$655,800
SOLD JUL 18, 2025
2 Beds
2 Baths
1,675 Sq Ft
$1,260/mo HOA Fee

Recently Sold

$392 Per Sq Ft

9% Below List Price

71 Days on Market

Highlights

  • 24-Hour Security
  • 2-minute walk to Pico Station
  • Gated Community
  • Gourmet Kitchen
  • Automatic Gate
  • City Lights View

About This Home

As of July 2025

PRICE REDUCTION!!! Beautiful 2-story PENTHOUSE level loft at the legendary Flower Street Lofts. The Property features approx. 15-18 feet ceilings with an approx. 300 sqft. 2nd story mezzanine that can be used as 2nd BR/office/work-out area. Recent work done incl. wood floors resurfaced through-out, fresh paint through-out, kitchen cabinets resurfaced, and a brand-new shower pan. West-facing floor plan with "Juliette" balcony, with views of up-coming Oceanwide Plaza from floor-to-ceiling living room windows, and views of common area outdoor hallway from the bedroom windows. One of the very few buildings in South Park zoned and fully entitled for Live/Work. HOA incl. 2 reserved parking spaces (1 covered, 1 uncovered), and Spectrum package that incl. WiFi Internet, Basic Cable + HBO MAX & Showtime, 1 NVR, & 1 NR Recording. It's a GREAT time to invest & live in DTLA: BILLIONS of $ going into DTLA development in prep for the 2026 World Cup & 2028 Olympics, incl. newly paved streets everywhere, plus exciting new construction in the neighborhood. Neighborhood amenities incl. Crypto.com Arena, Ritz-Carlton, upcoming Oceanwide Plaza, Cana Rum Bar, Prank Bar, Hygge Bakery, Starbucks, Pine & Crane, South Park Pharmacy & Grocery, Orange Theory Fitness, Ralph's Fresh Market, Whole Foods. moments from all of South Park's other restaurants and hot spots. AGENTS SEE PRIVATE AND SHOWING REMARKS!

Last Agent to Sell the Property

Rasmus Ray Lee

Premier Real Estate Broker, Inc. License #01490488 Listed on: 03/22/2025

Last Buyer's Agent

Michael Onyemaobi

Compass License #02179969

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,880

Year Built

  • Built in 2003 | Remodeled

Lot Details

  • West Facing Home
  • Gated Home
  • Landscaped
  • Corners Of The Lot Have Been Marked
  • Sprinkler System

HOA Fees

Parking

  • 2 Car Attached Garage
  • Side by Side Parking
  • Automatic Gate
  • Controlled Entrance

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Metal Siding
  • Stucco

Interior Spaces

  • 1,675 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Wired For Data
  • Suspended Ceiling
  • Two Story Ceilings
  • Recessed Lighting
  • Track Lighting
  • Double Pane Windows
  • French Doors
  • Living Room
  • Dining Area
  • Loft
  • City Lights Views
  • Security Lights

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Electric Oven
  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Dressing Area
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5138-014-103

Community Details

Overview

  • Association fees include insurance, maintenance paid, trash, water and sewer paid, gas, cable TV, building and grounds
  • 91 Units
  • Partners Community Management Association
  • Low-Rise Condominium

Amenities

  • Trash Chute
  • Elevator
  • Service Elevator
  • Community Mailbox

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Card or Code Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,880

Year Built

Built in 2003 | Remodeled

Lot Details

0

HOA Fees

$1,260 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: PRICE REDUCTION!! Beautiful 2-story PENTHOUSE level loft at the legendary Flower Street Lofts. The Property features approx. 15-18 feet ceilings with an approx. 300 sqft. 2nd story mezzanine that can be used as 2nd BR/office/work-out area. Recent work done incl. wood floors resurfaced through-out, fresh paint through-out, kitchen cabinets resurfaced, and a brand-new shower pan. West-facing floor plan with "Juliette" balcony, with views of up-coming Oceanwide Plaza from floor-to-ceiling living room windows, and views of common area outdoor hallway from the bedroom windows. One of the very few buildings in South Park zoned and fully entitled for Live/Work. GREAT time to invest & live in DTLA: BILLIONS of $ going into DTLA development in prep for the 2026 World Cup & 2028 Olympics. To view text Ray Lee @ 213-448-0957.
  • Complex Name: Flower Street Lofts
  • Disability Access: Handicap Access, Chairlift, Doors w/Lever Handles, Doors - Swing In, DisabilityAccess
  • Entry Floor: 1
  • Entry Location: Elevator
  • Living Area: 1675
  • Lot Acreage: 1.0232
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 4
  • Unit Floor In Building: 4
  • Year Built: 2003
  • Number Of Photos: 73
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Drywall Walls, High Ceilings (9 Feet+), Open Floor Plan, Pre-wired for high speed Data, Recessed Lighting, Suspended Ceiling(s), Track Lighting, Two Story Ceilings, Laundry - Closet Stacked
  • Flooring: Hardwood, Tile
  • Appliances: Built-In Electric, Built-In Gas, Cooktop - Gas, Electric, Gas, Built-Ins, Oven-Electric, Microwave, Gas/Electric Range
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Dressing Area, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Low Flow Toilet(s), Shower and Tub, Shower Stall, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area, Living Room, In Kitchen, Kitchen Island
  • Kitchen Features: Counter Top, Gourmet Kitchen, Island
  • Laundry: In Unit, Inside, Laundry Area, Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Freezer, Garbage Disposal, Hood Fan, Microwave, Network Wire, Range/Oven, Recirculated Exhaust Fan, Refrigerator, Stackable W/D Hookup, Washer, Water Line to Refrigerator
  • Price Per S Q F T: 417.31
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Construction: Concrete, Glass, Metal Siding, Stucco
  • Other Features: Energy Efficient, High Ceilings (9 Feet+), French Doors
  • Pool: No
  • View: Tree Top, Walk Street, City Lights
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Assigned, Attached, Community Garage, Controlled Entrance, Covered Parking, Garage, Gated, Parking Space, Side By Side, Uncovered
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Water Heater Unit, Gas
  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Community, Exterior Security Lights, Fire and Smoke Detection System, Fire Sprinklers, Gated, Smoke Detector, T.V.
  • Sewer: In Connected and Paid
  • Water: District

