1516 Hi Point, Los Angeles, California 90035, Los Angeles, 90035 - 2 bed, 2 bath
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Los Angeles, California 90035
This 2-bedroom, 2-bath condominium is a Strong Value Opportunity, listed at $648,000—positioned well above the $630,736 Fair Market Value by -2%. While the property is in Fair Condition Rating (34 years old with original cabinetry), it offers immediate move-in readiness with fresh paint and new appliances. Located in a prime Mid-Wilshire area near The Grove, it provides secure, gated parking for two vehicles. This residence is an ideal acquisition for first-time buyers or owner-occupants seeking a well-located, manageable home with potential for future cosmetic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1516 Hi Point Subject | $648,000* List Price | 2 | 2 | 964 | $654 | - |
A 8636 W Olympic Blvd Sold | $747,500 | 2 | 3 | 1,253 | $597 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990 (34 years old), the property is well-maintained but dated. While it features new paint and a new refrigerator, the kitchen and bathrooms retain original oak cabinetry, fluorescent light boxes, and tiled countertops that are over 30 years old and require modernization.
Situated in a highly desirable Mid-Wilshire neighborhood near The Grove and major shopping hubs, offering excellent lifestyle convenience and strong resale potential.
The unit features recent updates including fresh paint and a brand-new stainless steel refrigerator, complemented by the high-demand convenience of an in-unit washer and dryer.
Includes two assigned spaces in a gated parking area, providing significant value and security in a high-density Los Angeles market where parking is often limited.
With only 964 square feet for a two-bedroom, two-bathroom configuration, the interior layout may feel restrictive for buyers seeking more spacious living or dining areas.
The property is noted as having no views, which may be a disadvantage for buyers prioritizing natural vistas or city outlooks common in other local condominiums.
Welcome to this charming 2-bedroom, 2-bath condo in a prime Los Angeles location. Recently refreshed with new paint, this move-in ready residence features a brand-new stainless steel refrigerator and includes an in-unit washer and dryer for added convenience. Enjoy the security of gated parking with two assigned spaces. Offered for the first time in 25 years, this well-cared-for home is just moments from top dining, banking, and shopping destinations, including The Grove
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 964 | 1,364 | 18% |
| Lot Size | 8,843 | 12,343 | 41% |
| Price | $648.0K | $869.0K | 18% |
| Price per sq ft | $672 | $672 | 50% |
| Built year | 1990 | 1987 | 53% |
| HOA | $400.0 | $461 | 35% |
| Days on market | 0 | 142 | 6% |
May 9, 2026
$648,000
Initial Listing
Aug 5, 2015
$495,000
Public Record
Sep 30, 2003
$130,000
Public Record