NOT LISTED FOR SALE

Estimated Value: $466,712 - $568,000

1 Bed
1 Bath
770 Sq Ft
10,332 Sq Ft Lot

Highlights

  • Concierge
  • Wood Flooring
  • Elevator
  • 24-Hour Security
  • Loft
  • 2-minute walk to Spring Street Park

About This Home

As of February 2023

Stylish hard loft in one of Downtown LA's most iconic historical building, The El Dorado. Once famed as the prominent Hotel Stowell in 1914 has now been transformed into gorgeous industrial condos showcasing exposed concrete pillars, beautiful hardwood floors, and modern updates all around. The kitchen displays custom lacquered Snaidero Italian cabinetry, rich dark granite countertop, and Bosch stainless-steel appliances including a gas range. With a huge open loft layout, enjoy plenty of room for a large dining table or the ultimate work from home office, while the spacious living room offers direct access to a private fire escape, doubled as a personal balcony. Hidden around the corner of the home sits the open bedroom, wide enough for a queen-sized bed set and dual night stands. The bathroom features charming tiled floors, comfortable soaking tub with walls lined with subway tiles, and a granite countertop matching the delectable kitchen. Spread across the home are additional closet spaces along with a stacked in-unit washer and dryer. Included with the home is (1) assigned parking space and a portion of the utilities paid for! Located in the heart of Historic Core, be only moments away from several popular destinations including Grand Central Market, The Last Bookstore, multiple Farmer's Markets, Pershing Square, and all the major events and shops along Spring Street.

Last Agent to Rent the Property

Jonathan Yuen

Coldwell Banker Exclusive License #01952091 Listed on: 10/28/2022

Coldwell Banker Exclusive

Last Renter's Agent

Jonathan Yuen

Coldwell Banker Exclusive License #01952091 Listed on: 10/28/2022

Coldwell Banker Exclusive

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,268

Year Built

  • Built in 1914

Lot Details

  • South Facing Home

Interior Spaces

  • 770 Sq Ft Home
  • Built-In Features
  • Living Room
  • Loft
  • Property Views

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Studio bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Off-Site Parking

Utilities

  • Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $2,500
  • Tenant pays for electricity, insurance, move in fee, move out fee, cable TV
  • 12 Month Lease Term
  • Assessor Parcel Number 5149-038-007

Community Details

Overview

  • 65 Units
  • Maintained Community
  • 12-Story Property

Amenities

  • Concierge
  • Elevator
  • Community Storage Space

Security

  • 24-Hour Security
  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,268

Year Built

Built in 1914

Lot Details

0

Rental Info

  • Credit Report Required: Yes
  • Land Lease Purchase Yn: No
  • Security Deposit: 2500
  • Tenant Pays: Electricity, Insurance, Move In Fee, Move Out Fee, Cable TV

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Lease Terms: 1+Year
  • Living Area: 770
  • Lot Acreage: 0.2372
  • Stories: 12
  • Year Built: 1914
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 1
  • Fireplaces: 0
  • 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 Closet, In Unit, Inside, Laundry Closet Stacked
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Recirculated Exhaust Fan, Washer, Cable, Network Wire, Stackable W/D Hookup
  • Fireplace: No
  • Price Per S Q F T: 2.99

Exterior Features

  • Direction Faces: South
  • Pool: No
  • Spa Yn: No
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Community Garage, Offsite
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning, Wall Unit(s), Heat Pump(s)
  • Heating: Wall, Heat Pump
  • Security: Card/Code Access, Community, Fire and Smoke Detection System, Fire Sprinklers, Guarded, Smoke Detector

Association/Amenities

  • Amenities: Controlled Access, Assoc Maintains Landscape, Concierge, Extra Storage, Security, Elevator, Hot Water

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5149-038-007

Multi Family

  • Number Of Units: 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2010
Sold by
Msgg El Dorado Realty Partners Llc
Bought by
Chen George C and Chen Lan Ying
Current Estimated Value
$507,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.51%
Mortgage Type
Commercial
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
Chen George C $250,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen George C $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2023 02/05/23 Rented $2,300 0.0% --
01/31/2023 01/31/23 Under Contract -- -- --
01/24/2023 01/24/23 Price Changed $2,300 -4.2% $3 / Sq Ft
12/15/2022 12/15/22 Price Changed $2,400 -4.0% $3 / Sq Ft
10/28/2022 10/28/22 For Rent $2,500 -- --
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 $2,268 $152,000 $30,400 $121,600
2024 $2,268 $152,000 $30,400 $121,600
2023 $2,244 $152,000 $30,400 $121,600
2022 $2,162 $152,000 $30,400 $121,600
2021 $2,154 $152,000 $30,400 $121,600
2019 $2,107 $188,000 $37,600 $150,400
2018 $2,582 $188,000 $37,600 $150,400
2016 $2,057 $150,000 $30,000 $120,000
2015 $2,024 $150,000 $30,000 $120,000
2014 $2,099 $261,280 $104,512 $156,768
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-212557

The MLS

APN: 5149-038-007