581 W Ave 28, Los Angeles, California 90065, Los Angeles, 90065 - 2 bed, 2 bath
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581 W Ave 28
Los Angeles, California 90065
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
840Sq Ft
0Lot Size
Property Price
LIST PRICE$599,000
EST. MARKET VALUE
$578,315
3% AboveMARKET VALUE
SUMMARY
This Stunning Move-In Ready Home is listed at $599,000, positioned slightly above the $584,986 Fair Market Value. As a Turn-Key Residential Asset, the property features a Mint Condition Rating with modern finishes and new HVAC systems, ensuring a stress-free transition. Located just 0.18 miles from the highly-rated Mt. Washington Elementary School, this residence offers a premium lifestyle in the heart of Cypress Park. With its contemporary layout and private patio, this home is the perfect fit for first-time buyers or urban professionals seeking a polished, low-maintenance sanctuary.
Estimated Market Value
$578,315
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 |
|---|---|---|---|---|---|---|
★ 581 W Ave 28 Subject | $599,000* List Price | 2 | 2 | 840 | $688 | - |
A 575 W Ave 28 Active | $549,000 List Price | 2 | 2 | 835 | $657 | 0.0 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.
Newly built/fully renovated home with modern finishes, new mini-split HVAC systems, and contemporary flooring. The property is in mint condition, move-in ready, and requires no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Turn-Key Condition
This newly built home is move-in ready with contemporary finishes and a modern open layout, offering a high-quality living experience without the need for immediate renovations.
- Prime Location
Situated in the heart of vibrant Cypress Park, the property provides excellent proximity to DTLA, Highland Park, and Atwater Village, making it ideal for urban professionals.
- Top-Rated School Proximity
The home is located just 0.18 miles from Mt. Washington Elementary School, which boasts a strong 7/10 rating, adding significant value for families and future resale.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 840, other record living area = 690. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
- Limited Square Footage
With only 840 square feet for a two-bedroom, two-bathroom configuration, the interior living space may feel compact for some buyers.
- Condominium Ownership
As a condominium, the property includes shared walls and a monthly association fee, which may deter buyers looking for the autonomy of a single-family residence.
About 581 W Ave 28
Nestled in the heart of vibrant Cypress Park, this beautiful newly built 2-bedroom, 2-bath home offers the perfect blend of modern style and neighborhood charm. Thoughtfully updated from top to bottom, the home features a bright, open layout with contemporary finishes, an inviting living space, and a sleek kitchen designed for both everyday living and effortless entertaining. The spacious bedroom provides a peaceful retreat, while the stylishly renovated bathroom adds a touch of luxury. Whether you're a first-time buyer, looking to downsize, or searching for the perfect investment opportunity, this home delivers comfort, character, and exceptional value. Ideally situated just moments from local favorites including neighborhood cafs, acclaimed restaurants, boutique shopping, and nearby parks, with easy access to Highland Park, Atwater Village, Downtown Los Angeles, and major freeways. Move-in ready and full of charm, this Cypress Park gem is one you won't want to miss.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 0
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $250.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Mt. Washington Elementary School
Grades K-6 • 0.2 mi
7/10
Aldama Elementary School
Grades K-6 • 0.6 mi
3/10
Aragon Avenue Elementary School
Grades K-5 • 0.9 mi
2/10
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 | 840 | 1,219.385 |
| Lot Size | - | 27,236.074 |
| Price | $599.0K | $800.2K |
| Price per sq ft | $713 | $650 |
| Built year | 0 | 1979 |
| HOA | $250.0 | $685 |
| Days on market | 34 | 72 |
Pricing History
Listed for Sale
Aug 6, 2026
$599,000
Initial Listing
Sold
Apr 23, 2002
$280,000
Public Record