289,914
2022 $8,003 $664,714 $380,484 $284,230
2021 $7,897 $651,681 $373,024 $278,657
2020 $3,016 $231,870 $70,261 $161,609
2019 $2,903 $227,325 $68,884 $158,441
2018 $2,898 $222,869 $67,534 $155,335
2016 $2,731 $214,216 $64,912 $149,304
2015 $2,690 $210,999 $63,937 $147,062
2014 $2,706 $206,867 $62,685 $144,182
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 19-505444

The MLS

APN: 5151-002-112