Landlord's Agent in 2023
David Lukan
Compass
(213) 700-6515
15 in this area
57 Total Sales
814 S Spring St Unit 7 Los Angeles, CA 90014
Downtown LA NeighborhoodEstimated Value: $925,409 - $1,084,000
1
Bed
1
Bath
1,820
Sq Ft
$565/Sq Ft
Est. Value
Highlights
- Home Theater
- Elevator
- Walk-In Closet
- City Lights View
- Built-In Features
- Living Room
About This Home
As of April 2023Command the entire Seventh Floor (1-2 bedroom open-plan) loft, featuring a private keyed elevator that opens directly into the 1820ft home. Imbibe both SoCal sunrise and sunsets with east-to-west/end-to-end windows streaming with light or a gentle cross-breeze on those cool desert evenings. Shimmering polished black concrete floors contrast the natural warmth of ceiling-high custom (built-in) hardwood bookcases & cabinetry. All of this complemented by soaring 11-foot exposed concrete slab & beam ceilings. This huge loft has kitchen cabinets & custom island featuring an American-Walnut snack bar by Bulthaup; also with oven, stovetop and front-loading dishwasher all by Miele; built-in LG washer/dryer combo; and Sub-Zero refrigerator. The central HVAC system is a Diakin Fit variable-speed inverter not only quiet and efficient, but also maintaining a constant and even temperature while learning your own personal preferences. As one of the first modern buildings constructed during its time, the 8-story Tomahawk Building built in 1914, ushered in a building boom in Flat Iron Park where Spring and Main streets converge. The Tomahawk is a Los Angeles historic cultural monument, renovated with all new plumbing, wiring, and updated safety systems in 2004; meeting modern building, seismic and safety standards. Enjoy wholesale shopping and flowers, Broadway cafes, high-end designer shops; with some of DTLA's best dining all within steps of this one-of-a-kind SoHo-style loft.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,028
Year Built
- Built in 1914
Lot Details
- 2,064 Sq Ft Lot
- Property is zoned LAC2
Interior Spaces
- 1,820 Sq Ft Home
- Built-In Features
- Entryway
- Family Room
- Living Room
- Dining Area
- Home Theater
- Concrete Flooring
- Skyline Views
- Laundry in unit
Bedrooms and Bathrooms
- 1 Bedroom
- Walk-In Closet
- 1 Full Bathroom
Utilities
- Central Heating and Cooling System
Community Details
- Elevator
- Controlled Access
- 8-Story Property
Listing and Financial Details
- Security Deposit $11,000
- Tenant pays for electricity, cable TV, move in fee, move out fee
- 12 Month Lease Term
- Assessor Parcel Number 5144-016-075
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 18, 2019
Sold by
Uribe Hector
Bought by
Schultz Paul
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Outstanding Balance
$379,682
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$649,170
Purchase Details
Closed on
May 3, 2007
Sold by
Flatiron Development Co
Bought by
Schultz Paul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,050
Interest Rate
6.14%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schultz Paul | -- | Ticor Title Company Of Ca | |
| Schultz Paul | $687,000 | Chicago Title Subdivision |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schultz Paul | $428,000 | |
| Previous Owner | Filippone Vincent Marion | $315,200 | |
| Previous Owner | Schultz Paul | $0 | |
| Previous Owner | Schultz Paul | $103,050 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/03/2023 04/03/23 | Rented | $5,500 | +0.1% | -- |
| 03/14/2023 03/14/23 | Price Changed | $5,495 | -0.1% | $3 / Sq Ft |
| 01/30/2023 01/30/23 | For Rent | $5,500 | -- | -- |
Source: The MLS
Tax History Compared to Growth
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 | $2,179 | $170,000 | $14,535 | $155,465 |
| 2015 | $2,387 | $170,000 | $14,535 | $155,465 |
| 2014 | $2,213 | $170,000 | $14,535 | $155,465 |
Source: Public Records
Agents Affiliated with this Home
-
-
Tenant's Agent in 2023
Christiano Sampaio
Loftway
(310) 902-0616
44 in this area
62 Total Sales
Map
Source: The MLS
MLS Number: 23-237199
APN: 5144-016-075
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