1222 N Olive Drive 305, West Hollywood, California 90069, West Hollywood, 90069 - 1 bed, 1 bath

1222 N Olive Drive 305, West Hollywood, California 90069 home-pic-0
ACTIVE$550,000
1222 N Olive Drive 305, West Hollywood, California 90069
1Bed
1Bath
793Sqft
36,046Lot
Year Built
1972
Close
-
List price
$550K
Original List price
$580K
Price/Sqft
$694
HOA
$761.37
Days on market
-
Sold On
-
MLS number
25488449
Home ConditionGood
Features
Good View: City Lights
Deck
ViewCity Lights

About this home

We found 3 Cons,6 Pros. Rank: price - $550.0K(11th), sqft - 793(20th), beds - 1(37th), baths - 1(26th).

Naturally bright west-facing top-floor condo, ideally situated in the heart of West Hollywood. Step inside to an inviting open plan living and dining area, where a generous window frames views of lush, mature trees. A galley kitchen boasts wooden countertops, display cabinetry, and modern stainless-steel appliances. The spacious bedroom features a walk-in closet and a large patio door that opens onto a charming balcony, allowing an abundance of natural light to flood the room. The bathroom features floor to ceiling marble stone, dual sinks, ample storage, and a shower/tub combination. Enjoy a host of building amenities, including a pool, gym, sauna, and recreation room. Two covered side-by-side parking spaces are included, and the HOA dues cover gas, electricity, water, and trash!

Nearby schools

4/10
Rosewood Avenue Elementary School, School for Advanced Studies
Public,K-60.7mi
9/10
West Hollywood Elementary School
Public,K-50.8mi
7/10
Gardner Street Elementary School
Public,K-61.3mi
3/10
Laurel Elementary School
Public,K-80.7mi
8/10
Hawthorne Elementary School
Public,K-82.0mi
3/10
Hubert Howe Bancroft Middle School
Public,6-82.2mi
7/10
John Burroughs Middle School
Public,6-82.9mi
7/10
Fairfax Senior High School
Public,9-121.0mi
6/10
Hollywood Senior High School
Public,9-122.0mi
9/10
Beverly Hills High School
Public,9-123.0mi
Condition Rating
Good

Despite being built in 1972, this condo appears to be move-in ready due to significant updates in key areas. The kitchen features modern stainless-steel appliances, and the bathroom boasts floor-to-ceiling marble stone with dual sinks, indicating a high-quality renovation. The flooring also appears updated. While the building is older and a cooling system is not mentioned, the extensive renovations to the kitchen and bathroom, along with the overall well-maintained appearance from the images, elevate its condition to 'Good'.
Pros & Cons

Pros

Great Schools: Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Prime West Hollywood Location: Ideally situated in the heart of West Hollywood, offering excellent access to local amenities, entertainment, and lifestyle.
Extensive Building Amenities: Residents benefit from a comprehensive suite of amenities including a pool, gym, sauna, and recreation room, enhancing lifestyle and value.
Inclusive HOA Dues: The HOA dues cover major utilities such as gas, electricity, water, and trash, simplifying budgeting for residents.
Valuable Parking: Includes two covered side-by-side parking spaces, a significant advantage in a dense urban area like West Hollywood.
Bright Top-Floor Unit with Balcony: A naturally bright, west-facing top-floor condo with an open-plan living area and a charming private balcony, offering ample natural light and outdoor space.

Cons

High Monthly HOA Dues: Despite inclusions, the monthly HOA fee of $761.37 is substantial for a 1-bedroom unit, potentially impacting affordability and long-term costs.
Lack of Mentioned Cooling System: The property description does not specify the presence of a cooling system (e.g., air conditioning), which could be a significant drawback in West Hollywood's climate, especially for a top-floor unit.
Price Reduction History: The property has undergone a price reduction from its original list price of $580,000 to $550,000, which may indicate initial overpricing or challenges in attracting buyer interest.

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