NOT LISTED FOR SALE

812 S Spring St Unit 5 Los Angeles, CA 90014

Downtown LA Neighborhood

Estimated Value: $935,687 - $1,142,000

1 Bed
1 Bath
1,640 Sq Ft
2,047 Sq Ft Lot

Last Sold September 12, 2012

Last sale price $565,000 $345 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $6,454/month

27 Days on Market

Highlights

  • City Lights View
  • Controlled Access
  • Central Heating and Cooling System
  • Loft
  • Laundry Room
  • Concrete Flooring

About This Home

As of September 2012

The Tomahawk Building c.1914: Here's a rare opportunity to own an entire floor in an historic building in Downtown Los Angeles! This huge, 1640 sqft live/work loft is your private, bright and creative space, stretching street to street, meaning views of, above and beyond BOTH Spring and Main Streets! Nowhere else will you have this opportunity to posses your own private elevator entrance, and your own private floor in Downtown Los Angeles! The unit is adorned with huge, original, double-hung windows bathing the loft in an abundant supply of natural light. Additional touches include a Bulthaup kitchen, birch built-in bookcases and storage, towering ceilings and period-accurate window blinds. Perfect for the photographer, designer, creative business person, or simply an urban masterpiece to call home. The building is Mills Act approved, and qualifies for significant savings on the homeowners property taxes.

Last Agent to Sell the Property

Kerry Marsico

Compass License #01456415 Listed on: 06/28/2012

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,112

Year Built

  • Built in 1914

Lot Details

  • 2,047

Property Views

  • City Lights
  • Views of a landmark
  • Mountain

Interior Spaces

  • 1,640 Sq Ft Home
  • 1-Story Property
  • Loft
  • Concrete Flooring

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry Room
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5144-016-073

Community Details

Overview

  • 8 Units
  • Low-Rise Condominium

Pet Policy

  • Pets Allowed

Additional Features

  • Controlled Access
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,112

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Street Number Display: Yes
  • Complex Name: The Tomahawk Building
  • Entry Floor: 5
  • Living Area: 1640
  • Planned Urban Dev: 0
  • Stories: 1
  • Unit Floor In Building: 5
  • Year Built: 1914
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Cement
  • Bedrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Elevator, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 359.15

Exterior Features

  • Balcony: No
  • Exposure: West+East
  • Pool: No
  • View: City Lights, Landmark, Mountains, Walk Street
  • View: Yes

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Controlled Access, Elevator
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 526.00
  • Unit Location: Entire Flr

Lot Info

  • Assessor Parcel Number: 5144-016-073

Multi Family

  • Number Of Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2020
Sold by
Paletz Darren
Bought by
Paletz Darren and Paletz Samantha
Current Estimated Value
$1,115,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$533,183
Interest Rate
2.85%
Mortgage Type
New Conventional
Estimated Equity
$511,989

Purchase Details

Listed on
Jun 28, 2012
Closed on
Aug 7, 2012
Sold by
Grossberg Nodelman Debra
Bought by
Paletz Darren
Seller's Agent
Kerry Marsico
Compass
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$589,000
Sold Price
$565,000
Premium/Discount to List
-$24,000
-4.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%
Original Mortgage
$452,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 18, 2007
Sold by
Johnson Janice
Bought by
Johnson Janice L and The Janice L Johnson 1998 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,600
Interest Rate
6.18%
Mortgage Type
Commercial

Purchase Details

Closed on
May 5, 2007
Sold by
Flatiron Development Co
Bought by
Grossberg Nodelman Debra and Johnson Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,600
Interest Rate
6.18%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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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
Paletz Darren -- Chicago Title Company
Paletz Darren $565,000 Equity Title Company
Johnson Janice L -- Accommodation
Grossberg Nodelman Debra $633,000 Chicago Title Subdivision
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paletz Darren $600,000
Closed Paletz Darren $452,000
Previous Owner Grossberg Nodelman Debra $505,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2012 09/12/12 Sold $565,000 -4.1% $345 / Sq Ft
07/25/2012 07/25/12 Pending -- -- --
06/28/2012 06/28/12 For Sale $589,000 -- $359 / Sq Ft
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 $4,112 $305,000 $61,000 $244,000
2024 $4,112 $305,000 $61,000 $244,000
2023 $4,099 $305,000 $61,000 $244,000
2022 $3,985 $305,000 $61,000 $244,000
2021 $3,992 $305,000 $61,000 $244,000
2020 $3,216 $255,000 $51,000 $204,000
2019 $3,782 $255,000 $51,000 $204,000
2018 $3,441 $255,000 $51,000 $204,000
2017 $3,272 $252,000 $50,400 $201,600
2016 $3,955 $312,000 $62,400 $249,600
2015 $3,949 $312,000 $62,400 $249,600
2014 $2,298 $312,000 $62,400 $249,600
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2012

    Kerry Marsico

    Compass

  • S

    Buyer's Agent in 2012

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: The MLS

MLS Number: 12-609623

The MLS

APN: 5144-016-073

California Los Angeles County Los Angeles 90014 Downtown LA

812 S Spring St Unit 5, Los Angeles, CA

This home is located at 812 S Spring St Unit 5, Los Angeles, CA 90014 since 28 June 2012 and is currently estimated at $1,045,172, approximately $637 per square foot. This property was built in 1914. 812 S Spring St Unit 5 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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