NOT LISTED FOR SALE

Barker Block 530 S Hewitt St Unit 127 Los Angeles, CA 90013

Downtown LA Neighborhood

Estimated Value: $1,454,000 - $1,710,550

2 Beds
2 Baths
2,850 Sq Ft
0.4 Acres

Last Sold January 29, 2021

Last sale price $1,330,000 $467 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $9,602/month

Highlights

  • Fitness Center
  • 24-Hour Security
  • Gated Parking
  • Felicitas and Gonzalo Mendez High Rated A-
  • In Ground Pool
  • 2-minute walk to Arts District Park

About This Home

As of March 2021

One of the neighborhood's biggest lofts is now available for sale in the Arts District's prestigious Barker Block! Extremely rare 3-level, west-facing true live/work"townhome" with direct street access, which makes it perfect for residential or business use! This unit offers over 20' ceilings, great separation between living and working space, walk-in closet, freshly refinished original hardwood floors as well as newly-polished concrete in the lower level. Nestled between super-hip restaurants, bars and renowned tech companies, this unit could not be more conveniently located in the heart of the Arts District. The Arts District park and playground is just a few steps away(perfect for a small family). Brand new, state-of-the-art, resort-style rooftop with grand Downtown LA views, BBQs, sun-lounges, spa and gym (built by the same company that built the acclaimed Soho Warehouse rooftop). This unit is priced to sell, so come and see it for yourself! Freshly painted and move-in ready!Agent Remarks: Also for lease for $6,200/month. A signed Coronavirus Property Entry Advisory and Declaration (CAR Form PEAD) and pre-approval letter/ POF is required from anyone who will be entering the property. Additionally, strict adherence to CDC guidelines as well as any local ordinance mandating the use

Last Agent to Rent the Property

Daniel Lai

Copperfield Investment & Dev License #00659185 Listed on: 02/16/2021

Last Renter's Agent

Daniel Lai

Copperfield Investment & Dev License #00659186

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,448

Year Built

  • Built in 2007

Lot Details

  • 0.4

Home Design

  • Modern Architecture
  • Split Level Home

Interior Spaces

  • 2,850 Sq Ft Home
  • Loft

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Gated Parking
  • Parking Garage Space

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $5,400
  • Tenant pays for electricity, gas, water
  • 12 Month Lease Term
  • Assessor Parcel Number 5163-021-113

Community Details

Amenities

  • Sundeck
  • Community Fire Pit
  • Community Barbecue Grill
  • Sauna
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Additional Features

  • 24-Hour Security
  • 5-Story Property

Condo Details

Home Type

Condominium

Est. Annual Taxes

$17,448

Year Built

Built in 2007

Lot Details

0

Rental Info

  • Lease Option: 1
  • Security Deposit: 5400
  • Tenant Pays: Electricity, Gas, Water

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Style: Modern
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 2850
  • Lot Acreage: 0.3991
  • Stories: 5
  • Year Built: 2007
  • Number Of Photos: 39
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Cement, Hardwood
  • Bedrooms: 2
  • 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: Dishwasher, Dryer, Freezer, Garbage Disposal, Ice Maker, Microwave, Hood Fan, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 1.89

Exterior Features

  • Pool Description: Association Pool
  • Pool: Yes
  • View: City
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Electric, Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Gated Parking, Sauna, Elevator, Fitness Center, Fire Pit, Sun Deck, Pool, Assoc Barbecue

Lot Info

  • Assessor Parcel Number: 5163-021-113
  • Lot Size Area: 17383

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2020
Sold by
Ludwig Nicole Marie Amerian and Amerian Nicole M
Bought by
Ludwig Andreas and Ludwig Nicole Marie
Current Estimated Value
$1,553,638

Purchase Details

Closed on
Mar 8, 2013
Sold by
Vanotterloo Nils Del Mol and Lomas Jennifer Nicole
Bought by
Amerian Nicole M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,000
Outstanding Balance
$293,284
Interest Rate
3.49%
Mortgage Type
Commercial
Estimated Equity
$1,260,354

Purchase Details

Closed on
Nov 1, 2011
Sold by
Vanotterloo Nils Pieter De Mol
Bought by
Vanotterloo Nils De Mol and Lomas Jennifer Nicole

Purchase Details

Closed on
Apr 9, 2008
Sold by
530 Hewitt Subsidiary Llc
Bought by
Otterloo Nils Pieter Demolvan
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
Ludwig Andreas -- Accommodation
Amerian Nicole M $715,000 Fidelity Van Nuys
Vanotterloo Nils De Mol -- None Available
Otterloo Nils Pieter Demolvan -- Chicago Title Subdivision
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amerian Nicole M $418,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2021 03/01/21 Rented $5,400 0.0% --
02/16/2021 02/16/21 For Rent $5,400 0.0% --
01/29/2021 01/29/21 Sold $1,330,000 -3.3% $467 / Sq Ft View Prior Sale
01/27/2021 01/27/21 For Sale $1,375,000 +3.4% $482 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
12/28/2020 12/28/20 Off Market $1,330,000 -- --
12/05/2020 12/05/20 Price Changed $1,375,000 -8.0% $482 / Sq Ft
10/27/2020 10/27/20 For Sale $1,495,000 0.0% $525 / Sq Ft
02/09/2018 02/09/18 Rented $6,200 0.0% --
02/01/2018 02/01/18 For Rent $6,200 +8.8% --
04/28/2017 04/28/17 Rented $5,700 -1.7% --
04/12/2017 04/12/17 For Rent $5,800 -- --
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 $17,448 $1,439,632 $649,458 $790,174
2024 $17,448 $1,411,405 $636,724 $774,681
2023 $17,104 $1,383,732 $624,240 $759,492
2022 $16,305 $1,356,600 $612,000 $744,600
2021 $10,031 $813,413 $403,862 $409,551
2020 $10,128 $805,073 $399,721 $405,352
2019 $9,735 $789,288 $391,884 $397,404
2018 $9,714 $773,812 $384,200 $389,612
2016 $9,309 $743,766 $369,282 $374,484
2015 $9,175 $732,595 $363,736 $368,859
2014 $9,198 $718,245 $356,611 $361,634
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2021

    Daniel Lai

    Copperfield Investment & Dev

    Section Image
  • Andreas Ludwig

    Seller's Agent in 2021

    Andreas Ludwig

    Keller Williams Studio City

    (213) 500-6984

    19 in this area

    32 Total Sales

    Andreas Ludwig
    Section Image
  • Randelle Green

    Seller's Agent in 2018

    Randelle Green

    The RandelleGreen Group

    (213) 254-7626

    5 in this area

    5 Total Sales

    Randelle Green
    Section Image
  • Drew F. Panico

    Buyer's Agent in 2018

    Drew F. Panico

    Realty Source Incorporated

    (323) 841-0381

    2 in this area

    10 Total Sales

    Drew F. Panico
    Section Image

  • J

    Buyer's Agent in 2017

    Jeremy Triggs

    Ashby & Graff

    (877) 449-7653

    Jeremy Triggs
    Section Image
See All Agents

About Barker Block

Map

Source: The MLS

MLS Number: 21-693740

The MLS

APN: 5163-021-113

California Los Angeles County Los Angeles 90013 Downtown LA

530 S Hewitt St Unit 127, Los Angeles, CA

This home is located at 530 S Hewitt St Unit 127, Los Angeles, CA 90013 since 16 February 2021 and is currently priced at $1,553,638. This property was built in 2007. 530 S Hewitt St Unit 127 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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