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215 W 7th Street 308, Los Angeles, California 90014, Los Angeles, 90014 - 1 bed, 1 bath

215 W 7th Street 308, Los Angeles, California 90014 home-pic-0
ACTIVE$485,000
215 W 7th Street 308, Los Angeles, California 90014
1Bed
1Bath
880Sqft
15,926Lot
Year Built
1911
Close
-
List price
$485K
Original List price
$495K
Price/Sqft
$551
HOA
$674
Days on market
-
Sold On
-
MLS number
25478207
Home ConditionExcellent
Features
Good View: City Lights
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $485.0K(67th), sqft - 880(67th), beds - 1(50th), baths - 1(50th).

JUST REDUCED! Motivated Seller. Spacious, chic and bright this rare CORNER unit, a true one bedroom loft with potential to create a 2nd bedroom with city views, in the historic Bartlett Building is amazing! With a roomy 880 Sq ft, this is the only corner unit in the building with huge, extra-wide double-hung windows (exclusive to the mezzanine level) with views of Spring, 7th Street, and Broadway. Flooded with natural light, freshly painted, polished concrete floors, open plan kitchen with stainless steel appliances, and washer and dryer hook up in the unit. The Bartlett Building is located a half a block to Broadway and Pershing Square. Walking distance to historic and wonderful downtown attractions, enjoy a lifestyle enriched by cultural and culinary delights. Indulge in the vibrant surroundings with great restaurants, bars, and world class music and theatre venues just steps away. The building boasts a private rooftop patio to enjoy dinner and cocktails with 360 unobstructed city views of the LA Skyline. This is a Mills Act property offering the owner property tax savings. Easy to show! Don't miss this one.

Price History

Date
Event
Price
04/19/05
Sold
$350,000
Condition Rating
Excellent
Despite being built in 1911, this loft unit has undergone an extensive and very recent renovation. The kitchen features modern flat-panel cabinetry, stainless steel appliances, and subway tile backsplash, all appearing virtually new. The bathroom is equally updated with a contemporary vanity, vessel sink, and a walk-in shower with subway tile. The polished concrete floors throughout and 'freshly painted' interiors further indicate a high-quality, recent refresh, meeting current design standards with no visible deferred maintenance.
Pros & Cons

Pros

Prime Downtown Location & Walkability: Located a half a block to Broadway and Pershing Square, offering exceptional walkability to historic downtown attractions, cultural venues, restaurants, bars, and world-class entertainment.
Unique Corner Unit with Abundant Natural Light: A rare corner unit, the only one of its kind on the mezzanine level, featuring huge, extra-wide double-hung windows that flood the space with natural light and offer views of Spring, 7th Street, and Broadway.
Historic Building Appeal & Mills Act Status: Situated in the historic Bartlett Building, this property boasts character and offers significant property tax savings to the owner due to its Mills Act designation.
Spacious Loft with Modern Finishes & Potential: A roomy 880 sq ft true one-bedroom loft featuring freshly painted interiors, polished concrete floors, an open-plan kitchen with stainless steel appliances, in-unit washer/dryer hookups, and potential to create a second bedroom.
Building Amenities & City Views: Residents enjoy access to a private rooftop patio with 360-degree unobstructed city views of the LA Skyline, complementing the city views available directly from the unit.

Cons

Motivated Seller & Price Reduction: The 'JUST REDUCED!' and 'Motivated Seller' notations suggest potential challenges in selling the property or an urgency from the seller, which could indicate a need for a quicker sale.
High Association Fees: The monthly association fee of $674.00 is substantial and will add a significant recurring cost to homeownership, potentially impacting affordability for some buyers.
Lack of Dedicated Parking: The property description does not mention dedicated parking, which is a significant consideration and potential drawback for a downtown Los Angeles location where parking is often scarce and costly.

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