NOT LISTED FOR SALE

306 W 3rd St Los Angeles, CA 90013

Downtown LA Neighborhood
1 Bed
66 Baths
680 Sq Ft
0.54 Acres

About This Home

One bedroom available for $1995!

Grand Central Market Apartments offer an exceptional living. Located within a beautifully restored historic building, these apartments seamlessly blend classic architecture with modern luxury. The moment you step outside your door, you are just steps away from the vibrant energy of Grand Central Market, a bustling destination for food lovers, culture seekers, and city dwellers alike.

Each residence boasts thoughtfully designed interiors, with high ceilings, central air, expansive windows, and contemporary finishes that pay homage to the building's historic roots. The spacious layouts are complemented by gourmet kitchens with stainless steel appliances and designer fixtures, offering a perfect mix of style and function.

Living here means experiencing a piece of LA history while enjoying all the comforts of modern life. In addition to the market's world-class dining and shopping options at your doorstep, residents have access to premium amenities, fitness center with sauna and locker rooms, included parking, on site laundry, and communal spaces designed for both relaxation and socializing. Grand Central Market Apartments provide the perfect balance of historic charm, unbeatable location, and upscale urban living.

Contact our leasing team today!

$2.83 City SCEP Fee added to monthly rent
Parking included in garage. Parking is not assigned or designated

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2017
Sold by
Grand Central Square Limited Partnership
Bought by
Gcs Emerald Llc and Gcs Equity Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,080,000
Outstanding Balance
$43,640,560
Interest Rate
3.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 24, 1993
Sold by
Metropolitan Property Associates
Bought by
Grand Central Square Ltd Partnership
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Gcs Emerald Llc $77,650,000 Commonwealth Land Title Co
Grand Central Square Ltd Partnership -- World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gcs Emerald Llc $52,080,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2025 05/05/25 Off Market $1,995 -- --
04/22/2025 04/22/25 Price Changed $1,995 -46.1% $3 / Sq Ft
03/01/2025 03/01/25 Price Changed $3,700 +44.4% $5 / Sq Ft
02/19/2025 02/19/25 Price Changed $2,562 +55.7% $4 / Sq Ft
11/20/2024 11/20/24 Price Changed $1,646 +0.1% $2 / Sq Ft
11/15/2024 11/15/24 Price Changed $1,645 -9.2% $2 / Sq Ft
10/17/2024 10/17/24 Price Changed $1,812 -3.4% $3 / Sq Ft
10/09/2024 10/09/24 Price Changed $1,875 -3.8% $3 / Sq Ft
05/02/2024 05/02/24 Price Changed $1,949 -2.5% $3 / Sq Ft
01/25/2024 01/25/24 Price Changed $1,999 -0.1% $3 / Sq Ft
01/24/2024 01/24/24 Price Changed $2,000 +6.7% $3 / Sq Ft
12/12/2023 12/12/23 Price Changed $1,875 -6.3% $3 / Sq Ft
10/05/2023 10/05/23 Price Changed $2,000 -5.9% $3 / Sq Ft
08/31/2023 08/31/23 Price Changed $2,125 +1.4% $3 / Sq Ft
08/31/2023 08/31/23 Price Changed $2,095 -1.4% $3 / Sq Ft
08/07/2023 08/07/23 For Rent $2,125 0.0% --
06/24/2023 06/24/23 Price Changed $2,125 +3.7% $3 / Sq Ft
06/24/2023 06/24/23 Price Changed $2,050 0.0% $3 / Sq Ft
06/21/2023 06/21/23 Price Changed $2,050 0.0% $3 / Sq Ft
06/21/2023 06/21/23 For Rent $2,050 -2.4% --
06/20/2023 06/20/23 For Rent $2,100 0.0% --
06/01/2023 06/01/23 Price Changed $2,100 +10.5% $3 / Sq Ft
05/27/2023 05/27/23 Price Changed $1,900 -3.8% $3 / Sq Ft
05/20/2023 05/20/23 Price Changed $1,975 -9.2% $3 / Sq Ft
04/26/2023 04/26/23 Price Changed $2,175 +2.4% $3 / Sq Ft
04/20/2023 04/20/23 Price Changed $2,125 +2.4% $3 / Sq Ft
04/11/2023 04/11/23 Price Changed $2,075 +5.1% $3 / Sq Ft
04/07/2023 04/07/23 Price Changed $1,975 +6.8% $3 / Sq Ft
03/30/2023 03/30/23 Price Changed $1,850 -5.1% $3 / Sq Ft
03/23/2023 03/23/23 Price Changed $1,950 -7.1% $3 / Sq Ft
03/18/2023 03/18/23 Price Changed $2,100 +5.0% $3 / Sq Ft
02/15/2023 02/15/23 Price Changed $2,000 +6.7% $3 / Sq Ft
02/01/2023 02/01/23 For Rent $1,875 -- --

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 $274,476 $21,049,840 $15,360,696 $5,689,144
2024 $274,476 $20,637,099 $15,059,506 $5,577,593
2023 $268,772 $20,232,451 $14,764,222 $5,468,229
2022 $256,423 $19,835,737 $14,474,728 $5,361,009
2021 $252,492 $19,446,802 $14,190,910 $5,255,892
2019 $244,958 $18,915,012 $13,770,000 $5,145,012
2018 $169,037 $12,264,772 $8,731,620 $3,533,152
2017 $148,480 $10,541,980 $8,560,412 $1,981,568
2016 $143,889 $10,335,275 $8,392,561 $1,942,714
2015 $141,533 $10,180,030 $8,266,497 $1,913,533
2014 $142,277 $9,980,618 $8,104,568 $1,876,050
Source: Public Records

Map

California Los Angeles County Los Angeles 90012 Downtown LA

306 W 3rd St, Los Angeles, CA

This home is located at 306 W 3rd St, Los Angeles, CA 90013. 306 W 3rd St is a home located in Los Angeles County with nearby schools including Para Los Niños Charter Middle School, John H. Liechty Middle School, and Ramón C. Cortines School of Visual and Performing Arts.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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