456 Shatto Place 18, Los Angeles, California 90020, Los Angeles, 90020 - 3 bed, 3 bath
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456 Shatto Place 18
Los Angeles, California 90020
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,259Sq Ft
18,929Lot Size
Property Price
LIST PRICE$750,000
EST. MARKET VALUE
$712,756
5% AboveMARKET VALUE
SUMMARY
This Tri-Level Condominium represents a High-Potential Investment Opportunity, listed at $750,000—positioned well above the $673,524 Fair Market Value by -11%. While the property requires cosmetic updates given its Fair Condition Rating, it offers rare outdoor amenities including a fenced backyard, master balcony, and kitchen patio. Located in the heart of Koreatown with proximity to Metro lines, this asset provides significant lifestyle convenience. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a transit-rich urban center.
Estimated Market Value
$712,756
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 456 Shatto Place 18 Subject | $750,000* List Price | 3 | 3 | 1,259 | $566 | - |
A 540 S Kenmore Avenue 303 Sold | $768,000 | 2 | 2 | 1,250 | $614 | 0.4 mi |
B 3223 W 6th Street 808 Sold | $690,000 | 1 | 2 | 1,490 | $463 | 0.2 mi |
C 417 S Westmoreland Avenue 404 Pending | $699,000 List Price | 3 | 2 | 1,380 | $507 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2002, this 24-year-old property falls into the 'Fair' category. While functional and move-in ready, the interior finishes—specifically the bathroom tile and vanity—appear original to the construction date and are now dated. It requires minor cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Urban Location
Situated in the heart of Koreatown, the property offers exceptional transit-oriented convenience with close proximity to the Purple and Red Metro lines, parks, and a diverse array of dining and shopping.
- Rare Outdoor Amenities
This tri-level end unit features a private fenced backyard, a secluded master balcony, and a dedicated kitchen patio, providing significantly more outdoor living space than typical Los Angeles condominiums.
- Low Carrying Costs & Parking
The property features a very competitive $380 monthly HOA fee and includes two side-by-side parking spaces, offering substantial long-term value and convenience in a high-density neighborhood.
CONSRISKS & DEFICIENCIES
- Local School Ratings
The majority of the assigned public schools in the immediate area have lower performance ratings, which may be a drawback for families prioritizing high-scoring educational districts.
- Tri-Level Layout Constraints
The tri-level configuration across 1,259 square feet necessitates frequent stair use and results in smaller individual floor plates, which may not appeal to buyers seeking a more traditional or accessible floor plan.
About 456 Shatto Place 18
Here is a chance to move into a condominium with 2 side by side parkings with a very low HOA fee in Korea-town. Opportunity to own an end unit that has tri-level with a fenced back yard just for you. Top floor where the master bedroom is located has closets and a balcony that is very private. The kitchen is open and spacious with a patio of its own. Two other bedrooms are on a separate level. It is located close to parks, restaurants, markets and public transportations including Purple and Red Metro trains on Vermont Ave. and Wilshire Blvd. HOA fee includes trash, bldg. insurance and water.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2002
- Lot Size
- 18,929 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $380.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Frank Del Olmo Elementary School
Grades K-6 • 0.6 mi
4/10
Dr. Sammy Lee Medical And Health Science Magnet Elementary
Grades K-5 • 0.6 mi
7/10
Hoover Street Elementary School
Grades K-5 • 0.7 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,259 | 1,219.385 |
| Lot Size | 18,929 | 27,236.074 |
| Price | $750.0K | $800.2K |
| Price per sq ft | $596 | $650 |
| Built year | 2002 | 1979 |
| HOA | $380.0 | $685 |
| Days on market | 61 | 72 |
Pricing History
Listed for Sale
Jul 10, 2026
$750,000
Initial Listing
Sold
Jun 15, 2016
$530,000
Public Record
Sold
Aug 11, 2010
$349,003
Public Record
Sold
May 18, 2006
$62,000
Public Record
Sold
Mar 22, 2005
$535,000
Public Record