NOT LISTED FOR SALE

Estimated Value: $616,000 - $727,000

2 Beds
1 Bath
1,464 Sq Ft
0.3 Acres

Highlights

  • Gated Parking
  • Wood Flooring
  • Elevator
  • Panoramic View
  • Loft
  • Built-In Features

About This Home

As of July 2013

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. Fifth floor, east facing unit with large windows for lots of natural light, balcony, exposed beams, and a quiet rear-facing orientation. A large bedroom and office area or second bedroom area is separated from huge grand kitchen and bathroom, giving the unit room definition but the openness of a true loft. Bamboo hardwood flooring, high ceilings, in unit Washer/Dryer and on-site parking for one car or storage included in rent and Pet friendly! 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.

Last Agent to Rent the Property

Kathleen A. Pytka

South Park Group, Inc. License #01401231 Listed on: 05/21/2013

Last Renter's Agent

Allyson Connolly

The Agency New Development License #01897527

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,022

Year Built

  • Built in 1906

Lot Details

  • 0.3

Property Views

  • Panoramic
  • City Lights

Interior Spaces

  • 1,464 Sq Ft Home
  • Built-In Features
  • Loft
  • Laundry in unit

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 1 Covered Space
  • Gated Parking

Utilities

  • Central Heating

Listing and Financial Details

  • Security Deposit $2,695
  • Tenant pays for electricity, gas
  • 12 Month Lease Term

Community Details

Overview

  • 35 Units
  • 7-Story Property

Amenities

  • Elevator

Pet Policy

  • Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,022

Year Built

Built in 1906

Lot Details

0

Rental Info

  • Security Deposit: 2695
  • Tenant Pays: Electricity, Gas

Listing Details

  • Property Type: Residential Lease
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Complex Name: The Mercantile Lofts
  • Entry Floor: 5
  • Lease Terms: 1-Year
  • Living Area: 1464
  • Stories: 7
  • Unit Floor In Building: 5
  • Year Built: 1906
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Cement, Hardwood
  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Built-Ins
  • Price Per S Q F T: 1.84

Exterior Features

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

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Gated Underground
  • Total Parking: 35

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Association/Amenities

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

Lot Info

  • Horses: No
  • Assessor Parcel Number: UNAVAILABLE
  • Geocode Override: No
  • Lot Size Area: 13068

Multi Family

  • Number Of Units: 35

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
07/01/2013 07/01/13 Rented $2,695 0.0% --
07/01/2013 07/01/13 Under Contract -- -- --
05/21/2013 05/21/13 For Rent $2,695 -- --
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 $3,022 $187,035 $36,620 $150,415
2024 $3,022 $183,368 $35,902 $147,466
2023 $2,928 $179,774 $35,199 $144,575
2022 $2,764 $176,250 $34,509 $141,741
2021 $2,702 $172,795 $33,833 $138,962
2019 $2,598 $167,673 $32,831 $134,842
2018 $2,566 $164,387 $32,188 $132,199
2016 $2,360 $158,005 $30,939 $127,066
2015 $2,313 $155,633 $30,475 $125,158
2014 $2,326 $152,586 $29,879 $122,707
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-674457

The MLS

APN: 5148-021-046