$535,000
SOLD MAY 7, 2025
2 Beds
1 Bath
1,010 Sq Ft
$807/mo HOA Fee

Recently Sold

$530 Per Sq Ft

14% Below List Price

153 Days on Market

Highlights

  • Fitness Center
  • City View
  • Loft
  • In Ground Pool
  • Sauna
  • Community Basketball Court

About This Home

As of May 2025

Welcome to a historic and architectural corner loft. With only 1 shared wall, the airy and sunbathed New York-style loft boasts an open floor plan with a separate bedroom area. The loft features 6 original steel-framed arched casement windows, tall gallery walls and cement floors. The kitchen is modern and spacious. A large bathroom with a soaking tub and washer/dryer combo. Bonus! A custom built closet that runs full length for plenty of storage space. As part of the unique urban community of Santee Village, amenities to complement your lifestyle, whether you wish to unwind or entertain, include the following: Sun decks, BBQ grills, gym, rooftop basketball court, small driving range, community pool and spa - with 360 degree views of Los Angeles.Listed on the National Register of Historic Places, the Textile Building is a boutique, 12-story, 69-unit Gothic Revival Landmark overlooking the Fashion District in Downtown L.A. Listed under the Mills Act - earning homeowners generous savings on property taxes. The Mills Act automatically transfers to the new homeowner. Rare! A dedicated parking space within the complex PLUS a storage unit in the basement included. Located in the Flower District, in the heart of Downtown Los Angeles. Within walking distance to award winning restaurants, museums and coffee shops. Across the street from the Netflix featured Sonoratown. A stone's throw away to the Metro Station, Whole Foods, L.A. Live, Crytpo Arena and freeways. Truly, a unique urban dwelling experience.

Last Agent to Sell the Property

Alma Lam

eXp Realty of California Inc License #01926963 Listed on: 11/08/2024

eXp Realty of California Inc

Last Buyer's Agent

Chana Firestone

Compass License #01939330

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,350

Year Built

  • Built in 1925

HOA Fees

  • $807 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,010 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Loft

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Utilities

  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 5145-003-030

Community Details

Overview

  • 69 Units
  • High-Rise Condominium

Amenities

  • Sundeck
  • Sauna

Recreation

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

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,350

Year Built

Built in 1925

Lot Details

0

HOA Fees

$807 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: The Textile Building
  • Entry Floor: 3
  • Living Area: 1010
  • Lot Acreage: 0.1685
  • Planned Urban Dev: 0
  • Probate: No
  • Unit Floor In Building: 3
  • Year Built: 1925
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Bedrooms: 2
  • 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, Garbage Disposal, Washer, Dryer
  • Price Per S Q F T: 544.55

Exterior Features

  • Pool Description: Community
  • Pool: Yes
  • Spa: Community
  • Spa Yn: Yes
  • View: City
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Garage, Subterranean
  • Total Parking: 1

Utilities

  • Cooling: Electric, Air Conditioning
  • Heating: Electric
  • Security: Card/Code Access

Association/Amenities

  • Amenities: Assoc Pet Rules, Basketball Court, Controlled Access, Fitness Center, Exercise Room, Sauna, Pool, Sun Deck
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Monthly
  • HOA Fees: 807.00
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5145-003-030
  • Lot Size Area: 7341

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2024
Closed on
Apr 14, 2025
Sold by
Lai Yen and Lai Teresa
Bought by
Malcolm S Wong And June Sm Wong Revocable Liv and Wong
Seller's Agent
Alma Lam
eXp Realty of California Inc
Buyer's Agent
Chana Firestone
Compass
List Price
$625,000
Sold Price
$535,000
Premium/Discount to List
-$90,000
-14.4%
Views
175
Current Estimated Value
$546,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,144
Avg. Annual Appreciation
8.60%

Purchase Details

Closed on
Jan 24, 2006
Sold by
Santee Court Phase Iii Condo Lp
Bought by
Lai Yen and Lai Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.08%
Mortgage Type
Fannie Mae Freddie Mac
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 $535,000 Wfg National Title
Grant Deed $504,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $220,700 No Value Available
Previous Owner $232,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2025 05/07/25 Sold $535,000 -2.7% $530 / Sq Ft
04/10/2025 04/10/25 Pending -- -- --
03/11/2025 03/11/25 Price Changed $550,000 -4.3% $545 / Sq Ft
01/23/2025 01/23/25 Price Changed $575,000 -4.0% $569 / Sq Ft
12/09/2024 12/09/24 Price Changed $599,000 -4.2% $593 / Sq Ft
11/08/2024 11/08/24 For Sale $625,000 0.0% $619 / Sq Ft
06/13/2022 06/13/22 Rented $2,995 0.0% --
06/07/2022 06/07/22 For Rent $2,995 +3.5% --
07/08/2020 07/08/20 Rented $2,895 0.0% --
06/21/2020 06/21/20 For Rent $2,895 0.0% --
07/24/2019 07/24/19 Rented $2,895 +3.6% --
07/08/2019 07/08/19 For Rent $2,795 +16.5% --
07/29/2015 07/29/15 Rented $2,400 0.0% --
07/20/2015 07/20/15 Under Contract -- -- --
07/16/2015 07/16/15 For Rent $2,400 -- --
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 $2,350 $175,000 $35,000 $140,000
2024 $2,350 $175,000 $35,000 $140,000
2023 $2,342 $175,000 $35,000 $140,000
2022 $2,273 $175,000 $35,000 $140,000
2021 $2,725 $213,000 $42,600 $170,400
2019 $2,495 $172,000 $34,400 $137,600
2018 $2,272 $172,000 $34,400 $137,600
2016 $1,482 $114,000 $22,800 $91,200
2015 $1,992 $114,000 $22,800 $91,200
2014 $1,944 $114,000 $22,800 $91,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-461845

The MLS

APN: 5145-003-030