NOT LISTED FOR SALE

620 S Main St Unit 405 Los Angeles, CA 90014

Downtown LA Neighborhood

Estimated Value: $627,000 - $757,124

1 Bed
1 Bath
1,591 Sq Ft
0.57 Acres

Highlights

  • City Lights View
  • Deck
  • Bamboo Flooring
  • 25,000 Sq Ft lot
  • Contemporary Architecture
  • Loft

About This Home

As of February 2024

*CREATIVE X-LARGE LIVE/WORK OPEN LOFT WITH STEP-OUT BALCONY.* The Mercantile Lofts is home to a creative community, featuring some of the largest live/work loft homes available in one of DTLA's most vibrant neighborhoods, the Historic Core. Originally built in 1907 and re-imagined in 2011, with a post-modern architectural style and glass curtain wall system, the building artfully combines vintage detailing with a contemporary aesthetic. All units are appointed with bamboo and tile flooring, high ceilings, and floor-to-ceiling windows allowing abundant natural light. These massive open loft homes are ideal for living comfortably, working creatively, and enjoying the quintessential urbanite lifestyle. Super walkable to Grand Central Market, Spring Arcade Fine Dining, Pershing Square, Metro, and some of the best art galleries, museums, restaurants, and shopping that DTLA has to offer. *PET FRIENDLY with additional deposit + pet rent. All appliances included. Tenant pays all utilities. Parking available onsite for 1 car per unit, $200/month.*

Last Agent to Rent the Property

Alexis Alegre

Smart LA Realty License #01970214 Listed on: 12/02/2023

Last Renter's Agent

Alexis Alegre

Smart LA Realty License #01970214 Listed on: 12/02/2023

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,247

Year Built

  • Built in 1907

Lot Details

  • 0.57

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1 Full Bathroom
  • 1,591 Sq Ft Home
  • Loft
  • City Lights Views

Kitchen

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

Flooring

  • Bamboo
  • Tile

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • Deck
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,095
  • Tenant pays for electricity, gas, insurance, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 514-802-1021

Community Details

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $500

Security

  • Resident Manager or Management On Site
  • Controlled Access

Additional Features

  • Elevator
  • 6-Story Property

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,247

Year Built

Built in 1907

Lot Details

0

Rental Info

  • Credit Report Required: Yes
  • Pet Deposit: 500.00
  • Security Deposit: 3095
  • Tenant Pays: Electricity, Gas, Insurance, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Entry Floor: 4
  • Lease Terms: 1+Year
  • Living Area: 1591
  • Stories: 6
  • Unit Floor In Building: 4
  • Year Built: 1907
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Bamboo, Tile
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Range/Oven, Freezer, Garbage Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Price Per S Q F T: 1.95

Exterior Features

  • Patio: Deck(s)
  • Pool: No
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Parking Garage: Assigned, Subterranean

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Controlled Access, Elevator, Onsite Property Management
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 514-802-1021
  • Lot Size Area: 25000

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

Mortgage History

Date Status Borrower Loan Amount
Closed Main Mercantile Llc $8,845,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2024 02/04/24 Rented $3,095 0.0% --
12/02/2023 12/02/23 For Rent $3,095 -6.2% --
10/03/2023 10/03/23 Rented $3,300 0.0% --
06/24/2023 06/24/23 For Rent $3,300 +20.7% --
11/24/2013 11/24/13 Rented $2,735 -0.4% --
11/24/2013 11/24/13 Under Contract -- -- --
11/15/2013 11/15/13 For Rent $2,745 -- --
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 $3,247 $201,233 $39,403 $161,830
2024 $3,247 $197,288 $38,631 $158,657
2023 $3,147 $193,421 $37,874 $155,547
2022 $2,970 $189,630 $37,132 $152,498
2021 $2,904 $185,912 $36,404 $149,508
2019 $2,792 $180,399 $35,325 $145,074
2018 $2,758 $176,863 $34,633 $142,230
2016 $2,536 $169,997 $33,289 $136,708
2015 $2,486 $167,444 $32,789 $134,655
2014 $2,500 $164,165 $32,147 $132,018
Source: Public Records

Agents Affiliated with this Home

  • Alexis Alegre

    Landlord's Agent in 2024

    Alexis Alegre

    Smart LA Realty

    (714) 365-4480

    1 in this area

    3 Total Sales

    Section Image

  • K

    Seller's Agent in 2013

    Kathleen A. Pytka

    South Park Group, Inc.

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Map

Source: The MLS

MLS Number: 23-336635

The MLS

APN: 5148-021-039

California Los Angeles County Los Angeles 90014 Downtown LA

620 S Main St Unit 405, Los Angeles, CA

This home is located at 620 S Main St Unit 405, Los Angeles, CA 90014 since 02 December 2023 and is currently priced at $692,031. This property was built in 1907. 620 S Main St Unit 405 is a home located in Los Angeles County with nearby schools including Para Los Niños Charter Middle School, Hollenbeck Middle School, and Santee Education Complex.

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