424 Bamboo Ln, Los Angeles, CA 90012
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424 Bamboo Ln Los Angeles, CA 90012

$1,849,000
  • -- Beds
  • -- Baths
  • 3,578 Sq.Ft.
For Sale
$1,849,000 Get Pre-Qualified

Map preview of 424 Bamboo Ln, Los Angeles, CA 90012

Property Overview: 424 Bamboo Ln Los Angeles, CA has -- bedrooms, -- bathrooms, 3,578 living square feet and 1,461 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: A Fabulous & unique Mixed Use opportunity. Welcome to 424 Bamboo Lane, the epitome of urban chic in the heart of Los Angeles' vibrant Chinatown. This stunning 3-floor loft is designed for those who appreciate the finer things in life, offering an unrivaled blend of modern luxury and cultural charm. With three studio rooms in the basement & a full kitchen with all appliances, this versatile space is perfect for creative endeavors or hosting guests, providing both privacy and flexibility. The high ceilings on the main floor amplify the natural light and spaciousness, creating a grand and open atmosphere that is ideal for any event. The rooftop is a true oasis, adorned with lush turf and offering breathtaking views of the cityscape. Ideal for entertaining or unwinding after a long day, this space serves as your personal sanctuary in the sky. What truly sets 424 Bamboo apart is its potential as a revenue-generating asset. The loft can be easily operated as a studio or event space, making it a lucrative investment opportunity. The dynamic layout and prime location make it perfect for hosting events, photo shoots, and private gatherings, providing a consistent stream of recurring revenue. Nestled in the dynamic Chinatown district, 424 Bamboo Lane is just steps away from the best nightlife, dining, and cultural experiences Los Angeles has to offer. Savor the flavors of renowned restaurants, explore unique boutiques, and immerse yourself in the lively community that surrounds you. Chinatown is a bustling neighborhood known for its rich history, diverse culinary scene, and vibrant street life. Living at 424 Bamboo Lane places you at the nexus of tradition and modernity, with everything from classic dim sum spots to contemporary art galleries in close proximity. The area is also well-connected, making it easy to access other parts of Los Angeles, whether you're commuting for work or exploring the city's many attractions. With its unbeatable location, luxurious amenities, and distinctive character, 424 Bamboo Lane offers a lifestyle like no other. This is more than just a place to live – it's your gateway to the ultimate Los Angeles experience and a unique opportunity to capitalize on the vibrant energy of Chinatown.

Listed by Bridgid Jones | BRE #01860497 | Coldwell Banker Hallmark
Co-listed by Armen Avedian | BRE #00945343 | Coldwell Banker Hallmark
Last checked: 15 minutes ago | Last updated: August 22nd, 2024 | Source CRMLS | DOM: 30

Home details

Lot Sq. Ft
1,461
HOA Dues
$0/mo
Year built
1951
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
GD24146195
City
Los Angeles
County
Los Angeles
Time on Site
64 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 424 Bamboo Ln

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Property Details for 424 Bamboo Ln

Interior Features
Laundry Information
  • Inside
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Level
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 5414008013
  • Entry Level: 2
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Between N Hill Street & N Broadway
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Sale History for 424 Bamboo Ln

Last sold for $1,865,000 on August 30th, 2019
  • July, 2024

  • Jul 16, 2024

    Date

    Active

    CRMLS: GD24146195

    $1,849,000

    Price

  • September, 2019

  • Sep 3, 2019

    Date

    Sold

    CRMLS: 18412270

    $1,865,000

    Price

  • May 10, 2019

    Date

    Active Under Contract

    CRMLS: 18412270

    $1,900,000

    Price

  • Feb 21, 2019

    Date

    Active

    CRMLS: 18412270

    $1,900,000

    Price

  • Feb 19, 2019

    Date

    Expired

    CRMLS: 18412270

    $1,900,000

    Price

  • Dec 3, 2018

    Date

    Active

    CRMLS: 18412270

    $1,900,000

    Price

  • Listing provided courtesy of CRMLS

    Free standing, 3 story contemporary loft with staircase to rooftop with awesome views! One-of-a-kind cross property zoned commercial C2 in the heart of Hip, Innovative, Chinatown LA. Written up in LA Lofts (Article Attached). Currently used as Creative Office Space and post-production facility. Security system. Back and front entrances. Live/Work possibility - full kitchen and bathroom. Newer electrical, plumbing, and computer cabling throughout. 5 post production or 3 sound / music rooms. Small open air workspace in back. Ideal for musicians, artists, composers, film editors, and other creatives. Must see to believe - walking distance to Metro, Chinatown restaurants, art galleries, etc. Buyer to independently verify. Listing Agent has ownership interest in property.

  • August, 2019

  • Aug 30, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,865,000

    Price

  • May, 2019

  • May 1, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • January, 2019

  • Jan 1, 2019

    Date

    Expired

    CRMLS: 17225042

    $1,850,000

    Price

  • Jun 27, 2018

    Date

    Withdrawn

    CRMLS: 17225042

    $1,850,000

    Price

  • Apr 30, 2018

    Date

    Active

    CRMLS: 17225042

    $1,850,000

    Price

  • Dec 11, 2017

    Date

    Canceled

    CRMLS: 17225042

    $1,850,000

    Price

  • Apr 27, 2017

    Date

    Active

    CRMLS: 17225042

    $1,850,000

    Price

  • Listing provided courtesy of CRMLS

    LOFT style, renovated, minimalist style Chinatown beauty rebuilt from the ground up. Featured in the book "LA Lofts," this dashing 3 story with built ins is zoned as a C2 and can possibly be used as a home, an office, or a mixed used creative and office space .It has 5 state of the art sound/post production rooms, that can double as office rooms, that connect to one central equipment room. Powerful electrical capabilities for multi creative uses. Contemporary, yet cozy. Possibility of staircase to the roof top for views. Make it your own with interior cosmetic walls that can be left up or taken down. Possible sale of alleyway in back for possible parking, garden use and other uses. Buyer to independently verify all details and to make investigation and Broker/Agent does not guarantee accuracy. Owner/Agent.

