$550,000
Accepting Backup Offers

738 S Los Angeles Street #701

Los Angeles, CA 90014
960 sqft | 1 bed | 1 bath | 0.88 acres | #24461271
Listing OfficeDouglas Elliman of California, Inc.
Browse 31 photos
Type:Purchase
Structure:Condo
Zone:Residential

Description

Sitting atop the Historic Eckardt Building in the Fashion District in DTLA is Penthouse 1, a jaw-dropping, front-facing, one-bedroom and one-bathroom penthouse loft. Spanning nearly 1000 square feet, the Eckardt Penthouse 1 offers unobstructed stunning city views, a NYC-style fire escape/informal balcony, a large open floor plan, 12-foot ceilings, a wall of oversized Fleetwood windows, a deluxe suite of stainless steel appliances, including an updated Bosch dishwasher, a Bosch gas range and microwave, an updated LG french door refrigerator, as well as an updated in-unit Bosch washer/dryer, an updated HVAC system, and a rare and coveted in-building underground parking space. The open, connected and fluid floor plan invites you to entertain, work, cook, chat and/or relax all while flooded in natural light and with the gorgeous blue sky and cityscape as your backdrop. As the day closes, steal away to your private bedroom, enclosed by sustainable natural cork tiled sliding doors for privacy and sound proofing, and unwind and sleep. The variations in color and texture of the original concrete floors contribute significantly to the historic character of the penthouse loft. The Eckardt building is located in Santee Village and the HOA includes access to and use of the community's rooftop pool, three spas, putting green, basketball court, BBQ facilities, as well as a state-of-the-art fitness center. The building has secured entry and 24-7 live security personnel. Close to many of the city's best and most celebrated restaurants and cultural landmarks. Property taxes are significantly reduced, up to 60% to 70% off, through the Mills Act. HOA fees include water, trash and gas. The Eckardt Penthouse 1 offers the luxe life at an exceptional price, and it may make a prescient investment with the forthcoming FIFA World Cup 2026 and the Summer Olympics 2028 slated to be hosted in Los Angeles.

  • Interior Details
      • InteriorSeparateFormalDiningRoom, HighCeilings, OpenFloorplan
    • Beds & Baths
      • Bedrooms1
      • Bathrooms1
      • Full Baths1
  • Property Details
      • ViewCityLights
      • Stories7
    • Measurements
      • Acres0.8797
      • Square Feet960
    • Parking
      • Parking Spaces1
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1914
  • Utilities / Energy Details
      • Utility SourcePublic
      • Sewer InformationOther
  • Community and Neighborhood Details
      • School DistrictLos Angeles Unified
      • CountyLos Angeles
  • Financial Details
      • Original List Price$550,000
    • HOA
      • Hoa Fees921.61
  • Restrictions
      • Pets AllowedYes
  • Other
      • MLS #24461271

Location

Jerry Avila#TheRealEstateGuy
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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