
Los Angeles, California 90020
This 1-bedroom condo represents a Strong Value Opportunity, listed at $399,000—positioned well above the $364,350 Fair Market Value by -9%. While priced at a premium, the unit offers a Fair Condition Rating and rare TWO tandem parking spaces, a significant asset in this dense urban corridor. Located near Young Oak Kim Academy and major medical centers, the property provides high walkability and transit access. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers prioritizing location and parking convenience over immediate equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 435 S Virgil Avenue 208 Subject 1 bd · 1 ba · 617 sqft · $596 | $399,000* List Price | 1 | 1 | 617 | $596 | - |
A 320 S Ardmore Avenue 236 Sold 1 bd · 1 ba · 566 sqft · $569 · 0.8 mi | $322,000 | 1 | 1 | 566 | $569 | 0.8 mi |
B 525 S Ardmore Avenue 221 Sold 1 bd · 1 ba · 566 sqft · $512 · 0.8 mi | $290,000 | 1 | 1 | 566 | $512 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986 (38 years old), the property is dated but functional. While it features updated laminate flooring and clean paint, the bathroom fixtures and wall-mounted HVAC unit appear to be older models. It lacks a full modern renovation but remains move-in ready, fitting the criteria for a property needing minor cosmetic updates.
The inclusion of two tandem parking spaces is a rare and highly valuable asset for a one-bedroom unit in a dense urban area like Central Los Angeles, significantly increasing its marketability.
Perfectly situated between Koreatown and Downtown LA, the property offers high walkability to major medical centers, public transit, and retail hubs like Target, ensuring maximum convenience.
The unit features a private balcony off the dining area, providing a desirable extension of the living space and a rare private outdoor retreat for urban condo living.
The lack of in-unit laundry requires residents to use a community laundry room, which may be a convenience drawback for modern buyers seeking private amenities.
The property is officially listed as having no specific view, which may limit the aesthetic appeal compared to other units in the area that offer city or skyline outlooks.
Rare 1-bedroom condo with TWO parking spaces in a prime central Los Angeles location! This bright and comfortable 1-bedroom, 1-bath residence at Virgil Court offers a functional layout with a private balcony off the dining area, creating a pleasant extension of the living space. A standout feature is the TWO tandem parking spaces, an exceptional convenience and added value for a 1-bedroom unit in this area. Ideally positioned between Koreatown and Downtown Los Angeles, the home is within walking distance of major medical centers and surrounded by some of the area's most popular restaurants, cafe, shopping, and nightlife. Target is just one block away, and the Metro is approximately half a mile from the property, providing convenient access throughout the city. Close to the elevator and community laundry room. A fantastic opportunity to enjoy the best of LA urban living with outstanding convenience, accessibility, and TWO-car parking.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-6 • 0.6 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 617 | 1,252.996 |
| Lot Size | 44,118 | 26,029.603 |
| Price | $399.0K | $778.5K |
| Price per sq ft | $647 | $629 |
| Built year | 1986 | 1981 |
| HOA | $473.0 | $676 |
| Days on market | 81 | 74 |
Aug 20, 2026
$399,000
Initial Listing
Apr 3, 2020
$390,000
Public Record