NOT LISTED FOR SALE

Estimated Value: $412,000 - $664,000

1 Bed
1 Bath
660 Sq Ft
$725/mo HOA Fee

Last Sold September 28, 2022

Last sale price $525,000 $795 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,862/month

14 Days on Market

Highlights

  • Fitness Center
  • Heated In Ground Pool
  • 1.72 Acre Lot
  • 24-Hour Security
  • Gated Parking
  • 2-minute walk to Grand Hope Park

About This Home

As of September 2022

Top Floor, open, and bright loft home in the heart of South Park at Market Lofts! This east facing PENTHOUSE loft home includes dramatic 12+ feet high ceilings, amazing city views, & an abundance of natural light. This loft has it all - Award winning interior design, Dramatic wall of glass spanning width of living area, High ceilings, exposed ducts & pipes, Refinished white hardwood floors, sleek Italian cabinetry, Caeserstone countertops, stainless steel appliances, and Bosch washer + dryer. Amenities include pool, gym, screening room, private party room, BBQ area, 24 hour front desk security, in-building covered parking, and Amazon Locker for your deliveries. Walking distance to LA Live, FDIM, theaters, fine dining, upscale entertainment, Financial and Fashion Districts. Conveniently located above Ralph's supermarket and just around the corner from Whole Foods. 1 parking space included. Come live at Market Lofts and experience the burgeoning community of art, culture, and entertainment in downtown.

Last Agent to Sell the Property

Anh Tran

Keller Williams Larchmont License #01465571 Listed on: 08/17/2022

Keller Williams Larchmont

Last Buyer's Agent

Jimmy Mercado

NEXT Brokerage License #01385375

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,602

Year Built

  • Built in 2006

Lot Details

  • 1.72

HOA Fees

  • $725 Monthly HOA Fees

Home Design

  • Modern Architecture
  • Entry on the 7th floor
  • Composition Roof

Interior Spaces

  • 660 Sq Ft Home
  • Loft
  • Wood Flooring
  • Courtyard Views
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Gated Parking
  • Parking Garage Space

Additional Features

  • Heated In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5144-028-068

Community Details

Overview

  • 267 Units
  • 7-Story Property

Amenities

  • Sundeck
  • Clubhouse

Recreation

  • Fitness Center
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,602

Year Built

Built in 2006

Lot Details

0

HOA Fees

$725 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Street Number Display: Yes
  • Complex Name: Market Lofts
  • Entry Floor: 7
  • Living Area: 660
  • Lot Acreage: 1.7176
  • Planned Urban Dev: 0
  • Stories: 7
  • Year Built: 2006
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 1
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Equipment: Dishwasher, Garbage Disposal, Microwave, Range/Oven
  • Fireplace: No
  • Price Per S Q F T: 795.45

Exterior Features

  • Balcony: No
  • Exposure: South
  • Pool Description: Heated, Community
  • Pool: Yes
  • Roof: Composition
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Community Garage, Gated
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: 24 Hour, Guarded

Association/Amenities

  • Amenities: Clubhouse, Controlled Access, Exercise Room, Security, Spa, Sun Deck
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 725.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5144-028-068
  • Lot Size Area: 74818

Multi Family

  • Number Of Units: 267

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2014
Sold by
Beglarian Eve
Bought by
Beglarian Eve
Current Estimated Value
$493,240

Purchase Details

Closed on
May 30, 2007
Sold by
9Th Street Market Lofts Llc
Bought by
Beglarian Spencer Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,800
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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
Beglarian Eve -- None Available
Beglarian Spencer Paul $488,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beglarian Spencer Paul $292,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2022 09/28/22 Sold $525,000 0.0% $795 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
08/17/2022 08/17/22 For Sale $525,000 +4.0% $795 / Sq Ft
04/19/2021 04/19/21 Sold $505,000 -4.7% $765 / Sq Ft View Prior Sale
03/11/2021 03/11/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $530,000 0.0% $803 / Sq Ft
01/23/2019 01/23/19 Rented $2,400 0.0% --
01/19/2019 01/19/19 Under Contract -- -- --
12/21/2018 12/21/18 Price Changed $2,400 -3.8% $4 / Sq Ft
11/30/2018 11/30/18 For Rent $2,495 +4.0% --
04/18/2018 04/18/18 Rented $2,400 -3.8% --
03/30/2018 03/30/18 For Rent $2,495 -- --
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 $6,602 $546,210 $161,262 $384,948
2024 $6,602 $535,500 $158,100 $377,400
2023 $6,474 $525,000 $155,000 $370,000
2022 $6,176 $515,100 $153,000 $362,100
2021 $3,987 $325,486 $189,375 $136,111
2020 $4,024 $322,150 $187,434 $134,716
2019 $3,866 $315,834 $183,759 $132,075
2018 $3,859 $309,642 $180,156 $129,486
2016 $3,687 $297,620 $173,161 $124,459
2015 $3,630 $293,150 $170,560 $122,590
2014 $3,649 $287,408 $167,219 $120,189
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-190673

The MLS

APN: 5144-028-068