NOT LISTED FOR SALE

Estimated Value: $570,000 - $691,000

2 Beds
2 Baths
1,233 Sq Ft
0.27 Acres

Highlights

  • Concierge
  • 3-minute walk to Pershing Square Station
  • City Lights View
  • Fitness Center
  • 24-Hour Security
  • 3-minute walk to Spring Street Park

About This Home

As of March 2023

*X-LARGE LIVE/WORK HISTORIC LOFT WITH ENCLOSED BEDROOMS, HIGH CEILINGS, OVERSIZED WINDOWS & ABUNDANT NATURAL LIGHT.* Originally known as the "Title Guarantee Block" and built in 1913, the nine-story Jewelry Trades Building has a light colored terra cotta exterior with ornamentation of the Renaissance period. Designed by Morgan, Walls and Morgan, who also designed numerous Los Angeles Historic Cultural Monuments, the original interior of Title Guarantee Block was finished in Italian marble, plate glass and oak. These unique 62 residences are elegantly appointed with oak hardwood floors, ample storage cabinets, and washer/dryer hookups in each unit. All residents have easy access to onsite DeSuar Spa, community laundry room, and directly across the street access to the rooftop sun deck and fitness room. Live in a vibrant area of the Historic Core in Downtown LA, rich with history, art galleries, shopping, dining, nightlife, cultural centers, and transportation options. *WATER & TRASH INCLUDED. PET FRIENDLY. PARKING AVAILABLE AT NEARBY LOTS STARTING AROUND $200/MONTH PER CAR.*

Last Agent to Rent the Property

Alexis Alegre

Smart LA Realty License #01970214 Listed on: 03/06/2023

Co-Listed By

Tiffany Gatto

Smart LA Realty License #01822601

Last Renter's Agent

Alexis Alegre

Smart LA Realty License #01970214 Listed on: 03/06/2023

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1912

Lot Details

  • 0.27

Home Design

  • Entry on the 6th floor

Interior Spaces

  • 1,233 Sq Ft Home
  • Living Room
  • Dining Area
  • Wood Flooring
  • City Lights Views
  • Stacked Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Additional Features

  • South Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,650
  • Tenant pays for electricity, insurance
  • Rent includes water, trash collection
  • 12 Month Lease Term
  • Assessor Parcel Number 5149-034-053

Community Details

Overview

  • 62 Units
  • 9-Story Property

Amenities

  • Concierge
  • Sundeck
  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed
  • Pet Deposit $250

Security

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

Condo Details

Home Type

Condominium

Year Built

Built in 1912

Lot Details

0

Rental Info

  • Credit Report Amount: 40.00
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Pet Deposit: 250.00
  • Rent Excludes: Cable/Internet, Electric.
  • Rent Includes: Water, Trash Collection
  • Security Deposit: 2650
  • Tenant Pays: Electricity, Insurance

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Style: Architectural
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Entry Floor: 6
  • Lease Terms: 1-Year
  • Living Area: 1233
  • Lot Acreage: 0.2749
  • Stories: 9
  • Year Built: 1912
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Microwave, Garbage Disposal, Freezer, Refrigerator, Range/Oven, Stackable W/D Hookup
  • Price Per S Q F T: 2.15

Exterior Features

  • Direction Faces: South
  • Pool: No
  • View: City, City Lights
  • View: Yes

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Card/Code Access, Fire and Smoke Detection System, Fire Sprinklers, Carbon Monoxide Detector(s)

Association/Amenities

  • Amenities: Concierge, Controlled Access, Elevator, Exercise Room, Sun Deck
  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 5149-034-053
  • Lot Size Area: 11974

Multi Family

  • Number Of Units: 62

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2023 03/20/23 Rented $2,650 0.0% --
03/06/2023 03/06/23 For Rent $2,650 0.0% --
03/06/2023 03/06/23 Rented $2,650 0.0% --
02/04/2023 02/04/23 Price Changed $2,650 -1.9% $2 / Sq Ft
01/17/2023 01/17/23 For Rent $2,700 +1.9% --
11/03/2017 11/03/17 Rented $2,650 0.0% --
08/11/2017 08/11/17 For Rent $2,650 -- --
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 $2,931 $193,230 $47,317 $145,913
2024 $2,931 $189,442 $46,390 $143,052
2023 $2,850 $185,729 $45,481 $140,248
2022 $2,700 $182,089 $44,590 $137,499
2021 $2,642 $178,519 $43,716 $134,803
2019 $2,545 $173,225 $42,420 $130,805
2018 $2,522 $169,830 $41,589 $128,241
2016 $2,339 $163,237 $39,975 $123,262
2015 $2,295 $160,786 $39,375 $121,411
2014 $2,309 $157,637 $38,604 $119,033
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-248127

The MLS

APN: 5149-034-053