
Los Angeles, California 90020
This Condominium presents a High-Potential Investment Opportunity with a List Price of $489,000—positioned well below the $551,446 Fair Market Value by 11%. This valuation gap offers $62,446 in Instant Equity for the buyer. While the unit maintains a Condition Rating of 4, recent flooring and lighting updates provide a solid foundation for further modernization. Featuring a pool, gym, and private storage, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking urban convenience in Koreatown.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 424 S Westmoreland Avenue 210 Subject | $489,000* List Price | 2 | 2 | 1,064 | $518 | - |
A 424 S Westmoreland Avenue 210 Sold | $458,000 | 2 | 2 | 1,064 | $430 | 0.0 mi |
B 435 S Virgil Avenue 225 Sold | $466,000 | 2 | 2 | 834 | $559 | 0.0 mi |
C 525 S Berendo 106 Sold | $510,000 | 2 | 2 | 867 | $588 | 0.4 mi |
D 525 S Berendo Street 405 Sold | $631,000 | 2 | 2 | 1,071 | $589 | 0.4 mi |
E 525 S Berendo Street 204 Sold | $473,000 | 2 | 2 | 867 | $546 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982, the property features recent cosmetic updates including new flooring and recessed lighting. However, the kitchen and bathrooms appear dated with original-style cabinetry and countertops, and popcorn ceilings are present throughout, indicating a need for further modernization.
Situated near the heart of Koreatown with easy access to Downtown LA, this property offers exceptional convenience to local shops, dining, and transit.
The unit features recent upgrades including new flooring and recessed lighting throughout, providing a fresh and move-in-ready aesthetic for potential buyers.
The complex offers a robust suite of amenities including a pool, gym, sauna, and a rare private storage room, adding significant lifestyle value.
The property was recently sold within the past year on 2026-02-02. The sold price is $458,000.00.
The two assigned parking spaces are in a tandem configuration, which can be a daily inconvenience for households with multiple active drivers.
Built in 1982, the building may lack the modern energy-efficient systems and contemporary architectural features found in newer luxury developments.
Welcome to this spacious and light-filled 2-bedroom, 2-bathroom southeast-facing corner unit at the Westmoreland Chateau. Located near the heart of Koreatown and with easy access to Downtown LA, this condo offers exceptional urban convenience. This bright unit features recent updates, including new flooring and updated recessed lighting throughout. Enjoy the functionality of two well-separated bedrooms. Complex amenities include an elevator, pool, gym, sauna, and trash chute. Additionally, this unit comes with a private storage room, two assigned gated parking spaces (tandem), and is conveniently located near shops. *Please note that some photos have been virtually staged to help buyers visualize the home's full potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,064 | 1,067.5 | 50% |
| Lot Size | 20,443 | 31,559 | 39% |
| Price | $489.0K | $566.0K | 44% |
| Price per sq ft | $460 | $557 | 17% |
| Built year | 1982 | 1987 | 42% |
| HOA | $336.0 | $485 | 28% |
| Days on market | 16 | 161 | 3% |
May 21, 2026
$489,000
Initial Listing
Feb 2, 2026
$458,000
Public Record
Sep 27, 1996
$65,000
Public Record