880 W 1st Street 506, Los Angeles, California 90012, Los Angeles, 90012 - 2 bed, 2 bath
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Los Angeles, California 90012
This Spacious Bunker Hill Luxury Condo is listed at $608,000, representing a stable entry point into the DTLA market near its $592,268 Fair Market Value. Currently holding a Fair Condition Rating, the 1,364 sqft interior offers significant upside through cosmetic updates to its signature greenhouse and atrium windows. Residents benefit from a full-service environment featuring 24-hour security, a pool, and spa within the Los Angeles Unified district, steps from the Walt Disney Concert Hall. This property is an ideal match for Owner-Occupants or urban professionals prioritizing location and lifestyle amenities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 880 W 1st Street 506 Subject | $608,000* List Price | 2 | 2 | 1,364 | $434 | - |
A 121 S Hope Street 405 Sold | $540,636 | 2 | 2 | 1,219 | $444 | 0.1 mi |
B 925 W College Sold | $698,000 | 4 | 3 | 1,450 | $481 | 0.8 mi |
C 880 W 1st Street 309 Sold | $515,000 | 2 | 2 | 1,217 | $423 | - |
D 903 New Depot Street 5 Sold | $545,000 | 4 | 3 | 1,267 | $430 | 0.7 mi |
E 800 W 1st Street 1210 Active | $648,000 List Price | 2 | 2 | 1,234 | $525 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the listing states the unit is 'remodeled,' the images reveal a dated aesthetic in the kitchen and bathrooms. The kitchen features white appliances, tiled countertops, and fluorescent lighting, which are not current styles. Bathrooms also show older vanities and fixtures. The property, built in 1982, appears well-maintained but would require significant cosmetic updates to align with modern preferences, fitting the 'fair' category's description of being aged but maintained, with functional but outdated major components.
Situated on Bunker Hill, this property offers unparalleled access to major cultural, entertainment, and dining venues in Downtown Los Angeles, including Concert Hall, LA Opera, Broad Museum, The Grand, LA Live, and Crypto.com Arena.
As a full-service luxury condo, the building provides a comprehensive suite of amenities such as 24-hour security, pool, spa, sauna, community room, conference room, gym/fitness center, BBQ area, fire pit, dog run, south garden, and visitors parking.
The remodeled 2-bedroom, 2-bathroom unit is spacious at over 1360 sqft, featuring a bright and airy greenhouse, plantation shutters, crown moldings, and atrium windows, indicating a well-maintained and upgraded living space.
The high monthly association fee of $1368.0 is a significant ongoing cost that potential buyers must factor into their budget, potentially impacting affordability and market appeal.
Built in 1982, the building is over 40 years old. While the unit is remodeled, the age of the overall structure could imply potential for aging infrastructure issues or future special assessments for major building-wide repairs.
Despite the prime downtown location offering excellent access to entertainment, it inherently carries the potential for significant urban noise from nearby venues and street activity, which may not appeal to all buyers seeking a quieter living environment.
WELCOME TO PROMENADE WEST IN DOWNTOWN LOS ANGELES. A FULL SERVICE LUXURY CONDO ON BUNKER HILL. THIS REMODELED 2 BEDROOM 2 BATHROOM IS SPACIOUS WITH OVER 1360 SQFT WITH AN BRIGHT & AIRY GREENHOUSE. UNIT HAS 2 BALCONIES, PLANTATION SHUTTERS, CROWN MOULDINGS, ATRUIM WINDOWS, FACING WEST. WITH SO MANY AMENITIES SUCH A,S 24 HOUR SECURITY, POOL, SPA, SAUNA, COMMUNITY ROOM, CONFERENCE ROOM, GYM/FITNESS CENTER, BBQ AREA, FIRE PIT, DOG RUN, SOUTH GARDEN AND VISITORS PARKING. UNIT IS ONLY MOMENTS AWAY FROM CONCERT HALL, LA OPERA, MASTER CHORALE, BROAD MUSUEM, THE GRAND, LA LIVE CRYPTO.COM ARENA, SO MANY RESTAURANTS AND ALL DOWNTOWN HAS TO OFFER. COME TO SEE THIS LOCAL GEM ON BUNKER HILL.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 58% |
| Baths | 2.0 | 1.0 | 58% |
| Square foot | 1,364 | 1,006 | 87% |
| Lot Size | 123,931 | 67,079 | 68% |
| Price | $608.0K | $625.0K | 48% |
| Price per sq ft | $446 | $582 | 16% |
| Built year | 1982 | 2005 | 45% |
| HOA | $1368.0 | $821 | 94% |
| Days on market | 93 | 230 | 19% |
Jan 19, 2026
$608,000
Initial Listing
Jun 28, 1996
$156,000
Public Record