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738 S Los Angeles Street Unit 701

Los Angeles, CA 90014

1 bed
1 bath
960 sqft
~1 acre lot
$572 per sqft
1914 build
– on site

Sitting atop the Historic Eckardt Building in the Fashion District in DTLA is Penthouse 1, a jaw-dropping, front-facing, one-bedroom and one-bathroom penthouse loft. Spanning nearly 1000 square feet, the Eckardt Penthouse 1 offers unobstructed stunning city views, a NYC-style fire escape/informal balcony, a large open floor plan, 12-foot ceilings, a wall of oversized Fleetwood windows, a deluxe suite of stainless steel appliances, including an updated Bosch dishwasher, a Bosch gas range and microwave, an updated LG french door refrigerator, as well as an updated in-unit Bosch washer/dryer, an updated HVAC system, and a rare and coveted in-building underground parking space. The open, connected and fluid floor plan invites you to entertain, work, cook, chat and/or relax all while flooded in natural light and with the gorgeous blue sky and cityscape as your backdrop. As the day closes, steal away to your private bedroom, enclosed by sustainable natural cork tiled sliding doors for privacy and sound proofing, and unwind and sleep. The variations in color and texture of the original concrete floors contribute significantly to the historic character of the penthouse loft. The Eckardt building is located in Santee Village and the HOA includes access to and use of the community's rooftop pool, three spas, putting green, basketball court, BBQ facilities, as well as a state-of-the-art fitness center. The building has secured entry and 24-7 live security personnel. Close to many of the city's best and most celebrated restaurants and cultural landmarks. Property taxes are significantly reduced, up to 60% to 70% off, through the Mills Act. HOA fees include water, trash and gas. The Eckardt Penthouse 1 offers the luxe life at an exceptional price, and it may make a prescient investment with the forthcoming FIFA World Cup 2026 and the Summer Olympics 2028 slated to be hosted in Los Angeles.

Listed By CRMLS_CA / Aimee Stern / Douglas Elliman of California, Inc.

Last checked: Checking… • Last updated Nov 16, 2024 •

MLS# 24461271 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1914
Year Built Source:

Assessor
New Construction:

No
Entry Level:

1
Patio:

1
Patio And Porch Features:

See Remarks
Total Number Of Units:

48
Unit Number:

701
Stories Total:

7

Interior

Features:

Open Floorplan, High Ceilings
Levels:

One
Entry Location:

Penthouse
Kitchen Features:

Granite Counters, Kitchen Open to Family Room
Eating Area:

Dining Room
Window Features:

Double Pane Windows, Screens
Room Type:

Family Room, Entry
Living Area Source:

Assessor
Fireplace:

No
Fireplace:

None
Laundry:

Washer Included, Dryer Included
Laundry:

1

Room Dimensions

Living Area:

960.00

Financial & Terms

Disclosures:

CC And R's

Location

Directions:

Take 101 to S. Los Angeles Street. Between 7th and 8th Street. Street parking and parking lot on the corner of 7th and Maple.
Latitude:

34.04236800
Longitude:

-118.25139300

The Property

Property Type:

Residential
Subtype:

Condominium
Zoning:

LAM2
Lot Size Area:

38319.0000
Lot Size Acres:

0.8797
Lot Size SqFt:

38319.00
Lot Size Source:

Assessor
View:

1
View:

City Lights
Fencing:

None
Fence:

No
Security Features:

24 Hour Security, Automatic Gate, Fire and Smoke Detection System, Carbon Monoxide Detector(s), Card/Code Access, Fire Sprinkler System, Gated Community, Smoke Detector(s)
Additional Parcels:

No
Lease Considered:

No

Listing Agent

Contact info:

Beds

Total Bedrooms:

1

Baths

Total Baths:

1
Bathroom Features:

Shower in Tub
Full & Three Quarter Baths:

1
Full Baths:

1

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5145029150

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Utilities

Sewer:

Other
Water Source:

Public

Appliances

Appliances:

Dishwasher, Disposal, Microwave, Refrigerator, Gas Cooktop, Gas Oven
Included:

Yes

Schools

High School District:

Los Angeles Unified

The Community

Senior Community:

No
Pool:

Association
Private Pool:

No
Spa:

1
Spa Features:

Association
Inclusions:

All appliances, including washer and dryer.
Association Amenities:

Controlled Access, Spa/Hot Tub, Sport Court, Pool, Outdoor Cooking Area, Maintenance Grounds, Gas, Security, Trash, Sewer
Association:

Yes
Association Fee:

$921.61
Association Fee Frequency:

Monthly
Association Fee 2 Frequency:

Monthly
Assessments:

No

Parking

Parking:

Yes
Parking:

Parking Space, Subterranean, Private, Controlled Entrance
Parking Spaces:

1.00
Garage Spaces:

1.00
Remotes:

2

Monthly cost estimate

Asking price

$550,000

Expense	Monthly cost
Mortgage	$2,945
Taxes	N/A
Insurance	$151
HOA fees	$922
Utilities	$103 See report
Total	$4,121/mo.^*
	^*This is an estimate

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From

Walk Score®

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Transit Score®

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Soundscore™

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Sale history

Date	Event	Source	Price	% Change
11/8/24 Nov 8, 2024	Listed / Active	CRMLS_CA	$550,000	3.8% (0.4% / YR)
5/27/16 May 27, 2016		CRMLS_CA	$530,000
4/5/16 Apr 5, 2016	Sold Subject To Contingencies	DAMLS

39% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $36k above asking price on average, but some went as high as $116k over asking price.

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This condo located in Central LA, Los Angeles, CA 90014 is currently for sale for $550,000. 738 S Los Angeles Street Unit 701 is a 960 square foot condo with 1 bed and 1 bath that has been on Estately for 9 days. 738 S Los Angeles Street Unit 701 is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 98, making it a walker’s paradise. This condo is in the attendance area of Nava College Preparatory Academy, Dr Maya Angelou Community Senior High, Thomas Jefferson Senior High, 9th Street Elementary School, John Adams Middle School, and Santee Education Complex.

Listing Courtesy of: CRMLS_CA and Douglas Elliman of California, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 23:37 on Nov 16.

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.