533 S St Andrews Place 318, Los Angeles, California 90020, Los Angeles, 90020 - 1 bed, 1 bath
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533 S St Andrews Place 318
Los Angeles, California 90020
ACTIVE UNDER CONTRACT
CONDITION: FAIR
1Beds
1Baths
824Sq Ft
33,844Lot Size
Property Price
LIST PRICE$399,000
EST. MARKET VALUE
$422,961
5% BelowMARKET VALUE
SUMMARY
This 1-bedroom condominium presents a Strong Value Opportunity, listed at $399,000—positioned well below the $422,962 Fair Market Value by 5%. This valuation gap offers $23,962 in Instant Equity for the buyer. With a Condition Rating of 4, the unit features modern updates like stainless steel appliances, though it retains a dated aesthetic. Residents enjoy Iconic Hollywood Sign Views, a pool, and EV charging. This is an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a well-connected Koreatown asset.
Estimated Market Value
$422,961+$23,961 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 533 S St Andrews Place 318 Subject | $399,000* List Price | 1 | 1 | 824 | $513 | - |
A 320 S Ardmore Avenue 236 Sold | $322,000 | 1 | 1 | 566 | $569 | 0.7 mi |
B 533 S St Andrews Place 104 Pending | $369,000 List Price | 1 | 1 | 708 | $521 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1987 (37 years old), placing it in the >20-year category. While the interior shows some cosmetic updates such as laminate flooring and stainless steel appliances, other areas like the drop-tile ceilings in the closets and the general age of the building systems indicate the unit is dated and likely requires minor repairs or modernizing to be considered top-tier.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Central Location
Situated in the heart of Koreatown, the property offers exceptional walkability to the Metro, The Wiltern, and Larchmont Village, providing a highly connected urban lifestyle.
- Iconic Hollywood Views
This third-floor unit features a bright north-facing exposure that captures a unique and sought-after view of the Hollywood Sign and surrounding mountains.
- Robust Community Amenities
The gated complex includes high-demand features such as a pool, EV charging stations, and ample guest parking, which is a significant rarity in this high-density neighborhood.
CONSRISKS & DEFICIENCIES
- Underperforming Local Schools
The majority of the immediate neighborhood schools carry lower performance ratings, which may be a deterrent for families prioritizing educational rankings.
- Aging Building Profile
Constructed in 1987, the property may require more frequent maintenance or cosmetic modernizations to compete with the newer luxury developments in the area.
About 533 S St Andrews Place 318
A wonderful opportunity to own a spacious 1-bedroom, 1-bathroom condo in the heart of Koreatown. Located on the 3rd floor, this approximately 824 SF home enjoys a bright north-facing exposure and a unique view of the iconic Hollywood Sign. The comfortable layout offers generous living space and a welcoming atmosphere for everyday living.The gated community features a pool, landscaped courtyard, assigned parking, ample guest parking, and an EV charging station. Conveniently located close to Ralphs, The Wiltern, Larchmont Village, Metro, and the many restaurants, cafs, and shops that make Koreatown one of LA's most vibrant neighborhoods. A great opportunity to enjoy central Los Angeles living in a well-connected location.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1987
- Lot Size
- 33,844 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $413.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Wilshire Park Elementary School
Grades K-5 • 0.3 mi
6/10
Wilton Place Elementary School
Grades K-5 • 0.4 mi
3/10
Charles H. Kim Elementary School
Grades K-5 • 0.5 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 824 | 1,219.385 |
| Lot Size | 33,844 | 27,236.074 |
| Price | $399.0K | $800.2K |
| Price per sq ft | $484 | $650 |
| Built year | 1987 | 1979 |
| HOA | $413.0 | $685 |
| Days on market | 28 | 72 |
Pricing History
Listed for Sale
Aug 12, 2026
$399,000
Initial Listing
Sold
Apr 19, 1999
$72,000
Public Record