NOT LISTED FOR SALE

500 Molino St Unit 217 Los Angeles, CA 90013

Downtown LA Neighborhood

Estimated Value: $1,449,000 - $1,881,624

3 Beds
1.5 Baths
2,910 Sq Ft
$574/mo HOA Fee

Last Sold May 02, 2017

Last sale price $1,400,000 $481 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $10,633/month

77 Days on Market

Highlights

  • Fitness Center
  • Art Studio
  • Gated Parking
  • Felicitas and Gonzalo Mendez High Rated A-
  • In Ground Pool
  • 2-minute walk to Arts District Dog Park

About This Home

As of May 2017

Spectacular Historic 2 Bedroom/2 Bathroom Split-Level Loft in the heart of the Arts District! High Ceilings. Lots of Windows and Light in this west-facing unit. Dramatic Entry-way transports you to one of the Largest and Architecturally important Lofts in all of Downtown Los Angeles. An immense palate for the discerning Buyer. Brick Wall. Wood Floor throughout. Completely re-done Kitchen and Bathrooms. Modern Kitchen with Luxury Appliances. An expansive Great Room that can be configured many different ways (including adding another Bedroom). Master Bathroom has Double Sinks, Cobble Stone Floor, Separate Shower and Step-up Jetted Bathtub. The Master Bedroom is Separated and boasts its own Private Living Room. The 2nd Bedroom is Separated and has a Huge Closet with an overabundance of Storage Space. Building amenities include Pool, Large Sun Deck, Barbeque and Fitness Center. Close to Urth Cafe, Zinc Cafe, Blue Bottle Coffee, Urban Radish Grocery Store.

Last Agent to Sell the Property

Ted Trentman

Realty Source Incorporated License #01780236 Listed on: 01/01/2017

Co-Listed By

Drew F. Panico

Realty Source Incorporated License #01706351

Last Buyer's Agent

Karen Norris

Canon Business Properties, Inc. License #01323996

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,749

Year Built

  • Built in 1923

Lot Details

  • 1.91

HOA Fees

  • $574 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 2,910 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Living Room
  • Dining Area
  • Home Office
  • Art Studio
  • City Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry closet
  • Dryer

Parking

  • 1 Parking Space
  • Gated Parking
  • On-Street Parking
  • Assigned Parking

Pool

  • In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5163-019-046

Community Details

Overview

  • 200 Units

Amenities

  • Sundeck
  • Community Barbecue Grill
  • Picnic Area
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,749

Year Built

Built in 1923

Lot Details

0

HOA Fees

$574 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Molino Street Lofts
  • Entry Floor: 2
  • Living Area: 2910
  • Planned Urban Dev: 0
  • Stories: 1
  • Unit Floor In Building: 2
  • Year Built: 1923
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Laminate, Mixed, Stone
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet, In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Cable, Dishwasher, Dryer, Electric Dryer Hookup, Elevator, Garbage Disposal, Gas Dryer Hookup, Gas Or Electric Dryer Hookup, Range/Oven, Refrigerator
  • Price Per S Q F T: 479.38

Exterior Features

  • Construction: Brick
  • Tennis Court Y/N: No
  • Pool Description: Association Pool
  • Pool: Yes
  • View: City, Walk Street
  • View: Yes

Garage/Parking

  • Parking Garage: Above Street Level, Assigned, Gated
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Pet Rules, Controlled Access, Elevator, Exercise Room, Fitness Center, Gated Parking, Picnic Area, Pool, Sun Deck
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 574.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5163-019-046
  • Geocode Override: No
  • Lot Size Area: 83060

Multi Family

  • Number Of Units: 200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2021
Sold by
Rosen Stanley
Bought by
Rosen Stanley and The Stanley Rosen Living Trust
Current Estimated Value
$1,592,906

Purchase Details

Listed on
Jan 1, 2017
Closed on
Mar 29, 2017
Sold by
Evans Daniel
Bought by
Rosen Stanley
Seller's Agent
Ted Trentman
Realty Source Incorporated
Buyer's Agent
Karen Norris
Canon Business Properties, Inc.
List Price
$1,795,000
Sold Price
$1,400,000
Premium/Discount to List
-$395,000
-22.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.17%
Original Mortgage
$424,000
Outstanding Balance
$352,994
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$1,619,830

