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$479,000

Beds
1
Baths
1.0
sq ft
860

746 S Los Angeles St Unit 301, Los Angeles, CA 90014

746 S Los Angeles St Unit 301

Los Angeles, CA 90014

  • 137 days on market
    • Price drop $10,000↓
TWO FULL WALLS OF WINDOWS BATHE THE SPACE IN NATURAL LIGHT and create a bright and inspiring ambiance. This spacious corner unit studio boasts soaring 11-foot ceilings, concrete floors, and walls designed for optimal fire safety and minimal noise transfer. Immersed in the heart of DTLA, this stunning industrial loft in The Cornell Building, part of the vibrant Santee Village, offers an ideal urban living experience that blends historical charm with modern convenience. The thoughtful layout maximizes space, delineating separate living areas within the open-concept design. The Santee Village is a haven for city dwellers, offering an array of amenities like the rooftop hot tub and pool, rooftop basketball court, putting green, state of the art gym, on-site food court and bodega, and a responsive HOA with an on-site office. Enjoy 24-hour security with cameras, a reserved parking space in a nearby garage with shuttle service, ensuring your urban living experience is seamless and hassle-free. 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 Cornell Bld, may make a positive future investment with the upcoming FIFA World Cup 2026 and the Summer Olympics 2028 slated to be hosted in Los Angeles. Don't sleep on this opportunity to own a piece of DTLA's vibrant, creative pulse. Book your viewing at The Cornell Building in Santee Village today and get ready to live life in the heart of the action."

Details

Property type

Condominium

Est. home value

$502,989

Lot size

0.8797 acres

Price per sq ft

$557

Year built

1922

Monthly HOA fee

$891.68

Price History

11/15/2024
CLAW

CLAW #24421793

Price change
$479,000
-2.04%
09/20/2024
CLAW

CLAW #24421793

Price change
$489,000
-2%
08/02/2024
CLAW

CLAW #24421793

Listed
$499,000
+2.89%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

-$11,912
Asking price
$479,000
Closing costs (~8% of asking)
-$38,320
Est. remaining loan balance
-$452,592
Cash to seller
-$11,912

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

Seller’s Loan History

Lender

Moria Development Inc

Loan start date

May 2023

Original loan amount

$460,750

Est. remaining balance

$452,592

Interest rate

6.6%

Loan type

New Conventional, 30 year

Seller

Timothy Cha

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: 12/23/2024 at 3:15 AM

Listing updated: 12/19/2024 at 8:35 AM

Listed by: Dora Yarid OBrien, KW Advisors Phone #: (310) 482-2200

MLS: CLAW #24421793

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