Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

527 Molino Street 401

Los Angeles, CA, 90013

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$1,599,000

MLS: OC25200682

Beds

2

Baths

2

Sq Ft

1,710

Lot

0.85 ac

Year Built

1910

MLS #

OC25200682

Days on Market

184

Listed

Oct 17, 2025

Description

WORK/LIVE LOFT in DTLA Arts District. This light-filled corner unit penthouse makes it the perfect space for an artist to live and create. You will find Urban sophistication with a blend of industrial loft modernism while still maintaining warmth and comfort. Barker Block is the standard of style in the arts district. 1,710 square feet with 2 bedrooms, 2 full baths, exposed brick, steel beams, 10-foot ceilings, pull-out pantry, walk in closet and steam shower. You can choose to move in or use this as your business headquarters. The rooftop deck has cinematic city views and sunsets, a hot tub, pool, gym and barbecue. This pet-friendly building's has 24-hour security, private parking, and common area gardens with a fire pit. UNIT 401 has additional storage in building! Step outside to experience what TimeOut Magazine crowned the coolest neighborhood in LA, with some of the city’s best restaurants, cafes, breweries, and shops at your doorstep. The Arts District, is home to Girl & the Goat, Manuela, Bavel, Blue Bottle, Verve, SoHo Warehouse and more. There is access to the Metro, major freeways and the train station. This area of DTLA offers the perfect balance of vibrant city energy and neighborhood friendliness with dog parks and playgrounds.

Location

Los Angeles, Los Angeles County, CA 90013

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Listed by: Lydia Del Torto-Koprowski · HomeSmart, Evergreen Realty

Payment estimate

$11,407

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $159,900 · Loan: $1,439,100

%
Principal & Interest
$8,842
Property tax (1.25%)
$1,666
Homeowners insurance
$300
Mortgage insurance
$600
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $55,965 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Los Angeles, CA 90013 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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