738 S Los Angeles Street 305, Los Angeles, California 90014, Los Angeles, 90014 - 0 bed, 1 bath
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Los Angeles, California 90014
This Historic DTLA Live/Work Loft in the Eckardt Building is a Stunning Move-In Ready Home listed at $396,000, reflecting a stable valuation at its $396,000 Fair Market Value. Boasting a Condition Rating of 3, the residence features a unique $40,000 custom storage system, Bosch appliances, and polished concrete floors. The Mills Act approval provides substantial property tax savings, while resort-style amenities and proximity to top-rated schools like Ninth Street School enhance the lifestyle. This offering is a perfect match for urban professionals or first-time buyers seeking historic character with modern efficiency.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 738 S Los Angeles Street 305 Subject | $396,000* List Price | 0 | 1 | 910 | $435 | - |
A 215 W 7th Street 902 Sold | $300,000 | 0 | 1 | 780 | $385 | 0.2 mi |
B 738 S Los Angeles Street 502 Sold | $375,000 | 0 | 1 | 810 | $463 | - |
C 215 W 7th Street 307 Active | $389,000 List Price | 1 | 1 | 750 | $519 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This historic loft is in move-in ready condition with significant modern upgrades. The kitchen features high-end Bosch and Samsung appliances, and the bathroom is well-maintained with contemporary subway tiling and a modern vanity. The property boasts polished concrete floors, updated track lighting, and a unique $40,000 custom storage system. While the building is historic (1914), the interior reflects a high-quality conversion and renovation consistent with the 'good' criteria for properties updated within the last 15 years.
The property is Mills Act-approved, offering owners significant annual property tax savings, which greatly enhances long-term affordability and investment value.
A unique $40,000 upgrade provides 240 cubic feet of hidden underfloor storage via a custom raised platform, effectively solving the common loft challenge of limited storage space.
Residents have access to an extensive suite of resort-style amenities, including a pool, fitness center, golf driving range, and 24-hour security, all within a highly walkable DTLA location.
The monthly association fee of $1,020.89 is relatively high, which may impact the debt-to-income ratio for some buyers despite the inclusion of most utilities.
The unit overlooks an internal courtyard rather than the city skyline, which may result in less natural light and the absence of the expansive urban views often desired in downtown lofts.
Own a piece of history at the Mills Act-approved Eckardt Building and benefit from significant annual property tax savings. HOA dues include water, trash, sewer, and gas, adding even more value and convenience to this offering. This authentic live/work loft in Santee Village blends historic architecture with modern upgrades. Soaring ceilings, oversized industrial windows overlooking a serene courtyard, polished concrete floors, and automatic blinds create the quintessential DTLA aesthetic. What truly sets this home apart? A custom-built raised platform with eight discreet hatches offering approximately 240 cubic feet of hidden underfloor storage - a $40,000 upgrade you won't find in neighboring units. Thoughtful Elfa systems and additional bedroom shelving maximize functionality without sacrificing style. The open kitchen features Bosch appliances, Samsung refrigerator, and a brand-new LG washer and dryer. Includes one covered parking space. Residents enjoy 24-hour security patrol and resort-style amenities: pool, spas, fitness center, BBQ area, golf driving range, and basketball court. Step outside into one of Downtown's most walkable neighborhoods moments from Apple Tower Theatre, Sonoratown, Broken Mouth, shopping, nightlife, and Metro access. If you've been waiting for a loft with character, tax advantages, and serious storage this is the one.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.8 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 910 | 850 | 67% |
| Lot Size | 38,319 | 27,122.5 | 50% |
| Price | $396.0K | $385.5K | 50% |
| Price per sq ft | $435 | $510 | 33% |
| Built year | 1914 | 1918 | 50% |
| HOA | $1020.89 | $890 | 67% |
| Days on market | 92 | 214 | 17% |
Mar 31, 2026
$396,000
$425,000
-7% Price Drop
Initial Listing
Jan 20, 2026
$425,000
Initial Listing
Sep 28, 2017
$505,000
Public Record
Dec 15, 2011
$244,000
Public Record