
Los Angeles, California 90020
This 1-bedroom condominium represents a Strong Value Opportunity, listed at $429,000—positioned well below the $430,986 Fair Market Value by 0.46%. This valuation gap offers $1,986 in Instant Equity. With a Fair Condition Rating, the unit features a private balcony, community pool, and assigned parking. While the building reflects its 1987 construction, the functional layout and prime Koreatown location provide a stable asset. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking entry into a vibrant urban market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 533 S St Andrews Place 203 Subject | $429,000* List Price | 1 | 1 | 795 | $542 | - |
A 533 S St Andrews Place 416 Sold | $413,000 | 1 | 1 | 795 | $519 | 0.0 mi |
B 533 S St Andrews Place 420 Sold | $520,000 | 2 | 2 | 972 | $535 | 0.0 mi |
C 320 S Ardmore Avenue 236 Sold | $322,000 | 1 | 1 | 566 | $569 | 0.7 mi |
D 533 S St Andrews Place 203 Active | $429,000 List Price | 1 | 1 | 795 | $540 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987 (37 years old), the property is well-maintained and move-in ready but remains largely dated. While it features a brand new dishwasher and fresh paint/flooring, the kitchen cabinetry and bathroom appear to be older than 20 years. It avoids a 'poor' rating due to its functional condition and lack of structural defects, but fits the 'fair' criteria as it will eventually require aesthetic and system updates.
Situated in the heart of Koreatown, this property offers exceptional walkability to Larchmont Village, The Wiltern, and a world-class array of dining and nightlife, making it ideal for urban professionals.
With nearly 800 square feet of living space, the unit features a generous open-concept floor plan and a private balcony that maximizes natural light, providing a sense of volume rarely found in one-bedroom condos.
The property includes highly desirable perks such as assigned parking plus rare guest parking, a community pool, and the added convenience of laundry facilities located on the same floor as the unit.
Built in 1987, the unit and common areas may require cosmetic modernizations to compete with the newer luxury residential developments currently trending in the Koreatown market.
The majority of the immediate public schools carry lower performance ratings, which could be a limiting factor for families or long-term investors focused on school district appreciation.
Welcome to this bright and inviting 1-bedroom, 1-bathroom condominium in the heart of Koreatown, one of Los Angeles' most vibrant and centrally located neighborhoods. Thoughtfully designed, this home features an open, functional layout, abundant natural light, and a private balcony that extends the living space outdoors.The spacious living room is filled with natural light and opens directly to the balcony, creating a comfortable setting for relaxing or entertaining. Adjacent to the living area, the dining space flows seamlessly into the kitchen, which features a charming passthrough window, a Frigidaire range, and a brand new dishwasher. The generously sized bedroom offers soft natural light and ample closet space, with full bathroom. Additional highlights include one assigned parking space, plentiful guest parking, access to the community pool, and a community laundry room conveniently located on the same floor.Ideally situated, you'll enjoy easy access to Ralphs, The Wiltern, Larchmont Village, and Koreatown's celebrated dining, shopping, cafs, and nightlife. With its comfortable layout, natural light, private outdoor space, and exceptional location, this home offers the perfect blend of convenience and city living.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 795 | 1,243 |
| Lot Size | 33,844 | 24,016 |
| Price | $429.0K | $805.6K |
| Price per sq ft | $540 | $659 |
| Built year | 1987 | 1981 |
| HOA | $413.0 | $684 |
| Days on market | 6 | 71 |
Jul 16, 2026
$429,000
Initial Listing