2980 Ripple Place 206, Los Angeles, California 90039, Los Angeles, 90039 - 3 bed, 3 bath
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2980 Ripple Place 206
Los Angeles, California 90039
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,790Sq Ft
12,352Lot Size
Property Price
LIST PRICE$949,000
EST. MARKET VALUE
$876,396
8% AboveMARKET VALUE
SUMMARY
This Modern Townhome-Style Condo is a Strong Value Opportunity, listed at $949,000—positioned above the $876,396 Fair Market Value by 8%. While priced at a premium, the property offers a Mint Condition Rating and a rare 3-bedroom plus den layout with unobstructed LA River views. Featuring European-style cabinetry, quartz finishes, and EV-ready parking, this home provides a turnkey lifestyle near top-rated schools like Allesandro Elementary. It is an ideal sanctuary for urban professionals or discerning owner-occupants seeking a sophisticated, low-maintenance residence.
Estimated Market Value
$876,396
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 |
|---|---|---|---|---|---|---|
★ 2980 Ripple Place 206 Subject | $949,000* List Price | 3 | 3 | 1,790 | $490 | - |
A 2974 Ripple Place 203 Sold | $770,000 | 3 | 3 | 1,520 | $507 | 0.0 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 2016, this property is less than 10 years old and remains in mint condition. The interior features modern European-style cabinetry, quartz countertops in the kitchen and bathrooms, and contemporary stainless steel appliances. The systems and overall structure appear well-maintained and move-in ready with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Corner Location
As a top-floor corner unit adjacent to Lewis MacAdams Riverfront Park, the home offers superior privacy and exceptional views of the LA River and Silver Lake Hills.
- Modern Spacious Design
Built in 2016, this 1,790 sqft townhome-style condo features a rare 3-bedroom plus den layout with high-end European cabinetry and bright, open-concept living spaces.
- Enhanced Urban Convenience
The property includes two gated parking spaces with EV charging capability and individual storage, addressing common parking and storage pain points for Los Angeles residents.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
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.
- High Association Fees
The monthly HOA fee of $567.46 represents a significant recurring expense that may impact the overall monthly affordability for some buyers.
- Variable School Quality
While the local area offers some highly-rated options, the surrounding school district ratings are inconsistent, with some nearby schools rated as low as 2/10.
About 2980 Ripple Place 206
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!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2016
- Lot Size
- 12,352 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $567.46 / Month
Neighborhood Insights
Los Angeles Unified Schools
Allesandro Elementary School
Grades K-6 • 0.5 mi
8/10
Glassell Park Elementary School
Grades K-6 • 0.7 mi
4/10
Dorris Place Elementary School
Grades K-6 • 1.3 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,790 | 1,219.385 |
| Lot Size | 12,352 | 27,236.074 |
| Price | $949.0K | $800.2K |
| Price per sq ft | $530 | $650 |
| Built year | 2016 | 1979 |
| HOA | $567.46 | $685 |
| Days on market | 15 | 72 |
Pricing History
Listed for Sale
Aug 25, 2026
$949,000
Initial Listing
Sold
Feb 12, 2020
$795,000
Public Record