1425 W 12 Street 143, Los Angeles, California 90015, Los Angeles, 90015 - 3 bed, 2 bath

1425 W 12 Street 143, Los Angeles, California 90015 home-pic-0
ACTIVE$559,000
1425 W 12 Street 143, Los Angeles, California 90015
3Beds
2Baths
1,030Sqft
147,232.797Lot
Year Built
1983
Close
-
List price
$559K
Original List price
$575K
Price/Sqft
$543
HOA
$531
Days on market
-
Sold On
-
MLS number
DW25013650
Home ConditionGood
Features
Pool
Spa
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $559.0K(50th), sqft - 1030(50th), beds - 3(92th), baths - 2(56th).

Seller is very motivated to sell! Price recently dropped and now $565K for you! This beautiful 3 BEDROOM 2 BATHROOM condo is walking distance to the LA convention center, LA live, the Crypto.com arena and just a few blocks from the 110 and I-10 freeway. It comes complete with upgraded CENTRAL A/C and HEATING, an in unit WASHER and DRYER, a Google Nest thermostat, and Smart Wifi enabled lighting. The spacious master bedroom has a large walk in closet, the bathrooms have been remodeled and the windows and doors have all been updated. It has been NEWLY PAINTED and is ready to move in. There are TWO assigned PARKING SPOTS in a secured garage. It is on the First floor and has a huge PRIVATE PATIO in the back. The complex offers a relaxing, jacuzzi, BBQ grill and outdoor community POOL. There is also an onsite site security guard from 5pm to 7am with video surveillance cameras. There is a gated entrance and two assigned parking spaces in the basement. A THREE BEDROOM and TWO BATHROOM condo with these amenities, in this prime location and with this price is a rare find!

Price History

Date
Event
Price
03/02/23
Sold
$530,000
05/03/17
Sold
$441,000
04/10/06
Sold
$380,000
09/09/97
Sold
$65,000
Condition Rating
Good

Despite being built in 1983, this property has undergone extensive and recent renovations, bringing it to a 'move-in ready' condition. The kitchen features modern white shaker cabinets, stainless steel appliances, and subway tile backsplash. Both bathrooms have been remodeled with contemporary vanities, fixtures, and tiling. The unit also boasts upgraded central A/C and heating, updated windows and doors, new paint, and smart home features like a Google Nest thermostat and smart lighting. While not brand new construction, the significant updates align perfectly with the 'Good' criteria of being extensively renovated within the last 5-15 years, with well-maintained systems and minimal wear and tear.
Pros & Cons

Pros

Prime Location & Walkability: The condo boasts an excellent urban location, walking distance to major attractions like the LA Convention Center, LA Live, and the Crypto.com Arena.
Extensive Upgrades & Turnkey Condition: The unit features upgraded central A/C and heating, in-unit washer/dryer, smart home technology (Nest thermostat, smart lighting), remodeled bathrooms, updated windows/doors, and fresh paint, making it move-in ready.
Valuable Parking & Enhanced Security: Includes two assigned parking spots in a secured garage, complemented by a gated entrance and onsite security guard with video surveillance for peace of mind.
Private Outdoor Space & Community Amenities: Offers a huge private patio, a significant advantage for a condo, along with access to desirable complex amenities such as a pool, jacuzzi, and BBQ grill.
Excellent Freeway Access: Conveniently located just blocks from the 110 and I-10 freeways, providing easy access for commuters.

Cons

High Association Fees: The monthly association fee of $531 is substantial and adds significantly to the overall cost of ownership, potentially impacting affordability for some buyers.
First Floor Location: Being on the first floor may present drawbacks such as reduced privacy, increased potential for street noise, and potentially less natural light compared to higher units.
Recent Price Reduction & Motivated Seller: The recent price drop and explicit mention of a 'motivated seller' could suggest market resistance or that the initial pricing was too high, potentially raising buyer concerns about market value or future appreciation.

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