$745,000
SOLD APR 3, 2025
1 Bed
1 Bath
1,060 Sq Ft
$891/mo HOA Fee

Recently Sold

$703 Per Sq Ft

22 Days on Market

Highlights

  • Automatic Gate
  • Corner Lot
  • Stone Countertops
  • City Lights View
  • High Ceiling
  • Breakfast Area or Nook

About This Home

As of April 2025

Impressive, designer-renovated unit at the historic Pan American Lofts, an intimate 40 unit community in the heart of the Historic District. This well maintained 1895 Beaux Arts building is recognized as L.A. Historic Cultural Monument No. 544 and has a coveted Mills Act contract, reducing homeowners' annual property tax up to 70%. As one of the larger layouts in the building with a dedicated bedroom area, this unit features 6 oversized windows and a glass door out to a private terrace, providing both natural light and a cross breeze. Features include original exposed brick and concrete walls, designer light fixtures, steel I-beams, 11' ceilings, and views of City Hall and the LA Times building. The beautifully remodeled kitchen features a stone countertop, a spacious island, custom cabinetry, black stainless steel appliances and plenty of storage. The generously sized bedroom includes a built-in closet and opens up the private terrace. Additional upgrades include polished concrete floors, custom mill work and blinds, and a Miele washer/dryer. The chic bathroom showcases marble tiled floor, a walk in shower, plenty of storage, and natural light from the oversized bathroom window. One, well positioned, deeded parking space is included in the onsite subterranean garage. This unit is ideally located in the heart of the Historic Core, next door to Grand Central Market, The Bradbury, Million Dollar Theater, newly opened historic broadway station Metro station, Little Tokyo, financial district and a plethora of DTLA dining and entertainment.

Last Agent to Sell the Property

Sabrina Mosenifar

Real Estate eBroker Inc. License #02060615 Listed on: 01/29/2025

Real Estate eBroker Inc.

Last Buyer's Agent

Gina Isaac

Nourmand & Associates-HW License #01437713

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,450

Year Built

  • Built in 1897 | Remodeled

Lot Details

  • South Facing Home
  • Historic Home

HOA Fees

  • $891 Monthly HOA Fees

Property Views

  • City Lights
  • Courtyard

Home Design

  • Turnkey
  • Flat Roof Shape
  • Fire Rated Drywall

Interior Spaces

  • 1,060 Sq Ft Home
  • Brick Wall or Ceiling
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Custom Window Coverings
  • Living Room
  • Concrete Flooring
  • Security Lights

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Gas Cooktop
  • Freezer
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Automatic Gate

Outdoor Features

  • Balcony
  • Outdoor Grill

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Shared Water Source
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5149-009-034

Community Details

Overview

  • Association fees include building and grounds, cable TV, gas, insurance, maintenance paid, trash, water and sewer paid, alarm system
  • 41 Units
  • Low-Rise Condominium
  • 5-Story Property

Amenities

  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,450

Year Built

Built in 1897 | Remodeled

Lot Details

0

HOA Fees

$891 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Low Rise
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Pan American Lofts
  • Disability Access: Handicap Access
  • Entry Floor: 2
  • Living Area: 1060
  • Lot Acreage: 0.3059
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 5
  • Unit Floor In Building: 2
  • Year Built: 1897
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Turnkey, Laundry - Closet Stacked, Brick Walls
  • Flooring: Stained Concrete
  • Appliances: Range, Cooktop - Gas
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Linen Closet, Remodeled, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar
  • Kitchen Features: Stone Counters, Remodeled
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Freezer, Garbage Disposal, Washer, Vented Exhaust Fan, Refrigerator, Range/Oven, Hood Fan, Cable
  • Price Per S Q F T: 702.83
  • Windows: Double Pane Windows, Custom Window Covering

Exterior Features

  • Direction Faces: South
  • Other Features: Balcony, Barbecue Private, Historical, High Ceilings (9 Feet+)
  • Tennis Court Y/N: No
  • Patio: Balcony
  • Pool: No
  • Roof: Flat
  • Spa Yn: No
  • View: City, City Lights, Courtyard
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Subterranean, Assigned, Garage Is Attached
  • Total Parking: 1

Utilities

  • TV Svcs: Cable TV
  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinklers, Fire Rated Drywall, Smoke Detector, Exterior Security Lights, Card/Code Access
  • Water: Mutual Water Source

Association/Amenities

  • Amenities: Gated Parking, Controlled Access, Assoc Maintains Landscape, Assoc Pet Rules, Elevator
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Cable TV, Gas, Insurance, Maintenance Paid, Trash, Water and Sewer Paid, Alarm System
  • HOA Fees: 891.25
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5149-009-034
  • Lot Location: City, Corner Lot
  • Lot Size Area: 13327

