NOT LISTED FOR SALE

Beacon Lofts 825 E 4th St Unit 402 Los Angeles, CA 90013

Downtown LA Neighborhood

Estimated Value: $832,000 - $989,423

2 Beds
2 Baths
1,220 Sq Ft
$639/mo HOA Fee

Last Sold March 29, 2023

Last sale price $815,000 $668 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,609/month

28 Days on Market

Highlights

  • Gated Parking
  • City View
  • Community Spa
  • Felicitas and Gonzalo Mendez High Rated A-
  • 0.99 Acre Lot
  • 3-minute walk to Arts District Dog Park

About This Home

As of March 2023

Rarely available is this turn key 2 Bed, 2 Bath, 1,220sf live/work loft at the coveted Beacon Lofts in the Arts District. This bright north facing loft has a well thought out floor plan that flows seamlessly and offers a sizable kitchen that includes stainless steel appliances and modern cabinetry that is cloaked with a quartz counter top. Both bedrooms stem off of the main living space, the primary bedroom is enclosed and benefits from an ensuite full bathroom whilst the 2nd bedroom is open concept offering a variety of uses for the space that can easily be enclosed if desired. Additional features include polished concrete floors, high ceilings, ample closet space, central HVAC, in unit washer & dryer, and city views that can be enjoyed through large dual pane windows and on a spacious private balcony. Originally constructed in 1923 for The Bekins Moving Co, the Beacon was reimagined into lofts in 2012 by Peklar Pilavjian and offers resident amenities including a rooftop spa and BBQ/kitchen area, entertaining deck with panoramic city views, and a dog walk/run area. Also included are 2 secured gated parking spaces and all of this is offered with reasonable HOA dues. Ideally situated in a prime pocket of the arts district within a stones throw from some of the best shopping, dining, and entertainment offered in DTLA including Little Tokyo, Urth Caffe, Bestia, Bavel, Arts District Brewery, Angel City Brewery, Salt & Straw, Soho House, and Eighty Two to name a few. Must see to appreciate!

Last Agent to Sell the Property

David Lukan

Compass License #01873011 Listed on: 01/15/2023

Compass

Last Buyer's Agent

David Lukan

Compass License #01873011 Listed on: 01/15/2023

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,309

Year Built

  • Built in 1923

Lot Details

  • 0.99

HOA Fees

  • $639 Monthly HOA Fees

Interior Spaces

  • 1,220 Sq Ft Home
  • Built-In Features
  • Entryway
  • Living Room
  • Dining Area
  • Concrete Flooring
  • City Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Gated Parking
  • Uncovered Parking
  • Controlled Entrance

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5163-011-063

Community Details

Overview

  • 53 Units
  • 6-Story Property

Amenities

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

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,309

Year Built

Built in 1923

Lot Details

0

HOA Fees

$639 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Street Number Display: Yes
  • Complex Name: Beacon Lofts
  • Entry Floor: 4
  • Living Area: 1220
  • Lot Acreage: 0.9910
  • Planned Urban Dev: 0
  • Stories: 6
  • Unit Floor In Building: 4
  • Year Built: 1923
  • Number Of Photos: 37
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Stained Concrete
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 688.52

Exterior Features

  • Pool: No
  • View: City
  • View: Yes

Garage/Parking

  • Parking Garage: Uncovered, Controlled Entrance
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Fire and Smoke Detection System, Fire Sprinklers, Carbon Monoxide Detector(s)

Association/Amenities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 638.91
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5163-011-063
  • Lot Size Area: 43170

Multi Family

  • Number Of Units: 53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2023
Closed on
Mar 17, 2023
Sold by
Cheon Yong Min
Bought by
Cheon Yoon Hae
Seller's Agent
David Lukan
Compass
Buyer's Agent
David Lukan
Compass
List Price
$840,000
Sold Price
$815,000
Premium/Discount to List
-$25,000
-2.98%
Total Days on Market
28
Views
120
Current Estimated Value
$913,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,856
Avg. Annual Appreciation
5.32%
Original Mortgage
$652,000
Outstanding Balance
$635,737
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$278,119

Purchase Details

Listed on
Jan 15, 2023
Closed on
Mar 14, 2023
Sold by
Gladney Sybil Pearl
Bought by
Cheon Yoon Hae
Seller's Agent
David Lukan
Compass
Buyer's Agent
David Lukan
Compass
List Price
$840,000
Sold Price
$815,000
Premium/Discount to List
-$25,000
-2.98%
Views
120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,000
Outstanding Balance
$635,737
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$278,119

Purchase Details

Closed on
Dec 3, 2015
Sold by
Gladney Sybil Pearl and Farmer Traycee W
Bought by
Gladney Sybil Pearl and Farmer Traycee W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,200
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2013
Sold by
Alameda & Fourth Llc
Bought by
Gladney Sybil Pearl and Farmer Traycee W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.53%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Cheon Yoon Hae -- Provident Title Company
Cheon Yoon Hae $815,000 Provident Title Company
Gladney Sybil Pearl -- Wfg Title Company Of Ca
Gladney Sybil Pearl $449,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheon Yoon Hae $652,000
Previous Owner Gladney Sybil Pearl $441,500
Previous Owner Gladney Sybil Pearl $405,200
Previous Owner Gladney Sybil Pearl $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2023 03/29/23 Sold $815,000 -3.0% $668 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
01/15/2023 01/15/23 For Sale $840,000 -- $689 / 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
2024 $10,309 $831,300 $249,900 $581,400
2023 $6,704 $531,430 $159,781 $371,649
2022 $6,389 $521,011 $156,649 $364,362
2021 $6,309 $510,796 $153,578 $357,218
2019 $6,123 $495,648 $149,024 $346,624
2018 $6,101 $485,930 $146,102 $339,828
2016 $5,831 $467,063 $140,430 $326,633
2015 $5,748 $460,048 $138,321 $321,727
2014 $5,942 $451,037 $135,612 $315,425
Source: Public Records

Agents Affiliated with this Home

  • David Lukan

    Seller's Agent in 2023

    David Lukan

    Compass

    (818) 284-7560

    15 in this area

    54 Total Sales

    David Lukan
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About Beacon Lofts

Map

Source: The MLS

MLS Number: 22-227985

The MLS

APN: 5163-011-063

California Los Angeles County Los Angeles 90013 Downtown LA

825 E 4th St Unit 402, Los Angeles, CA

This home is located at 825 E 4th St Unit 402, Los Angeles, CA 90013 since 15 January 2023 and is currently estimated at $913,856, approximately $749 per square foot. This property was built in 1923. 825 E 4th St Unit 402 is a home located in Los Angeles County with nearby schools including Utah Street Elementary, Felicitas and Gonzalo Mendez High, and Theodore Roosevelt High School.

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