NOT LISTED FOR SALE

Textile Building Lofts 315 E 8th St Unit 702 Los Angeles, CA 90014

Downtown LA Neighborhood

Estimated Value: $540,000 - $762,000

2 Beds
1 Bath
1,010 Sq Ft
6,970 Sq Ft Lot

Last Sold July 29, 2014

Last sale price $532,000 $527 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,543/month

49 Days on Market

Highlights

  • In Ground Pool
  • Card or Code Access
  • Controlled Entrance
  • City View
  • Central Heating
  • Concrete Flooring

About This Home

As of July 2014

1010 sf Down Town historical loft, under mills act (very low property tax) secure building need code for entrance and elevator HOA include extra storage in basement, Roof top pool and GYM, Great city light view, original over sized industrial windows with tremendous light, top of line appliances. Short Walk to the Metro and LA Live

Last Agent to Sell the Property

Mandy Riwa

Forward Real Estate License #01883088 Listed on: 05/09/2014

Last Buyer's Agent

Yuri Huxley

Coldwell Banker Realty License #01917264

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,267

Year Built

  • Built in 1925

Lot Details

  • 6,970

Interior Spaces

  • 1,010 Sq Ft Home
  • Concrete Flooring
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Covered Space
  • Controlled Entrance

Additional Features

  • In Ground Pool
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 5145-003-054

Community Details

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • 69 Units
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,267

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Street Number Display: Yes
  • Complex Name: Textile Building HOA
  • Entry Floor: 12
  • Living Area: 1010
  • Planned Urban Dev: 0
  • Unit Floor In Building: 12
  • Year Built: 1925
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Stained Concrete
  • 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
  • Price Per S Q F T: 554.46

Exterior Features

  • Tennis Court Y/N: No
  • Pool: Yes
  • View: City
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Controlled Entrance

Utilities

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

Association/Amenities

  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fees: 515.00

Lot Info

  • Assessor Parcel Number: 5145-003-054
  • 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
May 9, 2014
Closed on
Jun 18, 2014
Sold by
Rinpoche Wangchen and Bhutia Kalsang Tshering
Bought by
Lange Poul and Suzuki Lange Kayoko
Seller's Agent
Mandy Riwa
Forward Real Estate
Buyer's Agent
Yuri Huxley
Coldwell Banker Realty
List Price
$560,000
Sold Price
$532,000
Premium/Discount to List
-$28,000
-5%
Current Estimated Value
$615,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,589
Avg. Annual Appreciation
1.73%
Original Mortgage
$282,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2014
Sold by
Rinpoche Wangohen
Bought by
Rinpoche Wangchen and Bhutia Kalsang Tshering

Purchase Details

Closed on
Nov 21, 2011
Sold by
The Bank Of New York Mellon
Bought by
Rinpoche Wangchen

Purchase Details

Closed on
Aug 18, 2011
Sold by
Kim Charles D
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Mar 20, 2007
Sold by
Kim Charles and Kim Paul Steven
Bought by
Kim Charles and Kim Eun Ja

Purchase Details

Closed on
Dec 11, 2006
Sold by
Santee Court Phase Iii Condo Lp
Bought by
Kim Charles D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
5.5%
Mortgage Type
New Conventional
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
Lange Poul $532,000 Fidelity
Rinpoche Wangchen -- None Available
Rinpoche Wangchen $225,000 Lsi Title Company Inc
The Bank Of New York Mellon $235,778 Orange Coast Title
Kim Charles -- None Available
Kim Charles D $505,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lange Poul $461,000
Closed Lange Poul $282,000
Previous Owner Kim Charles D $404,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2014 07/29/14 Sold $532,000 -5.0% $527 / Sq Ft
06/27/2014 06/27/14 Pending -- -- --
05/09/2014 05/09/14 For Sale $560,000 -- $554 / 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 $2,267 $175,000 $35,000 $140,000
2024 $2,267 $175,000 $35,000 $140,000
2023 $2,258 $175,000 $35,000 $140,000
2022 $2,191 $175,000 $35,000 $140,000
2021 $2,643 $213,000 $42,600 $170,400
2019 $2,413 $172,000 $34,400 $137,600
2018 $2,189 $172,000 $34,400 $137,600
2016 $1,911 $157,000 $31,400 $125,600
2015 $1,909 $149,000 $29,800 $119,200
2014 $1,712 $130,000 $26,000 $104,000
Source: Public Records

Agents Affiliated with this Home

  • Mandy Riwa

    Seller's Agent in 2014

    Mandy Riwa

    Forward Real Estate

    (310) 806-2799

    4 Total Sales

    Mandy Riwa
    Section Image
  • Yuri Huxley

    Buyer's Agent in 2014

    Yuri Huxley

    Coldwell Banker Realty

    (310) 869-2655

    26 in this area

    35 Total Sales

    Yuri Huxley
    Section Image
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About Textile Building Lofts

Map

Source: The MLS

MLS Number: 14-754855

The MLS

APN: 5145-003-054

California Los Angeles County Los Angeles 90014 Downtown LA

315 E 8th St Unit 702, Los Angeles, CA

This home is located at 315 E 8th St Unit 702, Los Angeles, CA 90014 since 09 May 2014 and is currently estimated at $615,589, approximately $609 per square foot. This property was built in 1925. 315 E 8th St Unit 702 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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