NOT LISTED FOR SALE

Textile Building Lofts 315 E 8th St Unit 605 Los Angeles, CA 90014

Downtown LA Neighborhood

Estimated Value: $392,206 - $596,000

1 Bed
1 Bath
670 Sq Ft
6,970 Sq Ft Lot

Last Sold February 20, 2015

Last sale price $385,000 $575 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,605/month

22 Days on Market

Highlights

  • Community Boat Dock
  • In Ground Pool
  • Loft
  • Fitness Center
  • City Lights View
  • Community Basketball Court

About This Home

As of February 2015

Rare East-Facing Loft in the Textile Building in Santee Village, with Views of the Fashion District and Beyond. High Ceilings, Open Floor Plan, and the Original Industrial Casing Windows. Newly Refinished Concrete Floors, New Stainless Fridge and Gas Range, Freshly Painted, New Blackout Shades. Spacious Bathroom with Washer/Dryer and Over sized Tub. Historic Building (1925) with Reduced Property Taxes through the Mills Act. Low HOAs ($468/mo) with tons of Amenities, including Dedicated Parking Space under Santee Court and Dedicated Storage Unit In Textile Bldg Basement. Listed in the National Register of Historic Places, the Textile Building is a 12-story, 69-unit Gothic Revival Landmark overlooking the Fashion District. As part of the Urban Community of Santee Village, Amenities include Rooftop Pool, Spa, Fitness Center, and Gourmet Market. Blocks to the best Restaurants, Nightlife, and Shopping in Downtown; Short Walk to the Metro, LA Live, and the future Whole Foods.

Last Agent to Sell the Property

Roxanna Godinez

DPP License #01137955 Listed on: 01/06/2015

DPP

Last Buyer's Agent

Corey Chambers

Corey Chambers License #01889449

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1925

Lot Details

  • 6,970

Home Design

  • Entry on the 6th floor

Interior Spaces

  • 670 Sq Ft Home
  • Loft
  • City Lights Views

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Covered Space
  • Assigned Parking

Pool

  • In Ground Pool

Utilities

  • Air Conditioning
  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5145-003-051

Community Details

Overview

  • 69 Units
  • High-Rise Condominium
  • Maintained Community

Amenities

  • Community Fire Pit
  • Community Barbecue Grill
  • Elevator
  • Community Storage Space

Recreation

  • Community Boat Dock
  • Community Basketball Court
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Year Built

Built in 1925

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: Textile Lofts
  • Entry Floor: 6
  • Living Area: 670
  • Planned Urban Dev: 0
  • Year Built: 1925
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Cement, Tile
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Equipment: Cable, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 595.52

Exterior Features

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

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned

Utilities

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

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Basketball Court, Controlled Access, Dock, Elevator, Extra Storage, Fire Pit, Fitness Center, Pool
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 467.00

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5145-003-051
  • Geocode Override: No
  • Lot Size Area: 7339

Multi Family

  • Number Of Units: 69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2015
Closed on
Jan 29, 2015
Sold by
Hill Ben
Bought by
Frey Michael S
Seller's Agent
Roxanna Godinez
DPP
Buyer's Agent
Corey Chambers
Corey Chambers
List Price
$399,000
Sold Price
$385,000
Premium/Discount to List
-$14,000
-3.51%
Current Estimated Value
$470,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,052
Avg. Annual Appreciation
1.82%
Original Mortgage
$365,750
Outstanding Balance
$278,275
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$191,777

Purchase Details

Listed on
Jul 23, 2014
Closed on
Aug 4, 2014
Sold by
Li Cui
Bought by
Hill Ben
Seller's Agent
Kendrick Kim
Kendrick Kim, Broker
Buyer's Agent
Kendrick Kim
Kendrick Kim, Broker
List Price
$378,000
Sold Price
$300,000
Premium/Discount to List
-$78,000
-20.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.72%

Purchase Details

Closed on
Oct 28, 2011
Sold by
Kim Nicholas S
Bought by
Li Cui

Purchase Details

Closed on
Apr 20, 2011
Sold by
Tran Son David Hoanh
Bought by
Bac Home Loan Servicing Lp and Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Jan 18, 2006
Sold by
Santee Court Phase Iii Condo Lp
Bought by
Tran Son David Hoanh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,192
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2001
Sold by
Bank Of America N A
Bought by
Li Cui
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Frey Michael S $385,000 Chicago Title
Hill Ben $300,000 Chicago Title Company
Li Cui -- Landsafe Title
Bac Home Loan Servicing Lp $139,050 None Available
Tran Son David Hoanh $364,000 Stewart Title
Li Cui $130,000 Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frey Michael S $365,750
Previous Owner Tran Son David Hoanh $291,192
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/20/2015 02/20/15 Sold $385,000 -3.5% $575 / Sq Ft
01/06/2015 01/06/15 For Sale $399,000 +33.0% $596 / Sq Ft
08/08/2014 08/08/14 Sold $300,000 -13.0% $448 / Sq Ft View Prior Sale
08/03/2014 08/03/14 Pending -- -- --
07/24/2014 07/24/14 Price Changed $345,000 -8.7% $515 / Sq Ft
07/23/2014 07/23/14 For Sale $378,000 0.0% $564 / Sq Ft
07/21/2014 07/21/14 Price Changed $378,000 0.0% $564 / Sq Ft
06/16/2014 06/16/14 Pending -- -- --
05/07/2014 05/07/14 Price Changed $378,000 +4.3% $564 / Sq Ft
04/29/2014 04/29/14 Price Changed $362,500 -3.3% $541 / Sq Ft
04/13/2014 04/13/14 For Sale $375,000 -- $560 / Sq Ft
Source: The MLS

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 $2,190 $163,000 $32,600 $130,400
2018 $2,119 $163,000 $32,600 $130,400
2016 $1,342 $104,000 $20,800 $83,200
2015 $1,281 $99,000 $19,800 $79,200
2014 $1,314 $86,000 $17,200 $68,800
Source: Public Records

Agents Affiliated with this Home

  • Roxanna Godinez

    Seller's Agent in 2015

    Roxanna Godinez

    DPP

    (213) 706-9016

    13 in this area

    22 Total Sales

    Roxanna Godinez
    Section Image

  • C

    Buyer's Agent in 2015

    Corey Chambers

    Corey Chambers

    Section Image
  • Kendrick Kim

    Seller's Agent in 2014

    Kendrick Kim

    Kendrick Kim, Broker

    (714) 402-7363

    Kendrick Kim
    Section Image

  • j

    Buyer Co-Listing Agent in 2014

    joanna kim

    Evergreen Real Estate Group

    Section Image
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About Textile Building Lofts

Map

Source: The MLS

MLS Number: 15-819381

The MLS

APN: 5145-003-051

California Los Angeles County Los Angeles 90014 Downtown LA

315 E 8th St Unit 605, Los Angeles, CA

Not Listed for Sale

Condos

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