NOT LISTED FOR SALE

Estimated Value: $376,000 - $485,000

-- Bed
1 Bath
660 Sq Ft
0.99 Acres

Last Sold April 15, 2024

Last sale price $425,000 $644 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,659/month

Highlights

  • Spa
  • City Lights View
  • Sundeck
  • Felicitas and Gonzalo Mendez High Rated A-
  • 0.99 Acre Lot
  • 5-minute walk to Arts District Dog Park

About This Home

As of January 2025

Rare industrial loft in the famed Downtown LA Arts District. Once a former storage facility and now transformed into the stunning Beacon Lofts, this spacious home features towering 13' high ceilings, beautiful epoxy sealed floors, and a recently updated bathroom. Throughout the home appreciate true industrial elements showcasing the exposed concrete walls and ceiling, open floorplan, and front row views of Arts Districts famed murals. The kitchen showcases a beautiful quartz countertop, stainless-steel appliances, gas range, and an abundance of cabinet storage all around. The remodeled bathroom offers pure relaxation with freshly laid wide format tiles, soothing soaking tub, and a newer in-unit washer/dryer combo unit. Included with the home is (1) assigned parking space along with several utilities paid for. As a resident of Beacon Lofts, enjoy access to an array of amenities including a rooftop sundeck with a bird's-eye view of the Downtown skyline, hot tub, BBQ grilling station, and dog run. Conveniently nestled near Little Tokyo, ROW DTLA, Soho House, Metro Station, and several highly acclaimed restaurants including Bestia, Bavel, and Girl & the Goat to name only a few.

Last Agent to Rent the Property

Jonathan Yuen

Coldwell Banker Exclusive License #01952091 Listed on: 02/22/2025

Coldwell Banker Exclusive

Last Renter's Agent

Jonathan Yuen

Coldwell Banker Exclusive License #01952091 Listed on: 02/22/2025

Coldwell Banker Exclusive

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,493

Year Built

  • Built in 1923

Lot Details

  • 0.99

Property Views

  • City Lights
  • Trees

Interior Spaces

  • 660 Sq Ft Home
  • Built-In Features
  • Concrete Flooring

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Assigned Parking
  • Controlled Entrance

Pool

  • Spa

Utilities

  • Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Security Deposit $2,450
  • Tenant pays for electricity, move in fee, move out fee, insurance
  • 12 Month Lease Term
  • Assessor Parcel Number 5163-011-039

Community Details

Overview

  • Maintained Community
  • 6-Story Property

Amenities

  • Sundeck
  • Community Barbecue Grill
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Controlled Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,493

Year Built

Built in 1923

Lot Details

0

Rental Info

  • Security Deposit: 2450
  • Tenant Pays: Electricity, Move In Fee, Move Out Fee, Insurance

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 660
  • Lot Acreage: 0.9913
  • Stories: 6
  • Year Built: 1923
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Cement
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Network Wire, Range/Oven, Recirculated Exhaust Fan, Refrigerator, Washer
  • Price Per S Q F T: 3.71

Exterior Features

  • Pool: No
  • Spa: Association Spa, Community
  • Spa Yn: Yes
  • View: City, City Lights, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Assigned, Controlled Entrance
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning, Wall Unit(s)
  • Heating: Wall, Electric

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Elevator, Hot Water, Sun Deck, Spa
  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 5163-011-039

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
Mar 27, 2024
Sold by
Lundy Lee
Bought by
825 E 4 Street Llc
Seller's Agent
Jonathan Yuen
Coldwell Banker Exclusive
Buyer's Agent
Jonathan Yuen
Coldwell Banker Exclusive
Sold Price
$2,350
Views
8
Current Estimated Value
$433,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,517
Avg. Annual Appreciation
1.28%

Purchase Details

Closed on
Jan 7, 2013
Sold by
Alameda & Fourth Llc
Bought by
Lundy Lee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
825 E 4 Street Llc $425,000 Provident Title Company
Lundy Lee $239,000 Chicago Title Company
Lundy Lee -- Chicago Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/22/2025 02/22/25 For Rent $2,450 0.0% --
01/26/2025 01/26/25 Rented $2,450 0.0% --
01/23/2025 01/23/25 Off Market $2,450 -- --
01/13/2025 01/13/25 For Rent $2,450 +4.3% --
05/14/2024 05/14/24 Rented $2,350 0.0% --
05/04/2024 05/04/24 Under Contract -- -- --
04/24/2024 04/24/24 For Rent $2,350 0.0% --
04/15/2024 04/15/24 Sold $425,000 0.0% $644 / Sq Ft View Prior Sale
03/20/2024 03/20/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $425,000 -- $644 / 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 $4,493 $433,500 $303,450 $130,050
2024 $4,493 $354,930 $106,236 $248,694
2023 $4,405 $347,971 $104,153 $243,818
2022 $4,195 $341,149 $102,111 $239,038
2021 $4,144 $334,460 $100,109 $234,351
2019 $4,021 $324,542 $97,141 $227,401
2018 $4,002 $318,180 $95,237 $222,943
2017 $3,919 $311,942 $93,370 $218,572
2016 $3,827 $305,827 $91,540 $214,287
2015 $3,772 $301,234 $90,165 $211,069
2014 $3,786 $295,334 $88,399 $206,935
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25-481185

The MLS

APN: 5163-011-039