515 N Jackson Street 211, Los Angeles, California 91206, Los Angeles, 91206 - 1 bed, 1 bath
ACTIVE$460,000
515 N Jackson Street 211, Los Angeles, California 91206
1Bed
1Bath
680Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Recent Updates: The unit was remodeled just 5 years ago, suggesting modern finishes and reduced immediate renovation needs for a new owner.
Top Cons:
Elevated Association Fees: The monthly association fee of $475 is relatively high for a 680 sqft condominium, impacting affordability and overall cost of ownership.
Compared to the nearby listings
Price:$460.0K vs avg $625.0K ($-165,000)12%
Size:680 sqft vs avg 1,134 sqft5%
Price/sqft:$676 vs avg $58193%
More Insights
Built in 1975 (50 years old).
Condition: This property was extensively remodeled just 5 years ago, which aligns perfectly with the 'Excellent' criteria for properties renovated within the last 5 years. The description highlights 'new central air,' and the visible images showcase modern updates including hardwood flooring, recessed lighting, a contemporary walk-in closet system, and updated common areas (hallway, elevator). While specific photos of the kitchen and bathroom are not provided, the comprehensive nature of a 'remodeled' property typically includes these key areas, and the overall aesthetic suggests high-quality, recent finishes throughout. The property appears to have minimal physical depreciation and meets current quality standards.
Year Built
1975
Close
-
List price
$460K
Original List price
$492K
Price/Sqft
$676
HOA
$475
Days on market
-
Sold On
-
MLS number
P1-24882
Home ConditionExcellent
Features
Good View: None
Deck
Pool
View-
About this home
Remodeled 5 years ago, View of the pool, walk in closet, 2 storage units in garage and new central air, Fireplace
Condition Rating
Excellent
This property was extensively remodeled just 5 years ago, which aligns perfectly with the 'Excellent' criteria for properties renovated within the last 5 years. The description highlights 'new central air,' and the visible images showcase modern updates including hardwood flooring, recessed lighting, a contemporary walk-in closet system, and updated common areas (hallway, elevator). While specific photos of the kitchen and bathroom are not provided, the comprehensive nature of a 'remodeled' property typically includes these key areas, and the overall aesthetic suggests high-quality, recent finishes throughout. The property appears to have minimal physical depreciation and meets current quality standards.
Pros & Cons
Pros
Recent Updates: The unit was remodeled just 5 years ago, suggesting modern finishes and reduced immediate renovation needs for a new owner.
Modern Climate Control: Equipped with new central air conditioning, providing efficient and comfortable climate control, a significant upgrade for a building of its age.
Valuable Storage: Includes two dedicated storage units in the garage, offering rare and highly sought-after additional space for residents.
Desirable Amenity View: Offers a pleasant view of the pool, enhancing the living experience and providing a resort-like ambiance.
Functional Layout Feature: Features a walk-in closet, providing ample and organized storage space within the unit.
Cons
Elevated Association Fees: The monthly association fee of $475 is relatively high for a 680 sqft condominium, impacting affordability and overall cost of ownership.
Recent Price Reduction: The property has undergone a price reduction from $492,000 to $460,000, which may indicate market resistance or initial overpricing.
Building Age: Constructed in 1975, the building is older, which could imply potential for higher maintenance costs for common areas or less modern infrastructure outside of the unit's recent remodel.