746 South Los Angeles Street, 403, Los Angeles, CA 90014
746 South Los Angeles Street, 403, Los Angeles, CA 90014
Property Description
New Price! Priced to Sell! Own a piece of Los Angeles history and enjoy substantial annual savings. Under the coveted Mills Act, homeowners in this historic building receive approximately 60-70% off annual property taxes, freeing up funds each year for other homeownership goals. Set within the historic Cornell Building in DTLA's vibrant Santee Village and Fashion District, this sophisticated 1-bedroom, 1-bathroom industrial loft blends timeless architectural character with modern comfort. Wall-to-wall windows and an expansive open floor plan create an inviting space. The massive kitchen island is perfect for cooking, entertaining, or working from home, while the in-unit washer and dryer add everyday convenience. Enjoy resort-style amenities including a rooftop pool, three spas, basketball court, putting green, BBQ area, luxury fitness center, and even a street-level convenience market. The building also features 24-hour live security, secure code/fob access, and gated assigned parking in the secured Maple Avenue Garage with a convenient shuttle service to the front of the building included in the HOA fee. A 6' x 9' storage unit is available to rent for additional space (dependent on availability). Perfectly positioned near DTLA's best restaurants, bars, boutiques, and entertainment venues, this home offers a rare combination of historic charm, luxury amenities, and unbeatable value. The building is Fannie Mae and VA approved! The HOA covers water, gas, sewer, trash, parking, and 24-hour security. Short term rentals allowed! A truly unique opportunity to own in one of Downtown LA's most celebrated Mills Act buildings where architectural history meets modern, resort-style living.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Los Angeles · Condominium
Listed 30.0% below the median closed sale of $500,000. Price per sqft ($447) is a 36% discount to closed comps ($702).
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 460 Spring | Los Angeles | 1912 | 0 | 1 | 510 | 30,796 | $643 | $328,000 | 8 | 77 |
| 400 Broadway | Los Angeles | 2019 | 1 | 1 | 527 | 36,291 | $1,063 | $560,000 | 2 | 73 |
| 630 6th Street | Los Angeles | 1962 | 1 | 1 | 530 | 26,615 | $575 | $305,000 | 38 | 71 |
| 21801 Roscoe Boulevard | Los Angeles | 1980 | 1 | 1 | 511 | 169,910 | $566 | $289,000 | 47 | 69 |
| 655 Hope Street | Los Angeles | 1964 | 1 | 1 | 530 | 11,674 | $565 | $299,500 | 75 | 68 |
| Total: 5 · Average | 0.8 | 1.0 | 521.6 | 55,057.2 | $682.4 | $356,300 | 34 | |||
| Median | 527 | $305,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 533 St Andrews Place | Los Angeles | 1987 | 10/09/2026 | 1 | 1 | 824 | 33,844 | $399,000 | $410,000 | $498 | 1.03 | 57 | 81 |
| 119 Rosemont Avenue | Los Angeles | 1927 | 10/08/2026 | 1 | 1 | 591 | 8,004 | $485,000 | $460,000 | $778 | 0.95 | 29 | 80 |
| 118 Astronaut Ellison S Onizuka Street | Los Angeles | 2025 | 10/02/2026 | 1 | 1 | 807 | 18,029 | $550,000 | $510,000 | $632 | 0.93 | 163 | 80 |
| 622 Barrington | Los Angeles | 1972 | 09/29/2026 | 1 | 2 | 745 | 34,001 | $545,000 | $500,000 | $671 | 0.92 | 230 | 78 |
| 4411 Los Feliz Boulevard | Los Angeles | 1966 | 10/08/2026 | 1 | 1 | 778 | 93,238 | $685,000 | $725,000 | $932 | 1.06 | 68 | 77 |
| Total: 5 · Average | 1.0 | 1.2 | 749 | 37,423.2 | $521,000 | $521,000 | $702.2 | — | 109.4 | ||||
| Median | 778 | $500,000 | $500,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.