1115 S Elm Drive 415, Los Angeles, California 90035, Los Angeles, 90035 - 1 bed, 2 bath
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1115 S Elm Drive 415
Los Angeles, California 90035
ACTIVE
CONDITION: FAIR
1Beds
2Baths
768Sq Ft
39,965Lot Size
Property Price
LIST PRICE$499,000
EST. MARKET VALUE
$480,316
3% AboveMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is listed at $522,000, positioned above the $487,744 Fair Market Value. While currently priced for the market, the property offers a Condition Rating of 4, providing a clear path for value-add cosmetic updates. Located in a prime area near Beverly Hills High School (9/10), this unit features a Courtyard View and access to a Gym, Sauna, and Hot Tub. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity through modernization.
Estimated Market Value
$480,316
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1115 S Elm Drive 415 Subject 1 bd · 2 ba · 768 sqft · $625 | $499,000* List Price | 1 | 2 | 768 | $625 | - |
A 1115 S Elm Drive 207 Sold 1 bd · 2 ba · 811 sqft · $644 · 0.0 mi | $522,000 | 1 | 2 | 811 | $644 | 0.0 mi |
B 1515 S Beverly Drive 308 Sold 1 bd · 1 ba · 681 sqft · $626 · 0.3 mi | $426,000 | 1 | 1 | 681 | $626 | 0.3 mi |
C 1515 S Beverly Drive 306 Sold 1 bd · 1 ba · 681 sqft · $711 · 0.3 mi | $484,000 | 1 | 1 | 681 | $711 | 0.3 mi |
D 1115 S Elm Drive 405 Active 1 bd · 2 ba · 768 sqft · $651 · 0.0 mi | $500,000 List Price | 1 | 2 | 768 | $651 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1972, this condo is functional but dated. The kitchen features older cabinetry and white appliances, including an electric coil stove. While the bathrooms have received new flooring, the vanities and fixtures remain dated. The unit is livable but requires cosmetic updates and modernization throughout.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Beverly Hills High School (9/10).
- Prime Location
Situated in the highly sought-after Beverlywood vicinity and Beverly Hills adjacent, the property offers exceptional walkability to local temples, restaurants, and easy access to both the Westside and Eastside.
- Extensive Building Amenities
Residents benefit from a robust suite of amenities including a gym, sauna, hot tub, dedicated storage, and the significant added value of earthquake insurance included in the HOA dues.
CONSRISKS & DEFICIENCIES
- Cosmetic Updates Needed
The property is positioned as a value-add opportunity, suggesting that buyers may need to invest in modernizing the interior to reach its full market potential.
- Lack of In-Unit Laundry
The building utilizes a community laundry room rather than in-unit hookups, which may be a convenience drawback for some modern buyers.
About 1115 S Elm Drive 415
Enjoy a sought-after location near temples and popular restaurants, just moments from Beverly Hills, with easy access to both the Westside and Eastside. Natural light fills the home, while the courtyard-facing balcony offers a lovely spot to relax or create your own garden retreat. Well maintained and ready for its next owner, this is an opportunity to add your personal touch and value with a few updates. Bathrooms feature new flooring. Community amenities include laundry, recreation room, hot tub, sauna, gym, storage, bike room, on-site handyman, and earthquake insurance!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1972
- Lot Size
- 39,965 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $480.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Canfield Avenue Elementary School
Grades K-5 • 0.6 mi
7/10
Shenandoah Street Elementary School
Grades K-5 • 1.4 mi
4/10
Crescent Heights Boulevard Elementary School
Grades K-5 • 1.4 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 768 | 1,252.996 |
| Lot Size | 39,965 | 26,029.603 |
| Price | $499.0K | $778.5K |
| Price per sq ft | $650 | $629 |
| Built year | 1972 | 1981 |
| HOA | $480.0 | $676 |
| Days on market | 46 | 74 |
Pricing History
Listed for Sale
Oct 14, 2026
$499,000
$522,000
-4% Price Drop
Initial Listing
Price Change
Sep 24, 2026
$522,000
Initial Listing
Sold
Jun 13, 2019
$485,000
Public Record
Sold
Jan 26, 2007
$395,000
Public Record