746 S Los Angeles St Unit 1201 Los Angeles, CA 90014
Downtown LA Neighborhood
2
Beds
3
Baths
1,760
Sq Ft
0.88
Acres
Highlights
- Fitness Center
- 24-Hour Security
- Gated Parking
- Tennis Courts
- In Ground Pool
- City Lights View
About This Home
As of February 2025Showstopping Penthouse in the Historic Cornell Building at Santee Village in Downtown LA with considerable Mills Act property tax savings! Welcome to the epitome of urban luxury. This breathtaking penthouse, nestled atop the iconic Cornell Building, offers a unique blend of historic charm and modern sophistication in the heart of Downtown Los Angeles. Step inside to discover an expansive open-concept living space with soaring 25 foot ceilings. The space becomes flooded with natural light from the large windows that frame panoramic views of the city skyline. The sleek gourmet kitchen boasts high-end appliances, elegant cabinetry, and a spacious countertop perfect for entertaining or enjoying a quiet meal at home. The highlight of the home is the expansive first floor terrace, which is perfect for hosting friends and family under the sunlight or stars. Create unforgettable moments with the soaring city skyline and towering mountains as your daily backdrop. This is truly a one of a kind outdoor urban space you won't find anywhere else in Downtown Los Angeles. Retreat upstairs to the full-floor primary suite. Featuring a spa-like ensuite bath, this primary bedroom also features a second terrace with increased privacy. This second level escape allows you to savor your morning coffee while watching the sunrise or overlooking the vibrant streets below. There is also adequate space for activity such as yoga, an outdoor gym or meditation retreat - the journey is yours to write... An additional spacious bedroom with en-suite bathroom, downstairs features terrace access and provides ample space for guests, a home office or art studio. This Penthouse home features under-building, 2 deeded parking spaces, with direct elevator access to the Penthouse floor. Rich in character, the Cornell Building showcases original architectural details that evoke a sense of history, while modern amenities ensure your comfort and convenience. Enjoy access to a variety of Santee Village Community amenities including a rooftop pool, hot tubs, a basketball court, batting/golf cage, fitness center, and exclusive lounge areas perfect for hosting gatherings or unwinding after a busy day. Located on the border of the famous Historic Core and the vibrant Fashion District, you're just steps away from eclectic shops, hip bars, gourmet dining, local favorite eateries, and iconic cultural attractions. Experience the best of city living in a residence that truly is one of the most unique properties in all of Los Angeles. Don't miss your chance to own and invest in a piece of history. Schedule your private showing today!
Last Agent to Sell the Property
Revel Real Estate License #01484792 Listed on: 09/26/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,276
Year Built
- Built in 1922
Lot Details
- 0.88 Acre Lot
- East Facing Home
- Historic Home
- Property is zoned LAM2
HOA Fees
- $1,282 Monthly HOA Fees
Property Views
- City Lights
- Mountain
Home Design
- Split Level Home
Interior Spaces
- 1,760 Sq Ft Home
- High Ceiling
- Double Pane Windows
- Great Room
- Living Room
- Dining Area
- Engineered Wood Flooring
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry closet
- Stacked Washer and Dryer Hookup
Parking
- 2 Car Garage
- Private Parking
- Gated Parking
Pool
- In Ground Pool
- Above Ground Spa
- Above Ground Pool
Outdoor Features
- Tennis Courts
- Basketball Court
- Balcony
Utilities
- Central Heating and Cooling System
- Water Conditioner
Listing and Financial Details
- Assessor Parcel Number 5145-029-107
Community Details
Overview
- 12-Story Property
Amenities
- Community Barbecue Grill
- Elevator
Recreation
- Community Basketball Court
- Fitness Center
- Community Pool
- Community Spa
Security
- 24-Hour Security
- Card or Code Access
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
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
James Davis
Seller's Agent in 2025
James Davis
Carolwood Estates
(310) 430-6889
1 in this area
36 Total Sales
-
Mitchel Carricart
Seller's Agent in 2025
Mitchel Carricart
Revel Real Estate
(208) 310-3073
15 in this area
15 Total Sales
-
Jonathan Nash
Seller Co-Listing Agent in 2025
Jonathan Nash
Carolwood Estates
(424) 230-6088
1 in this area
77 Total Sales
-
Stephen Resnick
Buyer Co-Listing Agent in 2025
Stephen Resnick
Carolwood Estates
(310) 278-3311
1 in this area
46 Total Sales
-
M
Seller's Agent in 2012
Matthew Udell
Matthew Udell
Map
Source: The MLS
MLS Number: 24-445656
APN: 5145-029-107
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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