$755,000

Estimated payment $5,215/month

Total Views 3,630
1 Bed
1 Bath
865 Sq Ft
$873 Price per Sq Ft

Highlights

  • Automatic Gate
  • 4-minute walk to Little Tokyo-Arts District
  • Views of a landmark
  • Felicitas and Gonzalo Mendez High Rated A-
  • Gated Community
  • Wood Flooring

About This Home

Located in the highly sought-after Gallery Lofts development in The Arts District, this exquisite turn-key one bedroom loft boasts stunning architectural elements and a large open floor plan bathed in natural light throughout. Perfectly positioned on the upper floor within the complex, the large open living room offers hardwood floors, exposed brick walls and soaring ceilings, with an oversized window that perfectly frames the historic Zenshuji Temple and surrounding Japanese gardens. The chef's kitchen is equipped with stone countertops, ample cabinetry and stainless steel appliances, and offers the ideal environment for culinary enthusiasts, or to entertain guests. Ascend the steel staircase to the mezzanine, complete with a peaceful bedroom sanctuary overlooking the living space, including a large closet and dressing area. The bathroom provides a soaking tub and shower, with a large vanity and the added luxury of in-unit full size laundry. Residents enjoy secure-gated access, security cameras throughout the complex, 1 GB internet, and assigned deeded parking. Additional highlights include convenient access to the finest dining, leisure and transportation connections The Arts District and Downtown LA has to offer - such as the Little Tokyo/Arts District Metro Station.

Listing Agent

Cassandra Petersen

Coldwell Banker Realty License #01969956

Coldwell Banker Realty

Co-Listing Agent

Charlie Edgar

Sotheby's International Realty License #02039735

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,432

Year Built

  • Built in 1948

HOA Fees

  • $536 Monthly HOA Fees

Home Design

  • Split Level Home

Interior Spaces

  • 865 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room
  • Dining Area
  • Loft
  • Views of a landmark

Kitchen

  • Oven or Range
  • Freezer

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • Automatic Gate
  • Assigned Parking

Additional Features

  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5163-003-034

Community Details

Overview

  • Association fees include gas, water, maintenance paid, security, building and grounds
  • 33 Units

Amenities

  • Elevator

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Service
  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,432

Year Built

Built in 1948

Lot Details

0

HOA Fees

$536 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Complex Name: Gallery Lofts
  • Entry Floor: 2
  • Living Area: 865
  • Lot Acreage: 0.3336
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 2
  • Year Built: 1948
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • 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 Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Washer, Dryer, Built-Ins, Freezer, Refrigerator, Range/Oven
  • Price Per S Q F T: 872.83

Exterior Features

  • Pool: No
  • View: Landmark, Walk Street
  • View: Yes

Garage/Parking

  • Other Spaces: 1
  • Parking Garage: Gated, Assigned, Auto Driveway Gate

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Community, Gated

Association/Amenities

  • Amenities: Controlled Access, Elevator, Gated Community
  • Pet Rules: Assoc Pet Rules, Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Gas, Water, Maintenance Paid, Security, Building and Grounds
  • HOA Fees: 536.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5163-003-034
  • Lot Size Area: 14532

Multi Family

  • Number Of Units: 33

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $5,432 $440,645 $132,794 $307,851
2023 $5,326 $432,006 $130,191 $301,815
2022 $5,073 $423,537 $127,639 $295,898
2021 $5,010 $415,234 $125,137 $290,097
2019 $4,867 $402,920 $121,426 $281,494
2018 $4,844 $395,021 $119,046 $275,975
2017 $4,735 $387,276 $116,712 $270,564
2016 $4,627 $379,683 $114,424 $265,259
2015 $4,560 $373,981 $112,706 $261,275
2014 $4,579 $366,656 $110,499 $256,157
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 For Sale $755,000 +106.8% $873 / Sq Ft
10/30/2012 10/30/12 Sold $365,000 0.0% $406 / Sq Ft
03/31/2012 03/31/12 For Sale $364,900 0.0% $405 / Sq Ft
03/29/2012 03/29/12 Off Market $365,000 -- --
02/29/2012 02/29/12 For Sale $364,900 -- $405 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Condominium Deed $365,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 Credit Line Revolving
Previous Owner $346,750 New Conventional
Source: Public Records

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Source: The MLS

MLS Number: 25541055

The MLS

APN: 5163-003-034