NOT LISTED FOR SALE

Estimated Value: $558,000 - $704,000

1 Bed
1.5 Baths
1,130 Sq Ft
$655/mo HOA Fee

Last Sold October 11, 2022

Last sale price $600,000 $531 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,707/month

38 Days on Market

Highlights

  • Concierge
  • 24-Hour Security
  • Gated Parking
  • Fitness Center
  • Heated In Ground Pool
  • 1.64 Acre Lot

About This Home

As of October 2022

Spacious corner unit condo in one of the most chic condos in DTLA. This rare 1,130sf unit boasts one of the best and rarest floorplans. It consists of a generous master bedroom plus den, double vanity & sink in a large master bath, and a sizable powder room for guests. The flexible den space can be easily used as an office, playroom, informal second bedroom, and great for extra storage. The unit is nestled in the courtyard side providing much privacy and quiet with ample natural light. Single owner since construction, this owner occupied unit has never been rented, and has been kept in meticulous condition with upgrades consisting of a custom glass shower, built-in media cabinets in living room matching the kitchen cabinetry, and newer refrigerator and dishwasher. This unit comes with two, tandem parking spaces and the ability to install a storage cage and EV charging. Residents of Vero have access to a newly renovated outdoor patio with grills and fire pits, heated infinity pool with cabanas, state of the art fitness center, a private yoga room, dry saunas, a library, and 24-hour concierge and security. This condo is conveniently located close to major freeways, and walking distance to restaurants and shops.

Last Listed By

Helen Kim

Dream Realty & Investments Inc License #01914413 Listed on: 08/02/2022

Dream Realty & Investments Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,460

Year Built

  • Built in 2006

Lot Details

  • 1.64

HOA Fees

  • $655 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Tandem Parking
  • Gated Parking
  • Controlled Entrance

Property Views

  • Courtyard

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,130 Sq Ft Home
  • Built-In Features
  • Den

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • Powder Room
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Heated Spa

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5143-019-062

Community Details

Overview

  • 197 Units
  • Action Property Management Association
  • Built by Asanti Living

Amenities

  • Concierge
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,460

Year Built

Built in 2006

Lot Details

0

HOA Fees

$655 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Builder Name: Asanti Living
  • Complex Name: Vero
  • Entry Floor: 2
  • Living Area: 1130
  • Lot Acreage: 1.6376
  • Planned Urban Dev: 0
  • Unit Floor In Building: 2
  • Year Built: 2006
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Remote Controls: 2
  • Flooring: Carpet, Hardwood
  • Appliances: Cooktop - Gas, Oven, Microwave
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Shower and Tub, Shower Stall, Powder Room
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit, Inside, Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Dishwasher, Built-Ins, Garbage Disposal, Microwave, Range/Oven, Freezer, Dryer, Refrigerator, Washer, Stackable W/D Hookup
  • Price Per S Q F T: 548.67

Exterior Features

  • Pool Description: Association Pool, Heated, In Ground, Community
  • Pool: Yes
  • Spa: Heated, Association Spa, Community
  • Spa Yn: Yes
  • View: Courtyard, Pool
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage, Controlled Entrance, Covered Parking, Tandem
  • Total Parking: 2

Utilities

  • Cooling: Central, Air Conditioning
  • Heating: Central
  • Security: 24 Hour, Carbon Monoxide Detector(s), Card/Code Access, Fire and Smoke Detection System, Community, Smoke Detector, Guarded, Fire Sprinklers

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Concierge, Controlled Access, Elevator, Exercise Room, Gated Parking, Onsite Property Management, Sauna, Security, Spa
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 655.44
  • Management Company: Action Property Management
  • Mgmt Co Phone: 2132504232|
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5143-019-062
  • Lot Size Area: 71332

Multi Family

  • Number Of Units: 197

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2022
Closed on
Sep 21, 2022
Sold by
Upton Ryan and Upton Airi
Bought by
Hulme John
Seller's Agent
Helen Kim
Dream Realty & Investments Inc
Buyer's Agent
Ian Cherney
Keller Williams Larchmont
List Price
$620,000
Sold Price
$600,000
Premium/Discount to List
-$20,000
-3.23%
Total Days on Market
38
Views
8
Current Estimated Value
$614,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,507
Avg. Annual Appreciation
0.95%

Purchase Details

Closed on
Nov 18, 2013
Sold by
Upton Ryan
Bought by
Upton Ryan and Upton Airi

Purchase Details

Closed on
May 23, 2013
Sold by
Upton Thomas
Bought by
Upton Ryan and Upton Airi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2007
Sold by
Villa Verona Llc
Bought by
Upton Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.87%
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
Hulme John $600,000 Provident Title
Upton Ryan -- Chicago Title
Upton Ryan -- Lawyers Title
Upton Thomas $497,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Upton Ryan $126,000
Previous Owner Upton Thomas $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Sold $600,000 -3.2% $531 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
08/02/2022 08/02/22 For Sale $620,000 -- $549 / 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 $7,460 $612,000 $183,600 $428,400
2023 $7,318 $600,000 $180,000 $420,000
2022 $7,352 $627,453 $188,105 $439,348
2021 $7,256 $615,151 $184,417 $430,734
2019 $7,035 $596,908 $178,949 $417,959
2018 $7,020 $585,205 $175,441 $409,764
2016 $6,708 $562,482 $168,629 $393,853
2015 $6,320 $530,000 $160,000 $370,000
2014 $5,496 $450,000 $136,000 $314,000
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 22-185755

The MLS

APN: 5143-019-062