716 New Depot B, Los Angeles, California 90012, Los Angeles, 90012 - 2 bed, 2 bath
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Los Angeles, California 90012
Analysis of 716 New Depot B, Los Angeles, California 90012 is currently available with a list price of $519,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1989 (35 years old), the property has received recent cosmetic updates including new laminate flooring, carpet, and paint. However, the kitchen cabinets, tile countertops, and bathroom fixtures appear to be original or dated, requiring modernization to meet current standards. While move-in ready, the core systems and wet areas exceed the 20-year threshold for a 'Good' rating.
Situated in the heart of Chinatown, this property offers exceptional walkability and proximity to Downtown LA, Dodger Stadium, and major public transportation hubs.
The residence features a freshly repainted interior, new laminate flooring, and new carpeting throughout the stairs and hallway, providing a move-in-ready experience.
At a list price of $519,000 for a two-bedroom unit in the 90012 zip code, this property represents a highly accessible opportunity for first-time buyers or urban investors.
The reported association fee of $2,300 is significantly high relative to the property's value, which may impact buyer affordability and overall monthly carrying costs.
With only 802 square feet of living area for a two-bedroom layout, the interior dimensions are quite limited, which may feel restrictive for families or those requiring extra storage.
Welcome to 716 New Depot St, Unit B, situated in the Chinatown district of Los Angeles. This well-located residence offers the perfect blend of urban convenience and comfortable living, with easy access to Downtown LA, Dodger Stadium, local restaurants, shopping, and public transportation. The interior has been freshly repainted and features new laminate flooring throughout, along with new carpet on the staircase and upstairs hallway. The spacious layout includes two well-sized bedrooms, offering comfortable accommodations with ample space for relaxation, a home office, or guests. Enjoy the excitement and culture of city living while being just minutes from some of Los Angeles’ most popular destinations. With its updated interior, prime location, and convenient access to everything LA has to offer, this home is a wonderful opportunity to experience the best of urban living.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-6 • 0.7 mi
Grades K-6 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 802 | 1,690 |
| Lot Size | 7,015 | 21,837 |
| Price | $519.0K | $951.3K |
| Price per sq ft | $647 | $610 |
| Built year | 1989 | 1984 |
| HOA | $2300.0 | $712 |
| Days on market | 29 | 63 |
Jun 23, 2026
$519,000
Initial Listing