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$1,120,000

Beds
Unknown
Baths
1.0
sq ft
1,340

510 S Hewitt St Unit 501, Los Angeles, CA 90013

510 S Hewitt St Unit 501

Los Angeles, CA 90013

  • 45 days on market
Welcome home to The Barker Block: one of the most iconic and sought after buildings located in the Arts District of Downtown Los Angeles. This modern and industrial style end unit penthouse boasts floor to ceiling windows with breathtaking views of the city skyline. As you enter into the unit, you are welcomed by a spacious open floor plan with high ceilings, polished concrete floors and exposed pipes. The modern kitchen features stainless steel appliances and a custom-designed island. This condo features in-unit washer/dryer, central heating and air plus custom built in cabinets providing additional storage. The luxurious amenities of the complex include a resort style rooftop, equipped with pool, spa, fire pits, cabanas, BBQ, and a state of the art fitness center. Additional features include an assigned parking space conveniently located close to the unit with your very own EV-charger. Onsite staff includes HOA management and 24/7 security guard. Enjoy walking to numerous popular restaurants and coffee shops such as Best, Girl and the Goat, Blue Bottle, Urth Caffe, Verve and Maru. Plus conveniently located across the street from a dog park and easy access to all major freeways! Discover downtown living at its finest!

Details

Property type

Condominium

Est. home value

$935,158

Lot size

Unknown

Price per sq ft

$836

Year built

1966

Monthly HOA fee

$647

Price History

10/20/2024
CRMLS

CRMLS #P1-19531

Price change
$1,120,000
+1.91%
10/08/2024
CRMLS

CRMLS #P1-19531

Listed
$1,099,000
+30.06%
02/10/2021
CRMLS

CRMLS #P1-2267

Sold
$845,000

Schools & Community

Neighborhood: 

Central City East

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$336,186
Asking price
$1,120,000
Closing costs (~8% of asking)
-$89,600
Est. remaining loan balance
-$694,214
Cash to seller
$336,186

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

January 2021

Original loan amount

$760,500

Est. remaining balance

$694,214

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

Yan Leng and Curime Batliner

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/21/2024 at 7:35 PM

Listing updated: 10/19/2024 at 6:25 PM

Listed by: Angela Bono, The Agency Phone #: (626) 803-2000

MLS: CRMLS #P1-19531

CRMLS logo

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