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500 Molino Street 206, Los Angeles, California 90013, Los Angeles, 90013 - bed, 1 bath

500 Molino Street 206, Los Angeles, California 90013 home-pic-0
ACTIVE$750,000
500 Molino Street 206, Los Angeles, California 90013
0Bed
1Bath
1,340Sqft
83,084Lot
Year Built
1923
Close
-
List price
$750K
Original List price
$925K
Price/Sqft
$560
HOA
$637.8
Days on market
-
Sold On
-
MLS number
25519297
Home ConditionGood
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $750.0K(68th), sqft - 1340(82th), beds - undefined(32th), baths - 1(50th).

PRICED TO SELL!! Experience urban living in the heart of the Arts District at the Molino Street Lofts. This open concept loft, housed in a beautifully converted 1920's warehouse, offers a unique blend of industrial charm and modern comfort. Exposed brick walls and original wooden beams add character and warmth, while expansive windows flood the space with natural light. The loft's open floor plan provides ample space for both living and entertaining, creating a versatile and inviting atmosphere. With its prime location, this loft offers easy access to the vibrant arts scene, trendy restaurants, and eclectic boutiques that define the Arts District. Embrace the energy and creativity of this historic neighborhood while enjoying the convenience and character of this remarkable loft.

Nearby schools

5/10
Ninth Street School
Public,•K-5•0.9mi
6/10
Hollenbeck Middle School
Public,•6-8•1.3mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•1.4mi

Price History

Date
Event
Price
02/09/17
Sold
$910,000
03/22/06
Sold
$410,000
Condition Rating
Good
This property, a beautifully converted 1923 warehouse, has undergone an extensive modern renovation, likely within the last 5-15 years (suggested by the 2017 sale). The kitchen features contemporary flat-panel dark cabinetry, light solid-surface countertops, subway tile backsplash, and stainless steel appliances, all appearing in excellent condition. The bathroom is equally modern with a vessel sink, matching dark vanity, and a tiled shower/tub combo with a glass partition. Polished concrete floors and modern lighting fixtures are consistent throughout. While the visible components are in excellent, move-in ready condition with minimal wear, the likely age of the renovation (7-8 years if completed before the 2017 sale) places it within the 'Good' category's renovation timeline rather than the 'Excellent' category's stricter 'within 5 years' criteria.
Pros & Cons

Pros

Prime Arts District Location: The loft is situated in the heart of the vibrant Arts District, offering unparalleled access to cultural attractions, trendy restaurants, and eclectic boutiques.
Historic Industrial Charm: Housed in a beautifully converted 1920s warehouse, the property boasts unique character with exposed brick walls and original wooden beams.
Open Concept Living: The open floor plan provides a versatile and spacious environment, ideal for modern urban living and entertaining.
Abundant Natural Light: Expansive windows flood the space with natural light, enhancing the atmosphere and appeal of the loft.
Significant Price Reduction: Currently priced to sell at $750,000, a substantial reduction from its original list price of $925,000 and even below its 2017 sale price of $910,000, indicating strong value.

Cons

High Monthly Association Fee: A monthly association fee of $637.8 is a significant recurring cost that could impact affordability and buyer interest.
Lack of Views: The property explicitly states 'View: None,' which may be a drawback for buyers seeking scenic outlooks in an urban environment.
Limited Bathroom Count: With only one bathroom for a 1340 sqft unit, this could be inconvenient for multiple occupants or when hosting guests.

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