880 W 1st 401, Los Angeles, California 90012, Los Angeles, 90012 - 2 bed, 2 bath

880 W 1st 401, Los Angeles, California 90012 home-pic-0

880 W 1st 401

Los Angeles, California 90012

ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,345Sq Ft
123,931Lot Size

Property Price

LIST PRICE$589,999

SUMMARY

Analysis of 880 W 1st 401, Los Angeles, California 90012 is currently available with a list price of $589,999. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although built in 1982, the unit has undergone extensive recent renovations within the last 5 years. It features a modern kitchen with high-end GE Café stainless steel appliances, a Kalamera wine cooler, and custom cabinetry. The interior is move-in ready with recessed lighting, premium custom built-ins for office spaces, and updated flooring throughout, meeting current luxury standards.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Cultural Location

    Situated in the prestigious Bunker Hill District, this property offers walking-distance access to world-class cultural landmarks including the Walt Disney Concert Hall, The Broad, and Grand Park.

  • Modernized Interior & Built-ins

    The unit is move-in ready with high-end GE Café appliances and extensive custom built-ins, including a dedicated office workspace and primary bedroom storage, catering perfectly to a modern work-from-home lifestyle.

  • Comprehensive Resort Amenities

    Promenade West provides a full-service experience with 24-hour security, a fitness center, pool, and lushly landscaped gardens with waterfalls, offering a serene retreat within the urban center.

CONSRISKS & DEFICIENCIES

  • High Monthly HOA Fees

    The association fee of $1,376.39 per month is substantial and may impact the overall affordability and debt-to-income ratio for potential buyers.

  • Building Age

    Constructed in 1982, the building may lack some of the modern energy-efficient systems and contemporary architectural aesthetics found in the newer luxury high-rises nearby.

About 880 W 1st 401

Located in the prestigious Bunker Hill District in the heart of Downtown Los Angeles, this move-in ready residence at Promenade West offers refined urban living with breathtaking skyline views and resort-style amenities. This beautifully updated 2-bedroom, 2-bathroom condo spans 1,345 square feet and features an open-concept layout filled with natural light and stunning city views from every room. The residence boasts a private balcony with true Downtown skyline views, showcasing iconic skyscrapers and serene park-like settings. The updated kitchen is designed for both style and functionality, featuring GE Café stainless steel appliances, Kalamera wine cooler, and a customized pantry, seamlessly flowing into the spacious living and dining areas. Recessed lighting enhances the bright, airy interior, while thoughtfully designed custom built-ins elevate everyday living, including built-ins in the living room, a built-in bed and office workspace in the primary bedroom, and an additional office built-in in the second bedroom—ideal for today’s work-from-home lifestyle. Customized closets provide excellent storage throughout the home. The unit includes 2 assigned parking spaces and additional wall storage for added convenience. Promenade West is a gated, full-service community offering 24-hour front desk and receptionist services, along with on-site security from 8:00 PM to 4:00 AM. Residents enjoy resort-style amenities including a pool, spa, BBQ area, fitness center, sauna, and tranquil waterfalls surrounded by lush gardens. Built in 1982, the community is known for its serene atmosphere and prime location. Ideally situated with easy access to major freeways, this property is just minutes from the Grand Arts Corridor, Little Tokyo, and Chinatown, and walking distance to world-class destinations such as Walt Disney Concert Hall, The Broad, and Grand Park, as well as an array of museums, cafés, and acclaimed restaurants. This exceptional residence offers a rare opportunity to experience luxury, convenience, and iconic Downtown Los Angeles living in one of the city’s most desirable neighborhoods.

Property Details

Public Facts

Property Type
Condominium
Year Built
1982
Lot Size
123,931 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$1376.39 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.01.5
50%
Baths2.01.5
50%
Square foot1,3451,024.5
88%
Lot Size123,93165,875
71%
Price$590.0K$594.5K
50%
Price per sq ft$439$552
15%
Built year19821985
47%
HOA$1376.39$773
97%
Days on market17190
3%

Pricing History

Listed for Sale

Feb 17, 2026

$589,999

Initial Listing

Sold

Apr 7, 2021

$628,000

Public Record

Sold

Mar 7, 2011

$352,500

Public Record

Sold

Nov 4, 1999

$225,000

Public Record

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