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500 Molino Street 208, Los Angeles, California 90013, Los Angeles, 90013 - bed, 1 bath

500 Molino Street 208, Los Angeles, California 90013 home-pic-0
ACTIVE$649,000
500 Molino Street 208, Los Angeles, California 90013
0Bed
1Bath
990Sqft
83,084Lot
Year Built
1923
Close
-
List price
$649K
Original List price
$750K
Price/Sqft
$656
HOA
$579.05
Days on market
-
Sold On
-
MLS number
SB25102832
Home ConditionExcellent
Features
Deck
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $649.0K(59th), sqft - 990(50th), beds - undefined(32th), baths - 1(50th).

WOW WOW WOW! Great price for a historic studio condo in the popular Arts District of downtown Los Angeles. Have you been searching for a home with historic pedigree...think Downtown in 1923. Step inside this repurposed historic space where history meets contemporary living. This isn't just a unit; it's a living narrative. Think of a home with character plus...beautiful gleaming hardwood floors, high HIGH ceilings, an exposed brick floor-to- ceiling wall running the entire length of your sanctuary, streams of light flowing through large windows provide both warmth and creative possibilities, and a balcony to nurture your favorite plants or flowers or to catch some rays of sunshine. The open kitchen seamlessly blends old-world charm with modern convenience, featuring sleek stainless steel appliances, and a classic retro, high-end Big Chill refrigerator – a delightful nod to a bygone era. Enjoy fresh, filtered water with the convenient under sink water filtration system. In-unit laundry adds to the ease of living. Talk about ease of living, the home includes a full bathroom so enjoy a relaxing soak in your tub or if you prefer enjoy a workout in the community gym. Huge free-standing mirrored wardrobe adds functionality, style and reflective light. The expansive open floor plan invites creativity and relaxation, offering endless possibilities to make this unique space your own...remote work space, photography, artist studio, your private sanctuary...your vision awaits! Priced as the absolute lowest (BTV) studio in the Arts District, It's move-in ready. Live in it now or use it as a long term investment. Walkable to cool coffee shops, popular restaurants, dog parks, etc. And just minutes to professional sports venues, world renowned museums, parks, and Downtown's office core. Your peace of mind is ensured with a secure building and parking space in this beautifully refurbished live/work building. This Molino Loft studio is more than just a place to live; it's a chapter in the ongoing story of the Arts District, waiting for you to add your own words.

Nearby schools

5/10
Ninth Street School
Public,•K-5•0.9mi
6/10
Hollenbeck Middle School
Public,•6-8•1.3mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•1.4mi

Price History

Date
Event
Price
08/09/25
Price Change
$649,000
05/08/25
Listing
$750,000
04/06/21
Sold
$650,000
11/17/16
Sold
$625,000
02/27/06
Sold
$397,000
Condition Rating
Excellent
Despite being built in 1923, this property has undergone an extensive and high-quality modern renovation, transforming it into a 'repurposed historic space where history meets contemporary living.' The kitchen features sleek stainless steel appliances and a high-end 'Big Chill' retro refrigerator, indicating recent and stylish updates. The bathroom is also fully updated with modern subway tile, a contemporary vanity, and unique pebble flooring, all appearing virtually new. The gleaming hardwood floors throughout the unit are in excellent condition. The property is described as 'move-in ready,' with no visible signs of deferred maintenance or wear, aligning perfectly with the criteria for an 'Excellent' condition score due to its comprehensive and recent renovation.
Pros & Cons

Pros

Prime Arts District Location: Situated in the highly sought-after Arts District, offering exceptional walkability to popular coffee shops, restaurants, dog parks, and minutes from professional sports venues, museums, and Downtown's office core.
Unique Historic Character & Design: A repurposed historic building from 1923, featuring gleaming hardwood floors, high ceilings, an exposed brick wall, and large windows, blending old-world charm with contemporary living.
Spacious & Versatile Open Floor Plan: At 990 sqft, this studio offers an expansive open layout that provides endless possibilities for creative use, such as a remote workspace, artist studio, or private sanctuary.
Modern Conveniences & Building Amenities: Equipped with sleek stainless steel appliances, a high-end retro Big Chill refrigerator, in-unit laundry, a full bathroom with a tub, a community gym, secure building access, and a dedicated parking space.
Competitive Pricing & Investment Potential: Currently priced as the lowest studio in the Arts District (BTV) and is move-in ready, making it an attractive option for immediate occupancy or a long-term investment.

Cons

Studio Configuration: Despite its generous size, the property is a studio, which may limit its appeal to buyers seeking separate bedrooms or more traditional living arrangements.
High Monthly Association Fees: The monthly association fee of $579.05 is a significant recurring cost that adds to the overall expense of ownership and could deter some potential buyers.
Lack of Defined Private Spaces: The open floor plan, while versatile, means there are no distinct, private rooms beyond the bathroom, which might not suit all lifestyles or future resale preferences.

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