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825 E 4th Street 503, Los Angeles, California 90013, Los Angeles, 90013 - bed, 2 bath

825 E 4th Street 503, Los Angeles, California 90013 home-pic-0
ACTIVE$1,250,000
825 E 4th Street 503, Los Angeles, California 90013
0Bed
2Baths
1,910Sqft
43,183Lot
Year Built
1923
Close
-
List price
$1.25M
Original List price
$1.55M
Price/Sqft
$654
HOA
$826.35
Days on market
-
Sold On
-
MLS number
25520167
Home ConditionExcellent
Features
Excellent View: City Lights, Mountain(s)
ViewCity Lights,Mountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $1.25M(95th), sqft - 1910(91th), beds - undefined(32th), baths - 2(68th).

PRICED TO SELL! Discover the allure of industrial chic in this spacious 1910 sq ft loft, nestled in the heart of the Arts District. Enjoy the expansive open floor plan downstairs, where soaring concrete ceilings and polished concrete floors create a distinctive character. The living area seamlessly blends with the kitchen, offering abundant space for entertaining.A dedicated office area provides a dedicated workspace. Step onto either of the two balconies to soak in breathtaking views, bringing the city's energy into your home. Ascending the striking stairwell, you'll arrive at a spacious primary bedroom, offering a tranquil retreat complete with ample room for relaxation and personalized touches. This loft is a unique opportunity to embrace the dynamic lifestyle of the Arts District, with its vibrant art scene, trendy restaurants, and eclectic shops just steps away.

Price History

Date
Event
Price
04/19/19
Sold
$1,280,000
Condition Rating
Excellent
Despite the 1923 build year, this loft has undergone an extensive and high-quality 'industrial chic' renovation. The kitchen features modern flat-panel cabinetry, stainless steel appliances, and sleek countertops, all appearing virtually new. Both bathrooms are contemporary with modern vanities, vessel sinks, and tiled showers. Polished concrete floors and modern light fixtures are consistent throughout, indicating a recent and comprehensive update. The property is move-in ready with no visible deferred maintenance and meets current quality standards.
Pros & Cons

Pros

Prime Arts District Location: Nestled in the heart of the Arts District, offering immediate access to a vibrant art scene, trendy restaurants, and eclectic shops, appealing to a dynamic urban lifestyle.
Unique Industrial Chic Design: Features a distinctive industrial aesthetic with soaring concrete ceilings and polished concrete floors, creating a unique and stylish living environment.
Spacious & Functional Layout: A generous 1910 sq ft open floor plan provides abundant space for entertaining, complemented by a dedicated office area for remote work or creative pursuits.
Dual Balconies with Views: Includes two balconies offering breathtaking city lights and mountain views, enhancing the living experience and providing private outdoor space.
Significant Price Adjustment: Marketed as 'PRICED TO SELL!' with a substantial reduction from the original list price of $1.55M, indicating a motivated seller and potential for a favorable acquisition.

Cons

High Monthly Association Fees: The association fee of $826.35 per month is substantial and represents a significant ongoing cost that potential buyers must factor into their budget.
Niche Market Appeal: The specific industrial chic style and urban Arts District setting, while a strength for some, may appeal to a more niche buyer demographic, potentially limiting the broader market.
Historic Building Considerations: Built in 1923, the age of the building, despite being a converted loft, could imply potential for older infrastructure or specific maintenance requirements compared to newer constructions.

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