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1130 S Flower Street 208, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 2 bath

1130 S Flower Street 208, Los Angeles, California 90015 home-pic-0
ACTIVE$579,000
1130 S Flower Street 208, Los Angeles, California 90015
1Bed
2Baths
1,260Sqft
44,583Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Downtown Location: Situated in South Park, one of DTLA's most vibrant neighborhoods, offering unparalleled access to major attractions like Crypto.com Arena, LA Live, and a plethora of dining, shopping, and entertainment options.
Top Cons:
High Monthly HOA Dues: The association fee of $1,171.00 is substantial and could be a significant ongoing cost for a 1-bedroom unit, potentially impacting affordability.

Compared to the nearby listings

Price:$579.0K vs avg $567.0K (+$12,000)52%
Size:1,260 sqft vs avg 1,035 sqft65%
Price/sqft:$460 vs avg $60313%

More Insights

Built in 2003 (22 years old).
Condition: Built in 2003, this industrial loft features a 'gourmet kitchen with newer stainless steel appliances' and a 'remodeled master bath with new vanity and stone tiled bath/shower and designer fixtures,' indicating significant recent updates to key areas. The concrete floors, high ceilings, and overall aesthetic are well-maintained and align with a modern industrial style. The property appears move-in ready with no immediate renovations required, fitting the 'good' condition criteria.
Year Built
2003
Close
-
List price
$579K
Original List price
$599K
Price/Sqft
$460
HOA
$1,171
Days on market
-
Sold On
-
MLS number
25559199
Home ConditionGood
Features
Good View: City Lights
ViewCity Lights

About this home

Authentic industrial live/work loft at the legendary Flower Street Lofts in south park, downtown's most vibrant and trendiest neighborhoods. 1 bedroom/ 1.5 baths, in unit washer & Dryer. 2 reserved parking spaces (not tandem). Open loft with expansive windows, soaring exposed 14' ceilings, concrete floors, gourmet kitchen, with newer stainless steel appliances. Master bath remodeled with new vanity and stone tiled bath/shower and designer fixtures. LARGE walk in closet. Pre-wired for high speed internet and cable access. This loft home can ideally be used as both a corporate office and/or a home. Neighborhood amenities incl. Pine & Crane, South Park Grocery & Pharmacy, Orange Theory Fitness, Starbucks, Prank Bar, Hygge Bakery, King Cigar Lounge, IVLA, Tooth Shop, Healthy Spot... and moments from Ralph's, Whole Foods, Crypto.com Arena, LA Live, Ritz-Carlton, upcoming Oceanwide Plaza & Park Hyatt, Regal Theaters, and all of DTLA's hot spots. Come home to Flower St Lofts, a piece of living history that exemplifies the burgeoning community of art, culture, and entertainment in downtown. HOA Dues include Parking, Water, Sewage, Trash, Insurance, Parking, TV (HBO & Showtime) + Internet. *Residents pay electricity separately.

Nearby schools

2/10
Tenth Street Elementary School
Public,•K-5•0.7mi
3/10
John H. Liechty Middle School
Public,•6-8•1.0mi
3/10
Belmont Senior High School
Public,•9-12•1.3mi

Price History

Date
Event
Price
12/28/04
Sold
$670,000
10/16/03
Sold
$340,000
Condition Rating
Good
Built in 2003, this industrial loft features a 'gourmet kitchen with newer stainless steel appliances' and a 'remodeled master bath with new vanity and stone tiled bath/shower and designer fixtures,' indicating significant recent updates to key areas. The concrete floors, high ceilings, and overall aesthetic are well-maintained and align with a modern industrial style. The property appears move-in ready with no immediate renovations required, fitting the 'good' condition criteria.
Pros & Cons

Pros

Prime Downtown Location: Situated in South Park, one of DTLA's most vibrant neighborhoods, offering unparalleled access to major attractions like Crypto.com Arena, LA Live, and a plethora of dining, shopping, and entertainment options.
Authentic Industrial Loft Design: Features include soaring 14' exposed ceilings, expansive windows, and concrete floors, providing a unique and desirable aesthetic for loft enthusiasts.
Comprehensive HOA Inclusions: HOA dues cover a wide range of services including two reserved parking spaces, water, sewage, trash, insurance, TV (HBO & Showtime), and internet, simplifying monthly expenses.
Modern Interior Upgrades: The unit boasts a gourmet kitchen with newer stainless steel appliances, a remodeled master bath with designer fixtures, and a large walk-in closet, enhancing comfort and appeal.
Live/Work Flexibility: The property is explicitly designed and suitable for both residential living and corporate office use, offering versatility for potential buyers.

Cons

High Monthly HOA Dues: The association fee of $1,171.00 is substantial and could be a significant ongoing cost for a 1-bedroom unit, potentially impacting affordability.
Single Bedroom Configuration: Despite its generous 1260 sqft, the property's 1-bedroom layout limits its appeal to a specific demographic, primarily singles or couples, and may not suit those needing more private rooms.
Recent Price Reduction: The property has seen a price drop from $599,000 to $579,000, which could indicate an initial overestimation of market value or a need to attract more buyer interest.

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