1118 Valencia Street 219, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath
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1118 Valencia Street 219
Los Angeles, California 90015
ACTIVE
CONDITION: GOOD
1Beds
1Baths
650Sq Ft
147,380Lot Size
Property Price
LIST PRICE$295,000
EST. MARKET VALUE
$262,112
12% AboveMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $295,000—positioned above the $262,112 Fair Market Value. While the list price reflects a premium, the property maintains a Condition Rating of 3, featuring recent renovations like new countertops and fresh paint. With in-unit laundry, gated parking, and a community pool, this residence offers a highly functional lifestyle near DTLA and USC. Its central location and move-in ready status make it a compelling choice for first-time buyers or urban professionals seeking immediate comfort in a high-demand area.
Estimated Market Value
$262,112
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 |
|---|---|---|---|---|---|---|
★ 1118 Valencia Street 219 Subject 1 bd · 1 ba · 650 sqft · $403 | $295,000* List Price | 1 | 1 | 650 | $403 | - |
A 1119 Albany 226 Sold 1 bd · 1 ba · 650 sqft · $408 · 0.0 mi | $265,000 | 1 | 1 | 650 | $408 | 0.0 mi |
B 1118 Valencia Street 114 Active Under Contract 1 bd · 1 ba · 650 sqft · $446 · 0.0 mi | $290,000 List Price | 1 | 1 | 650 | $446 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The property is move-in ready following recent renovations including new kitchen countertops, updated bathroom fixtures, and fresh interior paint. While the building dates to 1983, the interior features modern upgrades like a stainless steel refrigerator and newer in-unit laundry, meeting the criteria for a well-maintained, functional residence.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Urban Location
The property is ideally situated near USC, DTLA, and major entertainment hubs like L.A. LIVE, offering high appeal for students, professionals, and investors.
- Turnkey Condition
Recent renovations including new kitchen countertops, updated fixtures, and fresh paint, combined with in-unit laundry and included appliances, make this unit move-in ready.
- Market Accessibility
Priced under $300,000, this condominium represents a rare and affordable entry point into the Los Angeles real estate market.
CONSRISKS & DEFICIENCIES
- High Carrying Costs
The monthly association fee of $610 is relatively high compared to the purchase price, which may impact the buyer's debt-to-income ratio and monthly cash flow.
- Limited Living Space
At 650 square feet, the compact one-bedroom layout may be restrictive for buyers seeking extra storage or a dedicated home office space.
About 1118 Valencia Street 219
Discover convenient urban living in this recently renovated 1-bedroom, 1-bath condominium ideally located near Downtown Los Angeles and USC. This bright and inviting residence features a private balcony with courtyard views, abundant natural light, and the convenience of an in-unit washer and dryer and refrigerator, all included. Recent upgrades include new kitchen countertops, updated bathroom fixtures, and fresh interior paint, making this home truly move-in ready.Enjoy the added security and convenience of gated parking with an assigned parking space, along with access to a community swimming pool. Ideally situated near Downtown Los Angeles, USC, L.A. LIVE, Crypto.com Arena, and Exposition Park, this centrally located condo offers easy access to shopping, dining, entertainment, and cultural attractions. With nearby Metro transit options and convenient access to the 10 and 110 freeways, this property offers an excellent combination of modern comfort, desirable amenities, and urban convenience. Whether you're seeking a primary residence or an investment opportunity, this Los Angeles condominium is ready to welcome its next owner.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1983
- Lot Size
- 147,380 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $610.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 650 | 1,252.996 |
| Lot Size | 147,380 | 26,029.603 |
| Price | $295.0K | $778.5K |
| Price per sq ft | $454 | $629 |
| Built year | 1983 | 1981 |
| HOA | $610.0 | $676 |
| Days on market | 4 | 74 |
Pricing History
Listed for Sale
Nov 5, 2026
$295,000
Initial Listing
Sold
May 6, 2013
$110,000
Public Record
Sold
Aug 11, 2006
$280,000
Public Record
Sold
Sep 14, 2005
$270,000
Public Record
Sold
Mar 10, 2000
$42,000
Public Record