871 Crenshaw Boulevard 406, Los Angeles, California 90005, Los Angeles, 90005 - 3 bed, 2 bath
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Los Angeles, California 90005
This Modern Penthouse Residence is listed at $899,990, representing a stable acquisition aligned with its $858,008 Fair Market Value. Featuring a Condition Rating of 3, this top-floor corner unit offers panoramic Downtown views through glass-walled balconies and high-end upgrades like Omega self-closing cabinetry and upgraded wood flooring. The property stands out for its low $450 HOA fee, ensuring competitive monthly overhead for a luxury asset. This move-in-ready home is the perfect fit for Owner-Occupants or urban professionals seeking a polished, high-floor sanctuary near Koreatown and DTLA.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 871 Crenshaw Boulevard 406 Subject | $899,990* List Price | 3 | 2 | 1,550 | $554 | - |
A 616 S Wilton Place 201 Sold | $905,000 | 3 | 3 | 1,860 | $487 | 0.6 mi |
B 861 S Windsor Boulevard 105 Sold | $740,000 | 2 | 3 | 1,427 | $519 | 0.1 mi |
C 837 S Windsor Boulevard 3 Sold | $799,000 | 2 | 2 | 1,441 | $554 | 0.1 mi |
D 820 S Wilton Place 405 Sold | $950,000 | 3 | 2 | 1,443 | $658 | 0.5 mi |
E 871 Crenshaw Boulevard 305 Active | $929,000 List Price | 3 | 2 | 1,630 | $570 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property, built in 2006, is in move-in ready condition and fits the 20-year age criteria for a 'good' rating. It features several high-quality upgrades including new wood flooring throughout, Omega self-closing cabinetry, and granite countertops. The stainless steel appliances and recessed lighting are well-maintained. While the kitchen and bathroom styles are consistent with the original construction era rather than a recent full-scale modern renovation, the penthouse is well-kept with no signs of deferred maintenance.
As a top-floor corner penthouse, this unit features glass-walled balconies that provide exceptional panoramic views of Downtown Los Angeles and abundant natural light from its east and south-facing orientation.
The property boasts quality construction with premium upgrades, including Omega self-closing cabinets, granite countertops, upgraded wood flooring, and UV-coated double windows with custom wood shutters.
With an HOA fee of only $450 per month, this residence offers significantly lower monthly overhead compared to other luxury condominiums in the Hancock Park and Wilshire area.
The property has been on the market for nearly 60 days and required a significant price reduction of $75,000, which may suggest initial overpricing or a slower absorption rate for this specific building.
While the unit offers private storage and parking, the building lacks common luxury amenities such as a pool, fitness center, or 24-hour security, which are often standard in this price bracket.
Modern and quality built condominium in Hancock Park. This unit is a very bright and airy front top floor PENTHOUSE. It's facing the east and south corner. Magnificent downtown view from two glass walled balconies. Nice open floor plan, upgraded wood flooring throughout, built-in stainless steel appliances, granite counters, Omega self-closing cabinets, large primary bedroom with walk-in closet, laundry room with washer/dryer and extra storage space, fireplace, UV coated double windows with wood shutters, video intercom for visitors, community conference room. 2 parking spaces and private storage inside the gated garage. Close to KoreaTown, LACMA, The Grove, Beverly Center, DTLA, USC.. Low HOA dues.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 74% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,550 | 1,340 | 84% |
| Lot Size | 19,976 | 26,266 | 42% |
| Price | $900.0K | $730.0K | 79% |
| Price per sq ft | $581 | $554 | 74% |
| Built year | 2006 | 1992 | 79% |
| HOA | $450.0 | $540 | 26% |
| Days on market | 66 | 182 | 5% |
Apr 8, 2026
$899,990
$975,000
-8% Price Drop
Initial Listing
Feb 15, 2026
$975,000
Initial Listing
Feb 24, 2020
$832,000
Public Record
Nov 21, 2012
$509,000
Public Record