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698 Moulton Avenue, Los Angeles, CA 90031

$10,900,000

  • For Sale
  • Active
  • Condo / Townhouse
  • 3 Beds
  • 3 Full Baths
  • 4,407 Sq. Ft.
  • 2 Car Garage
698 Moulton Avenue, Los Angeles, CA 90031 View this property at 698 Moulton Avenue, Los Angeles, CA 90031
698 Moulton Avenue Los Angeles CA 90031

Property Description

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.

Full Property Details for 698 Moulton Avenue

  • Price: $10,900,000
  • Status: Active
  • Type: Condo /Townhouse
  • MLS ID: OC17186233
  • Updated: 9/28/2017
  • Added: 74 day(s) ago

Property History

  • 698 Moulton Avenue, Los Angeles, CA
  • Reduced to $10,900,000 on 9/28/17
  • Listed at $12,500,000 on 8/11/17

Interior

  • Rooms/Areas: Art Studio, Entry, Family Room, Foyer, Home Theater, Living Room, Loft, Master Suite, Multi-Level Bedroom, Utility Room
  • Interior Features: 2 Staircases, Balcony, Built-Ins, Cathedral-Vaulted Ceilings, Copper Plumbing (Full), Granite Counters, Living Room Balcony, Living Room Deck Attached, Open Floor Plan, Pantry, Phone System, Recessed Lighting, Sunken Living Room, Track Lighting, Two-Story Ceilings
  • Fireplace: Yes
  • Fireplace(s): Living Room, Gas
  • Eating Areas: Breakfast Counter/Bar, Dining Room, In Living Room
  • Appliances: 6 Burner Stove, Freestanding Range, Freezer, Garbage Disposal, Gas Oven, Gas Range, Gas Stove, Gas Water Heater, High Efficiency Water Heater, Icemaker, Range/Stove Hood, Refrigerator, Tankless Water Heater
  • Flooring: Concrete, Wood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Area, Dryer Included, Electric Dryer Hookup, Stackable

Additional Information

  • Pool: Yes
  • Pool Description: Private

Exterior

  • Deck/Patio: Concrete, Deck, Wood

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking: Unassigned, Driveway, Shared Driveway, Asphalt Driveway, Garage (Direct Access), Garage (Single Door), Off-Street

Location

  • County: Los Angeles
  • Driving Directions: 5 Freeway exit Main Street.

School Information

  • School District: Los Angeles Unified

Community

  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lighting

Heating & Cooling

  • Cooling Type: Central, Zoned, Heat Pump, Electric, Gas
  • Heating Type: Zoned, Heat Pump

Utilities

  • Water: Public

Structural Information

  • Architectural Style: Modern
  • Structure Type: Commercial/Residential
  • Foundation: Concrete Perimeter
  • Roof: Metal
  • Common Walls: No Common Walls
  • Windows: Insulated Windows, Low Emissivity Windows, Skylights
  • Disability Access: Wide Doors (32 Inches or More), Doors - Swing In, Entry Slope Less than 1 in 12, Low-Pile Carpeting, Parking
  • Stories/Levels: Three Or More
  • Stories Description: Three Or More
  • Square Feet: 4,407
  • Year Built: 1922
  • Year Built Source: Assessor
  • Property Condition: Additions/Alterations, Building Permit, Updated/Remodeled

Lot Features

  • Property View: City Lights, Panoramic
  • Lot Size (Sq. Ft.): 22,845
  • Lot Size Source: Assessor
  • Zoning: LAM3
  • Lot Description: Corner Lot, Cul-de-Sac, Value In Land
  • Fencing (Description): Excellent Condition

Financial Considerations

  • Price Per Sq. Ft.: $2,473.34

Disclosures and Reports

  • Special Conditions: Standard

Listed by Coldwell Banker Beachside LB, Joseph Cordi

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698 Moulton Avenue will cost you if you:

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698 Moulton Avenue, Los Angeles, CA 90031 (MLS# OC17186233) is a Condo / Townhouse property with 3 bedrooms and 3 full bathrooms. 698 Moulton Avenue is currently listed for $10,900,000 and was received on August 11, 2017. Want to learn more about 698 Moulton Avenue? Do you have questions about finding other Condo / Townhouse real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

Listed by Coldwell Banker Beachside LB, Joseph Cordi