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746 S Los Angeles Street 707, Los Angeles, California 90014, Los Angeles, 90014 - bed, 1 bath

746 S Los Angeles Street 707, Los Angeles, California 90014 home-pic-0
ACTIVE$375,000
746 S Los Angeles Street 707, Los Angeles, California 90014
0Bed
1Bath
656Sqft
38,319Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Downtown Location & Views: Located on the 7th floor, the loft offers stunning, unobstructed views of downtown Los Angeles city lights, providing a vibrant urban living experience.
Top Cons:
High Association Fee: The monthly association fee of $854.0 is substantial, which could be a barrier for some buyers despite the extensive inclusions.

Compared to the nearby listings

Price:$375.0K vs avg $400.0K ($-25,000)33%
Size:656 sqft vs avg 790 sqft11%
Price/sqft:$572 vs avg $53556%

More Insights

Built in 1922 (103 years old).
Condition: This property, a modern loft in a building built in 1922, has clearly undergone extensive renovations to achieve its current 'modern' and 'effortless style' as described. The kitchen features contemporary two-tone cabinetry, dark countertops, a light blue glass tile backsplash, and stainless steel appliances that are functional and in good condition, though not high-end or brand new. The bathroom includes a modern wood-tone vanity with a dark countertop and a glass-enclosed tub/shower, but the beige subway tile on the walls appears slightly dated compared to the overall modern aesthetic. Hard flooring is present throughout the main living areas, and lighting fixtures are a mix of recessed and modern pendants. While the building's age is a factor, the unit itself is move-in ready with no immediate renovations required, aligning with a property extensively renovated within the last 5 to 15 years.
Year Built
1922
Close
-
List price
$375K
Original List price
$375K
Price/Sqft
$572
HOA
$854
Days on market
-
Sold On
-
MLS number
25616199
Home ConditionGood
Features
Excellent View: City Lights
ViewCity Lights

About this home

Wake up to the golden glow of the city as sunlight fills your modern 7th-floor loft, framing stunning views of downtown Los Angeles that never get old. This home captures everything that makes city living magnetic. Light, energy, and effortless style. Enjoy morning coffee with skyline views and unwind each evening as the city lights shimmer through tall windows above it all. Residents enjoy resort-style amenities including a fitness center, rooftop pool/spa, BBQ area and basketball court all within a secure community offering 24-hour security. The HOA covers water, gas, sewer, trash, parking and security for ultimate convenience and peace of mind. Thanks to the Mills Act, property taxes remain refreshingly low, allowing you to enjoy more of what matters. Dining at nearby restaurants, shopping in the Fashion District and discovering everything downtown has to offer. The building is also FHA, VA and Fannie Mae approved, providing flexible financing options for a variety of buyers (lender to verify). This home will come with 2 PARKING SPOTS at closing (one with the unit and an additional one year that is prepaid). This is downtown living at its finest. Stylish, simple and full of soul. Welcome home to #707, where the city becomes your everyday view.

Nearby schools

5/10
Ninth Street School
Public,•K-5•0.5mi
4/10
John Adams Middle School
Public,•6-8•1.8mi
5/10
Santee Education Complex
Public,•9-12•1.1mi
3/10
Nava College Preparatory Academy
Public,•9-12•2.2mi

Price History

Date
Event
Price
08/03/17
Sold
$420,000
Condition Rating
Good
This property, a modern loft in a building built in 1922, has clearly undergone extensive renovations to achieve its current 'modern' and 'effortless style' as described. The kitchen features contemporary two-tone cabinetry, dark countertops, a light blue glass tile backsplash, and stainless steel appliances that are functional and in good condition, though not high-end or brand new. The bathroom includes a modern wood-tone vanity with a dark countertop and a glass-enclosed tub/shower, but the beige subway tile on the walls appears slightly dated compared to the overall modern aesthetic. Hard flooring is present throughout the main living areas, and lighting fixtures are a mix of recessed and modern pendants. While the building's age is a factor, the unit itself is move-in ready with no immediate renovations required, aligning with a property extensively renovated within the last 5 to 15 years.
Pros & Cons

Pros

Prime Downtown Location & Views: Located on the 7th floor, the loft offers stunning, unobstructed views of downtown Los Angeles city lights, providing a vibrant urban living experience.
Resort-Style Amenities: Residents benefit from a comprehensive suite of amenities including a fitness center, rooftop pool/spa, BBQ area, and basketball court within a secure, 24-hour guarded community.
Exceptional Financial Benefits: The property boasts refreshingly low property taxes due to the Mills Act and offers flexible financing options as it's FHA, VA, and Fannie Mae approved.
Comprehensive HOA Inclusions: The HOA covers essential utilities such as water, gas, sewer, trash, parking, and security, offering significant convenience and predictable monthly costs.
Valuable Dual Parking: The unit includes two parking spots (one deeded, one prepaid for a year), a highly desirable and rare asset in downtown Los Angeles.

Cons

High Association Fee: The monthly association fee of $854.0 is substantial, which could be a barrier for some buyers despite the extensive inclusions.
Compact Living Space: At 656 sqft, the loft offers a relatively small living area, which may not suit buyers seeking more spacious accommodations.
Building Age: Constructed in 1922, the building's age, despite modern conversions, could imply potential for unforeseen maintenance or infrastructure issues over time.

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