2864 Sunset Place 205, Los Angeles, California 90005, Los Angeles, 90005 - 2 bed, 3 bath
ACTIVE$570,000$1,000/sqft
2864 Sunset Place 205, Los Angeles, California 90005
2Beds
3Baths
1,000Sqft
6,832Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Koreatown Location: Situated in a desirable Los Angeles community (Koreatown), offering convenient access to local dining, shopping, and amenities, providing an excellent urban living experience.
Top Cons:
Significant Monthly HOA Fees: The $464.0 monthly association fee is a substantial recurring cost that buyers must factor into their budget, impacting overall affordability.
Compared to the nearby listings
Price:$570.0K vs avg $695.0K ($-125,000)29%
Size:1,000 sqft vs avg 1,272 sqft29%
Price/sqft:$570 vs avg $53964%
More Insights
Built in 2006 (20 years old).
Condition: Built in 2006, this condo is 18 years old, fitting the 'Good' category's age range. The property appears move-in ready with no immediate renovations required. The kitchen features stainless steel appliances, granite countertops, and wood cabinets that are well-maintained. Bathrooms have modern vanities and tiled showers. Flooring consists of laminate in living areas, clean carpet in bedrooms, and tile in bathrooms, all showing minimal wear and tear. Major systems, including in-unit laundry and visible HVAC, appear functional and within expected lifespan.
Year Built
2006
Close
-
List price
$570K
Original List price
$599K
Price/Sqft
$570
HOA
$464
Days on market
-
Sold On
-
MLS number
IG26002056
Home ConditionGood
Features
Deck
ViewNeighborhood
About this home
Welcome to this charming and comfortable residence nestled in a desirable Los Angeles community. This inviting 2 level condo offers a light and airy living space designed for both relaxing and entertaining on the first level wit kitchen, living room and half bath with a thoughtful layout that creates a natural flow throughout the home. Enjoy the bedrooms upstairs providing great privacy away. You will he convenience of an in-unit washer and dryer, adding everyday ease and comfort to your lifestyle. Ideally located near local dining, shopping, and everyday amenities, this home provides the perfect balance of comfort and city living. Built in 2006 this condo is modern and in prime location! Whether you’re unwinding at the end of the day or heading out to explore all that Los Angeles has to offer, this residence is a wonderful place to call home.
C
CESAR DIAZ
Listing Agent
Price History
Date
Event
Price
08/13/21
Sold
$628,000
03/08/07
Sold
$535,000
Condition Rating
Good
Built in 2006, this condo is 18 years old, fitting the 'Good' category's age range. The property appears move-in ready with no immediate renovations required. The kitchen features stainless steel appliances, granite countertops, and wood cabinets that are well-maintained. Bathrooms have modern vanities and tiled showers. Flooring consists of laminate in living areas, clean carpet in bedrooms, and tile in bathrooms, all showing minimal wear and tear. Major systems, including in-unit laundry and visible HVAC, appear functional and within expected lifespan.
Pros & Cons
Pros
Prime Koreatown Location: Situated in a desirable Los Angeles community (Koreatown), offering convenient access to local dining, shopping, and amenities, providing an excellent urban living experience.
Modern Construction (2006): Built in 2006, this condo offers relatively modern construction and design, which often translates to fewer immediate maintenance concerns compared to older properties.
Two-Level Layout for Privacy: The 2-level floor plan effectively separates the main living areas from the upstairs bedrooms, providing enhanced privacy and a functional, natural flow throughout the home.
In-Unit Laundry Convenience: Includes the highly sought-after amenity of an in-unit washer and dryer, adding significant everyday ease and comfort to the lifestyle.
Light & Airy Living Space: Features a 'light and airy living space' with a 'thoughtful layout' designed for both relaxing and entertaining, enhancing the overall appeal and comfort of the home.
Cons
Significant Monthly HOA Fees: The $464.0 monthly association fee is a substantial recurring cost that buyers must factor into their budget, impacting overall affordability.
Recent Price Reduction: A recent price drop from $599,000 to $570,000 may suggest initial overpricing or a longer time on the market, potentially influencing buyer perception and negotiation strategy.
Current Price Below Previous Sale: The current list price of $570,000 is notably lower than its last sale price of $628,000 in August 2021, which could raise questions about property value appreciation or current market conditions.