
Los Angeles, California 90012
This property presents a High-Potential Investment Opportunity with a List Price of $365,000—positioned well below the $347,506 Fair Market Value by -5%. Featuring a Condition Rating of 5, the unit requires substantial interior rehabilitation, offering a clear path for value-add improvements. Residents benefit from Resort-Style Amenities and a Desirable City Lights View in a prestigious high-rise. This asset is ideal for Buy-and-Hold Investors seeking rental demand or Contractors looking to modernize a prime downtown studio.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 800 W 1st Street 504 Subject | $350,000* List Price | 0 | 1 | 481 | $698 | - |
A 800 W 1st Street 509 Active | $357,000 List Price | 0 | 1 | 481 | $742 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property, built in 1968, features a significantly outdated interior. The kitchen has original or very old tiled countertops, dated white appliances, and old cabinets, requiring a full renovation. The bathroom also shows considerable age with an older vanity, countertop, and fixtures. Flooring throughout the unit appears to be old carpet or linoleum, and wall finishes are dated. While the building amenities are well-maintained, the unit itself requires substantial rehabilitation to meet current living standards.
Situated in the heart of downtown Los Angeles, this property offers unparalleled access to major attractions, dining, and entertainment, ideal for urban dwellers.
Residents enjoy a comprehensive suite of amenities including a pool, spa, sauna, tennis courts, pickleball court, and a state-of-the-art fitness center, promoting a luxurious and active lifestyle.
The presence of 24-hour concierge service in a prestigious high-rise building enhances security, convenience, and provides a premium living experience.
At 481 sqft, the studio configuration offers limited living space, which may restrict its appeal to a niche buyer demographic seeking more expansive accommodations.
The $687 monthly association fee is substantial for a studio unit, significantly impacting the total cost of ownership and potentially deterring some buyers.
Constructed in 1968, the building's age, while potentially well-maintained, could imply higher ongoing maintenance costs or future capital expenditures compared to newer developments.
Welcome to luxury living at the well sought after Bunker Hill Tower in the heart of downtown Los Angeles! This studio condo offers the epitome of urban living. Located in a prestigious high-rise building with 24-hour concierge service. Enjoy resort-style amenities including a pool, spa, sauna, tennis courts, and pickle ball court. Stay active with the fitness center equipped with state-of-the-art equipment. Convenient access to downtown attractions, dining, and entertainment. Don’t miss out on this opportunity to experience the vibrant lifestyle of downtown Los Angeles!
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 1.0 | 10% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 481 | 1,006 | 6% |
| Lot Size | 106,193 | 29,414 | 65% |
| Price | $350.0K | $625.0K | 6% |
| Price per sq ft | $728 | $584 | 61% |
| Built year | 1968 | 1982 | 23% |
| HOA | $687.0 | $821 | 23% |
| Days on market | 242 | 232 | 61% |
Jun 10, 2026
$350,000
$365,000
-4% Price Drop
Initial Listing
May 28, 2026
$365,000
$375,000
-3% Price Drop
Initial Listing
Oct 17, 2025
$375,000
Initial Listing
Mar 8, 2004
$165,000
Public Record
Sep 1, 2000
$110,000
Public Record