2939 Leeward Ave 615, Los Angeles, California 90005, Los Angeles, 90005 - 2 bed, 2 bath
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2939 Leeward Ave 615
Los Angeles, California 90005
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,365Sq Ft
0Lot Size
Property Price
LIST PRICE$799,000
EST. MARKET VALUE
$705,647
13% AboveMARKET VALUE
SUMMARY
This Modern Turn-key Condominium is a Strong Value Opportunity, listed at $799,000—positioned above the $705,648 Fair Market Value. While the property carries a premium, its Excellent Condition Rating and 2020 construction ensure a maintenance-free lifestyle. Featuring a spacious open layout, central A/C, and a private balcony with city skyline views, this home offers immediate comfort in the heart of Koreatown. Given the high-quality infrastructure and prime location, this residence is an ideal acquisition for Owner-Occupants seeking a modern urban sanctuary or first-time buyers prioritizing convenience.
Estimated Market Value
$705,647
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 Ave 615 Subject | $799,000* List Price | 2 | 2 | 1,365 | $517 | - |
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 609 Sold | $780,000 | 2 | 2 | 1,390 | $561 | 0.5 mi |
* 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 2020, this property is only 4-6 years old, well within the 'Excellent' criteria. The listing and images confirm a turn-key, modern interior with recessed lighting, central HVAC, and mint-condition finishes requiring no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Construction
Built in 2020, this turn-key home offers contemporary finishes, upgraded features, and the reliability of newer infrastructure in a competitive market.
- Prime Koreatown Location
Ideally situated in a central Los Angeles hub, providing exceptional walkability and easy access to diverse dining, shopping, and public transportation.
- Spacious Open Layout
With 1,365 sq. ft. of living space, the unit offers a generous floor plan and a private balcony, providing more room for entertaining than typical urban condos.
CONSRISKS & DEFICIENCIES
- High Monthly HOA
The association fee of $518.77 represents a significant recurring monthly expense that may impact overall affordability for some buyers.
- Stagnant Resale Value
The current list price of $799,000 is slightly lower than the 2022 sale price of $800,000, suggesting a lack of equity appreciation over the last two years.
About 2939 Leeward Ave 615
The Turn-key upgraded sweet home is located in Korea-town, Los Angeles. 2 Bedrooms floor plans with spacious and well-designed layouts equipped with a balcony. Offering approximately 1,365 sq. ft. of comfortable modern living in a convenient central Los Angeles location. This well-designed home features a generous open layout, central A/C, and plenty of space for both everyday living and entertaining. Ideally situated with easy access to restaurants, shopping, public transportation, and major Los Angeles destinations, this home offers the perfect combination of comfort, convenience, and city living as well as a great investment opportunity.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2020
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $518.77 / 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 | 1,365 | 1,219.385 |
| Lot Size | - | 27,236.074 |
| Price | $799.0K | $800.2K |
| Price per sq ft | $585 | $650 |
| Built year | 2020 | 1979 |
| HOA | $518.77 | $685 |
| Days on market | 21 | 72 |
Pricing History
Listed for Sale
Aug 19, 2026
$799,000
Initial Listing
Sold
May 4, 2022
$800,000
Public Record