533 S St Andrews Place 408, Los Angeles, California 90020, Los Angeles, 90020 - 2 bed, 2 bath
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533 S St Andrews Place 408
Los Angeles, California 90020
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,112Sq Ft
33,844Lot Size
Property Price
LIST PRICE$629,000
EST. MARKET VALUE
$656,665
4% BelowMARKET VALUE
SUMMARY
This Stunning Top-Floor Condo is a Prime Investment Opportunity, listed at $629,000—positioned well below the $646,615 Fair Market Value by 2%. This valuation gap offers $17,615 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the unit boasts a modern renovation with premium finishes and central HVAC. Located near top-rated schools like Charles H. Kim Elementary, this residence offers a vibrant lifestyle for first-time buyers or owner-occupants seeking a move-in ready, secure, and well-maintained urban sanctuary.
Estimated Market Value
$656,665+$27,665 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 408 Subject | $629,000* List Price | 2 | 2 | 1,112 | $591 | - |
A 533 S St Andrews Place 420 Sold | $520,000 | 2 | 2 | 972 | $535 | 0.0 mi |
B 358 S Gramercy Place 306 Sold | $612,000 | 2 | 2 | 1,148 | $533 | 0.2 mi |
C 540 S Kenmore Avenue 303 Sold | $768,000 | 2 | 2 | 1,250 | $614 | 0.9 mi |
D 433 S Manhattan Place 108 Active | $630,000 List Price | 2 | 2 | 1,084 | $581 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While the building was constructed in 1987, the unit has undergone a high-end, modern renovation likely within the last 5 years. The kitchen features contemporary flat-panel cabinetry, quartz countertops, and premium black stainless steel appliances. The interior shows mint condition with updated flooring, recessed lighting, and central HVAC, meeting the criteria for a recent top-tier renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Top-Floor Living
As a top-floor unit with soaring ceilings and abundant natural light, this residence offers a sense of space and privacy without the noise of upstairs neighbors.
- Prime Central Location
Situated at the intersection of Mid-Wilshire and Hancock Park, the property provides exceptional access to Koreatown’s vibrant dining scene and upscale shopping.
- Move-In Ready Condition
The condo features thoughtful post-purchase updates and stylish finishes throughout, offering a contemporary aesthetic that requires no immediate renovation.
CONSRISKS & DEFICIENCIES
- Tandem Parking
The two assigned parking spaces are in a tandem configuration, which can be less convenient for households with multiple active drivers.
- Lack of In-Unit Laundry
While laundry facilities are conveniently located on each floor, the absence of private washer and dryer hookups within the unit is a common drawback for modern buyers.
About 533 S St Andrews Place 408
Welcome to this beautifully maintained top-floor condo in the highly desirable Mid-Wilshire and Hancock Park neighborhood. Filled with natural light and featuring soaring ceilings, this spacious 2-bedroom, 2-bath residence offers an open and airy floor plan designed for comfortable everyday living. Thoughtfully upgraded after purchase, the home showcases tasteful finishes and is in excellent turnkey condition, allowing you to move right in and enjoy. Relax on your private balcony, and appreciate the comfort of central heating and air conditioning, along with the convenience of two assigned tandem parking spaces. This secure, well-maintained community features gated access, a sparkling pool, a beautifully landscaped courtyard, laundry facilities on each floor, and a peaceful atmosphere. Ideally located near Hancock Park, Koreatown, popular restaurants, cafés, shopping, and entertainment, this home offers exceptional convenience with easy access to everything Los Angeles has to offer. Aggressively priced for today's market, this is an exceptional opportunity to own a beautifully maintained turnkey home in one of Los Angeles' most sought-after neighborhoods. Seller is motivated and welcomes reasonable offers.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1987
- Lot Size
- 33,844 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $578.0 / 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 | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,112 | 1,219.385 |
| Lot Size | 33,844 | 27,236.074 |
| Price | $629.0K | $800.2K |
| Price per sq ft | $566 | $650 |
| Built year | 1987 | 1979 |
| HOA | $578.0 | $685 |
| Days on market | 76 | 72 |
Pricing History
Listed for Sale
Jun 25, 2026
$629,000
Initial Listing
Sold
Dec 18, 2020
$540,000
Public Record