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$400,000

Beds
1
Baths
1.0
sq ft
810

738 S Los Angeles St Unit 302, Los Angeles, CA 90014

738 S Los Angeles St Unit 302

Los Angeles, CA 90014

  • 1 day on market
    • Open house Feb 22
Set within the Historic Eckardt Building in the Fashion District in DTLA is Eckardt 302, an industrial-style, one-bedroom and one-bathroom loft residence that exemplifies raw-yet-refined aesthetic design. Spanning over 800 square feet, Eckardt 302 offers unparalleled privacy with only one shared wall, a rare and coveted private NYC-style balcony, a large open floor plan, nearly 12-foot ceilings, a deluxe suite of Bosch stainless steel appliances, as well as an in-unit Bosch washer and dryer, and an updated HVAC system. The open, connected and fluid layout invites you to entertain, work, cook, chat and/or relax until you're ready to slip away to your private bedroom to unwind and sleep. Grounding you, the rich palette of colors and textures of the original concrete floors contribute significantly to the historic character of the 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. Eckardt 302 offers modern sophistication with historic charm 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.

Details

Property type

Est. home value

$611,103

Lot size

0.8797 acres

Price per sq ft

$494

Year built

1914

Monthly HOA fee

$925.06

Price History

02/21/2025
CLAW

CLAW #25499773

Listed
$400,000
-8.05%
09/14/2017
CLAW

CLAW #17222044

Sold
$435,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Los Angeles Unified

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

$86,166
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$281,834
Cash to seller
$86,166

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

August 2020

Original loan amount

$312,000

Est. remaining balance

$281,834

Interest rate

3.03%

Loan type

New Conventional, 30 year

Seller

Brendan S Lott

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: 02/22/2025 at 2:25 AM

Listing updated: 02/21/2025 at 10:30 AM

Listed by: Aimee Stern, Douglas Elliman of California, Inc. Phone #: (424) 203-1800

MLS: CLAW #25499773

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