NOT LISTED FOR SALE

120 S Hewitt St Unit 15 Los Angeles, CA 90012

Downtown LA Neighborhood

Estimated Value: $700,609 - $1,201,000

1 Bed
1 Bath
866 Sq Ft
$356/mo HOA Fee

Last Sold June 28, 2018

Last sale price $736,000 $850 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,716/month

15 Days on Market

Highlights

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

About This Home

As of June 2018

The Gallery Lofts- Perched in Downtown LA's flourishing Arts District neighborhood, is a one of a kind, boutique building with dramatic architectural lines and industrial mezzanine living spaces. Welcome to 120 S Hewitt St. Unit 15. Perfectly situated on the second level, this sunny unit boasts south facing Clerestory windows with 18' ceilings. Accentuated by industrial elements such as an original brick wall, interior ironwork staircase, exposed beams and a upgraded concrete floor, this space invites the architecturally inclined to it's organic warmth and minimalist beauty. Above the kitchen and bathroom sits a large upper level bedroom with warm maple floors and meticulously angled ceilings. A loft in its truest form. One assigned parking spot is steps to your front door. Walking distance from Manuela, 82, Wurstkche, Salt and Straw and some of LA's best breweries. Around the corner from the Gold Line Metro station allowing accessible public transportation taking you throughout LA.

Last Agent to Sell the Property

Aldo Linares

eXp Realty of Greater Los Angeles License #01877941 Listed on: 05/24/2018

eXp Realty of Greater Los Angeles

Co-Listed By

Abe Zarraga

eXp Realty of California Inc License #01896405

Last Buyer's Agent

Patricia Ruben

Sotheby's International Realty License #01262286

Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,999

Year Built

  • Built in 1948

Lot Details

  • 0.33

HOA Fees

  • $356 Monthly HOA Fees

Interior Spaces

  • 866 Sq Ft Home
  • 2-Story Property
  • Loft
  • City Views
  • Laundry in Kitchen

Flooring

  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Covered Space
  • Gated Parking
  • Uncovered Parking
  • Assigned Parking

Additional Features

  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5163-003-040

Community Details

Overview

  • 33 Units
  • Low-Rise Condominium

Amenities

  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,999

Year Built

Built in 1948

Lot Details

0

HOA Fees

$356 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Low Rise
  • Street Number Display: Yes
  • Complex Name: Gallery Lofts
  • Entry Floor: 2
  • Living Area: 866
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 2
  • Year Built: 1948
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Cement, Laminate
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Kitchen
  • Total Bathrooms: 1.00
  • Den: 0
  • Price Per S Q F T: 749.42

Exterior Features

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

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Gated, Uncovered

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Elevator
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 356.04
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5163-003-040
  • Geocode Override: No
  • Lot Size Area: 14562

Multi Family

  • Number Of Units: 33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2018
Closed on
Jun 11, 2018
Sold by
Sunderland Angeuca Rose and Liu Rose
Bought by
Meyer Andrew K and The Hewitt Real Estate Trust
Seller's Agent
Aldo Linares
eXp Realty of Greater Los Angeles
Buyer's Agent
Patricia Ruben
Sotheby's International Realty
List Price
$649,000
Sold Price
$736,000
Premium/Discount to List
$87,000
13.41%
Current Estimated Value
$826,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,953
Avg. Annual Appreciation
1.92%
Original Mortgage
$478,400
Outstanding Balance
$412,882
Interest Rate
4.22%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$430,020

Purchase Details

Closed on
Jun 12, 2012
Sold by
Pathfinder Pacifica Hewitt Street Lofts
Bought by
Liu Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Meyer Andrew K $736,000 Old Republic Title
Sunderland Angelica Rose -- Old Republic Title
Liu Rose $350,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyer Andrew K $478,400
Previous Owner Liu Rose $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2018 06/28/18 Sold $736,000 +13.4% $850 / Sq Ft
05/24/2018 05/24/18 For Sale $649,000 -- $749 / 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 $9,999 $837,436 $669,951 $167,485
2024 $9,999 $821,016 $656,815 $164,201
2023 $9,802 $804,919 $643,937 $160,982
2022 $9,338 $789,137 $631,311 $157,826
2021 $9,225 $773,665 $618,933 $154,732
2019 $8,954 $750,720 $600,576 $150,144
2018 $4,568 $378,681 $113,528 $265,153
2016 $4,359 $363,977 $109,120 $254,857
2015 $4,294 $358,510 $107,481 $251,029
2014 $4,311 $351,488 $105,376 $246,112
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Aldo Linares

    eXp Realty of Greater Los Angeles

    (323) 316-9800

    32 Total Sales

    Section Image
  • Abe Zarraga

    Seller Co-Listing Agent in 2018

    Abe Zarraga

    eXp Realty of California Inc

    (310) 717-2103

    11 Total Sales

    Section Image
  • Patricia Ruben

    Buyer's Agent in 2018

    Patricia Ruben

    Sotheby's International Realty

    (323) 666-3165

    53 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 18-348030

The MLS

APN: 5163-003-040

California Los Angeles County Los Angeles 90012 Downtown LA

120 S Hewitt St Unit 15, Los Angeles, CA

This home is located at 120 S Hewitt St Unit 15, Los Angeles, CA 90012 since 24 May 2018 and is currently estimated at $842,902, approximately $973 per square foot. This property was built in 1948. 120 S Hewitt St Unit 15 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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