NOT LISTED FOR SALE

746 S Los Angeles St Unit 1102 Los Angeles, CA 90014

Downtown LA Neighborhood

Estimated Value: $413,000 - $489,046

1 Bed
1 Bath
750 Sq Ft
$591/mo HOA Fee

Last Sold September 17, 2019

Last sale price $550,000 $733 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $3,133/month

117 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • 38,308 Sq Ft lot
  • 24-Hour Security
  • City Lights View
  • Wood Flooring

About This Home

As of September 2019

Motivated Sellers! ~ Penthouse Loft with fantastic 180 degree views in the Cornell Building located in the heart of fashion district and Santee Village.This 1 enclosed bedroom boost high ceilings with exposed piping, hard wood floors throughout, and large factory windows that bring in great natural lighting and amazing views in the day/ night. Unit is also equipped w/ stainless steel Bosch appliances, stack-able washer n dryer in unit, central air and heating, large shower/tub to soak and relax in, and large walk in closet. Few of the building amenities include: rooftop pool & spas, BBQ grills, fitness center, golf cage, basketball court, dog walk, community lounge, and much more. In addition, the Cornell building is MILLS ACT approved which translates to huge property tax savings. 1 Parking spot included. Cornell Building is across from the future Fashion District Market Hall and Dining Plaza! *** Unit is VACANT and easy to show***

Last Agent to Sell the Property

Michael Baquiran

Coldwell Banker Realty License #01918202 Listed on: 04/24/2019

Last Buyer's Agent

Michael Baquiran

Coldwell Banker Realty License #01918202 Listed on: 04/24/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,955

Year Built

  • Built in 1922

Lot Details

  • 0.88

HOA Fees

  • $591 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Interior Spaces

  • 750 Sq Ft Home
  • Loft
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer

Parking

  • Carport
  • On-Street Parking
  • Off-Site Parking
  • Controlled Entrance

Additional Features

  • In Ground Pool
  • North Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5145-029-098

Community Details

Overview

  • 95 Units
  • High-Rise Condominium

Amenities

  • Elevator

Recreation

  • Community Basketball Court
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,955

Year Built

Built in 1922

Lot Details

0

HOA Fees

$591 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: High or Mid-Rise Condo
  • Street Number Display: Yes
  • Complex Name: Santee Village
  • Entry Floor: 11
  • Living Area: 750
  • Planned Urban Dev: 0
  • Unit Floor In Building: 11
  • Year Built: 1922
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Stackable W/D Hookup
  • Price Per S Q F T: 744.00

Exterior Features

  • Direction Faces: North
  • Tennis Court Y/N: No
  • Pool Description: Association Pool
  • Pool: Yes
  • View: City, City Lights, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Above Street Level, Assigned, Carport, Community Garage, Controlled Entrance, Covered Parking, Offsite

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Assoc Pet Rules, Basketball Court, Controlled Access, Elevator, Exercise Room, Fitness Center, Onsite Property Management, Pool, Security, Spa
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 591.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5145-029-098
  • Geocode Override: No
  • Lot Size Area: 38308

Rental Info

  • Furnished: Furnished Or Unfurnished

Multi Family

  • Number Of Units: 95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2019
Closed on
Sep 11, 2019
Sold by
Merc Financial Lp
Bought by
Merc Financial Lp
Seller's Agent
Michael Baquiran
Coldwell Banker Realty
Buyer's Agent
Michael Baquiran
Coldwell Banker Realty
List Price
$558,000
Sold Price
$550,000
Premium/Discount to List
-$8,000
-1.43%
Current Estimated Value
$434,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$115,525
Avg. Annual Appreciation
-3.66%
Original Mortgage
$495,000
Outstanding Balance
$436,336
Interest Rate
3.7%
Estimated Equity
$4,926

Purchase Details

Closed on
Oct 19, 2011
Sold by
Annett Nicholas Jon
Bought by
746 S Los Angeles St #1102 Trust and Equus Capital

Purchase Details

Closed on
Mar 11, 2008
Sold by
Santee Village Partners Llc
Bought by
Annett Nicholas Jon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.62%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Merc Financial Lp -- Usa National Title Co Inc
Langer Michael J $550,000 Usa Title
746 S Los Angeles St #1102 Trust -- None Available
Annett Nicholas Jon -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Langer Michael J $495,000
Previous Owner 746 S Los Angeles St 1102 Trust $180,000
Previous Owner Annett Nicholas Jon $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2019 09/17/19 Sold $550,000 -1.4% $733 / Sq Ft
08/19/2019 08/19/19 Pending -- -- --
08/19/2019 08/19/19 For Sale $558,000 +1.5% $744 / Sq Ft
08/16/2019 08/16/19 Off Market $550,000 -- --
07/22/2019 07/22/19 Price Changed $558,000 -3.6% $744 / Sq Ft
07/07/2019 07/07/19 Price Changed $579,000 -3.3% $772 / Sq Ft
06/14/2019 06/14/19 Price Changed $599,000 -2.6% $799 / Sq Ft
05/31/2019 05/31/19 Price Changed $615,000 -0.8% $820 / Sq Ft
05/31/2019 05/31/19 Price Changed $619,900 -1.6% $827 / Sq Ft
05/31/2019 05/31/19 For Sale $629,900 +14.5% $840 / Sq Ft
05/21/2019 05/21/19 Off Market $550,000 -- --
05/07/2019 05/07/19 Price Changed $629,900 -3.1% $840 / Sq Ft
04/24/2019 04/24/19 For Sale $650,000 0.0% $867 / Sq Ft
06/04/2012 06/04/12 Rented $1,600 -11.1% --
05/10/2012 05/10/12 Under Contract -- -- --
04/16/2012 04/16/12 For Rent $1,800 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,955 $146,000 $29,200 $116,800
2024 $1,955 $146,000 $29,200 $116,800
2023 $1,948 $146,000 $29,200 $116,800
2022 $1,889 $146,000 $29,200 $116,800
2021 $1,895 $146,000 $29,200 $116,800
2020 $1,855 $140,000 $28,000 $112,000
2019 $1,818 $155,000 $31,000 $124,000
2018 $2,026 $155,000 $31,000 $124,000
2016 $1,359 $104,000 $20,800 $83,200
2015 $1,428 $104,000 $20,800 $83,200
2014 $1,464 $104,000 $20,800 $83,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-458828

The MLS

APN: 5145-029-098