
Los Angeles, California 90013
This Sophisticated Arts District Loft represents a High-Potential Investment Opportunity, listed at $599,000—positioned well below the $681,654 Fair Market Value by 12%. This valuation gap provides $82,654 in Instant Equity. Featuring an Excellent Condition Rating with modern kitchen updates, exposed brick, and soaring ceilings, the unit offers a turnkey lifestyle. Amenities include a rooftop deck with skyline views and a community gym. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium urban residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 500 Molino Street 207 Subject | $599,000* List Price | 0 | 1 | 1,150 | $494 | - |
A 500 Molino Street 114 Sold | $750,000 | 1 | 1 | 1,610 | $466 | 0.0 mi |
B 500 Molino Street 206 Sold | $625,000 | 0 | 1 | 1,340 | $466 | - |
C 530 S Hewitt Street 154 Sold | $635,000 | 1 | 1 | 970 | $655 | 0.1 mi |
D 527 Molino Street 310 Active | $650,000 List Price | 1 | 1 | 1,060 | $613 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building dates to 1923, the unit features a high-end modern renovation within the last 5 years. The kitchen is updated with contemporary high-gloss cabinetry and stainless appliances, the bathroom is described as sleek with stylish finishes, and the unit includes modern systems like central HVAC and in-unit laundry.
Situated in the heart of the highly desirable Arts District, the property offers immediate proximity to premier dining and social destinations like Bavel, Girl and the Goat, and Soho Warehouse.
The unit features sought-after architectural details including exposed brick, soaring ceilings, and original wood beams, providing a sophisticated and authentic loft aesthetic.
The loft includes a fully updated kitchen with a center island, central HVAC, in-unit laundry, and a designated parking space, blending historic charm with essential modern conveniences.
The association fee of $726.57 per month is a significant recurring expense that may impact the overall affordability and debt-to-income ratio for potential buyers.
The property is listed as having no specific view, which may be a drawback for buyers looking for the iconic DTLA skyline or expansive city vistas often associated with loft living.
This loft in the stylish Molino Lofts building places you in the heart of the Arts District in Downtown LA. Exposed brick, soaring ceilings, and wood beams set the tone in the expansive layout, lending the space a sophisticated edge. The long entry is lined with tall cabinets offering tons of storage; the updated kitchen features a large center island, copious pantry space, and stainless appliances. Custom built-in metal bookshelves and exposed beams help delineate the bedroom area; the sleek bathroom features a soaking tub and stylish tile finishes. Relax and entertain on the rooftop sun deck, or get in a workout at the convenient community gym. The building is beautifully maintained, and amenities include central HVAC, in-unit laundry, and one designated parking space. Great options for coffee, takeout, and recreation are nearby at Bavel, Girl and the Goat, Zinc Cafe, Soho Warehouse, Hauser and Wirth, and more.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,150 | 1,243 |
| Lot Size | 83,084 | 24,016 |
| Price | $599.0K | $805.6K |
| Price per sq ft | $521 | $659 |
| Built year | 1923 | 1981 |
| HOA | $726.57 | $684 |
| Days on market | 35 | 71 |
Jun 17, 2026
$599,000
Initial Listing
Sep 25, 2015
$630,000
Public Record
Sep 26, 2007
$520,000
Public Record
Apr 13, 2006
$465,000
Public Record