NOT LISTED FOR SALE

Estimated Value: $384,000 - $526,000

1 Bed
1 Bath
797 Sq Ft
$680/mo HOA Fee

Last Sold July 15, 2024

Last sale price $375,000 $471 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,270/month

101 Days on Market

Highlights

  • Concierge
  • Automatic Gate
  • 0.66 Acre Lot
  • 24-Hour Security
  • City Lights View
  • 4-minute walk to Spring Street Park

About This Home

As of July 2024

3D Tour: bit.ly/Douglas-2B hard loft in the prestigious Douglas building. Originally the chief ticket office for the Southern Pacific Railroad and now restored as historic condominiums, enjoy original exposed brickwork, wall full of beautifully restored double-hung windows, elevated ceilings, rich Douglas Fir flooring and elegant mosaic tiling laid throughout. The kitchen showcases Poggenpohl kitchen cabinets, granite countertop, and fantastic stainless-steel appliances. In the bathroom, delight in a spacious soaking tub with gorgeously laid subway tiling, travertine countertop vanity, and Waterworks fixtures. Included with the home is an in-unit vented washer & dryer along with front desk security/concierge and a newly installed ButterflyMX call box system. The Douglas building is designated as a Mills Act Historical Building which grants homeowners of upwards to 70% off their property taxes and these savings are grandfathered to every subsequent owner as well! The building is conveniently located next to Grand Central Market, brand new Metro Station, and several highly acclaimed destinations including The Last Bookstore, The Broad, and Walt Disney Concert Hall to name few.

Last Agent to Sell the Property

Jonathan Yuen

Coldwell Banker Exclusive License #01952091 Listed on: 03/04/2024

Coldwell Banker Exclusive

Last Buyer's Agent

Jonathan Yuen

Coldwell Banker Exclusive License #01952091 Listed on: 03/04/2024

Coldwell Banker Exclusive

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,763

Year Built

  • Built in 1899

Lot Details

  • North Facing Home

HOA Fees

  • $680 Monthly HOA Fees

Interior Spaces

  • 797 Sq Ft Home
  • Built-In Features
  • Living Room
  • Loft
  • City Lights Views

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

Parking

  • Automatic Gate
  • On-Street Parking
  • Controlled Entrance

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5149-008-038

Community Details

Overview

  • 50 Units
  • 5-Story Property

Amenities

  • Concierge
  • Elevator

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,763

Year Built

Built in 1899

Lot Details

0

HOA Fees

$680 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Douglas Lofts
  • Entry Floor: 2
  • Living Area: 797
  • Lot Acreage: 0.6618
  • Planned Urban Dev: 0
  • Stories: 5
  • Unit Floor In Building: 2
  • Year Built: 1899
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Fireplaces: 0
  • 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 Closet, In Kitchen, In Unit, Laundry Closet Stacked, Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Built-Ins, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Network Wire, Range/Oven, Recirculated Exhaust Fan, Refrigerator, Stackable W/D Hookup, Washer
  • Fireplace: No
  • Price Per S Q F T: 470.51

Exterior Features

  • Direction Faces: North
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: On street, Controlled Entrance

Utilities

  • Cooling: Air Conditioning, Central, Heat Pump(s)
  • Heating: Central, Heat Pump
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Community, Fire and Smoke Detection System, Fire Sprinklers, Guarded, Smoke Detector

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Concierge, Controlled Access, Elevator, Hot Water, Gated Parking, Security
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 680.24
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5149-008-038

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
Jul 8, 2024
Sold by
Gregory Johnson Living Trust and Johnson Gregory
Bought by
Mchugh Holli Christine and Mchugh Dolan James
Seller's Agent
Jonathan Yuen
Coldwell Banker Exclusive
Buyer's Agent
Jonathan Yuen
Coldwell Banker Exclusive
List Price
$450,000
Sold Price
$375,000
Premium/Discount to List
-$75,000
-16.67%
Views
105
Current Estimated Value
$449,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,290
Avg. Annual Appreciation
17.51%
Original Mortgage
$115,000
Interest Rate
6.95%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 3, 2011
Sold by
Johnson Gregory
Bought by
Johnson Gregory and Gregory Johnson Living Trust

Purchase Details

Closed on
Mar 8, 2011
Sold by
Jacobson Scott Colby and Jacobson Gregg David
Bought by
Johnson Gregory

Purchase Details

Closed on
May 4, 2005
Sold by
257 Spring Street Llc
Bought by
Jacobson Gregg David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,500
Interest Rate
4.48%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mchugh Holli Christine $375,000 Provident Title Company
Johnson Gregory -- None Available
Johnson Gregory $189,000 Equity Title Orange County-I
Jacobson Gregg David $310,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mchugh Holli C $115,000
Previous Owner Jacobson Gregg David $369,000
Previous Owner Jacobson Gregg David $65,780
Previous Owner Jacobson Gregg David $294,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $375,000 0.0% $471 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
06/04/2024 06/04/24 Price Changed $375,000 -6.0% $471 / Sq Ft
05/21/2024 05/21/24 Price Changed $399,000 -6.1% $501 / Sq Ft
04/02/2024 04/02/24 Price Changed $425,000 -5.6% $533 / Sq Ft
03/04/2024 03/04/24 For Sale $450,000 0.0% $565 / Sq Ft
05/02/2023 05/02/23 Rented $2,100 0.0% --
05/01/2023 05/01/23 Under Contract -- -- --
04/17/2023 04/17/23 Price Changed $2,100 -8.5% $3 / Sq Ft
04/13/2023 04/13/23 Price Changed $2,295 -0.2% $3 / Sq Ft
03/03/2023 03/03/23 For Rent $2,300 +9.5% --
03/23/2022 03/23/22 Rented $2,100 0.0% --
03/14/2022 03/14/22 Under Contract -- -- --
03/04/2022 03/04/22 For Rent $2,100 +13.5% --
07/09/2018 07/09/18 Rented $1,850 0.0% --
07/09/2018 07/09/18 Under Contract -- -- --
06/30/2018 06/30/18 Price Changed $1,850 -5.1% $3 / Sq Ft
06/26/2018 06/26/18 Price Changed $1,950 -2.5% $3 / Sq Ft
06/22/2018 06/22/18 Price Changed $2,000 -7.0% $3 / Sq Ft
05/04/2018 05/04/18 For Rent $2,150 +22.9% --
07/27/2013 07/27/13 Rented $1,750 -10.3% --
07/27/2013 07/27/13 Under Contract -- -- --
05/29/2013 05/29/13 For Rent $1,950 -- --
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 $1,763 $130,000 $26,000 $104,000
2024 $1,763 $130,000 $26,000 $104,000
2023 $1,760 $130,000 $26,000 $104,000
2022 $1,712 $130,000 $26,000 $104,000
2021 $1,771 $135,000 $27,000 $108,000
2019 $1,874 $163,000 $32,600 $130,400
2018 $2,124 $163,000 $32,600 $130,400
2016 $1,380 $102,000 $20,400 $81,600
2015 $1,377 $102,000 $20,400 $81,600
2014 $1,853 $102,000 $20,400 $81,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-364301

The MLS

APN: 5149-008-038