215 W 7th Street 1003, Los Angeles, California 90014, Los Angeles, 90014 - bed, 1 bath
ACTIVE$380,000
215 W 7th Street 1003, Los Angeles, California 90014
0Bed
1Bath
570Sqft
15,926Lot
Year Built
1911
Close
-
List price
$380K
Original List price
$395K
Price/Sqft
$667
HOA
$691
Days on market
-
Sold On
-
MLS number
25537385
Home ConditionFair
Features
Good View: City Lights
ViewCity Lights
About this home
We found 3 Cons,5 Pros. Rank: price - $380.0K(33th), sqft - 570(11th), beds - undefined(22th), baths - 1(50th).
Welcome to Unit #1003 at the Bartlett Building a historic gem located in the heart of Downtown Los Angeles. Enjoy this spacious studio featuring large windows, updated kitchen, and in unit laundry. The Bartlett is a Mills Act-approved building, offering potential property tax savings. Amenities include a 24-hour concierge, rooftop deck with panoramic views, secure building access, and on-site laundry facilities. Moments from The Last Bookstore, Grand Central Market, Whole Foods, the Metro, and an eclectic mix of dining, shopping, and entertainment options. Live in the heart of the city with character, convenience, and charm.
Price History
Date
Event
Price
08/19/22
Sold
$360,000
02/28/05
Sold
$240,000
Condition Rating
Fair
The property is located in a historic building from 1911. While the listing mentions an 'updated kitchen,' the images reveal black appliances and a functional, rather than high-end, aesthetic. The bathroom, though clean, features dated tile work in the shower (likely 15-25 years old). The visible radiator suggests an older heating system, and there's no apparent central AC. The flooring is large format tile/concrete, which is durable but not a modern, high-end finish. The unit is move-in ready and well-maintained, but key areas show signs of being outdated, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Prime Downtown Location: Situated in the heart of Downtown Los Angeles, offering unparalleled access to dining, shopping, entertainment, and public transportation (Metro), appealing to an urban lifestyle.
Historic Building with Character: The Bartlett Building is a historic gem, providing unique character and charm, distinct from newer constructions.
Mills Act Tax Savings: As a Mills Act-approved building, the property offers potential significant property tax savings, enhancing its long-term financial appeal.
Comprehensive Building Amenities: Residents benefit from a 24-hour concierge, secure building access, a rooftop deck with panoramic views, and on-site laundry facilities, adding convenience and luxury.
Updated Interior Features: The studio boasts large windows, an updated kitchen, and in-unit laundry, providing modern comforts within a historic setting.
Cons
High Association Fee: The monthly association fee of $691.0 is substantial for a 570 sqft studio, significantly impacting the overall monthly carrying costs for an owner.
Studio Configuration: As a studio unit, the property offers limited living space and functional separation, which may restrict its appeal to a narrower demographic of buyers (e.g., singles, investors) compared to units with separate bedrooms.
Urban Noise and Activity: Its central Downtown LA location, while a strength for access, inherently means exposure to constant urban noise and activity, which may not suit all preferences for tranquility.