698 Moulton Ave, Los Angeles, CA 90031
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698 Moulton Ave Los Angeles, CA 90031

$4,350,000 Sold Price as of 05/31/2024
  • 3 Beds
  • 2 Baths
  • 9,180 Sq.Ft.
Sold
$4,350,000 Sold Price as of 05/31/2024 Refinance Your Mortgage

Map preview of 698 Moulton Ave, Los Angeles, CA 90031

Property Overview: 698 Moulton Ave Los Angeles, CA has 3 bedrooms, 2 bathrooms, 9,180 living square feet and 22,863 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 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.

Listed by Carl Gambino | BRE #01971890 | Compass
Co-listed by Ariel Putman | BRE #02137887 | Compass
Last checked: 4 minutes ago | Last updated: June 1st, 2024 | Source CRMLS | DOM: 548

Home details

Lot Sq. Ft
22,863
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
22203591
City
Los Angeles
County
Los Angeles
Time on Site
717 days

Property Details for 698 Moulton Ave

Interior Features
Cooling Information
  • Has Cooling
  • Dual
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Inside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Art Studio, Dressing Area, Entry, Living Room, Primary Bathroom, Office, Workshop
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Refrigerator
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 2
Interior Features
  • Levels: Three Or More
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Pool
  • Pool Features: Private
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights, Hills, Panoramic
  • Common Walls: No Common Walls
  • Parcel Number: 5410016007
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Daley Street to Main Street to Moulton Ave
View more facts & features

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Sale History for 698 Moulton Ave

Last sold for $4,350,000 on May 31st, 2024
  • May, 2024

  • May 31, 2024

    Date

    Sold

    CRMLS: 22203591

    $4,350,000

    Price

  • Oct 3, 2022

    Date

    Active

    CRMLS: 22203591

    $7,000,000

    Price

  • August, 2019

  • Aug 22, 2019

    Date

    Expired

    CRMLS: 18381154

    $6,860,000

    Price

  • Jan 23, 2019

    Date

    Price Change

    CRMLS: 18381154

    $6,860,000

    Price

  • Aug 31, 2018

    Date

    Active

    CRMLS: 18381154

    $7,350,000

    Price

  • Listing provided courtesy of CRMLS

    Inspirational architecture joins incredible opportunity on a half an acre on the edge of Downtown Los Angeles. This work of art, created by ROTO Architects combines modern form with the structure of a former Edison Electric Art Deco Substation. The result is an AIA award-winning masterwork that now serves as gallery, artist studio, entertainment space and creative compound. Multi-levels move in and out of the historic facade to create a new environment, grand in scale yet intimate in experience. Form and function are found in the stylish entertaining space, studio, terraces and walkways that overlook the lush garden, koi pond and an industrial cool reflecting pool. There may exist many ways to enhance or develop this rare offering further on this large parcel just minutes from DTLA, Chinatown and the Historic Core. The Carlson-Reges Residence is an anchor of the Brewery Arts Complex, LA's premier Artist-in-Residence Live/Work community. Building does not currently have a C of O.

  • January, 2018

  • Jan 25, 2018

    Date

    Expired

    CRMLS: 17198182

    $13,555

    Price

  • Jul 18, 2017

    Date

    Active

    CRMLS: 17198182

    $13,555

    Price

  • Jul 16, 2017

    Date

    Expired

    CRMLS: 17198182

    $13,555

    Price

  • Mar 6, 2017

    Date

    Price Change

    CRMLS: 17198182

    $13,555

    Price

  • Feb 8, 2017

    Date

    Price Change

    CRMLS: 17198182

    $15,200

    Price

  • Jan 31, 2017

    Date

    Active

    CRMLS: 17198182

    $15,000

    Price

  • Listing provided courtesy of CRMLS

    6000sqft of prime creative office space located at The Brewery Artist Lofts is now available. Located in the highly regarded and desirable art community known as "The Brewery", 608 Moulton Avenue is a must see. With hundreds of thousands of dollars of upgrades, this beautiful creative work space with it's massive photo cove, 12+ work stations, dressing room, media room, entry lounge, conference room and commercially equipped kitchen, makes this a great deal. Fully furnished and ready to work with high speed internet, plenty of power, supplied water, doc ramp, 30 foot ceilings, plenty of storage, pantry room, ADA compliant bathrooms, shower and even a local cafe. Come with your creative ideas to make this space work for you. 5 or more year lease is available