  • May, 2015

  • May 22, 2015

    Date

    Price Change

    CRMLS: 15907097

    $1,800,000

    Price

  • Listing provided courtesy of CRMLS

    Featured in LA LOFTS, this beautiful building is ideal for live/work and as a creative office. Strong Steel frame and poured concrete -- you can change space as you like with almost no interior supporting beams!!! 3 Floors. Three professionally designed sound isolated MUSIC rooms. New electrical, plumbing, and computer cabling. Full kitchen and bar area. Climate controlled rooms. Full kitchen and bathroom. Renovated Adaptive Reuse Zone. Huge flat roof area, 4 car parking. Partial ownership of alley in back Be part of LA's hip Chinatown/downtown Los Angeles renaissance. Seller Broker. Close to financial and fashion districts, and to museums, galleries, shopping, restaurants, the Gold Line, the 110, 5 and 101 freeways Cannot be MISSED!

  • May, 2015

  • May 19, 2015

    Date

    Active

    CRMLS: 15905843

    $1,800,000

    Price

  • Listing provided courtesy of CRMLS

    Featured in LA LOFTS, this beautiful building is ideal for live/work and as a creative office. Strong Steel frame and poured concrete -- you can change space as you like with almost no interior supporting beams!!! 3 Floors. Three professionally designed sound isolated MUSIC rooms. New electrical, plumbing, and computer cabling. Full kitchen and bar area. Climate controlled rooms. Full kitchen and bathroom. Renovated Adaptive Reuse Zone. Huge flat roof area, 4 car parking. Partial ownership of alley in back Be part of LA's hip Chinatown/downtown Los Angeles renaissance. Seller Broker. Close to financial and fashion districts, and to museums, galleries, shopping, restaurants, the Gold Line, the 110, 5 and 101 freeways Cannot be MISSED!

  • May, 2015

  • May 18, 2015

    Date

    Active

    CRMLS: 15907085

    $1,800,000

    Price

  • Listing provided courtesy of CRMLS

    Fully renovated C2 zoned property under an Adaptive Reuse Ordinance. Photographed and written about in LA LOFTS, it has been used as a live/work space and is currently used as a post-production facility with multiple creative office space. The building is poured concrete with completely new electrical, plumbing, and computer cabling throughout. The three floors include three professionally designed sound isolated post rooms in the basement, full kitchen and bar area, and a full bathroom with shower and living quarters upstairs. Huge flat roof area, comes with partial ownership of alley in back with parking for at least four cars. Right in the heart and ambiance of LA's hip Chinatown/downtown Los Angeles district, Close to financial and fashion districts. Broker Seller. Close to museums, galleries, shopping, restaurants, the Gold Line, and very close to the 110, 5 and 101 freeways. Ideally located in High Growth area.

  • June, 2014

  • Jun 13, 2014

    Date

    Price Change

    CRMLS: 14769501

    $1,850,000

    Price

  • Listing provided courtesy of CRMLS

    One-of-a-kind cross property zoned commercial and residential in the heart of Downtown LA. Written up in LA Lofts, currently used as office space and post-production facility. Completely new electrical, plumbing, and computer cabling throughout. Three floors including 3 sound-isolated post rooms in basement, poured concrete building. Huge flat roof area, comes with partial ownership of alley in back with parking for at least four cars. Must see to believe - walking distance to Metro, Chinatown restaurants, art galleries, etc. Perfect for live/work space - full kitchen and bathrooms.

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Tax History for 424 Bamboo Ln

Assessed Value (2020): $1,865,000
Year Land Value Improved Value Assessed Value
2020 $900,000 $965,000 $1,865,000

Home Value Compared to the Market

This property vs the competition

424 Bamboo Ln is listed 54.08% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $516.77 per/sqft which puts the price per square foot 32.71% lower than the median price per square foot for the city of Los Angeles.

About 424 Bamboo Ln

Detailed summary of property

424 Bamboo Ln is a mixed use located in Los Angeles, CA 90012 and is currently for sale. This mixed use property offers -- bedrooms, -- bathrooms, roughly 3,578 living square feet, and sits on an approximately 1,461 square foot lot. 424 Bamboo Ln was first listed on ArdentRealEstateGroup.com on July 17, 2024. The homeowner is currently asking $1,849,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 54.08% higher than the median priced home. Local competing homes currently for sale include 2655 Short St, 3501 Fletcher Dr and 3475 Union Pacific Ave. While the average home in Los Angeles, CA is selling in 106 days, 424 Bamboo Ln has a days on market of 30 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 424 Bamboo Ln Los Angeles, CA 90012 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 424 Bamboo Ln

Public county record property details
Beds
--
Baths
--
Year built
1951
Sq. Ft.
3,578
Lot Size
1,460
Stories
2
Type
Restaurant
Pool
No
Spa
No
County
Los Angeles
Lot#
14,15
APN
5414-008-013

The source for these homes facts are from public records.

90012 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$598,000
Median List Price/Sq.Ft.
$582
Median Sold Price
$635,000
Median Sold Price/Sq.Ft.
$608
Total Inventory
51
Median Sale to List Price %
99.37%
Avg Days on Market
26
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (40%), Other (20%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.