RENTED NOV 12, 2024

711 S Olive St Unit 413 Los Angeles, CA 90014

Downtown LA Neighborhood
1 Bed
1.5 Baths
1,060 Sq Ft
0.77 Acres

Highlights

  • Rooftop Deck
  • 5-minute walk to 7Th Street/Metro Center Station
  • 0.77 Acre Lot
  • Gated Parking
  • City View
  • Open Floorplan

About This Home

As of November 2024

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. Each unit has a full size washer and dryer. Full bath plus powder room. Separate bedroom. 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, Per LA Hotel and Metro Station. Southern exposure. Shown by appointment only.

Last Agent to Rent the Property

Jim Shogren

Rodeo Realty License #01251977 Listed on: 10/10/2024

Rodeo Realty

Last Renter's Agent

Carol Shogren

Rodeo Realty License #01292174

Rodeo Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $184,921

Year Built

  • Built in 1917

Lot Details

  • 0.77

Home Design

  • Midcentury Modern Architecture
  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,060 Sq Ft Home
  • Open Floorplan
  • Brick Wall or Ceiling
  • High Ceiling
  • Recessed Lighting
  • Great Room
  • Concrete Flooring
  • City Views

Kitchen

  • Electric Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener
  • Driveway
  • Gated Parking
  • Parking Garage Space
  • Controlled Entrance

Utilities

  • Air Conditioning
  • Central Heating
  • Property is located within a water district
  • Central Water Heater

Additional Features

  • Balcony
  • South Facing Home

Listing and Financial Details

  • Security Deposit $1,300
  • Tenant pays for electricity, trash collection, water
  • 1-Month Minimum Lease Term
  • 12 Month Lease Term
  • Assessor Parcel Number 5144-012-055

Community Details

Overview

  • 54 Units
  • 5-Story Property

Amenities

  • Rooftop Deck
  • Community Barbecue Grill
  • Trash Chute
  • Elevator
  • Lobby

Pet Policy

  • Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$184,921

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
  • Lease Length: 1
  • Not Included In Rent: Electricity, Trash, Water
  • Security Deposit: 1300
  • Tenant Pays: Electricity, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Style: Mid-Century
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: The Mandel Lofts
  • Entry Floor: 4
  • Lease Terms: 1-Year
  • Living Area: 1060
  • Lot Acreage: 0.7674
  • Monthto Month: No
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 5
  • Unit Floor In Building: 4
  • Year Built: 1917
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Brick Walls, High Ceilings (9 Feet+), Open Floor Plan, Recessed Lighting
  • Flooring: Stained Concrete
  • Appliances: Electric, Microwave, Oven-Electric, Range
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Bedroom Features: WalkInCloset
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub, Shower Stall
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Island
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 2.45

Exterior Features

  • Balcony: South
  • Direction Faces: South
  • Construction: Brick
  • Other Features: Balcony, High Ceilings (9 Feet+)
  • Tennis Court Y/N: No
  • Exposure: South
  • Pool: No
  • Spa Yn: No
  • View: City, Walk Street
  • View: Yes

Garage/Parking

  • Parking Garage: Community Garage, Controlled Entrance, Gated Underground, Door Opener, Driveway - Concrete

Utilities

  • Water Heater: Central Water Heater
  • Cooling: Air Conditioning
  • Heating: Central
  • Sewer: In Connected and Paid
  • Water: Water District

Association/Amenities

  • Amenities: Assoc Barbecue
  • Pet Rules: Yes

Condo/Co-op/Association

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

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5144-012-055
  • Lot Size Area: 33428

Multi Family

  • Number Of Units: 54

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:

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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

Purchase History

Date Buyer Sale Price Title Company
Peykar Family Llc -- Accommodation/Courtesy Recordi
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peykar Moussa $13,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2024 11/12/24 Rented $2,700 +3.8% --
11/11/2024 11/11/24 Under Contract -- -- --
10/10/2024 10/10/24 For Rent $2,600 -7.1% --
09/30/2023 09/30/23 Rented $2,800 0.0% --
08/28/2023 08/28/23 Under Contract -- -- --
08/24/2023 08/24/23 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 2024

    Jim Shogren

    Rodeo Realty

    (310) 592-7506

    19 Total Sales

    Jim Shogren
    Section Image
  • Carol Shogren

    Tenant's Agent in 2024

    Carol Shogren

    Rodeo Realty

    (310) 592-7443

    17 Total Sales

    Carol Shogren
    Section Image
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Map

Source: The MLS

MLS Number: 24-452846

The MLS

APN: 5144-012-055

California Los Angeles County Los Angeles 90014 Downtown LA

711 S Olive St Unit 413, Los Angeles, CA

This home is located at 711 S Olive St Unit 413, Los Angeles, CA 90014 since 10 October 2024. This property was built in 1917. 711 S Olive St Unit 413 is a home located in Los Angeles County with nearby schools including Para Los Niños Charter Middle School, John H. Liechty Middle School, and Academic Leadership Community Miguel Contreras Learning Complex.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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