738 S Los Angeles Street 507, Los Angeles, California 90014, Los Angeles, 90014 - bed, 1 bath
738 S Los Angeles Street 507
Los Angeles, California 90014
Property Price
SUMMARY
Analysis of 738 S Los Angeles Street 507, Los Angeles, California 90014 is currently available with a list price of $415,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
While the building was constructed in 1914, the unit underwent an extensive renovation in 2007, giving it a modern industrial aesthetic that has aged remarkably well. The kitchen features stainless steel appliances, granite countertops, and contemporary flat-panel cabinetry, all appearing in good, functional condition. The bathroom is clean with modern tiling, a sleek vanity, and a new-looking stackable washer/dryer. Polished concrete floors, high ceilings, and track lighting contribute to a move-in ready space with minimal wear and tear, aligning with the 'Good' condition criteria despite the renovation being 17 years ago, as the style remains current and well-maintained.
PROSSTRENGTHS & OPPORTUNITIES
- Prime DTLA Historic Core Location
Centrally situated between the Fashion and Financial Districts, offering exceptional walkability and access to retail, restaurants, cafes, metro stations, and major cultural attractions like Crypto Arena and Walt Disney Concert Hall.
- Historical Landmark & Mills Act Benefits
The Eckardt Building holds historical landmark status and is approved under the Mills Act, providing a significant financial advantage through reduced property taxes.
- Extensive Community Amenities
Santee Village offers a comprehensive suite of HOA amenities including a rooftop pool and spa, fitness center, basketball court, courtyard, dog park, grocery market, and food court, enhancing the urban lifestyle.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Dues
The association fee of $1001.07 is substantial for an 860 sqft unit, which could be a significant factor impacting affordability and buyer interest.
- Open Concept Studio Layout
While characteristic of loft living, the open concept studio floor plan inherently offers limited privacy, which may not appeal to all prospective buyers seeking traditional bedroom separation.
- Lack of Specific View
The property details indicate 'view: None,' which might be a drawback for buyers expecting city or panoramic views often associated with downtown high-rise living.
About 738 S Los Angeles Street 507
Welcome to the Santee Village Eckardt Lofts - urban living in the heart of DTLA. Built in 1914, the Eckardt Building was one of the first garment and textile manufacturing centers in Los Angeles. Granted status of a historical landmark in 2001 and renovated in 2007, this loft is the perfect blend of durable concrete construction from the early 1900s with an industrial modern aesthetic. For a city dweller, the Historic Core is an ideal location centrally situated between the Fashion District and Financial District near retail shops, restaurants, cafes, metro stations, and the best attractions LA has to offer. Watch a Laker game at Crypto Arena (Staples Center), see the LA Philharmonic at Walt Disney Concert Hall, tour the Museum of Contemporary Art, taste various foods from around the world at Grand Central Market: they are all a short distance both walkable or by metro. With its open concept studio floor plan, this loft is ready to be personalized to your lifestyle whether you are an artist looking to showcase your collection or a minimalist creating a Zen space in the city. The interior features high ceilings with architectural concrete beams, adjustable track lighting, polished concrete floors, and oversized sliding windows. The kitchen offers granite countertops, stainless steel appliances, and a variety of spacious cabinets. The bedroom alcove is large enough to be enclosed if more privacy is desired. The large bathroom has a shower-tub, stackable washer dryer, and extra space for storage to suit your needs. Santee Village HOA amenities include rooftop pool and spa, fitness center, basketball court, courtyard, dog park, grocery market, and food court. The Eckardt building is approved under the Mills Act offering a reduced property tax rate. With so much of downtown LA to explore, come see 738 S Los Angeles St for yourself.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1914
- Lot Size
- 38,319 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1001.07 / Month
Neighborhood Insights
Los Angeles Unified Schools
Ninth Street School
Grades K-5 • 0.5 mi
John Adams Middle School
Grades 6-8 • 1.8 mi
Santee Education Complex
Grades 9-12 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 860 | 835 | 50% |
| Lot Size | 38,319 | 27,122.5 | 50% |
| Price | $415.0K | $395.0K | 50% |
| Price per sq ft | $483 | $519 | 50% |
| Built year | 1914 | 1918 | 50% |
| HOA | $1001.07 | $890 | 67% |
| Days on market | 51 | 167 | 17% |
Pricing History
Listed for Sale
Jan 14, 2026
$415,000
Initial Listing
Sold
Sep 19, 2023
$435,000
Public Record
Sold
Aug 26, 2016
$440,000
Public Record
Sold
May 18, 2012
$229,000
Public Record