Check Availability
$4,999,000
↓ $501K (9.1%)
House - For Sale

698 Moulton Ave

Los Angeles, CA 90031
bedrooms
3 Beds
bathrooms
4 Baths
square feet
9180 Sqft
$24,546
Estimated Monthly
$0
HOA / Fees

About This Property

Rare opportunity to acquire and expand upon an AIA award winning architectural landmark in favorable proximity to the bustling, multicultural neighborhoods of Downtown and East LA. Masterfully designed by Michael Rotondi of RoTo Architects, the Reges Residence is a self-contained artist live-in compound seton over half an acre. Built as a multi-functional space; this innovative conceptual residence provides the unique opportunity to live/work with potential to expand 48,000 square feet for commercial use or end user development. The studio gallery, which heralds 35 high lofted ceilings, is an historic curation of industrial materials with a secluded library/media room and private guest suite. The space is easily adapted for events, opening up to a private tropical courtyard, koi pond and desert garden. Light pours in from a series of multi-story steel-framed windows, transforming the entire space from sunrise to sunset. A sophisticated blend of natural and industrial elements embellish the open format living/dining area, which seamlessly connects to an elevated pool deck. Constructed from a repurposed oil storage container, the pool and mezzanine provide spectacular views of Downtown and access to an elevated catwalk to explore the property. The primary suite, which features a sleek step-down wardrobe with dressing area, personal office cove, and covered gym deck, is encased in glass overlooking the Los Angeles skyline and San Gabriel Mountains. Additional guest rooms throughout the home and adjoining studio each take on compelling shapes, angles, and vantage points. Located adjacent to the historic and exclusive artist community "The Brewery", a central hub conveniently located near multiple transportation networks providing ease of access to all of Los Angeles. A more functionally versatile, thoughtfully designed, and historically renowned home will be hard to find.

The manager has listed the unit size as 9180 square feet.
Unit Size
9,180Ft²
Days on Market
572 days
Land Size
0.52 acres
Price per sqft
$545
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1922
Last updated: 4 months ago (CLAWCA #203591)

Price History

Date / Event Date Event Price
Jan 7, 2024 Price Decreased $4,999,000
↓ $501K (9.1%)
Price Decreased
Nov 1, 2023 Price Decreased $5,500,000
↓ $1M (15.4%)
Price Decreased
Aug 31, 2023 Price Decreased $6,500,000
↓ $500K (7.1%)
Price Decreased
May 17, 2023 Relisted $7,000,000
Relisted
Apr 21, 2023 In contract -
In contract
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Concrete
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 22,845
  • Total Building Area: 4,407
  • Building Area: 4,407
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 4,407
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 9886
  • Land Acres: 0.524
  • Standard Land Use Code: Single family residential
  • Legal Description 1: POR OF LOT 1 TR NO 9886 AND POR OF LOT 1 TR NO 12968

Ownership

  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 199700

Zoning

  • Zoning: LAM3

Geography

  • Subdivision Tract Number: 9886,12968
  • Parcel: 5410-016-007
  • Lot: 1
  • Municipality: EAST /NO. DOWNTOWN LA
  • Latitude: 34.0632
  • Longitude: -118.22

    Address

  • Full Address: 698 Moulton Ave
  • Address - House Number: 698
  • Address - Street Name: Moulton
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C001
  • 4-Digit Zip Code: 3290
  • Zip Code: 90031

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $22,324
  • Tax Rate Code Area: 12-703

    Appraisal Valuation

  • Standard Deviation: 0.0676
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 96
  • Final Value: 4,933,718
  • High Value: 5,267,474
  • Low Value: 4,599,961

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,400,000
  • First Open Lien Mortgage Lender: GLASSMAN LENDING LLC
  • First Open Lien Mortgage Recording Date: Nov 09, 2021
  • First Open Lien Mortgage Loan Amount: $3,400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Nov 09, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,874,376
  • Assessed Land Value: $1,444,865
  • Assessed Improvements Value: $429,511

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About East LA


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Frequently Asked Questions

When was property at 698 Moulton Avenue built and last sold?
The property at 698 Moulton Avenue was built in 1922 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 698 Moulton Avenue is $5,158,284.
What are some comparable homes to 698 Moulton Avenue?
There are currently no comparable homes to 698 Moulton Avenue.

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