215 W 7th Street 1207, Los Angeles, California 90014, Los Angeles, 90014 - 1 bed, 1 bath
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215 W 7th Street 1207
Los Angeles, California 90014
ACTIVE
CONDITION: FAIR
1Beds
1Baths
660Sq Ft
660Lot Size
Property Price
LIST PRICE$430,000
EST. MARKET VALUE
$407,310
5% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $430,000—positioned well above the $407,311 Fair Market Value by -5%. While the unit features a Condition Rating of 4 with modern concrete floors and stainless steel appliances, the mandatory bulk purchase of 4 units limits the buyer pool to portfolio-focused entities. Located in the Historic Core, this asset offers panoramic city lights views. This is a specialized acquisition ideal for Buy-and-Hold Investors or Portfolio Managers seeking urban density.
Estimated Market Value
$407,310
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 |
|---|---|---|---|---|---|---|
★ 215 W 7th Street 1207 Subject 1 bd · 1 ba · 660 sqft · $617 | $430,000* List Price | 1 | 1 | 660 | $617 | - |
A 315 E 8th Street 505 Active Under Contract 1 bd · 1 ba · 670 sqft · $596 · 0.3 mi | $399,000 List Price | 1 | 1 | 670 | $596 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Located in a historic 1911 building with a condo conversion likely dating back approximately 20 years. While the unit features stainless steel appliances and durable concrete floors, the age of the renovation suggests dated kitchen/bath finishes and systems that may require minor updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Historic Location
Situated in the heart of the Historic Core, the property offers exceptional walkability to the Jewelry District, the LA Athletic Club, and the Orpheum Theatre, placing residents at the center of Downtown's cultural hub.
- Modern Industrial Aesthetic
The unit features desirable concrete floors and stainless steel appliances, providing a sleek, low-maintenance, and contemporary urban loft feel that appeals to modern city dwellers.
- Urban City Views
The property includes city light views, which enhance the overall ambiance and provide a vibrant, high-energy backdrop that is highly sought after in the Downtown Los Angeles market.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =660, other record lot size in square feet = 15922. Living area discrepancy between mls listing and other public or private record. mls listing living area = 660, other record living area = 750.
- Bulk Purchase Requirement
The listing requires a minimum purchase of four units, which significantly limits the buyer pool by excluding traditional single-unit homeowners and catering exclusively to portfolio investors.
- Compact Living Space
At 660 square feet, the unit is relatively small for a one-bedroom condo, which may be a drawback for residents seeking more spacious living areas or additional storage.
About 215 W 7th Street 1207
Condo unit for sale in the heart of the Historic Core located near the Downtown's Jewelry District, the LA Athletic Club, and the Orpheum Theatre with concrete floors and stainless steel appliances. PLEASE NOTE: BUYER MUST PURCHASE A MINIMUM OF 4 UNITS. UNITS 301, 310, 409, 411 AND 911 ARE AVAILABLE.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1911
- Lot Size
- 660 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 660 | 1,252.996 |
| Lot Size | 660 | 26,029.603 |
| Price | $430.0K | $778.5K |
| Price per sq ft | $652 | $629 |
| Built year | 1911 | 1981 |
| HOA | $0 | $676 |
| Days on market | 5 | 74 |
Pricing History
Listed for Sale
Nov 4, 2026
$430,000
Initial Listing
Sold
Aug 12, 2011
$130,500
Public Record