NOT LISTED FOR SALE

Beacon Lofts 825 E 4th St Unit 408 Los Angeles, CA 90013

Downtown LA Neighborhood

Estimated Value: $561,000 - $756,000

1 Bed
1 Bath
900 Sq Ft
$508/mo HOA Fee

Last Sold February 12, 2021

Last sale price $610,000 $678 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,643/month

258 Days on Market

Highlights

  • City Lights View
  • 43,104 Sq Ft lot
  • Breakfast Area or Nook
  • Felicitas and Gonzalo Mendez High Rated A-
  • Modern Architecture
  • 5-minute walk to Arts District Dog Park

About This Home

As of February 2021

Welcome to Beacon lofts located in the prime Arts District neighborhood. The Beacon Lofts provides artist lofts designed for dynamic city living and space for the creative arts. Constructed in 1923, the Beacon Lofts was modernized by Peklar Pilavjian in 2012. This unit boasts high ceilings, original concrete floors, open kitchens and a roof top area with a hot tub and grilling station. Security guard on premises. Property comes equipped with stainless steel appliances, washer dryer, large windows and access to many of LA?s favorite businesses. Neighborhood amenities within walking distance: Little Tokyo Market Place, Gold Line Metro Station, Purple line 1st/central station (coming soon), Pie hole, Urth cafe, Container yard, At mateo mall, Bestia, Inko nito, Bavel, Arts district brewery, Angel city brewery, Salt & Straw, Everson Royce and much much much more.

Last Agent to Sell the Property

Nicole Contreras

Christie's International Real Estate SoCal License #01512844 Listed on: 05/15/2020

Christie's International Real Estate SoCal

Last Buyer's Agent

Brenda Catalano

Coldwell Banker Realty License #00828758

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,050

Year Built

  • Built in 1923

Lot Details

  • 0.99

HOA Fees

  • $508 Monthly HOA Fees

Home Design

  • Modern Architecture
  • Entry on the 4th floor

Interior Spaces

  • 900 Sq Ft Home
  • Concrete Flooring
  • City Lights Views
  • Laundry in unit

Kitchen

  • Breakfast Area or Nook
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • Automatic Gate

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5163-011-069

Community Details

Overview

  • 53 Units

Pet Policy

  • Pets Allowed

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,050

Year Built

Built in 1923

Lot Details

0

HOA Fees

$508 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Street Number Display: Yes
  • Complex Name: Prime Association
  • Entry Floor: 4
  • Living Area: 900
  • Planned Urban Dev: 0
  • Year Built: 1923
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Cement
  • Bedrooms: 1
  • 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: Dishwasher
  • Price Per S Q F T: 687.78

Exterior Features

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

Garage/Parking

  • Other Spaces: 1

Utilities

  • Cooling: Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Automatic Gate

Association/Amenities

  • Amenities: Controlled Access
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 508.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5163-011-069
  • Geocode Override: No
  • Lot Size Area: 43104

Multi Family

  • Number Of Units: 53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2015
Sold by
Najafabadi Mondana
Bought by
Chong & Najafabadi Trust and Najafabadi Mondana
Current Estimated Value
$657,892

Purchase Details

Listed on
Nov 6, 2012
Closed on
Feb 1, 2013
Sold by
Alameda & Fourth Llc
Bought by
Najfabadi Elahe and Abbasi Behereh
Seller's Agent
Kathy Klingele
Urbana Inc.
Buyer's Agent
David Kean
Beverly and Company, Inc.
List Price
$399,000
Sold Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.99%
Original Mortgage
$266,000
Outstanding Balance
$184,864
Interest Rate
3.36%
Mortgage Type
New Conventional
Estimated Equity
$473,028
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
Chong & Najafabadi Trust -- None Available
Najafabadi Mondana -- None Available
Najfabadi Elahe $399,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Najfabadi Elahe $266,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/12/2021 02/12/21 Sold $610,000 -1.5% $678 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
12/16/2020 12/16/20 Price Changed $619,000 -1.6% $688 / Sq Ft
10/13/2020 10/13/20 Price Changed $629,000 -0.9% $699 / Sq Ft
09/11/2020 09/11/20 Price Changed $635,000 -0.6% $706 / Sq Ft
05/15/2020 05/15/20 For Sale $639,000 0.0% $710 / Sq Ft
05/11/2017 05/11/17 Rented $2,900 +3.8% --
05/11/2017 05/11/17 Under Contract -- -- --
04/25/2017 04/25/17 For Rent $2,795 0.0% --
02/22/2013 02/22/13 Sold $399,000 0.0% $405 / Sq Ft View Prior Sale
12/02/2012 12/02/12 Pending -- -- --
11/06/2012 11/06/12 For Sale $399,000 -- $405 / 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 $8,050 $660,282 $324,729 $335,553
2024 $8,050 $647,336 $318,362 $328,974
2023 $7,891 $634,644 $312,120 $322,524
2022 $7,518 $622,200 $306,000 $316,200
2021 $5,593 $453,913 $136,514 $317,399
2020 $5,647 $449,260 $135,115 $314,145
2019 $5,427 $440,452 $132,466 $307,986
2018 $5,406 $431,817 $129,869 $301,948
2016 $5,169 $415,051 $124,827 $290,224
2015 $5,095 $408,817 $122,952 $285,865
2014 $5,110 $400,810 $120,544 $280,266
Source: Public Records

Agents Affiliated with this Home

  • Nicole Contreras

    Seller's Agent in 2021

    Nicole Contreras

    Christie's International Real Estate SoCal

    (310) 562-6677

    1 in this area

    51 Total Sales

    Nicole Contreras
    Section Image
  • Brenda Catalano

    Buyer's Agent in 2021

    Brenda Catalano

    Coldwell Banker Realty

    (310) 614-6659

    1 in this area

    15 Total Sales

    Brenda Catalano
    Section Image

  • M

    Seller's Agent in 2017

    Mark Priceman

    Compass

  • K

    Seller's Agent in 2013

    Kathy Klingele

    Urbana Inc.

    Section Image

  • D

    Buyer's Agent in 2013

    David Kean

    Beverly and Company, Inc.

    Section Image
See All Agents

About Beacon Lofts

Map

Source: The MLS

MLS Number: 20-579382

The MLS

APN: 5163-011-069

California Los Angeles County Los Angeles 90013 Downtown LA

825 E 4th St Unit 408, Los Angeles, CA

Not Listed for Sale

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