1119 Albany Street 337, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath
1119 Albany Street 337
Los Angeles, California 90015
Property Price
SUMMARY
Analysis of 1119 Albany Street 337, Los Angeles, California 90015 is currently available with a list price of $376,300. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1983 and sold in 'As-Is' condition, this property fits the 'fair' criteria as it is over 40 years old with no mention of recent renovations. The description as an 'investment opportunity' and the lack of interior photos typically indicate a unit with dated features, original appliances, and aging systems that require cosmetic updates or minor repairs to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Entertainment Proximity
The property is within walking distance of major Los Angeles landmarks, including the Convention Center and Crypto.com Arena, making it highly desirable for urban professionals and sports fans.
- Competitive Entry Price
Listed at $376,300, this unit represents a high-value entry point into the Downtown Los Angeles real estate market compared to newer luxury developments.
- Generous Living Space
At approximately 845 square feet, this one-bedroom unit offers a more spacious layout than many modern micro-condos in the same area.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $610 is relatively high compared to the listing price, which may impact the overall affordability and net ROI for investors.
- As-Is Condition
The property is being sold in as-is condition, suggesting that the buyer should budget for potential immediate repairs or cosmetic updates.
- Aging Infrastructure
Built in 1983, the building may lack the modern amenities and energy-efficient systems found in newer residential complexes in the DTLA area.
About 1119 Albany Street 337
Investment opportunity walking distance to major attractions in Los Angeles. Imagine walking to the conventional center or Staples Center to watch a game. Built in 1983 this one bedroom has approx. 845 sq. ft. If you blink it will be SOLD at this price. Buyers check City, County, Zoning, Tax, and other records to their satisfaction. AS-IS SALE property.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1983
- Lot Size
- -
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 845 | 990 | 32% |
| Lot Size | - | 41,217 | 5% |
| Price | $376.3K | $550.0K | 7% |
| Price per sq ft | $445 | $575 | 15% |
| Built year | 1983 | 2007 | 15% |
| HOA | $610.0 | $919 | 17% |
| Days on market | 22 | 213 | 2% |
Pricing History
Listed for Sale
Feb 12, 2026
$376,300
Initial Listing
Sold
Apr 13, 2006
$205,000
Public Record