NOT LISTED FOR SALE

Estimated Value: $490,708 - $502,000

-- Bed
1 Bath
750 Sq Ft
$681/mo HOA Fee

Last Sold October 21, 2024

Last sale price $490,000 $653 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,477/month

60 Days on Market

Highlights

  • Doorman
  • Rooftop Deck
  • City Lights View
  • 24-Hour Security
  • Gourmet Kitchen
  • 3-minute walk to City Hall Park Center

About This Home

As of October 2024

Step into the charm and grandeur of early 20th-century architecture with this exceptional loft in the historic Higgins Building(Mills Act Tax Savings), a distinguished landmark in Downtown Los Angeles. Built in 1910 and celebrated for its Beaux-Arts design, the Higgins Building stands as a testament to timeless elegance and enduring quality. This unique loft combines historic character with contemporary luxury, offering an expansive 750 square feet of living space that seamlessly integrates original architectural details with Fully renovated, high-end, modern amenities. The open-concept layout features soaring ceilings, exposed brick walls, and original industrial windows that flood the space with natural light and showcase stunning city skyline views. The gourmet kitchen is a chef's dream, equipped with high-end stainless steel appliances, quartz countertops, and a spacious island that's perfect for entertaining. Enjoy a spa like bathroom, in-unit laundry and plenty of closet space. Residents also enjoy access to the building's impressive amenities, including a grand lobby featuring a 24hr door person and a rooftop terrace with panoramic city views. Located in the heart of the Historic Core, this loft offers unparalleled access to vibrant cultural attractions, eclectic dining options in Little Tokyo/Arts District and Grand Central Market, boutique shopping, and dynamic entertainment venues. Embrace the opportunity to own a piece of Los Angeles history while enjoying the best of contemporary urban living.

Last Agent to Sell the Property

Mitchel Carricart

Revel Real Estate License #01484792 Listed on: 08/16/2024

Last Buyer's Agent

Christiano Sampaio

Loftway License #01412928

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,915

Year Built

  • Built in 1910

Lot Details

  • West Facing Home
  • Gated Home

HOA Fees

  • $681 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Interior Spaces

  • 1 Full Bathroom
  • 750 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Concrete Flooring

Kitchen

  • Gourmet Kitchen
  • Open to Family Room
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island

Laundry

  • Laundry Room
  • Washer

Parking

  • 1 Covered Space
  • Off-Site Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5149-006-102

Community Details

Overview

  • 143 Units
  • 10-Story Property

Amenities

  • Doorman
  • Rooftop Deck
  • Sundeck
  • Community Barbecue Grill
  • Trash Chute
  • Lobby

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,915

Year Built

Built in 1910

Lot Details

0

HOA Fees

$681 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Higgins Loft
  • Entry Floor: 7
  • Living Area: 750
  • Lot Acreage: 0.4398
  • Planned Urban Dev: 0
  • Stories: 10
  • Unit Floor In Building: 7
  • Year Built: 1910
  • Builders Tract Name: The Higgins Loft Building
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Cement
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Remodeled, Island, Gourmet Kitchen, Open to Family Room
  • Laundry: In Closet, Laundry Closet Stacked, Inside, In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Electric Dryer Hookup, Microwave, Gas Or Electric Dryer Hookup, Freezer, Range/Oven, Refrigerator, Stackable W/D Hookup, Washer
  • Price Per S Q F T: 680.00

Exterior Features

  • Direction Faces: West
  • Pool: No
  • View: City, City Lights, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Offsite

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Community, Card/Code Access, Guarded, Gated Community with Guard, Gated

Association/Amenities

  • Amenities: Assoc Barbecue, Sun Deck, Gated Community Guard, Security
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • High Rise: Trash Chute, Sun Deck, Rooftop Sky Deck, On-Site Guard, Entrance Lobby, Door Person
  • HOA Fees: 681.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5149-006-102
  • Lot Size Area: 19159

