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

500 Molino Street 206
Los Angeles, California 90013
Property Price
SUMMARY
Analysis of 500 Molino Street 206, Los Angeles, California 90013 is currently available with a list price of $850,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
While the property boasts high-quality historic industrial elements such as original timber beams and exposed brick, the interior finishes in the kitchen and bathroom appear to date back to the building's conversion approximately 20 years ago. The kitchen features standard stainless steel appliances and older cabinetry, and the overall aesthetic is functional but lacks modern updates. The listing description explicitly identifies the unit as an opportunity for a buyer to 'design and personalize,' confirming that the space has not undergone a recent renovation to meet current luxury standards.
PROSSTRENGTHS & OPPORTUNITIES
- Authentic Industrial Character
Located in the historic 1923 Molino Lofts, the unit features highly sought-after architectural details including exposed brick walls, original timber beams, and soaring ceilings that define the classic Arts District aesthetic.
- Prime Arts District Location
The property boasts an exceptional walk score, situated moments from world-class dining and cultural landmarks such as Bestia, Bavel, and Girl & the Goat, ensuring strong long-term desirability and appreciation.
- Versatile Live/Work Zoning
The spacious 1,340 sqft open-concept layout and top-floor positioning provide a rare level of privacy and flexibility, making it an ideal sanctuary for creative professionals needing a dual-purpose residential and studio space.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
At $764.60 per month, the association fees are relatively high for a single-bathroom unit, which may impact the overall affordability and debt-to-income ratio for some buyers.
- Need for Modernization
The description suggests the space is a 'rare opportunity to personalize,' implying that the interior may require additional capital investment to upgrade fixtures and finishes to meet modern luxury standards.
About 500 Molino Street 206
Top-floor live/work loft at the historic Molino Lofts offering authentic industrial character in the heart of the Arts District. This spacious residence features soaring ceilings, oversized west-facing windows, exposed brick walls, and original timber beams that create a bright, open, and airy environment ideal for both living and working. The flexible open-concept layout allows for multiple configurations to suit a variety of lifestyles, whether used as a primary residence, creative studio, or workspace under true live/work zoning. The kitchen and living areas flow seamlessly, providing an ideal setting for entertaining or everyday living, while the top-floor positioning enhances natural light and privacy. Subtle DTLA skyline views and classic warehouse architecture further elevate the appeal of this unique loft. This is a rare opportunity for a buyer to thoughtfully design and personalize the space into a true sanctuary that reflects their lifestyle, creativity, and vision. Located in one of Los Angeles' most dynamic neighborhoods, the property is just moments from acclaimed dining and retail including Bestia, Bavel, Girl & the Goat, Blue Bottle Coffee, and Verve Coffee Roasters, along with galleries, boutiques, and ongoing development that continues to strengthen the long-term appeal of the Arts District. A rare opportunity to own a character-rich loft in a historic building with true live/work flexibility, strong architectural presence, and a premier Arts District location.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1923
- Lot Size
- 83,084 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $764.6 / Month
Neighborhood Insights
Los Angeles Unified Schools
Ninth Street School
Grades K-5 • 0.9 mi
Hollenbeck Middle School
Grades 6-8 • 1.3 mi
STEM Academy of Boyle Heights HS
Grades 9-12 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 1.0 | 22% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 1,340 | 1,140 | 74% |
| Lot Size | 83,084 | 37,045 | 70% |
| Price | $850.0K | $650.0K | 83% |
| Price per sq ft | $634 | $605 | 61% |
| Built year | 1923 | 1923 | 50% |
| HOA | $764.6 | $765 | 50% |
| Days on market | 63 | 211 | 9% |
Pricing History
Listed for Sale
Jan 2, 2026
$850,000
Initial Listing
Sold
Feb 9, 2017
$910,000
Public Record
Sold
Mar 22, 2006
$410,000
Public Record






















