NOT LISTED FOR SALE

Estimated Value: $464,000 - $643,000

-- Bed
1 Bath
840 Sq Ft
$423/mo HOA Fee

Last Sold July 01, 2021

Last sale price $465,000 $554 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,746/month

376 Days on Market

Highlights

  • Fitness Center
  • Art Studio
  • Updated Kitchen
  • Abraham Lincoln High School Rated A
  • Bridge View
  • Clubhouse

About This Home

As of July 2021

Huge Price Improvement and building is now VA Approved!!
LOOK FOR VIRTUAL TOUR OPTION!!!! AMAZING WALK THRU!.

A rare opportunity to own an Art Deco 5th floor DTLA View Studio Loft in the Gorgeous and Historical Alta Lofts. This 1925 Art Décor paint warehouse was designed by the Architects of the Mayan and Wiltern Theaters and Restored by Brooks + Scarpa. The Live/Work studio has a Windowed Roll up door that leads to a balcony facing EAST and Downtown Los Angeles. The studio loft is complete with stainless steel appliances, central AC and Heat, in door laundry closet, and polished concrete floors. There is one gated assigned parking space. Alta Lofts includes a gym, recreational room for parties, outdoor BBQ area, and an outdoor lounge area.
Less than a 10 min drive from Pasadena, Downtown LA and Dodger stadium make this location highly desirable. Take a bike ride down the LA River bike trail, Hike at the nearby Elysian Park Hiking Trails, Enjoy a picnic at the Recently renovated LA State Historic Park, Chinatown and much more. Cut your commute to DTLA short by hopping onto the Lincoln/Cypress Gold Line!

New developments in the area include the Redevelopment of the Art Deco Landmark, Lincoln Heights Jail. A Mixed-Use project directly adjacent to ALTA Lofts include plans for a hotel, apartments, and retail.

Last Agent to Sell the Property

Adela Randazzo

Keller Williams Realty License #01954846 Listed on: 04/20/2020

Keller Williams Realty

Last Buyer's Agent

Adela Randazzo

Keller Williams Realty License #01954846 Listed on: 04/20/2020

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,918

Year Built

  • Built in 2009

Lot Details

  • 1.45

HOA Fees

  • $423 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Automatic Gate
  • Guest Parking
  • Parking Lot
  • Assigned Parking
  • Community Parking Structure

Property Views

  • Bridge
  • City Lights
  • Mountain
  • Neighborhood

Home Design

  • Modern Architecture
  • Turnkey
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1 Full Bathroom
  • 840 Sq Ft Home
  • Entrance Foyer
  • Loft
  • Art Studio
  • Concrete Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen

Home Security

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Central Air
  • Hot Water Heating System
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Two or More Common Walls

Listing and Financial Details

  • Tax Lot 2421
  • Tax Tract Number 34544
  • Assessor Parcel Number 5151027085

Community Details

Overview

  • 104 Units
  • Alta Lofts Association, Phone Number (310) 694-0600
  • Pmp Management HOA
  • Maintained Community
  • Mountainous Community

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Clubhouse
  • Recreation Room

Recreation

  • Fitness Center
  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,918

Year Built

Built in 2009

Lot Details

0

HOA Fees

$423 per month

Parking

1

Listing Details

  • Structure Type: House
  • Inclusions: ALL APPLIANCES
  • Property Attached: Yes
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Guarded
  • View: Yes
  • Architectural Style: Modern
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5151027085
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 840.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Flooring: Concrete
  • Accessibility Features: Parking
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 553.57
  • Room Type: Art Studio, Entry, Foyer, Loft
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Bridge(s), City Lights, Mountain(s), Neighborhood
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Construction Materials: Concrete

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Guest, Parking Space, Structure
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Laundry: Yes
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Outdoor Cooking Area, Gym/Ex Room, Clubhouse, Recreation Room, Electricity, Gas, Maintenance Grounds, Trash, Pets Permitted, Call for Rules, Security, Controlled Access, Hot Water
  • Association Fee: 423.47
  • Association Fee Frequency: Monthly
  • Association Name: ALTA LOFTS
  • Phone: 3106940600
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Dog Park, Hiking, Park, Mountainous, Sidewalks, Street Lights
  • Association Management: PMP Management

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 104
  • Number Of Units Total: 104

Tax Info

  • Tax Lot: 2421
  • Tax Tract Number: 34544

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2020
Closed on
May 10, 2021
Sold by
Almada David R
Bought by
Depaz Guadalupe and Paz Santos
Seller's Agent
Adela Randazzo
Keller Williams Realty
Buyer's Agent
Adela Randazzo
Keller Williams Realty
List Price
$489,000
Sold Price
$465,000
Premium/Discount to List
-$24,000
-4.91%
Current Estimated Value
$535,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,780
Avg. Annual Appreciation
4.07%
Original Mortgage
$441,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2010
Sold by
Municipal Holdings Llc
Bought by
Almada David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,800
Interest Rate
4.26%
Mortgage Type
Commercial
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
Depaz Guadalupe $465,000 Chicago Title Company
Almada David R $231,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Depaz Guadalupe $441,750
Previous Owner Almada David R $184,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $465,000 0.0% $554 / Sq Ft
05/01/2021 05/01/21 Pending -- -- --
09/15/2020 09/15/20 Off Market $465,000 -- --
08/03/2020 08/03/20 Price Changed $460,000 -4.0% $548 / Sq Ft
06/17/2020 06/17/20 Price Changed $479,000 -2.0% $570 / Sq Ft
06/04/2020 06/04/20 For Sale $489,000 +5.2% $582 / Sq Ft
05/19/2020 05/19/20 Off Market $465,000 -- --
04/20/2020 04/20/20 For Sale $489,000 -- $582 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,918 $493,461 $318,362 $175,099
2024 $5,918 $483,786 $312,120 $171,666
2023 $5,802 $474,300 $306,000 $168,300
2022 $5,528 $465,000 $300,000 $165,000
2021 $3,233 $273,406 $184,639 $88,767
2020 $3,263 $270,603 $182,746 $87,857
2019 $3,133 $265,298 $179,163 $86,135
2018 $3,117 $260,097 $175,650 $84,447
2016 $2,969 $249,999 $168,830 $81,169
2015 $2,923 $246,245 $166,295 $79,950
2014 $2,936 $241,422 $163,038 $78,384
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20076365

California Regional Multiple Listing Service (CRMLS)

APN: 5447-013-086