NOT LISTED FOR SALE
1 Bed
1 Bath
1,334 Sq Ft
0.59 Acres

Highlights

  • 25,504 Sq Ft lot
  • Wood Flooring
  • Laundry Facilities
  • Felicitas and Gonzalo Mendez High Rated A-

About This Home

As of May 2012

Newberry Lofts located in what is now "The Arts District," was originally the primary warehouse for J. R. Newberry Co., a Los Angeles grocery store chain which housed a candy store, blacksmith shop, and restaurant. The building is eligible under Criterion C as a representative example of industrial warehouses at the turn of the century.Our beautifully renovated lofts feature exposed brick walls, floor to ceiling windows, city views, granite kitchens, baths and elegant lighting.

Last Agent to Rent the Property

Ted Trentman

Realty Source Incorporated License #01780236 Listed on: 04/27/2012

Last Renter's Agent

Delancey Webster

Keller Williams Pasadena Mrkt License #01875610

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $242,179

Year Built

  • Built in 1904

Lot Details

  • 0.59

Interior Spaces

  • 1,334 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Oven or Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $500
  • 12 Month Lease Term
  • Assessor Parcel Number 5163-005-006

Community Details

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • 45 Units
  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$242,179

Year Built

Built in 1904

Lot Details

0

Rental Info

  • Security Deposit: 500

Listing Details

  • Property Type: Residential Lease
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Complex Name: Newberry Lofts
  • Entry Floor: 1
  • Lease Terms: 1-Year
  • Living Area: 1334
  • Stories: 1
  • Unit Floor In Building: 1
  • Year Built: 1904
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Cable, Elevator, Range/Oven, Refrigerator
  • Price Per S Q F T: 1.57

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Utilities

  • Cooling: Wall/Window

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5163-005-006
  • Lot Size Area: 25504

Multi Family

  • Number Of Units: 45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2015
Sold by
900 East Pacific Lp
Bought by
Newberry Dtla Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,656,000
Interest Rate
4.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 2012
Sold by
900 1St Street Llc
Bought by
900 East Pacific Lp

Purchase Details

Closed on
Dec 6, 2004
Sold by
F & F Artist Lofts Associates Llc
Bought by
900 1St Street Llc

Purchase Details

Closed on
Jul 19, 2000
Sold by
900 East First Street Associates
Bought by
F & F Artists Lofts Associates Llc
Source: Public Records

Range of Values:

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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
Newberry Dtla Llc $42,725 Fidelity National Title Co
Newberry Dtla Llc $42,725 Fidelity National Title Co
900 East Pacific Lp $3,938,539 Fidelity National Title
900 East Pacific Lp $3,938,539 Fidelity National Title
900 1St Street Llc -- Chicago Title Company
900 1St Street Llc -- Chicago Title Company
F & F Artists Lofts Associates Llc -- First American Title Ins
F & F Artists Lofts Associates Llc -- First American Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newberry Dtla Llc $14,800,000
Closed Newberry Dtla Llc $16,300,000
Closed Newberry Dtla Llc $2,656,000
Previous Owner 900 East Pacific Lp $8,000,000
Previous Owner 900 1St Street Llc $5,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2012 05/15/12 Rented $1,900 -9.5% --
05/15/2012 05/15/12 Under Contract -- -- --
04/27/2012 04/27/12 For Rent $2,100 -- --
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 $242,179 $19,437,953 $8,286,582 $11,151,371
2024 $242,179 $19,056,817 $8,124,100 $10,932,717
2023 $237,425 $18,683,154 $7,964,804 $10,718,350
2022 $226,532 $18,316,819 $7,808,632 $10,508,187
2021 $223,586 $17,957,667 $7,655,522 $10,302,145
2019 $217,101 $17,425,035 $7,428,456 $9,996,579
2018 $216,236 $17,083,368 $7,282,800 $9,800,568
2016 $223,683 $16,420,000 $7,000,000 $9,420,000
2015 $118,561 $8,976,387 $3,751,918 $5,224,469
2014 -- $8,800,553 $3,678,424 $5,122,129
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-596749

The MLS

APN: 5163-005-006