$725,000
SOLD APR 25, 2012

746 S Los Angeles St Unit 1201 Los Angeles, CA 90014

Downtown LA Neighborhood
2 Beds
3 Baths
1,760 Sq Ft
0.87 Acres

Recently Sold

$412 Per Sq Ft

9% Below List Price

213 Days on Market

Highlights

  • Golf Course Community
  • 24-Hour Security
  • City Lights View
  • Fitness Center
  • In Ground Pool
  • Wood Flooring

About This Home

As of February 2025

Cornell Penthouse. Truly one of the most unique and tasteful penthouses in Downtown Los Angeles to come on the market in years. This 2-story rooftop penthouse is complete with dramatic 20' vaulted ceilings and unrivaled panoramic views from every window spanning the downtown skyline, San Gabriel Mountains and Palos Verdes. Fabulous for entertaining from the gourmet kitchen that expands into the 400sf patio. Two master bedrooms, large walk-in closet, each with own full bathroom. The 2nd story master bedroom retreat has its own private 300sf deck with romantic views of the downtown skyline. The attention to scale and quality is like no other. Brazilian mahogany wood floors, stainless steel appliances, stone counters and custom Italian cabinetry. Your buyer will enjoy all the luxuries of urban city living. This unique experience will not last long; it's like living in a Frank Loyd Wright home, where there is no limit in value and to the one of a kind opportunity.

Last Agent to Sell the Property

Matthew Udell

Matthew Udell License #01326997 Listed on: 08/02/2011

Last Buyer's Agent

Mitchel Carricart

Revel Real Estate License #01484792

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,276

Year Built

  • Built in 1922

Parking

  • Subterranean Parking

Interior Spaces

  • 1,760 Sq Ft Home
  • Wood Flooring
  • City Lights Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5145-029-107

Community Details

Amenities

  • Sauna
  • Laundry Facilities
  • Elevator

Recreation

  • Golf Course Community
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Additional Features

  • 95 Units
  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,276

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Street Number Display: Yes
  • Complex Name: Cornell
  • Entry Floor: 12
  • Living Area: 1760
  • Planned Urban Dev: 0
  • Unit Floor In Building: 12
  • Year Built: 1922
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 414.20

Exterior Features

  • Pool Description: Community
  • Pool: Yes
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Subterranean

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Elevator, Exercise Room, Golf, Pool, Sauna, Security, Spa
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 788.00

Lot Info

  • Assessor Parcel Number: 5145-029-107

Multi Family

  • Number Of Units: 95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2017
Sold by
Rusconi John B
Bought by
Ulrich Collier R

Purchase Details

Closed on
May 19, 2016
Sold by
Rusconi Angelina Jessica
Bought by
Rusconi John B

Purchase Details

Closed on
Jun 30, 2015
Sold by
Rusconi John B and Bayaua Eloisita
Bought by
Rusconi John B

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,350,000 North American Title Company
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Accommodation
Trustee Deed $25,525,271 Stewart Title Of Ca Inc
Corporate Deed $29,175,291 Stewart Title
Trustee Deed $25,525 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 Credit Line Revolving
Previous Owner $26,500,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 For Sale $1,395,000 +5.3% $793 / Sq Ft
02/11/2025 02/11/25 Sold $1,325,000 -1.9% $753 / Sq Ft
01/29/2025 01/29/25 Pending -- -- --
11/23/2024 11/23/24 Price Changed $1,350,000 -3.6% $767 / Sq Ft
09/26/2024 09/26/24 For Sale $1,400,000 +93.1% $795 / Sq Ft
04/25/2012 04/25/12 Sold $725,000 -0.5% $412 / Sq Ft
03/02/2012 03/02/12 Pending -- -- --
02/28/2012 02/28/12 Price Changed $729,000 -4.0% $414 / Sq Ft
01/22/2012 01/22/12 Price Changed $759,000 -5.0% $431 / Sq Ft
08/02/2011 08/02/11 For Sale $799,000 -- $454 / 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
2024 $4,276 $326,000 $65,200 $260,800
2023 $4,263 $326,000 $65,200 $260,800
2022 $4,139 $326,000 $65,200 $260,800
2021 $4,152 $326,000 $65,200 $260,800
2019 $3,977 $353,000 $70,600 $282,400
2018 $4,530 $353,000 $70,600 $282,400
2016 $2,781 $225,000 $45,000 $180,000
2015 $2,672 $225,000 $45,000 $180,000
2014 $2,453 $225,000 $45,000 $180,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 11-545395

The MLS

APN: 5145-029-107