NOT LISTED FOR SALE

Textile Building Lofts 315 E 8th St Unit 1005 Los Angeles, CA 90014

Downtown LA Neighborhood

Estimated Value: $404,000 - $812,000

1 Bed
1 Bath
670 Sq Ft
$485/mo HOA Fee

Last Sold January 15, 2019

Last sale price $500,000 $746 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,405/month

105 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Tennis Courts
  • 24-Hour Security
  • City Lights View
  • Outdoor Cooking Area

About This Home

As of January 2019

Cozy & Bright Industrial 1b/1b Loft in the landmark Textile building in the Fashion District. This unit features high ceilings, exposed brick walls, and a full wall of original industrial windows letting in tons of natural light and showcasing the awesome Downtown LA skyline. Stainless steel appliances, modern cabinets & counter tops with open concept to family room. Finished concrete floors Spacious bathroom offering W/D, standing glass shower, and floor to ceiling tiles. The Textile Building is part of Santee Village which includes shared amenities like a rooftop pool, BBQ area, driving range, lounge, basketball court, fitness center, & dog park. Steps away to flower mart, local cafes, fine dining, entertainment, shopping, & public transportation. This historic residence qualifies for major tax savings under the Mills Act. PARKING SPOT INCLUDED along with extra storage.

Last Agent to Sell the Property

Cody Coffman

Compass License #01891015 Listed on: 09/05/2018

Last Buyer's Agent

Christy Di Leo

License #01797896

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,589

Year Built

  • Built in 1925

Lot Details

  • 6,970

HOA Fees

  • $485 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Mountain

Interior Spaces

  • 670 Sq Ft Home
  • Dining Area
  • Concrete Flooring

Kitchen

  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5145-003-075

Community Details

Overview

  • 64 Units

Amenities

  • Outdoor Cooking Area
  • Sundeck
  • Community Barbecue Grill
  • Elevator

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,589

Year Built

Built in 1925

Lot Details

0

HOA Fees

$485 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: Textile Lofts
  • Entry Floor: 10
  • Living Area: 670
  • Planned Urban Dev: 0
  • Unit Floor In Building: 10
  • Year Built: 1925
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Cement
  • 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: Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Freezer, Refrigerator, Washer
  • Price Per S Q F T: 744.78

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Community
  • Pool: Yes
  • View: City, City Lights, Mountains
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Assoc Barbecue, Basketball Court, Elevator, Fitness Center, Outdoor Cooking Area, Pool, Spa, Sun Deck, Tennis Courts
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 485.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5145-003-075
  • Geocode Override: No
  • Lot Size Area: 7339

Multi Family

  • Number Of Units: 64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2018
Closed on
Jan 7, 2019
Sold by
Galtero Gautier
Bought by
Farber Benjamin Louis
Seller's Agent
Cody Coffman
Compass
Buyer's Agent
Christy Di Leo
List Price
$569,000
Sold Price
$500,000
Premium/Discount to List
-$69,000
-12.13%
Current Estimated Value
$511,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,761
Avg. Annual Appreciation
-0.11%
Original Mortgage
$400,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2008
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Galtero Gautier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 2008
Sold by
Pineda Abner M
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 16, 2007
Sold by
Santee Court Phase Iii Condo Lp
Bought by
Pineda Abner M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Farber Benjamin Louis $500,000 Old Republic Title Company
Galtero Gautier $271,500 Chicago Title Company
Federal Home Loan Mortgage Corporation $317,045 United Title Company
Pineda Abner M $375,000 Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farber Benjamin Louis $30,000
Open Farber Benjamin Louis $396,000
Closed Farber Benjamin Louis $400,000
Closed Farber Benjamin Louis $400,000
Previous Owner Galtero Gautier $149,092
Previous Owner Galtero Gautier $150,000
Previous Owner Pineda Abner M $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2019 01/15/19 Sold $500,000 +0.2% $746 / Sq Ft
12/08/2018 12/08/18 Price Changed $499,000 -3.5% $745 / Sq Ft
11/13/2018 11/13/18 Price Changed $517,000 -2.3% $772 / Sq Ft
10/16/2018 10/16/18 Price Changed $529,000 -3.6% $790 / Sq Ft
10/03/2018 10/03/18 Price Changed $549,000 -3.5% $819 / Sq Ft
09/05/2018 09/05/18 For Sale $569,000 -- $849 / 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
2025 $1,589 $116,000 $23,200 $92,800
2024 $1,589 $116,000 $23,200 $92,800
2023 $1,583 $116,000 $23,200 $92,800
2022 $1,535 $116,000 $23,200 $92,800
2021 $2,278 $179,000 $35,800 $143,200
2019 $2,084 $163,000 $32,600 $130,400
2018 $2,119 $163,000 $32,600 $130,400
2016 $1,009 $76,000 $15,200 $60,800
2015 $1,340 $76,000 $15,200 $60,800
2014 $1,314 $76,000 $15,200 $60,800
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Cody Coffman

    Compass

  • C

    Buyer's Agent in 2019

    Christy Di Leo

  • Ellen Henry

    Buyer Co-Listing Agent in 2019

    Ellen Henry

    Compass

    (562) 458-6833

    69 Total Sales

    Ellen Henry
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About Textile Building Lofts

Map

Source: The MLS

MLS Number: 18-371280

The MLS

APN: 5145-003-075

California Los Angeles County Los Angeles 90014 Downtown LA

315 E 8th St Unit 1005, Los Angeles, CA

This home is located at 315 E 8th St Unit 1005, Los Angeles, CA 90014 since 05 September 2018 and is currently estimated at $511,761, approximately $763 per square foot. This property was built in 1925. 315 E 8th St Unit 1005 is a home located in Los Angeles County with nearby schools including Para Los Niños Charter Middle School, John Adams Middle School, and Santee Education Complex.

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