880 W 1st Street 603, Los Angeles, California 90012, Los Angeles, 90012 - 3 bed, 3 bath

880 W 1st Street 603, Los Angeles, California 90012 home-pic-0
ACTIVE$898,000
880 W 1st Street 603, Los Angeles, California 90012
3Beds
3Baths
2,402Sqft
123,931Lot
Year Built
1982
Close
-
List price
$898K
Original List price
$898K
Price/Sqft
$374
HOA
$2,534
Days on market
-
Sold On
-
MLS number
SB25246845
Home ConditionFair
Features
Excellent View: City Lights
Deck
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $898.0K(88th), sqft - 2402(92th), beds - 3(88th), baths - 3(81th).

PRICED TO SELL! Rare Bunker Hill condo! This home was formerly a two bedroom unit and a one bedroom unit, which were combined. It can be divided back into 2 units-a great opportunity for a savvy investor! This corner unit penthouse is the largest at Promenade West with 2400 sf, 3 bedrooms, 3 bathrooms, 3 balconies, and 3 parking spaces. There are 2 private master bedroom suites, both with large walk-in closets. A third bedroom has been converted into a home office. The kitchen is equipped with a Sub-Zero refrigerator, Thermador oven, Bosch stove, and Asko dishwasher. Granite countertops and stone tile backsplash complete the kitchen. An abundance of solarium windows (with motorized blinds) provides plenty of light and beautiful city views from every room. Promenade West is a full-service, luxury building offering 24 hour concierge, on-site management, pool, spa, BBQ grill, fitness center, dry sauna, conference room, and a meeting venue with kitchen. There is also a private dog park. Enjoy all that DTLA offers with close proximity to: Walt Disney Concert Hall, Ahmanson Theater, Mark Taper Forum, Dorothy Chandler Pavilion, The Grand by Ghery, Grand Park, The Broad Museum, Korea Town, Little Tokyo, Chinatown, USC, restaurants, City Hall, and Metro Regional Connector. Local restaurants, a convenience mart, and dry cleaners are close-by. Easy access to 110/101/10/5 freeways. Guest parking is also available.

Price History

Date
Event
Price
10/25/25
Listing
$898,000
11/09/20
Sold
$800,000
08/21/00
Sold
$550,000
06/20/97
Sold
$165,000
05/06/97
Sold
$149,909
Condition Rating
Fair

Built in 1982, this property is over 40 years old. While the kitchen boasts high-end appliances (Sub-Zero, Thermador, Bosch, Asko), the cabinet style, granite countertops, and stone tile backsplash appear dated, likely from a renovation 15-20+ years ago. The bathrooms also feature similar dated granite and cabinet styles. Carpet flooring in the main living areas and bedrooms, though clean, is not a contemporary choice for luxury condos. The property is well-maintained and functional, but its aesthetic is outdated and would require significant cosmetic updates to align with current market trends and buyer preferences.
Pros & Cons

Pros

Exceptional Size & Layout Flexibility: This corner unit penthouse is the largest at Promenade West with 2400 sqft, originally two units that can be divided back, offering unique investment potential or multi-generational living options.
Luxury Full-Service Building Amenities: Promenade West is a full-service building offering 24-hour concierge, on-site management, pool, spa, BBQ grill, fitness center, dry sauna, conference room, meeting venue with kitchen, and a private dog park.
Prime DTLA Location & Accessibility: Situated in Bunker Hill, the property boasts close proximity to major cultural landmarks (Walt Disney Concert Hall, The Broad), dining, entertainment, universities (USC), and excellent freeway (110/101/10/5) and Metro Regional Connector access.
High-End Kitchen Appliances & Finishes: The kitchen is equipped with premium appliances including a Sub-Zero refrigerator, Thermador oven, Bosch stove, Asko dishwasher, complemented by granite countertops and a stone tile backsplash.
Abundant Natural Light & City Views: An abundance of solarium windows with motorized blinds provides plenty of natural light and beautiful city views from every room, enhanced by three private balconies.

Cons

Very High Association Fees: The monthly association fee of $2,534.0 is exceptionally high, which could be a significant financial burden for potential buyers and impact long-term affordability.
Older Building Construction: Built in 1982, the building's age, while potentially well-maintained, may imply older infrastructure or systems compared to newer luxury developments, potentially leading to higher maintenance costs or less modern design in some areas.
Potential for Complex Re-division: While offering flexibility, the process and cost of dividing the combined unit back into two separate units could be complex, time-consuming, and require significant investment, potentially deterring some buyers.

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