NOT LISTED FOR SALE

500 Molino St Unit 108 Los Angeles, CA 90013

Downtown LA Neighborhood

Estimated Value: $1,376,000 - $1,813,836

1 Bed
2 Baths
2,630 Sq Ft
$504/mo HOA Fee

Last Sold September 18, 2018

Last sale price $1,515,000 $576 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $10,630/month

96 Days on Market

Highlights

  • Fitness Center
  • Heated In Ground Pool
  • 83,042 Sq Ft lot
  • Felicitas and Gonzalo Mendez High Rated A-
  • Automatic Gate
  • 2-minute walk to Arts District Dog Park

About This Home

As of September 2018

Newly redone 2630 square ft. + private patio authentic live/work loft in the heart of the Art's District. The unique open floor plan features hardwood floors, century-old wood rafters, posts and beams, exposed brick walls, a state-of-the-art kitchen with stainless steel appliances, center island and walk-in pantry with endless storage. Generous and bright living area with bar opens to a private patio and an office/guest room. Separate master suite with walk-in closet and chic bath with reclaimed wood cabinets and expansive tiled shower + second bedroom and bath. Amenities include rooftop pool, BBQ area, sun terrace, gym, on-site property management. Central to all Fwys. Near USC; walk to SciArc, Urth Caffe, Hauser Wirth, Bavel, Bestia, Little Tokyo restaurants & markets, Zinc Cafe, local dog park, Grow Mkt., Goldline, DASH bus, upcoming At Mateo mall.

Last Agent to Sell the Property

Jennifer Levine

The Beverly Hills Estates License #01483070 Listed on: 06/01/2018

The Beverly Hills Estates

Last Buyer's Agent

Jonah Wilson

Carolwood Estates License #01078809

Carolwood Estates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,472

Year Built

  • Built in 1923

Lot Details

  • 1.91

HOA Fees

  • $504 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,630 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Area
  • Wood Flooring
  • Property Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • Automatic Gate
  • On-Street Parking

Outdoor Features

  • Heated In Ground Pool
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5163-019-019

Community Details

Overview

  • 91 Units
  • Low-Rise Condominium
  • Maintained Community

Amenities

  • Sundeck
  • Community Barbecue Grill
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,472

Year Built

Built in 1923

Lot Details

0

HOA Fees

$504 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Low Rise
  • Street Number Display: Yes
  • Complex Name: Molno Street Lofts
  • Entry Floor: 1
  • Living Area: 2630
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 1923
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Bedrooms: 1
  • Full Bathroom: 2
  • 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: 2.00
  • Den: 0
  • Equipment: Cable, Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 644.49

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Association Pool, Heated
  • Pool: Yes
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Above Street Level, Assigned, Auto Driveway Gate, Community Garage, Gated

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Fire and Smoke Detection System, Fire Sprinklers

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Controlled Access, Elevator, Fitness Center, Gated Parking, Pool, Sun Deck
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 503.94
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5163-019-019
  • Geocode Override: No
  • Lot Size Area: 83042

Multi Family

  • Number Of Units: 91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2018
Closed on
Sep 4, 2018
Sold by
Rodriguez Steves and Rodriguez Cynthia
Bought by
Tessler Craig and The Third Act Trust
Seller's Agent
Jennifer Levine
The Beverly Hills Estates
Buyer's Agent
Jonah Wilson
Carolwood Estates
List Price
$1,695,000
Sold Price
$1,515,000
Premium/Discount to List
-$180,000
-10.62%
Current Estimated Value
$1,594,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,459
Avg. Annual Appreciation
2.78%
Original Mortgage
$750,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 15, 2006
Sold by
Molino Street Lofts Llc
Bought by
Rodriguez Steves

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Tessler Craig $1,515,000 First American Title Company
Rodriguez Steves $750,000 Landamerica
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Third Act Trust $852,000
Closed Tessler Craig $750,000
Previous Owner Rodriguez Steves $514,500
Previous Owner Rodriguez Steves $692,000
Previous Owner Rodriguez Steves $86,500
Previous Owner Rodriguez Steves $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2018 09/18/18 Sold $1,515,000 -10.6% $576 / Sq Ft
09/05/2018 09/05/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $1,695,000 -- $644 / 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 $20,472 $1,690,006 $853,369 $836,637
2024 $20,472 $1,656,870 $836,637 $820,233
2023 $20,067 $1,624,383 $820,233 $804,150
2022 $19,127 $1,592,533 $804,150 $788,383
2021 $18,893 $1,561,308 $788,383 $772,925
2019 $18,328 $1,515,000 $765,000 $750,000
2018 $11,290 $900,776 $269,029 $631,747
2016 $10,818 $865,799 $258,583 $607,216
2015 $10,664 $852,795 $254,699 $598,096
2014 $10,688 $836,091 $249,710 $586,381
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Levine

    Seller's Agent in 2018

    Jennifer Levine

    The Beverly Hills Estates

    (310) 200-5366

    15 Total Sales

    Jennifer Levine
    Section Image

  • J

    Buyer's Agent in 2018

    Jonah Wilson

    Carolwood Estates

    (310) 623-3616

    47 Total Sales

    Jonah Wilson
    Section Image
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Map

Source: The MLS

MLS Number: 18-346114

The MLS

APN: 5163-019-019

California Los Angeles County Los Angeles 90013 Downtown LA

500 Molino St Unit 108, Los Angeles, CA

This home is located at 500 Molino St Unit 108, Los Angeles, CA 90013 since 01 June 2018 and is currently estimated at $1,594,459, approximately $606 per square foot. This property was built in 1923. 500 Molino St Unit 108 is a home located in Los Angeles County with nearby schools including Para Los Niños Charter Middle School, Hollenbeck Middle School, and Felicitas and Gonzalo Mendez High.

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