Purchase Details

Listed on
Dec 15, 2011
Closed on
Mar 9, 2012
Sold by
Us Bank Na
Bought by
Evans Daniel and Evans Donna
Seller's Agent
David Robles
Real Broker
Buyer's Agent
Ted Trentman
Realty Source Incorporated
List Price
$599,900
Sold Price
$496,250
Premium/Discount to List
-$103,650
-17.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.05%
Original Mortgage
$250,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2011
Sold by
Proch Nathan C and Chang Margaret H
Bought by
U S Bank National Association

Purchase Details

Closed on
Jan 15, 2006
Sold by
Molino Street Lofts Llc
Bought by
Proch Nathan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.5%
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
Rosen Stanley -- None Available
Rosen Stanley $1,400,000 Fatcola
Evans Daniel $496,500 Landsafe Title Company
U S Bank National Association $598,500 Landsafe Default Inc
Proch Nathan C $855,000 Landamerica
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosen Stanley $424,000
Previous Owner Evans Daniel $300,000
Previous Owner Evans Daniel $250,000
Previous Owner Chang Margaret $45,000
Previous Owner Chang Margaret $35,000
Previous Owner Proch Nathan C $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2017 05/02/17 Sold $1,400,000 +0.4% $481 / Sq Ft
03/18/2017 03/18/17 Price Changed $1,395,000 -6.7% $479 / Sq Ft
02/26/2017 02/26/17 Price Changed $1,495,000 -6.0% $514 / Sq Ft
02/16/2017 02/16/17 Price Changed $1,590,000 -5.9% $546 / Sq Ft
01/29/2017 01/29/17 Price Changed $1,690,000 -0.3% $581 / Sq Ft
01/15/2017 01/15/17 Price Changed $1,695,000 -5.6% $582 / Sq Ft
01/01/2017 01/01/17 For Sale $1,795,000 +261.7% $617 / Sq Ft
05/02/2012 05/02/12 Sold $496,250 +0.3% $171 / Sq Ft
01/30/2012 01/30/12 Price Changed $495,000 -14.5% $170 / Sq Ft
01/05/2012 01/05/12 Price Changed $578,900 -3.5% $199 / Sq Ft
12/15/2011 12/15/11 For Sale $599,900 -- $206 / 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 $19,749 $1,624,815 $487,443 $1,137,372
2024 $19,749 $1,592,957 $477,886 $1,115,071
2023 $19,359 $1,561,723 $468,516 $1,093,207
2022 $18,453 $1,531,102 $459,330 $1,071,772
2021 $18,225 $1,501,081 $450,324 $1,050,757
2020 $18,409 $1,485,690 $445,707 $1,039,983
2019 $17,682 $1,456,560 $436,968 $1,019,592
2018 $17,636 $1,428,000 $428,400 $999,600
2016 $6,730 $526,538 $368,179 $158,359
2015 $6,637 $518,630 $362,649 $155,981
2014 $6,648 $508,472 $355,546 $152,926
Source: Public Records

Agents Affiliated with this Home

  • Ted Trentman

    Seller's Agent in 2017

    Ted Trentman

    Realty Source Incorporated

    (213) 747-5638

    2 in this area

    9 Total Sales

    Ted Trentman
    Section Image
  • Drew F. Panico

    Seller Co-Listing Agent in 2017

    Drew F. Panico

    Realty Source Incorporated

    (323) 841-0381

    2 in this area

    12 Total Sales

    Drew F. Panico
    Section Image
  • Karen Norris

    Buyer's Agent in 2017

    Karen Norris

    Canon Business Properties, Inc.

    (310) 273-3094

    6 Total Sales

    Karen Norris
    Section Image
  • David Robles

    Seller's Agent in 2012

    David Robles

    Real Broker

    (213) 712-4343

    2 in this area

    162 Total Sales

    David Robles
    Section Image
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Map

Source: The MLS

MLS Number: 16-187898

The MLS

APN: 5163-019-046

California Los Angeles County Los Angeles 90013 Downtown LA

500 Molino St Unit 217, Los Angeles, CA

This home is located at 500 Molino St Unit 217, Los Angeles, CA 90013 since 01 January 2017 and is currently estimated at $1,592,906, approximately $547 per square foot. This property was built in 1923. 500 Molino St Unit 217 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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