527 Molino Street 407, Los Angeles, California 90013, Los Angeles, 90013 - 1 bed, 1 bath
ACTIVE$850,000
527 Molino Street 407, Los Angeles, California 90013
1Bed
1Bath
890Sqft
37,045Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Historic Industrial Charm: The property is situated in a rare 1910 building that uniquely retains its original industrial charm and brickwork, offering a distinctive artistic living environment.
Top Cons:
High Association Fees: The monthly association fee of $538.43 is a significant ongoing expense that adds to the total cost of ownership.
Compared to the nearby listings
Price:$850.0K vs avg $627.5K (+$222,500)86%
Size:890 sqft vs avg 969 sqft45%
Price/sqft:$955 vs avg $56095%
More Insights
Built in 1910 (115 years old).
Condition: This condo, located in a historic 1910 building, has undergone extensive modern renovations, likely within the last 5-15 years, making it move-in ready. The kitchen features contemporary flat-panel cabinetry, stainless steel appliances, and modern countertops, all appearing in excellent condition. Hardwood flooring extends throughout the living areas and bedroom, which also boasts an exposed brick wall and wooden beams, contributing to an industrial-chic aesthetic. While the building is old, the unit's interior finishes, lighting, and visible systems are updated and well-maintained, showing minimal wear and tear. The overall presentation is stylish and highly functional, though the absence of bathroom images prevents a full assessment of that specific area.
Year Built
1910
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$955
HOA
$538.43
Days on market
-
Sold On
-
MLS number
PW24189922
Home ConditionGood
Features
Good View: City Lights
Deck
Pool
Spa
ViewCity Lights
About this home
Welcome to 527 Molino Street, one of the rare buildings in Los Angeles that still retains its industrial charm, with brickwork dating back to 1910. This artistic structure is truly one of a kind in LA. Located on the fourth floor, the condo boasts excellent natural light, offering an unparalleled living experience as sunlight floods the space, right in the heart of the city. The building features an outdoor swimming pool, a jacuzzi, and breathtaking views of Los Angeles, perfect for hosting BBQ parties with friends. Additionally, the community offers a fully equipped gym for residents to enjoy. come and check it out!
Price History
Date
Event
Price
07/10/14
Sold
$578,500
Condition Rating
Good
This condo, located in a historic 1910 building, has undergone extensive modern renovations, likely within the last 5-15 years, making it move-in ready. The kitchen features contemporary flat-panel cabinetry, stainless steel appliances, and modern countertops, all appearing in excellent condition. Hardwood flooring extends throughout the living areas and bedroom, which also boasts an exposed brick wall and wooden beams, contributing to an industrial-chic aesthetic. While the building is old, the unit's interior finishes, lighting, and visible systems are updated and well-maintained, showing minimal wear and tear. The overall presentation is stylish and highly functional, though the absence of bathroom images prevents a full assessment of that specific area.
Pros & Cons
Pros
Historic Industrial Charm: The property is situated in a rare 1910 building that uniquely retains its original industrial charm and brickwork, offering a distinctive artistic living environment.
Prime Urban Location: Located in the 'heart of the city' in Downtown Los Angeles, the condo provides excellent access to urban amenities and a vibrant city lifestyle.
Abundant Natural Light: Positioned on the fourth floor, the unit boasts excellent natural light, creating a bright and inviting atmosphere throughout the living space.
Extensive Building Amenities: Residents benefit from a range of shared amenities including an outdoor swimming pool, jacuzzi, and a fully equipped gym, enhancing the quality of life.
Breathtaking City Views: The building offers breathtaking views of Los Angeles, providing an appealing backdrop for residents and ideal for social gatherings.
Cons
High Association Fees: The monthly association fee of $538.43 is a significant ongoing expense that adds to the total cost of ownership.
Limited Unit Size: With only 1 bedroom and 1 bathroom, the unit's size may not cater to all buyer demographics, especially those requiring more living space or accommodating a growing household.
Potential for Urban Noise: While central, the 'heart of the city' location could expose residents to higher levels of urban noise, which may impact tranquility.