NOT LISTED FOR SALE

Estimated Value: $754,000 - $1,554,553

2 Beds
2 Baths
1,400 Sq Ft
$600/mo HOA Fee

Last Sold November 26, 2018

Last sale price $1,100,000 $786 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $5,897/month

15 Days on Market

Highlights

  • Golf Course Community
  • In Ground Pool
  • Gated Parking
  • Fitness Center
  • Rooftop Deck
  • City Lights View

About This Home

As of November 2018

The Textile Building, a nationally recognized Historic Cultural Monument is the hidden gem of DTLA and benefits from Mills Act tax savings! This luxurious corner penthouse loft features walls of massive windows framing picturesque views of the city & mountains beyond. Among the feature design elements are; high ceiling, skylights, built-ins, kegerator for your favorite craft beer or cold brew, sunken living room, polished concrete & bamboo flooring. In the chef-ready gourmet kitchen find a full-wall tile backsplash, stainless appliances, dining bar area & vistas that elevate every meal to an aesthetic experience. The bright and spacious Master features a walk-in closet & attached spa like bathroom with separate shower & tub. The second bedroom features a skylight and ample additional storage. Enjoy use of the stunning rooftop deck & access to Santee Court's long list of amenities; pool, spa, driving range, basketball court, fitness center and BBQ area. Truly one of a kind classic loft!

Last Agent to Sell the Property

Laura Silver

Realty Source Incorporated License #01873654 Listed on: 10/03/2018

Last Buyer's Agent

Johannes Steinbeck

Estate Properties License #01980423

Estate Properties

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1925

Lot Details

  • 6,970

HOA Fees

  • $600 Monthly HOA Fees

Property Views

  • Mountain

Home Design

  • Entry on the 12th floor

Interior Spaces

  • 1,400 Sq Ft Home
  • Great Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Gated Parking
  • Parking Garage Space

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5145-003-083

Community Details

Overview

  • 64 Units
  • High-Rise Condominium
  • 12-Story Property

Amenities

  • Rooftop Deck
  • Sundeck
  • Community Barbecue Grill
  • Elevator

Recreation

  • Golf Course Community
  • Community Basketball Court
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Year Built

Built in 1925

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: High or Mid-Rise Condo
  • Street Number Display: Yes
  • Complex Name: Textile Lofts
  • Entry Floor: 12
  • Living Area: 1400
  • Planned Urban Dev: 0
  • Stories: 12
  • Year Built: 1925
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Bamboo, Cement
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit, Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Ice Maker, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 820.71

Exterior Features

  • Balcony: No
  • Tennis Court Y/N: No
  • Exposure: N,NE,W,NW
  • Pool Description: Association Pool
  • Pool: Yes
  • View: City, City Lights, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Community Garage, Detached, Garage - 1 Car, Garage Is Detached, Gated Underground

Utilities

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

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Pet Rules, Basketball Court, Controlled Access, Elevator, Exercise Room, Fitness Center, Golf, Pool, Spa, Sun Deck
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • High Rise: Rooftop Sky Deck
  • HOA Fees: 600.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5145-003-083
  • Geocode Override: No
  • Lot Size Area: 7339

Multi Family

  • Number Of Units: 64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2020
Sold by
Buyan Tserenjargal
Bought by
Mika Eric Allen
Current Estimated Value
$976,138

Purchase Details

Closed on
Apr 16, 2020
Sold by
Mika Eric Allen and Buyan Tserenjargal
Bought by
Buyan Tserenjargal

Purchase Details

Listed on
Oct 3, 2018
Closed on
Oct 17, 2018
Sold by
Vasil Timothy and Trigg Christopher
Bought by
Mika Eric Allen and Buyan Tserenjargal
Seller's Agent
Laura Silver
Realty Source Incorporated
Buyer's Agent
Johannes Steinbeck
Estate Properties
List Price
$1,149,000
Sold Price
$1,100,000
Premium/Discount to List
-$49,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.65%
Original Mortgage
$679,650
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 19, 2017
Closed on
Jul 31, 2017
Sold by
Jones Ryan N and The Ryan N Jones Trust
Bought by
Vasil Timothy and Trigg Christopher
Seller's Agent
Tracy Do
Coldwell Banker Realty
Buyer's Agent
Laura Silver
Realty Source Incorporated
List Price
$995,000
Sold Price
$1,040,700
Premium/Discount to List
$45,700
4.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.53%
Original Mortgage
$745,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2013
Sold by
Jones Ryan N
Bought by
Jones Ryan N and Ryan N Jones Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
3.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2008
Sold by
Jones Ryan
Bought by
Jones Ryan N and Ryan N Jones Trust

Purchase Details

Closed on
May 5, 2008
Sold by
Jones Robert
Bought by
Jones Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2006
Sold by
Jones Olga
Bought by
Jones Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,000
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2006
Sold by
Santee Court Phase Iii Condo Lp
Bought by
Jones Robert and Jones Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,000
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mika Eric Allen -- Pacific Coast Title
Buyan Tserenjargal -- Accommodation
Mika Eric Allen $1,100,000 Property Id Title Company
Vasil Timothy $1,041,000 Ortc
Jones Ryan N -- None Available
Jones Ryan N -- None Available
Jones Ryan N -- None Available
Jones Ryan -- Fidelity National Title Co
Jones Robert -- Stewart Title
Jones Robert $854,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mika Eric Allen $679,650
Previous Owner Vasil Timothy $745,000
Previous Owner Jones Ryan N $264,000
Previous Owner Jones Ryan $336,000
Previous Owner Jones Robert $354,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/26/2018 11/26/18 Sold $1,100,000 -4.3% $786 / Sq Ft
10/03/2018 10/03/18 For Sale $1,149,000 +10.4% $821 / Sq Ft
08/28/2017 08/28/17 Sold $1,040,700 +4.6% $743 / Sq Ft View Prior Sale
07/26/2017 07/26/17 Pending -- -- --
07/19/2017 07/19/17 For Sale $995,000 -- $711 / 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 $2,736 $202,000 $40,400 $161,600
2024 $2,736 $202,000 $40,400 $161,600
2023 $2,726 $202,000 $40,400 $161,600
2022 $2,646 $202,000 $40,400 $161,600
2021 $2,627 $200,000 $40,000 $160,000
2020 $2,490 $192,000 $38,400 $153,600
2019 $2,524 $1,100,000 $220,000 $880,000
2018 $2,791 $211,000 $42,200 $168,800
2016 $2,030 $158,000 $31,600 $126,400
2015 $2,742 $158,000 $31,600 $126,400
2014 $2,661 $158,000 $31,600 $126,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-392826

The MLS

APN: 5145-003-083