NOT LISTED FOR SALE

814 S Spring St Unit 3 Los Angeles, CA 90014

Downtown LA Neighborhood

Estimated Value: $922,403 - $1,125,000

1 Bed
1 Bath
1,820 Sq Ft
2,047 Sq Ft Lot

Last Sold June 15, 2012

Last sale price $390,000 $214 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $6,224/month

457 Days on Market

Highlights

  • City Lights View
  • High Ceiling
  • Built-In Features
  • Loft
  • Open to Family Room
  • Bathtub with Shower

About This Home

As of June 2012

AGENTS PLEASE READ PRIVATE COMMENTS A rare, exclusive opportunity for designers, business owners, and residents! The Tomahawk, a historic (1914) 8 unit live/work building is located on Gallery Row. The neighborhood is filled with designers, fashion showrooms, artists, galleries, restaurants, and clubs.These lofts are rarely available for resale. Stunning views are showcased from over-sized windows on both East and West side of the unit, stretching from Main to Spring Streets. Gorgeous, high ceilings! Renovated with renowned German kitchen designer Bulthaup, built in Miele oven, cooktop, and dishwasher. Each unit has its own floor with direct and private elevator access. Mills Act approved for significant property tax savings (up to 70%). UNIT IS OCCUPIED Short Sale-There is NO parking with this unit

Last Agent to Sell the Property

K Blair Besten

Keller Williams Larchmont License #01757838 Listed on: 01/17/2011

Co-Listed By

Daniel Schorer

Keller Williams Larchmont License #01496032

Last Buyer's Agent

Ray Nguyen

License #01462355

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,028

Year Built

  • Built in 1914

Lot Details

  • Gated Home

Interior Spaces

  • 1,820 Sq Ft Home
  • Built-In Features
  • High Ceiling
  • Loft
  • Concrete Flooring
  • City Lights Views

Kitchen

  • Open to Family Room
  • Oven or Range
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5144-016-071

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 8 Units
  • Controlled Access
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,028

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: Tomahawk Building
  • Entry Floor: 3
  • Entry Location: Elevator
  • Living Area: 1820
  • Planned Urban Dev: 0
  • Unit Floor In Building: 3
  • Year Built: 1914
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: 12
  • Stories: 0

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+)
  • Flooring: Cement
  • Bedrooms: 1
  • Full Bathroom: 1
  • Bathroom Features: Linen Closet, Shower Over Tub
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Kitchen Island
  • Kitchen Features: Open to Family Room
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Built-Ins, Cable, Dishwasher, Dryer, Elevator, Freezer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 219.23

Exterior Features

  • Balcony: n/a
  • Exposure: n/a
  • Pool: No
  • View: City Lights
  • View: Yes

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Association/Amenities

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

Condo/Co-op/Association

  • HOA Fees: 526.00
  • Unit Location: n/a

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5144-016-071

Multi Family

  • Number Of Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2015
Sold by
Tonnu Hongnhan
Bought by
Le Baoloc and Tonnu Hongnhan
Current Estimated Value
$1,066,188

Purchase Details

Listed on
Jan 17, 2011
Closed on
Jun 6, 2012
Sold by
Gray David M
Bought by
Tonnu Hongnhan
Seller's Agent
K Blair Besten
Keller Williams Larchmont
Buyer's Agent
Ray Nguyen
List Price
$369,000
Sold Price
$390,000
Premium/Discount to List
$21,000
5.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.70%
Original Mortgage
$312,000
Outstanding Balance
$50,396
Interest Rate
3.79%
Mortgage Type
Commercial
Estimated Equity
$984,455

Purchase Details

Closed on
May 11, 2007
Sold by
Flatiron Development Co
Bought by
Gray David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,900
Interest Rate
6.12%
Mortgage Type
Commercial
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
Le Baoloc -- Accommodation
Tonnu Hongnhan $390,000 Fatcola
Gray David M $597,000 Chicago Title Subdivision
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tonnu Hongnhan $312,000
Previous Owner Gray David M $476,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2012 06/15/12 Sold $390,000 -2.3% $214 / Sq Ft
04/18/2012 04/18/12 Pending -- -- --
07/11/2011 07/11/11 Price Changed $399,000 -6.1% $219 / Sq Ft
06/03/2011 06/03/11 Price Changed $425,000 -2.3% $234 / Sq Ft
05/18/2011 05/18/11 Price Changed $435,000 +17.9% $239 / Sq Ft
01/17/2011 01/17/11 For Sale $369,000 -- $203 / 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 $4,028 $305,000 $61,000 $244,000
2024 $4,028 $305,000 $61,000 $244,000
2023 $4,015 $305,000 $61,000 $244,000
2022 $3,904 $305,000 $61,000 $244,000
2021 $3,910 $305,000 $61,000 $244,000
2019 $3,700 $255,000 $51,000 $204,000
2018 $3,357 $255,000 $51,000 $204,000
2016 $3,871 $312,000 $62,400 $249,600
2015 $3,866 $312,000 $62,400 $249,600
2014 $2,213 $312,000 $62,400 $249,600
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2012

    K Blair Besten

    Keller Williams Larchmont

  • D

    Seller Co-Listing Agent in 2012

    Daniel Schorer

    Keller Williams Larchmont

  • R

    Buyer's Agent in 2012

    Ray Nguyen

See All Agents

Map

Source: The MLS

MLS Number: 11-500845

The MLS

APN: 5144-016-071

California Los Angeles County Los Angeles 90014 Downtown LA

814 S Spring St Unit 3, Los Angeles, CA

This home is located at 814 S Spring St Unit 3, Los Angeles, CA 90014 since 17 January 2011 and is currently estimated at $1,034,851, approximately $568 per square foot. This property was built in 1914. 814 S Spring St Unit 3 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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