NOT LISTED FOR SALE

Estimated Value: $619,000 - $721,000

1 Bed
1 Bath
1,480 Sq Ft
0.29 Acres

Highlights

  • City Lights View
  • Bamboo Flooring
  • Controlled Access
  • Contemporary Architecture
  • Built-In Features
  • Central Heating and Cooling System

About This Home

As of March 2016

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 beams, this top floor- penthouse corner unit faces out to Main St. with large gorgeous original windows that open for a nice refreshing breeze and unobstructed views of the city lights. A large bedroom area with closets separated from huge grand kitchen. Bamboo hardwood 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, pet rent $25/mo, pet deposit $250 Use of the amenities at PE lofts which include rooftop Pool and deck, dog run, laundry, fitness center and conference room .(usually $80/month to use these amenities) Security deposit only $750- with approved credit. Adjacent to PE lofts which is home to the new Artisan House and Coles.

Last Agent to Rent the Property

Kathleen A. Pytka

South Park Group, Inc. License #01401231 Listed on: 01/01/2016

Last Renter's Agent

Authur Taylor

Keller Williams Downtown LA License #01968299

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,083

Year Built

  • Built in 1906

Lot Details

  • 0.29

Parking

  • 1 Car Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,480 Sq Ft Home
  • Built-In Features
  • Bamboo Flooring
  • City Lights Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

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 5148-021-052

Community Details

Pet Policy

  • Pets Allowed

Security

  • Controlled Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,083

Year Built

Built in 1906

Lot Details

0

Rental Info

  • Security Deposit: 750
  • Tenant Pays: Electricity, Gas, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Complex Name: Main Mercantile
  • Lease Terms: 1+Year
  • Living Area: 1480
  • Year Built: 1906
  • Number Of Photos: 14
  • 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
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 2.36

Exterior Features

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

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Garage
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Controlled Access
  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 5148-021-052
  • Geocode Override: No
  • Lot Size Area: 12848

Range of Values:

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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
03/01/2016 03/01/16 Rented $3,400 -2.9% --
01/01/2016 01/01/16 For Rent $3,500 -- --
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 $3,083 $190,906 $37,378 $153,528
2024 $3,083 $187,164 $36,646 $150,518
2023 $2,988 $183,495 $35,928 $147,567
2022 $2,820 $179,898 $35,224 $144,674
2021 $2,757 $176,372 $34,534 $141,838
2019 $2,651 $171,142 $33,510 $137,632
2018 $2,619 $167,787 $32,853 $134,934
2016 $2,408 $161,274 $31,578 $129,696
2015 $2,360 $158,852 $31,104 $127,748
2014 $2,374 $155,741 $30,495 $125,246
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-970195

The MLS

APN: 5148-021-052