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.
Property Details
Price:
$495,000
MLS #:
25552769
Status:
Active
Beds:
1
Baths:
1
Address:
738 S Los Angeles Street 707
Type:
Condo
Subtype:
Condominium
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Jun 16, 2025
State:
CA
Finished Sq Ft:
860
ZIP:
90014
Lot Size:
38,319 sqft / 0.88 acres (approx)
Year Built:
1914
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Schools
Interior
Appliances
Dishwasher, Microwave, Refrigerator, Gas Cooktop, Oven
Cooling
Central Air
Fireplace Features
Family Room, Living Room, Electric
Flooring
Tile
Heating
Central
Window Features
Skylight(s)
Exterior
Association Amenities
Pet Rules, Controlled Access, Picnic Area, Pool, Security, Spa/ Hot Tub, Sport Court, Outdoor Cooking Area, Hot Water
Garage Spaces
1.00
Parking Features
Assigned, Covered, Controlled Entrance, Community Structure
Parking Spots
1.00
Pool Features
Association, Community, Heated, Fenced
Security Features
24 Hour Security, Card/ Code Access, Carbon Monoxide Detector(s), Automatic Gate, Fire and Smoke Detection System, Fire Sprinkler System, Gated Community, Gated with Guard, Guarded, Smoke Detector(s)
Spa Features
Association, Community, Heated
Stories Total
7
View
City Lights
Financial
Association Fee
944.00
Map
Community
- Address738 S Los Angeles Street 707 Los Angeles CA
- AreaC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90014
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738 S Los Angeles Street 707
Los Angeles, CA
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