
Los Angeles, California 90017
This Strong Value Opportunity is a well-designed Condominium listed at $495,000, positioned well below the $529,294 Fair Market Value by 6%. This valuation gap provides $34,294 in Instant Equity for the buyer. Featuring a 10-foot ceiling height, Granite Kitchen, and two parking spaces, the unit maintains a Condition Rating of 3. Its prime Financial District location offers high rental demand, making this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile live/work space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 630 W 6th Street 505 Subject 2 bd · 2 ba · 1,180 sqft · $472 | $495,000* List Price | 2 | 2 | 1,180 | $472 | - |
A 801 S Grand Avenue 1306 Sold 2 bd · 2 ba · 1,200 sqft · $532 · 0.3 mi | $638,000 | 2 | 2 | 1,200 | $532 | 0.3 mi |
B 1100 Wilshire 3005 Sold 1 bd · 1 ba · 800 sqft · $540 · 0.5 mi | $432,000 | 1 | 1 | 800 | $540 | 0.5 mi |
C 655 S Hope Street 902 Active Under Contract 2 bd · 2 ba · 930 sqft · $457 · 0.1 mi | $425,000 List Price | 2 | 2 | 930 | $457 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained, functional, and move-in ready. Although the building dates back to 1962, it is a mid-century office conversion with interior finishes—such as the open kitchen's granite countertops and cabinetry—that appear to be from a 15-20 year old renovation. The unit features newer plumbing upgrades, clean hardwood flooring, and shows no signs of deferred maintenance.
Featuring the building's tallest ceilings at over 10 feet and expansive glass wall systems, the unit offers an exceptional sense of space and abundant natural light.
Situated in the heart of the Financial District near Whole Foods and Metro lines, the unit includes two dedicated parking spaces, a premium convenience for downtown living.
The 1,180 sqft layout includes two fully enclosed bedrooms for privacy and a large flexible living area, making it ideal for both residential and live/work use.
The monthly association fee of $1,079.88 is relatively high, which may deter budget-conscious buyers and impact the overall monthly carrying cost.
The current list price of $495,000 is significantly lower than the 2019 sale price of $675,000, indicating a notable decline in property value over recent years.
A well-designed 5th-floor residence at Library Court, featuring the tallest ceiling height in the building at over 10 feet. Expansive glass wall systems and oversized windows introduce abundant natural light while creating a strong sense of volume throughout the home. The oversized living and dining areas open into a broad, flexible entertaining space ideal for hosting, art display, or live/work use.The open kitchen is thoughtfully integrated into the main living area and offers granite countertops, stainless steel appliances, ample cabinetry, and a large island with breakfast bar seating. On the opposite side of the residence, two fully enclosed bedrooms are privately situated away from the common areas, each with high ceilings, plush carpeting, and large windows framed by the building's signature glass panels that provide soft, diffused light and privacy. The primary suite features dual closets and a private en-suite bath. Additional highlights include in-unit stacked laundry, newer plumbing upgrades, direct-access water shut-off valves, and two parking spaces. Library Court is a distinctive mid-century office conversion offering a Zen bamboo courtyard, fitness center, business lounge, game room, and a 24-hour attended lobby, all in a prime Financial District location near the Los Angeles Central Library, FIGat7th, Metro lines, Whole Foods, and acclaimed dining.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,180 | 1,252.996 |
| Lot Size | 26,615 | 26,029.603 |
| Price | $495.0K | $778.5K |
| Price per sq ft | $419 | $629 |
| Built year | 1962 | 1981 |
| HOA | $1079.88 | $676 |
| Days on market | 59 | 74 |
Sep 11, 2026
$495,000
Initial Listing
Mar 6, 2019
$675,000
Public Record
Apr 5, 2013
$505,000
Public Record
Aug 13, 2007
$582,500
Public Record