$8,224,000
RENTED JUL 7, 2025
1 Bed
1.5 Baths
1,232 Sq Ft
0.79 Acres

Highlights

  • Concierge
  • 1-minute walk to 7Th Street/Metro Center Station
  • 24-Hour Security
  • Community Cabanas
  • Fitness Center
  • Contemporary Architecture

About This Home

As of July 2025

#505 is an open floor plan, two-story loft, 1.5 bath, lots of natural light, a den, a separate shower and jet tub with a courtyard view facing west. "Look and Lease Special." Take up to EIGHT weeks FREE rent on our exclusive move-in promotion. 4 weeks free, 4 weeks on 'Look and Lease" for total of 8 weeks free. Offer subject to change without notice, prices change weekly, book your appointment ASAP and ask for details on this promotion. Welcome to a pet-friendly community offering exceptional comfort and convenience. This bright, spacious loft features soaring ceilings and abundant natural light through large east-facing windows overlooking the serene courtyard. Enjoy premium amenities including: 24/7 fitness center, secure Parcel Pending locker system that notifies you instantly via text of package deliveries to lockers, 24/7 concierge service and valet parking with text retrieval anytime day or night, Bosch brand kitchen appliances: gas range, microwave, dishwasher, and in-unit washer/dryer. Refreshing rooftop pool and hottub, indoor/outdoor lounges with oversized TVs and comfortable seating. Private wine room with lockers and meeting space for gatherings or quiet work. Beautifully furnished guest suite available for residents' visitors, ideal for hosting friends and family. Live in a vibrant neighborhood with Whole Foods, Ralphs, Smart & Final, Target, and Grocery Outlet nearby, plus The Bloc* shopping district is just across the street, featuring Uniqlo, USPS, Alamo Drafthouse Cinema, Drybar, GNC, LaMay Nail Salon, Starbucks, Sheraton Grand Hotel, T-Mobile, Hatch Yakitori, Marugame Udon, Oil + Cream Massage, One Medical, UCLA Health. Building is perfectly positioned above the 7th St/Metro Center station, providing quick access to all subway lines, LA Live, and the LA Convention Center within minutes. Street level of our building is Northern Cafe and Jollibee. Multiple loft options are available in various layouts and price ranges. Prices and lease specials updated weekly. Schedule your tour today to discover luxury, convenience, and peace of mind in one of the most desirable addresses in downtown Los Angeles financial district. Complimentary valet parking while touring.

Last Agent to Rent the Property

L. Annie Adjchavanich

Secret HQ, Inc License #01963614 Listed on: 06/29/2025

Last Renter's Agent

L. Annie Adjchavanich

Secret HQ, Inc License #01963614 Listed on: 06/29/2025

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $142,989

Year Built

  • Built in 1927

Lot Details

  • Sprinkler System
  • Historic Home

Parking

  • 100 Covered Spaces

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,232 Sq Ft Home
  • Courtyard Views
  • Security Lights

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $750
  • Tenant pays for electricity, gas, insurance, water, trash collection
  • 12 Month Lease Term

Community Details

Overview

  • 222 Units
  • 16-Story Property

Amenities

  • Concierge
  • Valet Parking
  • Community Fire Pit
  • Trash Chute
  • Lounge
  • Elevator
  • Lobby
  • Community Mailbox

Recreation

  • Fitness Center
  • Community Cabanas
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Size Limit
  • Pet Deposit $300

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$142,989

Year Built

Built in 1927

Lot Details

0

Rental Info

  • Credit Report Amount: 51.00
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Pet Deposit: 300.00
  • Land Lease Purchase Yn: No
  • Lease Option: 1
  • Rent Excludes: 1BR security deposit: $750; 2BR security deposit: $1,000;PH security deposit: $1,500. 24/7 Valet parking, text Valet for your ca
  • Security Deposit: 750
  • Tenant Pays: Electricity, Gas, Insurance, Water, Trash Collection

