
Los Angeles, California 90015
This Turnkey Condominium is a Strong Value Opportunity, listed at $839,000—positioned well below the $848,173 Fair Market Value by 1%. This valuation gap offers $9,173 in Instant Equity. Featuring an Excellent Condition Rating with brand-new GE Profile appliances and hardwood floors, this 11th-floor corner residence offers a Dual Primary Suite Layout and Panoramic City Views. Located in the heart of South Park, it provides a premium urban lifestyle. This is an ideal acquisition for Owner-Occupants or Urban Professionals seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 717 W Olympic Boulevard 1102 Subject 2 bd · 2 ba · 1,380 sqft · $615 | $839,000* List Price | 2 | 2 | 1,380 | $615 | - |
A 1155 S Grand Avenue 508 Sold 2 bd · 2 ba · 1,480 sqft · $597 · 0.3 mi | $884,000 | 2 | 2 | 1,480 | $597 | 0.3 mi |
B 1111 S Grand Avenue 1211 Sold 2 bd · 2 ba · 1,780 sqft · $584 · 0.3 mi | $1,040,000 | 2 | 2 | 1,780 | $584 | 0.3 mi |
C 645 W 9th Street 715 Sold 2 bd · 2 ba · 960 sqft · $613 · 0.2 mi | $588,000 | 2 | 2 | 960 | $613 | 0.2 mi |
D 600 W 9th Street 516 Sold 2 bd · 2 ba · 1,264 sqft · $506 · 0.1 mi | $640,000 | 2 | 2 | 1,264 | $506 | 0.1 mi |
E 900 W Olympic Boulevard 30c Active 1 bd · 2 ba · 1,270 sqft · $760 · 0.2 mi | $965,000 List Price | 1 | 2 | 1,270 | $760 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2008, the unit has undergone a very recent high-end renovation featuring brand-new stainless-steel GE Profile appliances, new hardwood flooring, and updated Kohler fixtures. As a newly converted condominium residence with modern systems and mint-condition finishes, it meets the criteria for excellent condition.
The 1,380-square-foot corner floor plan features two spacious primary suites with walk-in closets and ensuite baths, offering maximum privacy and functionality for roommates or guests.
Situated on the 11th floor with north and west exposures, the residence boasts expansive windows and a private balcony that provide abundant natural light and panoramic city views.
Recently refreshed with new hardwood flooring, GE Profile appliances, and Kohler fixtures, complemented by luxury building amenities including a 24-hour concierge and two assigned parking spaces.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1380, other record living area = 6952.
The property was recently sold within the past year on 2025-12-31. The sold price is $68,800,000.00.
At over $1,500 per month, the association fees are significantly high, which may impact the overall affordability and debt-to-income ratio for potential buyers.
Corner Exposures. Abundant Light. Two Primary Suites. Enjoy expansive city views and all day natural light in Residence 1102 at The Chelsea at 717 Olympic. Located on the 11th floor, this 1,380-square-foot, two-bedroom, two-bathroom corner residence features west- and north-facing exposures, expansive windows, and a private balcony overlooking the city. The generous open living and dining area provides plenty of room for relaxing and entertaining, with a thoughtfully designed layout that offers both openness and privacy. The contemporary kitchen features brand-new stainless-steel GE Profile appliances and a center island with additional counter space for cooking and gathering. New hardwood flooring and Kohler fixtures complement the interiors, while two spacious bedroom suites, each with its own ensuite bathroom and walk-in closet, offer comfort and privacy. One ensuite features a double vanity and bathtub/shower, while the second offers a walk-in shower. A large built-in desk with additional storage creates a dedicated workspace, while an in-residence washer and dryer and two assigned parking spaces add everyday convenience. The Chelsea introduces newly converted condominium residences in Downtown Los Angeles, with refreshed common areas and amenities including a swimming pool, fitness center, co-working spaces, and 24-hour concierge service. Situated in South Park, The Chelsea places residents moments from L.A. LIVE, Crypto.com Arena, the Grammy Museum, and an array of dining, entertainment, and neighborhood destinations. Own in the heart of Downtown LA. Discover The Chelsea and schedule your private tour today. Photos may depict a similar residence and may not represent the actual unit offered for sale. Layouts, views, finishes, and features may vary.
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 | 1,380 | 1,252.996 |
| Lot Size | 17,621 | 26,029.603 |
| Price | $839.0K | $778.5K |
| Price per sq ft | $608 | $629 |
| Built year | 2008 | 1981 |
| HOA | $1504.31 | $676 |
| Days on market | 16 | 74 |
Oct 24, 2026
$839,000
Initial Listing
Dec 31, 2025
$68,800,000
Public Record
Dec 16, 2019
$47,094,000
Public Record