
Los Angeles, California 90014
This Historic Live/Work Loft in the Bartlett Building is listed at $389,000, representing a stable entry into the DTLA market near its $370,540 Fair Market Value. Boasting a Condition Rating of 3, the interior features 10ft+ ceilings, concrete floors, and rare oversized windows providing exceptional natural light. The property’s most significant financial asset is the Mills Act tax savings, which reduces annual property taxes by approximately 70%. With a 98 Walk Score and a City Lights view, this move-in ready residence is ideal for urban professionals or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 215 W 7th Street 307 Subject | $389,000* List Price | 1 | 1 | 750 | $494 | - |
A 215 W 7th Street 902 Sold | $300,000 | 0 | 1 | 780 | $385 | 0.0 mi |
B 738 S Los Angeles Street 502 Sold | $375,000 | 0 | 1 | 810 | $463 | 0.2 mi |
C 746 S Los Angeles Street 707 Sold | $365,000 | 0 | 1 | 656 | $556 | 0.2 mi |
D 215 W 7th Street 907 Active | $449,000 List Price | 1 | 1 | 740 | $607 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This property is move-in ready and well-maintained, featuring a functional open-concept kitchen with stainless steel appliances and white cabinetry. The unit boasts durable concrete flooring throughout, high ceilings, and updated HVAC systems. While the building is historic (1911), the loft conversion provides modern amenities and the interior finishes, including the bathroom with a soaking tub and in-unit laundry, are in good condition with minimal wear, fitting the 10-20 year age bracket for major system updates.
The property benefits from a Mills Act contract, offering owners a significant reduction of nearly 70% on annual property taxes, which substantially lowers the total cost of ownership.
As a south-facing unit with rare oversized windows and 10ft+ ceilings, the loft receives an abundance of natural light that enhances the sense of space and highlights the historic concrete floors.
With a Walk Score of 98, the property is perfectly positioned in the heart of DTLA, providing immediate access to Grand Central Market, the Metro Red Line, and premier dining and shopping.
The building offers limited rentable parking rather than deeded spaces, likely requiring the owner to secure and pay for off-site monthly parking in nearby lots.
The monthly association fee of $681 is relatively high for a 750-square-foot one-bedroom unit, which may impact the debt-to-income ratio for some prospective buyers.
Bright south-facing 1 bed/1 bath live/work loft at the historic Bartlett Lofts. The historic building currently benefits from the Mills Act contract, for nearly 70% off property taxes annually. This south-facing loft features rare oversized windows unique to only a few units for an abundance of natural light. In true urban loft style, there are concrete floors throughout and soaring 10ft+ ceilings. The open plan living space flows seamlessly into the kitchen and there's a completely separate south facing bedroom with a huge window. The ensuite bathroom features a large soaking tub and stackable W/D unit inside. There is a powerful heating and AC unit in the living area and large storage closet near the entry. The building features limited rentable parking spaces and there are many paid monthly parking options nearby. Building amenities include 24/7 front desk security, a breathtaking nearly 360-degree rooftop deck/lounge area, and courtyard. Situated in the heart of the historic core with a Walk Score of 98, you're within a few blocks of the best of DTLA, such as Grand Central Market, Restaurant Row, Whole Foods, Ralphs, Apple Tower Theater/Store, L. A. Athletic Club, Metro Red Line subway, Per La Hotel, The Bloc, Fashion District, Disney Concert Hall, The Broad Museum, Hoxton/Proper/Freehand hotels, Grand Central Market, Corporation Food Hall, Flower Market, Sonoratown, Urban Outfitters, Kreation Organics, Broken Mouth, Holy Basil, Bottega Louie, Beelman's, Blu Jam Cafe, Buzz Wine Shop, FIGat7th, Spring Arcade, Sunday Farmers Market, The Last Bookstore, and much more.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 0.5 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 750 | 795 | 33% |
| Lot Size | 15,926 | 15,926 | 50% |
| Price | $389.0K | $382.0K | 50% |
| Price per sq ft | $519 | $538 | 50% |
| Built year | 1911 | 1918 | 33% |
| HOA | $681.0 | $788 | 17% |
| Days on market | 142 | 214 | 17% |
Feb 21, 2026
$389,000
$429,000
-9% Price Drop
Initial Listing
Dec 1, 2025
$429,000
Initial Listing
Apr 27, 2009
$140,000
Public Record
Feb 22, 2005
$290,000
Public Record