1119 Albany 226, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath
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Los Angeles, California 90015
This Turnkey Condominium represents a Strong Value Opportunity, listed at $325,000—positioned well below the $343,839 Fair Market Value by 5%. This valuation gap offers $18,839 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the unit includes new flooring, stainless-steel appliances, and recessed lighting. Its central location near USC and Downtown LA provides excellent rental demand. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a modern, move-in-ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1119 Albany 226 Subject | $299,000* List Price | 1 | 1 | 650 | $478 | - |
A 1118 Valencia Street 114 Active | $338,000 List Price | 1 | 1 | 650 | $520 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive renovation within the last year, featuring brand-new flooring, fresh paint, new stainless-steel appliances, and new recessed lighting. A significant system update was noted with the bathroom being repiped, making the unit fully turnkey and meeting the criteria for a recent renovation under 5 years old.
The property features significant recent updates including new flooring, fresh interior paint, new stainless-steel appliances, and updated plumbing, offering a move-in-ready experience for buyers.
Ideally situated near Downtown LA, USC, and major freeways, this location provides excellent accessibility for students and professionals, enhancing its rental and resale potential.
Priced at $325,000, this condo represents a highly accessible price point for the Los Angeles market, making it an attractive option for first-time buyers or investors.
The monthly HOA fee of $610 is relatively high for a 650-square-foot one-bedroom unit, which significantly increases the total monthly carrying costs for the owner.
With only 650 square feet of living area and a 1983 build date, the compact layout may feel restrictive for buyers seeking more storage or modern open-concept architectural features.
Welcome to 1119 Albany Street – Step into this beautifully updated condo located in the heart of Los Angeles. Featuring brand-NEW FLOORING, fresh interior paint, and NEW stainless-steel appliances including a stove and dishwasher. NEW installed recess lighting in living room & bedroom. The bathroom was REPIPE. This home offers a clean, modern feel that’s ready for you to move right in. The layout is spacious and filled with natural light, creating a warm and inviting atmosphere. Whether you're cooking in the refreshed kitchen or unwinding in the living area, you’ll love the thoughtful updates throughout. Enjoy the perks of a central and convenient location — close to Downtown LA, USC, public transportation, and major freeways, making your daily commute and weekend outings effortless. Perfect for first-time buyers, students, or anyone seeking an affordable home in a prime location. Don't miss this turnkey opportunity – come see it today!
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 | $299.0K | $805.6K |
| Price per sq ft | $460 | $659 |
| Built year | 1983 | 1981 |
| HOA | $610.0 | $684 |
| Days on market | 48 | 71 |
Jul 17, 2026
$299,000
$299,999
+0% Price Increase
Initial Listing
Jul 2, 2026
$299,999
$325,000
-8% Price Drop
Initial Listing
Jun 4, 2026
$325,000
Initial Listing