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321 S Oxford Avenue 606, Los Angeles, California 90020, Los Angeles, 90020 - 2 bed, 2 bath

321 S Oxford Avenue 606, Los Angeles, California 90020 home-pic-0
ACTIVE$849,900
321 S Oxford Avenue 606, Los Angeles, California 90020
2Beds
2Baths
1,063Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Brand New Construction & Luxury Finishes: Built in 2024, this penthouse offers modern luxury with high-fashion architecture, stylish finishes, warm wood flooring, and premium appliances, ensuring a move-in ready, contemporary living experience.
Top Cons:
High Association Fee: The monthly association fee of $566.65 is a significant ongoing cost that buyers must factor into their budget, potentially impacting affordability and long-term expenses.

Compared to the nearby listings

Price:$849.9K vs avg $473.0K (+$376,900)76%
Size:1,063 sqft vs avg 914 sqft56%
Price/sqft:$800 vs avg $60896%

More Insights

Built in 2024 (1 years old).
Condition: This property was built in 2024, making it brand new construction. The description highlights a 'luxury kitchen outfitted with stylish finishes, warm wood flooring, and premium appliances,' and the images confirm a modern, high-quality aesthetic throughout. Both bathrooms feature contemporary vanities, fixtures, and tiling, consistent with new construction. All components appear new, meeting current quality standards with no signs of wear or deferred maintenance.
Year Built
2024
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$800
HOA
$566.65
Days on market
-
Sold On
-
MLS number
SR25115671
Home ConditionExcellent
Features
Excellent View: City Lights, Panoramic
Deck
ViewCity Lights,Panoramic

About this home

Penthouse 2BD/2BA – Top Floor Luxury Condo in the Heart of Koreatown! Experience elevated living in this top-floor penthouse with no one above you and unmatched panoramic views. This south-facing unit is drenched in natural light, creating a bright, airy atmosphere throughout the day. Located in a secure, modern 38-unit building, this 2-bedroom, 2-bathroom condo offers high-fashion architecture, a center courtyard with glass railings, and a fully equipped fitness center. Enjoy an open-concept floor plan with a spacious private balcony, perfect for taking in the city skyline views. The luxury kitchen is outfitted with stylish finishes, warm wood flooring, and premium appliances, including a refrigerator, dishwasher, microwave, and stove range—all included. Special 2-1 buydown financing available for below 5% interest rate! Additional highlights: thoughtfully designed interiors for comfortable, modern living | Safe, well-maintained building with top-notch security | Prime Koreatown location | 2 blocks from California Market | across the street from YMCA with gym & pool | close to Wilshire/Western Metro Station. Walk to top dining, shopping, and entertainment. Come see it for yourself!

Condition Rating
Excellent
This property was built in 2024, making it brand new construction. The description highlights a 'luxury kitchen outfitted with stylish finishes, warm wood flooring, and premium appliances,' and the images confirm a modern, high-quality aesthetic throughout. Both bathrooms feature contemporary vanities, fixtures, and tiling, consistent with new construction. All components appear new, meeting current quality standards with no signs of wear or deferred maintenance.
Pros & Cons

Pros

Brand New Construction & Luxury Finishes: Built in 2024, this penthouse offers modern luxury with high-fashion architecture, stylish finishes, warm wood flooring, and premium appliances, ensuring a move-in ready, contemporary living experience.
Prime Koreatown Location & Walkability: Situated in the heart of Koreatown, the property boasts exceptional walkability to top dining, shopping, entertainment, California Market, YMCA (gym & pool), and is close to the Wilshire/Western Metro Station.
Penthouse Unit with Panoramic Views & Natural Light: As a top-floor penthouse, it offers unmatched panoramic city skyline views, no neighbors above, and a south-facing orientation that drenches the unit in abundant natural light throughout the day.
Attractive Financing Incentive: A significant advantage for buyers is the special 2-1 buydown financing available, potentially securing an interest rate below 5%, which can substantially reduce initial mortgage payments.
Building Amenities & Security: The secure, modern 38-unit building provides a fully equipped fitness center, a stylish center courtyard with glass railings, and top-notch security, enhancing lifestyle and peace of mind.

Cons

High Association Fee: The monthly association fee of $566.65 is a significant ongoing cost that buyers must factor into their budget, potentially impacting affordability and long-term expenses.
Compact Square Footage for Price Point: At 1063 sqft for a 2-bedroom, 2-bathroom unit listed at $849,900, the living space may be considered compact by some buyers, especially given the luxury price point.
Urban Environment Drawbacks: While the prime Koreatown location offers convenience, it also implies a dense urban environment, which can come with increased noise levels and traffic congestion, despite the penthouse's elevated position.

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