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Floor: 1
  • Lease Terms: 1+Year
  • Living Area: 1232
  • Monthto Month: No
  • Probate: No
  • Stories: 16
  • Unit Floor In Building: 16
  • Year Built: 1927
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Mixed, Hardwood, Stone
  • Appliances: Cooktop - Gas, Oven-Gas, Microwave
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Refrigerator, Range/Oven, Washer
  • Price Per S Q F T: 3.13

Exterior Features

  • Other Features: Historical
  • Tennis Court Y/N: No
  • Pool Description: In Ground, Heated And Filtered, Community
  • Pool: Yes
  • Spa: Association Spa, Heated, Hot Tub
  • Spa Yn: Yes
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Covered Parking: 100
  • Parking Garage: Valet
  • Total Parking: 100

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Exterior Security Lights, Fire and Smoke Detection System, Fire Sprinklers, Resident Manager, Smoke Detector

Association/Amenities

  • Community Features: Community Mailbox
  • Amenities: Elevator, Exercise Room, Fitness Center, Fire Pit, Concierge, Controlled Access, Assoc Pet Rules, Pool, Private Cabana, Valet Parking, Security
  • Pet Rules: Assoc Pet Rules, Call, Permitted Types, Pets Permitted, Yes, Submit Pets, Weight Limit

Condo/Co-op/Association

  • High Rise: Concierge, 24-Hour Concierge, Controlled Access, Entrance Lobby, Lounge, Passenger Elevator, Rooftop Spa, Rooftop Swimming Pool, Trash Chute, Valet Parking, On site retail

Lot Info

  • Sprinklers: Sprinkler System
  • Horses: No
  • Assessor Parcel Number: UNAVAILABLE

Multi Family

  • Number Of Units: 222

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2015
Sold by
Gs Roosevelt Llc
Bought by
Bre Silver Mf Roosevelt Ca Llc
Current Estimated Value
$8,224,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 2008
Sold by
Alliance Property Intestments Inc
Bought by
Roosevelt Lofts Llc

Purchase Details

Closed on
Aug 16, 2004
Sold by
Hexagon Holdings Ltd Lp
Bought by
Carla Ridge Llc and Desert Field Llc

Purchase Details

Closed on
Sep 25, 2002
Sold by
Falcon Investment Group Llc
Bought by
Carla Ridge Llc and Teak Holdings Limited Lp

Purchase Details

Closed on
Jul 8, 1997
Sold by
Roosevelt Redevelopment Llc
Bought by
Thermo Roosevelt Redevelopment Inc
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
Bre Silver Mf Roosevelt Ca Llc $135,395,000 None Available
Roosevelt Lofts Llc -- American Title
Roosevelt Lofts Llc -- North American Title
Carla Ridge Llc -- --
Carla Ridge Llc -- --
Alliance Property Investments Inc -- --
Carla Ridge Llc -- --
Thermo Roosevelt Redevelopment Inc -- Chicago Title
Roosevelt Redevelopment Llc -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bre Silver Mf Roosevelt Ca Llc $73,464,000
Closed Bre Silver Mf Roosevelt Ca Llc $455,000
Previous Owner Gs Roosevelt Llc $65,000,000
Previous Owner Gs Roosevelt Llc $56,985,000
Previous Owner Carla Ridge Llc $7,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Rented $3,850 0.0% --
06/29/2025 06/29/25 For Rent $3,850 -- --
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
2024 $142,989 $10,217,731 $735,960 $9,481,771
2023 $135,311 $10,217,731 $735,960 $9,481,771
2022 $147,293 $10,217,731 $735,960 $9,481,771
2021 $133,173 $10,217,731 $735,960 $9,481,771
2019 $146,537 $12,173,555 $2,050,000 $10,123,555
2018 $127,875 $10,393,243 $1,720,000 $8,673,243
2016 $59,877 $4,756,580 $1,354,180 $3,402,400
2015 $79,243 $4,756,580 $1,354,180 $3,402,400
2014 $96,933 $5,801,000 $1,223,000 $4,578,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25558865

The MLS

APN: 5144-029-010