NOT LISTED FOR SALE

Textile Building Lofts 315 E 8th St Unit 805 Los Angeles, CA 90014

Downtown LA Neighborhood

Estimated Value: $396,548 - $496,000

1 Bed
1 Bath
670 Sq Ft
$466/mo HOA Fee

Last Sold March 29, 2013

Last sale price $250,000 $373 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,921/month

4 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • End Unit
  • 24-Hour Security
  • Open Floorplan
  • High Ceiling

About This Home

As of March 2013

A Classic Downtown Live/Work loft in the Historic Textile Building. Very open style Loft living in the heart of LA's downtown fashion District and Flower Market. Kitchen is open and has nice counter space with gas stove/oven. Laundry hookup in unit. The floors are polished concrete. Best part of this loft are the oversized windows, all easily open out, with a 8th floor views that are breath taking. This loft has a lot of storage space both inside the unit and a locked cage for items downstairs.Central air and Heat. This building is Registered as a Historical property and qualifies for the Mils Act that provides property tax savings. You have shared amenities with the Santee Building, including a great gym, rooftop swimming, spas & patios, rooftop basketball, golf driving range, barbecues and much more. There is a food court and market around the corner. You can walk to shops, restaurants. LA Live, Staples Center and USC Campus are minutes away. Public transportation is also close by. Includes one gated and security monitored parking space.

Last Agent to Sell the Property

Joe Melendez

Coldwell Banker Diamond License #01513916 Listed on: 02/14/2013

Coldwell Banker Diamond

Last Buyer's Agent

Corey Chambers

Corey Chambers License #01889449

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,589

Year Built

  • Built in 1925

Lot Details

  • 7,318

HOA Fees

  • $466 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Loft

Interior Spaces

  • 670 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Insulated Doors
  • Storage
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Gas Cooktop

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Gas And Electric Dryer Hookup

Pool

  • Private Pool
  • Spa

Additional Features

  • Accessible Parking
  • Patio
  • End Unit
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 53872
  • Assessor Parcel Number 5145003063

Community Details

Overview

  • 69 Units

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill

Recreation

  • Sport Court
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,589

Year Built

Built in 1925

Lot Details

0

HOA Fees

$466 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: 24 Hour Security
  • View: Yes
  • Property Sub Type: Loft
  • Property Type: Residential
  • Parcel Number: 5145003063
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 670.00
  • Interior Amenities: High Ceilings, Open Floorplan, Storage
  • Common Walls: End Unit
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Insulated Doors
  • Eating Area: Breakfast Nook
  • Levels: One
  • Price Per Square Foot: 373.13
  • Room Type: Loft
  • Spa Features: Association

Exterior Features

  • Patio: Yes
  • Pool Features: Association
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop
  • Electric: 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Dues Paid Monthly, Gym/Ex Room, Outdoor Cooking Area, Pool, Security, Spa/Hot Tub, Sport Court
  • Association Fee: 466.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 7339.00
  • Lot Size Acres: 0.1680

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7339.0000 Square Feet
  • Number Of Units In Community: 69
  • Number Of Units Total: 69

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 53872

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2013
Closed on
Feb 28, 2013
Sold by
Perez Jason M
Bought by
Ciocca Andrea
Seller's Agent
Joe Melendez
Coldwell Banker Diamond
Buyer's Agent
Corey Chambers
Corey Chambers
List Price
$215,000
Sold Price
$250,000
Premium/Discount to List
$35,000
16.28%
Current Estimated Value
$426,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,387
Avg. Annual Appreciation
4.38%
Original Mortgage
$225,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2009
Sold by
Us Bank National Association
Bought by
Perez Jason M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,256
Interest Rate
5.59%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2008
Sold by
Peppin James L
Bought by
Us Bank Na and Lxs 2007-15N

Purchase Details

Closed on
Dec 27, 2006
Sold by
Santee Court Phase Iii Condo Lp
Bought by
Peppin James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,600
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2006
Sold by
Peppin Darla
Bought by
Peppin James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,600
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2004
Sold by
714-910 S Los Angeles Lp
Bought by
Santee Court Phase Iii Condo Lp
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
Ciocca Andrea $250,000 Fidelity National Title
Perez Jason M $175,000 Landsafe Title
Us Bank Na $328,239 None Available
Peppin James L $378,000 Stewart Title
Peppin James L -- Stewart Title Of California
Santee Court Phase Iii Condo Lp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ciocca Andrea $178,600
Closed Ciocca Andrea $230,000
Closed Ciocca Andrea $50,000
Previous Owner Ciocca Andrea $225,000
Previous Owner Perez Jason M $160,256
Previous Owner Peppin James L $380,000
Previous Owner Peppin James L $301,600
Previous Owner Peppin James L $75,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2013 03/29/13 Sold $250,000 +16.3% $373 / Sq Ft
02/18/2013 02/18/13 Pending -- -- --
02/14/2013 02/14/13 For Sale $215,000 -- $321 / 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 $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
2020 $2,126 $163,000 $32,600 $130,400
2019 $2,190 $163,000 $32,600 $130,400
2018 $2,119 $163,000 $32,600 $130,400
2016 $1,009 $76,000 $15,200 $60,800
2015 $1,006 $76,000 $15,200 $60,800
2014 $1,314 $76,000 $15,200 $60,800
Source: Public Records

Agents Affiliated with this Home

  • Joe Melendez

    Seller's Agent in 2013

    Joe Melendez

    Coldwell Banker Diamond

    (562) 640-1466

    38 Total Sales

    Joe Melendez
    Section Image

  • C

    Buyer's Agent in 2013

    Corey Chambers

    Corey Chambers

See All Agents

About Textile Building Lofts

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13024021

California Regional Multiple Listing Service (CRMLS)

APN: 5145-003-063

California Los Angeles County Los Angeles 90014 Downtown LA

315 E 8th St Unit 805, Los Angeles, CA

This home is located at 315 E 8th St Unit 805, Los Angeles, CA 90014 since 14 February 2013 and is currently estimated at $426,387, approximately $636 per square foot. This property was built in 1925. 315 E 8th St Unit 805 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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