NOT LISTED FOR SALE

Estimated Value: $821,000 - $1,028,000

1 Bed
1.5 Baths
1,191 Sq Ft
$420/mo HOA Fee

Last Sold April 06, 2022

Last sale price $880,000 $739 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,127/month

150 Days on Market

Highlights

  • Automatic Gate
  • 5-minute walk to Little Tokyo-Arts District
  • Wood Flooring
  • Felicitas and Gonzalo Mendez High Rated A-
  • 0.66 Acre Lot
  • Loft

About This Home

As of April 2022

Come enjoy the downtown lifestyle in one of the most iconic residential communities in the Arts District!This is a safe, tight-knit, gated community where comfort, convenience and distinctive style all blend together to create an authentic loft-home environment that fits your creative lifestyle. Live/Work space, 26ft vaulted ceilings, abundant natural light, original brick walls, skylights and floor-to-ceiling windows are just some of the architectural features in this incredible home. No need for elevators or stairs as you make your way to your unit from the gated parking through the beautiful interior courtyard with lush bamboo & water features. Tucked away in a stylish and enviable neighborhood, yet within walking distance to the city center of world class dining, entertainment and shopping. Just two blocks from Little Tokyo! This stunning, open and airy mezzanine style loft must be seen!

Last Agent to Sell the Property

Tori Barnao

Christie's International Real Estate SoCal License #01425512 Listed on: 10/05/2021

Christie's International Real Estate SoCal

Co-Listed By

Kerry Buckley

Christie's International Real Estate SoCal License #02049568

Last Buyer's Agent

Francisco Montes

Compass License #01807283

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,170

Year Built

  • Built in 1936

Lot Details

  • 0.66

HOA Fees

  • $420 Monthly HOA Fees

Interior Spaces

  • 1,191 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Loft

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Garage
  • 1 Open Parking Space
  • Garage Door Opener
  • Automatic Gate
  • Assigned Parking

Additional Features

  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5163-003-047

Community Details

Overview

  • 33 Units

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,170

Year Built

Built in 1936

Lot Details

0

HOA Fees

$420 per month

Listing Details

  • Property Type: Residential
  • Style: Architectural
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Gallery Lofts
  • Entry Floor: 1
  • Living Area: 1191
  • Lot Acreage: 0.6611
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1936
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Cement, Wood
  • Bedrooms: 1
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Washer, Refrigerator, Range/Oven, Garbage Disposal, Microwave
  • Fireplace: No
  • Price Per S Q F T: 746.43

Exterior Features

  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 1
  • Parking Garage: Door Opener, Assigned, Gated
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated, Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Fire Sprinklers

Association/Amenities

  • Amenities: Controlled Access
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 420.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 5163-003-047
  • Lot Size Area: 28796

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2021
Closed on
Mar 22, 2022
Sold by
130 S Hewitt Street 22 Land Trust
Bought by
Miles Adrian
Seller's Agent
Tori Barnao
Christie's International Real Estate SoCal
Buyer's Agent
Francisco Montes
Compass
List Price
$920,000
Sold Price
$880,000
Premium/Discount to List
-$40,000
-4.35%
Current Estimated Value
$872,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,707
Avg. Annual Appreciation
0.48%
Original Mortgage
$494,505
Outstanding Balance
$464,852
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$429,521

Purchase Details

Closed on
Jan 29, 2019
Sold by
Ungar Gary M and Ungar Robin Miller
Bought by
Sabbagh Beth and 130 S Hewitt Street 22 Land Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$651,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2016
Closed on
Mar 25, 2016
Sold by
Williams Matthew T and Williams Nicole L
Bought by
Ungar Jeremy Laurence and Ungar Gary M
Seller's Agent
Elizabeth Lande
Avenue 8, Inc.
Buyer's Agent
Mark Priceman
Compass
List Price
$765,000
Sold Price
$745,000
Premium/Discount to List
-$20,000
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.97%

Purchase Details

Closed on
Jun 12, 2012
Sold by
Pathfinder Pacifica Hewitt Street Lofts
Bought by
Williams Matthew T and Williams Nicole L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,250
Interest Rate
3.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Miles Adrian $880,000 Equity Title
Sabbagh Beth $930,000 Old Republic Title
Ungar Jeremy Laurence $745,000 Fidelity National Title
Williams Matthew T $395,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miles Adrian $494,505
Previous Owner Sabbagh Beth $651,000
Previous Owner Williams Matthew T $359,000
Previous Owner Williams Matthew T $100,000
Previous Owner Williams Matthew T $375,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2022 04/06/22 Sold $880,000 -1.0% $739 / Sq Ft
03/04/2022 03/04/22 Pending -- -- --
02/26/2022 02/26/22 Price Changed $889,000 -3.4% $746 / Sq Ft
10/05/2021 10/05/21 For Sale $920,000 +23.5% $772 / Sq Ft
04/06/2016 04/06/16 Sold $745,000 0.0% $626 / Sq Ft
04/01/2016 04/01/16 Off Market $745,000 -- --
03/30/2016 03/30/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $765,000 -- $642 / 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 $11,170 $933,862 $318,362 $615,500
2024 $11,170 $915,552 $312,120 $603,432
2023 $10,951 $897,600 $306,000 $591,600
2022 $11,490 $977,594 $105,117 $872,477
2021 $11,349 $958,426 $103,056 $855,370
2019 $9,400 $790,598 $632,479 $158,119
2018 $9,343 $775,097 $620,078 $155,019
2016 $5,031 $410,891 $123,787 $287,104
2015 $4,958 $404,720 $121,928 $282,792
2014 $4,978 $396,793 $119,540 $277,253
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-792382

The MLS

APN: 5163-003-047