tomo logo

$895,000

Beds
Unknown
Baths
1.0
sq ft
1,450

530 Molino St Unit 102, Los Angeles, CA 90013

530 Molino St Unit 102

Los Angeles, CA 90013

  • Pending
Welcome to 530 Molino. I am a newly renovated gem, showcasing refinished floors, exquisite quartzite countertops, and brand-new appliances—all designed to elevate your living experience. I offer a unique live/work loft that seamlessly blends modern sophistication with artistic flair, conveniently located on the first floor for effortless access. Step inside and be greeted by my expansive, airy ambiance reminiscent of a classic Downtown loft. I feature soaring ceilings, custom wall-to-wall mirrors, and original bamboo floors that tell a rich story, all harmoniously infused with striking, creative elements—perfect for expressing your personal style. Natural light floods through my floor-to-ceiling windows and private balcony, creating an inviting atmosphere ideal for both living and working. My versatile layout serves as a canvas for inspiration, catering to the visionary who thrives on flexibility. The kitchen is a chef’s paradise, completely remodeled with a large tub sink, exquisite quartzite countertops, sleek new cabinets, and stainless steel appliances. The oversized kitchen island adds both warmth and elegance, while large custom mirrors enhance the sophisticated ambiance, complemented by fresh white walls that balance modernity with timeless appeal. Imagine enjoying your morning coffee on your private balcony—a serene start to your work-from-home day. My fully remodeled bathroom features a state-of-the-art LED mirror, all-new fixtures, cabinets, and countertops, ensuring a luxurious retreat. The Molino Lofts building radiates charm and prestige, offering a fully equipped gym that makes it easy to maintain an active lifestyle without leaving home. Convenience is paramount, with rooftop parking just a quick elevator ride away, providing swift access to your vehicle. Situated in the vibrant Arts District, I place you mere steps from some of the city’s finest dining and coffee spots, including Girl & the Goat, Manuela, Zinc Café & Market, Urth Café, Far Bar, Garons de Caf, Redbird, Wurstküche, and many more. Welcome to a lifestyle where luxury meets creativity—welcome home!

Details

Property type

Condominium

Est. home value

$1,006,006

Property condition

Updated/Remodeled

Lot size

1.9073 acres

Price per sq ft

$618

Year built

1923

Monthly HOA fee

$574.5

Price History

11/19/2024
CRMLS

CRMLS #OC24210680

Pending
$895,000
10/10/2024
CRMLS

CRMLS #OC24210680

Listed
$895,000

Schools & Community

Neighborhood: 

Central City East

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Los Angeles Unified

Number of units in community: 

40

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

$596,140
Asking price
$895,000
Closing costs (~8% of asking)
-$71,600
Est. remaining loan balance
-$227,260
Cash to seller
$596,140

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

Seller’s Loan History

Lender

Bay Valley Mortgage Group

Loan start date

February 2020

Original loan amount

$275,500

Est. remaining balance

$227,260

Interest rate

3.72%

Loan type

New Conventional, 20 year

Seller

Jayne H Choi and Stewart Kenichi Tabutani

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: Pending/Under Contract

Tomo last checked: 11/22/2024 at 1:40 AM

Listing updated: 11/18/2024 at 7:25 PM

Listed by: Alvin Chin, The Network Agency Phone #: (949) 335-5435

MLS: CRMLS #OC24210680

CRMLS logo

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