436 S Virgil Avenue Ph 1, Los Angeles, California 90020, Los Angeles, 90020 - 2 bed, 2 bath

436 S Virgil Avenue Ph 1, Los Angeles, California 90020 home-pic-0
ACTIVE$749,000
436 S Virgil Avenue Ph 1, Los Angeles, California 90020
2Beds
2Baths
1,164Sqft
31,559Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Penthouse Status & Panoramic Views: As a premier top-floor penthouse, the residence offers sweeping city views, including the Hollywood Sign and Koreatown skyline, providing an elevated living experience.
Top Cons:
High Monthly Association Fee: The association fee of $641.41 per month is a significant ongoing cost that adds to the overall housing expense.

Compared to the nearby listings

Price:$749.0K vs avg $473.0K (+$276,000)72%
Size:1,164 sqft vs avg 914 sqft64%
Price/sqft:$643 vs avg $60880%

More Insights

Built in 2015 (10 years old).
Condition: This property, built in 2015, is only 9 years old, fitting perfectly within the 'Excellent' criteria for properties built within 10 years. The description highlights a 'sleek kitchen' with 'polished quartz countertops,' 'modern cabinetry,' and 'premium stainless steel appliances,' which is visually confirmed by the images showing a contemporary and high-quality kitchen. The wide-plank hardwood floors and recessed lighting throughout the living areas, along with clean carpeting in the bedrooms and modern bathroom fixtures, indicate a property with virtually new components, minimal physical depreciation, and no deferred maintenance. It is move-in ready with a modern aesthetic.
Year Built
2015
Close
-
List price
$749K
Original List price
$749K
Price/Sqft
$643
HOA
$641.41
Days on market
-
Sold On
-
MLS number
25569967
Home ConditionExcellent
Features
Excellent View: City Lights, Hills
ViewCity Lights,Hills

About this home

Welcome to Penthouse 1, the premier top-floor residence at The Element Building. This spacious 2-bedroom, 2-bath condo offers a contemporary open layout with sweeping city views, including the Hollywood Sign and Koreatown skyline. Designed for modern living, the home features wide-plank hardwood floors, recessed lighting, and plenty of windows that fill the space with natural light.The sleek kitchen is appointed with polished quartz countertops, a custom glass and natural stone backsplash, modern cabinetry, and premium stainless steel appliancesincluding a refrigerator, range, and dishwasher. The oversized primary bedroom features balcony access, a walk-in closet, and an en-suite bath, while the secondary bedroom provides generous space and privacy. A dedicated laundry room with a full-sized washer and dryer enhances convenience.Residents enjoy two side-by-side parking spaces and bicycle storage in a gated garage. Community amenities include a state-of-the-art fitness center with boxing and yoga areas, a landscaped courtyard with lounge seating, a community BBQ, and a pet-friendly dog walk.Located in the heart of Koreatown, The Element Building offers easy access to some of LA's best dining, cafes, and nightlife, from trendy Korean BBQ spots and cocktail lounges to local coffee shops. Just minutes from DTLA, Larchmont Village, and public transit via the Metro, this penthouse combines luxury living with vibrant city energy, making it an ideal home for those who love to work, play, and explore everything Los Angeles has to offer.

Condition Rating
Excellent

This property, built in 2015, is only 9 years old, fitting perfectly within the 'Excellent' criteria for properties built within 10 years. The description highlights a 'sleek kitchen' with 'polished quartz countertops,' 'modern cabinetry,' and 'premium stainless steel appliances,' which is visually confirmed by the images showing a contemporary and high-quality kitchen. The wide-plank hardwood floors and recessed lighting throughout the living areas, along with clean carpeting in the bedrooms and modern bathroom fixtures, indicate a property with virtually new components, minimal physical depreciation, and no deferred maintenance. It is move-in ready with a modern aesthetic.
Pros & Cons

Pros

Penthouse Status & Panoramic Views: As a premier top-floor penthouse, the residence offers sweeping city views, including the Hollywood Sign and Koreatown skyline, providing an elevated living experience.
Prime Koreatown Location & Connectivity: Situated in the vibrant heart of Koreatown, the property boasts easy access to diverse dining, nightlife, and cafes, with excellent proximity to DTLA, Larchmont Village, and public transit.
Modern Interior Finishes & Premium Kitchen: The condo features a contemporary open layout with wide-plank hardwood floors, recessed lighting, and a sleek kitchen equipped with quartz countertops, custom backsplash, and premium stainless steel appliances.
Comprehensive Building Amenities: Residents benefit from a state-of-the-art fitness center (with boxing/yoga), a landscaped courtyard, community BBQ, and a pet-friendly dog walk, enhancing lifestyle convenience.
Valued Parking & In-Unit Laundry: The inclusion of two side-by-side parking spaces in a gated garage and a dedicated in-unit laundry room with full-sized appliances adds significant practical value and convenience.

Cons

High Monthly Association Fee: The association fee of $641.41 per month is a significant ongoing cost that adds to the overall housing expense.
Condominium Lifestyle Constraints: As a condominium, the property entails shared walls, potential noise from neighbors, and adherence to HOA rules and regulations, which may not appeal to all buyers seeking maximum privacy or autonomy.
Limited Private Outdoor Space: While the primary bedroom offers balcony access, the property does not appear to feature extensive private outdoor living areas, which some penthouse buyers might expect.

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