SOLD This Week in Downtown Los Angeles

JUST SOLD THIS WEEK:  The best way to know the real value of Downtown properties is to see how much money people really paid for lofts and condos in the neighborhood.  Here is a residential real estate list of recently sold homes from all real estate companies:

655 South Hope Street #1403  #1403  Los Angeles, CA 90017 $369,000 Sold 315001220IT Sold
  • Area:  (42) Downtown L.A.
  • Subdivision: Not Applicable-C42
  • Property Type:  Residential Condo/Coop
  • Bedrooms:  0
  • Bathrooms:  1.00 (1 0 0 0 )
  • HOD:  $605.00
  • Building/Living Area:  530/OT
  • Land Type: Other
Rooms: Loft

Equipment:  Barbeque, Dishwasher, Garbage Disposal, Microwave, Stackable W/D Hookup, Vented Exhaust Fan

Remarks:  A spectacular 14th Fl. modern loft/pied a terre with city views right on Restaurant Row. Featuring floor-to-ceiling reflective glass windows, solid-core entry doors, sound proof walls, dark wood cabinetry & hardwood floors. Kitchen has polished granite countertops, stainless steel appliances. The bathroom continues with upgrades galore. Start the day at the top-of-the-line on-site 24/7 Fitness Center and finish it with a cool beverage while taking in the panoramic views with friends on the rooftop deck. The helipad for special weekend getaways is a wonderful downtown lifestyle amenity. Absolute convenience continues with LA Live, Nokia, Disney Concert Hall, Staples Sports Center, Cineplex, restaurants/bars all minutes away.
312 W 5TH ST  #1006  LOS ANGELES, CA 90013 $385,000 Sold 15-877449 Sold
  • Area:  (42) Downtown L.A.
  • Subdivision: 
  • Property Type:  Residential Condo/Coop
  • Bedrooms:  1
  • Bathrooms:  1.00 (1 0 0 0 )
  • HOD:  $266.00
  • Building/Living Area:  800/VN
  • Land Type: 
Rooms: Living, Other

Equipment:  Other

Remarks:  Chic and bright 10th floor unit in the SB Grand building. True one bedroom, 800 sqft, newly refinished concrete floors, freshly painted, sliding doors leading to private outdoor patio with peekaboo views of the surrounding historic buildings, low HOA dues, leased parking available. Located in the middle of the Historic Core and along theatre row on Broadway, in the thick of the Bringing Back Broadway renaissance plan. Within blocks of restaurants, cafes and bars along Spring, Main and Broadway. Metro Redline stop on the corner.
460 S Spring ST  #1102  LOS ANGELES, CA 90013 $480,000 Sold DW15007718MR Sold
  • Area:  (42) Downtown L.A.
  • Subdivision: 
  • Property Type:  Residential Condo/Coop
  • Bedrooms:  1
  • Bathrooms:  1.00 (1 0 0 0 )
  • HOD:  $458.00
  • Building/Living Area:  720
  • Land Type: Fee
Rooms: 

Equipment:

Remarks:  Rarely on the market… Unobstructed East Facing Views from the 11th Floor of THE ROWAN Building. In the heart of the Historic Core this highly desirable Downtown Los Angeles condo is sure to please with all the amenities and views you have been searching for! Enjoy this amazing condo that boasts modern conveniences like stainless steel appliances and granite counter tops but retains the historic charm with brick accent walls and oversized large wood frame windows that filter in the natural light throughout the day and city lights at night. The Rowan Building offers hot and cold pools, outdoor Jacuzzi, serene patio seating, a private event lounge, and is part of the historic Mills Act giving residents a large property tax savings. Perfectly situated in the middle of the “Old Bank District” you are only minutes from transportation, local restaurants, world famous museums, and cultural centers. Local attractions include a Monthly Art Walk, LA Live, MOCA Museum, Little Tokyo, Pershing Square, Grand Central Station, the Library, Metro Red Line, the BROAD Museum, and Grand Park. Submit your offer today since this property is sure to move quickly.
460 S SPRING ST  #911  LOS ANGELES, CA 90013 $600,000 Sold 15-878377 Sold
  • Area:  (42) Downtown L.A.
  • Subdivision: 
  • Property Type:  Residential Condo/Coop
  • Bedrooms:  1
  • Bathrooms:  1.00 (1 0 0 0 )
  • HOD:  $480.00
  • Building/Living Area:  930/BL
  • Land Type: 
Rooms: Living, Loft