Multi Family

  • Number Of Units: 143

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2024
Closed on
Sep 24, 2024
Sold by
Boisvert Eric and Virello Sarah Y
Bought by
Jing Ho Living Trust and Ho
Seller's Agent
Mitchel Carricart
Revel Real Estate
Buyer's Agent
Christiano Sampaio
Loftway
List Price
$530,000
Sold Price
$490,000
Premium/Discount to List
-$40,000
-7.55%
Total Days on Market
60
Views
27
Current Estimated Value
$496,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,677
Avg. Annual Appreciation
2.24%

Purchase Details

Closed on
Sep 28, 2022
Sold by
Alfredo Ortega
Bought by
Boisvert Eric and Virello Sarah Y

Purchase Details

Closed on
Jan 11, 2022
Sold by
Mytar Jason R and Mytar Renee W
Bought by
Ortega Alfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,750
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 2, 2016
Closed on
Nov 28, 2016
Sold by
Sagapo Misst Llc
Bought by
Mytar Jason R and Mytar Renee W
Seller's Agent
Demi Tolbert
Desert Connections Realty
Buyer's Agent
Jennifer Akbari
Compass
List Price
$488,000
Sold Price
$442,000
Premium/Discount to List
-$46,000
-9.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.39%

Purchase Details

Closed on
Oct 26, 2011
Sold by
Bank Of America N A
Bought by
Sagapo Misst Llc

Purchase Details

Closed on
Feb 16, 2011
Sold by
Lorimer Peter Richard
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
May 26, 2006
Sold by
Poffenberger David W
Bought by
Lorimer Peter Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.55%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 6, 2005
Sold by
Ladt Llc
Bought by
Poffenberger David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.12%
Mortgage Type
Commercial
Source: Public Records

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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
Jing Ho Living Trust $490,000 Chicago Title Company
Boisvert Eric $520,000 All California Title & Escrow
Ortega Alfredo $545,000 Lawyers Title
Mytar Jason R $442,000 Fidelity National Title
Sagapo Misst Llc $180,000 Servicelink
Bac Home Loans Servicing Lp $158,400 Landsafe Title
Lorimer Peter Richard $525,000 Fatcola
Poffenberger David W $280,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ortega Alfredo $408,750
Previous Owner Lorimer Peter Richard $105,000
Previous Owner Lorimer Peter Richard $420,000
Previous Owner Poffenberger David W $224,000
Closed Poffenberger David W $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2024 10/21/24 Sold $490,000 -3.9% $653 / Sq Ft
10/15/2024 10/15/24 Pending -- -- --
09/08/2024 09/08/24 Price Changed $510,000 0.0% $680 / Sq Ft
09/05/2024 09/05/24 Price Changed $509,999 -3.8% $680 / Sq Ft
08/16/2024 08/16/24 For Sale $530,000 +19.9% $707 / Sq Ft
12/14/2016 12/14/16 Sold $442,000 -9.4% $589 / Sq Ft
12/06/2016 12/06/16 Pending -- -- --
08/02/2016 08/02/16 For Sale $488,000 0.0% $651 / Sq Ft
05/15/2016 05/15/16 Rented $2,250 -2.2% --
04/24/2016 04/24/16 Price Changed $2,300 -4.2% $3 / Sq Ft
03/13/2016 03/13/16 For Rent $2,400 0.0% --
09/22/2014 09/22/14 Rented $2,400 -4.0% --
09/22/2014 09/22/14 Under Contract -- -- --
08/12/2014 08/12/14 For Rent $2,500 -- --
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 $1,915 $144,000 $28,800 $115,200
2023 $1,913 $144,000 $28,800 $115,200
2022 $1,860 $144,000 $28,800 $115,200
2021 $2,202 $173,000 $34,600 $138,400
2019 $2,008 $153,000 $30,600 $122,400
2018 $1,996 $153,000 $30,600 $122,400
2016 $1,129 $82,000 $16,400 $65,600
2015 $1,684 $82,000 $16,400 $65,600
2014 $1,279 $82,000 $16,400 $65,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-428647

The MLS

APN: 5149-006-102