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738 S Los Angeles St 707, Los Angeles, CA 90014

List Price: $495,000On Market FlagOn market
Jun 16, 2025860 sqft1 beds1 baths
Listed by: Fatima Malik
License #: 01950831
Phone #: 310-968-2085
Engel & Volkers Beverly Hills
Source:
CRMLS Logo
MLS #: 25552769

Property Description

Join the Penthouse Club: Iconic DTLA Loft with STR Approval + Mills Act Tax Benefits! Heated rooftop pool, Three hot tubs, Golf cage, Basketball court, Market, Food court, Private shuttle, Full gym, 24-hour staff - all in a historic luxury community under $500K. Welcome to your private club in the sky. Perched in the Eckardt Building at Santee Village, a 1914 Historic-Cultural Landmark converted to lofts in 2007, this rare penthouse in DTLA's Fashion District blends vintage character with elevated living. Currently licensed for short-term rental use and benefiting from Mills Act property tax savings, it's a standout for investors, international buyers, and those seeking a pied-a-terre, flexible-use residence or stylish long-term rental. The approx. 860 sqft unit features ceilings estimated at 14 feet, a frosted skylight, exposed concrete and beams, built-in electric fireplace, smart-access electronic lock, and a Nest-compatible thermostat (included, wired for but not installed). Upgrades include a French-door refrigerator, designer lighting, and sliding space-saving closet doors. Optional furnishings available. An exceptional alternative to renting offering lock-and-leave convenience, elevated design, and a foothold in one of DTLA's fastest-developing neighborhoods. Santee Village offers a rare amenity-rich environment: heated rooftop pool, multiple hot tubs (including a spa deck exclusive to Eckardt/Cornell owners), basketball court, golf cage, fitness center, BBQ lounges, lounge decks, on-site Santee Market and food court, package/key storage, pet-friendly policies, on-site management and handyman services, guest parking and off-site parking space with evening shuttle. HOA dues cover most utilities (excluding electricity). Enjoy local favorites all within a few blocks: Holy Basil, Poppy & Rose, Zinque, Civil Coffee, Alma at the Grove, Whole Foods, Ralphs, and Jalsah Yemeni Coffee. With a Walk Score of 98, this location offers seamless access to Downtown LA's most vibrant dining, retail, and transit options. All information deemed reliable but not guaranteed. Buyer to verify square footage, tax programs, furnishings, amenities, parking, and HOA terms. Broker and agent make no warranties and shall be held harmless. Buyer to verify transferability, reapplication requirements, and HOA policy enforcement.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$7,491

TurboHome Estimated Value

$497,200

$578 sqft

High Valuation
$522,060
$607/sqft
Normal Valuation
$497,200
$578/sqft
Low Valuation
$472,340
$549/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$578/sqft$497,200

Neighborhood: Downtown

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Comparative Value

$399K

$435K

$444K

$479K

$495K

$550K

215 W 7th St 1004, Los Angeles, CA 90014

Sale Price: $399,000

Selected Comparable

215 W 7th St 1106, Los Angeles, CA 90014

Sale Price: $435,000

Selected Comparable

746 S Los Angeles St 704, Los Angeles, CA 90014

Sale Price: $444,000

Selected Comparable

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

Sale Price: $479,000

Selected Comparable

738 S Los Angeles St 707, Los Angeles, CA 90014

List Price: $495,000

Subject Property

738 S Los Angeles St 701, Los Angeles, CA 90014

Sale Price: $550,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
738 S Los Angeles St 707, Los Angeles, CA 90014

738 S Los Angeles St 707, Los Angeles, CA 90014

List: $495,000

Listed: 6/16/2025

Area:860 sqft
Price/sqft:$576
Beds:1
Baths:1
Year Built:
Lot Size:38,308

Comparable Properties

COMPARABLE
Choose comps
746 S Los Angeles St 301, Los Angeles, CA 90014

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

Sale: $479,000

1/22/20250.00 mi

Area:860 sqft
Price/sqft:$557
Beds:1
Baths:1
Year Built:
Weight:21.8%
746 S Los Angeles St 704, Los Angeles, CA 90014

746 S Los Angeles St 704, Los Angeles, CA 90014

Sale: $444,000

12/5/20240.00 mi

Area:940 sqft
Price/sqft:$472
Beds:1
Baths:1
Year Built:
Weight:20.2%
215 W 7th St 1106, Los Angeles, CA 90014

215 W 7th St 1106, Los Angeles, CA 90014

Sale: $435,000

2/7/20250.21 mi

Area:770 sqft
Price/sqft:$565
Beds:1
Baths:1
Year Built:
Weight:20.0%
738 S Los Angeles St 701, Los Angeles, CA 90014

738 S Los Angeles St 701, Los Angeles, CA 90014

Sale: $550,000

12/13/20240.00 mi

Area:960 sqft
Price/sqft:$573
Beds:1
Baths:1
Year Built:
Weight:19.9%
215 W 7th St 1004, Los Angeles, CA 90014

215 W 7th St 1004, Los Angeles, CA 90014

Sale: $399,000

7/16/20250.21 mi

Area:780 sqft
Price/sqft:$512
Beds:2
Baths:1
Year Built:
Weight:18.1%

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