NOT LISTED FOR SALE

746 S Los Angeles St Unit 1108 Los Angeles, CA 90014

Downtown LA Neighborhood

Estimated Value: $371,000 - $464,000

1 Bed
1 Bath
650 Sq Ft
$727/mo HOA Fee

Last Sold February 01, 2022

Last sale price $445,000 $685 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,145/month

44 Days on Market

Highlights

  • Fitness Center
  • Penthouse
  • Rooftop Deck
  • 24-Hour Security
  • In Ground Pool
  • 0.88 Acre Lot

About This Home

As of February 2022

Now Available! 1 bedroom studio penthouse loft on the top floor of the historic Cornell Building! Former garment manufacturing building converted as part of the urban loft movement in 2007-2011. A classic fashion district loft with large open living space, high ceilings, exposed ductwork, polished concrete floors, and historic industrial steel-framed windows. Open kitchen with substantial breakfast bar, Italian-style cabinetry, granite countertops and stainless appliances. Bedroom space is flanked by a wall of closets for plenty of storage and wall of windows with excellent light. Full bathroom with hookups for a stacked washer and dryer. Dedicated parking space in the Maple street garage. Historic landmark status qualifies for Mills Act potential tax savings! Santee Village offers rooftop spas, pool, sport court, BBQ, rooftop lounge, gym, 24-hour security, on-site management, secured access, mini market, food court, more. Just steps from restaurants, retail & nightlife!

Last Agent to Sell the Property

Tiffany Thompson

Keller Williams Beverly Hills License #01488351 Listed on: 11/15/2021

Keller Williams Beverly Hills

Last Buyer's Agent

Lucas Gelb

Keller Williams Studio City License #02096576

Keller Williams Studio City

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,627

Year Built

  • Built in 1922

Lot Details

  • South Facing Home
  • Dog Run
  • Historic Home

HOA Fees

  • $727 Monthly HOA Fees

Home Design

  • Penthouse

Interior Spaces

  • 650 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Concrete Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer Hookup

Home Security

Parking

  • Public Parking
  • 1 Covered Space

Pool

  • In Ground Pool
  • Spa

Additional Features

  • City Lot
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 5145-029-104

Community Details

Overview

  • Association fees include building and grounds, gas, security, sewer, trash, water and sewer paid
  • 95 Units
  • 11-Story Property

Amenities

  • Rooftop Deck
  • Community Barbecue Grill
  • Elevator

Recreation

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

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Card or Code Access
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,627

Year Built

Built in 1922

Lot Details

0

HOA Fees

$727 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Street Number Display: Yes
  • Advertising Remarks: 1 bedroom studio penthouse in the historic Cornell Building! A garment manufacturing building converted into a classic industrial loft. Large open living space, high ceilings, exposed ductwork, polished concrete floors, architecturally historic industrial steel framed windows. Historic landmark status qualifies for Mills Act potential tax savings. Large open kitchen with substantial breakfast bar and stainless appliances. Open studio bedroom space is flanked by a wall of closets for plenty of storage and wall of windows with excellent light. Full bath with hookups for a stacked washer and dryer. Includes 1 dedicated parking space in the Maple street garage. Rooftop spas. 24-hour security, on-site management, secured access. Santee Village includes pool, gym, sport court, mini-market, food court and more. Near shops, restaurants, flower mart, fashion district, nightlife..
  • Complex Name: Santee Village
  • Entry Floor: 11
  • Entry Location: Elevator
  • Living Area: 650
  • Lot Acreage: 0.8794
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 11
  • Unit Floor In Building: 11
  • Year Built: 1922
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+), Open Floor Plan, Common Walls
  • Flooring: Cement
  • Appliances: Free Standing Gas, Microwave
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar
  • Kitchen Features: Granite Counters
  • Laundry: In Unit, Inside, Laundry Area
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Refrigerator, Range/Oven, Stackable W/D Hookup, Microwave
  • Inclusions: Refrigerator, stove, built in microwave...
  • Price Per S Q F T: 730.77

Exterior Features

  • Direction Faces: South
  • Other Features: High Ceilings (9 Feet+), Historical
  • Tennis Court: Community
  • Tennis Court Y/N: Yes
  • Pool Description: Association Pool
  • Pool: Yes
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Parking Space, Public
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: 24 Hour, Card/Code Access, Fire Sprinklers

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Pet Rules, Controlled Access, Elevator, Fitness Center, Onsite Property Management, Spa, Pool, Basketball Court
  • Pet Rules: Assoc Pet Rules, Pets Permitted, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Gas, Security, Sewer, Trash, Water and Sewer Paid
  • High Rise: Controlled Access, Dog Run, Mid-Rise Building, Rooftop Spa, Rooftop Swimming Pool, Rooftop Sky Deck
  • HOA Fees: 727.49
  • HOA: Yes
  • Unit Location: top floor

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5145-029-104
  • Lot Location: City
  • Lot Size Area: 38308

Multi Family

  • Number Of Units: 95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2021
Closed on
Jan 7, 2022
Sold by
Leigh Philips Darren
Bought by
Lee Carl-Ervin Brito
Seller's Agent
Tiffany Thompson
Keller Williams Beverly Hills
Buyer's Agent
Lucas Gelb
Keller Williams Studio City
List Price
$475,000
Sold Price
$445,000
Premium/Discount to List
-$30,000
-6.32%
Current Estimated Value
$416,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,298
Avg. Annual Appreciation
-1.90%
Original Mortgage
$356,000
Outstanding Balance
$329,886
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$86,046

Purchase Details

Closed on
Sep 13, 2011
Sold by
Sv Investment Group Partners Llc
Bought by
Philips Darren L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,550
Interest Rate
4.26%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 2010
Sold by
Santee Village Partners Llc
Bought by
Los Angeles Ca Sv Condominiums Syndicate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,500,000
Interest Rate
4.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 21, 2010
Sold by
Los Angeles Ca Sv Condominiums Syndicate
Bought by
Sv Investment Group Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,500,000
Interest Rate
4.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 3, 2009
Sold by
Santee Village Partners Llc
Bought by
Los Angeles Ca Sv Condominiums Syndicate
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
Lee Carl-Ervin Brito $445,000 Clearmark Title
Philips Darren L $189,000 Lawyers Title Company
Los Angeles Ca Sv Condominiums Syndicate $25,525,271 Stewart Title Of Ca Inc
Sv Investment Group Partners Llc $29,175,291 Stewart Title
Los Angeles Ca Sv Condominiums Syndicate $25,525 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Carl-Ervin Brito $356,000
Previous Owner Philips Darren L $179,550
Previous Owner Sv Investment Group Partners Llc $26,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2022 02/01/22 Sold $445,000 -6.3% $685 / Sq Ft
12/29/2021 12/29/21 Pending -- -- --
11/15/2021 11/15/21 For Sale $475,000 -- $731 / Sq Ft
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 $1,627 $127,000 $25,400 $101,600
2024 $1,627 $127,000 $25,400 $101,600
2023 $1,621 $127,000 $25,400 $101,600
2022 $1,571 $127,000 $25,400 $101,600
2021 $1,575 $127,000 $25,400 $101,600
2019 $1,499 $134,000 $26,800 $107,200
2018 $1,677 $134,000 $26,800 $107,200
2016 $1,102 $90,000 $18,000 $72,000
2015 $1,159 $90,000 $18,000 $72,000
2014 $1,202 $90,000 $18,000 $72,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-105359

The MLS

APN: 5145-029-104