2 months on rocket

Sale Pending

500 Molino St Unit 301, Los Angeles, CA, 90013

$980,000

Home List Price

$10,000*

Closing Credit

1 Full Bath
1,280 SqFt
$766/SqFt
Condo

Location

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500 Molino St Unit 301, Los Angeles$980,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingControlled Entrance, Driveway Down Slope From Street, Gated, Deck, Community Structure
Year Built1923
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewBridge(s), City Lights
MLS #24438193
Lot Size1.91 Acres
StatusSale Pending
(Pending)

About 500 Molino St Unit 301

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.

Property Details

Property Features

Property Information:

  • Year Built: 1923
  • Stories: 0
  • Living Area: 1,280 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (323) 593-6999
  • Listing Agent: Antonia Pennington

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Cooktop, Disposal, Gas Oven, Refrigerator
  • Flooring Type: Tile, Wood
  • Interior: Brick Walls, High Ceilings, Open Floorplan, Loft, Walk-In Closet(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Bridge(s), City Lights

Parking Information:

  • Parking: Controlled Entrance, Driveway Down Slope From Street, Gated, Deck, Community Structure

Lot Features

Lot Information:

  • Lot Size: 1.91 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Use Google maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $980,000
  • Price Per SqFt: $766/SqFt

HOA Fees:

  • Amount: $527
  • Frequency: Monthly
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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

1542

500 Molino St Unit 301 vs Los Angeles

73 DAYS ON ROCKET

+35 Days

$980,000

-$43.4K Less

$766/SqFt

+$125 More

KEY TAKEAWAY

This property is $43.4K less than the Median Sold Price and $125/SqFt more 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: #24438193

Listing Office:

  • Office Name: Compass
  • Office Phone: (323) 593-6999
  • Listing Agent: Antonia Pennington

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: 11/23/2024, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,005

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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-1011056
5
/10
  • Para los Nios Charter

  • 1617 E 7th St

  • 0.48 miles

  • Public Charter Grades KG-5

school-card-donut-1011057
5
/10
  • Puente Charter

  • 501 S Boyle Ave

  • 0.78 miles

  • Public Charter Grades KG-3

school-card-donut-1011058
3
/10
  • 9th Street School

  • 835 Stanford Ave

  • 0.87 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,329. Typical income of Los Angeles, CA residents is less than $35k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 500 Molino St Unit 301

What is the listing price of this property?

The listing price of 500 Molino St Unit 301 property is $980,000.

What type of property is this?

The property 500 Molino St Unit 301 is a condo located in Los Angeles, California, 90013.

Is this property for sale now?

Sale Pending: 500 Molino St Unit 301 is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

How many bedrooms and bathrooms does this property have?

The property at 500 Molino St Unit 301 has 1 bathroom..

What is the square footage of this property?

The property 500 Molino St Unit 301 is 1,280 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 Molino St Unit 301 is 1923.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles90013500 Molino St Unit 301

This home is located at 500 Molino St Unit 301 in Los Angeles, CA and zip code 90013 in the Central LA neighborhood. This 1,280 square foot home, which was built in 1923, sits on a 1.91 acre lot. Features: 1 bathroom. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $980,000.

In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,023,474.

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

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