228 S Avenue 18, Los Angeles, California 90031, Los Angeles, 90031 - 4 bed, 3 bath
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Los Angeles, California 90031
This 4-bedroom condominium represents a Strong Value Opportunity, listed at $699,800—positioned well below the $667,719 Fair Market Value by -4%. While the property is priced slightly above market, its Condition Rating of 3 reflects a recent, move-in-ready remodel with new flooring and paint. Located just five minutes from downtown Los Angeles with immediate freeway access, this unit offers high functional utility for professionals. It is an ideal acquisition for Owner-Occupants seeking urban convenience or first-time buyers prioritizing a turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 228 S Avenue 18 Subject | $648,800* List Price | 4 | 3 | 1,447 | $454 | - |
A 360 W Avenue 26 419 Active | $579,950 List Price | 3 | 2 | 1,350 | $430 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1993, the property has undergone a recent surface-level renovation including new luxury vinyl plank flooring and fresh paint throughout. While the kitchen and bathrooms are clean and functional (move-in ready), they retain dated 1990s-style tile countertops and original cabinetry, which prevents an 'Excellent' rating despite the 'newly remodeled' description.
Situated just five minutes from Downtown Los Angeles and one minute from the 5 Freeway, this property offers exceptional accessibility and convenience for urban professionals.
The condo features a comprehensive recent remodel with contemporary finishes and sunlit living spaces, providing a move-in-ready experience in a 1993 build.
With four generous bedrooms and three bathrooms, this unit offers rare versatility for large families or multi-room home office setups, which is uncommon for local condominiums.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1447, other record living area = 1394.
The property is served by schools with lower performance ratings, such as Hillside Elementary (Rating: 2), which may impact long-term appreciation and appeal to families.
The listing explicitly notes no views, which may be a disadvantage for buyers seeking the aesthetic appeal often found in the elevated areas of Lincoln Heights.
Discover this stunning, newly remodeled 4-bedrooms condo just 5 minutes from downtown Los Angeles, offering the perfect blend of modern comfort and unbeatable convenience. Impeccably clean and move-in ready, it features spacious, sunlit living areas, contemporary finishes, and four generous bedrooms ideal for families or remote work. Located within walking distance to numerous restaurants and supermarkets, and just one minute from Fwy 5, this residence provides effortless access to all parts of Los Angeles and beyond. Whether you're seeking a stylish urban retreat or a convenient base for city living, this condo delivers both with its prime location and high-quality updates. Don’t miss the opportunity to make this exceptional property your new home!
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades K-5 • 0.6 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.0 | 83% |
| Baths | 3.0 | 2.5 | 50% |
| Square foot | 1,447 | 1,036.5 | 83% |
| Lot Size | 20,012 | 53,961 | 33% |
| Price | $648.8K | $609.5K | 67% |
| Price per sq ft | $448 | $457 | 33% |
| Built year | 1993 | 2006 | 17% |
| HOA | $170.0 | $398 | 17% |
| Days on market | 33 | 132 | 17% |
Jun 13, 2026
$648,800
$668,800
-3% Price Drop
Initial Listing
May 31, 2026
$668,800
$679,800
-2% Price Drop
Initial Listing
May 18, 2026
$679,800
$699,800
-3% Price Drop
Initial Listing
May 13, 2026
$699,800
Initial Listing
Jul 22, 1994
$150,000
Public Record