Equipment:  Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer

Remarks:  One of John Parkinson’s finest, this Rowan corner loft is framed in natural light with views of downtown LA’s historic core. Unit 911, a larger 1 bedroom residence, blends Rowan’s classic details of exposed brick walls, 10′ ceilings and original Mahogany picture windows with modern attributes like fine Italian kitchen, Caesar stone countertops, Bosch stainless steel appliances, Toto bathroom fixtures and large walk-in closet. Built in 1912 and restored in 2008, Rowan is an iconic beacon of timeless elegance offering an attended grand lobby, residence lounge, outdoor patio, BBQ grills and hot/cold plunge pools. It’s location places loft dwellers in the center of a progressive neighborhood with an array of dining and entertainment choices and adjacent pet friendly Spring Street Park. Rowan is a registered historic landmark granted with an estimated 65-86% reduction in property taxes through the Mills Act.
800 W 1ST ST  #1603  LOS ANGELES, CA 90012 $645,000 Sold 15-825817 Sold
  • Area:  (42) Downtown L.A.
  • Subdivision: 
  • Property Type:  Residential Condo/Coop
  • Bedrooms:  2
  • Bathrooms:  2.00 (2 0 0 0 )
  • HOD:  $1,187.00
  • Building/Living Area:  1,234/VN
  • Land Type: 
Rooms: Breakfast Area, Entry, Living, Master Bedroom, Office

Equipment:  Built-Ins, Dishwasher, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Network Wire, Range/Oven, Refrigerator, Water Filter, Water Line to Refrigerator

Remarks:  THIS ONE OF A KIND SHOWPLACE IS A REMODELED 2 BD/2BA MODERN LUXURY HI-RISE CONDO OVERLOOKING THE DISNEY CONCERT HALL, BROAD MUSEUM, DWP BLDG. AND OTHER ARCHITECTURAL ICONS, WITH FLOOR TO CEILING PANORAMIC VIEWS OF DOWNTOWN. HIGH END SURFACES (WALKER ZANGER/MOSA) AND PORCELAIN FLOORS THROUGHOUT. UNIT BOASTS AN OPEN FLOOR PLAN WITH A GOURMET CHEF’S KITCHEN WITH STAINLESS STEEL APPLIANCES (VIKING, BOSCH). BUILDING AMENITIES INCLUDE AROUND THE CLOCK SECURITY/CONCIERGE, 2 FULLY EQUIPPED GYMS, POOL AND SPA, TENNIS COURTS, PARK WITH PICNIC/BBQ AREA. HOA FEES COVER ALL UTILITIES, EXCEPT PHONE. THIS PROPERTY IS NOT TO BE MISSED.
849 S BROADWAY  #806  LOS ANGELES, CA 90014 $710,000 Sold 15-877319 Sold
  • Area:  (42) Downtown L.A.
  • Subdivision: 
  • Property Type:  Residential Condo/Coop
  • Bedrooms:  0
  • Bathrooms:  1.00 (1 0 0 0 )
  • HOD:  $753.00
  • Building/Living Area:  1,120/AS
  • Land Type: 
Rooms: Breakfast Area, Dining Area

Equipment:  Built-Ins, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer

Remarks:  Stunning & sophisticated loft in downtown’s historic Eastern Columbia Bldg! Often referred to as the “Jewel of Downtown”, the 13-story Eastern Columbia offers classic 1930 period details such as a turquoise terracotta exterior, art deco design & signature clock tower. This rare offering will be sold with all the contents. Southern facing open loft space with a custom kitchen that offers a modern glass backsplash, black granite counter tops, movable & S/S appliances, high ceilings & polished concrete floors. The owner has created a partitioned off bedroom for privacy, many custom built ins, additional closets space, & a Murphy Bed for guests. In-unit Washer/Dryer. This unit comes with 1 parking space. No need for furniture shopping. It’s fully furnished. The ultimate crash pad all for one price. The building offers a front desk personnel, a beautiful rooftop resort-style pool, fireplace sitting area & workout room. The property falls under the Mills Act for reduction of property taxes
416 S SPRING ST  #609  LOS ANGELES, CA 90013 $845,000 Sold 15-881851 Sold
  • Area:  (42) Downtown L.A.
  • Subdivision: 
  • Property Type:  Residential Condo/Coop
  • Bedrooms:  2
  • Bathrooms:  2.00 (2 0 0 0 )
  • HOD:  $563.05
  • Building/Living Area:  1,394/DV
  • Land Type: 
Rooms: Breakfast Bar, Dining, Library/Study, Living, Master Bedroom, Media, Office

Equipment:  Built-Ins, Cable, Dishwasher, Dryer, Garbage Disposal, Microwave, Network Wire, Range/Oven, Refrigerator, Washer

