NOT LISTED FOR SALE

Estimated Value: $520,000 - $754,000

2 Beds
1 Bath
890 Sq Ft
$523/mo HOA Fee

Last Sold November 13, 2019

Last sale price $615,000 $691 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,069/month

17 Days on Market

Highlights

  • Roof Top Pool
  • City Lights View
  • Stone Countertops
  • Fitness Center
  • Main Floor Bedroom
  • Sport Court

About This Home

As of November 2019

Stunning DTLA corner loft features 11 foot ceilings, original cement pillars, and huge industrial steel-frame windows that let in abundant natural light and frame amazing city and mountain views. Located in the famed Santee Village Textile Building in the heart of the Fashion District, this converted two bedroom unit is in a designated Mills Act building, which offers significant property tax savings. Gorgeous, open concept kitchen and living room with an oversized island and breakfast bar overlook unmatched views of DTLA. Natural light throughout, finished concrete floors, stainless steel appliances, stone countertops, and ample built-in storage in each bedroom and throughout the unit. There is a large, full bathroom with oversized soaking bathtub as well as a separate, in-unit laundry closet with washer-dryer combo. One underground parking space and separate storage unit in the basement are included. One of the lowest HOA fees in DTLA. Common area amenities include a pool and spa, lounge, basketball courts and driving range-all on the roof! Also included is a 24 hour gym. Blocks from Whole Foods, the Freehand Hotel, Ace Hotel, LA Live, the Staples Center, shopping, restaurants and all manner of public transport.

Last Agent to Sell the Property

Jennifer Wenzlaff

Proper Dwelling License #01893083 Listed on: 09/27/2019

Last Buyer's Agent

Marc Coppock

First Team Real Estate License #01963323

First Team Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,080

Year Built

  • Built in 1925

Lot Details

  • 7,340

HOA Fees

  • $523 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain
  • Pool
  • Neighborhood

Home Design

  • Flat Roof Shape
  • Copper Plumbing

Interior Spaces

  • 890 Sq Ft Home
  • Built-In Features
  • Track Lighting
  • Family Room Off Kitchen
  • Living Room

Kitchen

  • Galley Kitchen
  • Open to Family Room
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Range
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Stone Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • Parking Available
  • Off-Street Parking
  • Assigned Parking

Pool

  • Roof Top Pool
  • Roof Top Spa
  • Fence Around Pool

Utilities

  • High Efficiency Air Conditioning
  • Forced Air Heating and Cooling System
  • Hot Water Heating System

Additional Features

  • Exterior Lighting
  • Two or More Common Walls
  • Urban Location

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 53872
  • Assessor Parcel Number 5145003064

Community Details

Overview

  • 64 Units
  • Textile Building Home Owners Association, Phone Number (310) 622-7012
  • Concept Seven, Llc HOA
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Picnic Area

Recreation

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

Pet Policy

  • Pets Allowed

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,080

Year Built

Built in 1925

Lot Details

0

HOA Fees

$523 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAM2
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5145003064
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 890.00 Square Feet
  • Interior Amenities: Built-in Features, Copper Plumbing Full, Stone Counters, Track Lighting
  • Common Walls: 2+ Common Walls
  • Flooring: Concrete, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 691.01
  • Room Type: Galley Kitchen, Living Room, Main Floor Bedroom
  • Spa Features: Community, Roof Top
  • Bathroom Features: Bathtub, Shower In Tub, Exhaust Fan(s), Soaking Tub
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Self-Closing Drawers, Stone Counters

Exterior Features

  • View: City Lights, Mountain(s), Neighborhood, Pool
  • Fence: No
  • Pool Features: Community, Fenced, Roof Top
  • Pool Private: No
  • Roof: Flat
  • Spa: Yes

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Off Street

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Self Cleaning Oven, Dishwasher, ENERGY STAR Qualified Appliances, Gas Oven, Gas Range
  • Heating Type: Central, Forced Air
  • Laundry Features: Electric Dryer Hookup, In Closet, Stackable, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Outdoor Cooking Area, Picnic Area, Sport Court, Gym/Ex Room, Maintenance Grounds, Trash, Sewer, Water, Pets Permitted, Controlled Access, Hot Water
  • Association Fee: 523.00
  • Association Fee Frequency: Monthly
  • Association Name: Textile Building Home Owners Association
  • Phone: (310) 622-7012
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights, Urban
  • Association Management: Concept Seven, LLC

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 7339.00
  • Lot Size Acres: 0.1685

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7339.0000 Square Feet
  • Number Of Units In Community: 64
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2260.02
  • Tax Lot: 4
  • Tax Tract Number: 53872

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2019
Closed on
Nov 7, 2019
Sold by
Marina Michael and Marina Ivette
Bought by
Newbold Nathon
Seller's Agent
Jennifer Wenzlaff
Proper Dwelling
Buyer's Agent
Marc Coppock
First Team Real Estate
List Price
$599,000
Sold Price
$615,000
Premium/Discount to List
$16,000
2.67%
Current Estimated Value
$619,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,063
Avg. Annual Appreciation
0.11%
Original Mortgage
$492,000
Interest Rate
3.65%

Purchase Details

Closed on
Sep 10, 2019
Sold by
Marina Michael and Marina Jonathan
Bought by
Marina Michael and Marina Ivette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
3.65%

Purchase Details

Closed on
May 27, 2006
Sold by
Santee Court Phase Iii Condo Lp
Bought by
Marina Michael and Marina Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
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
Newbold Nathon $615,000 Equity Title Company
Marina Michael -- None Available
Marina Michael $495,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newbold Nathon $487,100
Closed Newbold Nathon $492,000
Previous Owner Marina Michael $395,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2019 11/13/19 Sold $615,000 +2.7% $691 / Sq Ft
10/14/2019 10/14/19 Pending -- -- --
09/27/2019 09/27/19 For Sale $599,000 -- $673 / 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 $2,349 $217,000 $43,400 $173,600
2018 $2,711 $217,000 $43,400 $173,600
2016 $1,224 $100,000 $20,000 $80,000
2015 $1,675 $100,000 $20,000 $80,000
2014 $1,632 $100,000 $20,000 $80,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF19229543

California Regional Multiple Listing Service (CRMLS)

APN: 5145-003-064