
Los Angeles, California 90005
This Move-In Ready Condominium is a High-Potential Investment Opportunity, listed at $410,000—positioned well below the $466,760 Fair Market Value by 12%. This valuation gap offers $56,760 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit offers City Lights views, a functional two-story layout, and in-unit laundry. With significant government grants available, this property is an ideal acquisition for first-time buyers or savvy investors seeking urban convenience.
Property is move-in ready.
Built in 2006 (20 years old), the property is well-maintained and move-in ready. It features a functional kitchen with granite countertops, fresh interior paint, and a mix of hard flooring and carpet in good condition, fitting the 10-20 year age bracket perfectly.
Positioned on the top floor with only one shared wall and a southeast-facing orientation, this unit offers enhanced privacy, abundant natural light, and expansive city views that are rare in dense urban settings.
The property is eligible for up to $55,000 in combined grants and assistance programs, providing a unique financial advantage for first-time buyers to cover down payments and closing costs.
The 820-square-foot floor plan features a clear separation between the public living space and the private upstairs bedroom retreat, complete with in-unit laundry and a convenient main-level powder room.
At $510 per month, the association fees are relatively high for a one-bedroom condo, which may impact the debt-to-income ratio and overall monthly affordability for budget-conscious buyers.
The single-bedroom configuration restricts the property's appeal to a smaller demographic of singles or couples, potentially limiting future resale velocity compared to multi-bedroom units in the area.
Enjoying an elevated top-floor setting, this bright south facing home delivers open city views and an extra layer of privacy. A move-in ready two-story home with fresh interior paint, hard flooring downstairs, cozy carpet upstairs, and only one shared wall end unit. The spacious upstairs bedroom and full bath offer a quiet retreat, while the main level half bath and convenient in-unit laundry add everyday ease. Ideally situated just moments from popular Koreatown restaurants, vibrant markets, and downtown LA, this home combines effortless urban convenience with neighborhood charm. First-time buyers have a great opportunity through programs that can provide up to $55,000 in assistance $20,000 from City National Bank plus a $35,000 government grant with little as 3% down, and these funds can help cover closing costs and down payment while potentially securing a lower interest rate, significantly easing the path to homeownership.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 820 | 1,252.996 |
| Lot Size | 6,832 | 26,029.603 |
| Price | $410.0K | $778.5K |
| Price per sq ft | $500 | $629 |
| Built year | 2006 | 1981 |
| HOA | $510.0 | $676 |
| Days on market | 27 | 74 |
Oct 14, 2026
$410,000
Initial Listing
Oct 13, 2026
$399,000
Initial Listing
Dec 26, 2012
$168,000
Public Record
Apr 2, 2007
$500,000
Public Record