1425 N Detroit Street 405, Los Angeles, California 90046, Los Angeles, 90046 - 2 bed, 2 bath

1425 N Detroit Street 405, Los Angeles, California 90046 home-pic-0
ACTIVE$695,000$1,220/sqft
1425 N Detroit Street 405, Los Angeles, California 90046
2Beds
2Baths
1,220Sqft
13,503Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Penthouse Living & Design: This top-floor, 2-level penthouse boasts soaring ceilings, oversized windows, and an open-concept layout, providing abundant natural light and distinct areas for living, entertaining, and working from home.
Top Cons:
High Association Fees: The monthly association fee of $864.0 is substantial and adds a significant recurring cost to homeownership, which could impact affordability for some buyers.

Compared to the nearby listings

Price:$695.0K vs avg $695.0K (+$0)50%
Size:1,220 sqft vs avg 1,148 sqft55%
Price/sqft:$570 vs avg $65522%

More Insights

Built in 1989 (37 years old).
Condition: Built in 1989, the building underwent a full renovation in 2008 (16 years ago). The unit itself benefits from recent significant upgrades including new HVAC, a new dishwasher, and a new fridge. The kitchen features sleek stainless steel appliances, dark wood cabinetry, and a modern tile backsplash. Bathrooms are updated with contemporary vanities, vessel sinks, and modern fixtures. Flooring consists of well-maintained hardwood in living areas and clean carpets in bedrooms. The property presents as move-in ready with a modern design and well-maintained systems, aligning with the 'Good' condition criteria.
Year Built
1989
Close
-
List price
$695K
Original List price
$750K
Price/Sqft
$570
HOA
$864
Days on market
-
Sold On
-
MLS number
25590245
Home ConditionGood
Features
Deck
View-

About this home

Experience elevated living in your top-floor 2 level penthouse condo, offering the desired blend of space, light, and modern design. Soaring ceilings and oversized windows flood the open-concept living space with natural light and a large patio balcony, while 2 levels provide distinct areas for relaxing, entertaining, and working from home.The sleek galley kitchen features stainless steel appliances, including new dishwasher and fridge, ample cabinetry, convenient stackable laundry and a versatile flex-space counter ideal for folding laundry or easy serving for entertaining. The dedicated private lower level primary suite, with a walk-in closet, en-suite bathroom, and sliding door access to an expansive private balcony creating a true retreat within the home.The guest bedroom with sliding doors connects directly to the main level patio balcony and the full guest bathroom with tub/shower provides convenience for guests. Highlights include new HVAC and only 1 shared wall for enhanced privacy, 2 generously sized side-by-side parking spaces and private inside and garage storage.The building underwent a full renovation in 2008 and offers a secure, new video call system, modernized fire alarm, newer siliconed resurfaced roof, a modern lobby, and wide, welcoming hallways all contributing to a quiet, well-maintained, and professionally managed community.This penthouse delivers on value, privacy, sophistication, and is located close to shopping, grocery, and restaurants. Welcome to your next level.

I
Ian Rhodes
Listing Agent

Price History

Date
Event
Price
06/09/17
Sold
$680,000
Condition Rating
Good

Built in 1989, the building underwent a full renovation in 2008 (16 years ago). The unit itself benefits from recent significant upgrades including new HVAC, a new dishwasher, and a new fridge. The kitchen features sleek stainless steel appliances, dark wood cabinetry, and a modern tile backsplash. Bathrooms are updated with contemporary vanities, vessel sinks, and modern fixtures. Flooring consists of well-maintained hardwood in living areas and clean carpets in bedrooms. The property presents as move-in ready with a modern design and well-maintained systems, aligning with the 'Good' condition criteria.
Pros & Cons

Pros

Penthouse Living & Design: This top-floor, 2-level penthouse boasts soaring ceilings, oversized windows, and an open-concept layout, providing abundant natural light and distinct areas for living, entertaining, and working from home.
Recent Upgrades & Modern Amenities: The unit features a sleek galley kitchen with new stainless steel appliances (dishwasher, fridge), new HVAC, and the building itself underwent a full renovation in 2008, including modern security and fire systems.
Enhanced Privacy & Exclusivity: As a top-floor unit with only one shared wall, it offers superior privacy and a quiet living environment within a professionally managed community.
Convenient Parking & Storage: The property includes two generously sized side-by-side parking spaces and private inside and garage storage, a significant advantage in a dense urban area like Los Angeles.
Prime Location: Strategically located close to shopping, grocery stores, and restaurants, offering excellent walkability and convenient access to essential amenities and entertainment in Los Angeles.

Cons

High Association Fees: The monthly association fee of $864.0 is substantial and adds a significant recurring cost to homeownership, which could impact affordability for some buyers.
Price Reduction History: The property has undergone multiple price reductions from its original listing price, potentially indicating initial overpricing or challenges in attracting buyer interest at higher price points.
Lack of Defined Scenic View: Despite being a top-floor penthouse with balconies, the property description and data do not specify a desirable scenic view (e.g., city skyline, mountains, ocean), which might be a missed expectation for some penthouse buyers.
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