NOT LISTED FOR SALE

Estimated Value: $833,075 - $1,424,000

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

Sale Details

Date Sold: May 8, 2012

Last sale price $590,000 $360 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $6,544 / mo

8 Days on Market

Highlights

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

About This Home

As of May 2012

The Tomahawk Building c.1914 : Here's a once in a lifetime opportunity to own not only an entire floor, but an ENTIRE PENTHOUSE 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, from Spring to Main! Nowhere else will you have this opportunity to have your own private elevator entrance, your own floor, and, at Penthouse level! The unit is adorned with natural in-ceiling skylights which, in addition to the huge, original double-hung windows, bathe this loft in an abundant supply of natural light. 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: 03/29/2012

Last Buyer's Agent

Bill Cooper

Coldwell Banker Exclusive License #01309009

Coldwell Banker Exclusive

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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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1914

Lot Details

  • 2,047

Home Design

  • Penthouse
  • Entry on the 8th floor

Interior Spaces

  • 1 Bathroom
  • 1,640 Sq Ft Home
  • 1-Story Property
  • Loft
  • Concrete Flooring
  • City Lights Views
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Additional Features

  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5144-016-076

Community Details

Overview

  • 8 Units
  • Low-Rise Community

Pet Policy

  • Pets Allowed

Additional Features

  • Controlled Access
  • Elevator

Property Details

Home Type

Condominium

Year Built

Built in 1914

Lot Details

2,047 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: Tomahawk Building
  • Entry Floor: 8
  • Living Area: 1640
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1914
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Cement
  • Fireplaces: 0
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Equipment: Dishwasher, Elevator, Garbage Disposal, Range/Oven
  • Fireplace: No
  • Price Per S Q F T: 334.76

Exterior Features

  • Balcony: Fire Escap
  • Exposure: E and W
  • Pool: No
  • View: City Lights
  • View: Yes

Utilities

  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Gated

Association/Amenities

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

Condo/Co-op/Association

  • HOA Fees: 526.00
  • Unit Location: Entire Fl

Lot Info

  • Assessor Parcel Number: 5144-016-076

Multi Family

  • Number Of Units: 8

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2014
Sold by
Bought by
Current Estimated Value
$1,128,269

Purchase Details

Listed on
Mar 29, 2012
Closed on
Apr 11, 2012
Sold by
Bought by
Seller's Agent
Kerry Marsico
Compass
Buyer's Agent
Bill Cooper
Coldwell Banker Exclusive
List Price
$549,000
Sold Price
$590,000
Premium/Discount to List
$41,000
7.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.66%
Original Mortgage
$354,000
Interest Rate
4.05%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 29, 2012
Closed on
Mar 14, 2012
Sold by
Bought by
Seller's Agent
Kerry Marsico
Compass
Buyer's Agent
Bill Cooper
Coldwell Banker Exclusive
List Price
$549,000
Sold Price
$590,000
Premium/Discount to List
$41,000
7.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,000
Interest Rate
4.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 10, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$594,000
Interest Rate
7.25%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Downtown LA, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- None Available
$590,005 Provident Title Company
-- None Available
$742,500 Chicago Title Subdivision
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $400,000
Closed $354,000
Previous Owner $594,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/08/2012 05/08/12 Sold $590,000 +7.5% $360 / Sq Ft
03/29/2012 03/29/12 For Sale $549,000 -- $335 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,113 $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 $4,035 $305,000 $61,000 $244,000
2021 $3,992 $305,000 $61,000 $244,000
2019 $3,782 $255,000 $51,000 $204,000
2018 $3,441 $255,000 $51,000 $204,000
2016 $2,262 $170,000 $14,535 $155,465
2015 $2,256 $170,000 $14,535 $155,465
2014 $2,298 $170,000 $14,535 $155,465
Source: Public Records

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Map

Source: The MLS

MLS Number: 12-590871

The MLS

APN: 5144-016-076

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