315 E 8th Street 801, Los Angeles, California 90014, Los Angeles, 90014 - 2 bed, 2 bath
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Los Angeles, California 90014
This Industrial Corner Loft is a Strong Value Opportunity, listed at $799,999—positioned well below the $878,139 Fair Market Value by 8%. This valuation gap provides $78,140 in Instant Equity for the incoming owner. Boasting a Condition Rating of 3, the residence features original steel windows with mountain views and qualifies for the Mills Act, offering substantial property tax savings. With rare subterranean parking and premium rooftop amenities, this is an ideal acquisition for Owner-Occupants or Urban Professionals seeking a historic sanctuary with built-in financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 315 E 8th Street 801 Subject | $799,999* List Price | 2 | 2 | 1,370 | $641 | - |
A 315 E 8th Street 1106 Sold | $575,000 | 1 | 1 | 890 | $646 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This industrial loft is in move-in ready condition and has been well-maintained since its residential conversion. The interior features high-quality polished concrete floors, original steel casement windows, and a large kitchen equipped with modern stainless steel appliances and stone countertops. The two full bathrooms are contemporary, featuring soaking tubs and updated vanities. While the building is historic (1925), the interior systems and finishes appear to be from the mid-2000s conversion, showing minimal wear and tear but not meeting the 'excellent' criteria for a brand-new or 5-year recent renovation.
As a designated historic landmark, the property qualifies for the Mills Act, providing homeowners with significant property tax savings that automatically transfer to the new owner.
The unit includes a rare dedicated subterranean parking space and a private storage unit, alongside premium community features like a rooftop pool, basketball court, and driving range.
This 8th-floor corner loft boasts high ceilings, exposed concrete columns, and original oversized steel casement windows that offer exceptional mountain views and natural light.
The association fee is $921 per month, which represents a significant recurring carrying cost that may impact the affordability for some buyers.
Despite being listed with two bedrooms, the semi-open industrial floor plan features only one fully enclosed bedroom, which may limit privacy for roommates or families.
Perched high on the 8th floor, the industrial corner loft strikes a captivating balance between historical charm and modern functionality. The airy and sunbathed New York-style loft boasts tall gallery walls, high ceilings, exposed concrete columns and polished concrete floors. Wow factor! 2 walls of original oversized steel casement windows rendering mountain views and spectacular sunsets. The spacious semi-open floor plan features 1 enclosed bedroom. The kitchen is large. 2 full bathrooms with each having a soaking tub. Washer/dryer combo in unit. Bonus! A large walk-in closet. Rare! A dedicated subterranean parking space within the complex PLUS a storage unit in the basement. As part of the unique urban community of Santee Village, amenities to complement your lifestyle, whether you desire to unwind or entertain, include the following: Rooftop with 360 degree views of Los Angeles, sun deck, BBQ grills, gym, rooftop basketball court, driving range, rooftop pool and spa.Within walking distance to award winning restaurants, museums and the best coffee shops. Across the street from the Netflix featured Sonoratown. Conveniently, within a block of Jason's Wine & Spirits, Broken Mouth, Starbucks, a yoga studio, art galleries, a food hall and a dry cleaner. A stone's throw away to the Metro Station, L.A. Live, Crytpo Arena and freeways. In the heart of all the action, but yet, quiet and peaceful in the loft, making this home a unique urban sanctuary. Listed on the National Register of Historic Places, the Textile Building is a former factory building, boutique, 12-story, 69-unit Gothic Revival Landmark overlooking the Fashion District in Downtown L.A. Listed under the Mills Act - earning homeowners generous savings on property taxes. The Mills Act automatically transfers to the new homeowner.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 0.5 | 67% |
| Baths | 2.0 | 1.0 | 67% |
| Square foot | 1,370 | 850 | 67% |
| Lot Size | 7,341 | 11,633.5 | 50% |
| Price | $800.0K | $475.0K | 67% |
| Price per sq ft | $584 | $568 | 67% |
| Built year | 1925 | 1924 | 50% |
| HOA | $921.0 | $888 | 50% |
| Days on market | 49 | 214 | 17% |
Mar 4, 2026
$799,999
Initial Listing
Mar 2, 2007
$675,000
Public Record