
Los Angeles, California 90015
This Turnkey Condominium is a Strong Value Opportunity, listed at $546,000—positioned well above the $517,906 Fair Market Value by -5%. Featuring an Excellent Condition Rating, this residence offers a modern lifestyle with brand-new GE Profile appliances, hardwood floors, and sweeping city views from the 25th floor. Residents enjoy premium amenities including a pool, fitness center, and 24-hour concierge in the heart of South Park. This property is an ideal choice for Urban Professionals or first-time buyers seeking a sophisticated, move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 717 W Olympic Boulevard 2501 Subject 1 bd · 1 ba · 805 sqft · $643 | $546,000* List Price | 1 | 1 | 805 | $643 | - |
A 645 W 9th Street 406 Sold 1 bd · 1 ba · 754 sqft · $511 · 0.2 mi | $385,000 | 1 | 1 | 754 | $511 | 0.2 mi |
B 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 |
C 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 |
D 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 |
E 939 S Broadway 404 Sold 1 bd · 1 ba · 750 sqft · $590 · 0.4 mi | $442,825 | 1 | 1 | 750 | $590 | 0.4 mi |
F 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 |
G 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 |
H 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.
The property is a newly converted condominium featuring a contemporary kitchen with brand-new stainless-steel GE Profile appliances, new hardwood flooring, and updated Kohler fixtures. Although built in 2008, the recent renovations and mint condition of the interior systems and finishes meet the criteria for excellent.
Situated on the 25th floor, this residence offers expansive 9.5-foot ceilings and sweeping city light views, providing a premium high-rise experience in the heart of South Park.
The unit features brand-new GE Profile stainless-steel appliances, new hardwood flooring, and a contemporary kitchen with a center island, ensuring a move-in-ready aesthetic.
Located moments from L.A. LIVE and Crypto.com Arena, the building offers luxury amenities including a 24-hour concierge, fitness center, and swimming pool.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 805, other record living area = 201754.
The property was recently sold within the past year on 2025-12-31. The sold price is $68,800,000.00.
The monthly association fee of $1,346.98 is significantly high for an 805-square-foot one-bedroom unit, which may impact the overall affordability and monthly carrying costs for buyers.
High-Floor Views. High Ceilings. Downtown Living. Experience Downtown LA from above in Residence 2501 at The Chelsea at 717 Olympic. Located on the 25th floor of this 27-story building, this 805-square-foot, one-bedroom, one-bathroom home features approximately 9.5-foot ceilings, expansive windows, and sweeping city views. The combination of generous ceiling height, natural light, and an elevated vantage point creates an open, airy feel throughout the residence. The open living and dining area provides a comfortable setting for relaxing and entertaining, complemented by new hardwood flooring and a contemporary kitchen featuring brand-new stainless-steel GE Profile appliances and a convenient center island. Kohler fixtures add a refined touch, while built-in bookshelves, a spacious walk-in closet, an in-residence washer and dryer, and one assigned parking space offer everyday functionality and 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. Your opportunity to 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 | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 805 | 1,252.996 |
| Lot Size | 17,621 | 26,029.603 |
| Price | $546.0K | $778.5K |
| Price per sq ft | $678 | $629 |
| Built year | 2008 | 1981 |
| HOA | $1346.98 | $676 |
| Days on market | 16 | 74 |
Oct 24, 2026
$546,000
Initial Listing
Dec 31, 2025
$68,800,000
Public Record
Dec 16, 2019
$47,094,000
Public Record