
Los Angeles, California 90015
This Turnkey Condominium is a Strong Value Opportunity, listed at $639,000—positioned well above the $595,674 Fair Market Value by 7%. While the price reflects a premium, the unit features an Excellent Condition Rating with brand-new GE Profile appliances and hardwood flooring. Residents enjoy a Spacious Corner Layout with floor-to-ceiling windows, city skyline views, and access to premium amenities like a pool and 24-hour concierge. Located in the heart of South Park, this residence is an ideal choice for Urban Professionals or Owner-Occupants seeking a sophisticated, move-in-ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 717 W Olympic Boulevard 1607 Subject 1 bd · 1 ba · 1,011 sqft · $589 | $639,000* List Price | 1 | 1 | 1,011 | $589 | - |
A 1100 South Hope St 1006 Sold 1 bd · 1 ba · 1,007 sqft · $497 · 0.2 mi | $500,000 | 1 | 1 | 1,007 | $497 | 0.2 mi |
B 1100 S Hope Street 914 Sold 1 bd · 1 ba · 947 sqft · $523 · 0.2 mi | $495,000 | 1 | 1 | 947 | $523 | 0.2 mi |
C 901 S Flower Street 714 Sold 1 bd · 1 ba · 910 sqft · $582 · 0.1 mi | $530,000 | 1 | 1 | 910 | $582 | 0.1 mi |
D 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 |
E 1155 S Grand Avenue 1103 Sold 1 bd · 2 ba · 1,120 sqft · $513 · 0.3 mi | $575,000 | 1 | 2 | 1,120 | $513 | 0.3 mi |
F 600 W 9th Street 305 Sold 2 bd · 2 ba · 1,193 sqft · $482 · 0.1 mi | $575,000 | 2 | 2 | 1,193 | $482 | 0.1 mi |
G 645 W 9th Active 1 bd · 1 ba · 780 sqft · $577 · 0.2 mi | $450,000 List Price | 1 | 1 | 780 | $577 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2008, the property has undergone a recent conversion and renovation (less than 5 years) featuring brand-new stainless-steel GE Profile appliances, new hardwood flooring, and modern Kohler fixtures. The unit is in mint, move-in-ready condition with updated finishes throughout.
Situated in the heart of Downtown LA's South Park district, the property offers unparalleled walkability to L.A. LIVE, Crypto.com Arena, and a high concentration of premier dining and entertainment.
At 1,011 square feet, this oversized one-bedroom residence features a southeast-facing corner position with floor-to-ceiling windows and a private balcony, maximizing natural light and city views.
The unit is equipped with brand-new GE Profile stainless-steel appliances, new hardwood flooring, and premium Kohler fixtures, providing a contemporary, move-in-ready aesthetic.
The property was recently sold within the past year on 2025-12-31. The sold price is $68,800,000.00.
The association fee of $1,402.53 is significantly high for a one-bedroom unit, which may deter budget-conscious buyers and impact overall affordability.
The listing disclosure that photos may depict a similar residence rather than the actual unit creates uncertainty regarding the specific condition and exact finishes of unit 1607.
Morning Light. Corner Views. A Fresh Perspective on Downtown Living. Wake up to beautiful morning sunlight in this southeast-facing corner residence at The Chelsea at 717 Olympic. Located on the 16th floor, this oversized 1,011-square-foot, 1-bedroom, 1-bathroom home features floor-to-ceiling windows that fill the living spaces with natural light, plus a private balcony overlooking the city. The open-concept living and dining areas offer a comfortable setting for everyday living and entertaining, complemented by new hardwood flooring and a contemporary kitchen featuring brand-new stainless-steel GE Profile appliances. Kohler fixtures add a refined touch, while a walk-in closet, in-residence washer and dryer, and one assigned parking space provide 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. Located in South Park, residents are moments from L.A. LIVE, Crypto.com Arena, the Grammy Museum, and an array of dining, entertainment, and neighborhood destinations. Discover The Chelsea. 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 | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,011 | 1,252.996 |
| Lot Size | 17,621 | 26,029.603 |
| Price | $639.0K | $778.5K |
| Price per sq ft | $632 | $629 |
| Built year | 2008 | 1981 |
| HOA | $1402.53 | $676 |
| Days on market | 16 | 74 |
Oct 24, 2026
$639,000
Initial Listing
Dec 31, 2025
$68,800,000
Public Record
Dec 16, 2019
$47,094,000
Public Record