510 S Hewitt 515, Los Angeles, California 90013 home-pic-0

510 S Hewitt 515, Los Angeles, California 90013 home-pic-1

ACTIVE$849,000$1,330/sqft

510 S Hewitt 515, Los Angeles, California 90013

0Bed

1Bath

1,330Sqft

23,308Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:

Panoramic City Views & Top-Floor Position: As a rare top-floor, west-facing loft, it offers unparalleled, unobstructed Downtown LA skyline and stunning sunset views, significantly enhancing its appeal and value.

Top Cons:

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =23308, other record lot size in square feet = 23466.

Compared to the nearby listings

Price:$849.0K vs avg $610.0K (+$239,000)86%

Size:1,330 sqft vs avg 1,080 sqft76%

Price/sqft:$638 vs avg $55167%

More Insights

Built in 1966 (60 years old).

Condition: Despite being built in 1966, this loft has been extensively renovated to a modern industrial style. The gourmet kitchen features stainless steel appliances and granite countertops, and the polished concrete floors, exposed concrete walls, and modern lighting are all in excellent condition. The description also highlights a generously sized bathroom with an oversized soaking tub, central A/C and heat, and motorized shades, indicating all components are new or virtually new and meet current quality standards.

Year Built

1966

List price

$849K

Original List price

$849K

Price/Sqft

$638

HOA

$681

Days on market

Sold On

MLS number

PF25277595

Home ConditionExcellent

Features

Excellent View: City Lights, Neighborhood

Deck

Pool

Spa

ViewCity Lights,Neighborhood

About this home

Rare top-floor, west-facing exterior loft with one of the best views in Barker Block. Unit #515 is a dramatic, bright industrial-style residence showcasing an open floor plan with polished concrete floors, walls, and columns, plus unobstructed Downtown LA skyline views. Extra-tall 13-foot ceilings and expansive windows spanning the width of the living area flood the space with natural light and stunning sunset views. The gourmet kitchen features stainless steel appliances and granite countertops, ideal for both everyday living and entertaining. The primary bedroom offers a custom built-in closet and storage system and a generously sized bathroom with an oversized soaking tub. Additional features include motorized shades, in-unit washer and dryer, central A/C and heat, and one secured, covered parking space. Barker Block is a secured community with 24/7 security and additional cameras throughout. Amenities include a state-of-the-art rooftop fitness center, sky deck with pool, hot tub, cabanas, BBQ and dining areas, and sweeping downtown views. The ground-floor courtyard offers lounge seating, fire pit, dining areas, and free common-area WiFi. Unbeatable Arts District location with exceptional walkability. Steps from Urth Caffé, Arts District Park, LA Cleantech Incubator, SCI-Arc, SOHO House, Spotify, Warner Bros. Music, award-winning restaurants including Bavel and Girl & the Goat, and all that Downtown LA has to offer. Convenient access to major freeways and near USC.

Adolfo Aguirre

Listing Agent

Price History

Date

Event

Price

05/03/24

Sold

$990,000

03/17/22

Sold

$975,000

Condition Rating

Excellent

Despite being built in 1966, this loft has been extensively renovated to a modern industrial style. The gourmet kitchen features stainless steel appliances and granite countertops, and the polished concrete floors, exposed concrete walls, and modern lighting are all in excellent condition. The description also highlights a generously sized bathroom with an oversized soaking tub, central A/C and heat, and motorized shades, indicating all components are new or virtually new and meet current quality standards.

Pros & Cons

Pros

Exceptional Arts District Location: Situated in the highly desirable Arts District, the property boasts unbeatable walkability to renowned dining, entertainment, and cultural landmarks.

Extensive Luxury Building Amenities: Residents benefit from a secured community with 24/7 security, a state-of-the-art rooftop fitness center, sky deck with pool, hot tub, cabanas, and BBQ areas.

Distinctive Industrial-Chic Design: The loft features a dramatic open floor plan with polished concrete finishes, extra-tall 13-foot ceilings, and expansive windows, creating a bright, modern industrial aesthetic.

Premium Interior Features & Conveniences: Equipped with a gourmet kitchen, custom storage, oversized soaking tub, motorized shades, in-unit laundry, central A/C, and a secured parking space.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =23308, other record lot size in square feet = 23466.

High Monthly Association Fee: The $681.0 monthly association fee is substantial and could impact affordability and long-term ownership costs for potential buyers.

Limited Bathroom Count: With only one bathroom for a 1330 sqft loft, this may be a drawback for some buyers seeking additional facilities or for future resale value.

Significant Price Reduction: The current list price of $849,000 is notably lower than recent sales (e.g., $990,000), which may raise questions about market conditions or underlying property factors.

510 S Hewitt 515, Los Angeles, California 90013, Los Angeles, 90013 - bed, 1 bath