1119 Albany Street 235, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath
ACTIVE$425,000
1119 Albany Street 235, Los Angeles, California 90015
1Bed
1Bath
797Sqft
147,380Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Downtown LA Location: The condo is situated in the desirable Downtown Los Angeles area, offering convenient urban living with immediate access to dining, shopping, and entertainment.
Top Cons:
Bed/Bath Count Discrepancy: There is a discrepancy in the bed count; the description states '2 bed, 1 bath' while the structured data indicates '1 bed', which could cause confusion for potential buyers.
Compared to the nearby listings
Price:$425.0K vs avg $555.0K ($-130,000)12%
Size:797 sqft vs avg 1,010 sqft29%
Price/sqft:$533 vs avg $60323%
More Insights
Built in 1983 (42 years old).
Condition: Built in 1983, this condo is 41 years old. The visible bathroom features an outdated, beige tub/shower combo and fixtures, suggesting it is either original or was renovated over 20 years ago. While the exterior and common areas appear well-maintained, the lack of kitchen images and the dated bathroom indicate that the interior likely requires minor updates to meet current aesthetic and functional standards. The property is functional but shows signs of being outdated, aligning with the 'Fair' condition criteria.
Year Built
1983
Close
-
List price
$425K
Original List price
$475K
Price/Sqft
$533
HOA
$531
Days on market
-
Sold On
-
MLS number
25570311
Home ConditionFair
Features
Good View: City Lights, Courtyard
Deck
Pool
ViewCity Lights,Courtyard
About this home
Charming 2 bed, 1 bath condo featuring an open layout and private patio with nice views. This condo located in the Vista Montoya condominiums has something special, and you must live in there to feel just at home. Enjoy the comfort of living and working in Los Angeles downtown area and compare its low HOA to many other complex in the area. Located in a secure, guard-gated community with views and low HOA and its amenities. Enjoy urban living just steps from dining, shopping and entertainment.
Price History
Date
Event
Price
07/22/99
Sold
$55,000
Condition Rating
Fair
Built in 1983, this condo is 41 years old. The visible bathroom features an outdated, beige tub/shower combo and fixtures, suggesting it is either original or was renovated over 20 years ago. While the exterior and common areas appear well-maintained, the lack of kitchen images and the dated bathroom indicate that the interior likely requires minor updates to meet current aesthetic and functional standards. The property is functional but shows signs of being outdated, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Prime Downtown LA Location: The condo is situated in the desirable Downtown Los Angeles area, offering convenient urban living with immediate access to dining, shopping, and entertainment.
Secure Community: Located within a secure, guard-gated community (Vista Montoya condominiums), providing enhanced safety and peace of mind for residents.
Views and Private Outdoor Space: Features a private patio with nice views, including City Lights and Courtyard, enhancing the living experience and offering outdoor relaxation.
Competitive HOA Fees: The HOA fees are noted as 'low compared to many other complexes in the area,' suggesting good value for the community amenities and services provided.
Recent Price Reduction: The property has seen a significant price reduction from $475,000 to $425,000, potentially indicating a motivated seller and a more attractive buying opportunity.
Cons
Bed/Bath Count Discrepancy: There is a discrepancy in the bed count; the description states '2 bed, 1 bath' while the structured data indicates '1 bed', which could cause confusion for potential buyers.
Building Age: Built in 1983, the property is over 40 years old, and the description does not explicitly mention recent renovations or updates to interior finishes or major systems.
Compact Living Space: With 797 sqft, the unit offers a relatively compact living area, which might be a limiting factor for buyers seeking more spacious accommodations, especially if it is a 2-bedroom unit.