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1056 N Joels, Los Angeles, California 90012, Los Angeles, 90012 - 4 bed, 5 bath

1056 N Joels, Los Angeles, California 90012 home-pic-0
ACTIVE$1,569,000
1056 N Joels, Los Angeles, California 90012
4Beds
5Baths
2,362Sqft
1,320Lot

Price Vs. Estimate

The estimated value ($1,484,244.79) is $84,755.21 (5%) lower than the list price ($1,569,000). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Modern Design: Recently built in 2021, this property offers contemporary design, an open-concept floor plan, and luxury finishes like vinyl plank flooring throughout.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

Compared to the nearby listings

Price:$1.57M vs avg $750.0K (+$819,000)91%
Size:2,362 sqft vs avg 1,388 sqft82%
Price/sqft:$664 vs avg $66450%

More Insights

Built in 2019 (6 years old).
Condition: This property was built in 2019, with the community completed in 2021, making it virtually new. The kitchen features modern white and wood-look cabinetry, quartz countertops, a stylish tiled backsplash, stainless steel appliances, and pendulum lighting. All bathrooms are contemporary with modern vanities, quartz countertops, and either walk-in showers or tub/shower combos with sleek tiling. Luxury vinyl plank flooring is present throughout, and all fixtures and finishes are current and in pristine condition, indicating no deferred maintenance and meeting the highest quality standards.
Year Built
2019
Close
-
List price
$1.57M
Original List price
$1.6M
Price/Sqft
$664
HOA
$188
Days on market
-
Sold On
-
MLS number
IG25255131
Home ConditionExcellent
Features
Excellent View: City Lights, Hills, Panoramic
ViewCity Lights,Hills,Panoramic

About this home

Wonderful URBAN LIVING at its Finest!! This is a NEWLY Built Community in 2021 of East Hill at Elysian Peak and Located in Down-Town LA with INCREDIBLE VIEWS of the City Lights and Surrounding Cityscape from your Living Room & private Balconies!! This is a LIVE/WORK/ENTERTAIN Atmosphere with an OPEN CONCEPT Floor-Plan Offering 2362sqft with 4 Bedrooms and 4.5 Bathrooms * * Spacious Living Room with Beautiful LUXURY Vinyl Plank Flooring Throughout and a PICTURE WINDOWS to Enjoy the Endless Views of City Lights * * Terrific ISLAND Kitchen with Quartz Counters and Custom Tiled Back-Splash, STAINLESS STEEL Appliance Package, Breakfast Counter for the Kids, Separate Wet-Bar and Accented with Pendulum Lighting * * Large Primary Bedroom with Walk-In Closet and Primary Bathroom offers DUAL Sinks and Walk-In Shower * * (3) Additional Nicely Appointed Bedrooms each with their OWN PRIVATE BATHROOM * * INDOOR LAUNDRY ROOM * * Private Balconies to ENJOY Your Morning Coffee * * TWO CAR Attached Garage * * HIGHLY DESIRABLE Location is Minutes to the Trendy Local LA Scene and Close to Dodger Stadium, Staples Center, USC, Monterey Park, Shopping, Dining/Restaurants, Scenic Trails and EZ Freeway Access to the 101/110/5 Freeways * * GREAT Cash-Flow Opportunity with LOW HOA - Luxurious Living with Modern Design makes this a MUST SEE Home!!

Nearby schools

6/10
Castelar Street Elementary School
Public,•K-5•0.5mi
4/10
Betty Plasencia Elementary School
Public,•K-6•0.6mi
7/10
Solano Avenue Elementary School
Public,•K-6•0.9mi
2/10
Logan Street Elementary School
Public,•K-8•0.9mi
3/10
Sal Castro Middle School
Public,•6-8•1.1mi
5/10
Florence Nightingale Middle School
Public,•6-8•1.9mi
3/10
Belmont Senior High School
Public,•9-12•1.1mi
5/10
Abraham Lincoln Senior High School
Public,•9-12•2.4mi

Price History

Date
Event
Price
06/21/21
Sold
$1,395,000
Condition Rating
Excellent
This property was built in 2019, with the community completed in 2021, making it virtually new. The kitchen features modern white and wood-look cabinetry, quartz countertops, a stylish tiled backsplash, stainless steel appliances, and pendulum lighting. All bathrooms are contemporary with modern vanities, quartz countertops, and either walk-in showers or tub/shower combos with sleek tiling. Luxury vinyl plank flooring is present throughout, and all fixtures and finishes are current and in pristine condition, indicating no deferred maintenance and meeting the highest quality standards.
Pros & Cons

Pros

New Construction & Modern Design: Recently built in 2021, this property offers contemporary design, an open-concept floor plan, and luxury finishes like vinyl plank flooring throughout.
Panoramic City Views: Features incredible, endless city lights and cityscape views from the living room and private balconies, enhancing its appeal and lifestyle.
Prime Urban Location & Accessibility: Situated in Downtown LA, minutes from major attractions (Dodger Stadium, Staples Center, USC) and offering excellent freeway access (101/110/5).
Premium Kitchen & Entertainment Features: Equipped with a terrific island kitchen, Quartz counters, stainless steel appliance package, and a separate wet bar, ideal for entertaining.
Private En-suite Bathrooms: All four bedrooms include their own private bathrooms, providing superior comfort, privacy, and convenience for residents and guests.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1320, living area = 2362.
Limited Outdoor Space: The property features a relatively small lot size of 1320 sqft, which may limit private outdoor living space beyond the balconies.
Potential Overpricing: The property's estimated value is 6% below the current listing price, suggesting it might be priced above current market expectations.
Variable Local School Performance: The immediate area includes several public schools with lower ratings (e.g., 2s and 3s), which could be a consideration for families prioritizing top-tier education.

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