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848 Irolo Street 105, Los Angeles, California 90005, Los Angeles, 90005 - 3 bed, 2 bath

848 Irolo Street 105, Los Angeles, California 90005 home-pic-0
ACTIVE$760,000
848 Irolo Street 105, Los Angeles, California 90005
3Beds
2Baths
1,450Sqft
18,043Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Urban Location: The property boasts a prime Mid-Wilshire/Koreatown location, offering excellent walkability and easy access to Metro, dining, shopping, and entertainment, appealing to urban dwellers.
Top Cons:
High Monthly Association Fee: The $540 monthly association fee is a considerable recurring expense that adds to the overall cost of homeownership and should be factored into a buyer's budget.

Compared to the nearby listings

Price:$760.0K vs avg $700.0K (+$60,000)65%
Size:1,450 sqft vs avg 1,254 sqft76%
Price/sqft:$524 vs avg $56041%

More Insights

Built in 2008 (17 years old).
Condition: Built in 2008, this condo is 16 years old, fitting perfectly within the 'Good' condition criteria. The kitchen features modern stainless steel appliances, granite countertops, and sleek cabinetry, all appearing well-maintained. Hardwood flooring in the main living areas and clean carpets in the bedrooms contribute to a move-in ready state. While some light fixtures are standard, the overall condition suggests minimal wear and tear, with no immediate renovations required.
Year Built
2008
Close
-
List price
$760K
Original List price
$760K
Price/Sqft
$524
HOA
$540
Days on market
-
Sold On
-
MLS number
25560285
Home ConditionGood
Features
Good View: City Lights
Deck
ViewCity Lights

About this home

Luxury Living at The Juniper! Spacious, sun-drenched 1,450sq.ft. Southwest corner unit in Mid-Wilshire/Koreatown. High ceilings and a bright, open living room. Expansive primary suite features a large walk-in closet and private en-suite. Two additional generous bedrooms and a second 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 (tandem assigned + ample guest parking). Building amenities include a fitness center, dual elevators, and a recreation room. Prime location blocks from Wilshire/Olympic, offering easy access to Metro (Wilshire/Normandie), banks, restaurants, markets, and entertainment. Rare opportunity in a vibrant, convenient neighborhood. This property qualifies for a home loan grant program offering up to $20,000 in qualifying areas.

Price History

Date
Event
Price
11/17/20
Sold
$680,000
08/04/15
Sold
$548,000
11/24/14
Sold
$530,000
06/15/09
Sold
$520,000
Condition Rating
Good
Built in 2008, this condo is 16 years old, fitting perfectly within the 'Good' condition criteria. The kitchen features modern stainless steel appliances, granite countertops, and sleek cabinetry, all appearing well-maintained. Hardwood flooring in the main living areas and clean carpets in the bedrooms contribute to a move-in ready state. While some light fixtures are standard, the overall condition suggests minimal wear and tear, with no immediate renovations required.
Pros & Cons

Pros

Prime Urban Location: The property boasts a prime Mid-Wilshire/Koreatown location, offering excellent walkability and easy access to Metro, dining, shopping, and entertainment, appealing to urban dwellers.
Spacious & Modern Interior: At 1,450 sq.ft., this sun-drenched Southwest corner unit features high ceilings, hardwood flooring, a modern kitchen with stainless steel appliances and granite countertops, and in-unit washer/dryer, providing comfortable and contemporary living.
Comprehensive Building Amenities: Residents benefit from desirable building amenities including a fitness center, recreation room, and dual elevators, enhancing convenience and lifestyle within the complex.
Secure & Ample Parking: The secured, gated garage parking with a tandem assigned space and ample guest parking is a significant advantage in a dense urban area like Los Angeles, addressing a common pain point for city residents.
Financial Grant Opportunity: The property's qualification for a home loan grant program offering up to $20,000 provides a substantial financial incentive, potentially lowering the barrier to entry for qualifying buyers.

Cons

High Monthly Association Fee: The $540 monthly association fee is a considerable recurring expense that adds to the overall cost of homeownership and should be factored into a buyer's budget.
Tandem Parking Arrangement: While parking is available, the tandem assigned space can be inconvenient for households with multiple drivers or those who frequently need independent vehicle access.
Absence of Private Outdoor Space: The description does not mention a private balcony or patio, which is a highly sought-after feature for many condominium buyers looking for personal outdoor living space.

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