746 S Los Angeles Street 607, Los Angeles, California 90014, Los Angeles, 90014 - 1 bed, 1 bath
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746 S Los Angeles Street 607
Los Angeles, California 90014
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
650Sq Ft
38,332.801Lot Size
Property Price
LIST PRICE$344,999
EST. MARKET VALUE
$358,445
3% BelowMARKET VALUE
SUMMARY
This Turnkey Loft represents a Prime Investment Opportunity, listed at $344,999—positioned well below the $358,445 Fair Market Value by 3%. This valuation gap offers $13,446 in Instant Equity. Featuring a Condition Rating of 2, this unit boasts a modern chef's kitchen and industrial windows with city skyline views. Residents enjoy resort-style amenities, including a rooftop pool and fitness center. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a high-amenity, low-tax lifestyle in DTLA.
Estimated Market Value
$358,445+$13,446 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 746 S Los Angeles Street 607 Subject | $344,999* List Price | 1 | 1 | 650 | $551 | - |
A 746 S Los Angeles Street 1001 Sold | $445,000 | 0 | 1 | 872 | $510 | 0.0 mi |
B 315 E 8th Street 205 Active | $399,000 List Price | 1 | 1 | 670 | $596 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Fully renovated turnkey loft featuring a modern chef's kitchen with premium Bosch appliances and Caesarstone countertops, updated bathroom with custom cabinetry and slate tiling, and updated central HVAC systems.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Tax Savings
The property benefits from the Mills Act, resulting in exceptionally low property taxes of approximately $1,627 per year, providing substantial long-term financial savings for the owner.
- Resort-Style Amenities
Residents have access to an extensive suite of amenities including a rooftop pool, spas, fitness center, basketball court, and a golf driving range, which is rare at this price point.
- Modern Turnkey Interior
This sun-drenched loft features 10-foot ceilings, industrial windows, and a high-end kitchen with Bosch appliances and Caesarstone countertops, offering a fully renovated, move-in-ready experience.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $854 is relatively high for a 650-square-foot unit, which could be a significant factor in a buyer's monthly carrying costs.
- Off-Site Parking
The included parking space is located off-site and requires a shuttle service, which may be less convenient for residents compared to on-site or attached parking options.
About 746 S Los Angeles Street 607
Quintessential sun-drenched loft living at the Cornell Building in Santee Village, famous for its "Mills Act" tax savings (current owner pays just $1,627 per YEAR in property taxes). A plethora of amenities await, including a rooftop pool, multiple spas, fitness center, basketball court, golf driving range, BBQ areas, a dog park & on site market & food court. This one of a kind 6th floor loft is built out as a 1 bedroom boasting 10 ft high ceilings, polished concrete floors and oversized industrial windows flooding the space with natural light while framing iconic city views. The modern kitchen is a chef's dream, offering striking Caesarstone countertops, white high gloss modern cabinetry and premium Bosch appliances (fridge included!). The bathroom features custom cabinetry, stone countertops, a wave tiled accent wall and a slate tiled shower w/ deep soaking tub. Indoor laundry, central A/C & heat, truly a turnkey move-in ready loft home. One off-site parking space with shuttle service included. Take advantage of everything emerging DTLA has to offer, with easy accessibility to restaurants, shopping, freeways, and great venues like the Orpheum, LA Live, The Broad, CTG, and so much more. This is an incredible opportunity to invest in Los Angeles real estate at a rare low price, and I dare you to find a fully renovated space offering southern exposure in DTLA at this price point.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1922
- Lot Size
- 38,332.801 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $854.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Ninth Street School
Grades K-5 • 0.5 mi
5/10
John Adams Middle School
Grades 6-8 • 1.8 mi
4/10
Santee Education Complex
Grades 9-12 • 1.1 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 650 | 1,219.385 |
| Lot Size | 38,332.801 | 27,236.074 |
| Price | $345.0K | $800.2K |
| Price per sq ft | $531 | $650 |
| Built year | 1922 | 1979 |
| HOA | $854.0 | $685 |
| Days on market | 43 | 72 |
Pricing History
Listed for Sale
Jul 28, 2026
$344,999
Initial Listing
Sold
Jan 17, 2014
$355,000
Public Record
Sold
Oct 21, 2011
$193,500
Public Record