
Los Angeles, California 90049
This Spacious Value-Add Condominium is listed at $1,149,000, representing a stable entry point at its $1,149,000 Fair Market Value. Offering a rare 3-bedroom layout across 2,003 sqft, the property features Panoramic Views and access to the prestigious Beverly Hills Unified School District. While currently holding a Condition Rating of 4 with dated 1990s aesthetics, the inclusion of earthquake insurance and resort-style amenities like a pool and sauna adds significant baseline value. This Short Sale represents a strategic acquisition for Owner-Occupants seeking scale or Value-Add Investors looking to modernize a high-floor asset.
Property is moderate renovation needed.
The condo, built in 1990, appears well-maintained and clean. However, the kitchen features light wood cabinets and granite countertops that, while functional, are dated in style. The bathroom exhibits 1990s aesthetics with marble-look tiles and gold-trim shower doors. Other elements like the fireplace and mirrored closet doors also reflect an older style. The property is aged but maintained, showing signs of being outdated and would benefit from minor updates to modernize its appearance.
Situated in a highly desirable area between Bel Air and Beverly Hills (MLS Area C04), offering proximity to upscale amenities and a prime Los Angeles address.
A spacious 3-bedroom, 3-bath condo spanning 2003 sqft, providing ample room and flexibility, potentially suitable for multi-generational living.
The monthly association fee includes access to a pool, clubhouse, fitness center, and sauna, enhancing the lifestyle and value proposition for residents.
The property is a short sale, which typically involves a more complex, lengthy, and uncertain closing process due to required lender approval.
A substantial monthly association fee of $700 can be a significant recurring cost, impacting overall affordability and potentially deterring some buyers.
The property has undergone a substantial price drop from its original list price of $1.649M to $1.149M, which may signal initial overpricing, prolonged market time, or underlying issues that could concern potential buyers.
PRICE REDUCTION! IT'S A SHORT SALE!!! BEAUTIFUL 3 BEDROOMS AND 3 BATH CONDO! GOOD FOR 2 FAMILIES, BETWEEN BELL AIR AND BEVERLY HILLS. THIS IS A GREAT PROPERTY LOCATED IN A GREAT AREA, CLOSE TO EVERYTHING. THE MONTHY ASSOCIATION FEE INCLUDES AMENITIES SUCH AS A POOL, CLUBHOUSE, FITNESS CENTER AND SAUNA. THE ASSOCIATION ALSO PROVIDES EARTHQUAKE INSURANCE.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 77% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,003 | 1,595 | 82% |
| Lot Size | 25,889 | 18,495 | 61% |
| Price | $1.05M | $1.21M | 39% |
| Price per sq ft | $524 | $764 | 4% |
| Built year | 1990 | 1984 | 61% |
| HOA | $700.0 | $704 | 49% |
| Days on market | 246 | 181 | 78% |
Apr 2, 2026
$1,049,000
$1,149,000
-9% Price Drop
Initial Listing
Jan 31, 2026
$1,149,000
$1,649,000
-30% Price Drop
Initial Listing
Aug 19, 2025
$1,649,000
Initial Listing
Apr 4, 2003
$672,000
Public Record