2864 Sunset Place 205, Los Angeles, California 90005, Los Angeles, 90005 - 2 bed, 3 bath
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Los Angeles, California 90005
This Modern Two-Level Condominium represents a Strong Value Opportunity, listed at a List Price of $549,000—positioned well below the $543,884 Fair Market Value (Note: Market adjustment reflects current pricing strategy). Featuring a Good Condition Rating, this 2006-built unit offers a functional layout with stainless steel appliances and granite countertops. Its prime Koreatown location provides exceptional walkability to dining and transit. This property balances urban lifestyle benefits with long-term stability, making it an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a move-in ready asset in a high-demand district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2864 Sunset Place 205 Subject | $549,000* List Price | 2 | 3 | 1,000 | $544 | - |
A 631 S Kenmore 406 Sold | $590,000 | 2 | 2 | 1,199 | $492 | 0.6 mi |
B 625 S Berendo Street 209 Sold | $599,000 | 2 | 2 | 1,210 | $495 | 0.5 mi |
C 625 S Berendo Street 203 Sold | $650,000 | 2 | 2 | 1,210 | $537 | 0.5 mi |
D 625 S Berendo Street 308 Sold | $680,000 | 2 | 2 | 1,200 | $567 | 0.5 mi |
E 2864 Sunset Place 201 Active | $598,888 List Price | 2 | 3 | 1,100 | $544 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this 18-year-old property fits the 10-20 year age bracket for 'Good' condition. The kitchen and bathrooms appear to be original but functional with stainless steel appliances and granite countertops. The unit is move-in ready with updated laminate flooring, though some minor cosmetic wear is visible on the carpets and walls.
Built in 2006, the two-story floor plan effectively separates the social living areas from the private bedrooms, offering a house-like feel and enhanced privacy rare in standard urban condos.
Currently listed at $549,000, the property is priced significantly below its 2021 sale price of $628,000, representing a potential equity opportunity for buyers in a high-demand market.
Situated in a highly desirable area, the property offers exceptional walkability and proximity to world-class dining, shopping, and essential city services.
With 1,000 square feet distributed over two levels and including three bathrooms, the individual living and bedroom areas may feel somewhat constrained for some buyers.
The monthly association fee of $464 is a significant recurring cost that impacts overall monthly affordability and may be considered high for a unit of this size.
Welcome to this modern two-level condo in a desirable Los Angeles community! The bright and airy main level features a spacious living room, kitchen and half bath, perfect for everyday living and entertaining. Upstairs offers comfortable 2 bedrooms with 2 full bathrooms and added privacy. Enjoy the added convenience of an in-unit washer and dryer, making daily routine a breeze. Built in 2006, this modern home blends conform and style, all in a prime location close to shopping, dining and everyday essentials. Experience the best of city living in a space that truly feels like home.
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 | 1,000 | 1,243 |
| Lot Size | 6,832 | 24,016 |
| Price | $549.0K | $805.6K |
| Price per sq ft | $549 | $659 |
| Built year | 2006 | 1981 |
| HOA | $464.0 | $684 |
| Days on market | 42 | 71 |
Jun 10, 2026
$549,000
Initial Listing
Aug 13, 2021
$628,000
Public Record
Mar 8, 2007
$535,000
Public Record