215 W 7th Street 1008, Los Angeles, California 90014, Los Angeles, 90014 - 1 bed, 1 bath

215 W 7th Street 1008, Los Angeles, California 90014 home-pic-0
ACTIVE$550,000
215 W 7th Street 1008, Los Angeles, California 90014
1Bed
1Bath
860Sqft
15,926Lot
Year Built
1911
Close
-
List price
$550K
Original List price
$550K
Price/Sqft
$640
HOA
$690
Days on market
-
Sold On
-
MLS number
SR25246013
Home ConditionExcellent
Features
Excellent View: City Lights, Mountain(s), Neighborhood
ViewCity Lights,Mountain(s),Neighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $550.0K(67th), sqft - 860(67th), beds - 1(50th), baths - 1(50th).

Live in one of DTLA’s most iconic historic buildings and enjoy major property tax savings thanks to Mills Act status. Welcome to Unit 1008 at the Bartlett Lofts — a bright, beautifully updated loft with huge industrial-style windows, city views, and an open layout that fits perfectly for modern living or live/work needs. You’ll love the spacious feel created by the high ceilings and polished concrete floors, along with a stylish kitchen featuring stainless steel appliances. In-unit laundry adds everyday convenience, and the flexible layout allows you to customize the space to your lifestyle. One of the biggest perks? This home falls under the Mills Act, which means significantly reduced property taxes — a rare and valuable benefit that can save you thousands each year. The building offers 24/7 security, controlled access, and a stunning rooftop deck with panoramic downtown views. Step outside and you’re surrounded by some of the best dining, cafés, bars, and entertainment in the Historic Core. If you’re looking for character, convenience, and real financial value in the heart of the city, this loft is a standout. Ask about purchasing the property with the furniture!

Price History

Date
Event
Price
10/31/25
Listing
$550,000
12/15/15
Sold
$495,000
06/16/09
Sold
$190,000
05/17/05
Sold
$370,000
Condition Rating
Excellent

Despite the building's 1911 construction, the unit has been 'beautifully updated' as stated in the description, and the images confirm a very recent and extensive renovation. The kitchen features modern white shaker cabinets, stainless steel appliances, contemporary mosaic backsplash, and updated countertops. The bathroom also presents with a modern vanity, updated fixtures, and stylish tiling. Polished concrete floors throughout, modern light fixtures, and industrial-style windows contribute to a chic, contemporary aesthetic. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance, indicating a high-quality, move-in ready renovation.
Pros & Cons

Pros

Mills Act Property Tax Savings: The property benefits from Mills Act status, offering significant and rare property tax savings that can amount to thousands annually, enhancing its financial value.
Prime Downtown LA Location: Situated in the Historic Core of DTLA, the loft provides exceptional walkability and immediate access to a vibrant array of dining, cafés, bars, and entertainment options.
Historic Charm with Modern Updates: As part of an iconic 1911 building, the loft retains historic character while featuring beautiful modern updates, high ceilings, polished concrete floors, and a stylish kitchen with stainless steel appliances.
Building Amenities & Security: Residents enjoy robust building amenities including 24/7 security, controlled access, and a stunning rooftop deck offering panoramic downtown views.
Bright & Flexible Open Layout: The unit boasts huge industrial-style windows providing city views and ample natural light, combined with an open, flexible layout ideal for modern living or live/work arrangements.

Cons

High Monthly Association Fees: The association fee of $690.0 per month is substantial for an 860 sqft unit, adding a significant ongoing cost to ownership.
Potential Lack of Dedicated Parking: The property description does not mention dedicated parking, which is a common challenge and potential additional expense for residents in dense downtown areas.
Urban Environment Drawbacks: While the downtown location offers convenience, it inherently comes with potential drawbacks such as increased urban noise, traffic, and limited private green space, which may not appeal to all buyers.

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