
Los Angeles, California 90012
This Turnkey Condominium represents a High-Potential Investment Opportunity, listed at $725,000—positioned well above the $649,189 Fair Market Value. While the property commands a premium, it offers a rare, fully furnished lifestyle in the heart of Bunker Hill. Featuring a two-story layout, private patio, and resort-style amenities like a pool and fitness center, the unit maintains a Condition Rating of 4. This residence is an ideal acquisition for Urban Professionals or Owner-Occupants seeking immediate access to Downtown Los Angeles’ premier cultural destinations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 880 W 1st Street 204 Subject | $725,000* List Price | 2 | 3 | 1,500 | $433 | - |
A 880 W 1st Street 309 Sold | $515,000 | 2 | 2 | 1,217 | $423 | 0.0 mi |
B 880 W 1st Street 506 Active | $605,000 List Price | 2 | 2 | 1,364 | $444 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982 (44 years old), the property is well-maintained and functional but remains largely dated. The kitchen features older white cabinetry and 80s-style square tile backsplashes despite granite counter updates. While one bathroom shows a partial renovation with a vessel sink, the overall interior finishes, including carpeting and original architectural details, are over 20 years old and require modernization.
Situated in the prestigious Bunker Hill neighborhood, this property offers unparalleled walkability to world-class landmarks including the Walt Disney Concert Hall, The Broad, and Grand Park.
Offered fully furnished and move-in ready, this residence provides a seamless transition for buyers or investors seeking a high-end, hassle-free urban lifestyle.
The rare two-story floor plan features a guest-friendly third bathroom on the main level and dual en-suite bedrooms upstairs, offering a house-like feel with superior privacy.
The association fee of approximately $1,430 per month is significant and may impact the debt-to-income ratio for some buyers or reduce overall investment yield.
Constructed in 1982, the property may lack the ultra-modern architectural aesthetics and integrated smart-home technologies found in newer luxury high-rise developments.
Offered FULLY FURNISHED and move-in ready, providing an exceptional turnkey opportunity. Rare two-story residence in the highly sought-after Promenade West community, located in the prestigious Bunker Hill neighborhood of Downtown Los Angeles. It offers a unique blend of privacy, comfort, and resort-style living, featuring serene courtyard views and direct patio access to the heated community pool and beautifully landscaped grounds. The open-concept floorplan is filled with natural light and includes a rare third bathroom on the main floor and expansive living and dining areas ideal for both everyday living and entertaining. The private outdoor patio creates a seamless indoor-outdoor lifestyle, providing the perfect space for relaxing or enjoying morning coffee. Upstairs, two generously sized bedrooms, each with en-suite bathrooms, offer excellent privacy from the main living areas. The primary suite is bright and inviting with walk-in closet, while the secondary bedroom is ideal for children, guests, a home office, or creative workspace. The unit includes two reserved parking spaces, along with ample guest parking for visitors. Promenade West residents enjoy an impressive collection of amenities, including a swimming pool, spa, sauna, fitness center, clubhouse, barbecue area, dog park, conference room, beautifully landscaped grounds, and 24-hour security. The HOA fee covers earthquake insurance, Wi-Fi, cable TV, water, community amenities, and much more, everything except electricity. With this all-inclusive package, life is simple: you'll only have one utility bill to pay. Ideally situated in the heart of Bunker Hill, this home offers unparalleled access to Downtown Los Angeles' premier cultural, dining, and entertainment destinations. Just moments away are The Walt Disney Concert Hall, The Broad Museum, MOCA, Grand Park, Grand Central Market, The Music Center, Little Tokyo, Chinatown, Angels Flight, Cathedral of Our Lady of the Angels, Los Angeles City Hall, Loyola Law School, USC, and much more. A grocery shopping center is conveniently located steps away, with the coveted Regional Connector metro line nearby for effortless commuting throughout Los Angeles County. Experience the best of Downtown Los Angeles living in this rare and desirable two-story home that combines exceptional location, resort-style amenities, and urban convenience.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,500 | 1,243 |
| Lot Size | 123,931 | 24,016 |
| Price | $725.0K | $805.6K |
| Price per sq ft | $483 | $659 |
| Built year | 1982 | 1981 |
| HOA | $1429.94 | $684 |
| Days on market | 27 | 71 |
Jun 25, 2026
$725,000
Initial Listing