$425,000
SOLD APR 15, 2024
-- Bed
1 Bath
660 Sq Ft
$574/mo HOA Fee

Recently Sold

$644 Per Sq Ft

19 Days on Market

Highlights

  • Spa
  • Automatic Gate
  • City Lights View
  • Felicitas and Gonzalo Mendez High Rated A-
  • Gated Community
  • 3-minute walk to Arts District Dog Park

About This Home

As of April 2024

3D TOUR: bit.ly/Beacon-109 Rare industrial Arts District loft for well under $500K. 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 newly remodeled 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 newly 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 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 Sell the Property

Jonathan Yuen

Coldwell Banker Exclusive License #01952091 Listed on: 03/01/2024

Coldwell Banker Exclusive

Last Buyer's Agent

Amy Feldmann

Rodeo Realty License #01962936

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,493

Year Built

  • Built in 1923

HOA Fees

  • $574 Monthly HOA Fees

Property Views

  • City Lights
  • Trees

Interior Spaces

  • 660 Sq Ft Home
  • Built-In Features
  • Living Room
  • Loft

Kitchen

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

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Automatic Gate
  • Controlled Entrance

Utilities

  • Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Additional Features

  • Spa
  • South Facing Home

Listing and Financial Details

  • Assessor Parcel Number 5163-011-039

Community Details

Overview

  • 53 Units
  • Maintained Community
  • 6-Story Property

Amenities

  • Outdoor Cooking Area
  • Sundeck
  • Community Barbecue Grill
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Card or Code Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,493

Year Built

Built in 1923

Lot Details

0

HOA Fees

$574 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Beacon Lofts
  • Entry Floor: 1
  • Living Area: 660
  • Lot Acreage: 0.9913
  • Planned Urban Dev: 0
  • Stories: 6
  • Unit Floor In Building: 1
  • Year Built: 1923
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Tile, Cement
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit, Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Built-Ins, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Network Wire, Range/Oven, Recirculated Exhaust Fan, Refrigerator, Washer
  • Fireplace: No
  • Price Per S Q F T: 643.94

Exterior Features

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

Garage/Parking

  • Other Spaces: 1
  • Parking Garage: Assigned, Gated, Controlled Entrance, Community Garage
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning, Wall Unit(s), Heat Pump(s)
  • Heating: Heat Pump, Wall
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Community, Fire and Smoke Detection System, Fire Sprinklers, Smoke Detector

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Elevator, Gated Community, Hot Water, Outdoor Cooking Area, Spa, Sun Deck
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 574.12
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5163-011-039

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 53

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
$418,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,111
Avg. Annual Appreciation
-1.13%

Purchase Details

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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $425,000 Provident Title Company
Grant Deed $239,000 Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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: 24-363833

The MLS

APN: 5163-011-039