$707,035
RENTED NOV 22, 2024
2 Beds
2 Baths
1,438 Sq Ft
1.02 Acres

Last Sold April 08, 2021

Last sale price $620,000 $431 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,602/month

Highlights

  • Gated Community
  • 3-minute walk to Pico Station
  • Loft
  • City View
  • 1.02 Acre Lot
  • Home Office

About This Home

As of November 2024

This live/work loft is located in the center of DTLA's most admired South Park neighborhood. The bright & airy west-facing condo features high ceilings, huge windows, and a chef's kitchen. This unit has 2 bedrooms, 2 bathrooms, and an in-unit washer/dryer. The Flower Street Lofts is a hidden gem with a rich history. Originally an old UPS shipping facility, these lofts have an Arts District vibe in a modern part of town. Rent includes two secured parking spaces, high speed internet/cable, and water. The unit comes unfurnished, and virtually staged photos have been added to the listing to showcase how the space can be leveraged.

Last Agent to Rent the Property

Neil Behnke

Compass License #02035644 Listed on: 10/23/2024

Compass

Last Renter's Agent

Neil Behnke

Compass License #02035644 Listed on: 10/23/2024

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,775

Year Built

  • Built in 2003

Lot Details

  • 1.02

Interior Spaces

  • 1,438 Sq Ft Home
  • 4-Story Property
  • Dining Room
  • Home Office
  • Loft
  • City Views

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

Parking

  • 1 Covered Space
  • Automatic Gate
  • Assigned Parking
  • Controlled Entrance

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Cable TV Available

Additional Features

  • Open Patio
  • West Facing Home
  • City Lot

Listing and Financial Details

  • Security Deposit $4,250
  • $500 Move-In Fee
  • Tenant pays for electricity, gas, move in fee, move out fee
  • Rent includes trash collection, water, gardener, cable TV, association dues
  • 12 Month Lease Term
  • Assessor Parcel Number 5138-014-083

Community Details

Pet Policy

  • Pets Allowed
  • Pet Deposit $250

Security

  • Card or Code Access
  • Gated Community
  • Fire Sprinkler System

Additional Features

  • Low-Rise Condominium
  • Elevator

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,775

Year Built

Built in 2003

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Pet Deposit: 250.00
  • Lease Option: 1
  • Rent Includes: Trash Collection, Water, Gardener, Cable TV, Association Dues
  • Security Deposit: 4250
  • Tenant Pays: Electricity, Gas, Move In Fee, Move Out Fee
  • Total Move In Costs: 500.00

Listing Details

  • Property Type: Residential Lease
  • Style: Low Rise
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Entry Floor: 3
  • Lease Terms: 1+Year
  • Living Area: 1438
  • Lot Acreage: 1.0235
  • Lot Dimensions: 49x150
  • Planned Urban Dev: 1
  • Stories: 4
  • Unit Floor In Building: 3
  • Year Built: 2003
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Ceramic Tile, Cement
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: In Unit, In Kitchen
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Washer, Refrigerator
  • Price Per S Q F T: 2.96

Exterior Features

  • Direction Faces: West
  • Pool: No
  • View: City
  • View: Yes

Garage/Parking

  • Other Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Assigned, Controlled Entrance, Garage Is Attached
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Water Heater Unit
  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate, Card/Code Access, Fire Sprinklers

Association/Amenities

  • Amenities: Assoc Pet Rules, Elevator, Gated Community
  • Pet Rules: Yes

Lot Info

  • Special Zoning: Flood
  • Assessor Parcel Number: 5138-014-083
  • Lot Location: Alley Access, City
  • Lot Size Area: 44583

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Mar 10, 2021
Sold by
Erde Joshua and Bare Elise
Bought by
Atilano Brittney
Seller's Agent
Neil Behnke
Compass
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$629,000
Sold Price
$620,000
Premium/Discount to List
-$9,000
-1.43%
Current Estimated Value
$707,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,035
Avg. Annual Appreciation
3.64%
Original Mortgage
$465,000
Outstanding Balance
$420,081
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$304,114

Purchase Details

Listed on
Feb 3, 2017
Closed on
Apr 3, 2017
Sold by
Siegel Peter
Bought by
Erde Joshua and Bare Elise
Seller's Agent
Eric Lavey
The Beverly Hills Estates
Buyer's Agent
Alex LiMandri
Urban Residential Brokerage, Inc.
List Price
$729,000
Sold Price
$710,000
Premium/Discount to List
-$19,000
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.34%
Original Mortgage
$568,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 30, 2016
Sold by
Siegel Peter A
Bought by
Siegel Peter and The Peter Siegel Trust

Purchase Details

Closed on
Dec 9, 2003
Sold by
Tapscott Matthew P
Bought by
Siegel Peter A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,800
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2003
Sold by
Flower Lofts Llc
Bought by
Tapscott Matthew P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Atilano Brittney $620,000 Fidelity Natl Ttl Fidelity S
Erde Joshua $710,000 Fidelity National Title Co
Siegel Peter -- None Available
Siegel Peter A -- Stewart Title Of Ca Inc
Tapscott Matthew P $448,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atilano Brittney $465,000
Previous Owner Erde Joshua $550,500
Previous Owner Erde Joshua $568,000
Previous Owner Siegel Peter A $223,720
Previous Owner Siegel Peter A $385,000
Previous Owner Siegel Peter A $428,800
Previous Owner Tapscott Matthew P $358,000
Closed Tapscott Matthew P $44,760
Closed Siegel Peter A $80,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2024 11/22/24 Rented $4,000 -5.9% --
10/28/2024 10/28/24 Under Contract -- -- --
10/23/2024 10/23/24 For Rent $4,250 0.0% --
04/08/2021 04/08/21 Sold $620,000 -1.4% $431 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $629,000 -11.4% $437 / Sq Ft
04/13/2017 04/13/17 Sold $710,000 -2.6% $494 / Sq Ft
03/04/2017 03/04/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $729,000 -- $507 / 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 $8,775 $671,106 $75,769 $595,337
2024 $8,775 $657,948 $74,284 $583,664
2023 $8,587 $645,048 $72,828 $572,220
2022 $8,187 $632,400 $71,400 $561,000
2021 $9,624 $761,260 $546,392 $214,868
2020 $9,702 $753,455 $540,790 $212,665
2019 $9,334 $738,683 $530,187 $208,496
2018 $9,289 $724,200 $519,792 $204,408
2016 $8,254 $643,747 $257,016 $386,731
2015 $7,245 $559,000 $224,000 $335,000
2014 $7,784 $592,000 $237,000 $355,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-455693

The MLS

APN: 5138-014-083