1130 S Flower Street 211, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 2 bath
ACTIVE$559,000
1130 S Flower Street 211, Los Angeles, California 90015
1Bed
2Baths
1,318Sqft
44,570Lot
Year Built
2003
Close
-
List price
$559K
Original List price
$649K
Price/Sqft
$424
HOA
$1,050
Days on market
-
Sold On
-
MLS number
24462087
Home ConditionGood
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $559.0K(50th), sqft - 1318(65th), beds - 1(50th), baths - 2(56th).
Priced to sell this Gorgeous live/work loft ideal for owner/user. Unit has beautiful sliding doors separating the bedroom. Beautiful industrial loft includes cement floors. Located in the lively neighborhood of South Park. Just steps from numerous restaurants, coffee shops, Crypto.com arena, Ralph s, Whole Foods, & dog friendly areas, this home is the perfect offering for the person looking to be in the middle of LA s energy. HOA fees include 2 non-tandem parking spaces, Internet, cable TV including premium channels (HBO, Showtime and more) plus streaming privileges.
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
10/31/13
Sold
$456,000
12/30/11
Sold
$335,000
09/24/03
Sold
$379,000
Condition Rating
Good
Built in 2003, this industrial loft is 21 years old, placing it just outside the 'Good' category's age range for new construction. However, the property presents as move-in ready with a highly contemporary aesthetic. The kitchen features modern flat-panel cabinetry, stainless steel appliances, and sleek countertops, while the bathrooms boast updated vanities, modern fixtures, and stylish tiling (including subway tile and glass enclosures). The concrete floors are in excellent condition and align perfectly with the loft's industrial design. The overall condition, particularly the key areas of kitchen and bathrooms, suggests either significant updates within the last 5-15 years or meticulous maintenance of a very timeless and high-quality original design, showing minimal wear and tear.
Pros & Cons
Pros
Exceptional Downtown Location: The property is situated in the vibrant South Park neighborhood, offering unparalleled walkability to numerous restaurants, coffee shops, Crypto.com arena, major grocery stores (Ralph's, Whole Foods), and dog-friendly areas, appealing to those seeking an energetic urban lifestyle.
Spacious Live/Work Loft Design: At 1318 sqft, this 1-bedroom unit offers generous living space, ideal for an owner/user seeking a versatile live/work environment. The industrial aesthetic with cement floors and sliding bedroom doors provides a modern and desirable loft appeal.
Comprehensive HOA Inclusions: The HOA fees, while high, include significant value-adds such as 2 non-tandem parking spaces (a premium in downtown LA), high-speed internet, and premium cable TV channels, reducing additional monthly expenses for residents.
Motivated Seller/Price Adjustment: The property is 'Priced to sell' with a substantial reduction from its original list price of $649,000 to $559,000, indicating a motivated seller and a potential opportunity for buyers to acquire the unit at a competitive price.
Modern Building Construction: Built in 2003, the building is relatively modern, suggesting contemporary construction standards and potentially fewer immediate maintenance concerns compared to older downtown properties.
Cons
High Monthly HOA Fees: The association fee of $1050.0 per month is considerably high, which could be a significant barrier for some buyers and impact the overall affordability and long-term cost of ownership.
Lack of Views: The property explicitly states 'View: None,' which is a notable drawback for a downtown loft, as many prospective buyers in this market segment prioritize city or skyline views.
Subpar Local School Ratings: The elementary and middle schools serving the area have low ratings (2 and 3 respectively), which may deter family-oriented buyers and could potentially impact future resale value to this demographic.