848 Irolo Street 406, Los Angeles, California 90005, Los Angeles, 90005 - 2 bed, 2 bath
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848 Irolo Street 406
Los Angeles, California 90005
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,210Sq Ft
18,043Lot Size
Property Price
LIST PRICE$650,000
EST. MARKET VALUE
$641,757
SUMMARY
This Spacious Urban Condominium is a Strong Value Opportunity, listed at $650,000—positioned slightly above the $641,757 Fair Market Value. While the price reflects current market stability, the property offers a Good Condition Rating and premium features including a Modern Kitchen with Granite Countertops, Hardwood Flooring, and a City Lights View. With building amenities like a fitness center and gated parking, this unit provides a high-quality lifestyle in a prime Koreatown location. It is an ideal acquisition for Owner-Occupants seeking convenience or first-time buyers prioritizing location.
Estimated Market Value
$641,757
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 848 Irolo Street 406 Subject 2 bd · 2 ba · 1,210 sqft · $530 | $650,000* List Price | 2 | 2 | 1,210 | $530 | - |
A 702 S Serrano Avenue 605 Sold 2 bd · 2 ba · 1,290 sqft · $643 · 0.4 mi | $830,000 | 2 | 2 | 1,290 | $643 | 0.4 mi |
B 733 S Manhattan Place 402 Sold 2 bd · 2 ba · 1,150 sqft · $530 · 0.6 mi | $610,000 | 2 | 2 | 1,150 | $530 | 0.6 mi |
C 815 S Harvard 302 Sold 2 bd · 2 ba · 1,090 sqft · $505 · 0.2 mi | $550,000 | 2 | 2 | 1,090 | $505 | 0.2 mi |
D 733 S Manhattan Place 604 Sold 2 bd · 2 ba · 1,130 sqft · $593 · 0.6 mi | $670,000 | 2 | 2 | 1,130 | $593 | 0.6 mi |
E 3855 Ingraham Street 204 Sold 3 bd · 2 ba · 1,250 sqft · $572 · 0.7 mi | $715,000 | 3 | 2 | 1,250 | $572 | 0.7 mi |
F 625 S Berendo Street 209 Sold 2 bd · 2 ba · 1,210 sqft · $495 · 0.6 mi | $599,000 | 2 | 2 | 1,210 | $495 | 0.6 mi |
G 3970 Ingraham Street 102 Sold 3 bd · 2 ba · 1,477 sqft · $406 · 0.8 mi | $600,000 | 3 | 2 | 1,477 | $406 | 0.8 mi |
H 733 S Manhattan Place 405 Active 2 bd · 2 ba · 1,140 sqft · $543 · 0.6 mi | $619,000 List Price | 2 | 2 | 1,140 | $543 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2008, the property is 18 years old, placing it squarely in the 'Good' category (10-20 years). The listing describes a well-maintained, move-in ready interior featuring a modern kitchen with granite countertops and stainless steel appliances, hardwood flooring, and functional in-unit systems.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Urban Location
Situated in the heart of Koreatown/Mid-Wilshire, the property offers exceptional walkability and proximity to the Metro, diverse dining, and entertainment, making it ideal for an active lifestyle.
- Modern & Spacious Layout
Built in 2008, this 1,201 sq. ft. unit features high ceilings, an open floor plan, and contemporary finishes including granite countertops and hardwood flooring that maximize light and space.
- Superior Building Amenities
The building provides high-value conveniences including a fitness center, recreation room, and rare gated garage parking with ample guest spaces, which is a significant premium in this dense neighborhood.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The $560 monthly association fee represents a significant recurring expense that may impact the overall affordability and debt-to-income ratio for potential buyers.
- Urban Congestion
Located in a high-density area of Los Angeles, the property is subject to the typical noise and traffic congestion associated with central metropolitan living.
About 848 Irolo Street 406
Spacious, sun-drenched 1,201 sq. ft. condo featuring high ceilings and a bright, open living room. The generous primary suite offers a large walk-in closet and a private en-suite bath. Additional generous second bedroom and full bath. Elegantly appointed with classic hardwood flooring, in-unit washer/dryer, and a modern kitchen with stainless steel appliances, granite countertops, breakfast nook, and sleek cabinetry. Enjoy secured, gated garage parking with ample guest spaces. Building amenities include a fitness center, dual elevators, and a recreation room. Prime location blocks from Wilshire/Olympic, offering easy access to Metro, banks, restaurants, markets, and entertainment. A rare opportunity in a vibrant, convenient neighborhood!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2008
- Lot Size
- 18,043 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $560.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,210 | 1,252.996 |
| Lot Size | 18,043 | 26,029.603 |
| Price | $650.0K | $778.5K |
| Price per sq ft | $537 | $629 |
| Built year | 2008 | 1981 |
| HOA | $560.0 | $676 |
| Days on market | 8 | 74 |
Pricing History
Listed for Sale
Nov 1, 2026
$650,000
Initial Listing
Sold
Oct 6, 2009
$506,500
Public Record