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500 Molino St 301, Los Angeles, CA 90013

Sale Price: $955,000
Sep 11, 20241,280 sqft0 beds1 baths
Listed by: Antonia Pennington
License #: 02117673
Phone #: 818-274-4685
Compass
Source:
CRMLS Logo
MLS #: 24438193

Property Description

Congrats, you have arrived to the right place! Step into this one-of-a-kind live/work urban loft, where modern details meet artistic charm, super private top floor corner unit.. Imagine the open, airy spaces of a classic New York City loft with a 19-foot ceilings at its highest peak, exposed brick walls, and original hardwood floors that tell a story of their own blended seamlessly with bold, creative touches that offer the perfect canvas for your personal style. Natural light pours through oversized windows, illuminating every inch of the space, creating an inviting atmosphere perfect for both living and working. The layout is as versatile as it is stunning, ideal for the visionary who craves flexibility and inspiration in their everyday environment. The loft's kitchen is a chef's dream: an updated, modern space featuring a premium Wolf range, stainless steel appliances, brand-new exhaust vent installed above the stove, and gorgeous soapstone countertops. The centerpiece is the oversized kitchen island, crowned with a rich padauk wood top that adds warmth and sophistication to the space. Designer wallpaper accents add a flair of elegance, complementing the fresh white paint on most walls, creating a harmonious blend of modern and timeless design. You'll also find a spacious walk-in closet that offers ample storage, ensuring everything has its place while maintaining the loft's clean, open aesthetic. Step outside onto your private balcony to take in breathtaking views of the 4th Street Bridge and glittering city lights - a perfect spot to unwind with the city as your backdrop. Beyond the unit, the Molino Lofts building itself exudes charm and prestige. It's a well-maintained, historic building that offers residents a blend of luxury and comfort. The rooftop deck is a sight to see, providing stunning panoramic views of the city skyline, serene oasis to enjoy day or night. Residents also have access to a fully equipped gym, making it easy to maintain a healthy lifestyle without leaving the building. For convenience, there's rooftop parking just a short distance from the unit, providing quick and easy access to your vehicle. In the heart of the Arts District, this loft is just a super short distance to some of the best restaurants and coffee shops in town, including Girl & the Goat, Manuela, Zinc Cafe & Market, Urth Cafe, Far Bar, Garons de Caf, Redbird, Wurstkuche, and so much more. The vibrant, walkable neighborhood puts the city's finest dining and culture right at your doorstep. For the discerning buyer who values both function and style, this urban loft offers not just a place to live, but a lifestyle fusion of history, art, and convenience wrapped into one amazing space." Please note, a special assessment fee of $316.31 will be due on December 1st, 2024, alongside the regular monthly assessment. The purpose of the special assessment is to partially offset the sharp increase in the insurance premium.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$14,619

TurboHome Estimated Value

$977,300

$764 sqft

High Valuation
$1,026,165
$802/sqft
Normal Valuation
$977,300
$764/sqft
Low Valuation
$928,435
$725/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$764/sqft$977,300

Neighborhood: Wholesale District-Skid Row

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Comparative Value

$835K

$875K

$955K

$970K

$980K

530 Molino St 117, Los Angeles, CA 90013

Sale Price: $835,000

Selected Comparable

1855 E Industrial St 314, Los Angeles, CA 90021

Sale Price: $840,000

Selected Comparable

530 Molino St 102, Los Angeles, CA 90013

Sale Price: $875,000

Selected Comparable

500 Molino St 301, Los Angeles, CA 90013

Sale Price: $955,000

Selected Comparable

510 S Hewitt St 409, Los Angeles, CA 90013

Sale Price: $970,000

Selected Comparable

500 Molino St 301, Los Angeles, CA 90013

List Price: $980,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
500 Molino St 301, Los Angeles, CA 90013

500 Molino St 301, Los Angeles, CA 90013

List: $980,000

Listed: 9/11/2024

Area:1,280 sqft
Price/sqft:$766
Beds:
Baths:1
Year Built:
Lot Size:83,068.916

Comparable Properties

COMPARABLE
Choose comps
500 Molino St 301, Los Angeles, CA 90013

500 Molino St 301, Los Angeles, CA 90013

Sale: $955,000

12/3/20240.00 mi

Area:1,280 sqft
Price/sqft:$746
Beds:
Baths:1
Year Built:
Weight:22.5%
510 S Hewitt St 409, Los Angeles, CA 90013

510 S Hewitt St 409, Los Angeles, CA 90013

Sale: $970,000

8/30/20240.10 mi

Area:1,310 sqft
Price/sqft:$740
Beds:
Baths:1
Year Built:
Weight:21.4%
530 Molino St 102, Los Angeles, CA 90013

530 Molino St 102, Los Angeles, CA 90013

Sale: $875,000

11/26/20240.00 mi

Area:1,450 sqft
Price/sqft:$603
Beds:
Baths:1
Year Built:
Weight:20.5%
530 Molino St 117, Los Angeles, CA 90013

530 Molino St 117, Los Angeles, CA 90013

Sale: $835,000

11/25/20240.00 mi

Area:1,570 sqft
Price/sqft:$532
Beds:
Baths:1
Year Built:
Weight:19.1%
1855 E Industrial St 314, Los Angeles, CA 90021

1855 E Industrial St 314, Los Angeles, CA 90021

Sale: $840,000

1/8/20250.36 mi

Area:1,410 sqft
Price/sqft:$596
Beds:1
Baths:1
Year Built:
Weight:16.5%

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