NOT LISTED FOR SALE

Estimated Value: $784,000 - $884,672

1 Bed
1.5 Baths
970 Sq Ft
$1,276/mo HOA Fee

Last Sold March 08, 2024

Last sale price $820,000 $845 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,988/month

2 Days on Market

Highlights

  • Primary Bedroom Suite
  • 2.27 Acre Lot
  • Den
  • City Lights View
  • Community Pool
  • Living Room

About This Home

As of March 2024

The corner unit on the 32nd floor of Metropolis Tower 1 designed by contemporary award-winning architect Gensler, Downtown Los Angeles' iconic address for premier high-rise living. This home features are expansive great rooms, gracious master bedroom suites, walk-in closets and seamless, chef-caliber kitchen and 1 assigned parking space. It maximizes light, air and views, with floor-to-ceiling windows framing panoramic vistas of the Los Angeles skyline and Hollywood Hills beyond. Elevated resident-only amenities include sky park, pool, spa, meditation gardens, dog park, fitness center and more. It is conveniently located to many great restaurants, shops, the Crypto Center, and the 110/10 freeway.

Last Listed By

Wun Kwan

Pinnacle Real Estate Group License #01938895 Listed on: 02/17/2024

Pinnacle Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,495

Year Built

  • Built in 2017

Lot Details

  • 2.27

HOA Fees

Interior Spaces

  • 970 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Den
  • City Lights Views
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Primary Bedroom Suite

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Additional Features

  • Two or More Common Walls
  • Urban Location

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 66352
  • Assessor Parcel Number 5144032098
  • $189 per year additional tax assessments

Community Details

Overview

  • 308 Units
  • Metropolis 1 Association, Phone Number (213) 254-4616
  • First Service Residential Association, Phone Number (954) 926-2921
  • Action Life Property Management HOA

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,495

Year Built

Built in 2017

Lot Details

0

HOA Fees

$1,276 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAC2
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5144032098
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 970.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 845.36
  • Room Type: Den, Kitchen, Living Room, Primary Suite

Exterior Features

  • View: City Lights
  • Pool Features: Association
  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Unknown
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Metropolis Master Association
  • Amenities: Pool
  • Association Fee: 379.00
  • Association #2 Fee: 897.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Metropolis 1
  • Phone: 2132544616
  • Association Phone #2: 9549262921
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: Action Life Property Management
  • Association Management 2: First Service Residential

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 98939.00
  • Lot Size Acres: 2.2713

Multi Family

  • Lease Considered: No
  • Lot Size Area: 98939.0000 Square Feet
  • Number Of Units In Community: 308
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2077.11
  • Tax Lot: 3
  • Tax Tract Number: 66352
  • TaxOtherAnnualAssessmentAmount: 189.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2024
Closed on
Feb 27, 2024
Sold by
Cao Hai
Bought by
Liu Jianxin
Seller's Agent
Wun Kwan
Pinnacle Real Estate Group
Buyer's Agent
Irene Lin
Pinnacle Real Estate Group
List Price
$820,000
Sold Price
$820,000
Total Days on Market
2
Views
369
Current Estimated Value
$836,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,918
Avg. Annual Appreciation
1.82%
Original Mortgage
$420,000
Outstanding Balance
$414,694
Interest Rate
6.29%
Mortgage Type
New Conventional
Estimated Equity
$422,224

Purchase Details

Listed on
Feb 17, 2024
Closed on
Feb 21, 2024
Sold by
Cao Xinyue and Liu Jianxin
Bought by
Zhen Simon K
Seller's Agent
Wun Kwan
Pinnacle Real Estate Group
Buyer's Agent
Irene Lin
Pinnacle Real Estate Group
List Price
$820,000
Sold Price
$820,000
Views
369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$414,694
Interest Rate
6.29%
Mortgage Type
New Conventional
Estimated Equity
$422,224

Purchase Details

Listed on
Feb 17, 2024
Closed on
Jan 27, 2024
Sold by
Cao Xinyue and Joo Hyo Sung
Bought by
Cao Xinyue and Liu Jianxin
Seller's Agent
Wun Kwan
Pinnacle Real Estate Group
Buyer's Agent
Irene Lin
Pinnacle Real Estate Group
List Price
$820,000
Sold Price
$820,000
Views
369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$414,694
Interest Rate
6.29%
Mortgage Type
New Conventional
Estimated Equity
$422,224

Purchase Details

Listed on
Sep 23, 2020
Closed on
Nov 13, 2020
Sold by
Greenland La Metropolis Dev I Llc
Bought by
Cao Xinyue and Joo Hyo Sung
Seller's Agent
Michael Brizzolara
Polaris Pacific
Buyer's Agent
Troy Kuo
In Realty Inc.
List Price
$975,000
Sold Price
$965,000
Premium/Discount to List
-$10,000
-1.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.87%
Original Mortgage
$365,000
Interest Rate
4.12%
Mortgage Type
New Conventional

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
Liu Jianxin -- Pacific Coast Title
Zhen Simon K $820,000 Pacific Coast Title Company
Cao Xinyue -- None Listed On Document
Cao Xinyue $965,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhen Simon K $420,000
Previous Owner Cao Xinyue $200,000
Previous Owner Cao Xinyue $365,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $820,000 0.0% $845 / Sq Ft
02/17/2024 02/17/24 For Sale $820,000 -15.0% $845 / Sq Ft
02/23/2021 02/23/21 Sold $965,000 0.0% $916 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
02/22/2021 02/22/21 For Sale $965,000 0.0% $916 / Sq Ft
12/04/2020 12/04/20 Sold $965,000 -1.0% $916 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $975,000 -- $926 / 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
2024 $12,495 $1,024,065 $477,543 $546,522
2023 $12,250 $1,003,986 $468,180 $535,806
2022 $11,675 $984,300 $459,000 $525,300
2021 $11,530 $965,000 $450,000 $515,000
2020 $6,968 $565,281 $141,797 $423,484
2019 $6,692 $554,198 $139,017 $415,181
2018 $6,747 $543,333 $136,292 $407,041
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR24033860

California Regional Multiple Listing Service (CRMLS)

APN: 5144-032-098