  • December, 2017

  • Dec 30, 2017

    Date

    Expired

    CRMLS: OC17186233

    $10,900,000

    Price

  • Sep 28, 2017

    Date

    Price Change

    CRMLS: OC17186233

    $10,900,000

    Price

  • Aug 12, 2017

    Date

    Active

    CRMLS: OC17186233

    $12,500,000

    Price

  • Listing provided courtesy of CRMLS

    THIS IS AN AMAZING OPPORTUNITY FOR A 1/2 ACRE WORK/LIVE COMPOUND! This 1922 industrial structure, built for the Edison Electric Company, as a power plant maintenance substation in the Art-Deco Style, was the main inspiration and key element in the residence you see today. This A.I.A. award winning contemporary home, is a unique artist-in-residence studio and living space with a ground floor gallery, second floor entertainment space, a mezzanine with a reflecting lap pool and penthouse bedroom suite with stunning views of downtown Los Angeles. Each floor has decks that connect the lush gardens and interiors with unique views of urban Los Angeles. Along with the subject property, this offering includes plans for a future potential for an 8 story infill development of 12 to 54 units ranging from 800 to 2,400 square feet per unit of industrial artist-in-residence spaces. The plan also includes green construction with self-sustaining ECO infrastructure to maximize the ½ acre’s parcel potential as a self contained creative compound. With entitlements and an active permit, this home or project is ready for development right next to the future L.A. River Project.

  • August, 2017

  • Aug 10, 2017

    Date

    Expired

    CRMLS: OC17029338

    $12,500,000

    Price

  • Feb 16, 2017

    Date

    Active

    CRMLS: OC17029338

    $12,500,000

    Price

  • Feb 12, 2017

    Date

    Hold

    CRMLS: OC17029338

    $12,500,000

    Price

  • Feb 12, 2017

    Date

    Active

    CRMLS: OC17029338

    $12,500,000

    Price

  • Listing provided courtesy of CRMLS

    AMAZING OPPORTUNITY FOR A 1/2 ACRE WORK/LIVE COMPOUND! The 1922 industrial structure, built for the Edison Electric Company, as a power plant maintenance substation in the Art Deco Style, was the main inspiration and key element in the residence you see today. In 1996 the owner commissioned the founder of Roto Architects, to design a modern multi-use addition to support the Arts. The collaboration resulted in what exists today, an AIA award winning contemporary home, a unique artist in residence studio and living space with a ground floor gallery, second floor entertainment space and a mezzanine with a reflecting lap pool, and penthouse bedroom suite with stunning views of downtown Los Angeles. Each floor has decks that connect the lush gardens and interiors with unique views of urban Los Angeles. Along with the subject property, this offering includes plans for a future potential for an infill development of 12 units at 2,000 to 2,400 square feet per unit of industrial artist in residence spaces. The plan includes green construction with self-sustaining eco infrastructure to maximize the ½ acre’s parcel potential as a self contained creative compound.

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Tax History for 698 Moulton Ave

Assessed Value (2020): $1,783,121
Year Land Value Improved Value Assessed Value
2020 $1,374,520 $408,601 $1,783,121

Home Value Compared to the Market

This property vs the competition

698 Moulton Ave sold on May 31, 2024 for 346.34% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $544.55 per/sqft which puts the price per square foot 24.79% lower than the current median sale per square foot for the city of Los Angeles.

About 698 Moulton Ave

Detailed summary of property

698 Moulton Ave is a single family home that recently sold in Los Angeles, CA 90031. This house offered 3 bedrooms, 2 bathrooms, roughly 9,180 living square feet, and sits on an approximately 22,863 square foot lot. 698 Moulton Ave was first listed on ArdentRealEstateGroup.com on October 3, 2022. The homeowner sold the property for $4,350,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 346.34% higher than the current median priced home. Local homes that are currently for sale include 620 Burleigh Dr, 1960 N Edgemont St and 217 S San Rafael Ave. While the average home in Los Angeles, CA is selling in 106 days, 698 Moulton Ave has a days on market of 548 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 698 Moulton Ave Los Angeles, CA 90031 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 698 Moulton Ave

Public county record property details
Beds
3
Baths
3
Year built
1922
Sq. Ft.
4,407
Lot Size
22,844
Stories
--
Type
Single Family Residential
Pool
Yes
Spa
No
County
Los Angeles
Lot#
1
APN
5410-016-007

The source for these homes facts are from public records.

90031 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$849,000
Median List Price/Sq.Ft.
$701
Median Sold Price
$825,000
Median Sold Price/Sq.Ft.
$628
Total Inventory
38
Median Sale to List Price %
99.64%
Avg Days on Market
42
Loan Type
Conventional (28.57%), FHA (0%), VA (0%), Cash (14.29%), Other (28.57%)

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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.