NOT LISTED FOR SALE

Estimated Value: $803,164

1 Bed
1 Bath
670 Sq Ft
7,339 Sq Ft Lot Lot

Highlights

  • Roof Top Pool
  • City Lights View
  • Community Basketball Court
  • Fitness Center
  • Loft
  • Outdoor Cooking Area

About This Home

As of October 2017

Discover true urban living in this stunning loft located in the iconic Textile Building in the heart of Downtown L.A.’s Fashion District. This expansive 1,370 sq. ft. live/work loft features two bedrooms, two bathrooms, oversized spa tub, in-unit washer and dryer for everyday convenience. Airy open layout highlighted by high ceilings, oversized industrial windows, sealed concrete floors, exposed brick walls, custom paint, and unique lighting throughout. A custom walk-in closet and a stainless steel kitchen with appliances add comfort and functionality to this stylish space. Enjoy the convenience of private underground parking for two vehicles—a rare luxury in the Fashion District. This loft is part of a complete urban living community offering endless opportunities for shopping, fashion, art, entertainment, fitness, and networking. Building amenities include, controlled access, rooftop pool and spa, rooftop basketball court, fitness center, and a rooftop BBQ area with breathtaking city views. As part of the Mills Act, this property may offer significant property tax savings, making it both a lifestyle and investment opportunity. Experience the perfect blend of historic character, modern comfort, and urban convenience in one of the Fashion District’s most iconic buildings.

Last Agent to Rent the Property

Bobbi Debarge

Compass License #01910998 Listed on: 08/18/2017

Compass

Last Renter's Agent

SUSAN SPANIOL

DYNASTY REAL ESTATE License #01488762

DYNASTY REAL ESTATE

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1925

Lot Details

  • Dog Run

HOA Fees

  • $921 per month

Parking

  • 1 Covered Space

Home Design

  • Entry on the 7th floor

Interior Spaces

  • 670 Sq Ft Home
  • Loft
  • Concrete Flooring
  • City Lights Views

Kitchen

  • Oven or Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Roof Top Pool
  • Roof Top Spa
  • In Ground Pool

Utilities

  • Air Conditioning
  • Forced Air Heating System

Listing and Financial Details

  • Security Deposit $2,200
  • Tenant pays for cable TV, electricity, gas, move in fee, move out fee
  • Rent includes association dues
  • 12 Month Lease Term
  • Assessor Parcel Number 5145-003-057

Community Details

Overview

  • Maintained Community
  • 12-Story Property

Amenities

  • Outdoor Cooking Area
  • Sundeck
  • Community Fire Pit
  • Community Barbecue Grill
  • Trash Chute
  • Elevator

Recreation

  • Community Basketball Court
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Controlled Access

Condo Details

Home Type

Condominium

Year Built

Built in 1925

Lot Details

7,339 Sq Ft Lot

HOA Fees

$921 per month

Rental Info

  • Rent Includes: Association Dues
  • Security Deposit: 2200
  • Tenant Pays: Cable TV, Electricity, Gas, Move In Fee, Move Out Fee

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Complex Name: Concept Seven, LLC
  • Entry Floor: 7
  • Lease Terms: 1+Year
  • Living Area: 670
  • Planned Urban Dev: 0
  • Stories: 12
  • Year Built: 1925
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Stained Concrete
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Equipment: Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 3.13

Exterior Features

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

Garage/Parking

  • Covered Parking: 1

Utilities

  • Cooling: Air Conditioning
  • Heating: Forced Air

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Basketball Court, Controlled Access, Elevator, Exercise Room, Fire Pit, Fitness Center, Hot Water, Outdoor Cooking Area, Pool, Spa, Sun Deck
  • Pet Rules: Assoc Pet Rules, Call

Condo/Co-op/Association

  • High Rise: Dog Run, Mid-Rise Building, Rooftop Spa, Rooftop Swimming Pool, Sun Deck, Trash Chute

Lot Info

  • Assessor Parcel Number: 5145-003-057
  • Geocode Override: No
  • Lot Size Area: 7339

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2012
Sold by
Bekele Azeb B and Tshering Passang
Bought by
Wells Clarinda Irene
Current Estimated Value
$803,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Outstanding Balance
$9,383
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2006
Sold by
Santee Court Phase Iii Condo Lp
Bought by
Tshering Passang and Bekele Azeb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,900
Interest Rate
6.55%
Mortgage Type
Stand Alone Second
Source: Public Records
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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
Wells Clarinda Irene $145,001 Equity Title
Tshering Passang $369,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Clarinda Irene $130,500
Previous Owner Tshering Passang $36,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2026 04/24/26 Price Changed $724,900 -90.0% $529 / Sq Ft
04/24/2026 04/24/26 Price Changed $7,249,900 +879.8% $5,292 / Sq Ft
02/02/2026 02/02/26 Price Changed $739,900 -2.6% $540 / Sq Ft
01/20/2026 01/20/26 Price Changed $759,900 -3.7% $555 / Sq Ft
12/06/2025 12/06/25 For Sale $789,000 0.0% $576 / Sq Ft
10/15/2017 10/15/17 Rented $2,100 0.0% --
09/25/2017 09/25/17 Under Contract -- -- --
09/15/2017 09/15/17 Price Changed $2,100 -4.5% $3 / Sq Ft
09/08/2017 09/08/17 Price Changed $2,200 -4.1% $3 / Sq Ft
08/31/2017 08/31/17 Price Changed $2,295 +2.0% $3 / Sq Ft
08/18/2017 08/18/17 For Rent $2,250 -- --
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 $2,070 $168,252 $33,649 $134,603
2020 $1,934 $154,000 $30,800 $123,200
2019 $2,005 $154,000 $30,800 $123,200
2018 $1,928 $154,000 $30,800 $123,200
2016 $925 $76,000 $15,200 $60,800
2015 $1,257 $76,000 $15,200 $60,800
2014 $1,229 $76,000 $15,200 $60,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-262614

The MLS

APN: 5145-003-057

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