1425 W 12th Street 157, Los Angeles, California 90015, Los Angeles, 90015 - 2 bed, 1 bath
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Los Angeles, California 90015
This 2-bedroom condo presents a Strong Value Opportunity, listed at $420,000—positioned well below the $453,598 Fair Market Value by 7%. This valuation gap offers $33,598 in Instant Equity for the next owner. Featuring a remodeled granite kitchen and a Condition Rating of 4, the unit serves as a blank canvas for personalization. With gated tandem parking, a pool, and Jacuzzi, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a prime DTLA location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1425 W 12th Street 157 Subject | $420,000* List Price | 2 | 1 | 859 | $496 | - |
A 1118 Valencia Sold | $294,366 | 1 | 1 | 650 | $453 | 0.1 mi |
B 901 S Flower Street 704 Sold | $465,000 | 0 | 1 | 751 | $619 | 0.6 mi |
C 1111 S Grand Avenue 605 Sold | $469,000 | 1 | 1 | 1,100 | $426 | 0.7 mi |
D 1118 Valencia Street 310 Active | $450,000 List Price | 1 | 1 | 926 | $486 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1983, this 41-year-old condo is described as a 'blank canvas,' suggesting it is dated and ready for further transformation. While it features a remodeled kitchen with granite countertops and has been newly painted, the overall age and the agent's description indicate it needs minor repairs or modern updates to be fully revitalized.
Situated near LA Live and the Crypto.com Arena, this property offers exceptional access to world-class entertainment, dining, and major transit hubs.
The remodeled kitchen features granite countertops and essential in-unit washer/dryer hookups, providing modern convenience often missing in similar price points.
The unit includes gated tandem parking for two vehicles and access to community amenities like a pool and Jacuzzi, adding significant value in a dense urban setting.
At $610 per month, the association fees are relatively high, which may impact the overall affordability and debt-to-income ratio for potential buyers.
Despite having two bedrooms, the unit only features one bathroom, which may be a limiting factor for families or those looking for a roommate-friendly layout.
Prime location! Centrally located near the heart of Downtown LA, this 2bed, 1bath condo offers a blank canvas for the next owner to transform into a dream home. The unit has been newly painted, providing a fresh and inviting interior throughout.Enjoy a large open floor plan with a spacious living room and a separate dining area adjacent to the kitchen. A sliding door from the living room opens to a private outdoor patio with additional storage space.The remodeled kitchen features granite countertops, ample cabinet space, a breakfast counter, and convenient washer/dryer hookups. The primary bedroom includes an oversized walk in closet, offering excellent storage.Additional features include gated tandem parking for two cars. Vista Montoya is a gated community with amenities such as a sparkling pool, Jacuzzi, and BBQ area. Located near LA Live, the Crypto.com Arena, the LA Convention Center, and a variety of dining and entertainment options. Easy access to freeways and public transportation makes commuting convenient.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 859 | 1,243 |
| Lot Size | 147,380 | 24,016 |
| Price | $420.0K | $805.6K |
| Price per sq ft | $489 | $659 |
| Built year | 1983 | 1981 |
| HOA | $610.0 | $684 |
| Days on market | 42 | 71 |
Jun 10, 2026
$420,000
Initial Listing
Apr 29, 2011
$179,000
Public Record
Oct 14, 2005
$350,000
Public Record