This Modern Move-In Ready Condo is a Strong Value Opportunity, listed at $488,888—positioned well below the $491,549 Fair Market Value by 0.54%. This valuation gap offers $2,661 in Instant Equity. Featuring a Condition Rating of 2, the unit includes a Granite Kitchen, Bamboo Floors, and a Private Patio. Its prime West LA location near the Sawtelle district provides high rental demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey, low-maintenance urban residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2884 Sawtelle Blvd 217 Subject | $488,888* List Price | 1 | 1 | 700 | $702 | - |
A 2491 Purdue Avenue 107 Active Under Contract | $539,000 List Price | 1 | 1 | 758 | $711 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1971, the property is described as 'just remodeled' and 'move-in ready.' It features a modern open kitchen with granite countertops, stainless steel appliances, bamboo flooring, and recessed lighting, meeting the criteria for a recent renovation under 5 years old.
Priced under $500,000 in the highly desirable West LA area and listed significantly below its 2023 sale price of $535,000, offering immediate equity potential.
The unit is move-in ready featuring a recent remodel with bamboo flooring, granite countertops, and the rare convenience of an in-unit washer and dryer.
Boasts a high walkability score near Sawtelle’s dining district and includes two secured, covered parking spaces, which is a premium for a one-bedroom unit in this neighborhood.
Built in 1971, the structure may have aging infrastructure or common area elements that could lead to future maintenance assessments compared to newer developments.
The $437 monthly association fee represents a significant recurring cost that may impact the overall affordability for entry-level buyers or students.
WEST LA CONDO FOR UNDER $500K Modern move-in ready one bedroom in the heart of West LA! Just remodeled. Great location on 2nd floor with ample natural light. Recessed lighting, open kitchen with granite counters. In unit washer/dryer, stainless steel refrigerator, range over and microwave. Bamboo floors and tile in bathroom. Sliding door to a private patio overlooking the center courtyard with soothing fountain. Large master closet with built-in. Enjoy all the entertainment and convenience Sawtelle has to offer including restaurants, retail, parks, grocery store and more. Quiet and private, keypad security entrance, secured and gated 2 covered parking spaces. Easy access to the 10 and 405 freeways. Bus to SMC and UCLA, Expo Line to Santa Monica and Downtown. Pets are OK. Perfect for a first time home buyer, student, investment property. A must-see!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 14% |
| Baths | 1.0 | 2.0 | 14% |
| Square foot | 700 | 1,375.5 | 5% |
| Lot Size | 30,326 | 16,551.5 | 73% |
| Price | $488.9K | $900.2K | 5% |
| Price per sq ft | $698 | $651 | 68% |
| Built year | 1971 | 1981 | 18% |
| HOA | $437.0 | $605 | 9% |
| Days on market | 3 | 117 | 5% |
Jun 3, 2026
$488,888
Initial Listing
Jun 9, 2023
$535,000
Public Record
Oct 5, 2018
$495,000
Public Record
Oct 27, 2008
$4,100,000
Public Record