NOT LISTED FOR SALE

Textile Building Lofts 315 E 8th St Unit 606 Los Angeles, CA 90014

Downtown LA Neighborhood

Estimated Value: $482,825 - $678,000

-- Bed
1 Bath
890 Sq Ft
$513/mo HOA Fee

Last Sold May 11, 2017

Last sale price $466,000 $524 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,677/month

5 Days on Market

Highlights

  • Golf Course Community
  • Loft
  • Community Barbecue Grill
  • Panoramic View
  • Community Pool
  • Central Air

About This Home

As of May 2017

LOCATED IN HISTORIC TEXTILE BUILDING IN DOWNTOWN LOS ANGELES. GREAT UNIT HAS LOTS OF NATURAL SUNLIGHT. GREAT PANORAMIC SKYLINE VIEWS. SHARED AMENITIES WITH SANTEE VILLAGE WHICH INCLUDES ONE ASSIGNED CAR PARKING SPACE, BASEBALL COURT, GYM, POOL, SPA, BARBECUE AREA, ROOFTOP DRIVING RANGE, DOGGY WALK, AND A DEDICATED STORGAE SPACE. MINUTES AWAY FROM FLOWER MARKET, LA FASHION DISTRICT, PUBLIC TRANSPORTATION, RESTAURANTS AND LA LIVE. MILLS ACT FOR REDUCED PROPERTY TAXES. SHOW AND SELL IT.

Last Agent to Sell the Property

Zack Saab

Coldwell Banker Realty License #01762798 Listed on: 04/06/2017

Coldwell Banker Realty

Last Buyer's Agent

Zack Saab

Coldwell Banker Realty License #01762798 Listed on: 04/06/2017

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,080

Year Built

  • Built in 1925

Lot Details

  • 7,362

HOA Fees

  • $513 Monthly HOA Fees

Home Design

  • Planned Development

Interior Spaces

  • 1 Full Bathroom
  • 890 Sq Ft Home
  • Loft
  • Panoramic Views

Parking

  • Parking Available
  • Assigned Parking

Additional Features

  • Exterior Lighting
  • Two or More Common Walls
  • Central Air

Listing and Financial Details

  • Tax Lot 5387
  • Tax Tract Number 53872
  • Assessor Parcel Number 5145003052

Community Details

Overview

  • Textile Building Association, Phone Number (213) 254-5273

Amenities

  • Community Barbecue Grill
  • Community Storage Space

Recreation

  • Golf Course Community
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,080

Year Built

Built in 1925

Lot Details

0

HOA Fees

$513 per month

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAM2
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5145003052
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 890.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 523.60
  • Room Type: Loft

Exterior Features

  • View: Panoramic
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Golf Course, Storage
  • Association Fee: 513.00
  • Association Fee Frequency: Monthly
  • Association Name: TEXTILE BUILDING
  • Phone: 213-254-5273
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Planned Unit Development
  • Lot Size Sq Ft: 7339.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2260.02
  • Tax Lot: 5387
  • Tax Tract Number: 53872

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2017
Closed on
May 9, 2017
Sold by
Morgan Steve E
Bought by
Steiner Satjit T and Helms Caitlin L
Seller's Agent
Zack Saab
Coldwell Banker Realty
Buyer's Agent
Zack Saab
Coldwell Banker Realty
List Price
$499,000
Sold Price
$466,000
Premium/Discount to List
-$33,000
-6.61%
Current Estimated Value
$570,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,206
Avg. Annual Appreciation
2.38%
Original Mortgage
$418,934
Outstanding Balance
$348,777
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$221,429

Purchase Details

Closed on
Oct 7, 2015
Sold by
Morgan Mikiko
Bought by
Morgan Steve E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2015
Sold by
Morgan Steve E and Rokx Cornelis
Bought by
Morgan Steve E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2011
Sold by
Morgan Steve E
Bought by
Morgan Steve E and Rokx Cornelis

Purchase Details

Closed on
Mar 15, 2011
Sold by
Morgan Mikiko
Bought by
Morgan Steve E

Purchase Details

Closed on
Mar 1, 2011
Sold by
Anderson Shakibria S
Bought by
Morgan Steve E

Purchase Details

Closed on
Apr 18, 2006
Sold by
Santee Court Phase Iii Condo Lp
Bought by
Anderson Shakibria S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,793
Interest Rate
6.5%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Steiner Satjit T $466,000 Fidelity Sherman Oaks
Morgan Steve E -- Act Title
Morgan Steve E -- American Coast Title Company
Morgan Steve E -- Accommodation
Morgan Steve E -- North American Title Company
Morgan Steve E $131,000 North American Title Company
Anderson Shakibria S $466,000 Stewart
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steiner Satjit T $418,934
Previous Owner Morgan Steve E $322,500
Previous Owner Anderson Shakibria S $372,793
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2017 05/11/17 Sold $466,000 -6.6% $524 / Sq Ft
04/11/2017 04/11/17 Pending -- -- --
04/06/2017 04/06/17 For Sale $499,000 -- $561 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $2,080 $154,000 $30,800 $123,200
2024 $2,080 $154,000 $30,800 $123,200
2023 $2,072 $154,000 $30,800 $123,200
2022 $2,010 $154,000 $30,800 $123,200
2021 $3,002 $238,000 $47,600 $190,400
2019 $2,431 $217,000 $43,400 $173,600
2018 $2,795 $217,000 $43,400 $173,600
2016 $1,308 $100,000 $20,000 $80,000
2015 $1,306 $100,000 $20,000 $80,000
2014 $1,717 $100,000 $20,000 $80,000
Source: Public Records

Agents Affiliated with this Home

  • Zack Saab

    Seller's Agent in 2017

    Zack Saab

    Coldwell Banker Realty

    (818) 222-7826

    31 Total Sales

    Zack Saab
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About Textile Building Lofts

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17072562

California Regional Multiple Listing Service (CRMLS)

APN: 5145-003-052

California Los Angeles County Los Angeles 90014 Downtown LA

315 E 8th St Unit 606, Los Angeles, CA

Not Listed for Sale

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