NOT LISTED FOR SALE

Estimated Value: $346,000 - $452,000

-- Bed
1 Bath
460 Sq Ft
$527/mo HOA Fee

Last Sold January 14, 2021

Last sale price $315,000 $685 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,765/month

19 Days on Market

Highlights

  • Concierge
  • Rooftop Deck
  • High Ceiling
  • 24-Hour Security
  • Loft
  • Granite Countertops

About This Home

As of January 2021

The perfect urban studio awaits you in the historic Bartlett Lofts. Have you dreamed of having an urban getaway or investment property in the city? This is the one! Whatever your needs, this is a true industrial urban loft. This 12th floor property has courtyard and city views, exposed brick walls, large original windows, and high ceilings of approximately 14 feet--enough ceiling height to build a mezzanine. Amenities include a roof top lounge area with views of the Downtown skyline and 24/7 concierge service in the lobby. The Bartlett Lofts are located in a vibrant residential core of Downtown LA close to shops, restaurants, shopping, art galleries, Staples Entertainment Center, and the Los Angeles Music Center. Moreover, this is a Mills Act property offering the owner significant annual property tax savings.

Last Agent to Sell the Property

Roger Gendron

The Agency License #01968062 Listed on: 10/27/2020

The Agency

Last Buyer's Agent

Roger Gendron

The Agency License #01968062 Listed on: 10/27/2020

The Agency

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,468

Year Built

  • Built in 1911

Lot Details

  • West Facing Home
  • Historic Home

HOA Fees

  • $527 Monthly HOA Fees

Interior Spaces

  • 460 Sq Ft Home
  • High Ceiling
  • Loft
  • Tile Flooring
  • Courtyard Views

Kitchen

  • Electric Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Utilities

  • Air Conditioning
  • Heating Available
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 5144-026-140

Community Details

Overview

  • Association fees include building and grounds, concierge, trash, water and sewer paid
  • 139 Units
  • 14-Story Property

Amenities

  • Concierge
  • Rooftop Deck
  • Sundeck
  • Lobby

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Card or Code Access
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,468

Year Built

Built in 1911

Lot Details

0

HOA Fees

$527 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Advertising Remarks: The perfect urban studio awaits you in the historic Bartlett Lofts. Do you need a second place when doing business in LA, while here for entertainment? This is the one! Whatever your needs, this is a true industrial urban loft. This 12th floor property has courtyard and city views, exposed brick walls, large original windows, and high ceilings of approximately 14 feet--enough ceiling height to build a mezzanine. Amenities include a roof top lounge area with views of the Downtown skyline and 24/7 concierge service in the lobby. The Bartlett Lofts are located in a vibrant residential core of Downtown LA close to shops, restaurants, shopping, art galleries, Staples Entertainment Center, and the Los Angeles Music Center. Moreover, this is a Mills Act property offering the owner significant annual property tax savings.
  • Complex Name: Bartlett Loft HOA
  • Entry Floor: 12
  • Entry Location: Elevator
  • Living Area: 460
  • Planned Urban Dev: 0
  • Stories: 14
  • Unit Floor In Building: 12
  • Year Built: 1911
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Appliances: Range, Free Standing Electric, Oven-Electric
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Granite Counters
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 695.65

Exterior Features

  • Direction Faces: West
  • Other Features: High Ceilings (9 Feet+), Historical
  • Exposure: Western
  • Pool: No
  • View: Courtyard
  • View: Yes

Utilities

  • Cooling: Air Conditioning
  • Earth Quake Ins: 0
  • Heating: Electric
  • Security: 24 Hour, Card/Code Access, Fire and Smoke Detection System, Fire Sprinklers
  • Water: District

Association/Amenities

  • Amenities: Concierge, Sun Deck
  • Pet Rules: Assoc Pet Rules, Pets Permitted, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Concierge, Trash, Water and Sewer Paid
  • High Rise: 24-Hour Concierge, Controlled Access, Entrance Lobby, Rooftop Sky Deck
  • HOA Fees: 527.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5144-026-140
  • Lot Size Area: 15922

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 139

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2020
Closed on
Dec 30, 2020
Sold by
Rae Karen
Bought by
Quentin Shane Cox
Seller's Agent
Roger Gendron
The Agency
Buyer's Agent
Roger Gendron
The Agency
List Price
$320,000
Sold Price
$315,000
Premium/Discount to List
-$5,000
-1.56%
Current Estimated Value
$389,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,202
Avg. Annual Appreciation
3.67%
Original Mortgage
$299,250
Outstanding Balance
$268,302
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$104,114

Purchase Details

Closed on
Sep 1, 2009
Sold by
Hill Benjamin C
Bought by
Rae Karen and Karen Rae Family Living Trust

Purchase Details

Closed on
Feb 4, 2009
Sold by
Us Bank National Association
Bought by
Hill Benjamin C

Purchase Details

Closed on
Jun 12, 2008
Sold by
Montoya Samuel M
Bought by
Us Bank Na and Lehman Brothers Structured Asset Investm

Purchase Details

Closed on
Nov 16, 2005
Sold by
Oh Samuel Young
Bought by
Montoya Samuel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,700
Interest Rate
7.95%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 7, 2004
Sold by
7Th Loft Llc
Bought by
Oh Samuel Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,920
Interest Rate
1.37%
Mortgage Type
New Conventional
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
Quentin Shane Cox $315,000 Provident Title Company
Rae Karen $150,000 Fatcola
Hill Benjamin C $100,000 None Available
Us Bank Na $136,000 None Available
Montoya Samuel M $343,500 Chicago Title Company
Oh Samuel Young $260,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quentin Shane Cox $299,250
Previous Owner Montoya Samuel M $308,700
Previous Owner Oh Samuel Young $207,920
Closed Oh Samuel Young $25,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2021 01/14/21 Sold $315,000 -1.6% $685 / Sq Ft
11/15/2020 11/15/20 Pending -- -- --
10/27/2020 10/27/20 For Sale $320,000 0.0% $696 / Sq Ft
11/20/2017 11/20/17 Rented $1,750 0.0% --
10/23/2017 10/23/17 Price Changed $1,750 -7.9% $4 / Sq Ft
10/12/2017 10/12/17 For Rent $1,900 +20.6% --
05/16/2016 05/16/16 Rented $1,575 0.0% --
03/25/2016 03/25/16 For Rent $1,575 -- --
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 $1,468 $106,000 $21,200 $84,800
2024 $1,468 $106,000 $21,200 $84,800
2023 $1,455 $106,000 $21,200 $84,800
2022 $1,403 $106,000 $21,200 $84,800
2021 $1,479 $106,000 $21,200 $84,800
2020 $1,296 $89,000 $17,800 $71,200
2019 $1,488 $89,000 $17,800 $71,200
2018 $1,278 $89,000 $17,800 $71,200
2016 $2,125 $163,554 $54,516 $109,038
2015 $2,090 $161,099 $53,698 $107,401
2014 $2,106 $157,945 $52,647 $105,298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-652154

The MLS

APN: 5144-026-140