
Los Angeles, California 90020
This Modern Turnkey Penthouse is listed at $739,000, representing a stable and competitive entry into the high-demand Koreatown market near its $710,728 Fair Market Value. Boasting an Excellent Condition Rating, this 2015-built residence features wide-plank hardwood floors, a contemporary quartz kitchen, and a private balcony offering unobstructed Hollywood Sign and city skyline views. Residents enjoy a premium lifestyle with a boxing-equipped fitness center, pet-friendly amenities, and secure side-by-side parking. This sophisticated urban sanctuary is perfectly suited for Urban Professionals or First-Time Buyers seeking a polished, maintenance-free home in a vibrant, walkable neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 436 S Virgil Avenue Ph 1 Subject | $739,000* List Price | 2 | 2 | 1,164 | $611 | - |
A 436 S Virgil Avenue 503 Sold | $647,000 | 2 | 2 | 1,040 | $622 | 0.0 mi |
B 436 S Virgil Avenue 501 Sold | $675,000 | 2 | 2 | 1,110 | $608 | - |
C 525 S Berendo Street 405 Sold | $631,000 | 2 | 2 | 1,071 | $589 | 0.5 mi |
D 436 S Virgil Avenue 514 Sold | $650,000 | 2 | 2 | 1,110 | $586 | - |
E 431 S Kingsley Drive 108 Sold | $620,000 | 2 | 2 | 1,199 | $517 | 0.9 mi |
F 424 S Westmoreland Avenue 204 Sold | $560,000 | 2 | 2 | 1,035 | $541 | 0.1 mi |
G 436 S Virgil Avenue 313 Active | $645,000 List Price | 2 | 2 | 1,040 | $620 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This penthouse unit, built in 2015, is only 9 years old and presents as virtually new. The description highlights a 'bright, modern' layout with 'wide-plank hardwood floors' and 'recessed lighting.' The kitchen is 'clean and contemporary' with 'polished quartz countertops, a custom glass and natural stone backsplash, modern cabinetry, and stainless steel appliances.' Images confirm the pristine condition of the kitchen and bathrooms, featuring modern vanities, fixtures, and tiling. All systems and finishes are current, well-maintained, and show no signs of deferred maintenance or significant wear, aligning perfectly with the 'excellent' criteria for a property built within 10 years with new or virtually new components.
As Penthouse 1, the unit offers expansive city views, including the Hollywood Sign and Koreatown skyline, enhancing its desirability and value.
The open floor plan features wide-plank hardwood floors, recessed lighting, and a contemporary kitchen with polished quartz countertops, custom glass/natural stone backsplash, modern cabinetry, and stainless steel appliances.
Residents benefit from a full fitness center (with boxing/yoga areas), a landscaped courtyard with lounge seating, community BBQ, pet-friendly dog walk, and secure gated parking with bicycle storage.
The monthly association fee of $641.41 is a notable ongoing expense that potential buyers must consider in their budget.
Despite being a penthouse, its central location in a dense, vibrant urban area like Koreatown may expose residents to ambient city noise.
While it includes a balcony, the private outdoor space is limited, which might not appeal to buyers seeking larger private terraces or yards.
Penthouse 1 sits at the very top of The Element Building and offers a bright, modern 2-bedroom, 2-bath layout with amazing city views, including the Hollywood Sign and the Koreatown skyline. The open floor plan feels airy and comfortable, with wide-plank hardwood floors, recessed lighting, and lots of windows that bring in natural light throughout the day. The kitchen is clean and contemporary, featuring polished quartz countertops, a custom glass and natural stone backsplash, modern cabinetry, and stainless steel appliancesincluding a refrigerator, range, and dishwasher. The spacious primary bedroom opens to the balcony and includes a walk-in closet and a private en-suite bath. The second bedroom is well-sized and offers great privacy. A separate laundry room with a full-size washer and dryer adds everyday convenience. This penthouse comes with two side-by-side parking spaces and bicycle storage in a gated garage. Residents also enjoy access to a full 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 puts you close to some of LA's best restaurants, cafes, and nightlifefrom popular Korean BBQ spots to cocktail lounges and local coffee shops. With quick access to DTLA, Larchmont Village, and the Metro, this penthouse offers a great mix of comfort, style, and vibrant city living.
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 | 1,164 | 1,071 | 59% |
| Lot Size | 31,559 | 31,559 | 50% |
| Price | $739.0K | $612.0K | 70% |
| Price per sq ft | $635 | $559 | 78% |
| Built year | 2015 | 1987 | 86% |
| HOA | $641.41 | $485 | 78% |
| Days on market | 90 | 181 | 14% |
Jan 22, 2026
$739,000
Initial Listing