880 W 1st St 304, Los Angeles, California 90012, Los Angeles, 90012 - 2 bed, 2 bath
880 W 1st St 304
Los Angeles, California 90012
Property Price
SUMMARY
Analysis of 880 W 1st St 304, Los Angeles, California 90012 is currently available with a list price of $475,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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
Property is moderate renovation needed.
Built in 1982, this condo shows signs of age, particularly in the kitchen and bathrooms. While the main living areas feature updated laminate flooring and fresh paint, the kitchen has dated wood cabinets, tile countertops, and a mix of older and newer appliances. The bathrooms also exhibit dated vanities, cultured marble sinks with an older design, and fixtures that are not contemporary. These areas require significant cosmetic updates to align with modern tastes, placing the property in the 'fair' condition category, as it is aged but maintained, with functional but outdated major components.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Location
Situated in the heart of Bunker Hill, this property offers unparalleled walkability and cultural richness, being moments away from iconic landmarks like the Walt Disney Concert Hall, The Broad, Grand Park, and The Grand LA.
- Comprehensive Building Amenities
Promenade West is a full-service building providing residents with 24-hour security, a pool, spa, fitness center, sauna, and beautifully maintained gardens, enhancing lifestyle and convenience.
- Spacious & Light-Filled Layout
The condo boasts an expansive and light-filled two-bedroom layout with a generous open floor plan and large windows, creating a bright and airy living space ideal for relaxation and entertaining.
CONSRISKS & DEFICIENCIES
- Substantial Monthly HOA Dues
The association fee of $1300.0 per month is considerably high, significantly impacting the overall monthly carrying costs and potentially deterring some buyers.
- Potential for Dated Interiors
Built in 1982, and with the description noting the kitchen 'maintains a clean and functional design,' the unit may not feature modern updates, potentially requiring additional investment for renovations to meet contemporary tastes.
- Lack of Explicit Air Conditioning
The property description does not explicitly mention an air conditioning system, which could be a significant drawback in Los Angeles's climate and may indicate an older or absent cooling solution.
About 880 W 1st St 304
Expansive and light-filled two-bedroom condo located in the heart of Bunker Hill. This bright and airy home features a generous open layout with large windows that offer partial views of the Downtown skyline. The living and dining areas flow seamlessly, offering ample space to relax or entertain, while the kitchen maintains a clean and functional design. Both bedrooms are well-proportioned, with excellent closet space and easy access to a well-appointed bathroom, creating a comfortable and private retreat. Promenade West is a full-service building offering 24-hour security, a pool and spa, fitness center, sauna, and beautifully maintained gardens. Located just moments from the Walt Disney Concert Hall, The Broad, Grand Park, and the vibrant Grand LA, this is a rare opportunity to live in one of DTLA's most walkable and culturally rich neighborhoods.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1300.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.5 | 50% |
| Baths | 2.0 | 1.5 | 50% |
| Square foot | 1,323 | 1,024.5 | 88% |
| Lot Size | - | 64,671 | 6% |
| Price | $475.0K | $589.5K | 24% |
| Price per sq ft | $359 | $552 | 3% |
| Built year | 1982 | 1985 | 47% |
| HOA | $1300.0 | $773 | 97% |
| Days on market | 142 | 190 | 29% |
Pricing History
Listed for Sale
Jan 23, 2026
$475,000
$499,999
-5% Price Drop
Initial Listing
Price Change
Oct 15, 2025
$499,999
Initial Listing
Sold
Apr 21, 2006
$649,000
Public Record
Sold
Feb 27, 1997
$122,000
Public Record