NOT LISTED FOR SALE

120 S Hewitt St Unit 14 Los Angeles, CA 90012

Downtown LA Neighborhood

Estimated Value: $700,824 - $1,195,000

1 Bed
1 Bath
866 Sq Ft
0.33 Acres

Last Sold May 11, 2018

Last sale price $725,000 $837 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,297/month

Highlights

  • Gated Parking
  • 4-minute walk to Little Tokyo-Arts District
  • City View
  • Felicitas and Gonzalo Mendez High Rated A-
  • Gated Community
  • Wood Flooring

About This Home

As of October 2018

Beautiful New York style 1 bed 1 bath loft located in the Gallery Lofts in Downtown LA's fastest growing neighborhood, the Arts District. An impressively bright loft space situated on the second level. Once past the open kitchen, take in a soaring ceiling equipped with south facing Clerestory windows. The spacious living room is clad in original brick offering that New York look. Steel steps lead to a spacious bedroom with walnut toned built-in closets. In-unit laundry, secure on-site parking, and the feeling of a boutique building is what makes the Gallery Lofts so special. Walking distance to tons of retail, restaurants, amenities, bars etc. Walking distance to Little Tokyo. DISCLAIMER: The furniture in the photos will not come with the unit as the owner replaced it all, but these photos are of the ACTUAL unit. Other furniture is available upon request for a higher price.

Last Agent to Rent the Property

Eon Lew

District Realty Group License #01730294 Listed on: 09/26/2018

Last Renter's Agent

Eon Lew

District Realty Group License #01730294 Listed on: 09/26/2018

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,768

Year Built

  • Built in 1948

Lot Details

  • 0.33

Interior Spaces

  • 866 Sq Ft Home
  • Living Room
  • Loft
  • Wood Flooring
  • City Views

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Attached Carport
  • Gated Parking

Utilities

  • Two cooling system units
  • Central Heating
  • Water Purifier
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Security Deposit $2,700
  • Tenant pays for electricity, gas, insurance
  • 12 Month Lease Term
  • Assessor Parcel Number 5163-003-039

Community Details

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • Gated Community
  • Elevator

Condo Details

Home Type

Condominium

Est. Annual Taxes

$9,768

Year Built

Built in 1948

Lot Details

0

Rental Info

  • Furnished: Furnished Or Unfurnished
  • Lease Option: 1
  • Security Deposit: 2700
  • Tenant Pays: Electricity, Gas, Insurance

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 866
  • Year Built: 1948
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Antenna, Cable, Dishwasher, Dryer, Elevator, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Range/Oven, Recirculated Exhaust Fan, Refrigerator, Washer, Water Filter
  • Price Per S Q F T: 3.12

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Carport Attached

Utilities

  • Cooling: Air Conditioning, Dual
  • Heating: Central

Association/Amenities

  • Amenities: Elevator, Gated Community, Gated Parking
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 5163-003-039
  • Geocode Override: No
  • Lot Size Area: 14562

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2018
Closed on
Apr 20, 2018
Sold by
Ahmed Ali and Rendon Lauren A
Bought by
Lee Joong Ho
Seller's Agent
Ari Wintraub
Sotheby's International Realty
Buyer's Agent
Michelle Accetta
List Price
$645,000
Sold Price
$725,000
Premium/Discount to List
$80,000
12.4%
Current Estimated Value
$818,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,619
Avg. Annual Appreciation
2.01%
Original Mortgage
$576,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2012
Sold by
Pathfinder Pacifica Hewitt Street Lofts
Bought by
Ahmed Ali and Rendon Lauren A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,405
Interest Rate
3.33%
Mortgage Type
New Conventional
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
Lee Joong Ho $725,000 Lawyers Title
Ahmed Ali $350,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Joong Ho $565,000
Closed Lee Joong Ho $562,500
Closed Lee Joong Ho $576,000
Previous Owner Ahmed Ali $332,405
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2018 10/17/18 Rented $2,700 0.0% --
09/26/2018 09/26/18 For Rent $2,700 0.0% --
05/11/2018 05/11/18 Sold $725,000 +12.4% $837 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $645,000 -- $745 / 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 $9,768 $824,920 $659,938 $164,982
2024 $9,768 $808,747 $646,999 $161,748
2023 $9,574 $792,890 $634,313 $158,577
2022 $9,119 $777,344 $621,876 $155,468
2021 $9,007 $762,103 $609,683 $152,420
2019 $8,740 $739,500 $591,600 $147,900
2018 $4,651 $378,681 $113,528 $265,153
2016 $4,442 $363,977 $109,120 $254,857
2015 $4,378 $358,510 $107,481 $251,029
2014 $4,396 $351,488 $105,376 $246,112
Source: Public Records

Agents Affiliated with this Home

  • Ari Wintraub

    Seller's Agent in 2018

    Ari Wintraub

    Sotheby's International Realty

    (310) 428-5045

    71 Total Sales

    Section Image

  • E

    Landlord's Agent in 2018

    Eon Lew

    District Realty Group

    (818) 395-8053

    2 in this area

    17 Total Sales

    Section Image

  • M

    Buyer's Agent in 2018

    Michelle Accetta

  • Lauren Weber

    Buyer Co-Listing Agent in 2018

    Lauren Weber

    Compass

    (310) 387-4693

    49 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 18-395010

The MLS

APN: 5163-003-039

California Los Angeles County Los Angeles 90012 Downtown LA

120 S Hewitt St Unit 14, Los Angeles, CA

This home is located at 120 S Hewitt St Unit 14, Los Angeles, CA 90012 since 26 September 2018 and is currently priced at $837,706. This property was built in 1948. 120 S Hewitt St Unit 14 is a home located in Los Angeles County with nearby schools including Utah Street Elementary, Felicitas and Gonzalo Mendez High, and Theodore Roosevelt High School.

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