NOT LISTED FOR SALE

760 S Hill St Unit 504 Los Angeles, CA 90014

Downtown LA Neighborhood

Estimated Value: $379,000 - $487,000

-- Bed
1 Bath
640 Sq Ft
0.3 Acres

Highlights

  • Fitness Center
  • Wood Flooring
  • Sundeck
  • City View
  • Loft
  • Elevator

About This Home

As of July 2018

*COZY, STUDIO LOFT WITH BEDROOM SEPARATED BY CLOSET. PRICE BASED ON 14-15 MONTH LEASE TERM & 2 WEEK MOVE-IN - SUBJECT TO CHANGE DAILY. CALL TO CONFIRM RATE.* Built in 1928, Union Lofts was converted in 2008 to live/work lofts while preserving the historical exterior Beaux Art details. Featuring hardwood floors, high ceilings, open floor plans and massive windows, these modernized lofts offer tenants the quintessential DTLA lifestyle! Fully equipped w/ stainless steel kitchen appliances & in-unit washer/dryer. Amenities: 24 Onsite Valet/Concierge, Rooftop Lounge & Sundeck, Fitness Studio & BBQ + Access to LEVEL Amenities (Pool, Gym, Basketball Court) for $150/mt. Conveniently located 4 blocks from Whole Foods, Ralph's, 7th Street Metro Center & Macy's Bloc. Close to abundant dining, shopping, and nightlife. Parking available for $150/mt at offsite covered garage.

Last Agent to Rent the Property

Alexis Alegre

Smart LA Realty License #01970214 Listed on: 05/10/2018

Co-Listed By

Tiffany Gatto

Smart LA Realty License #01822601

Last Renter's Agent

Alexis Alegre

Smart LA Realty License #01970214 Listed on: 05/10/2018

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,931

Year Built

  • Built in 1928

Lot Details

  • 0.3

Property Views

  • City
  • Courtyard

Interior Spaces

  • 1 Full Bathroom
  • 640 Sq Ft Home
  • Loft

Kitchen

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

Flooring

  • Wood
  • Tile

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Covered Parking
  • Off-Site Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $515
  • Tenant pays for cable TV, electricity, insurance, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 5144-014-073

Community Details

Overview

  • High-Rise Condominium
  • 11-Story Property

Amenities

  • Sundeck
  • Community Fire Pit
  • Community Barbecue Grill
  • Elevator

Recreation

  • Fitness Center

Pet Policy

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

Security

  • Controlled Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,931

Year Built

Built in 1928

Lot Details

0

Rental Info

  • Credit Report Required: Yes
  • Pet Deposit: 300.00
  • Security Deposit: 515
  • Tenant Pays: Cable TV, Electricity, Insurance, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: High or Mid-Rise Condo
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Complex Name: Union Lofts
  • Lease Terms: 1+Year
  • Living Area: 640
  • Stories: 11
  • Year Built: 1928
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Hardwood, Tile
  • 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: Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 2.89

Exterior Features

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

Garage/Parking

  • Parking Garage: Covered Parking, Offsite

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Assoc Barbecue, Controlled Access, Elevator, Exercise Room, Fire Pit, Sun Deck
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 5144-014-073
  • Geocode Override: No
  • Lot Size Area: 12863

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2012
Sold by
Meruelo Maddux Properties 760 S Hill Str
Bought by
Onni Union Lofts Limited Partnership
Current Estimated Value
$427,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,000,000
Outstanding Balance
$11,807,576
Interest Rate
3.65%
Mortgage Type
Commercial
Estimated Equity
-$11,350,987
Source: Public Records

Range of Values:

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Average Value
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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
Onni Union Lofts Limited Partnership $28,750,287 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Onni Union Lofts Limited Partnership $17,000,000
Closed Onni Union Lofts Limited Partnership $17,000,000
Previous Owner Meruelo Maddux Properties $20,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2018 07/01/18 Rented $1,850 0.0% --
06/24/2018 06/24/18 Price Changed $1,850 -12.1% $3 / Sq Ft
06/08/2018 06/08/18 Price Changed $2,105 +7.9% $3 / Sq Ft
05/10/2018 05/10/18 For Rent $1,950 -- --
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 $2,931 $236,423 $111,070 $125,353
2024 $2,931 $231,789 $108,893 $122,896
2023 $2,875 $227,245 $106,758 $120,487
2022 $2,743 $222,790 $104,665 $118,125
2021 $2,703 $218,422 $102,613 $115,809
2019 $2,536 $204,670 $96,152 $108,518
2018 $2,582 $204,670 $96,152 $108,518
2016 $2,324 $184,700 $86,700 $98,000
2015 $1,550 $120,000 $50,000 $70,000
2014 $1,593 $120,000 $60,000 $60,000
Source: Public Records

Agents Affiliated with this Home

  • Alexis Alegre

    Landlord's Agent in 2018

    Alexis Alegre

    Smart LA Realty

    (714) 365-4480

    1 in this area

    3 Total Sales

    Alexis Alegre
    Section Image
  • Tiffany Gatto

    Landlord's Co-Listing Agent in 2018

    Tiffany Gatto

    Smart LA Realty

    (213) 447-4130

    2 in this area

    8 Total Sales

    Tiffany Gatto
    Section Image
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Map

Source: The MLS

MLS Number: 18-343040

The MLS

APN: 5144-014-073

California Los Angeles County Los Angeles 90014 Downtown LA

760 S Hill St Unit 504, Los Angeles, CA

This home is located at 760 S Hill St Unit 504, Los Angeles, CA 90014 since 10 May 2018 and is currently priced at $427,816. This property was built in 1928. 760 S Hill St Unit 504 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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