1615 N Laurel Avenue 203, Los Angeles, California 90046, Los Angeles, 90046 - 2 bed, 1 bath
1615 N Laurel Avenue 203
Los Angeles, California 90046
Property Price
SUMMARY
Analysis of 1615 N Laurel Avenue 203, Los Angeles, California 90046 is currently available with a list price of $669,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
The property, built in 1953, features well-maintained hardwood floors and a recently installed central air conditioning system, which are significant positives. However, the kitchen, while functional, has dated white appliances, basic cabinets, and older countertops and tile flooring. The bathroom is notably outdated with its green tiled vanity and tub surround, requiring a full cosmetic renovation to meet modern aesthetic standards. While the unit is clean and move-in ready, the kitchen and bathroom show clear signs of being outdated and would require substantial updates for most buyers.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Enviable location offering tranquility while being minutes away from Hollywood, Melrose Ave, West Hollywood, and The Grove's vibrant amenities.
- Exceptional Complex Ambiance
Features a beautiful Spanish-tiled entrance, lush garden settings, water features, and a sparkling swimming pool, creating a serene and character-rich environment.
- Top-Floor Unit with Quality Finishes
A bright and spacious top-floor unit boasting hardwood flooring throughout the living areas and bedrooms, enhancing its appeal.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly association fee of $579.28 is substantial and could be a significant ongoing cost for potential buyers.
- Building Age
Constructed in 1953, the property is older, which may lead to concerns about potential future maintenance or infrastructure updates, despite current upgrades.
- Compact Square Footage
At 911 sqft for a 2-bedroom unit, the living space might be considered compact by some buyers, potentially limiting flexibility for larger households or those desiring more expansive interiors.
About 1615 N Laurel Avenue 203
Opportunity knocks! You know you have arrived at a special property the moment you enter the Spanish tiled entrance into a beautiful garden setting with lush foliage, beautiful water features, sparkling swimming pool and plenty of seating areas in the garden to enjoy this special and serene setting! Properties in this beautiful building rarely come available until now! Even rarer is this top floor unit which features a bright and spacious living area with hardwood floors, nice size dining area also with hardwood flooring and is conveniently located adjacent to the bright and spacious kitchen that has plenty of cabinet and counter space! Both bedrooms with hardwood flooring are bright, spacious and have good closet space and the spacious full bathroom includes convenient tub and shower. This unit is also one of the few that has recently installed new central air conditioning ensuring a comfortable home during the warm Summer months! Also included is earthquake insurance ensuring peace of mind to protect your largest asset and convenient covered parking. With one of the most beautiful and character rich complexes in the area and an enviable location that is serene and peaceful yet just minutes to the best cafes, bars, restaurants and shopping districts of Hollywood, Melrose Ave, West Hollywood and the Grove on Fairfax Avenue, this is an opportunity not to be missed! Truly a home that one can enjoy an amazing lifestyle in one of the most iconic locations in Los Angeles!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1953
- Lot Size
- 30,565 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $579.28 / Month
Neighborhood Insights
Los Angeles Unified Schools
Gardner Street Elementary School
Grades K-6 • 0.7 mi
Hubert Howe Bancroft Middle School
Grades 6-8 • 1.8 mi
Fairfax Senior High School
Grades 9-12 • 1.2 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 | 1.0 | 2.0 | 35% |
| Square foot | 911 | 1,179 | 28% |
| Lot Size | 30,565 | 20,520.5 | 67% |
| Price | $669.0K | $762.5K | 39% |
| Price per sq ft | $734 | $648 | 76% |
| Built year | 1953 | 1969 | 13% |
| HOA | $579.28 | $621 | 39% |
| Days on market | 45 | 187 | 7% |
Pricing History
Listed for Sale
Jan 20, 2026
$669,000
Initial Listing
Sold
Mar 7, 2003
$305,000
Public Record
Sold
May 8, 1996
$140,000
Public Record