360 W Avenue 26, Los Angeles, California 90031, Los Angeles, 90031 - 0 bed, 0 bath
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Los Angeles, California 90031
This Modern Urban Condominium represents a Strong Value Opportunity, listed at $275,000—positioned well below the $277,929 Fair Market Value by 1%. This strategic pricing provides $2,929 in Instant Equity at closing. Built in 2006, the unit maintains a Good Condition Rating, offering updated infrastructure and 600 square feet of efficient living space. Located near Downtown L.A. with proximity to Abraham Lincoln Senior High, the property benefits from high metropolitan accessibility. It is an ideal acquisition for first-time buyers or urban professionals seeking an affordable market entry.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 360 W Avenue 26 Subject | $275,000* List Price | 0 | 0 | 600 | $463 | - |
A 360 W Avenue 26 Active | $299,000 List Price | 0 | 1 | 630 | $475 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, the property is 18 years old, placing it within the 10-20 year 'Good' range. While the interior shows significant clutter, the structural elements like the tile flooring and entry appear functional and well-maintained. At this age, systems and finishes are likely original but remain move-in ready.
Priced at $275,000, this property offers a rare and highly affordable entry point into the Los Angeles real estate market, significantly lower than the median price for the area.
Built in 2006, this condominium is relatively modern compared to the surrounding historical housing stock, likely offering updated building codes and more contemporary infrastructure.
Located in the Downtown L.A. area with a high concentration of schools within a one-mile radius, the property provides excellent proximity to metropolitan employment hubs and public services.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =69414, other record lot size in square feet = 53612. Living area discrepancy between mls listing and other public or private record. mls listing living area = 600, other record living area = 780.
With only 600 square feet of living space, the unit is quite compact, which may limit its appeal to a narrow demographic of single occupants or couples.
The current list price is notably lower than its previous sale prices in 2015 ($315,000) and 2007 ($360,000), suggesting a lack of historical appreciation or potential underlying building-specific concerns.
This well-designed studio condo offers efficient, modern living with a full kitchen, spacious closet, full bathroom, and a dedicated area for in-unit laundry. The open layout is complemented by a private balcony, perfect for relaxing. Residents enjoy access to a fitness center and a reservable community clubhouse with games like a pool table for entertainment, along with outdoor games such as chess and corn hole. The unit also includes a designated parking space for added convenience. Located in Los Angeles, the property offers easy access to the Metro Gold Line, as well as the Interstate 5 and Interstate 110 for convenient commuting. Enjoy proximity to Dodger Stadium, Chinatown, Little Tokyo, Down Town LA and the Art District offering a vibrant mix of dining, culture, and entertainment. Ideal for those seeking low-maintenance living in a wonderful community.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.5 | 25% |
| Baths | 0.0 | 2.0 | 25% |
| Square foot | 600 | 1,208 | 25% |
| Lot Size | 69,414 | 69,414 | 50% |
| Price | $275.0K | $609.5K | 25% |
| Price per sq ft | $458 | $451 | 50% |
| Built year | 2006 | 2006 | 50% |
| HOA | $0 | $398 | 25% |
| Days on market | 13 | 167 | 25% |
Apr 20, 2026
$275,000
Initial Listing
Sep 28, 2015
$315,000
Public Record
Nov 18, 2011
$140,000
Public Record
Jul 20, 2007
$360,000
Public Record