2939 Leeward Ave 318, Los Angeles, California 90005, Los Angeles, 90005 - 1 bed, 2 bath

2939 Leeward Ave 318, Los Angeles, California 90005 home-pic-0
ACTIVE$580,000
2939 Leeward Ave 318, Los Angeles, California 90005
1Bed
2Baths
930Sqft
37,166Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
New Construction & Modern Amenities: Built in 2020, this condo offers modern construction and is 'ready for move-in,' featuring stainless steel appliances and built-in LED lighting in the bedroom.
Top Cons:
High Monthly Association Fees: The association fee of $439.64 per month is substantial and adds significantly to the overall cost of ownership, especially for a 1-bedroom unit.

Compared to the nearby listings

Price:$580.0K vs avg $690.0K ($-110,000)35%
Size:930 sqft vs avg 1,234 sqft29%
Price/sqft:$624 vs avg $56676%

More Insights

Built in 2020 (5 years old).
Condition: Built in 2020, this condo is practically new, falling well within the 'excellent' criteria. The images confirm a modern aesthetic throughout, featuring a contemporary kitchen with stainless steel appliances, sleek cabinetry, and light countertops. Bathrooms are equally updated with floating vanities and modern fixtures. The property boasts modern flooring (likely laminate or engineered wood) and recessed lighting, indicating high-quality, current standards with no visible deferred maintenance. It is truly move-in ready.
Year Built
2020
Close
-
List price
$580K
Original List price
$688K
Price/Sqft
$624
HOA
$439.64
Days on market
-
Sold On
-
MLS number
TR25013583
Home ConditionExcellent
Features
Good View: City Lights
ViewCity Lights

About this home

Great location newer condo at the gated community of Golden Galaxy! Quiet neighborhood and cul-de-sac and close to subway and bus stations. This home has 1 bedroom 2 bathrooms. Ready for move-in; great room powder room with laundry area. kitchen includes an stainless steel stove, 1 oven and 1 refrigerator; 1 bedroom suite with buildin led light; Enjoy the resort style life with cummity pool and gym and entertainment room. Don't miss it.

Price History

Date
Event
Price
03/24/22
Sold
$589,000
Condition Rating
Excellent

Built in 2020, this condo is practically new, falling well within the 'excellent' criteria. The images confirm a modern aesthetic throughout, featuring a contemporary kitchen with stainless steel appliances, sleek cabinetry, and light countertops. Bathrooms are equally updated with floating vanities and modern fixtures. The property boasts modern flooring (likely laminate or engineered wood) and recessed lighting, indicating high-quality, current standards with no visible deferred maintenance. It is truly move-in ready.
Pros & Cons

Pros

New Construction & Modern Amenities: Built in 2020, this condo offers modern construction and is 'ready for move-in,' featuring stainless steel appliances and built-in LED lighting in the bedroom.
Excellent Location & Transit Access: Situated in a 'great location' within Koreatown, the property benefits from a 'quiet neighborhood and cul-de-sac' and is conveniently 'close to subway and bus stations.'
Resort-Style Community Amenities: Residents can enjoy a 'resort style life' within the 'gated community of Golden Galaxy,' which includes a community pool, gym, and entertainment room.
Desirable City Lights View: The property boasts a 'City Lights' view, adding significant aesthetic appeal and value to the unit.
Functional Layout & Inclusions: The unit features a practical 1 bedroom, 2 bathroom layout, including a powder room and a dedicated laundry area, along with a stainless steel stove and refrigerator.

Cons

High Monthly Association Fees: The association fee of $439.64 per month is substantial and adds significantly to the overall cost of ownership, especially for a 1-bedroom unit.
Significant Price Reduction from Original List: The current list price of $580,000 is a considerable reduction from the original list price of $688,000, and also lower than its previous sale price of $589,000, which may raise questions about market demand or initial overpricing.
Limited Bedroom Count: As a 1-bedroom unit, its appeal is limited to single occupants or couples, potentially narrowing the buyer pool compared to properties with more bedrooms.

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