1118 Valencia Street 310, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath
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Los Angeles, California 90015
This Unique Multi-Level Loft is a Strong Value Opportunity, listed at $450,000—positioned well below the $476,375 Fair Market Value by 5%. This valuation gap offers $26,375 in Instant Equity for the buyer. While maintaining a Functional Condition Rating, the residence features architectural highlights like 18-foot ceilings, a skylight dome, and a private rooftop deck. Located steps from L.A. Live, this property balances lifestyle perks with clear appreciation potential. It is perfectly suited for urban professionals or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1118 Valencia Street 310 Subject | $450,000* List Price | 1 | 1 | 926 | $514 | - |
A 600 W 9th Street 810 Sold | $388,000 | 1 | 1 | 754 | $515 | 0.7 mi |
B 1100 S Hope Street 911 Sold | $559,000 | 1 | 1 | 908 | $616 | 0.6 mi |
C 1100 S Hope Street 1507 Sold | $530,000 | 1 | 1 | 860 | $616 | 0.6 mi |
D 1100 S Hope Street 511 Sold | $525,999 | 1 | 1 | 890 | $591 | 0.6 mi |
E 1155 S Grand Avenue 311 Sold | $435,000 | 1 | 1 | 920 | $473 | 0.7 mi |
F 645 W 9th Street 720 Sold | $550,000 | 2 | 1 | 890 | $618 | 0.7 mi |
G 1119 Albany Street 335 Active | $419,000 List Price | 1 | 1 | 797 | $526 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1983, this property is in functional condition but shows significant signs of being outdated. The kitchen features older laminate countertops, white cabinetry, and a mix of appliance finishes. The interior includes popcorn ceilings and older carpeting that shows wear in non-staged photos. While the unit is well-maintained and features desirable architectural elements like high ceilings and a loft, the kitchen and bathroom fixtures are aged and lack modern renovations.
The unit features soaring 18-foot ceilings and a striking skylight dome, creating a voluminous, light-filled living space that is rare for a one-bedroom floor plan.
The multi-level layout includes a spacious loft that opens to a private rooftop deck, providing exclusive outdoor space for entertaining with city views in a dense urban setting.
Situated moments from L.A. Live and Crypto.com Arena, the property offers exceptional access to world-class entertainment, dining, and public transportation.
The association fee of $603.25 is relatively high for a one-bedroom unit, which may impact the overall monthly affordability for some buyers.
Constructed in 1983, the property may require more maintenance or lack the modern energy-efficient systems found in newer luxury developments in the area.
Experience the perfect blend of style, space, and value in this stunning 1-bedroom + loft residence located in the heart of Los Angeles. Offering an exceptional opportunity to enjoy urban living at a very reasonable price, this beautifully designed 926 sq ft unit is filled with natural light from expansive windows, creating a bright and inviting atmosphere. Soaring 18-foot ceilings and a striking skylight dome enhance the modern aesthetic while flooding the home with sunlight throughout the day. This highly sought-after floor plan is one of the rare multi-level layouts in the community, featuring a spacious loft on the second level perfect for a home office, guest space, or creative studio. The loft opens to its own private rooftop deck, ideal for relaxing or entertaining. The unit includes a stacked washer and dryer, as well as a refrigerator for your convenience. Residents enjoy the security of a gated complex with two assigned underground parking spaces and evening security guard service. The community offers resort-style amenities including a swimming pool, jacuzzi, BBQ areas, as well as beautifully maintained gardens and walking paths creating a perfect environment for pet owners and outdoor enjoyment. Ideally situated just moments from L.A. Live, Crypto.com Arena, the Los Angeles Convention Center, and convenient public transportation, this location truly has it all. Don't miss this rare opportunity to own a unique and stylish home in one of Downtown LA's most vibrant neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.5 | 50% |
| Square foot | 926 | 1,095 | 39% |
| Lot Size | 147,380 | 42,893.5 | 86% |
| Price | $450.0K | $595.5K | 17% |
| Price per sq ft | $486 | $608 | 19% |
| Built year | 1983 | 2007 | 11% |
| HOA | $603.25 | $946 | 14% |
| Days on market | 15 | 214 | 3% |
Apr 7, 2026
$450,000
Initial Listing
Jul 20, 2017
$413,000
Public Record
Jul 16, 2004
$175,000
Public Record
Oct 17, 1996
$56,000
Public Record