NOT LISTED FOR SALE

Estimated Value: $614,000 - $787,000

2 Beds
2 Baths
1,648 Sq Ft
1.02 Acres

Last Sold March 28, 2012

Last sale price $440,000 $267 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,882/month

Highlights

  • Art Studio
  • 3-minute walk to Pico Station
  • 1.02 Acre Lot
  • Penthouse
  • City Lights View
  • Contemporary Architecture

About This Home

As of October 2023

PENTHOUSE loft at Flower Street Lofts. This east-facing unit is located in South Park, Downtown LA, boasting 1,668 sq. ft. of live/work space with a second-floor mezzanine. Open-concept living area with up to 22 ft. floor-to-ceiling windows. Two distinct bedrooms with remodeled en-suite bathrooms, walk-in closet, and ample storage. The mezzanine offers versatile space for an office, studio, or third bedroom. The loft features a 5-burner gas cooktop, dishwasher, a spacious food prep peninsula and seating area, solid floors, an in-unit washer & dryer, and a smart thermostat (Nest) for the HVAC system. Safety features include a sprinkler system and Nest smoke/carbon monoxide detectors. Rent includes premium Spectrum high-speed internet with cable TV (HBO/Showtime), water, trash services, and two non-tandem assigned parking spaces in a gated parking structure with direct bridge access. This location offers convenience and entertainment. Walk to LA Live, Convention Center, Crypto.com Arena, movie theaters, world-class restaurants, bars, hotels, coffee shops, supermarkets, shopping malls, parks, and dog-friendly areas. EV charging is available in the attached garage.Pico metro station is a 3-minute walk, with easy access by public transit to USC, Exposition Park, the Financial District, The Broad Museum, Disney Concert Hall, Little Tokyo, the Arts District, and so much more.

Last Agent to Rent the Property

Jack Dunn

Jack Dunn License #01030392 Listed on: 07/05/2023

Last Renter's Agent

Jack Dunn

Jack Dunn License #01030392 Listed on: 07/05/2023

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,503

Year Built

  • Built in 2003 | Remodeled

Lot Details

  • South Facing Home
  • Gated Home

Home Design

  • Penthouse
  • Contemporary Architecture
  • Split Level Home

Interior Spaces

  • 1,648 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Bay Window
  • Entryway
  • Bonus Room
  • Art Studio
  • City Lights Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Bamboo
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Double Vanity

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • On-Street Parking
  • Controlled Entrance

Utilities

  • Cable TV Available

Listing and Financial Details

  • Security Deposit $3,995
  • Tenant pays for electricity, gas, move in fee, move out fee, insurance, cable TV
  • 12 Month Lease Term
  • Assessor Parcel Number 5138-014-095

Community Details

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Service
  • Controlled Access
  • Fire and Smoke Detector

Additional Features

  • 91 Units
  • Elevator

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,503

Year Built

Built in 2003 | Remodeled

Lot Details

0

Rental Info

  • Credit Report Amount: 35.00
  • Credit Report Required: Yes
  • Security Deposit: 3995
  • Tenant Pays: Electricity, Gas, Move In Fee, Move Out Fee, Insurance, Cable TV

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Single Family Or Apt: Condo/Apt
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Complex Name: Flower Street Lofts
  • Entry Floor: 4
  • Entry Location: Penthouse
  • Lease Terms: 1+Year
  • Living Area: 1648
  • Lot Acreage: 1.0232
  • Property Condition: Updated/Remodeled
  • Stories: 4
  • Unit Floor In Building: 4
  • Year Built: 2003
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Bamboo, Mixed, Stained Concrete, Tile
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s)
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside, In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer, Gas Dryer Hookup
  • Price Per S Q F T: 2.42
  • Windows: Bay Window

Exterior Features

  • Direction Faces: South
  • Pool: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Other Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Community Garage, Assigned, Above Street Level, Controlled Entrance
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Water District: LADWP
  • Cooling: Air Conditioning
  • Heating: Combination
  • Security: Community, Gated, Smoke Detector

Association/Amenities

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

Condo/Co-op/Association

  • High Rise: Passenger Elevator, Controlled Access

Lot Info

  • Assessor Parcel Number: 5138-014-095
  • Lot Size Area: 44570

Multi Family

  • Number Of Units: 91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2024
Sold by
Le Tran Tung and Tran Tony
Bought by
Tran Tony and Le Tran Tung
Current Estimated Value
$777,550

Purchase Details

Listed on
Jul 5, 2023
Closed on
Oct 6, 2023
Sold by
Lung Sun Sharon Chia
Bought by
Lung Sun Sharon Chia and Sun Tran Mika
Seller's Agent
Jack Dunn
Jack Dunn
Buyer's Agent
Jack Dunn
Jack Dunn
Sold Price
$3,995
Views
14

Purchase Details

Listed on
Feb 16, 2012
Closed on
Mar 19, 2012
Sold by
Us Bank National Association
Bought by
Sun Sharon and Tran Tony
Seller's Agent
Leo Nordine
Nordine Realtors, Inc.
Buyer's Agent
Jack Dunn
Jack Dunn
List Price
$399,900
Sold Price
$440,000
Premium/Discount to List
$40,100
10.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.32%

Purchase Details

Closed on
Aug 26, 2011
Sold by
Le Huong
Bought by
Us Bank National Association

Purchase Details

Closed on
Aug 27, 2003
Sold by
Flower Lofts Llc
Bought by
Le Huong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Tran Tony -- None Listed On Document
Lung Sun Sharon Chia -- None Listed On Document
Tran Tung Le Tony -- None Listed On Document
Sun Sharon $440,000 Servicelink
Us Bank National Association $395,000 Accommodation
Le Huong $590,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Le Huong $700,000
Previous Owner Le Huong D $280,000
Previous Owner Le Huong $145,000
Previous Owner Le Huong $562,000
Previous Owner Le Huong $413,000
Closed Le Huong $88,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Rented $3,995 0.0% --
10/11/2023 10/11/23 Under Contract -- -- --
09/28/2023 09/28/23 Price Changed $3,995 -18.5% $2 / Sq Ft
09/16/2023 09/16/23 Price Changed $4,900 -1.9% $3 / Sq Ft
08/12/2023 08/12/23 Price Changed $4,995 -15.3% $3 / Sq Ft
07/05/2023 07/05/23 For Rent $5,900 +25.7% --
08/29/2021 08/29/21 Rented $4,695 0.0% --
08/18/2021 08/18/21 For Rent $4,695 0.0% --
03/28/2012 03/28/12 Sold $440,000 +10.0% $267 / Sq Ft
02/28/2012 02/28/12 Pending -- -- --
02/16/2012 02/16/12 For Sale $399,900 -- $243 / 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 $7,503 $552,653 $376,811 $175,842
2024 $7,503 $541,818 $369,423 $172,395
2023 $7,254 $531,195 $362,180 $169,015
2022 $6,916 $520,780 $355,079 $165,701
2021 $6,687 $510,569 $348,117 $162,452
2019 $6,484 $495,428 $337,793 $157,635
2018 $6,438 $485,715 $331,170 $154,545
2016 $6,141 $466,856 $318,311 $148,545
2015 $6,058 $459,844 $313,530 $146,314
2014 $6,054 $450,837 $307,389 $143,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-287073

The MLS

APN: 5138-014-095