NOT LISTED FOR SALE

711 S Olive St Unit 310 Los Angeles, CA 90014

Downtown LA Neighborhood
1 Bed
1.5 Baths
1,200 Sq Ft
0.77 Acres

Highlights

  • Rooftop Deck
  • 5-minute walk to 7Th Street/Metro Center Station
  • Traditional Architecture
  • City Lights View
  • 33,418 Sq Ft lot
  • High Ceiling

About This Home

As of July 2022

Originally a Los Angeles department store, beautifully converted into live/work loft apartments with 14 foot ceilings, exposed concrete support columns and ceilings. Updated with modern stainless steel appliances and cabinets. Each unit has a full size washer and dryer. Full bath with separate shower stall plus powder room. Lots of closet space. Rooftop deck with city views includes a Barbecue Grill. Secure underground parking is available. Centrally located near Whole Foods, Los Angeles Athletic Club, Nomad Hotel and Metro Station. This unit is an open floor plan. Northern exposure with city lights view. Shown by appointment only. Photos may be of similar units.

Last Agent to Rent the Property

Jim Shogren

Rodeo Realty License #01251977 Listed on: 06/02/2022

Rodeo Realty

Co-Listed By

Carol Shogren

Rodeo Realty License #01292174

Last Renter's Agent

Amanda Bernadyn

Real Broker License #02075760

Real Broker

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1917

Lot Details

  • North Facing Home
  • Historic Home

Home Design

  • Traditional Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,200 Sq Ft Home
  • High Ceiling
  • Great Room
  • Concrete Flooring
  • City Lights Views

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • Parking Garage Space
  • Controlled Entrance

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Central Water Heater

Listing and Financial Details

  • Security Deposit $1,400
  • Tenant pays for cable TV, electricity, insurance, trash collection
  • 12 Month Lease Term
  • Assessor Parcel Number 5144-012-055

Community Details

Overview

  • 54 Units
  • 5-Story Property

Amenities

  • Rooftop Deck
  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Trash Chute
  • Elevator
  • Lobby

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Year Built

Built in 1917

Lot Details

0

Rental Info

  • Credit Report Amount: 40.00
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Land Lease Purchase Yn: No
  • Not Included In Rent: Trash & water $75/month
  • Rent Control: No
  • Security Deposit: 1400
  • Tenant Pays: Cable TV, Electricity, Insurance, Trash Collection

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Style: Traditional
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: The Mandel
  • Entry Floor: 1
  • Lease Terms: 1-Year
  • Living Area: 1200
  • Monthto Month: No
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 5
  • Water Filled Furn Ins Required: Yes
  • Year Built: 1917
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+)
  • Flooring: Stained Concrete
  • Appliances: Electric, Microwave, Range
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub, Shower Stall
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Refrigerator, Washer, Range/Oven
  • Price Per S Q F T: 2.33

Exterior Features

  • Direction Faces: North
  • Other Features: High Ceilings (9 Feet+), Historical
  • Tennis Court Y/N: No
  • Exposure: North
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Parking Garage: Community Garage, Controlled Entrance

Utilities

  • Water Heater: Central Water Heater
  • Cooling: Air Conditioning
  • Heating: Central, Forced Air
  • Security: Fire Sprinklers, Smoke Detector, Fire and Smoke Detection System
  • Sewer: In Connected and Paid
  • Water: Public

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Pet Rules, Controlled Access, Elevator, Outdoor Cooking Area
  • Pet Rules: Yes

Condo/Co-op/Association

  • High Rise: Passenger Elevator, Trash Chute, Rooftop Sky Deck, Entrance Lobby
  • Unit Location: North

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5144-012-055
  • Lot Size Area: 33418

Multi Family

  • Number Of Units: 54

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2020
Sold by
Peykar Family Trust and Peykar Moussa
Bought by
Peykar Family Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Peykar Family Llc -- Accommodation/Courtesy Recordi
Peykar Family Llc -- Accommodation/Courtesy Recordi
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2022 07/07/22 Rented $2,800 0.0% --
07/07/2022 07/07/22 Under Contract -- -- --
06/02/2022 06/02/22 For Rent $2,800 -- --
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 $184,921 $12,868,959 $4,518,815 $8,350,144
2024 $184,921 $12,616,627 $4,430,211 $8,186,416
2023 $180,937 $12,369,244 $4,343,345 $8,025,899
2022 $172,823 $12,126,711 $4,258,182 $7,868,529
2021 $169,359 $11,888,934 $4,174,689 $7,714,245
2020 $170,105 $11,767,028 $4,131,883 $7,635,145
2019 $164,358 $11,536,303 $4,050,866 $7,485,437
2018 $163,519 $11,310,102 $3,971,438 $7,338,664
2016 $154,787 $10,870,919 $3,817,223 $7,053,696
2015 $152,069 $10,707,628 $3,759,885 $6,947,743
2014 $152,887 $10,497,882 $3,686,235 $6,811,647
Source: Public Records

Agents Affiliated with this Home

  • Jim Shogren

    Landlord's Agent in 2022

    Jim Shogren

    Rodeo Realty

    (310) 592-7506

    17 Total Sales

    Jim Shogren
    Section Image
  • Carol Shogren

    Landlord's Co-Listing Agent in 2022

    Carol Shogren

    Rodeo Realty

    (310) 592-7443

    15 Total Sales

    Carol Shogren
    Section Image
  • Amanda Bernadyn

    Tenant's Agent in 2022

    Amanda Bernadyn

    Real Broker

    (570) 294-5701

    1 in this area

    31 Total Sales

    Amanda Bernadyn
    Section Image
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Map

Source: The MLS

MLS Number: 22-167515

The MLS

APN: 5144-012-055

California Los Angeles County Los Angeles 90014 Downtown LA

711 S Olive St Unit 310, Los Angeles, CA

Not Listed for Sale

Condos

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