903 New Depot Street 12a, Los Angeles, California 90012, Los Angeles, 90012 - 3 bed, 2 bath
903 New Depot Street 12a
Los Angeles, California 90012
Property Price
SUMMARY
Analysis of 903 New Depot Street 12a, Los Angeles, California 90012 is currently available with a list price of $595,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1974, the property has undergone an extensive top-to-bottom renovation within the last 5 years. The interior features high-end marble and bamboo flooring, a modern kitchen with custom cabinetry and new stainless steel appliances, and updated bathrooms. Major systems including the roof and AC have also been recently replaced, leaving no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Income Generation Potential
The property includes a lower-level studio with a kitchenette that currently produces $3,000-$4,000 in monthly rental income, offering a significant offset to mortgage costs.
- Extensive Modern Upgrades
Fully remodeled from top to bottom, the home features marble and bamboo flooring, custom cabinetry, and recent replacements of the roof, AC system, and all major appliances.
- Prime Urban Location
Ideally situated near the DTLA Financial Center, Chinatown, and major cultural landmarks like Walt Disney Music Hall, providing high walkability and low HOA fees for the area.
CONSRISKS & DEFICIENCIES
- Vertical Living Constraints
The three-level townhouse layout may be challenging for buyers with mobility concerns or those who prefer a more traditional, single-level open floor plan.
- Underperforming School District
The assigned local public schools have relatively low ratings, which may impact long-term resale value and appeal to families prioritizing top-tier education.
About 903 New Depot Street 12a
SPACIOUS 3-LVL TOWNHOUSE, W/ LOWER-LEVEL STUDIO W/KITCHENETTE. THE HOME IS TASTEFULLY REMODELED FROM TOP TO BOTTOM! PLUS: * TENANT INCOME PRODUCING $3-4K MONTHLY * NEW DISHWASHER* RECENT WASHER & DRYER * RECENT MICROWAVE * RECENT AC REPLACEMENT * RECENT ROOF REPLACEMENT * CUSTOM MADE KITCHEN CABINETS * MARBLE & BAMBOO FLOORING * LOW HOA * CONVENIENT DIST. TO DTLA FINANCIAL CTR, CHINATOWN, GRAND PARK, WALT DISNEY MUSIC HALL, USC & METRO. THIS HOME IS A HIDDEN GEM. GREAT INVESTMENT OPPORTUNITY. WELCOME HOME!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1974
- Lot Size
- 29,414 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $220.5 / Month
Neighborhood Insights
Los Angeles Unified Schools
Castelar Street Elementary School
Grades K-5 • 0.3 mi
Betty Plasencia Elementary School
Grades K-6 • 0.7 mi
Solano Avenue Elementary School
Grades K-6 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 1.5 | 88% |
| Baths | 2.0 | 1.5 | 50% |
| Square foot | 1,172 | 1,024.5 | 62% |
| Lot Size | 29,414 | 64,671 | 41% |
| Price | $595.0K | $597.0K | 50% |
| Price per sq ft | $508 | $552 | 41% |
| Built year | 1974 | 1985 | 26% |
| HOA | $220.5 | $760 | 3% |
| Days on market | 11 | 190 | 3% |
Pricing History
Listed for Sale
Feb 23, 2026
$595,000
Initial Listing
Sold
Mar 31, 2004
$215,000
Public Record