Rental Info

  • Furnished: Furnished Or Unfurnished

Multi Family

  • Number Of Units: 41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2025
Closed on
Feb 24, 2025
Sold by
Roach Jason Donald
Bought by
Monica Lundy Trust and Lundy
Seller's Agent
Sabrina Mosenifar
Real Estate eBroker Inc.
Buyer's Agent
Gina Isaac
Nourmand & Associates-HW
List Price
$745,000
Sold Price
$745,000
Total Days on Market
22
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-33.55%
Original Mortgage
$100,000
Outstanding Balance
$99,916
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$600,789

Purchase Details

Closed on
Nov 8, 2021
Sold by
Roach Jason Donald and Garibay Gustavo
Bought by
Roach Jason Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
3.12%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Aug 5, 2019
Closed on
Dec 9, 2019
Sold by
Adams Alyssa C and Qualls Jordan
Bought by
Roach Jason Donald and Garibay Gustavo
Seller's Agent
Imraan Ali
Compass
Buyer's Agent
Tim White
Douglas Elliman
List Price
$675,000
Sold Price
$635,000
Premium/Discount to List
-$40,000
-5.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.83%
Original Mortgage
$325,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 28, 2016
Closed on
Sep 28, 2016
Sold by
York Dana James
Bought by
Adams Alyssa C and Qualls Jordan
Seller's Agent
Anh Tran
Keller Williams Larchmont
Buyer's Agent
Imraan Ali
Compass
List Price
$624,900
Sold Price
$575,000
Premium/Discount to List
-$49,900
-7.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.21%
Original Mortgage
$483,000
Interest Rate
3.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 22, 2011
Sold by
Symphony Asset Pool Vii Llc
Bought by
York Dana James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
4.56%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 6, 2010
Sold by
259 South Broadway Llc
Bought by
Symphony Asset Pool Vii Llc

Purchase Details

Closed on
Aug 28, 2008
Sold by
City View Loft Partners Llc
Bought by
259 South Broadway Llc
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 $745,000 Lawyers Title Company
Interfamily Deed Transfer -- American Coast Title
Grant Deed $635,000 Provident Title Company
Grant Deed $575,000 Lawyers Title Company
Condominium Deed $282,500 Chicago Title Company
Grant Deed -- First American Title Insuran
Trustee Deed $2,583,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 New Conventional
Previous Owner $84,000 Credit Line Revolving
Previous Owner $143,000 Credit Line Revolving
Previous Owner $500,500 New Conventional
Previous Owner $495,000 New Conventional
Previous Owner $325,000 New Conventional
Previous Owner $483,000 Commercial
Previous Owner $224,000 Commercial
Previous Owner $226,000 Commercial
Previous Owner $2,173,958 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 Sold $745,000 0.0% $703 / Sq Ft
02/20/2025 02/20/25 Pending -- -- --
01/29/2025 01/29/25 For Sale $745,000 0.0% $703 / Sq Ft
03/02/2024 03/02/24 Rented $3,400 0.0% --
02/06/2024 02/06/24 Price Changed $3,400 -9.3% $3 / Sq Ft
02/01/2024 02/01/24 Price Changed $3,750 -6.3% $4 / Sq Ft
01/27/2024 01/27/24 For Rent $4,000 0.0% --
12/20/2019 12/20/19 Sold $635,000 -0.6% $599 / Sq Ft
10/14/2019 10/14/19 Price Changed $639,000 -2.4% $603 / Sq Ft
08/19/2019 08/19/19 Price Changed $655,000 -3.0% $618 / Sq Ft
08/05/2019 08/05/19 For Sale $675,000 +17.4% $637 / Sq Ft
10/31/2016 10/31/16 Sold $575,000 0.0% $542 / Sq Ft
10/11/2016 10/11/16 Pending -- -- --
08/08/2016 08/08/16 Off Market $575,000 -- --
07/10/2016 07/10/16 Price Changed $599,000 -2.6% $565 / Sq Ft
04/30/2016 04/30/16 Price Changed $614,900 -1.6% $580 / Sq Ft
04/28/2016 04/28/16 For Sale $624,900 -- $590 / 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
2024 $2,450 $188,000 $37,600 $150,400
2023 $2,443 $188,000 $37,600 $150,400
2022 $2,375 $188,000 $37,600 $150,400
2021 $2,412 $191,000 $38,200 $152,800
2019 $2,603 $176,000 $35,200 $140,800
2018 $2,345 $176,000 $35,200 $140,800
2016 $1,662 $128,000 $25,600 $102,400
2015 $2,480 $128,000 $25,600 $102,400
2014 $2,102 $128,000 $25,600 $102,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25-489841

The MLS

APN: 5149-009-034