NOT LISTED FOR SALE

Estimated Value: $622,000 - $646,000

1 Bed
1 Bath
1,060 Sq Ft
1.53 Acres

Highlights

  • Art Studio
  • Gated Community
  • 66,763 Sq Ft lot
  • Gated Parking
  • City Lights View
  • 5-minute walk to Arts District Dog Park

About This Home

As of August 2014

Totally amazing genuine industrial live-work open space with huge walk-in closet, this newer Beacon loft in Downtown's Arts District features a balcony, view, nice kitchen with stainless steel appliances and upgraded industrial lamps, exposed plumbing, polished concrete floors, concrete pillars, balcony and view. Washer-dryer combo in unit. Building has gated parking, rooftop deck with view and hot tub spa. At Fourth and Alameda streets on the edge of the Arts District near Little Tokyo stands Beacon industrial Lofts in Downtown L.A.? Walk to restaurants and shops in the Arts District and Little Tokyo, the Woori Market in the Little Tokyo Galleria is across the street. Available furnished or unfurnished.

Last Agent to Rent the Property

Corey Chambers

Corey Chambers License #01889449 Listed on: 08/05/2014

Last Renter's Agent

Ted Trentman

Realty Source Incorporated License #01780236

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1923

Lot Details

  • 1.53

Home Design

  • Modern Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 1,060 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Living Room
  • Dining Area
  • Den
  • Loft
  • Art Studio
  • Dance Studio
  • Concrete Flooring
  • City Lights Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • Dressing Area
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 1 Parking Space
  • Gated Parking
  • Assigned Parking

Additional Features

  • Open Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,400
  • Tenant pays for air cond/heat maint, cable TV, electricity, gas, insurance, interior maint, janitorial service, move in fee, move out fee, trash collection, water
  • 12-Month Minimum Lease Term
  • 12 Month Lease Term
  • Assessor Parcel Number 5163-011-044

Community Details

Amenities

  • Sundeck
  • Community Barbecue Grill
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $200

Additional Features

  • 58 Units
  • Gated Community

Condo Details

Home Type

Condominium

Year Built

Built in 1923

Lot Details

0

Rental Info

  • Pet Deposit: 200.00
  • Furnished: Furnished
  • Lease Length: 12
  • Security Deposit: 2400
  • Tenant Pays: Air Cond/Heat Maint, Cable TV, Electricity, Gas, Insurance, Interior Maint, Janitorial Service, Move In Fee, Move Out Fee, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Modern
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Complex Name: Beacon Lofts
  • Entry Floor: 2
  • Lease Terms: 1+Year
  • Living Area: 1060
  • Monthto Month: No
  • Stories: 1
  • Year Built: 1923
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Cement
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 2.26

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Assigned, Uncovered
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central, Forced Air

Association/Amenities

  • Amenities: Assoc Barbecue, Elevator, Gated Community, Gated Parking, Spa, Sun Deck
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 5163-011-044
  • Geocode Override: No
  • Lot Size Area: 66763

Multi Family

  • Number Of Units: 58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2013
Sold by
Alameda & Fourth Llc
Bought by
Wright Douglas W
Current Estimated Value
$635,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Outstanding Balance
$144,369
Interest Rate
3.36%
Mortgage Type
New Conventional
Estimated Equity
$490,729
Source: Public Records

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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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
Wright Douglas W $414,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Douglas W $207,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2014 08/27/14 Rented $2,400 -3.8% --
08/24/2014 08/24/14 Under Contract -- -- --
08/05/2014 08/05/14 For Rent $2,495 -- --
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 $6,222 $509,798 $152,689 $357,109
2024 $6,222 $499,803 $149,696 $350,107
2023 $6,098 $490,004 $146,761 $343,243
2022 $5,809 $480,397 $143,884 $336,513
2021 $5,735 $470,978 $141,063 $329,915
2019 $5,563 $457,011 $136,880 $320,131
2018 $5,540 $448,051 $134,197 $313,854
2016 $5,292 $430,654 $128,987 $301,667
2015 $5,216 $424,186 $127,050 $297,136
2014 $5,230 $415,878 $124,562 $291,316
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-783913

The MLS

APN: 5163-011-044