NOT LISTED FOR SALE

Estimated Value: $552,000 - $734,000

1 Bed
1 Bath
1,442 Sq Ft
0.29 Acres

Highlights

  • Gated Parking
  • Bamboo Flooring
  • Elevator
  • City Lights View
  • Loft
  • Built-In Features

About This Home

As of August 2015

The Mercantile Lofts is a boutique building, comprising just 35 units, and offering an exclusive live/work experience in the heart of downtown LA's Historic Core. The Mercantile, and features huge open spaces, lots of natural light, exposed brick and beams, unit 206 is a rear facing unit with a unique layout that has a large bedroom and office area separated from a grand kitchen. Polished concrete flooring, high ceilings, in unit Washer/Dryer and on-site parking for one car or storage. Pet friendly! - max of 1 dog with manager approval. Adjacent to PE lofts which is home to the new Artisan House, Cole's and the Association. Great location to be within blocks of many well-known restaurants and bars. Tenants have full use of the amenities, which include rooftop Pool and deck, dog run, laundry, fitness center and conference room. Reduced security deposit of $875- with approved credit.

Last Agent to Rent the Property

Kathleen A. Pytka

South Park Group, Inc. License #01401231 Listed on: 07/16/2015

Last Renter's Agent

Jeremy Triggs

VIP Premier Realty Corp License #01833914

VIP Premier Realty Corp

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1906

Lot Details

  • 0.29

Interior Spaces

  • 1,442 Sq Ft Home
  • Built-In Features
  • Loft
  • Bamboo Flooring
  • City Lights Views
  • Laundry in unit

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Covered Space
  • Gated Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $750
  • Tenant pays for electricity, gas, water
  • 12 Month Lease Term
  • Assessor Parcel Number 5148-021-026

Community Details

Amenities

  • Elevator

Pet Policy

  • Pets Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 1906

Lot Details

0

Rental Info

  • Credit Report Amount: 45.00
  • Credit Report Required: Yes
  • Security Deposit: 750
  • Tenant Pays: Electricity, Gas, Water

Listing Details

  • Property Type: Residential Lease
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Complex Name: THE MERCANTILE LOFTS
  • Lease Terms: 1-Year
  • Living Area: 1442
  • Year Built: 1906
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Flooring: Bamboo
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Equipment: Built-Ins
  • Price Per S Q F T: 1.86

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Gated Underground
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Elevator, Gated Parking
  • Pet Rules: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5148-021-026
  • Geocode Override: No
  • Lot Size Area: 12848

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2015 08/01/15 Rented $2,575 -3.7% --
07/16/2015 07/16/15 For Rent $2,675 -- --
Source: The MLS

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 $3,063 $189,623 $37,132 $152,491
2024 $3,063 $185,905 $36,404 $149,501
2023 $2,968 $182,261 $35,691 $146,570
2022 $2,801 $178,689 $34,992 $143,697
2021 $2,739 $175,186 $34,306 $140,880
2019 $2,633 $169,992 $33,290 $136,702
2018 $2,601 $166,660 $32,638 $134,022
2016 $2,392 $160,191 $31,372 $128,819
2015 $2,344 $157,786 $30,901 $126,885
2014 $2,358 $154,696 $30,296 $124,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-923561

The MLS

APN: 5148-021-023

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