
Los Angeles, California 90020
This 3-bedroom Condominium presents a Strong Value Opportunity with a List Price of $695,000—positioned well below the $660,987 Fair Market Value by -5%. While the property requires a full interior rehab due to its Poor Condition Rating, it offers a prime location in the heart of Koreatown with Pool access and private balcony. This asset is ideal for Value-Add Investors or Contractors seeking to modernize a spacious unit in a high-demand, transit-oriented urban corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 431 S Kingsley Drive 205 Subject 3 bd · 2 ba · 1,340 sqft · $493 | $695,000* List Price | 3 | 2 | 1,340 | $493 | - |
A 309 S Mariposa Avenue 201 Active 2 bd · 3 ba · 1,390 sqft · $431 · 0.3 mi | $599,000 List Price | 2 | 3 | 1,390 | $431 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1983 (41 years old), this property falls into the 'Poor' category based on age and lack of significant renovations. The kitchen and bathrooms feature original-style white tile countertops and cabinetry that are over 30 years old. Additionally, the presence of a window AC unit suggests dated climate systems, and the overall interior requires a full rehab to meet modern standards.
Situated in the heart of Koreatown, this property offers exceptional walkability to trendy restaurants and markets, with seamless transit access to DTLA, Beverly Hills, and Hollywood.
With 1,340 square feet of living space, this rare 3-bedroom configuration provides ample room for families or those needing a dedicated home office in a dense urban setting.
The unit features highly desirable amenities including a master walk-in closet, a fireplace, a private balcony, and essential in-unit washer and dryer hookups.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The $550 monthly HOA fee is a significant recurring expense that may impact the overall affordability and debt-to-income ratio for some buyers.
The majority of the immediate public schools assigned to this location have low ratings, which could be a drawback for families prioritizing academic performance.
Property is located in the heart of Koreatown and is in close proximity to many markets and LA hotspots and popular restaurants. You can easily commute to downtown LA, Beverly Hills, Hollywood, the Grove, and access to easy transportation like subways and bus stops. Master bedroom with a walk-in closet, spacious living with a fireplace, balcony, and in unit washer and dryer hook ups. Amenities included: swimming pool, recreation room, etc. Ready for you to move in! Desirable Mid-Wilshire Location has a 3+2 Condo unit for sale! Just two blocks away from Wilshire Blvd.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,340 | 1,252.996 |
| Lot Size | 18,015 | 26,029.603 |
| Price | $695.0K | $778.5K |
| Price per sq ft | $519 | $629 |
| Built year | 1983 | 1981 |
| HOA | $550.0 | $676 |
| Days on market | 96 | 74 |
Aug 5, 2026
$695,000
Initial Listing
Jan 31, 2018
$593,000
Public Record
May 30, 2006
$515,000
Public Record
Mar 7, 2005
$420,000
Public Record