200 S Reno, Los Angeles, California 90057, Los Angeles, 90057 - 2 bed, 2 bath
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200 S Reno
Los Angeles, California 90057
PENDING
CONDITION: FAIR
2Beds
2Baths
1,089Sq Ft
24,231Lot Size
Property Price
LIST PRICE$475,000
EST. MARKET VALUE
$478,260
SUMMARY
This Koreatown Condominium represents a Strong Value Opportunity, listed at $475,000—positioned well below the $478,261 Fair Market Value by 0.68%. With a Condition Rating of 4, the unit is move-in ready but offers significant potential for cosmetic modernization. Featuring a private patio, two-car gated garage, and a stable, owner-occupied community, this property balances urban convenience with long-term asset security. It is an ideal acquisition for first-time buyers seeking a central location or Buy-and-Hold Investors targeting the high-demand Los Angeles rental market.
Estimated Market Value
$478,260
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 |
|---|---|---|---|---|---|---|
★ 200 S Reno Subject 2 bd · 2 ba · 1,089 sqft · $439 | $475,000* List Price | 2 | 2 | 1,089 | $439 | - |
A 525 La Fayette Park Place 115 Active 2 bd · 2 ba · 930 sqft · $483 · 0.4 mi | $449,000 List Price | 2 | 2 | 930 | $483 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1984 (40 years old), the property is well-maintained but dated. While it features some recent cosmetic improvements like new laminate flooring and a newer stove, the kitchen cabinets and popcorn ceilings reflect the original age. It is move-in ready but requires minor updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Central Location
Situated in Koreatown near Downtown LA, the property offers exceptional access to major freeways, public transit, and a vibrant array of dining and entertainment options.
- Secure Parking
The inclusion of two-car gated garage parking with remote access is a premium feature for this high-density urban area, providing significant convenience and security.
- Community Stability
A high percentage of owner-occupied units and a well-maintained, lush courtyard indicate a stable, quiet, and pride-of-ownership community environment.
CONSRISKS & DEFICIENCIES
- Shared Laundry Facilities
The property features on-site laundry rather than in-unit hookups, which may be less convenient for buyers seeking modern condominium standards.
- Potential for Modernization
Built in 1984 with no mention of recent interior upgrades, the unit may require additional capital investment to modernize finishes and fixtures to current market trends.
About 200 S Reno
Welcome to this inviting first-floor Koreatown condo, ideally located minutes from Downtown LA in a quiet, well-maintained community with a high percentage of owner-occupied units. Enjoy a spacious floor plan, elevator access, on-site laundry, and two-car gated garage parking with remote access. A large, beautifully maintained courtyard filled with lush greenery adds a peaceful touch to city living. Conveniently located near shopping, dining, entertainment, public transportation, and major freeways. Comfort, convenience, and an excellent central LA location—all in one!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1984
- Lot Size
- 24,231 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $350.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Lafayette Park Primary Center
Grades K • 0.2 mi
0/10
Commonwealth Avenue Elementary School
Grades K-5 • 0.5 mi
5/10
Dr. Sammy Lee Medical And Health Science Magnet Elementary
Grades K-5 • 0.5 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,089 | 1,252.996 |
| Lot Size | 24,231 | 26,029.603 |
| Price | $475.0K | $778.5K |
| Price per sq ft | $436 | $629 |
| Built year | 1984 | 1981 |
| HOA | $350.0 | $676 |
| Days on market | 58 | 74 |
Pricing History
Listed for Sale
Sep 12, 2026
$475,000
Initial Listing