$505,000
SOLD FEB 27, 2025
1 Bed
1 Bath
800 Sq Ft
$732/mo HOA Fee

Recently Sold

$631 Per Sq Ft

5% Below List Price

53 Days on Market

Highlights

  • Concierge
  • Loft
  • Elevator
  • City Lights View
  • Sundeck
  • 3-minute walk to City Hall Park Center

About This Home

As of February 2025

Welcome to a slice of Los Angeles history where timeless elegance meets contemporary comfort. This exquisite one-bedroom, one-bathroom flat spans a generous 800 square feet, offering an open loft-style living experience right in the heart of downtown LA. Housed in a storied historical building from the Beaux Arts era, this unit has been meticulously updated to cater to modern tastes without sacrificing its unique architectural charm. Freshly painted walls are complemented by a host of new appliances, blending the classic with the contemporary.As you step into the space, you're greeted by soaring ceilings and an array of amazing double-hung windows that flood the interior with natural light. These windows aren't just functional; they offer stunning views of the surrounding mountains and iconic Los Angeles landmarks, inviting you to gaze out at the city's vibrant tapestry. The flat's interior features rich architectural details that harken back to a bygone era, providing a sense of character that is rarely found in modern housing. The open layout allows for endless possibilities to tailor the space to your taste and lifestyle, making it an ideal canvas for your personal touch. Whether you're a first-time buyer, a seasoned investor, or simply seeking a unique downtown abode, this property promises an unparalleled living experience. Embrace the opportunity to own a piece of Los Angeles history, where the pulse of the city is right at your doorstep. Don't miss out on this gem in the bustling heart of the metropolis.

Last Agent to Sell the Property

Roxanna Godinez

DPP License #01137955 Listed on: 12/12/2024

DPP

Last Buyer's Agent

Wendy Wilkins

eXp Realty of Greater Los Angeles License #01906934

eXp Realty of Greater Los Angeles

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,046

Year Built

  • Built in 1910

HOA Fees

  • $732 Monthly HOA Fees

Parking

  • Off-Site Parking

Property Views

  • City Lights
  • Views of a landmark
  • Mountain

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Loft

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5149-006-107

Community Details

Overview

  • 142 Units

Amenities

  • Concierge
  • Sundeck
  • Community Barbecue Grill
  • Laundry Facilities
  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,046

Year Built

Built in 1910

Lot Details

0

HOA Fees

$732 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Higgins Lofts
  • Entry Floor: 8
  • Living Area: 800
  • Lot Acreage: 0.4398
  • Planned Urban Dev: 0
  • Unit Floor In Building: 8
  • Year Built: 1910
  • Number Of Photos: 38
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

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, Garbage Disposal, Refrigerator, Range/Oven, Microwave, Dishwasher
  • Price Per S Q F T: 643.75

Exterior Features

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

Garage/Parking

  • Parking Garage: Offsite

Utilities

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

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Pet Rules, Concierge, Controlled Access, Elevator, Sun Deck
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 731.64
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5149-006-107
  • Lot Size Area: 19159

Multi Family

  • Number Of Units: 142

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2024
Closed on
Feb 21, 2025
Sold by
Lee Kyong Suk
Bought by
Ivanov Ivan Pavlov
Seller's Agent
Roxanna Godinez
DPP
Buyer's Agent
Wendy Wilkins
eXp Realty of Greater Los Angeles
List Price
$530,000
Sold Price
$505,000
Premium/Discount to List
-$25,000
-4.72%
Views
28
Current Estimated Value
$499,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,739
Avg. Annual Appreciation
-2.04%
Original Mortgage
$378,750
Outstanding Balance
$377,192
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$122,430
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
Grant Deed $505,000 Chicago Title Company
Quit Claim Deed -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $378,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2025 02/27/25 Sold $505,000 -1.9% $631 / Sq Ft
02/03/2025 02/03/25 Pending -- -- --
01/28/2025 01/28/25 Price Changed $515,000 -2.8% $644 / Sq Ft
12/12/2024 12/12/24 For Sale $530,000 -- $663 / 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
2025 $2,046 $154,000 $30,800 $123,200
2024 $2,046 $154,000 $30,800 $123,200
2023 $2,043 $154,000 $30,800 $123,200
2022 $1,986 $154,000 $30,800 $123,200
2021 $2,340 $184,000 $36,800 $147,200
2019 $2,134 $164,000 $32,800 $131,200
2018 $2,136 $164,000 $32,800 $131,200
2016 $1,389 $103,224 $20,600 $82,624
2015 $1,787 $103,224 $20,600 $82,624
2014 $1,360 $103,224 $20,600 $82,624
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-472339

The MLS

APN: 5149-006-107