
Los Angeles, California 90006
This 3-Bedroom Koreatown Condominium is a Strong Value Opportunity, listed at $685,000—positioned well above the $652,748 Fair Market Value by 4%. While priced slightly above market, the property offers a Condition Rating of 3, featuring a Granite Kitchen, Hardwood Flooring, and Two Parking Spaces—a rare commodity in this district. With its Front-Facing Corner Positioning and dual balconies, this residence provides a premium lifestyle in a vibrant urban center. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready, well-maintained home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 906 S Serrano Avenue 401 Subject 3 bd · 2 ba · 1,140 sqft · $552 | $645,000* List Price | 3 | 2 | 1,140 | $552 | - |
A 1036 S Serrano 105 Sold 2 bd · 2 ba · 1,160 sqft · $530 · 0.3 mi | $615,000 | 2 | 2 | 1,160 | $530 | 0.3 mi |
B 1043 S Kenmore Avenue 404 Sold 2 bd · 2 ba · 1,200 sqft · $516 · 0.6 mi | $619,000 | 2 | 2 | 1,200 | $516 | 0.6 mi |
C 3061 W 12th Place 308 Sold 2 bd · 2 ba · 980 sqft · $561 · 0.5 mi | $550,000 | 2 | 2 | 980 | $561 | 0.5 mi |
D 980 S Oxford 304 Sold 3 bd · 2 ba · 1,260 sqft · $526 · 0.2 mi | $663,000 | 3 | 2 | 1,260 | $526 | 0.2 mi |
E 1037 Fedora Street 204 Sold 2 bd · 2 ba · 970 sqft · $552 · 0.5 mi | $535,000 | 2 | 2 | 970 | $552 | 0.5 mi |
F 3400 San Marino Street M Sold 2 bd · 2 ba · 1,176 sqft · $599 · 0.1 mi | $705,000 | 2 | 2 | 1,176 | $599 | 0.1 mi |
G 980 S Oxford 303 Active 3 bd · 2 ba · 1,260 sqft · $554 · 0.2 mi | $698,000 List Price | 3 | 2 | 1,260 | $554 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, the property is well-maintained, functional, and completely move-in ready. The interior features updated elements including hardwood flooring, granite countertops, and a brand-new range, showing no signs of deferred maintenance.
Three-bedroom units are exceptionally difficult to find in the Koreatown market, providing a significant competitive advantage for families or those requiring a dedicated home office.
As a front-facing corner unit with South and West exposures, the residence maximizes natural light and offers superior ventilation and city views compared to standard interior units.
Constructed in 2005, the property includes essential modern conveniences such as central A/C, in-unit laundry, and two highly-coveted parking spaces in a high-density neighborhood.
The property has been on the market for over 40 days and has already undergone a $30,000 price reduction, suggesting potential friction in achieving the initial valuation.
The $500 monthly association fee represents a significant recurring expense that may impact the overall affordability and debt-to-income ratio for prospective buyers.
RARE 3-BEDROOM KOREATOWN VALUE This bright corner residence in an intimate building offers something increasingly difficult to find in central Los Angeles: three spacious bedrooms, two full bathrooms and two secure assigned parking spaces, all at an exceptional value. WHAT YOU GET: This front-facing, well-maintained single-story condo features loads of natural light, hardwood floors; updated appliances, carpeting and HVAC systems; abundant storage including a walk-in primary closet and kitchen pantry; in-unit washer and dryer; two balconies; and south- and west-facing exposures that provide natural light throughout the day. The thoughtful floor plan separates the bedroom wing from the main living areas, offering privacy and flexibility for working from home, guests or everyday living. Set on a quieter residential street in a secure elevator building, the location earns a 97 Walk Score ("Walker's Paradise") and 77 Transit Score ("Excellent Transit"). Grocery stores, Koreatown's renowned restaurants and nightlife, and Metro's D Line are all just a short distance away. Downtown, Mid-Wilshire, Century City and West Hollywood are also easily accessible giving you the convenience of central Los Angeles without the price tag of many surrounding neighborhoods. Three bedrooms. Two bathrooms. Two parking spaces. Two balconies. Exceptional location and value. Seller open to a Rate Buy Down.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,140 | 1,252.996 |
| Lot Size | 8,558 | 26,029.603 |
| Price | $645.0K | $778.5K |
| Price per sq ft | $566 | $629 |
| Built year | 2005 | 1981 |
| HOA | $500.0 | $676 |
| Days on market | 86 | 74 |
Oct 9, 2026
$645,000
$685,000
-6% Price Drop
Initial Listing
Sep 19, 2026
$685,000
$715,000
-4% Price Drop
Initial Listing
Aug 15, 2026
$715,000
Initial Listing
Jun 2, 2017
$630,000
Public Record
Mar 25, 2015
$400,000
Public Record
Mar 27, 2009
$350,000
Public Record
Feb 9, 2007
$685,000
Public Record
Jul 19, 2006
$670,000
Public Record