436 S Virgil Avenue 607, Los Angeles, California 90020, Los Angeles, 90020 - 3 bed, 2 bath
ACTIVE$859,000
436 S Virgil Avenue 607, Los Angeles, California 90020
3Beds
2Baths
1,380Sqft
31,559Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Penthouse & Modern Condition: As a top-floor penthouse unit built in 2015, the property boasts soaring ceilings and is in 'like-new condition,' offering modern luxury and minimal immediate maintenance.
Top Cons:
High Monthly Association Fee: The monthly association fee of $694.93 is substantial and represents a significant ongoing cost for potential buyers.
Compared to the nearby listings
Price:$859.0K vs avg $473.0K (+$386,000)76%
Size:1,380 sqft vs avg 914 sqft72%
Price/sqft:$622 vs avg $60868%
More Insights
Built in 2015 (10 years old).
Condition: Built in 2015, this penthouse unit is only 9 years old and described as being in 'like-new condition' due to light use as a second home. The images confirm a modern aesthetic throughout, featuring dark hardwood floors, recessed lighting, and contemporary fixtures. The kitchen boasts stainless steel appliances, quartz countertops, modern flat-panel cabinetry, and a mosaic tile backsplash, all appearing virtually new. Bathrooms are equally modern with sleek vanities, subway tile, and glass shower enclosures. All components meet current quality standards with no visible deferred maintenance or physical depreciation.
Year Built
2015
Close
-
List price
$859K
Original List price
$859K
Price/Sqft
$622
HOA
$694.93
Days on market
-
Sold On
-
MLS number
25527329
Home ConditionExcellent
Features
Excellent View: City Lights
Deck
ViewCity Lights
About this home
Luxurious penthouse (Top Floor) in a modern Koreatown condo with soaring ceilings and stunning east-facing views of Downtown LA. Lightly used as a second home, the unit is in like-new condition. Features include two private balconies, hardwood floors, a gourmet kitchen with quartz counters and stainless-steel appliances, and a spacious laundry room. Enjoy two gated parking spaces, a fitness center, landscaped courtyard with BBQ, and pet-friendly amenities. Prime location near Target, public transit, Downtown, LACMA, Grove shopping center and Beverly Hills.
Price History
Date
Event
Price
05/14/18
Sold
$900,000
Condition Rating
Excellent
Built in 2015, this penthouse unit is only 9 years old and described as being in 'like-new condition' due to light use as a second home. The images confirm a modern aesthetic throughout, featuring dark hardwood floors, recessed lighting, and contemporary fixtures. The kitchen boasts stainless steel appliances, quartz countertops, modern flat-panel cabinetry, and a mosaic tile backsplash, all appearing virtually new. Bathrooms are equally modern with sleek vanities, subway tile, and glass shower enclosures. All components meet current quality standards with no visible deferred maintenance or physical depreciation.
Pros & Cons
Pros
Penthouse & Modern Condition: As a top-floor penthouse unit built in 2015, the property boasts soaring ceilings and is in 'like-new condition,' offering modern luxury and minimal immediate maintenance.
Stunning City Views & Private Balconies: The unit features stunning east-facing views of Downtown LA and includes two private balconies, enhancing the living experience and offering outdoor space.
High-End Interior Finishes: Equipped with hardwood floors, a gourmet kitchen featuring quartz counters and stainless-steel appliances, and a spacious laundry room, indicating premium interior quality.
Comprehensive Building Amenities: Residents benefit from two gated parking spaces, a fitness center, a landscaped courtyard with BBQ facilities, and pet-friendly policies, adding significant value and convenience.
Prime Central Location: The property is situated in a prime Koreatown location with excellent proximity to Target, public transit, Downtown LA, LACMA, Grove shopping center, and Beverly Hills.
Cons
High Monthly Association Fee: The monthly association fee of $694.93 is substantial and represents a significant ongoing cost for potential buyers.
Negative Price Appreciation Trend: The current list price of $859,000 is lower than its last recorded sale price of $900,000 in 2018, which may suggest a lack of value appreciation or even depreciation over time.
Absence of Explicit Cooling System: The property description does not explicitly mention a cooling system (e.g., central air conditioning), which could be a concern for a penthouse unit in Los Angeles' climate.