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880 W 1st Street 613, Los Angeles, California 90012, Los Angeles, 90012 - 2 bed, 2 bath

880 W 1st Street 613, Los Angeles, California 90012 home-pic-0
ACTIVE$612,000$1,323/sqft
880 W 1st Street 613, Los Angeles, California 90012
2Beds
2Baths
1,323Sqft
123,931Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Downtown Location: Situated in the heart of Downtown Los Angeles on Bunker Hill, offering unparalleled access to premier dining, shopping, and cultural landmarks like Crypto.com Arena, LA Live, Walt Disney Concert Hall, and The Broad.
Top Cons:
High Association Fee: The monthly association fee of $1378.0 is substantial and could be a significant ongoing expense for potential buyers, impacting overall affordability.

Compared to the nearby listings

Price:$612.0K vs avg $550.0K (+$62,000)62%
Size:1,323 sqft vs avg 1,063 sqft83%
Price/sqft:$463 vs avg $54424%

More Insights

Built in 1982 (44 years old).
Condition: The property, built in 1982, shows signs of regular upkeep and some cosmetic updates, but many elements are significantly dated. While the kitchen boasts sleek stainless steel appliances and a modern backsplash, the white painted cabinets appear to be an older style, and the linoleum/vinyl flooring and fluorescent lighting are very outdated. Bathrooms feature painted white cabinets but retain dated countertops, sinks, fixtures, and lighting, along with the same dated flooring. The carpet throughout the living areas and bedrooms is clean but also appears dated. The overall condition is functional and move-in ready, but a buyer would likely want to undertake significant cosmetic renovations to modernize the space, aligning with the 'Fair' category's description of requiring minor updates or repairs due to outdated components.
Year Built
1982
Close
-
List price
$612K
Original List price
$612K
Price/Sqft
$463
HOA
$1,378
Days on market
-
Sold On
-
MLS number
26633483
Home ConditionFair
Features
Good View: City Lights, Park/Greenbelt
ViewCity Lights,Park/Greenbelt

About this home

WELCOME TO UNIT 613 AT PROMENADE WEST'S 6TH FLOOR, AN ELEGANT 2 BED, 2 BATH RESIDENCE IN THE HEART OF DOWNTOWN LOS ANGELES ON BUNKER HILL. THIS THOUGHTFULLY DESIGNED CONDO FEATURES A SPACIOUS AND NATURALLY LIT LIVING AREA, PERFECT FOR BOTH RELAXATION AND ENTERTAINMENT. THE KITCHEN IS FULLY EQUIPPED WITH SLEEK STAINLESS STEEL APPLIANCES AND IS COMPLEMENTED BY RICH ESPRESSO-STAINED NATURAL WOOD CABINETRY, BASEBOARDS, A TOUCH OF SOPHISTICATION THROUGHOUT THE HOME. THE PRIMARY SUITE OFFERS PRIVACY AND COMFORT WITH A GENEROUS WALK-IN CLOSET AND A WELL-APPOINTED EN-SUITE BATHROOM. EVERY DETAIL HAS BEEN CONSIDERED TO CREATE A REFINED URBAN RETREAT. THIS UNIT OFFERS THE CONVINIENCE OF NEARBY ACCESS TO AN ELEVATOR, AND BEING A CORNER UNIT NOT OVERLOOKING A BUSY STREET KEEPING THE RESIDENCE QUITE AND RELAXING WITH EAST FACING WINDOWS TO ENJOY THE SUNLIGHT. RESIDENTS OF PROMENADE WEST ENJOY ACCESS TO A FULL SUITE OF AMENITIES INCLUDING A COMMUNITY POOL, SPA, BBQ AREA, FITNESS CENTER, 24-HOUR SECURITY, GATED AND GUEST PARKING. JUST MOMENTS AWAY, DISCOVER PREMIER DINING, SHOPPING, AND CULTURAL DESTINATIONS SUCH AS CRYPTO.COM ARENA, LA LIVE, THE BLOC, WALT DISNEY CONCERT HALL, AND THE BROAD. EXPERIENCE ELEVATED DOWNTOWN LIVING AT PROMENADE WEST WHERE LUXURY MEETS CONVENIENCE. CLOSE TO THE 101, 5 , 110, 10, AND 60 FREEWAYS OR TAKE THE SUBWAY THRU THE CITY.

R
Russell Chan
Listing Agent

Price History

Date
Event
Price
08/31/04
Sold
$533,000
Condition Rating
Fair
The property, built in 1982, shows signs of regular upkeep and some cosmetic updates, but many elements are significantly dated. While the kitchen boasts sleek stainless steel appliances and a modern backsplash, the white painted cabinets appear to be an older style, and the linoleum/vinyl flooring and fluorescent lighting are very outdated. Bathrooms feature painted white cabinets but retain dated countertops, sinks, fixtures, and lighting, along with the same dated flooring. The carpet throughout the living areas and bedrooms is clean but also appears dated. The overall condition is functional and move-in ready, but a buyer would likely want to undertake significant cosmetic renovations to modernize the space, aligning with the 'Fair' category's description of requiring minor updates or repairs due to outdated components.
Pros & Cons

Pros

Prime Downtown Location: Situated in the heart of Downtown Los Angeles on Bunker Hill, offering unparalleled access to premier dining, shopping, and cultural landmarks like Crypto.com Arena, LA Live, Walt Disney Concert Hall, and The Broad.
Comprehensive Building Amenities: Residents enjoy a full suite of amenities including a community pool, spa, BBQ area, fitness center, 24-hour security, and both gated resident and guest parking, enhancing lifestyle and convenience.
Well-Appointed Interior: The condo features a spacious, naturally lit living area, a kitchen equipped with sleek stainless steel appliances and rich espresso-stained cabinetry, and a primary suite with a generous walk-in closet and en-suite bathroom.
Quiet Corner Unit with East-Facing Views: As a corner unit, it offers enhanced privacy and quietness, not overlooking a busy street, with east-facing windows providing abundant natural sunlight.
Excellent Transportation Access: The property boasts convenient access to major freeways (101, 5, 110, 10, 60) and subway lines, making commuting throughout the city highly efficient.

Cons

High Association Fee: The monthly association fee of $1378.0 is substantial and could be a significant ongoing expense for potential buyers, impacting overall affordability.
Building Age: Built in 1982, the building is over 40 years old, which may lead to higher maintenance costs or potential for future special assessments compared to newer constructions, despite the unit's interior updates.
Urban Environment Drawbacks: While the unit itself is quiet, the inherent nature of living in a bustling downtown area means exposure to urban noise, traffic, and congestion outside the building, which may not appeal to all buyers seeking a more tranquil environment.
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