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$495,000

Beds
1
Baths
1.0
sq ft
880

738 S Los Angeles St Unit 206, Los Angeles, CA 90014

738 S Los Angeles St Unit 206

Los Angeles, CA 90014

  • 186 days on market
    • Price drop $4,888↓
This is your chance and experience living in downtown Los Angeles in one of the historical approved building by the City of L.A. This is Eckardt Building in the Santee Village along Los Angeles Street with modern amenities available that you can enjoy and relax. Located in the heart of the Fashion District of Down Town Los Angeles (DTLA). The unit is located in the second floor with an open space floor plan. It has wood flooring all through out the space area. storm windows, in line stone counter kitchen and cabinets. Installed with stainless appliances like dishwasher, stove, microwave, refrigerator. There is also an in unit washer and dryer. A dedicated covered parking space is situated on Maple St. Enjoy the amenities provided by the Santee Village Association that includes a rooftop pool & spa, fitness gym, a half basketball court, BBQ area, golf range and 24 hour security. If you happen to go to the rooftop enjoy the view of Los Angeles. The Eckardt Building is approved for the Mills Act Tax property and enjoy the property tax cut benefits. Do not wait and call now.

Details

Property type

Condominium

Est. home value

$445,344

Lot size

0.8797 acres

Price per sq ft

$563

Year built

1914

Monthly HOA fee

$893.59

Price History

02/15/2024
CRMLS

CRMLS #RS23230499

Price change
$495,000
-0.98%
12/28/2023
CRMLS

CRMLS #RS23230499

Listed
$499,888
+8.91%
05/24/2022
CRMLS

CRMLS #WS22058743

Sold
$459,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Park, Street Lights, Sidewalks

High school district: 

ABC Unified

Number of units in community: 

48

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$34,577
Asking price
$495,000
Closing costs (~8% of asking)
-$39,600
Est. remaining loan balance
-$420,823
Cash to seller
$34,577

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

May 2022

Original loan amount

$436,050

Est. remaining balance

$420,823

Interest rate

4.42%

Loan type

New Conventional, 30 year

Seller

Jose Luis Lamas

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/01/2024 at 7:35 AM

Listing updated: 02/15/2024 at 1:02 PM

Listed by: Cherry Villanueva, Amberwood Real Estate Phone #: (562) 799-2388

MLS: CRMLS #RS23230499

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