
Los Angeles, California 90039
This Turnkey Modern Townhome is a Strong Value Opportunity, listed at $998,000—positioned well below the $998,543 Fair Market Value by 0.05%. Featuring a Mint Condition Rating, this 2016-built residence offers high-end finishes, including European cabinetry and EV-ready parking. Residents enjoy a premium lifestyle with LA River and Silver Lake Hill views, private balconies, and proximity to top-rated schools like Allesandro Elementary. This property provides a perfect balance of modern luxury and urban convenience, making it an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2980 Ripple Place 206 Subject | $998,000* List Price | 3 | 3 | 1,790 | $558 | - |
A 2974 Ripple Place 203 Active | $849,000 List Price | 3 | 3 | 1,520 | $559 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2016, this 10-year-old property remains in mint condition. It features modern European-style cabinetry, quartz countertops in the bathrooms, and engineered hardwood flooring. The systems are contemporary, including EV charging capabilities, and the overall aesthetic is high-end and move-in ready with no maintenance required.
Situated adjacent to Lewis MacAdams Riverfront Park with views of the LA River and Silver Lake Hills, offering a rare blend of nature and urban living in the heart of the city.
Built in 2016, this 1,790 sqft home features a bright open-concept layout with high-end finishes including European cabinetry, quartz countertops, and engineered hardwood flooring.
The property includes two gated parking spaces with EV charging capability and individual storage, providing significant added value and convenience for urban residents.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =12352, other record lot size in square feet = 12403.
The monthly association fee of $567.46 adds a substantial recurring expense to the cost of ownership compared to other residential options.
While the immediate elementary school is highly rated, other nearby schools in the district have significantly lower ratings, which may concern families focused on long-term education.
THE 'RIVER HOME' IS A COLLECTION OF 56 TOWNHOME STYLE LOCATED NEXT TO LEWIS MACADAMS RIVERFRONT PARK(FORMAERLY MARSH PARK). TOP FLOOR! CORNER UNIT! SURROUNDED BY THE LA RIVER AND NATURE IN THE HEART OF THE CITY, THIS IS TRULY A RARE GEM THAT IS HARD TO FIND. THIS FEATURED HOME OFFERS 3 BEDROOMS, 3 BATHROOMS, PLUS A COZY DEN, WITH 1,790 SF OF BRIGHT OPEN-CONCEPT LIVING SPACE FILLED WITH NATURAL LIGHT. THE HOME FEATURES ENGINEERING HARDWOOD FLOORING, TILE, AND CARPET THROUGHOUT, ALONG WITH RECESSED LIGHTING, EUROPEAN-STYLE CABINETRY, AND QUARTZ BATHROOMS THAT CREATE A CLEAN AND MODERN ATMOSPHERE. TWO(2) SPACIOUS BALCONIES OVERLOOKING THE LA RIVER AND SILVER LAKE HILLS PROVIDE AN OPEN AND REFRESHING FEEL, EVEN WHILE LIVING IN THE CITY. RESIDENTS CAN ENJOY NEARBY PARKS, WALKING TRAILS, BIKE PATHS WHILE ALSO HAVING EASY ACCESS TO POPULAR RESTAURANTS, CAFES, AND SHOPPING DESTINATIONS THAT BRING CONVENIENCE AND VIBRANT CULTURAL LIVING TOGETHER. COMMUNITY AMENITIES INCLUDE SHADED COURTYARD SEATING AND GATHERING AREAS, BBQ FACILITIES, AND A COZY FIREPLACE THAT ADDS WARMTH AND COMFORT TO THE SPACE. THE PROPERTY ALSO OFFERS TWO(2) GATED PARKING SPACES+INDIVIDUAL STORAGE WITH EV CHARGING CAPABILITY, ALONG WITH 11 ADDITIONAL GUEST PARKING SPACES FOR VISITORS. ENOUGH EYE SHOPPING THROUGH PHOTOS-THIS IS A HOME YOU TRULY NEED TO EXPERIENCE IN PERSON!
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 0.7 mi
Grades K-6 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 85% |
| Baths | 3.0 | 2.0 | 69% |
| Square foot | 1,790 | 1,073 | 92% |
| Lot Size | 12,352 | 12,352 | 50% |
| Price | $998.0K | $790.0K | 77% |
| Price per sq ft | $558 | $780 | 15% |
| Built year | 2016 | 1982 | 85% |
| HOA | $567.46 | $580 | 46% |
| Days on market | 10 | 114 | 8% |
May 27, 2026
$998,000
Initial Listing
Feb 12, 2020
$795,000
Public Record