NOT LISTED FOR SALE

530 Molino St Unit 210 - 211 Los Angeles, CA 90013

Downtown LA Neighborhood

Estimated Value: $1,122,000 - $1,572,075

1 Bed
1 Bath
3,525 Sq Ft
$1,014/mo HOA Fee

Last Sold July 07, 2022

Last sale price $2,000,000 $567 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $10,214/month

109 Days on Market

Highlights

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

About This Home

As of July 2022

3D Tour: bit.ly/530-Molino-211 Rare and unique live work space in the popular Molino Street Lofts in Downtown LA's Arts District. Originally 2 individual homes now combined into 1 gigantic top floor compound, this gorgeously remodeled condo features a centerpiece kitchen fitted with a high-end Wolf range, Wolf built-in microwave, Sub-Zero refrigerator, and an envious kitchen island with an abundance of storage and counter space to lust over. Enjoy a wall full of panoramic windows drawing in radiant Eastern sunlight highlighting the polished concrete floors throughout, towering 11' high ceilings, and amazing hard loft details from when it was originally a prominent warehouse for the bustling railways. True to the warehouse lifestyle, an expansive open bedroom is hidden away in the back while in the remastered bathroom, delight in a Toto smart toilet, Miele washer and dryer, and custom-built cabinets all around. Tucked away from the main room, enjoy an oversized workshop, private office nook with additional hidden storage space, and 2 newer HVAC systems for complete home coverage. Residents of Molino Street Lofts can experience an array of amenities including a rooftop pool, bbq grill, private rooftop patio deck, and fitness center. Conveniently located near several famous dining spots including Urth Caffe, Bavel, Bestia, Girl & the Goat and close to multiple popular destinations such Angel City Brewery, Soho Warehouse, and the soon to be completed 6th Street bridge featuring a 12-acre park!

Last Agent to Sell the Property

Jonathan Yuen

Coldwell Banker Exclusive License #01952091 Listed on: 02/18/2022

Coldwell Banker Exclusive

Last Buyer's Agent

Xavier Jones

Coldwell Banker Realty License #02133712

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,906

Year Built

  • Built in 1923

Lot Details

  • 1.91

HOA Fees

  • $1,014 Monthly HOA Fees

Property Views

  • Panoramic
  • City Lights
  • Trees
  • Mountain

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 3,525 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entryway
  • Living Room
  • Loft
  • Art Studio
  • Workshop
  • Concrete Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Side by Side Parking
  • Automatic Gate
  • On-Street Parking
  • Parking Garage Space
  • Controlled Entrance

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • In Ground Pool
  • East Facing Home

Listing and Financial Details

  • Assessor Parcel Number 5163-019-091

Community Details

Overview

  • 91 Units
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Sundeck
  • Community Barbecue Grill
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Resident Manager or Management On Site
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$24,906

Year Built

Built in 1923

Lot Details

0

HOA Fees

$1,014 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Molino Street Lofts
  • Entry Floor: 2
  • Living Area: 3525
  • Lot Acreage: 1.9068
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Unit Floor In Building: 2
  • Year Built: 1923
  • Number Of Photos: 38
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Cement
  • Bedrooms: 1
  • 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 Unit, Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Built-Ins, Cable, Dryer, Freezer, Garbage Disposal, Hood Fan, Microwave, Network Wire, Washer, Refrigerator, Recirculated Exhaust Fan, Range/Oven
  • Price Per S Q F T: 595.74

Exterior Features

  • Direction Faces: East
  • Pool Description: Association Pool
  • Pool: Yes
  • View: City, City Lights, Tree Top, Mountains, Panoramic
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Above Street Level, Community Garage, Gated, Controlled Entrance, Uncovered, Side By Side
  • Total Parking: 2

Utilities

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

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Pool, Fitness Center, Exercise Room, Elevator, Controlled Access, Gated Parking, Hot Water, Onsite Property Management, Outdoor Cooking Area, Sun Deck
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 1013.77
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5163-019-091

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2006
Sold by
Tighe Sheila M and Hager Peggi
Bought by
Kamitaki Geral K
Current Estimated Value
$1,347,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Outstanding Balance
$302,405
Interest Rate
6.51%
Mortgage Type
New Conventional
Estimated Equity
$1,045,287

Purchase Details

Closed on
Jan 15, 2006
Sold by
Molino Street Lofts Llc
Bought by
Tighe Sheila M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.87%
Mortgage Type
New Conventional
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
Kamitaki Geral K $635,000 Fidelity National Title Co
Tighe Sheila M $525,000 Landamerica
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kamitaki Geral K $508,000
Previous Owner Tighe Sheila M $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2022 07/07/22 Sold $2,000,000 -4.8% $567 / Sq Ft
06/07/2022 06/07/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $2,100,000 -- $596 / 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 $24,906 $2,080,800 $832,320 $1,248,480
2024 $24,906 $2,040,000 $816,000 $1,224,000
2023 $24,412 $2,000,000 $800,000 $1,200,000
2022 $9,752 $801,686 $395,162 $406,524
2021 $9,631 $785,967 $387,414 $398,553
2019 $9,345 $762,657 $375,924 $386,733
2018 $9,312 $747,703 $368,553 $379,150
2016 $8,922 $718,671 $354,243 $364,428
2015 $8,700 $700,000 $351,000 $349,000
2014 $7,682 $601,000 $301,000 $300,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-129077

The MLS

APN: 5163-019-091