$635,000
SOLD DEC 20, 2019
1 Bed
1 Bath
1,060 Sq Ft
$620/mo HOA Fee

Recently Sold

$599 Per Sq Ft

6% Below List Price

87 Days on Market

Highlights

  • Art Deco Architecture
  • Elevator
  • Card or Code Access
  • Wood Flooring
  • Breakfast Bar
  • Central Heating and Cooling System

About This Home

As of April 2025

Incredible price, Mills Act Tax reduction, deeded garage parking, 12 foot ceilings, across the street from Grand Central Market, laundry in unit, private deck, courtyard access and separated bedroom area in this intimate 40 unit building! The Pan American Lofts are a Beaux Arts building located in the Historic Core with a rich history and in the National Register of Historic Places. This second floor loft with floor to ceiling windows is fully equipped and updated with large kitchen island and stainless steel appliances. Windows on opposite sides offer sunlit living spaces. Conveniently located near public transportation. Great value that should sell quickly.

Last Agent to Sell the Property

Imraan Ali

Compass License #01391639 Listed on: 08/05/2019

Compass

Last Buyer's Agent

Tim White

Douglas Elliman License #01702027

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,450

Year Built

  • Built in 1897

HOA Fees

  • $620 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • 1,060 Sq Ft Home
  • Art Deco Architecture

Kitchen

  • Breakfast Bar
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5149-009-034

Community Details

Overview

  • 40 Units
  • 5-Story Property

Pet Policy

  • Pets Allowed

Additional Features

  • Elevator
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,450

Year Built

Built in 1897

Lot Details

0

HOA Fees

$620 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Art Deco
  • Street Number Display: Yes
  • Advertising Remarks: Incredible price, Mills Act Tax reduction, deeded garage parking, 12 foot ceilings, across the street from Grand Central Market, laundry in unit, private deck, courtyard access and separated bedroom area in this intimate 40 unit building! The Pan American Lofts are a Beaux Arts building located in the Historic Core with a rich history and in the National Register of Historic Places. This second floor loft with floor to ceiling windows is fully equipped and updated with large kitchen island and stainless steel appliances. Windows on opposite sides offer sunlit living spaces. Conveniently located near public transportation. Great value that should sell quickly.
  • Complex Name: Pan Am
  • Entry Floor: 2
  • Living Area: 1060
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 5
  • Unit Floor In Building: 2
  • Year Built: 1897
  • Number Of Photos: 43
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Refrigerator, Washer
  • Price Per S Q F T: 602.83

Exterior Features

  • Construction: Concrete
  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Garage - 1 Car
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Card/Code Access

Association/Amenities

  • Amenities: Elevator
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 620.00
  • HOA: No

Lot Info

  • Assessor Parcel Number: 5149-009-034
  • Geocode Override: No
  • Lot Size Area: 13323

Multi Family

  • Number Of Units: 40

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
87
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: 19-496528

The MLS

APN: 5149-009-034