18 days on rocket

1317 Willow St, Los Angeles, CA, 90013

$12,500,000

3 Bedrooms
6 Baths
25,517 SqFt
$490/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingControlled Entrance, Driveway, Garage, Garage Door Opener, Guest, Private
Attached GarageYes
Year Built1902
CoolingNone
MLS #24467847
Lot Size0.39 Acres
StatusActive

About 1317 Willow St

Introducing The Magnus Walker Warehouse. Situated in the heart of the Downtown Los Angeles Arts District, this magnificent and soulful two story brick loft building, circa 1902, is the ultimate inspiration ground for any creatively inclined owner/user or commercial business with an eye for a one of a kind trophy property in an A+ location.This captivating property has been inhabited and beloved by multi-hyphenate Magnus Walker since he purchased it in 2000. Since then, It has been in use as a live/work space, a lucrative film/television/commercial location, an art gallery, the flagship and workshop of his clothing company, Serious Clothing, and the home of his priceless car collection.The building itself, at over 25,000 square feet, features a private and secure gated entry in to a courtyard with parking for up to 12 cars on the exterior and significantly more inside if needed. Exposed brick walls, vintage patinated wood floors, soaring ceiling heights, skylights, casement windows, an operating freight elevator, two kitchens, garden and 360 degree downtown views from the rooftop. Occupying 3 lots on two parcels, there are multiple street frontage opportunities for commercial use. Perfect for a buyer looking for a recording studio or production complex/clubhouse. A very rare offering - a legitimate gem and a once in a lifetime opportunity - it is ready for its next stewards' imagination and vision. Shown by appointment to pre qualified buyers only.

Property Details

Property Features

Property Information:

  • Year Built: 1902
  • Stories: 2
  • Living Area: 25,517 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (323) 593-6999
  • Listing Agent: Tori Horowitz

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator

Bedroom and Bathroom Information:

  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: Yes
  • Parking: Controlled Entrance, Driveway, Garage, Garage Door Opener, Guest, Private

Lot Features

Lot Information:

  • Lot Size: 0.39 Acres

Utilities

Utilities Information:

  • Cooling: None

Other

Directions Information:

  • Directions: Willow between Matteo and Santa Fe

Price Information

Listing Price Info

Price Summary:

  • List Price: $12,500,000
  • Price Per SqFt: $490/SqFt

Tax Information:

  • Annual Amount: $16,259
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

1317 Willow St vs Los Angeles

18 DAYS ON ROCKET

-20 Days

$12,500,000

+$11.4M More

$490/SqFt

-$150 Less

KEY TAKEAWAY

This property is $11.4M more than the Median Sold Price and $150/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24467847

Listing Office:

  • Office Name: Compass
  • Office Phone: (323) 593-6999
  • Listing Agent: Tori Horowitz

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 12:21:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 26, 2000Home Sold
$920,000
Nov 29, 1993Home Sold
$459,500

Tax History

YEARPROP. TAXASSESSMENT
2021$16,259$1,002,293
2020$15,877$992,016
2019$15,605$972,566
2018$15,584$953,497
2017$15,584$934,802

History based on county public records data.

Payment Calculator

$62.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$37.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4525708
5
/10
  • Para los Nios Charter

  • 1617 E 7th St

  • 0.41 miles

  • Public Charter Grades KG-5

school-card-donut-4525709
5
/10
  • Puente Charter

  • 501 S Boyle Ave

  • 0.70 miles

  • Public Charter Grades KG-3

school-card-donut-4525710
3
/10
  • 9th Street School

  • 835 Stanford Ave

  • 0.91 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,951. Residents of Los Angeles, CA typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1317 Willow St

What is the listing price of this property?

The listing price of 1317 Willow St property is $12,500,000.

What type of property is this?

The property 1317 Willow St is a house located in Los Angeles, California, 90013.

Is this property for sale now?

Active Listing: 1317 Willow St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $16,259 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 26, 2000 for $920,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1317 Willow St has 3 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 1317 Willow St is 25,517 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1317 Willow St is 1902.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900131317 Willow St

This home is located at 1317 Willow St in Los Angeles, CA and zip code 90013 in the Central LA neighborhood. This 25,517 square foot home, which was built in 1902, sits on a 0.39 acre lot. Features: 3 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 30, 2024 and is currently priced at $12,500,000.

While more than 512 listings in Los Angeles, CA in November 2024 were sold above asking price, there were more than 177 listings sold at asking price, and more than 657 were sold below. The inventory of homes for sale in Los Angeles, CA between October 2024 and November 2024 decreased by 0.6%. In November 2024 median list price was $1,021,532 and the average listing age was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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