746 S Los Angeles Street 1001, Los Angeles, California 90014, Los Angeles, 90014 - bed, 1 bath
746 S Los Angeles Street 1001
Los Angeles, California 90014
Property Price
SUMMARY
Analysis of 746 S Los Angeles Street 1001, Los Angeles, California 90014 is currently available with a list price of $460,000. 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.
This historic loft is in move-in ready condition with a modern kitchen featuring high-end Bosch stainless steel appliances and custom wood cabinetry. The unit boasts updated custom hardwood floors, contemporary overhead lighting, and central A/C and heat. While the building is a 1922 historic structure, the interior has been well-maintained following its conversion, showing minimal wear and tear with functional, modern systems and finishes.
PROSSTRENGTHS & OPPORTUNITIES
- Mills Act Tax Benefits
The property qualifies under the Mills Act, providing owners with significant annual property tax savings, a major financial incentive for historic downtown lofts.
- Exceptional Views and Natural Light
Positioned on the 10th floor, this corner unit features two walls of original steel-frame windows offering 180-degree unobstructed views of the city skyline and San Gabriel mountains.
- Coveted On-Site Parking
The unit includes a rare and highly convenient parking space within the building's basement garage, a premium feature in the dense Fashion District.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $942 is relatively high for an 872-square-foot unit, which may impact the monthly carrying costs for budget-conscious buyers.
- Open Studio Layout
The open-concept artist's studio design lacks a private, partitioned bedroom, which may limit its appeal to buyers seeking traditional living arrangements or privacy.
About 746 S Los Angeles Street 1001
Views, Views, Views - and with On-Site Parking! Welcome to the historic Cornell Building within the Fashion District's Santee Village. Located on the 10th floor, just below the top floor and penthouse, this open artist's studio features a gorgeous industrial design with 10ft ceilings, custom hardwood floors and a prime corner building location for maxim privacy and use of space. Two walls of original steel-frame casement windows showcase an abundance of natural light and the beauty of downtown with 180-degree unobstructed views of the city, and even the San Gabriel mountains on a clear day. Enjoy preparing meals in the modern kitchen featuring stainless steel Bosch appliances and accented by gorgeous wood cabinetry. The bathroom features an oversized soaking tub, additional storage space and includes a dual operating washer/dryer combo appliance. Additional features include custom overhead lighting, central A/C and Heat, and highly coveted & convenient On-Site parking for one car inside the building's parking garage at the basement level. Lastly, this live/work building qualifies under the Mills Act, providing significant property tax savings for its owners.The Santee Village offers a wide range of communal amenities such as a roof top pool and spas, basketball court, golf driving range, BBQ areas, fitness center, 24hr on-site security, and local market & food establishments within the village courtyard. The HOA also covers water, gas, sewer, trash, and the subterranean parking. Centrally located and minutes to Pershing Square, The Broadway Corridor, bars, shops & restaurants including the famed Sonoratown and the Tower Theatre flagship Apple Retail Store, Santee Village is downtown LA living at its best!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1922
- Lot Size
- 38,308 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $942.0 / 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 | 872 | 841 | 50% |
| Lot Size | 38,308 | 27,117 | 50% |
| Price | $460.0K | $417.5K | 50% |
| Price per sq ft | $528 | $542 | 50% |
| Built year | 1922 | 1922 | 50% |
| HOA | $942.0 | $890 | 67% |
| Days on market | 57 | 168 | 17% |
Pricing History
Listed for Sale
Feb 21, 2026
$460,000
$498,000
-8% Price Drop
Initial Listing
Price Change
Jan 8, 2026
$498,000
Initial Listing