746 S Los Angeles Street 607, Los Angeles, California 90014, Los Angeles, 90014 - 1 bed, 1 bath

746 S Los Angeles Street 607, Los Angeles, California 90014 home-pic-0
ACTIVE$549,000
746 S Los Angeles Street 607, Los Angeles, California 90014
1Bed
1Bath
650Sqft
Lot
Year Built
1922
Close
-
List price
$549K
Original List price
$549K
Price/Sqft
$845
HOA
$853.67
Days on market
-
Sold On
-
MLS number
V1-30389
Home ConditionExcellent
Features
Excellent View: City Lights, Landmark, Panoramic
Pool
Spa
ViewCity Lights,Landmark,Panoramic

About this home

We found 3 Cons,5 Pros. Rank: price - $549.0K(67th), sqft - 650(11th), beds - 1(50th), baths - 1(50th).

Welcome to your urban oasis at 746 S Los Angeles St, Unit 607, nestled in the heart of Downtown Los Angeles' vibrant Fashion District! This stunning live/work loft in the historic Cornell Building offers a rare opportunity to own a piece of LA's dynamic skyline just as the city gears up to host the 2028 Olympics. Embrace the excitement of downtown living and secure your dream property in a city poised for global attention.This chic 1-bedroom, 1-bathroom loft boasts an open-concept design with soaring 10-foot ceilings, polished concrete floors, and oversized industrial windows that flood the space with natural light while framing iconic city views. The modern kitchen is an entertainer's delight, featuring sleek granite countertops, European-style cabinetry, and premium Bosch stainless steel appliances. Relax in the spacious bathroom with a deep soaking tub, and enjoy the convenience of an in-unit Bosch washer/dryer. With 1 dedicated parking space in the secure Maple Street garage and eligibility for up to 70% property tax savings through the Mills Act, this unit blends style, practicality, and value.As part of the coveted Santee Village community, residents enjoy an array of resort-style amenities, including a rooftop pool, multiple hot tubs, a 24-hour fitness center, a half basketball court, a golf driving range, and BBQ lounges with breathtaking city vistas. The complex also offers 24-hour security, controlled access, a dog run, and a courtyard with a mini-market and food court for ultimate convenience.Living in Downtown LA means immersing yourself in Downtown Living a true paradise, situated close to nearby trendy restaurants like Sonoratown, coffee shops like No Ghost Bears, and cultural hotspots like the Ace Hotel and Regent Theater. The nearby Pershing Square and 7th Street/Metro Center Station (0.7 miles away) make commuting a breeze, while proximity to Whole Foods, the Original Los Angeles Flower Market, and eclectic boutiques fuels an unmatched lifestyle. With five parks, including Vista Hermosa Natural Park, within 3.6 miles and easy access to major freeways (I-5, 110, 101), you're connected to all that LA has to offer.Don't miss your chance to own in the heart of a city on the rise. With the Olympics set to shine a spotlight on Los Angeles, Unit 607 is more than a home--it's an investment in a vibrant, world-class future. Schedule a tour today and experience the upside of downtown living at its finest!

Nearby schools

5/10
Ninth Street School
Public,K-50.5mi
4/10
John Adams Middle School
Public,6-81.8mi
5/10
Santee Education Complex
Public,9-121.1mi
3/10
Nava College Preparatory Academy
Public,9-122.2mi

Price History

Date
Event
Price
01/17/14
Sold
$355,000
10/21/11
Sold
$193,500
Condition Rating
Excellent

Despite the building's 1922 construction, this loft unit has undergone a comprehensive and recent renovation, presenting as virtually new. The kitchen features sleek European-style cabinetry, granite countertops, and premium Bosch stainless steel appliances, all in excellent, modern condition. The bathroom is equally updated with contemporary fixtures, dark tile, and a modern vanity. Polished concrete floors throughout, modern light fixtures, and industrial windows contribute to a chic, move-in ready aesthetic with no deferred maintenance.
Pros & Cons

Pros

Prime Location & Investment Opportunity: Situated in the heart of Downtown LA's vibrant Fashion District, offering excellent walkability to cultural hotspots, dining, and public transit, with significant investment potential tied to the upcoming 2028 Olympics.
Extensive Resort-Style Amenities: Residents benefit from an impressive array of community amenities including a rooftop pool, multiple hot tubs, 24-hour fitness center, basketball court, golf driving range, BBQ lounges, 24-hour security, and a dog run.
Modern Loft Design & Features: The unit boasts a chic open-concept design with soaring 10-foot ceilings, polished concrete floors, oversized industrial windows providing abundant natural light and city views, a modern kitchen with Bosch appliances, and in-unit laundry.
Substantial Property Tax Savings: Eligibility for up to 70% property tax savings through the Mills Act offers a significant financial advantage, reducing the overall cost of ownership.
Dedicated Parking & Panoramic Views: Includes a valuable dedicated parking space in a secure garage, a rare commodity in Downtown LA, complemented by panoramic city lights and landmark views from the unit.

Cons

High Monthly Association Fees: The monthly association fee of $853.67 is considerably high, impacting the overall affordability and monthly carrying costs for potential buyers.
Limited Living Space: With 650 sqft, the 1-bedroom loft offers a compact living area, which may be restrictive for some buyers seeking more spacious accommodations.
Age of Building Structure: While the unit is updated, the building was constructed in 1922. Despite its historic charm, an older structure can potentially lead to higher maintenance costs or unexpected issues over time.

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