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Sold for $955,000
  • Tax assessed value
    $955,000

    500 Molino St APT 301, Los Angeles, CA 90013

    0beds
    1,280sqft
    Residential, Condominium
    Built in 1923
    -- sqft lot
    $910,600 Zestimate®
    $746/sqft
    $3,220 Estimated rent

    Home value

    $910,600

    $838,000 - $993,000

    $3,220/mo

    Zestimate® history
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    What's special

    Congrats, you have arrived to the right place! Step into this one-of-a-kind live/work urban loft, where modern details meet artistic charm, super private top floor corner unit.. Imagine the open, airy spaces of a classic New York City loft with a 19-foot ceilings at its highest peak, exposed brick walls, and original hardwood floors that tell a story of their own blended seamlessly with bold, creative touches that offer the perfect canvas for your personal style. Natural light pours through oversized windows, illuminating every inch of the space, creating an inviting atmosphere perfect for both living and working. The layout is as versatile as it is stunning, ideal for the visionary who craves flexibility and inspiration in their everyday environment. The loft's kitchen is a chef's dream: an updated, modern space featuring a premium Wolf range, stainless steel appliances, brand-new exhaust vent installed above the stove, and gorgeous soapstone countertops. The centerpiece is the oversized kitchen island, crowned with a rich padauk wood top that adds warmth and sophistication to the space. Designer wallpaper accents add a flair of elegance, complementing the fresh white paint on most walls, creating a harmonious blend of modern and timeless design. You'll also find a spacious walk-in closet that offers ample storage, ensuring everything has its place while maintaining the loft's clean, open aesthetic. Step outside onto your private balcony to take in breathtaking views of the 4th Street Bridge and glittering city lights - a perfect spot to unwind with the city as your backdrop. Beyond the unit, the Molino Lofts building itself exudes charm and prestige. It's a well-maintained, historic building that offers residents a blend of luxury and comfort. The rooftop deck is a sight to see, providing stunning panoramic views of the city skyline, serene oasis to enjoy day or night. Residents also have access to a fully equipped gym, making it easy to maintain a healthy lifestyle without leaving the building. For convenience, there's rooftop parking just a short distance from the unit, providing quick and easy access to your vehicle. In the heart of the Arts District, this loft is just a super short distance to some of the best restaurants and coffee shops in town, including Girl & the Goat, Manuela, Zinc Cafe & Market, Urth Cafe, Far Bar, Garons de Caf, Redbird, Wurstkuche, and so much more. The vibrant, walkable neighborhood puts the city's finest dining and culture right at your doorstep. For the discerning buyer who values both function and style, this urban loft offers not just a place to live, but a lifestyle fusion of history, art, and convenience wrapped into one amazing space." Please note, a special assessment fee of $316.31 will be due on December 1st, 2024, alongside the regular monthly assessment. The purpose of the special assessment is to partially offset the sharp increase in the insurance premium.

    Zillow last checked:

    Listing updated:

    Listed by:

    Antonia Pennington DRE # 02117673 818-274-4685,

    Compass 323-593-6999

    Bought with:

    Jeremy Fischer, DRE # 01956911

    Nourmand & Associates-HW

    Source: CLAW,MLS#: 24-438193MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Loft, Walk-In Closet
    Bathroom
    • Features: Shower Over Tub, Tile, Low Flow Toilet(s)
    Kitchen
    • Features: Counter Top, Kitchen Island, Stone Counters
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Gas Oven, Gas Cooking Appliances, Gas Cooktop, Disposal, Dishwasher, Exhaust Fan, Range/Oven, Refrigerator, Central Water Heater
    • Laundry: Laundry Closet Stacked, Stackable W/D Hookup, Gas Dryer Hookup
    Features
    • High Ceilings, Open Floorplan, Living Room
    • Flooring: Hardwood, Tile
    • Windows: Blinds
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 1,280
    • Total interior livable area: 1,280 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Above Street Level, Community Structure, Secured, Gated, Deck
    • Has garage: Yes
    • Uncovered spaces: 1
    Features
    • Levels: One
    • Entry location: Elevator
    • Patio & porch: Deck, Roof Top Deck
    • Exterior features: Balcony
    • Pool features: In Ground, Community
    • Spa features: None
    • Fencing: None
    • Has view: Yes
    • View description: City, Bridge
    • Waterfront features: None
    Lot
    • Size: 1.91 Acres
    Details
    • Parcel number: 5163019048
    • Zoning: LAM3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Residential, Condominium
    • Attached to another structure: Yes
    Materials
    • Brick, Brick Walls
    • Roof: Concrete,Flat
    Condition
    • Year built: 1923

    Utilities & green energy

    • Electric: 220 Volt Location (In Kitchen)
    • Sewer: In Street

    Community & HOA

    Community
    • Security: Card/Code Access, Secured Community, Fire and Smoke Detection System, Gated
    • Subdivision: Molino Street Lofts
    HOA
    • Has HOA: Yes
    • Amenities included: Elevator(s), Gated Parking, Pool, Fitness Center, Sun Deck, Assoc Barbecue, Assoc Pet Rules
    • HOA fee: $527 monthly
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $746/sqft
    • Tax assessed value: $955,000
    • Annual tax amount: $11,738
    • Date on market: 9/12/2024

    Price history

    DateEventPrice
    12/3/2024Sold$955,000-2.6%$746/sqft
    Source: CLAW #24-438193 Report a problem
    11/23/2024Pending sale$980,000$766/sqft
    Source: CLAW #24-438193 Report a problem
    11/6/2024Contingent$980,000$766/sqft
    Source: CLAW #24-438193 Report a problem
    9/12/2024Listed for sale$980,000$766/sqft
    Source: CLAW #24-438193 Report a problem
    6/4/2018Listing removed$3,495$3/sqft
    Source: Gil Saraf Report a problem
    5/3/2018Listed for rent$3,495$3/sqft
    Source: Gil Saraf Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,738 +93.5%$955,000 +98.6%
    2024$6,066 +2%$480,968 +2%
    2023$5,944 +5%$471,538 +2%
    2022$5,663 +1.3%$462,293 +2%
    2021$5,589 -0.9%$453,230 +1%
    2020$5,641 $448,584 +2%
    2019$5,641 +4.6%$439,789 +2%
    2018$5,393 $431,166 +2%
    2017$5,393 +2%$422,713 +2%
    2016$5,288 +2.4%$414,425 +1.5%
    2015$5,164 -2.4%$408,200 +2%
    2014$5,293 $400,205 +20.3%
    2012-- $332,600
    2011-- $332,600
    2010-- $332,600 -12.7%
    2009-- $380,972 +2%
    2008-- $373,503 +2%
    2007-- $366,180
    Find assessor info on the county website

    Neighborhood: Central City East

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $910,600
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    Estimated market value
    $910,600