500 Molino Street 101, Los Angeles, California 90013, Los Angeles, 90013 - 2 bed, 1 bath

500 Molino Street 101, Los Angeles, California 90013 home-pic-0
ACTIVE$1,579,000
500 Molino Street 101, Los Angeles, California 90013
2Beds
1Bath
1,730Sqft
83,084Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Professional Recording Studio: Features a fully operational, soundproof recording studio built to professional standards, offering a unique and high-value asset for musicians or producers.
Top Cons:
High Monthly HOA Fees: The association fee of $689.41 per month is substantial and adds significantly to the overall cost of ownership.

Compared to the nearby listings

Price:$1.58M vs avg $627.5K (+$951,500)95%
Size:1,730 sqft vs avg 1,055.5 sqft91%
Price/sqft:$913 vs avg $56095%

More Insights

Built in 1923 (102 years old).
Condition: This property has clearly undergone a very recent and extensive high-quality renovation, aligning with the 'excellent' criteria. The description highlights 'newly refinished white epoxy floors' and a 'custom-built galley kitchen combines thoughtful design with quality finishes.' The images confirm this, showcasing a pristine, modern kitchen with sleek white cabinetry, solid surface countertops, stainless steel appliances, and contemporary lighting. The bathroom is equally impressive, featuring a modern floating vanity, vessel sink, backlit mirror, and a luxurious walk-in shower with high-end tiling and fixtures. All visible components appear new or virtually new, reflecting current design trends and quality standards, with no signs of wear or deferred maintenance. The professional-grade recording studio also indicates a significant, high-quality investment in the property's specialized features.
Year Built
1923
Close
-
List price
$1.58M
Original List price
$1.58M
Price/Sqft
$913
HOA
$689.41
Days on market
-
Sold On
-
MLS number
25603453
Home ConditionExcellent
Features
Good View:
Deck
Pool
View

About this home

A rare opportunity to own a truly distinctive live/work loft in the heart of the Arts District - a space that perfectly blends creativity, comfort, and design. Originally renovated by a renowned film and television composer, this residence features a fully operational, soundproof recording studio built to professional standards ideal for music, film, or post-production work. Every element was crafted with precision and no expense spared, resulting in a space that's as functional as it is inspiring. Beyond the studio, the home offers a warm, livable layout anchored by a spacious master bedroom suite with built-in upper storage and the flexibility to be converted into a second studio if desired. The custom-built galley kitchen combines thoughtful design with quality finishes, making both everyday living and entertaining effortless. Additional highlights include 15.5-foot ceilings, original brick, post and beam accents, custom soundproofed steel entry doors and windows, power shades, and newly refinished white epoxy floors that lend a sleek, gallery-like atmosphere. A private street-level entrance with dedicated parking enhances both privacy and convenience. Set within the iconic Molino Street Lofts, a hallmark of 1920s warehouse architecture converted into 91 condominiums in 2006, residents enjoy two rooftop decks with city, building, and street views, a pool and BBQ area, and a fitness center. Surrounded by the creative pulse of the Arts District just steps from Hauser & Wirth, Manuela, Bavel, Verve Coffee, ROW DTLA, Soho House, local mural tours, Hank's Organic, the Arts District Dog Park, Damian, Bestia, Girl & the Goat, Urth Caffe, and more this vibrant neighborhood is also home to innovative companies such as Honey, BMG Music, 3sixteen, Soylent, Lucky Brand Jeans, and Spotify. This is an exceptional opportunity to own a true creative sanctuary and refined urban home.

Nearby schools

5/10
Ninth Street School
Public,K-50.9mi
6/10
Hollenbeck Middle School
Public,6-81.3mi
5/10
STEM Academy of Boyle Heights HS
Public,9-121.4mi

Price History

Date
Event
Price
08/03/20
Sold
$1,225,000
01/26/16
Sold
$865,000
04/06/06
Sold
$473,500
Condition Rating
Excellent

This property has clearly undergone a very recent and extensive high-quality renovation, aligning with the 'excellent' criteria. The description highlights 'newly refinished white epoxy floors' and a 'custom-built galley kitchen combines thoughtful design with quality finishes.' The images confirm this, showcasing a pristine, modern kitchen with sleek white cabinetry, solid surface countertops, stainless steel appliances, and contemporary lighting. The bathroom is equally impressive, featuring a modern floating vanity, vessel sink, backlit mirror, and a luxurious walk-in shower with high-end tiling and fixtures. All visible components appear new or virtually new, reflecting current design trends and quality standards, with no signs of wear or deferred maintenance. The professional-grade recording studio also indicates a significant, high-quality investment in the property's specialized features.
Pros & Cons

Pros

Professional Recording Studio: Features a fully operational, soundproof recording studio built to professional standards, offering a unique and high-value asset for musicians or producers.
Prime Arts District Location: Situated in the heart of the vibrant Arts District, offering immediate access to renowned cultural institutions, dining, and creative businesses.
Historic Architectural Charm & Modern Upgrades: Boasts 15.5-foot ceilings, original brick, post and beam accents, complemented by custom soundproofing, power shades, and newly refinished epoxy floors.
Flexible Live/Work Layout: Designed as a distinctive live/work loft with a spacious master suite that can be converted into a second studio, catering to creative professionals.
Premium Building Amenities & Private Access: Residents benefit from two rooftop decks, a pool, BBQ area, fitness center, and the unit features a private street-level entrance with dedicated parking.

Cons

High Monthly HOA Fees: The association fee of $689.41 per month is substantial and adds significantly to the overall cost of ownership.
Limited Bathroom Count: With only one bathroom for a 2-bedroom (or potential 2-studio) unit, it may present practical inconveniences for multiple occupants or entertaining.
Specialized Niche Market: The professional-grade recording studio, while a significant asset, caters to a specific buyer demographic, potentially limiting broader market appeal.

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