Association/Amenities

  • Community Features: Community Mailbox
  • Amenities: Controlled Access, Elevator, Gated Community, Gated Parking, Hot Water, Security
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Monthly
  • Association Fees Include: Insurance, Maintenance Paid, Trash, Water and Sewer Paid, Gas, Cable TV, Building and Grounds
  • High Rise: Controlled Access, Mid-Rise Building, Passenger Elevator, Service Elevator, Trash Chute
  • HOA Fees: 544.00
  • Management Company: Partners Community Management
  • HOA Fees: 716.00
  • HOA: Yes
  • Unit Location: Front

Schools

  • School District: Los Angeles Unified

Lot Info

  • Special Zoning: Property Report
  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 5138-014-103
  • Lot Description: Automatic Gate, Corners Established, Exterior Security Lights, Curbs, Gated Community, Landscaped, Redevelopment Area, Sidewalks, Street Asphalt, Street Paved, Street Lighting, Walk Street
  • Lot Location: City, Corner Lot, Alley Access
  • Lot Size Area: 44570

Multi Family

  • Number Of Units: 91

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2025
Closed on
Jul 16, 2025
Sold by
Knhl Trust and Nguyen Ky N
Bought by
Zaleta-Martinez Amy Marie and Martinez Abraham
Seller's Agent
Rasmus Ray Lee
Premier Real Estate Broker, Inc.
Buyer's Agent
Michael Onyemaobi
Compass
List Price
$719,000
Sold Price
$655,800
Premium/Discount to List
-$63,200
-8.79%
Total Days on Market
71
Views
142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
104.58%
Original Mortgage
$590,200
Outstanding Balance
$590,200
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$104,250

Purchase Details

Closed on
Aug 2, 2021
Sold by
Nguyen Ky N and Le Huong T
Bought by
Nguyen Ky N and Le Huong T

Purchase Details

Closed on
Apr 4, 2005
Sold by
Nguyen Ky Ngoc
Bought by
Nguyen Ky Ngoc and Nguyen Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2005
Sold by
Le Huong Ten
Bought by
Nguyen Ky Ngoc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.37%
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 $656,000 Provident Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $590,200 New Conventional
Previous Owner $105,500 Credit Line Revolving
Previous Owner $500,000 Purchase Money Mortgage
Previous Owner $500,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Sold $655,800 -6.2% $392 / Sq Ft
06/01/2025 06/01/25 Pending -- -- --
04/26/2025 04/26/25 Price Changed $699,000 -2.8% $417 / Sq Ft
03/22/2025 03/22/25 For Sale $719,000 0.0% $429 / Sq Ft
05/15/2014 05/15/14 Rented $2,800 -9.7% --
05/13/2014 05/13/14 Under Contract -- -- --
03/31/2014 03/31/14 For Rent $3,100 -- --
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 $9,880 $755,000 $300,000 $455,000
2024 $9,880 $749,000 $299,000 $450,000
2023 $9,846 $749,000 $299,000 $450,000
2022 $9,511 $745,000 $297,000 $448,000
2021 $9,442 $745,000 $297,000 $448,000
2020 $9,382 $726,000 $289,000 $437,000
2019 $8,936 $704,000 $280,000 $424,000
2018 $9,056 $704,000 $280,000 $424,000
2016 $8,111 $631,000 $251,000 $380,000
2015 $7,325 $565,000 $225,000 $340,000
2014 $7,451 $564,000 $225,000 $339,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25515177

The MLS

APN: 5138-014-103