1118 Valencia Street 219, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath
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Los Angeles, California 90015
This 1-bedroom condominium is a Strong Value Opportunity, listed at $299,990—positioned well below the $326,442 Fair Market Value by 8%. This valuation gap offers $26,452 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit is move-in ready with brand-new quartz countertops and a private patio. Its central location near the Crypto.com Arena and USC makes this an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking urban convenience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1118 Valencia Street 219 Subject | $299,990* List Price | 1 | 1 | 650 | $502 | - |
A 600 W 9th Street 810 Sold | $388,000 | 1 | 1 | 754 | $515 | 0.7 mi |
B 1119 Albany 226 Active | $325,000 List Price | 1 | 1 | 650 | $500 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1983, the unit is well-maintained and move-in ready with significant recent updates. It features brand-new quartz countertops and modern stainless steel appliances, including a high-end stacked washer/dryer. Although the kitchen cabinetry and some fixtures are dated, the overall condition is functional and clean.
Situated in the heart of Downtown LA, the property offers exceptional proximity to Crypto.com Arena, the Financial District, FIDM, and USC, making it ideal for urban professionals and students.
Listed at a highly competitive price point under $300,000, this unit represents a rare entry-level opportunity for homeownership in a high-demand metropolitan area.
The unit features brand-new quartz countertops and a bright, open-concept layout, providing a move-in ready aesthetic that appeals to contemporary buyers.
The association fee of $610 per month is relatively high compared to the listing price, which may impact the overall monthly carrying costs for budget-conscious buyers.
Constructed in 1983, the property may lack the extensive modern amenities and updated infrastructure found in the newer luxury developments throughout the Downtown area.
Welcome to this bright, move-in ready unit in the heart of Downtown Los Angeles. Step inside to a clean, open space flooded with natural light, where brand-new quartz countertops bring a fresh, modern touch to the kitchen. Step out onto your private patio overlooking the courtyard, the perfect spot to enjoy your morning coffee or unwind in the evening, taking in the wonderful, peaceful view away from the energy of the city just outside your door. You're just minutes from Crypto.com Arena and the Downtown Financial District, with FIDM right around the corner and an easy, short drive to the USC campus. Whether you're catching a game, commuting to work or school, or grabbing dinner in one of DTLA's vibrant neighborhoods, everything is within easy reach. Clean interior, abundant light, a charming patio, and an unbeatable central location is your for a remarkable price.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 650 | 1,243 |
| Lot Size | 147,380 | 24,016 |
| Price | $300.0K | $805.6K |
| Price per sq ft | $462 | $659 |
| Built year | 1983 | 1981 |
| HOA | $610.0 | $684 |
| Days on market | 35 | 71 |
Jun 17, 2026
$299,990
Initial Listing
May 6, 2013
$110,000
Public Record
Aug 11, 2006
$280,000
Public Record
Sep 14, 2005
$270,000
Public Record
Mar 10, 2000
$42,000
Public Record