
Los Angeles, California 90005
This Townhouse-Style Condominium is a Strong Value Opportunity, listed at $565,000—positioned well below the $594,482 Fair Market Value by 4%. This valuation gap offers $29,482 in Instant Equity. The property maintains a Good Condition Rating, featuring recent 2025 upgrades and a private, end-unit layout with no shared side walls. Located near the Wilshire/Vermont Metro, it offers a quiet residential lifestyle with urban convenience. This is an ideal acquisition for Owner-Occupants seeking a turnkey home or first-time buyers prioritizing location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2864 Sunset Place 201 Subject 2 bd · 3 ba · 1,100 sqft · $514 | $549,000* List Price | 2 | 3 | 1,100 | $514 | - |
A 625 S Berendo Street 209 Sold 2 bd · 2 ba · 1,210 sqft · $495 · 0.5 mi | $599,000 | 2 | 2 | 1,210 | $495 | 0.5 mi |
B 2864 Sunset Place 407 Active 1 bd · 2 ba · 820 sqft · $500 · 0.0 mi | $410,000 List Price | 1 | 2 | 820 | $500 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006 (19 years old), the property is well-maintained and move-in ready. It features significant recent updates including a 2025 tankless water heater and laundry, fresh paint, and updated flooring. While the kitchen cabinetry appears original to the build, the systems and overall condition meet the 'Good' criteria for its age group.
This unique end-unit features no shared side walls and no neighbors below, offering a rare townhouse-style layout that provides the quiet and privacy typically found in a single-family home.
The property is move-in ready with significant 2025 improvements, including a tankless water heater, new appliances, and fresh paint, plus the added financial benefit of a fully paid-off special assessment for major building renovations.
Perfectly situated near the heart of Koreatown with easy access to DTLA, USC, and the Wilshire/Vermont Metro, offering high walkability to dining and transit while maintaining a quiet residential feel.
The unit includes gated tandem parking, which can be less convenient for multi-vehicle households compared to side-by-side parking spaces.
At 1,100 square feet split across two levels, the interior space may feel somewhat constrained for buyers prioritizing large, open-concept living areas.
No shared side walls. No neighbors below. This unique end-unit, townhouse-style layout offers the comfort and privacy of a single-family home. Live on one level. Sleep on another. The main level features an open kitchen flowing into the living and dining areas, a large balcony with treetop views, natural light from two exposures, and a half bath. Upstairs, the primary suite opens through oversized sliding doors onto a private balcony and features a dual-vanity bath with separate shower and walk-in closet. A second bedroom, full bath, and in-unit laundry complete the upper level. Move-in ready with water-resistant wood and tile flooring throughout-no carpet. Improvements include a 2025 tankless water heater and washer/dryer, fresh interior paint, and central A/C and heat with independent climate control on each floor. Gated tandem parking included; EV charging permitted with Board approval. Conveniently located near the heart of Korea-town, with easy access to DTLA and USC. Walk to the Wilshire/Vermont Metro, dining, nightlife, and medical facilities, while enjoying the quiet of a residential block.Major building improvements-including roof sealing, garage doors, elevators, and exterior work-are complete, with the special assessment paid in full by the seller.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,100 | 1,252.996 |
| Lot Size | 6,832 | 26,029.603 |
| Price | $549.0K | $778.5K |
| Price per sq ft | $499 | $629 |
| Built year | 2006 | 1981 |
| HOA | $510.4 | $676 |
| Days on market | 46 | 74 |
Nov 7, 2026
$549,000
$565,000
-3% Price Drop
Initial Listing
Sep 24, 2026
$565,000
Initial Listing
Feb 28, 2017
$455,000
Public Record
Sep 8, 2011
$265,000
Public Record
Aug 24, 2009
$256,000
Public Record
Feb 23, 2007
$655,000
Public Record