991 Arapahoe Street 308a, Los Angeles, California 90006, Los Angeles, 90006 - 2 bed, 2 bath
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Los Angeles, California 90006
This Modern Urban Condominium is a Strong Value Opportunity, listed at $650,000—positioned well below the $690,352 Fair Market Value by 5%. This valuation gap provides $40,352 in Instant Equity for buyers. Boasting a Good Condition Rating, the unit features a 2023 Remodeled Bathroom, Granite Countertops, and two private balconies with DTLA City Views. Located in the vibrant Mid-Wilshire area within the Los Angeles Unified district, it offers a turnkey lifestyle with significant financial upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 991 Arapahoe Street 308a Subject | $650,000* List Price | 2 | 2 | 1,260 | $548 | - |
A 1043 S Kenmore Avenue 201 Sold | $635,000 | 2 | 2 | 1,210 | $525 | 0.7 mi |
B 1133 S Hoover Street 417 Sold | $555,000 | 2 | 3 | 1,140 | $487 | 0.2 mi |
C 2321 W 10th Street 305 Sold | $566,000 | 2 | 2 | 950 | $596 | 0.2 mi |
D 917 S New Hampshire Avenue 202 Active | $740,000 List Price | 2 | 2 | 1,260 | $587 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was built in 2009, placing it within the 10-20 year age bracket for a 'good' condition rating. It is move-in ready with well-maintained features including hardwood flooring, granite countertops, and high ceilings. While it features a 2023 remodel of the hallway bathroom and newly added recessed lighting, the property has not undergone a full recent renovation to qualify as 'excellent,' but remains in high-quality, functional condition.
Strategically located near Koreatown and Downtown LA with easy freeway access, this unit features two private balconies offering sought-after views of the city lights.
Built in 2009, the property boasts high ceilings, hardwood flooring, and a 2023 remodeled bathroom, providing a contemporary feel with no immediate renovation required.
The 1,260 sqft floor plan includes a generous master suite with a walk-in closet and a dedicated side-by-side laundry room, offering superior utility compared to standard urban condos.
The reserved subterranean parking is in a tandem configuration, which can be a daily inconvenience for multi-driver households compared to side-by-side spots.
The monthly association fee of $550.09 represents a significant recurring expense that may impact the overall affordability and debt-to-income ratio for potential buyers.
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!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.5 | 50% |
| Baths | 2.0 | 1.5 | 50% |
| Square foot | 1,260 | 965 | 88% |
| Lot Size | 26,668 | 9,436.5 | 95% |
| Price | $650.0K | $557.5K | 68% |
| Price per sq ft | $516 | $619 | 20% |
| Built year | 2009 | 2013 | 50% |
| HOA | $550.09 | $451 | 78% |
| Days on market | 55 | 212 | 3% |
Feb 27, 2026
$650,000
Initial Listing
Feb 26, 2026
$750,000
Initial Listing
Nov 6, 2018
$600,000
Public Record
Dec 18, 2009
$405,000
Public Record