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$1,479,000$1,730/sqft
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:
Unrivaled Arts District Location: Situated in the vibrant heart of the Arts District, offering exceptional walkability to renowned cultural institutions, dining, and entertainment, appealing to a creative and urban lifestyle.
Top Cons:
High Monthly Association Fees: The association fee of $689.41 is considerably high for a 2-bedroom, 1-bathroom unit, which could be a significant ongoing cost for potential buyers.

Compared to the nearby listings

Price:$1.48M vs avg $610.0K (+$869,000)95%
Size:1,730 sqft vs avg 1,080 sqft86%
Price/sqft:$855 vs avg $55190%

More Insights

Built in 1923 (103 years old).
Condition: Despite the building's 1923 origin, this loft unit underwent an extensive, high-quality renovation, with the building conversion completed in 2006 and further significant updates as described. The kitchen features modern stainless steel appliances, sleek white cabinetry, solid surface countertops, and contemporary fixtures, all appearing virtually new. The bathroom is equally modern with a floating vanity, backlit LED mirror, subway tile, and rain shower head. The 'newly refinished white epoxy floors' throughout the unit, custom soundproofed windows/doors, and the professionally built sound studio indicate a very recent and comprehensive renovation to current quality standards, with no visible deferred maintenance.
Year Built
1923
Close
-
List price
$1.48M
Original List price
$1.48M
Price/Sqft
$855
HOA
$689.41
Days on market
-
Sold On
-
MLS number
26632065
Home ConditionExcellent
Features
View

About this home

A rare opportunity to own a truly distinctive live/work loft in the heart of the Arts District a residence where creativity, comfort, and thoughtful design converge. Originally renovated by a renowned film and television composer, this exceptional home features a fully operational, professionally built soundproof recording studio, ideal for music, film, or post-production work. Every detail was executed with precision and no expense spared, creating a space that is both highly functional and deeply inspiring.Beyond the studio, the loft offers a warm and livable layout anchored by a spacious primary bedroom suite with built-in upper storage and the flexibility to convert into a second studio if desired. A custom-designed galley kitchen blends form and function with quality finishes, making everyday living and entertaining effortless.Additional highlights include 15.5-foot ceilings, original brick, classic post-and-beam construction, custom soundproofed steel entry doors and windows, power shades, and newly refinished white epoxy floors that create a sleek, gallery-like atmosphere. A private street-level entrance with dedicated parking adds rare convenience and privacy.Located within the iconic Molino Street Lofts, a landmark 1920s warehouse conversion completed in 2006 and home to 91 residences, owners enjoy two rooftop decks with sweeping city, building, and street views, a pool and BBQ area, and a fitness center.Immersed in the creative energy of the Arts District, the location is just steps from Hauser & Wirth, Manuela, Bavel, Verve Coffee, ROW DTLA, Soho House, Damian, Bestia, Girl & the Goat, Urth Caff, and more. The neighborhood is also home to innovative companies including Honey, BMG Music, Spotify, Soylent, Lucky Brand Jeans, and 3sixteen, along with local mural tours, green spaces, and the Arts District Dog Park. This is a rare chance to own a true creative sanctuary equal parts professional studio, refined urban home, and architectural statement.

G
Greg Stangl
Listing Agent

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

Despite the building's 1923 origin, this loft unit underwent an extensive, high-quality renovation, with the building conversion completed in 2006 and further significant updates as described. The kitchen features modern stainless steel appliances, sleek white cabinetry, solid surface countertops, and contemporary fixtures, all appearing virtually new. The bathroom is equally modern with a floating vanity, backlit LED mirror, subway tile, and rain shower head. The 'newly refinished white epoxy floors' throughout the unit, custom soundproofed windows/doors, and the professionally built sound studio indicate a very recent and comprehensive renovation to current quality standards, with no visible deferred maintenance.
Pros & Cons

Pros

Unrivaled Arts District Location: Situated in the vibrant heart of the Arts District, offering exceptional walkability to renowned cultural institutions, dining, and entertainment, appealing to a creative and urban lifestyle.
Professional-Grade Recording Studio: Features a fully operational, professionally built soundproof recording studio, a unique and highly valuable asset for musicians, filmmakers, or post-production professionals.
Distinctive Architectural Character & Modern Upgrades: Boasts 15.5-foot ceilings, original brick, and post-and-beam construction, complemented by custom soundproofed windows/doors, power shades, and sleek epoxy floors, blending historic charm with contemporary luxury.
Exclusive Private Entrance & Parking: Offers the rare convenience and privacy of a dedicated street-level entrance and private parking, a significant advantage for a loft unit in a dense urban environment.
Comprehensive Building Amenities: Residents benefit from access to two rooftop decks with city views, a pool, BBQ area, and a fitness center, enhancing the lifestyle and value proposition within the Molino Street Lofts.

Cons

High Monthly Association Fees: The association fee of $689.41 is considerably high for a 2-bedroom, 1-bathroom unit, which could be a significant ongoing cost for potential buyers.
Specialized Property Niche: The inclusion of a professional soundproof recording studio, while a unique asset, caters to a very specific buyer demographic, potentially limiting the overall market appeal and resale velocity compared to a more conventional loft.
Limited Natural Light/Views from Unit: As a street-level unit with custom soundproofed windows and doors, the property may offer less natural light and direct views compared to higher-floor units, despite the building's rooftop amenities.
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