527 Molino Street 206, Los Angeles, California 90013, Los Angeles, 90013 - 1 bed, 1 bath
ACTIVE$725,000
527 Molino Street 206, Los Angeles, California 90013
1Bed
1Bath
1,030Sqft
37,045Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Arts District Location: Situated in a vibrant and highly sought-after Arts District location, offering excellent walkability to cultural attractions, dining, and entertainment, enhancing lifestyle and potential appreciation.
Top Cons:
High Association Fees: The monthly association fee of $603.69 is substantial and adds a significant recurring cost to ownership, which may deter some potential buyers.
Compared to the nearby listings
Price:$725.0K vs avg $627.5K (+$97,500)64%
Size:1,030 sqft vs avg 1,030.5 sqft50%
Price/sqft:$704 vs avg $56086%
More Insights
Built in 1910 (115 years old).
Condition: Despite the original build year of 1910, this property has undergone an extensive and high-quality adaptive re-use renovation, transforming it into a modern loft. The kitchen features contemporary flat-panel cabinetry, stainless steel appliances (including a modern refrigerator, range, and microwave), and stylish countertops, all appearing in excellent condition. The bathroom is equally updated with a modern vanity, subway tile shower surround with a glass partition, and contemporary fixtures. Throughout the unit, light-toned wood flooring, modern light fixtures, and exposed brick/beams (as intentional design elements) contribute to a sophisticated and move-in ready aesthetic. All visible components meet current quality standards with no signs of deferred maintenance or significant physical depreciation, indicating a recent and thorough renovation.
Year Built
1910
Close
-
List price
$725K
Original List price
$725K
Price/Sqft
$704
HOA
$603.69
Days on market
-
Sold On
-
MLS number
25575541
Home ConditionExcellent
Features
View-
About this home
Located in the prestigious Barker Block, this stunning residence blends historic charm with modern sophistication. Originally home to the Barker Brothers Furniture Company, this iconic turn-of-the-century brick building was transformed through adaptive re-use by award-winning developer The KOR Group. This unique loft showcases authentic architectural details, including exposed original brick walls, beamed ceilings, and warm wood flooring. The open-concept layout offers a flexible living space ideal for both relaxing and entertaining.Barker Block offers resort-style amenities, including a rooftop pool and spa with panoramic city views, a fully equipped fitness center, inviting community entertaining areas, and an on-site art galleryone of the only complexes in the area to feature such a creative space. Enjoy 24/7 security and a reserved parking space for added convenience. All of this, set in a vibrant and sought-after Arts District location - don't miss this opportunity to own a piece of downtown LA's most iconic residential communities.
Price History
Date
Event
Price
05/18/22
Sold
$675,000
Condition Rating
Excellent
Despite the original build year of 1910, this property has undergone an extensive and high-quality adaptive re-use renovation, transforming it into a modern loft. The kitchen features contemporary flat-panel cabinetry, stainless steel appliances (including a modern refrigerator, range, and microwave), and stylish countertops, all appearing in excellent condition. The bathroom is equally updated with a modern vanity, subway tile shower surround with a glass partition, and contemporary fixtures. Throughout the unit, light-toned wood flooring, modern light fixtures, and exposed brick/beams (as intentional design elements) contribute to a sophisticated and move-in ready aesthetic. All visible components meet current quality standards with no signs of deferred maintenance or significant physical depreciation, indicating a recent and thorough renovation.
Pros & Cons
Pros
Prime Arts District Location: Situated in a vibrant and highly sought-after Arts District location, offering excellent walkability to cultural attractions, dining, and entertainment, enhancing lifestyle and potential appreciation.
Historic Charm & Modern Renovation: The property blends historic charm with modern sophistication, featuring authentic architectural details like exposed original brick walls, beamed ceilings, and warm wood flooring, resulting from an adaptive re-use by an award-winning developer.
Resort-Style Amenities: Barker Block offers exceptional resort-style amenities, including a rooftop pool and spa with panoramic city views, a fully equipped fitness center, inviting community areas, and a unique on-site art gallery.
Security & Convenience: The complex provides 24/7 security and includes a reserved parking space, which are highly valuable features in a dense urban environment like downtown Los Angeles.
Flexible Open-Concept Loft Design: The unique loft boasts an open-concept layout, providing a flexible living space ideal for both relaxing and entertaining, appealing to modern urban dwellers.
Cons
High Association Fees: The monthly association fee of $603.69 is substantial and adds a significant recurring cost to ownership, which may deter some potential buyers.
Limited Unit Views: Despite the building's rooftop views, the property details indicate 'view: None' for the unit itself, suggesting a lack of direct city or panoramic views from within the residence.
Single Bedroom/Bathroom Configuration: As a 1-bedroom, 1-bathroom unit, its appeal is limited to individuals or couples, potentially narrowing the buyer pool compared to properties with more bedrooms or bathrooms.