1550 N Laurel Avenue 201, Los Angeles, California 90046, Los Angeles, 90046 - 2 bed, 2 bath

1550 N Laurel Avenue 201
Los Angeles, California 90046
Property Price
SUMMARY
Analysis of 1550 N Laurel Avenue 201, Los Angeles, California 90046 is currently available with a list price of $649,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This 1962 condo is in move-in ready condition with significant interior updates. It features consistent hardwood flooring, an updated kitchen with stainless steel appliances, and modern smart home integrations like a Nest thermostat and Ring doorbell. While the building is older, the unit's finishes, recessed lighting, and ensuite bathrooms indicate extensive renovations within the last 10-15 years, meeting the criteria for a well-maintained, updated property.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
- Prime Location
Situated just north of Sunset Boulevard in the prestigious Sunset Strip area, this property offers exceptional walkability to world-class dining, entertainment, and the popular hiking trails of Runyon Canyon.
- Optimized Privacy Layout
The floor plan features two spacious ensuite bedrooms thoughtfully positioned on opposite sides of the unit, providing maximum privacy for residents or guests.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $675 is relatively high for this price point, which may impact the overall monthly carrying costs for budget-conscious buyers.
- Shared Laundry Facilities
The lack of in-unit laundry hookups requires residents to use communal on-site facilities, which can be a significant convenience drawback in the modern luxury market.
About 1550 N Laurel Avenue 201
Welcome to this charming move-in ready condo, perfectly situated just north of Sunset Boulevard in a highly sought-after neighborhood. Inside, hardwood flooring extends throughout the open-concept layout, seamlessly connecting the spacious living room, formal dining room and well-equipped kitchen, which is outfitted with stainless steel appliances. Floor-to-ceiling windows flood the space with natural light, while a sliding glass door opens to the large private balcony, creating an effortless indoor-outdoor flow. Two generously sized ensuite bedrooms are thoughtfully positioned on opposite sides of the unit for privacy, each boasting a large closet with built-ins. Additional features include a Ring doorbell, Nest thermostat, August smart lock and two side-by-side parking spots in the secured community garage. Located within a well-maintained community offering a sparkling pool and on-site laundry facilities, this residence places you moments away from boutique shops, gourmet restaurants and lively entertainment options, as well as the scenic trails of Runyon Canyon.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1962
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $675.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Gardner Street Elementary School
Grades K-6 • 0.7 mi
Wonderland Avenue Elementary School
Grades K-5 • 1.4 mi
West Hollywood Elementary School
Grades K-5 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,103 | 1,179 | 43% |
| Lot Size | - | 20,117.5 | 7% |
| Price | $649.0K | $762.5K | 39% |
| Price per sq ft | $588 | $645 | 35% |
| Built year | 1962 | 1969 | 28% |
| HOA | $675.0 | $629 | 59% |
| Days on market | 7 | 188 | 2% |
Pricing History
Listed for Sale
Feb 27, 2026
$649,000
Initial Listing
Sold
Nov 24, 1998
$156,000
Public Record
Sold
Apr 18, 1996
$125,000
Public Record

