Remarks:  Highly upgraded, Elegant 2 Bedroom/2 Bathroom Loft with Large Balcony at the El Dorado. Amazing City Lights and Park Views from the Living Room and Master Bedroom. Modern Kitchen with Granite Countertops, Stainless Steel Appliances. & Custom Pot Rack. Kitchen Island upgrade has Carrara Marble Countertop, Charging Station, Integrated Trash and more. Living Room has Balcony and Custom Media Center/Bookcase. Formal Dining Room features a Carrara Marble Bar Top with interchangeable Light colors. Master Bedroom has direct Balcony access and integrated Sound System. Both Bathrooms have Stone Tile Floor and Granite Countertops. Speaker System and 2 LCD Televsions (40″ & 52″), Sonos, Apple T.V., Denon Surround Sound System, Blue Ray Player and more are included. Rent Option for One Tandem Parking Space (holds 2 cars) is available for this Loft. Three blocks to Metrolink Red Line. Lots of restaurants and shops in the neighborhood.
500 MOLINO ST  #312  LOS ANGELES, CA 90013 $996,000 Sold 15-880115 Sold
  • Area:  (42) Downtown L.A.
  • Subdivision: 
  • Property Type:  Residential Condo/Coop
  • Bedrooms:  2
  • Bathrooms:  2.00 (2 0 0 0 )
  • HOD:  $460.00
  • Building/Living Area:  1,900/AS
  • Land Type: 
Rooms: Other

Equipment:  Dishwasher, Freezer, Garbage Disposal, Gas Dryer Hookup, Gas Or Electric Dryer Hookup, Hood Fan, Range/Oven, Refrigerator, Other

Remarks:  Huge 2 bedroom 2 bathroom loft in the highly sought after and recently refreshed Molino Street Lofts building in Downtown LA’s Arts District. Very bright and charming corner space with exposed brick walls, 2 of which have 8 large windows to allow in plenty of light . This unit truly feels like home, with approximately 1900 sq ft of original character, warm materials and modern architectural touches. Amenities include central air/heat, washer/dryer in unit, original hardwood floors, high ?vaulted ?ceilings, exposed brick, exposed piping, sliding glass privacy doors and many other custom details. The gourmet kitchen has a custom built island, which opens onto the large living area that is separate from the bedroom?s. ?Master suite with designer bathroom and a wall of built-in closets. The building has a rooftop pool and lounge, sun terrace, fitness room, secured entrance and gated on-site parking. Walk to the many restaurants/bars of Little Tokyo and the Arts District.
510 S HEWITT ST  #107  LOS ANGELES, CA 90013 $1,237,000 Sold 15-826619 Sold
  • Area:  (42) Downtown L.A.
  • Subdivision: 
  • Property Type:  Residential Condo/Coop
  • Bedrooms:  2
  • Bathrooms:  2.00 (2 0 0 0 )
  • HOD:  $543.22
  • Building/Living Area:  2,630/AS
  • Land Type: 
Rooms: Loft

Equipment:  Range/Oven

Remarks:  Huge 2 level Live/Work 2,630 sq.ft. Loft Space in the premier Barker Block Building. Polished concrete floors on both levels, floor to ceiling windows at the front of the unit, 3 entrances, 2 parking spaces and 2 full modern bathrooms. Additional amenities include a modern kitchen with stainless steel range, microwave and dishwasher, Caesarstone countertops, and laundry facilities in the unit. This loft is a true blank slate awaiting your design acumen. Locate an elevator and hit the button marked “6” and take a ride to ResortVille. Lounge with a view of the downtown skyline, cozy up to the fire pit, sunbathe next to the pool and sauna, or get a great workout in at the well-equipped Fitness Center! Don’t forget your iPAD as there is common area free WIFI and feel safe with 24/7 security. Did I mention the Barker Block is in the heart of the downtown Art’s District? There is plenty to do, eateries like Urth Caffe and Zinc Cafe, Little Toyko, a dog park, and yes even CrossFit.

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Broker/Agent does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals. Copyright © 2015 by Combined L.A./Westside MLS, Inc. Information deemed reliable but not guaranteed.
Copyright © 2015 This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not necessarily associated with the home owner’s association, seller or developer. For more information, contact (213) 478-0499 or visit LAcondoInfo.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

New Apartments Join Old Historic Core Buildings – More Condos to Be Rented Instead of Sold

525-springReplacing what is now a parking lot between the Spring Arcade building and the Alexandria Hotel, a new building is being designed with modern style that includes wavy white architecture and balconies.  Its aesthetic is very different from the historic buildings that will sandwich it.

The LA Downtown News recently reported that Australia-based developer Joseph Hellen has spruced up his plan for a 40-story apartment tower with a proposal to renovate and activate three small Broadway theaters.

Across the street are the Security Building lofts and SB Spring lofts for lease.

Spring Arcade During Renovation

The proposed new building will be designed as a condo, but will be leased, as has been the trend for most recent residential developments in Downtown.

Get a free list of Historic Core loft rentals.

Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

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Copyright © 2015 This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not necessarily associated with the home owner’s association, seller or developer. For more information, contact (213) 478-0499 or visit LAcondoInfo.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.