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1130 S Flower Street 215, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 2 bath

1130 S Flower Street 215, Los Angeles, California 90015 home-pic-0
ACTIVE$610,000
1130 S Flower Street 215, Los Angeles, California 90015
1Bed
2Baths
1,260Sqft
44,583Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Live/Work Zoning: One of the few buildings in South Park zoned and entitled for Live/Work, offering flexible built-in office cubicles for business or home office needs.
Top Cons:
High HOA Fees: The monthly association fee of $1,100 is substantial and could impact affordability and long-term ownership costs.

Compared to the nearby listings

Price:$610.0K vs avg $567.0K (+$43,000)56%
Size:1,260 sqft vs avg 1,035 sqft65%
Price/sqft:$484 vs avg $60319%

More Insights

Built in 2003 (22 years old).
Condition: Built in 2003, this unit is 21 years old but presents in very good condition, aligning with the 'Good' category's criteria for well-maintained properties. The kitchen features modern light wood, flat-panel cabinetry, dark solid-surface countertops, and stainless steel appliances, all appearing functional and in good repair. The bathroom includes a separate tub and a glass-enclosed shower with white subway tiles, along with a vanity that matches the kitchen's contemporary style. Hardwood flooring extends throughout the main living areas and bathroom, showing minimal wear. The overall aesthetic is a clean, industrial loft style that has aged gracefully, requiring no immediate renovations. All visible systems and finishes are well-kept and functional.
Year Built
2003
Close
-
List price
$610K
Original List price
$635K
Price/Sqft
$484
HOA
$1,100
Days on market
-
Sold On
-
MLS number
25520915
Home ConditionGood
Features
Good View: City Lights
ViewCity Lights

About this home

One of the very few buildings in South Park zoned and fully entitled for Live/Work. This means you can run a home office or business with the luxury of a prime location and comfort of Home. This unit has built-in office cubicles that can close or open up depending on your home office/business needs. Pet-friendly building with a walk score of 95... you can explore the neighborhood with ease and also have quick access to all major freeways and services. Come take a look to see what South Park is all about! West-facing floor plan with views of up-coming Oceanwide Plaza from floor-to-ceiling living room windows, and views of common area outdoor hallway from the bedroom windows. HOA incl. 2 reserved parking spaces, and Spectrum package that incl. WiFi Internet, Basic Cable + HBO MAX & Showtime, 1 NVR, & 1 NR Recording. It's a GREAT time to invest & live in DTLA: BILLIONS of $ going into DTLA development in prep for the 2026 World Cup & 2028 Olympics, incl. newly paved streets everywhere, plus exciting new construction in the neighborhood. South Park is the quiet and highly manicured part of Downtown LA. Neighborhood amenities incl. Prank Bar, The Moxy, Level 8, Javier's, Mastro's, Starbucks, Orange Theory, South Park Pharmacy & Grocery, Crypto.com Arena, LA Live, Regal Cinemas, Ralph's, Whole Foods, and an abundant restaurant and mixology bar scene. AGENTS SEE PRIVATE AND SHOWING REMARKS!

Nearby schools

2/10
Tenth Street Elementary School
Public,•K-5•0.7mi
3/10
John H. Liechty Middle School
Public,•6-8•1.0mi
3/10
Belmont Senior High School
Public,•9-12•1.3mi

Price History

Date
Event
Price
10/13/04
Sold
$650,000
10/29/03
Sold
$435,000
Condition Rating
Good
Built in 2003, this unit is 21 years old but presents in very good condition, aligning with the 'Good' category's criteria for well-maintained properties. The kitchen features modern light wood, flat-panel cabinetry, dark solid-surface countertops, and stainless steel appliances, all appearing functional and in good repair. The bathroom includes a separate tub and a glass-enclosed shower with white subway tiles, along with a vanity that matches the kitchen's contemporary style. Hardwood flooring extends throughout the main living areas and bathroom, showing minimal wear. The overall aesthetic is a clean, industrial loft style that has aged gracefully, requiring no immediate renovations. All visible systems and finishes are well-kept and functional.
Pros & Cons

Pros

Live/Work Zoning: One of the few buildings in South Park zoned and entitled for Live/Work, offering flexible built-in office cubicles for business or home office needs.
Prime DTLA Location: Located in the highly desirable South Park area of DTLA with a Walk Score of 95, excellent freeway access, and abundant neighborhood amenities including dining, entertainment, and groceries.
Investment Potential: Significant ongoing development in DTLA, including billions of dollars in investment for the 2026 World Cup and 2028 Olympics, suggests strong future appreciation and growth.
Valuable HOA Inclusions: HOA fees cover two reserved parking spaces and a comprehensive Spectrum package including WiFi, basic cable, HBO MAX, and Showtime, adding substantial value.
Spacious Unit & Views: A generous 1260 sqft for a 1-bedroom unit, built in 2003, featuring floor-to-ceiling living room windows with west-facing views of the upcoming Oceanwide Plaza and city lights.

Cons

High HOA Fees: The monthly association fee of $1,100 is substantial and could impact affordability and long-term ownership costs.
Subpar Bedroom View: Bedroom windows offer views of a common area outdoor hallway, which is less appealing compared to the living room's city views.
Limited Appreciation: The current list price of $610,000 is lower than the 2004 sale price of $650,000, indicating a lack of capital appreciation over a significant period.

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