
Los Angeles, California 90012
This Bunker Hill Condominium is a Prime Investment Opportunity, listed at $579,000—positioned well below the $606,935 Fair Market Value by 4%. This valuation gap secures $27,935 in Instant Equity for the buyer. Boasting a Good Condition Rating, the residence features a renovated kitchen, granite countertops, and panoramic skyline views from a quiet interior courtyard. Located in the Los Angeles Unified district near the Disney Concert Hall, it balances cultural lifestyle with financial upside. This is an ideal match for Urban Professionals or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 121 S Hope Street 318 Subject | $579,000* List Price | 2 | 2 | 1,227 | $495 | - |
A 880 W 1st Street 309 Sold | $515,000 | 2 | 2 | 1,217 | $423 | 0.1 mi |
B 121 S Hope Street 405 Sold | $540,636 | 2 | 2 | 1,219 | $444 | 0.0 mi |
C 880 W 1st Street 211 Sold | $513,000 | 2 | 2 | 1,217 | $422 | 0.1 mi |
D 880 W 1st Street 604 Sold | $505,000 | 1 | 2 | 1,006 | $502 | 0.1 mi |
E 880 W 1st Street 802 Sold | $499,000 | 1 | 1 | 1,006 | $496 | 0.1 mi |
F 100 S Alameda Street 353 Sold | $625,000 | 3 | 2 | 1,176 | $531 | 0.9 mi |
G 121 S Hope Street 431 Active | $698,000 List Price | 2 | 2 | 1,252 | $558 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building was constructed in 1980, the unit features a renovated kitchen and bathrooms that appear to be 10-15 years old. With stainless steel appliances, granite countertops, recessed lighting, and updated flooring, the property is well-maintained and move-in ready.
Situated in the prestigious Bunker Hill neighborhood, the property offers unparalleled walkability to iconic landmarks such as the Walt Disney Concert Hall, The Broad, and the new Metro regional connector.
Unlike street-facing units, this residence overlooks a peaceful interior courtyard, providing a rare sense of calm, greenery, and privacy within the heart of Downtown Los Angeles.
Offering over 1,200 square feet of living space and priced more accessibly than comparable units in the building, this property represents a strong entry point for a two-bedroom residence in a high-demand area.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The association fee of $1,220 per month is significantly high, which may impact the overall affordability and appeal for budget-conscious buyers.
The unit relies on on-floor laundry facilities rather than having in-unit hookups, which is a notable convenience drawback compared to newer luxury condominium developments.
A standout 2-bedroom opportunity within the Promenade, offering a rare combination of space and quiet in the heart of Downtown LA, priced more accessibly than comparable units in the building. Tucked away on the peaceful interior side, this residence offers over 1,200 square feet and a welcome sense of calm in downtown living. Unlike street-facing units, it enjoys a quiet courtyard setting with greenery and an unexpected skyline view, creating a unique balance of energy and privacy. The open living and dining area is filled with natural light and connects seamlessly to a private balcony, extending the living space outdoors. The layout is both functional and flexible, well-suited for everyday living, working from home, or hosting guests. The primary bedroom is set apart as a quiet, private retreat, while the second bedroom offers versatility for guests or a dedicated office. The unit is conveniently situated near the elevator serving its tandem parking spaces, as well as on-floor laundry and trash facilities. Residents enjoy a landscaped courtyard, pool, spa, and welcoming lobby. Located just steps from the Walt Disney Concert Hall, The Broad, MOCA, Grand Park, and other civic and cultural landmarks, the home sits within the highly walkable Bunker Hill neighborhood. The location also offers excellent connectivity. A major new Metro regional connector station across the street provides direct access throughout the city, along with additional nearby Metro and bus lines. Immediate access to major freeways makes it easy to navigate greater Los Angeles. A compelling entry point into the Promenade, positioned to stand out in today’s market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 58% |
| Baths | 2.0 | 1.0 | 61% |
| Square foot | 1,227 | 1,006 | 81% |
| Lot Size | 67,210 | 64,671 | 55% |
| Price | $579.0K | $625.0K | 45% |
| Price per sq ft | $472 | $577 | 23% |
| Built year | 1980 | 1985 | 35% |
| HOA | $1220.0 | $858 | 81% |
| Days on market | 9 | 238 | 3% |
Apr 23, 2026
$579,000
Initial Listing
Oct 25, 2017
$590,000
Public Record
Apr 4, 2007
$605,000
Public Record