
Los Angeles, California 90035
This Turnkey Condominium is a Strong Value Opportunity, listed at $499,900—positioned well below the $551,299 Fair Market Value by 9%. This valuation gap offers $51,399 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit includes a modernized kitchen, real hardwood floors, and a private balcony. Located near Beverly Hills High School (9/10), this residence offers a premium lifestyle with pool and fitness amenities. It is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1115 S Elm Drive 207 Subject | $499,900* List Price | 1 | 2 | 811 | $680 | - |
A 1115 S Elm Drive 417 Sold | $517,000 | 1 | 2 | 768 | $673 | 0.0 mi |
B 1115 S Elm 516 Sold | $552,000 | 1 | 2 | 768 | $719 | 0.0 mi |
C 1515 S Beverly Drive 306 Sold | $484,000 | 1 | 1 | 681 | $711 | 0.3 mi |
D 1515 S Beverly Drive 308 Sold | $426,000 | 1 | 1 | 681 | $626 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1972, the unit has undergone significant renovations including a modernized kitchen with quartz countertops and stainless steel appliances, updated bathrooms, and new central heat and A/C. With fresh paint, new bedroom carpet, and real hardwood floors, the property is in move-in ready condition and fits the 5-15 year renovation profile.
High School: Beverly Hills High School (9/10).
Situated in a highly desirable Beverly Hills adjacent neighborhood, this property offers exceptional walkability to world-class dining, shopping, and destination points, significantly boosting its desirability.
As a corner unit sharing only one wall, the residence provides enhanced privacy, complemented by a rare 1.5-bath configuration and a balcony that spans the entire length of the unit.
Constructed in 1972, the building may require more ongoing maintenance or lack the modern architectural aesthetics found in newer luxury developments.
At 811 square feet, the single-bedroom layout may feel restrictive for buyers seeking more expansive living spaces or a dedicated home office area.
Prime Beverly Hills adjacent location in the desirable Beverly Towers. This 1 bedroom 1.5 bath, corner unit (only shares 1 wall) has a flowing floor plan with great afternoon light. The spacious kitchen has plenty of storage for all of your smart appliances, abundant counter space, Stainless steel appliances and quartz counters. The separate dining area opens to the living room with real hardwood floors, wet bar and balcony that's the length of the unit. Spacious bedroom with excellent closet space and a large primary bath featuring a separate tub and shower. Other features are oversized windows and sliders, new carpet in the bedroom, recessed lighting and fresh paint. 2 car parking in the garage, new central heat and a/c. Solid HOA with monthly dues of only $480 which include water, earthquake insurance and great amenities including pool, spa, fitness suite, rec room, and bike storage room. Walk to Houses of Worship, great shopping, dining, and other well known destination points.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.4 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 811 | 1,243 |
| Lot Size | 39,965 | 24,016 |
| Price | $499.9K | $805.6K |
| Price per sq ft | $616 | $659 |
| Built year | 1972 | 1981 |
| HOA | $480.0 | $684 |
| Days on market | 16 | 71 |
Jul 6, 2026
$499,900
Initial Listing
Jun 1, 2016
$458,000
Public Record
Jul 9, 1999
$99,000
Public Record