2939 Leeward 403, Los Angeles, California 90005, Los Angeles, 90005 - 2 bed, 2 bath
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2939 Leeward 403
Los Angeles, California 90005
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,290Sq Ft
37,166Lot Size
Property Price
LIST PRICE$739,000
EST. MARKET VALUE
$751,447
SUMMARY
This Modern Condominium is a Strong Value Opportunity, listed at $739,000—positioned well above the $723,360 Fair Market Value by -2%. Built in 2018, this residence maintains a Mint Condition Rating, featuring a contemporary kitchen with stone countertops and high-end finishes. The southeast corner positioning provides abundant natural light and panoramic Downtown Los Angeles skyline views. While the monthly HOA fee is a consideration, the property offers a turnkey lifestyle for Owner-Occupants or first-time buyers seeking a modern, low-maintenance home in a prime urban location.
Estimated Market Value
$751,447
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2939 Leeward 403 Subject 2 bd · 2 ba · 1,290 sqft · $583 | $739,000* List Price | 2 | 2 | 1,290 | $583 | - |
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 815 S Harvard 302 Sold 2 bd · 2 ba · 1,090 sqft · $505 · 1.0 mi | $550,000 | 2 | 2 | 1,090 | $505 | 1.0 mi |
C 2939 Leeward Avenue 516 Active 2 bd · 2 ba · 1,260 sqft · $595 | $749,999 List Price | 2 | 2 | 1,260 | $595 | - |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2018, this property is less than 10 years old and remains in mint condition. The kitchen features modern dark cabinetry, stone countertops, and stainless steel appliances. The flooring, recessed lighting, and overall interior finishes are contemporary and require no maintenance, consistent with a high-end modern condominium.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Construction
Built in 2018, this contemporary residence offers modern building standards and energy efficiency, minimizing the need for immediate capital improvements.
- Prime Corner Positioning
The southeast corner location provides abundant natural light and desirable views of the Downtown Los Angeles skyline and city lights.
- Generous Living Space
At 1,290 square feet, this two-bedroom unit offers a spacious and functional layout that is highly competitive for the Mid-Wilshire market.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $508.62 represents a significant recurring carrying cost that may impact buyer affordability and debt-to-income ratios.
- Stagnant Equity Growth
The current list price is only marginally higher than the 2021 purchase price, suggesting limited appreciation and slow equity build-up over the last five years.
About 2939 Leeward 403
Original-owner residence, purchased directly from the builder in 2021, ideally positioned on the southeast corner of the building with abundant natural light and beautiful city-light and Downtown Los Angeles skyline views.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2018
- Lot Size
- 37,166 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $508.62 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,290 | 1,252.996 |
| Lot Size | 37,166 | 26,029.603 |
| Price | $739.0K | $778.5K |
| Price per sq ft | $573 | $629 |
| Built year | 2018 | 1981 |
| HOA | $508.62 | $676 |
| Days on market | 53 | 74 |
Pricing History
Listed for Sale
Sep 17, 2026
$739,000
Initial Listing
Sold
Apr 27, 2021
$730,000
Public Record