
Los Angeles, California 90006
This well-maintained condominium represents a High-Potential Investment Opportunity, listed at $469,000—positioned above the $451,860 Fair Market Value. While currently priced slightly above market, the property features a Good Condition Rating with a brand-new shower enclosure and an exceptionally low $262 HOA fee, which significantly lowers monthly overhead. Located in the vibrant Mid-Wilshire area, this unit offers a functional layout and City Lights views, making it a stable, low-maintenance asset. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking affordable urban living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3061 W 12th Place 102 Subject 1 bd · 1 ba · 730 sqft · $619 | $469,000* List Price | 1 | 1 | 730 | $619 | - |
A 3061 W 12th Place 308 Sold 2 bd · 2 ba · 980 sqft · $561 · 0.0 mi | $550,000 | 2 | 2 | 980 | $561 | 0.0 mi |
B 1037 Fedora Street 204 Sold 2 bd · 2 ba · 970 sqft · $552 · 0.6 mi | $535,000 | 2 | 2 | 970 | $552 | 0.6 mi |
C 1128 S Serrano Avenue 104 Active 2 bd · 2 ba · 930 sqft · $558 · 0.2 mi | $519,000 List Price | 2 | 2 | 930 | $558 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008, the property is 18 years old, placing it squarely in the 'Good' category (10-20y). The unit is well-maintained and move-in ready, featuring a brand-new shower enclosure (2026) and functional kitchen finishes consistent with its age. Systems appear age-appropriate and functional.
At just $262 per month, the HOA fee is remarkably low for Los Angeles and includes water, trash, and gas, providing significant monthly savings for the owner.
Situated in the heart of Koreatown, the property offers high walkability and convenient access to diverse dining, shopping, public transportation, and Downtown LA.
Constructed in 2008, this well-maintained unit features a brand-new shower enclosure and a bright, functional layout that meets the needs of contemporary urban dwellers.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =18078, other record lot size in square feet = 18203.
The surrounding public schools have relatively low ratings (mostly 3/10), which may be a concern for families or impact long-term appreciation potential.
Being located on the first floor in a dense urban environment can lead to increased street noise and reduced privacy compared to units on higher levels.
Rare find! This well-maintained one-bedroom condominium comes with two parking spaces, offering exceptional convenience and value in the heart of Los Angeles. Located on the first floor, the unit features a bright and inviting interior with abundant natural light and a comfortable, functional layout, making it an excellent opportunity for first-time homebuyers or anyone seeking convenient urban living. The kitchen features a dishwasher, microwave, and stove, all replaced with brand-new appliances in 2024. A major highlight is the brand-new shower enclosure installed in July 2026, along with fresh paint in the bathroom, giving the space a clean, refreshed appearance. Located in the desirable Mid-Wilshire area of Koreatown, this condominium provides easy access to shopping centers, restaurants, public transportation, and Downtown LA. The secure building features controlled access to the main lobby and garage for added peace of mind. One of the standout features is the exceptionally low HOA fee of just $262 per month, which covers building maintenance, water, trash, and gas. The owner is responsible only for electricity and internet, offering additional savings on monthly expenses. Enjoy the convenience of city living in a well-maintained community with a bright, welcoming atmosphere. With two parking spaces, abundant natural light, updated kitchen appliances, a refreshed bathroom, and a low monthly HOA fee, this home presents a wonderful opportunity for first-time buyers or anyone looking for an affordable home in a convenient Los Angeles location.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.4 mi
Grades K-2 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 730 | 1,252.996 |
| Lot Size | 18,078 | 26,029.603 |
| Price | $469.0K | $778.5K |
| Price per sq ft | $642 | $629 |
| Built year | 2008 | 1981 |
| HOA | $262.0 | $676 |
| Days on market | 19 | 74 |
Oct 21, 2026
$469,000
Initial Listing
Dec 4, 2020
$454,000
Public Record
Mar 1, 2016
$330,000
Public Record
May 3, 2010
$240,000
Public Record