NOT LISTED FOR SALE

Estimated Value: $526,000 - $657,000

1 Bed
2 Baths
1,030 Sq Ft
$901/mo HOA Fee

Last Sold October 16, 2023

Last sale price $535,000 $519 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,394/month

67 Days on Market

Highlights

  • City View
  • Loft
  • Elevator
  • Wood Flooring
  • Furnished
  • 2-minute walk to Spring Street Park

About This Home

As of October 2023

HUGE PRICE REDUCTION! Rich in architectural details, stunning and historic. Live in the heart of the City at El Dorado Lofts. Be greeted by beautiful turn-of-the-century terracotta and a green glazed brick facade. Built in 1914 and once home to Charlie Chaplin, the building is listed on the National Register of Historic Places. The building is Mills Act approved, allowing owners to receive a reduction in property taxes.The highly desirable corner unit faces South and West. Wow-factor floor-to-ceiling sliding balcony doors w/ 2 private step out balconies offering unique and expansive views of the Historic Core. Hardwood floors, exposed cement beams, accent concrete walls and high ceilings. Natural light emanates throughout. Unique with a completely enclosed bedroom, which is rare for a Downtown LA loft. 2 spacious bathrooms. An open concept living room and kitchen. Washer and dryer in unit and plenty of storage space. Comfort and privacy in the most lively & diverse neighborhood in the U.S. Unwind after work at the Piano Bar downstairs, the Stowaway. A stone's throw away from Grand Central Market, the Last Bookstore and plenty of fine dining options, museums, and concert halls. Easily accessible to public transportation. Downtown LA is a destination for art, culture, and entertainment.

Last Agent to Sell the Property

Alma Lam

eXp Realty of California Inc License #01926963 Listed on: 07/07/2023

eXp Realty of California Inc

Last Buyer's Agent

Greg Stangl

The Agency License #01440433

The Agency

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,019

Year Built

  • Built in 1914

Lot Details

  • 10,332

HOA Fees

  • $901 Monthly HOA Fees

Property Views

  • Park or Greenbelt

Interior Spaces

  • 1,030 Sq Ft Home
  • Furnished
  • Living Room
  • Loft

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Additional Features

  • South Facing Home
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 5149-038-009

Community Details

Overview

  • 66 Units
  • 13-Story Property

Pet Policy

  • Pets Allowed

Additional Features

  • Elevator
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,019

Year Built

Built in 1914

Lot Details

0

HOA Fees

$901 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: El Dorado Homeowners Association
  • Entry Floor: 3
  • Living Area: 1030
  • Lot Acreage: 0.2372
  • Planned Urban Dev: 0
  • Stories: 13
  • Unit Floor In Building: 3
  • Year Built: 1914
  • Number Of Photos: 38
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Mixed, Cement
  • Bedrooms: 1
  • 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, In Closet
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Gas Or Electric Dryer Hookup, Washer, Range/Oven, Refrigerator
  • Price Per S Q F T: 533.01

Exterior Features

  • Direction Faces: South
  • Pool: No
  • View: City, Park
  • View: Yes

Utilities

  • Cooling: Air Conditioning
  • Heating: Electric
  • Security: Card/Code Access

Association/Amenities

  • Amenities: Controlled Access, Elevator
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 901.16
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5149-038-009
  • Lot Size Area: 10334

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units: 66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Sep 29, 2023
Sold by
Pap Edson G
Bought by
Wu Jiawei
Seller's Agent
Alma Lam
eXp Realty of California Inc
Buyer's Agent
Greg Stangl
The Agency
List Price
$629,000
Sold Price
$535,000
Premium/Discount to List
-$94,000
-14.94%
Views
306
Current Estimated Value
$586,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,966
Avg. Annual Appreciation
3.85%

Purchase Details

Listed on
Jul 7, 2023
Closed on
Sep 28, 2023
Sold by
Previsich Nicholas P and Previsich Kazuko Y
Bought by
Wu Jiawei
Seller's Agent
Alma Lam
eXp Realty of California Inc
Buyer's Agent
Greg Stangl
The Agency
List Price
$629,000
Sold Price
$535,000
Premium/Discount to List
-$94,000
-14.94%
Views
306

Purchase Details

Closed on
Nov 2, 2010
Sold by
Msgg El Dorado Realty Partners Llc
Bought by
Previsich Nicholas P and Previsich Kazuko Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,460
Interest Rate
4.21%
Mortgage Type
Commercial
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
Wu Jiawei -- Wfg National Title
Wu Jiawei $535,000 Wfg National Title
Previsich Nicholas P $395,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Previsich Nicholas P $342,000
Previous Owner Previsich Nicholas P $355,460
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $535,000 -2.6% $519 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
08/24/2023 08/24/23 Price Changed $549,000 -6.8% $533 / Sq Ft
07/27/2023 07/27/23 Price Changed $589,000 -6.4% $572 / Sq Ft
07/07/2023 07/07/23 For Sale $629,000 -- $611 / 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 $3,019 $203,000 $40,600 $162,400
2024 $3,019 $203,000 $40,600 $162,400
2023 $2,901 $203,000 $40,600 $162,400
2022 $2,794 $203,000 $40,600 $162,400
2021 $2,783 $203,000 $40,600 $162,400
2019 $2,729 $217,000 $43,400 $173,600
2018 $2,946 $217,000 $43,400 $173,600
2016 $2,649 $200,000 $40,000 $160,000
2015 $2,612 $200,000 $40,000 $160,000
2014 $2,699 $412,823 $161,994 $250,829
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-288179

The MLS

APN: 5149-038-009