1119 Albany 325, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath
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Los Angeles, California 90015
This Remodeled Top-Floor Loft is a Strong Value Opportunity, listed at $469,900—positioned well below the $489,500 Fair Market Value by 4%. This strategic pricing offers $19,600 in Instant Equity, complemented by eligibility for a $30,000 grant. Boasting a Condition Rating of 2, the residence features a modern kitchen, stainless steel appliances, and a rare private rooftop patio with city light views. Located in the heart of Downtown L.A. near Crypto.com Arena, this turnkey asset is ideal for Owner-Occupants or first-time buyers seeking immediate appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1119 Albany 325 Subject | $449,900* List Price | 1 | 1 | 926 | $518 | - |
A 600 W 9th Street 302 Sold | $375,000 | 1 | 1 | 754 | $497 | 0.7 mi |
B 600 W 9th Street 810 Sold | $388,000 | 1 | 1 | 754 | $515 | 0.7 mi |
C 645 W 9th Street 741 Sold | $420,000 | 1 | 1 | 790 | $532 | 0.7 mi |
D 1100 S Hope Street 1507 Sold | $530,000 | 1 | 1 | 860 | $616 | 0.6 mi |
E 1100 S Hope Street 911 Sold | $559,000 | 1 | 1 | 908 | $616 | 0.6 mi |
F 1119 Albany Street 225 Sold | $355,000 | 1 | 1 | 650 | $546 | - |
G 1118 Valencia Street 310 Active | $450,000 List Price | 1 | 1 | 926 | $486 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has been extensively remodeled with high-quality modern finishes, including an updated kitchen with newer stainless steel appliances, contemporary wood-look flooring, and renovated bathrooms. Although the building was constructed in 1983, the interior components appear virtually new and meet current design standards, featuring a private rooftop patio and a well-maintained open-concept layout.
Situated within walking distance of Crypto.com Arena and L.A. Live, this property offers exceptional access to world-class entertainment, dining, and the Los Angeles Convention Center.
As a top-floor loft, the unit features a rare private rooftop patio with stunning city light views, providing a premium outdoor living space that is highly coveted in an urban setting.
The remodeled open-concept design includes a flexible upstairs loft space, perfect for a home office or guest area, effectively maximizing the functional square footage.
The monthly HOA fee of $610 is a significant recurring expense that may impact overall affordability and the buyer's debt-to-income ratio.
Constructed in 1983, the building is older than many neighboring luxury developments, which may lead to higher long-term maintenance requirements compared to newer constructions.
This condo qualifies for a $30,000 grant. Experience elevated urban living in this beautifully remodeled top-floor loft offering breathtaking city light views from your private rooftop patio. Flooded with natural light from expansive windows, this open concept residence blends modern style with functional design. The updated kitchen features newer stainless steel appliances and seamlessly flows into the spacious living and dining areas. Upstairs, the versatile loft provides additional open space perfect for a home office, guest area, or potential second bedroom. In unit washer and dryer, elevator access, and one assigned underground parking space (with potential for a second). The gated community offer resort-style amenities including a pool, spa, BBQ area, evening security (5pm-7am), and video surveillance for added peace of mind. Ideally located within walking distance to Crypto.com Arena, L.A. Live, Los Angeles Convention Center and minutes away from USC.
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 | $449.9K | $595.5K | 17% |
| Price per sq ft | $486 | $608 | 19% |
| Built year | 1983 | 2007 | 11% |
| HOA | $610.0 | $946 | 14% |
| Days on market | 58 | 214 | 6% |
Apr 8, 2026
$449,900
$469,900
-4% Price Drop
Initial Listing
Mar 27, 2026
$469,900
$484,900
-3% Price Drop
Initial Listing
Mar 8, 2026
$484,900
$489,500
-1% Price Drop
Initial Listing
Feb 23, 2026
$489,500
Initial Listing
Jul 23, 2019
$430,000
Public Record
May 10, 2006
$355,000
Public Record