NOT LISTED FOR SALE

Estimated Value: $938,000 - $1,359,000

1 Bed
2 Baths
1,540 Sq Ft
$1,212/mo HOA Fee

Last Sold November 02, 2022

Last sale price $1,260,000 $818 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $7,984/month

188 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • City Lights View
  • 24-Hour Security
  • Primary Bedroom Suite
  • 4-minute walk to Grand Hope Park

About This Home

As of November 2022

One-of-a-kind designer live/work loft at the iconic and historic Art Deco monument, Eastern Columbia. Situated on the coveted southwest corner, the light-filled loft features polished concrete floors, tall ceilings, and a breathtaking display of windows with city views. This uniquely designed space includes bespoke finishes such as a semi-private bedroom (or office) tucked away with a Kelly-Wearstler-designed ensuite bathroom and custom closet with built-ins. On the other side of the loft is a custom murphy bed behind an original art piece, and a second bathroom with full shower. The open plan kitchen features a new backsplash, additional pantry storage, and the ideal flow for entertaining into the spacious and flexible living area. A row of custom banquette seating underneath the windows also offers plenty of hidden storage. On top of all this, the loft has a RARE DEEDED STORAGE UNIT--which the owner can sell or rent out. A prime assigned garage parking space with rights to a second space is also included with the unit. The building is a historic monument and is currently under the MILLS ACT contract, giving owners up to 70% off annual property taxes. The exceptional building features 24/7 front desk security, rooftop pool, hot tub, sundeck, courtyard, and fitness center. Within blocks to all the best of DTLA, such as art galleries, Proper Hotel, Ace Hotel, Hoxton Hotel, APPLE Flagship Store, Whole Foods, Mykita, Acne Studios, Gentle Monster, APC, Ganni, Paul Smith, Fashion District, Grand Central Market, City Market South, Crypto.com Area, tons of chic eateries and more.

Last Agent to Sell the Property

Yuri Huxley

Coldwell Banker Realty License #01917264 Listed on: 04/19/2022

Coldwell Banker Realty

Last Buyer's Agent

Yuri Huxley

Coldwell Banker Realty License #01917264 Listed on: 04/19/2022

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • End Unit
  • South Facing Home
  • Gated Home
  • Historic Home

HOA Fees

  • $1,212 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Controlled Entrance

Home Design

  • Art Deco Architecture
  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 1,540 Sq Ft Home
  • Built-In Features
  • High Ceiling
  • Drapes & Rods
  • Dining Area
  • Loft
  • Storage
  • Concrete Flooring
  • City Lights Views

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bidet
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 5144-017-123

Community Details

Overview

  • Association fees include water and sewer paid, trash, building and grounds, security
  • 147 Units
  • Eastern Columbia Lofts HOA
  • Maintained Community
  • 12-Story Property

Amenities

  • Sundeck
  • Lounge
  • Elevator
  • Lobby
  • Reception Area
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Card or Code Access

Property Details

Home Type

Condominium

Year Built

Built in 1930 | Remodeled

Lot Details

0

HOA Fees

$1,212 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Style: Art Deco
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Eastern Columbia Lofts
  • Entry Floor: 1
  • Entry Location: Other
  • Living Area: 1540
  • Lot Acreage: 0.5244
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 12
  • Year Built: 1930
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Built-Ins, Turnkey, Storage Space, Laundry - Closet Stacked
  • Flooring: Stained Concrete
  • Appliances: Cooktop - Gas, Microwave, Oven
  • Bedrooms: 1
  • Fireplaces: 0
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Suite, Main Floor Bedroom
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Linen Closet, Bidet, Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Granite Counters, Pantry
  • Laundry: In Unit, Inside, In Closet
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Electric Dryer Hookup, Garbage Disposal, Microwave, Washer, Vented Exhaust Fan, Refrigerator, Range/Oven, Built-Ins
  • Fireplace: No
  • Price Per S Q F T: 908.44
  • Windows: Drapes/Curtains

Exterior Features

  • Balcony: None
  • Direction Faces: South
  • Other Features: High Ceilings (9 Feet+), Historical, End Unit
  • Tennis Court Y/N: No
  • Exposure: Southwest
  • Pool Description: Association Pool
  • Pool: Yes
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Assigned, Attached, Community Garage, Controlled Entrance, Covered Parking, Door Opener
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Card/Code Access, Community, Gated, Gated Community with Guard, Guarded, Resident Manager

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Gated Community, Gated Community Guard, Fitness Center, Extra Storage, Security, Sun Deck, Onsite Property Management, Pool, Spa, Elevator
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Water and Sewer Paid, Trash, Building and Grounds, Security
  • High Rise: Entrance Lobby, On-Site Guard, Lounge, Reception Desk
  • HOA Fees: 1212.44
  • Management Company: Eastern Columbia Lofts HOA
  • HOA: Yes
  • Unit Location: Southwest

Lot Info

  • Assessor Parcel Number: 5144-017-123
  • Lot Description: Gated Community, Gated with Guard
  • Lot Location: City
  • Lot Size Area: 22844

Rental Info

  • Furnished: Furnished Or Unfurnished

Multi Family

  • Number Of Units: 147

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2006
Sold by
849 Broadway Real Estate Llc
Bought by
Mccarthy Gerald M
Current Estimated Value
$1,235,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,680
Interest Rate
6.37%
Mortgage Type
New Conventional
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
Mccarthy Gerald M $798,000 Landamerica Commercial Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccarthy Gerald M $628,680
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2022 11/02/22 Sold $1,260,000 -9.9% $818 / Sq Ft
10/24/2022 10/24/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $1,399,000 -- $908 / 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 $3,856 $250,000 $50,000 $200,000
2024 $3,856 $250,000 $50,000 $200,000
2023 $3,805 $250,000 $50,000 $200,000
2022 $3,578 $250,000 $50,000 $200,000
2021 $4,721 $349,000 $69,800 $279,200
2019 $3,206 $306,000 $61,200 $244,800
2018 $4,209 $306,000 $61,200 $244,800
2016 $2,295 $157,000 $48,000 $109,000
2015 $2,776 $157,000 $48,000 $109,000
2014 $2,441 $157,000 $48,000 $109,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-147748

The MLS

APN: 5144-017-123