8 days on rocket

738 S Los Angeles St Unit 701, Los Angeles, CA, 90014

$550,000

Home List Price

$6,531*

Closing Credit

1 Bedroom
1 Full Bath
960 SqFt
$573/SqFt
Condo

Location

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738 S Los Angeles St Unit 701, Los Angeles$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingControlled Entrance, Underground, Private, One Space
Garage1 space
Year Built1914
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewCity Lights
MLS #24461271
Lot Size0.88 Acres
StatusActive

About 738 S Los Angeles St Unit 701

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.

Property Details

Property Features

Property Information:

  • Year Built: 1914
  • Stories: 7
  • Living Area: 960 SqFt

Listing Office:

  • Office Name: Douglas Elliman of California, Inc.
  • Office Phone: (424) 203-1800
  • Listing Agent: Aimee Stern

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Refrigerator, Dryer, Washer
  • Interior: Separate/Formal Dining Room, High Ceilings, Open Floorplan
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights

Parking Information:

  • Garage Space: 1 space
  • Parking: Controlled Entrance, Underground, Private, One Space

Lot Features

Lot Information:

  • Lot Size: 0.88 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $573/SqFt

HOA Fees:

  • Amount: $921
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

738 S Los Angeles St Unit 701 vs Los Angeles

8 DAYS ON ROCKET

-30 Days

$550,000

-$473.4K Less

$573/SqFt

-$68 Less

KEY TAKEAWAY

This property is $473.4K less than the Median Sold Price and $68/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24461271

Listing Office:

  • Office Name: Douglas Elliman of California, Inc.
  • Office Phone: (424) 203-1800
  • Listing Agent: Aimee Stern

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 10:21:08 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-382414
3
/10
  • 9th Street School

  • 835 Stanford Ave

  • 0.47 miles

  • Public District Grades KG-5

school-card-donut-382415
5
/10
  • Para los Nios Charter

  • 1617 E 7th St

  • 0.94 miles

  • Public Charter Grades KG-5

school-card-donut-382416
4
/10
  • San Pedro Street Elementary

  • 1635 S San Pedro St

  • 0.97 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,672. The majority of Los Angeles, CA residents have income less than $35k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 738 S Los Angeles St Unit 701

What is the listing price of this property?

The listing price of 738 S Los Angeles St Unit 701 property is $550,000.

What type of property is this?

The property 738 S Los Angeles St Unit 701 is a condo located in Los Angeles, California, 90014.

Is this property for sale now?

Active Listing: 738 S Los Angeles St Unit 701 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 738 S Los Angeles St Unit 701 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 738 S Los Angeles St Unit 701 is 960 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 738 S Los Angeles St Unit 701 is 1914.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles90014738 S Los Angeles St Unit 701

This home is located at 738 S Los Angeles St Unit 701 in Los Angeles, CA and zip code 90014 in the Central LA neighborhood. This 960 square foot home, which was built in 1914, sits on a 0.88 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $550,000.

While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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