NOT LISTED FOR SALE

500 Molino St Unit 113 Los Angeles, CA 90013

Downtown LA Neighborhood

Estimated Value: $975,000 - $1,186,099

2 Beds
1 Bath
1,887 Sq Ft
$562/Sq Ft Est. Value

About This Home

As of July 2019

Huge, bi-level 1,800+ sq ft unit in The Molino Street Lofts building in Downtown LA's Arts District. Open space with a wall of windows opening up to a private outdoor patio. Modern amenities include a full kitchen, modern bathroom, central air/heat and washer/dryer in unit - Unit 113 has a true raw loft feel with exposed brick walls, concrete floors, exposed piping and high ceilings. The building has a rooftop pool and lounge, sun terrace, fitness room, secured entrance and gated on-site parking. Walk to the many restaurants/bars of Little Tokyo and the Arts district.

Last Agent to Rent the Property

Gil Saraf

Compass License #01335931 Listed on: 04/20/2019

Co-Listed By

Mark Priceman

Compass License #01294182

Last Renter's Agent

Mark Priceman

Compass License #01294182

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,426

Year Built

  • 1923

Lot Details

  • 1.9

Listing and Financial Details

  • Tenant pays for electricity, gas, move in fee, move out fee

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,426

Year Built

1923

Lot Details

0

Rental Info

  • Lease Terms: 1+Year
  • Security Deposit: 3950
  • Tenant Pays: Electricity, Gas, Move In Fee, Move Out Fee

Listing Details

  • Property Type: Residential Lease
  • Property Style: Architectural
  • Single Family Or Apt: Condo/Apt
  • Building Type: Condominium
  • Year Built: 1923
  • Price Per Sq Ft: 2.09
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment: Dishwasher, Freezer, Garbage Disposal, Range/Oven
  • Flooring: Cement
  • Bedrooms: 2
  • Full Bathroom: 1
  • Total Bathrooms: 1.00
  • Laundry: In Unit
  • Living Area: 1887

Exterior Features

  • Pool: Community
  • Pool: Yes
  • Stories: 3

Garage/Parking

  • Garage Details: Assigned
  • Total Parking: 1
  • Covered Parking: 1

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • Complex Name: Molino Street Lofts
  • Amenities: Assoc Barbecue, Controlled Access, Elevator, Exercise Room, Gated Parking, Pool, Sun Deck

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Zoning: LAM3
  • Assessor Parcel Number: 5163-019-024
  • Lot Size Area: 83042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2021
Sold by
Wolk Roger S and Wolk Marilyn S
Bought by
Degroot Curtis Glen and Degroot Laura Lee
Current Estimated Value
$1,059,775

Purchase Details

Closed on
May 9, 2013
Sold by
Wolk Roger S
Bought by
Wolk Roger S and Wolk Marilyn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2006
Sold by
Molino Street Lofts Llc
Bought by
Wolk Roger S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Degroot Curtis Glen $940,000 Fidelity National Title Co
Wolk Roger S -- None Available
Wolk Roger S $575,000 Landamerica
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wolk Roger S $412,500
Previous Owner Wolk Roger S $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2019 07/30/19 Rented $3,950 0.0% --
06/03/2019 06/03/19 Price Changed $3,950 -6.0% $2 / Sq Ft
05/31/2019 05/31/19 For Rent $4,200 0.0% --
05/23/2019 05/23/19 Under Contract -- -- --
05/23/2019 05/23/19 For Rent $4,200 0.0% --
05/13/2019 05/13/19 Off Market $4,200 -- --
05/12/2019 05/12/19 For Rent $4,200 0.0% --
05/02/2019 05/02/19 Off Market $4,200 -- --
04/20/2019 04/20/19 For Rent $4,200 +6.3% --
03/29/2018 03/29/18 Rented $3,950 0.0% --
03/29/2018 03/29/18 Under Contract -- -- --
03/08/2018 03/08/18 For Rent $3,950 +2.6% --
04/20/2016 04/20/16 Rented $3,850 0.0% --
02/06/2016 02/06/16 Under Contract -- -- --
01/30/2016 01/30/16 For Rent $3,850 -- --
Source: California Desert Association of REALTORS®

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 $12,426 $1,017,485 $432,972 $584,513
2024 $12,426 $997,535 $424,483 $573,052
2023 $12,181 $977,976 $416,160 $561,816
2022 $11,609 $958,800 $408,000 $550,800
2021 $8,950 $725,931 $276,482 $449,449
2020 $9,037 $718,489 $273,648 $444,841
2019 $8,685 $704,402 $268,283 $436,119
2018 $8,653 $690,591 $263,023 $427,568
2016 $8,290 $663,776 $252,810 $410,966
2015 $8,172 $653,806 $249,013 $404,793
2014 $8,192 $641,000 $244,136 $396,864
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Co-Listing Agent in 2019

    Mark Priceman

    Compass

  • G

    Landlord's Agent in 2018

    Gil Saraf

    Compass

  • S

    Buyer's Agent in 2016

    Sufian Kassam

    Loftway

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Map

Source: California Desert Association of REALTORS®

MLS Number: 19-460778

California Desert Association of REALTORS®

APN: 5163-019-024

California Los Angeles County Los Angeles 90013 Downtown LA

500 Molino St Unit 113, Los Angeles, CA

This home is located at 500 Molino St Unit 113, Los Angeles, CA 90013 since 20 April 2019 and is currently priced at $1,059,775. This property was built in 1923. 500 Molino St Unit 113 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.

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 Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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