$645,000
SOLD FEB 8, 2019
1 Bed
1 Bath
860 Sq Ft
$450/mo HOA Fee

Recently Sold

$750 Per Sq Ft

2% Above List Price

6 Days on Market

Highlights

  • Primary Bedroom Suite
  • Updated Kitchen
  • Property is near a park
  • City Lights View
  • Open Floorplan
  • Loft

About This Home

As of February 2019

The quintessential Downtown Loft. With unobstructed Southern & Eastern views this condo is flooded with natural light from sunrise to sunset. Through a double door entrance you find yourself in this 860 square foot 1 bedroom, 1 bath, 11 floor corner unit loft. In the style of industrial chic the brick walls have been exposed, polished concrete floors, 10 foot ceilings and best of all 4 oversized windows that look out over Spring & 7th Street. The bedroom is separated by a custom steel and glass, french door wall with a recently remodeled en suite bathroom. All new Samsung appliances, an LG washer / dryer combo, this condo is move in ready. In addition, if all of that weren’t enough, this condo falls under The Mills Act Historical Property Contract offering the owners a significant property tax savings. If you’re searching for the perfect Downtown loft, then search no more.

Last Agent to Sell the Property

Michelle Lin

Smart Realty Group License #01926224 Listed on: 01/02/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,797

Year Built

  • Built in 1911

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Common Roof

Interior Spaces

  • 860 Sq Ft Home
  • Open Floorplan
  • Brick Wall or Ceiling
  • High Ceiling
  • Living Room
  • Family or Dining Combination
  • Loft
  • City Lights Views

Kitchen

  • Updated Kitchen
  • Electric Oven
  • <<selfCleaningOvenToken>>
  • Recirculated Exhaust Fan
  • Ice Maker

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Low Flow Toliet
  • <<tubWithShowerToken>>
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Property is near a park
  • Property is near public transit
  • Urban Location

Additional Features

  • Exterior Lighting
  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 54121
  • Assessor Parcel Number 5144026127

Community Details

Overview

  • 140 Units
  • Partners Community Management Association, Phone Number (626) 529-3918

Amenities

  • Trash Chute

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,797

Year Built

Built in 1911

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Assessments: Yes
  • Other Phone Description: Megan (TC)
  • Other Phone Number: 714 425 0436
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAC5
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5144026127
  • Year Built: 1911
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 860.00 Square Feet
  • Interior Amenities: Brick Walls, High Ceilings, Open Floorplan, Trash Chute
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: In Family Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 750.00
  • Room Type: Kitchen, Living Room, Loft, Master Suite
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower In Tub, Closet In Bathroom, Remodeled
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • View: City Lights
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Ice Maker, Recirculated Exhaust Fan, Refrigerator, Self Cleaning Oven
  • Heating Type: Central
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 450.00
  • Association Fee Frequency: Monthly
  • Association Name: Partners Community Management
  • Phone: 626-529-3918
  • Senior Community: No
  • Community Features: Street Lights, Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 15922.00
  • Lot Size Acres: 0.3655

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15922.0000 Square Feet
  • Number Of Units In Community: 140
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2073.01
  • Tax Lot: 1
  • Tax Tract Number: 54121

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2019
Closed on
Jan 15, 2019
Sold by
Sternbaum Jesse H
Bought by
Resta Enzo
Seller's Agent
Michelle Lin
Smart Realty Group
List Price
$635,000
Sold Price
$645,000
Premium/Discount to List
$10,000
1.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.24%
Original Mortgage
$516,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 7, 2016
Closed on
Aug 16, 2016
Sold by
Patel Denise C Sangadeo
Bought by
Sternbaum Jesse H
Seller's Agent
Cesar Leyva
Avenue Homes
Buyer's Agent
Finneus Egan
Compass
List Price
$515,000
Sold Price
$505,000
Premium/Discount to List
-$10,000
-1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%
Original Mortgage
$417,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2004
Sold by
7Th Loft Llc
Bought by
Patel Denise C Sangadeo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,920
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $645,000 Ticor Title
Grant Deed $505,000 Fatcola
Grant Deed $350,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $507,000 New Conventional
Closed $516,000 Adjustable Rate Mortgage/ARM
Previous Owner $417,000 New Conventional
Previous Owner $279,920 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 For Sale $599,000 -7.1% $697 / Sq Ft
02/08/2019 02/08/19 Sold $645,000 +1.6% $750 / Sq Ft
01/08/2019 01/08/19 Pending -- -- --
01/02/2019 01/02/19 For Sale $635,000 +25.7% $738 / Sq Ft
09/22/2016 09/22/16 Sold $505,000 -1.9% $587 / Sq Ft
08/14/2016 08/14/16 Pending -- -- --
07/07/2016 07/07/16 For Sale $515,000 -- $599 / 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
2024 $2,797 $199,000 $39,800 $159,200
2023 $2,770 $199,000 $39,800 $159,200
2022 $2,670 $199,000 $39,800 $159,200
2021 $2,663 $199,000 $39,800 $159,200
2020 $2,305 $166,000 $33,200 $132,800
2019 $2,331 $166,000 $33,200 $132,800
2018 $2,354 $166,000 $33,200 $132,800
2016 $5,208 $411,994 $123,632 $288,362
2015 $5,124 $405,806 $121,775 $284,031
2014 $5,146 $397,858 $119,390 $278,468
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19000512

California Regional Multiple Listing Service (CRMLS)

APN: 5144-026-127