315 E 8th Street 301, Los Angeles, California 90014, Los Angeles, 90014 - 2 bed, 2 bath

315 E 8th Street 301, Los Angeles, California 90014 home-pic-0
ACTIVE$799,999
315 E 8th Street 301, Los Angeles, California 90014
2Beds
2Baths
1,370Sqft
7,339Lot
Year Built
1925
Close
-
List price
$800K
Original List price
$888K
Price/Sqft
$584
HOA
$909
Days on market
-
Sold On
-
MLS number
P1-18991
Home ConditionExcellent
Features
Good View: City Lights
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $800.0K(78th), sqft - 1370(78th), beds - 2(67th), baths - 2(78th).

Experience the epitome of urban living in this one-of-a-kind loft located in the heart of the Fashion District within the historic Textile Building. Spanning 1,370 sq ft, this Mills Act Property Tax-relief property seamlessly blends historic charm with modern upgrades. The loft features two spacious bedrooms, two bathrooms, and an entry hall that sets the tone for its sophisticated design. Step inside to find high concrete ceilings, exposed ductwork, and polished concrete floors, all illuminated by natural light pouring in through historic industrial windows. The LA skyline views serve as a stunning backdrop to the living space, embodying the true DTLA lifestyle. The remodeled kitchen boasts quartz countertops and subway tiles. A stackable washer/dryer for added convenience is also included in unit. The primary suite is a true retreat. A separate dream closet conversion, complete with a chandelier and seating area with a vintage gate-closing door. The updated bathrooms, central air, and heating further elevate the living experience.Residents enjoy access to a rooftop deck with BBQ, multiple rooftop spas, a sport court, fitness center, and a nearby rooftop pool, perfect for soaking in the city's vibrant atmosphere. With tandem assigned parking, a storage unit, and proximity to the LA Flower Mart, this loft offers both luxury and convenience in one of Downtown LA's most coveted buildings.

Price History

Date
Event
Price
08/02/16
Sold
$735,000
06/20/12
Sold
$443,000
Condition Rating
Excellent

Despite being in a historic 1925 building, this loft has undergone extensive modern upgrades and renovations. The kitchen features contemporary white flat-panel cabinetry, quartz countertops, subway tile backsplash, and modern stainless steel appliances, all appearing virtually new. Bathrooms are updated with modern vanities, fixtures, and subway tile. Polished concrete floors, exposed ductwork, and central air/heating contribute to a high-quality, move-in ready condition with a desirable modern industrial aesthetic.
Pros & Cons

Pros

Prime DTLA Location & Views: Located in the heart of the Fashion District within the historic Textile Building, offering a true DTLA lifestyle with stunning LA skyline views and proximity to the LA Flower Mart.
Mills Act Property Tax Relief: Designated as a Mills Act property, providing significant property tax benefits which can lead to substantial long-term savings for the owner.
Modernized Historic Loft Design: Seamlessly blends historic charm with modern upgrades, featuring high concrete ceilings, exposed ductwork, polished concrete floors, historic industrial windows, a remodeled kitchen, and updated bathrooms.
Extensive Building Amenities: Residents enjoy access to a rooftop deck with BBQ, multiple rooftop spas, a sport court, fitness center, and a nearby rooftop pool, enhancing the urban living experience.
In-Unit & Parking Convenience: Includes a stackable washer/dryer in unit, central air and heating, tandem assigned parking, and a dedicated storage unit, adding significant comfort and practicality.

Cons

High Monthly Association Fee: The association fee of $909.0 per month is substantial and will significantly impact the overall monthly cost of ownership.
Urban Environment Trade-offs: While a prime location for urban living, the dense Fashion District can entail challenges such as noise, traffic, and limited immediate green spaces, which may not appeal to all buyers.
Tandem Parking: The assigned tandem parking, while valuable in DTLA, can be inconvenient for households with multiple vehicles or frequent guest parking needs, requiring cars to be moved to allow access.

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