NOT LISTED FOR SALE

Estimated Value: $875,000 - $953,000

-- Bed
1 Bath
1,052 Sq Ft
0.73 Acres

Last Sold November 10, 2016

Last sale price $740,000 $703 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,152/month

Highlights

  • Concierge
  • Fitness Center
  • Gated Parking
  • Felicitas and Gonzalo Mendez High Rated A-
  • Heated Lap Pool
  • City Lights View

About This Home

As of March 2017

BISCUIT LOFTS AVAILABLE 3/10/17; renovations almost finished. Unit 515 is a coveted west-facing live/work loft with gorgeous views of the DTLA city skyline. Spacious open floor plan features soaring ceilings, oversized industrial windows, original maple hardwood floors, exposed brick & cement walls. Gourmet kitchen with S/S appliances. Huge bathroom with double sinks, marble surfaces and Bosch washer & dryer. Custom wardrobes & solar shades included. Building amenities include heated saline lap pool, fitness center, BBQ area, fire pit, 24-Hr. concierge, gated underground parking. Central to all major Fwys. Walk to hip new eateries and taverns including Bestia, Church & State, Factory Kitchen, Zinc Cafe, Blu Bottle Coffee, The Springs, Urban Radish and more. Owner is willing to provide upscale furnishings with a 6 week notice (increased rent will apply).

Last Agent to Rent the Property

Russell Roney

Keller Williams Larchmont License #01789873 Listed on: 12/01/2016

Keller Williams Larchmont

Last Renter's Agent

Russell Roney

Keller Williams Larchmont License #01789873 Listed on: 12/01/2016

Keller Williams Larchmont

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,267

Year Built

  • Built in 1925

Lot Details

  • 0.73

Parking

  • 1 Car Garage
  • Gated Parking
  • Controlled Entrance

Interior Spaces

  • 1 Full Bathroom
  • 1,052 Sq Ft Home
  • Loft
  • Wood Flooring
  • City Lights Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated Lap Pool
  • Heated In Ground Pool
  • Saltwater Pool

Utilities

  • Central Heating and Cooling System
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Fire Pit
  • West Facing Home

Listing and Financial Details

  • Security Deposit $3,500
  • Tenant pays for cable TV, electricity, insurance, move in fee, move out fee
  • 1-Month Minimum Lease Term
  • 12 Month Lease Term
  • Assessor Parcel Number 5164-021-089

Community Details

Overview

  • 110 Units
  • Prime Association Services Association
  • Maintained Community
  • 7-Story Property

Amenities

  • Concierge
  • Outdoor Cooking Area
  • Sundeck
  • Community Fire Pit
  • Community Barbecue Grill
  • Elevator

Recreation

  • Fitness Center

Security

  • Controlled Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,267

Year Built

Built in 1925

Lot Details

0

Parking

1

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Deposit Key: 150.00
  • Lease Length: 1
  • Not Included In Rent: Electric, Cable TV, Internet
  • Security Deposit: 3500
  • Tenant Pays: Cable TV, Electricity, Insurance, Move In Fee, Move Out Fee

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Biscuit Company Lofts HOA
  • Entry Floor: 5
  • Lease Terms: 1+Year
  • Living Area: 1052
  • Planned Urban Dev: 0
  • Stories: 7
  • Unit Floor In Building: 5
  • Water Filled Furn Ins Required: No
  • Year Built: 1925
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Number Of Remote Controls: 1
  • Fireplace Rooms: Fire Pit
  • Flooring: Hardwood
  • 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: Cable, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Satellite, Stackable W/D Hookup, Washer
  • Price Per S Q F T: 3.33

Exterior Features

  • Direction Faces: West
  • Tennis Court Y/N: No
  • Exposure: Western
  • Pool Description: Association Pool, Heated, Lap Pool, Salt/Saline
  • Pool: Yes
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Assigned, Community Garage, Controlled Entrance, Covered Parking, Gated Underground
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Concierge, Controlled Access, Elevator, Fire Pit, Fitness Center, Gated Parking, Outdoor Cooking Area, Pool, Sun Deck

Condo/Co-op/Association

  • Management Company: Prime Association Services
  • Unit Location: West Side

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5164-021-089
  • Geocode Override: No
  • Lot Size Area: 31720

Multi Family

  • Number Of Units: 110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2020
Sold by
Appel Luke Quentin and Appel Sophie Rose
Bought by
1850 Industrial Llc
Current Estimated Value
$902,549

Purchase Details

Closed on
Jun 18, 2020
Sold by
Appel Sheldon and Appel Carol Ann
Bought by
Appel Luke Quentin and Appel Sophie Rose

Purchase Details

Listed on
Aug 22, 2016
Closed on
Oct 31, 2016
Sold by
Fank Chris
Bought by
Appel Sheldon and Appel Carol Ann
Seller's Agent
Nick Small
Rodeo Realty- Brentwood
Buyer's Agent
Russell Roney
Keller Williams Larchmont
List Price
$779,000
Sold Price
$740,000
Premium/Discount to List
-$39,000
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.28%

Purchase Details

Listed on
Jan 17, 2012
Closed on
Feb 28, 2012
Sold by
Charles Cathy
Bought by
Fank Chris and Dt River Trust
Seller's Agent
Mary Cronin
Urban Living Real Estate
Buyer's Agent
Mary Cronin
Urban Living Real Estate
List Price
$649,000
Sold Price
$648,000
Premium/Discount to List
-$1,000
-0.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.90%

Purchase Details

Closed on
Apr 2, 2007
Sold by
673 Mateo Llc
Bought by
Charles Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,437
Interest Rate
6.37%
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
1850 Industrial Llc -- None Available
Appel Luke Quentin -- None Available
Appel Sheldon $740,000 Chicago Title
Fank Chris $648,000 Lawyers Title
Charles Cathy $618,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Charles Cathy $494,437
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2017 03/11/17 Rented $3,500 0.0% --
03/11/2017 03/11/17 Under Contract -- -- --
12/01/2016 12/01/16 For Rent $3,500 0.0% --
11/10/2016 11/10/16 Sold $740,000 -3.8% $703 / Sq Ft
10/18/2016 10/18/16 Price Changed $769,000 -1.3% $731 / Sq Ft
08/22/2016 08/22/16 For Sale $779,000 +20.2% $740 / Sq Ft
03/23/2012 03/23/12 Sold $648,000 0.0% $616 / Sq Ft
02/24/2012 02/24/12 Pending -- -- --
02/12/2012 02/12/12 Price Changed $648,000 -0.2% $616 / Sq Ft
01/17/2012 01/17/12 For Sale $649,000 -- $617 / 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 $3,267 $253,000 $50,600 $202,400
2024 $3,267 $253,000 $50,600 $202,400
2023 $3,261 $253,000 $50,600 $202,400
2022 $3,165 $253,000 $50,600 $202,400
2021 $3,181 $253,000 $50,600 $202,400
2020 $3,734 $294,000 $58,800 $235,200
2019 $3,270 $294,000 $58,800 $235,200
2018 $3,718 $294,000 $58,800 $235,200
2016 $1,962 $157,853 $31,600 $126,253
2015 $1,961 $157,853 $31,600 $126,253
2014 $2,855 $157,853 $31,600 $126,253
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-181628

The MLS

APN: 5164-021-089