500 Molino Street 214, Los Angeles, California 90013, Los Angeles, 90013 - 2 bed, 2 bath

500 Molino Street 214, Los Angeles, California 90013 home-pic-0
ACTIVE$1,450,000
500 Molino Street 214, Los Angeles, California 90013
2Beds
2Baths
2,420Sqft
83,084Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Arts District Location: Situated in the heart of Downtown LA's vibrant Arts District, offering an urban chic lifestyle with access to cultural attractions and amenities.
Top Cons:
High Monthly Association Fees: The association fee of $818.94 per month is a significant ongoing cost that potential buyers must factor into their budget.

Compared to the nearby listings

Price:$1.45M vs avg $627.5K (+$822,500)95%
Size:2,420 sqft vs avg 1,055.5 sqft91%
Price/sqft:$599 vs avg $56059%

More Insights

Built in 1923 (102 years old).
Condition: Despite being built in 1923, this industrial loft has undergone extensive, high-quality renovations. The description explicitly states the kitchen and two baths have been 'thoughtfully remodeled and expanded' with 'high-end finishes,' 'sleek cabinetry,' 'premium appliances,' 'modern fixtures,' and 'designer touches.' The 'NEW air conditioning' is a significant upgrade. Images confirm a modern, impeccably maintained interior with beautifully restored original hardwood floors and exposed brick, showcasing a property that meets current quality standards with no visible deferred maintenance.
Year Built
1923
Close
-
List price
$1.45M
Original List price
$1.45M
Price/Sqft
$599
HOA
$818.94
Days on market
-
Sold On
-
MLS number
25562409
Home ConditionExcellent
Features
Good View: City Lights
Deck
ViewCity Lights

About this home

Welcome to the epitome of urban chic living in the heart of Downtown LA's vibrant Arts District. Nestled within a converted industrial space, this impeccably designed Live/Work loft combines the raw charm of a NYC-style loft with contemporary luxury, boasting a fusion of artistic flair and modern amenities. Designed for both living and working, this loft provides ample space for creativity and productivity, with designated areas for lounging, dining, and working from home..... UPON entering, you're greeted by the original hardwood floors that exude character and warmth, leading you into an expansive living area flooded with natural light pouring in through a skylight. The space is adorned with stunning brick walls, providing a captivating backdrop for showcasing artwork and creating a dynamic atmosphere. The kitchen and two baths have been thoughtfully remodeled and expanded by the owner, showcasing meticulous attention to detail and high-end finishes. The chef's kitchen is a culinary delight, featuring sleek cabinetry, premium appliances, and ample counter space, perfect for entertaining guests or whipping up gourmet meals..... THIS LOFT offers a versatile layout, with two separate bedrooms delineated by sleek glass sliding doors for privacy. The master suite boasts a spacious walk-in closet, providing ample storage for your wardrobe essentials. Both bathrooms have been elegantly appointed, offering a spa-like retreat with modern fixtures and designer touches. NEW air conditioning...... RESIDENTS of this exclusive building enjoy access to a range of amenities, including a BBQ station, rooftop patios, and a small workout gym. One rooftop parking space is included. Experience the best of urban living in one of the largest designed lofts in all of DTLA, where style, sophistication, and creativity converge seamlessly.

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
06/17/13
Sold
$791,000
03/21/06
Sold
$730,000
Condition Rating
Excellent

Despite being built in 1923, this industrial loft has undergone extensive, high-quality renovations. The description explicitly states the kitchen and two baths have been 'thoughtfully remodeled and expanded' with 'high-end finishes,' 'sleek cabinetry,' 'premium appliances,' 'modern fixtures,' and 'designer touches.' The 'NEW air conditioning' is a significant upgrade. Images confirm a modern, impeccably maintained interior with beautifully restored original hardwood floors and exposed brick, showcasing a property that meets current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Prime Arts District Location: Situated in the heart of Downtown LA's vibrant Arts District, offering an urban chic lifestyle with access to cultural attractions and amenities.
Unique Live/Work Loft Design: A rare converted industrial space with NYC-style charm, specifically designed for both living and working, appealing to creative professionals.
Luxurious & Remodeled Interiors: Features an impeccably designed interior with a thoughtfully remodeled chef's kitchen and two baths, showcasing high-end finishes, premium appliances, and designer touches.
Spacious Layout with Architectural Character: Boasts an expansive 2420 sqft layout with original hardwood floors, stunning brick walls, and a skylight, exuding character and ample space.
Desirable Building Amenities: Residents enjoy access to a BBQ station, rooftop patios, a small workout gym, and an included rooftop parking space.

Cons

High Monthly Association Fees: The association fee of $818.94 per month is a significant ongoing cost that potential buyers must factor into their budget.
Limited Parking: Only one rooftop parking space is included, which may be insufficient for households with multiple vehicles or for guest parking in a dense urban environment.
Loft-Style Privacy Limitations: While bedrooms are delineated by glass sliding doors, this open loft concept may not offer the traditional level of sound and visual privacy desired by all buyers.

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