880 W 1st Street 712, Los Angeles, California 90012, Los Angeles, 90012 - 1 bed, 1 bath
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Los Angeles, California 90012
This Turnkey Condominium represents a Strong Value Opportunity, listed at $499,500—positioned slightly above the $494,702 Fair Market Value. While priced at market, the property offers a Condition Rating of 3, featuring recent updates like stainless steel appliances and modern flooring. Residents enjoy a resort-style lifestyle with panoramic city views, a pool, and 24/7 security on Bunker Hill. This unit balances urban convenience with high-end amenities, making it an ideal acquisition for first-time buyers or urban professionals seeking a move-in ready downtown sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 880 W 1st Street 712 Subject | $499,500* List Price | 1 | 1 | 992 | $499 | - |
A 880 W 1st Street 802 Sold | $499,000 | 1 | 1 | 1,006 | $496 | 0.0 mi |
B 880 W 1st Street 604 Sold | $505,000 | 1 | 2 | 1,006 | $502 | 0.0 mi |
C 880 W 1st Street 309 Sold | $515,000 | 2 | 2 | 1,217 | $423 | 0.0 mi |
D 880 W 1st 401 Sold | $555,000 | 2 | 2 | 1,345 | $413 | 0.0 mi |
E 800 W 1st Street 2801 Sold | $428,000 | 1 | 1 | 735 | $582 | 0.0 mi |
F 121 S Hope Street 429 Active | $375,000 List Price | 1 | 1 | 853 | $440 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was built in 1982 but has been recently updated with newer stainless steel appliances, modern laminate flooring, and contemporary light fixtures. It appears well-maintained and move-in ready, fitting the criteria for a property with a 5-15 year renovation profile or high-level maintenance.
Situated on prestigious Bunker Hill, the unit offers rare dual balconies with iconic views of the Hollywood Sign and Dodger Stadium, placing residents in the heart of Los Angeles' cultural and entertainment hub.
At nearly 1,000 square feet, this 1-bedroom condo offers a significantly larger footprint than typical downtown units, featuring a unique atrium-style layout and a spacious walk-in closet.
The building provides a high-end lifestyle with 24/7 security, guest parking, and extensive facilities including a pool, spa, and sauna, which are highly sought-after features in a dense urban environment.
The association fee of $1,100 per month is relatively high for a one-bedroom unit, which may impact the overall affordability and the debt-to-income ratio for potential buyers.
Built in 1982, the building may face upcoming capital improvement projects or maintenance requirements typical of older high-rise developments, despite the individual unit's recent interior updates.
Experience downtown living at its best in this recently updated, affordable 1-bedroom, 1-bath condo at Promenade West, perfectly situated on prestigious Bunker Hill. Wake up to natural light in a spacious atrium-style layout and step out onto dual balconies to take in iconic views stretching from the Hollywood Sign to Dodger Stadium. The open living space and generously sized bedroom offer comfort and flow, complemented by newer stainless steel appliances, a walk-in closet, double vanities, and plenty of storage. Life here feels like a year-round retreat with resort-style amenities including a pool, spa, sauna, BBQ area, conference and meeting rooms, 24/7 security, guest parking, and a gated community. Once outside you'll enjoy the Music Center, world-class museums, acclaimed dining, shopping, and vibrant entertainment. With easy access to public transportation and major freeways, the best of Los Angeles is always within reach. A perfect blend of comfort, convenience, and city energy, this is truly a wonderful place to call home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 992 | 1,243 |
| Lot Size | 123,885 | 24,016 |
| Price | $499.5K | $805.6K |
| Price per sq ft | $504 | $659 |
| Built year | 1982 | 1981 |
| HOA | $1100.0 | $684 |
| Days on market | 9 | 71 |
Jul 13, 2026
$499,500
Initial Listing
Jul 24, 2017
$462,000
Public Record
Nov 28, 1994
$110,000
Public Record