991 Arapahoe Street 308a, Los Angeles, California 90006, Los Angeles, 90006 - 2 bed, 2 bath
991 Arapahoe Street 308a
Los Angeles, California 90006
Property Price
SUMMARY
Analysis of 991 Arapahoe Street 308a, Los Angeles, California 90006 is currently available with a list price of $650,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
Built in 2009, this property fits the 10-20 year age bracket for a 'good' condition rating. The unit is move-in ready with desirable features including hardwood flooring, granite countertops, and newly added recessed lighting. While not a full recent renovation, the 2023 remodel of the hallway bathroom and the well-maintained state of the kitchen and master suite indicate high quality with minimal wear.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Interior & Recent Upgrades
Built in 2009, this unit features high ceilings, recessed lighting, and a 2023 remodeled bathroom, providing a contemporary and move-in-ready luxury aesthetic.
- Prime Location & Views
Ideally situated between Koreatown and Downtown LA, the condo offers two private balconies with impressive views of the city skyline and easy access to major freeways.
- Functional & Spacious Layout
The 1,260 sqft floor plan includes a large master suite with a walk-in closet and a dedicated side-by-side laundry room, offering superior storage and convenience compared to typical urban units.
CONSRISKS & DEFICIENCIES
- Tandem Parking
The two reserved parking spaces are in a tandem configuration, which can be a daily inconvenience for households with multiple drivers.
- High Monthly HOA Fees
The association fee of $550.09 is relatively high, which increases the total monthly carrying cost and may deter budget-conscious buyers.
About 991 Arapahoe Street 308a
LUXURY STYLE NEWLY BUILT IN 2009, 2BEDS + 2BATHS CONDO CONVENIENTLY LOCATED NEAR KOREATOWN AND DOWNTOWN LA. THIS BRIGHT AND QUIET UNIT FEATURES HIGH CEILINGS AND NEWLY ADDED RECESSED LIGHTING THROUGHOUT. LIVING AREA BOASTS HARDWOOD FLOORS, WHILE KITCHEN AND BOTH BATHROOMS FEATURE GRANITE COUNTERTOPS. HALLWAY BATHROOM RECENTLY REMODELED (2023). SPACIOUS MASTER SUITE INCLUDES A WALK-IN CLOSET AND A LARGE BATHROOM WITH A BATHTUB AND SEPARATE GLASS SHOWER. THE UNIT FEATURES TWO SEPARATE BALCONIES OFF THE LIVING ROOM AND MASTER BEDROOM, BOTH OFFERING A DOWNTOWN LA VIEW. INCLUDES A SIDE-BY-SIDE LAUNDRY ROOM AND AMPLE STORAGE SPACE. 2-CAR RESERVED(TANDEM) SUBTERRANEAN PARKING INCLUDED. BUILDING AMENITIES FEATURE AN GYM/COMMUNITY ROOM AND 24-HOUR SECURITY CAMERAS. IDEALLY LOCATED WITH EASY ACCESS TO 10 & 110 FREEWAYS, DOWNTOWN LA, SHOPS, AND RESTAURANTS. MOVE-IN READY. MUST SEE!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2009
- Lot Size
- 26,668 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $550.09 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 53% |
| Baths | 2.0 | 1.0 | 53% |
| Square foot | 1,260 | 870 | 79% |
| Lot Size | 26,668 | 9,726.5 | 89% |
| Price | $650.0K | $541.5K | 63% |
| Price per sq ft | $516 | $609 | 24% |
| Built year | 2009 | 2018 | 45% |
| HOA | $550.09 | $442 | 84% |
| Days on market | 8 | 192 | 3% |
Pricing History
Listed for Sale
Feb 27, 2026
$650,000
Initial Listing
Price Change
Feb 26, 2026
$750,000
Initial Listing
Sold
Nov 6, 2018
$600,000
Public Record
Sold
Dec 18, 2009
$405,000
Public Record