1540 Amherst Avenue Ph2, Los Angeles, California 90025, Los Angeles, 90025 - 3 bed, 3 bath
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1540 Amherst Avenue Ph2
Los Angeles, California 90025
ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,756Sq Ft
7,325Lot Size
Property Price
LIST PRICE$1,090,000
EST. MARKET VALUE
$1,110,268
SUMMARY
This Penthouse-Style Condominium is a Strong Value Opportunity, listed at $1,090,000—positioned well below the $1,110,268 Fair Market Value by 1.8%. This valuation gap offers $20,268 in Instant Equity. The property maintains a Good Condition Rating and features a private balcony with City Lights Views. Located near Top-Rated Schools like Overland Avenue Elementary, this residence offers a sophisticated lifestyle for Owner-Occupants or Long-Term Investors seeking a turnkey asset in a prime West LA location.
Estimated Market Value
$1,110,268
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1540 Amherst Avenue Ph2 Subject | $1,090,000* List Price | 3 | 3 | 1,756 | $632 | - |
A 11871 Iowa Avenue 102 Sold | $1,170,000 | 3 | 3 | 1,775 | $659 | 0.3 mi |
B 1246 Armacost 101 Sold | $1,004,000 | 3 | 3 | 1,570 | $639 | 0.5 mi |
C 1222 S Westgate Avenue 204 Sold | $890,000 | 2 | 3 | 1,629 | $546 | 0.6 mi |
D 1744 Granville Avenue 105 Sold | $1,099,000 | 3 | 3 | 1,420 | $774 | 0.4 mi |
E 1271 Granville Avenue 401 Sold | $1,101,500 | 2 | 3 | 1,684 | $654 | 0.5 mi |
F 12217 Rochester Avenue 1 Sold | $1,190,000 | 3 | 3 | 1,663 | $716 | 0.3 mi |
G 11535 Rochester Avenue 308 Sold | $865,000 | 2 | 3 | 1,443 | $599 | 0.7 mi |
H 1409 Armacost Avenue Ph2 Active | $1,095,000 List Price | 3 | 3 | 1,536 | $713 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2007 (17 years old), this property fits the 10-20 year age bracket for 'Good' condition. The interior is well-maintained and move-in ready, featuring functional central HVAC, contemporary hardwood flooring, and clean, modern bathrooms that do not require immediate updates.
PROSSTRENGTHS & OPPORTUNITIES
- Penthouse Privacy and Layout
As a penthouse-style unit in a low-density 8-unit building with only two residences per floor, this property offers exceptional privacy and a spacious 3-bedroom, 3-bathroom floor plan that is rare for the area.
- Prime West LA Location
Ideally situated near UCLA, major freeways, and popular dining and shopping hubs, this location provides high convenience and strong long-term value for both owner-occupants and investors.
- Modern Interior Features
Built in 2007, the residence boasts contemporary essentials including high ceilings, central A/C and heating, in-unit laundry, and expansive windows that provide abundant natural light and city light views.
CONSRISKS & DEFICIENCIES
- Tandem Parking
The unit includes two tandem parking spaces, which can be a daily inconvenience for multi-driver households compared to side-by-side parking configurations.
- High Monthly HOA Fees
The association fee of $690 per month is relatively high for a smaller building, which increases the total monthly carrying cost for potential buyers.
About 1540 Amherst Avenue Ph2
Stunning penthouse-style condo in a desirable West Los Angeles location. This spacious 3-bedroom, 3-bathroom residence features an open and inviting floor plan, high ceilings, abundant natural light, and a private balcony. The well-designed layout offers comfortable living spaces with excellent privacy. The unit includes in-unit laundry, central A/C and heating, and 2 tandem parking spaces. Located in a well-maintained 8-unit building with only 2 units per floor. Conveniently located near shopping, dining, entertainment, UCLA, and major freeways. A wonderful opportunity to enjoy comfortable living in one of West LA's sought-after neighborhoods.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2007
- Lot Size
- 7,325 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $690.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Brockton Avenue Elementary School
Grades K-5 • 0.4 mi
5/10
Nora Sterry Elementary School
Grades K-5 • 0.9 mi
7/10
McKinley Elementary School
Grades PK-5 • 0.9 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,756 | 1,219.385 |
| Lot Size | 7,325 | 27,236.074 |
| Price | $1.09M | $800.2K |
| Price per sq ft | $621 | $650 |
| Built year | 2007 | 1979 |
| HOA | $690.0 | $685 |
| Days on market | 14 | 72 |
Pricing History
Listed for Sale
Aug 26, 2026
$1,090,000
Initial Listing
Sold
Aug 25, 2023
$1,275,000
Public Record
Sold
Mar 6, 2019
$1,190,000
Public Record
Sold
Oct 5, 2016
$949,000
Public Record
Sold
Nov 6, 2007
$865,000
Public Record