$615,000
SOLD NOV 7, 2017
-- Bed
1 Bath
1,040 Sq Ft
$518/mo HOA Fee

Recently Sold

$591 Per Sq Ft

2% Below List Price

59 Days on Market

Highlights

  • City Lights View
  • Open Floorplan
  • High Ceiling
  • 19,153 Sq Ft lot
  • Loft
  • 3-minute walk to City Hall Park Center

About This Home

As of November 2017

Coveted, high floor, corner unit with unobstructed city views! True loft in the historic, Beaux Arts style Higgins Building. Unit features an open layout, high ceilings and enormous, zinc wrapped windows. Additional features are concrete floors, stainless steel appliances and an in-unit washer & dryer.

Conveniently located in the Civic Center area, a block from the brand-new Metro station currently under construction. Within close proximity to restaurants, bars and countless other points of interest. Building is pet friendly and across from the best dog park (unofficial) in Downtown! Enjoy VIP access and discounts at the Edison, which is housed in the basement of the building.

Building amenities include front desk attendants and a rooftop deck with amazing skyline views! Property is designated "historic" under The Mills Act and owners benefit from a reduction of approximately 60% on property taxes.

While parking is not included, it is available in nearby lots for approximately $125-$150 per month.

Last Agent to Sell the Property

Troy Vathanadireg

SKYLARK REALTY License #01822928 Listed on: 05/24/2017

Last Buyer's Agent

Troy Vathanadireg

SKYLARK REALTY License #01822928 Listed on: 05/24/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,588

Year Built

  • Built in 1910

Lot Details

  • Two or More Common Walls
  • Density is over 40 Units/Acre

HOA Fees

  • $518 Monthly HOA Fees

Parking

  • Parking Available

Interior Spaces

  • 1,040 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Family Room Off Kitchen
  • Loft
  • Concrete Flooring
  • City Lights Views
  • Laundry Room

Kitchen

  • Open to Family Room
  • Electric Range
  • Disposal

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Bathtub with Shower

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 53327
  • Assessor Parcel Number 5149006108

Community Details

Overview

  • Higgins Loft Homeowners Association, Phone Number (213) 627-2965
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Laundry Facilities

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,588

Year Built

Built in 1910

Lot Details

0

HOA Fees

$518 per month

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Card/Code Access
  • View: Yes
  • Zoning: LAC4
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5149006108
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1040.00 Square Feet
  • Interior Amenities: High Ceilings, Open Floorplan
  • Common Walls: 2+ Common Walls
  • Flooring: Concrete
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 591.35
  • Room Type: Loft
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • View: City Lights
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Disposal, Refrigerator
  • Heating Type: Central
  • Laundry Features: Community, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Outdoor Cooking Area, Maintenance Grounds, Trash, Sewer, Water, Pets Permitted, Security
  • Association Fee: 518.00
  • Association Fee Frequency: Monthly
  • Association Name: Higgins Loft Homeowners Association
  • Phone: 213-627-2965
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Over 40 Units/Acre
  • Lot Size Sq Ft: 19153.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2073.02
  • Tax Lot: 1
  • Tax Tract Number: 53327

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2017
Sold by
Vartanian Shiraz
Bought by
Jacquemin Thierry and Rodriguez Linda Caroline
Total Days on Market
59
Current Estimated Value
$555,570

Purchase Details

Closed on
Feb 11, 2005
Sold by
Ladt Llc
Bought by
Vartanian Shiraz and Mirzaeian Narineh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,880
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
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 $615,000 First American Title Company
Grant Deed $369,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Previous Owner $367,500 Commercial
Previous Owner $120,000 Credit Line Revolving
Previous Owner $294,880 Purchase Money Mortgage
Closed $73,720 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2019 07/24/19 Rented $2,350 0.0% --
07/12/2019 07/12/19 For Rent $2,350 -16.1% --
04/30/2018 04/30/18 Rented $2,800 -1.8% --
03/31/2018 03/31/18 For Rent $2,850 0.0% --
11/07/2017 11/07/17 Sold $615,000 -1.6% $591 / Sq Ft
07/22/2017 07/22/17 Pending -- -- --
07/05/2017 07/05/17 For Sale $625,000 +1.6% $601 / Sq Ft
07/02/2017 07/02/17 Off Market $615,000 -- --
05/24/2017 05/24/17 For Sale $595,000 -- $572 / 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 $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
2017 $2,341 $178,000 $35,600 $142,400
2016 $1,795 $134,191 $26,800 $107,391
2015 $1,789 $134,191 $26,800 $107,391
2014 $1,749 $134,191 $26,800 $107,391
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17112188

California Regional Multiple Listing Service (CRMLS)

APN: 5149-006-108