$545,000
SOLD JAN 3, 2025
1 Bed
1 Bath
1,040 Sq Ft
$728/mo HOA Fee

Recently Sold

$524 Per Sq Ft

9% Below List Price

92 Days on Market

Highlights

  • Concierge
  • Loft
  • Built-In Features
  • City Lights View
  • Elevator
  • 3-minute walk to City Hall Park Center

About This Home

As of January 2025

Remodeled Live/Work Loft at the Higgins building, corner unit facing NorthEast with city views. High ceilings, concrete floors, large windows, modern Kitchen with large counter, and a designer bath. Mills Act building with huge savings on property taxes. Centrally located to Little Tokyo, Historic Core, Gallery Row, Disney Hall, Broad Museum, Central Market, and steps to the future MTA connector. The building features a doorman, security, and a barbecue area on the roof. Parking is available for a fee in the building and nearby.

Last Agent to Sell the Property

Christiano Sampaio

Loftway License #01412928 Listed on: 08/27/2024

Last Buyer's Agent

Tulane Joseph

The Agency License #02143108

The Agency

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,588

Year Built

  • Built in 1910

HOA Fees

  • $728 Monthly HOA Fees

Property Views

  • City Lights
  • Views of a landmark
  • Mountain

Interior Spaces

  • 1,040 Sq Ft Home
  • Built-In Features
  • Loft
  • Stacked Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Open Patio
  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5149-006-018

Community Details

Overview

  • 141 Units
  • 10-Story Property

Amenities

  • Concierge
  • Laundry Facilities
  • Elevator

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,588

Year Built

Built in 1910

Lot Details

0

HOA Fees

$728 per month

Listing Details

  • Property Type: Residential
  • Style: Architectural
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Higgins Lofts
  • Entry Floor: 2
  • Living Area: 1040
  • Lot Acreage: 0.4398
  • Planned Urban Dev: 0
  • Stories: 10
  • Unit Floor In Building: 2
  • Year Built: 1910
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Cement, Tile
  • 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: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Stackable W/D Hookup
  • Price Per S Q F T: 552.88

Exterior Features

  • Pool: No
  • Spa Yn: No
  • View: City Lights, Landmark, Mountains
  • View: Yes

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Concierge, Controlled Access, Elevator
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 728.00
  • HOA: Yes
  • Unit Location: corner

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5149-006-018
  • Lot Size Area: 19159

Multi Family

  • Number Of Units: 141

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2018
Sold by
Weiss Jeffry
Bought by
Weiss Jeffrey Alan and Sorgi Christine Marie
Total Days on Market
92
Current Estimated Value
$568,894

Purchase Details

Closed on
Sep 7, 2012
Sold by
Sorgi Chris
Bought by
Weiss Jeffry

Purchase Details

Closed on
Jul 31, 2012
Sold by
Bates Michael Sean
Bought by
Weiss Jeffry

Purchase Details

Closed on
Apr 14, 2009
Sold by
Bates Michael Sean and Kim Jenny
Bought by
Bates Michael Sean

Purchase Details

Closed on
Dec 17, 2007
Sold by
Bates Michael Sean
Bought by
Bates Michael Sean and Kim Jenny

Purchase Details

Closed on
Feb 24, 2006
Sold by
Bates Michael S
Bought by
Bates Michael Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
7.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 9, 2005
Sold by
Park Kyong M
Bought by
Bates Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,200
Interest Rate
8.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 26, 2005
Sold by
Park Bu Cha
Bought by
Park Kyong M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Company
Grant Deed $285,000 First American Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $599,000 --
Interfamily Deed Transfer -- Stewart Title
Grant Deed $390,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $540,000 Negative Amortization
Previous Owner $67,500 Credit Line Revolving
Previous Owner $520,000 Commercial
Previous Owner $60,000 Credit Line Revolving
Previous Owner $479,200 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2025 01/03/25 Sold $545,000 -5.2% $524 / Sq Ft
11/27/2024 11/27/24 Pending -- -- --
10/15/2024 10/15/24 Price Changed $575,000 -4.2% $553 / Sq Ft
08/27/2024 08/27/24 For Sale $600,000 -- $577 / 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 $2,588 $195,000 $39,000 $156,000
2023 $2,583 $195,000 $39,000 $156,000
2022 $2,510 $195,000 $39,000 $156,000
2021 $2,760 $216,000 $43,200 $172,800
2019 $2,599 $158,000 $31,600 $126,400
2018 $2,106 $158,000 $31,600 $126,400
2016 $1,877 $141,000 $28,200 $112,800
2015 $2,323 $141,000 $28,200 $112,800
2014 $1,749 $141,000 $28,200 $112,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-431699

The MLS

APN: 5149-006-018