11121 Queensland Street H48, Los Angeles, California 90034, Los Angeles, 90034 - 2 bed, 2 bath
ACTIVE UNDER CONTRACT$495,000
11121 Queensland Street H48, Los Angeles, California 90034
2Beds
2Baths
1,309Sqft
160,559Lot
Year Built
1961
Close
-
List price
$495K
Original List price
$495K
Price/Sqft
$378
HOA
$536
Days on market
-
Sold On
-
MLS number
NP25176453
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $495.0K(50th), sqft - 1309(50th), beds - 2(50th), baths - 2(50th).
Great opportunity to buy in the Queensland Community. This property is in its original condition, needs updating, retrofitting, and deep cleaning. The condo offers 2 bedrooms, 2 bathrooms, a balcony and a storage closet.
Price History
Date
Event
Price
08/07/25
Listing
$495,000
Condition Rating
Poor
The property was built in 1961, making it 64 years old. The listing description explicitly states it is in 'original condition' and 'needs updating, retrofitting, and deep cleaning.' This indicates substantial repairs and rehabilitation are required, aligning with the 'poor' condition criteria. The lack of interior images prevents specific assessment of kitchen/bathroom styles, but the description strongly suggests they are severely outdated and likely non-functional or in disrepair.
Pros & Cons
Pros
Desirable Location: Situated in Los Angeles, within the sought-after Palms - Mar Vista area (MLS Area C13), offering convenient access to city amenities and attractions.
Competitive Price Point: Listed at $495,000, this 2-bedroom, 2-bathroom unit presents a relatively affordable entry opportunity into the Los Angeles real estate market.
Spacious Interior: With 1309 sqft, the condo offers a generous and comfortable living space for a 2-bedroom unit.
Included Amenities: The property features a private balcony and a dedicated storage closet, enhancing livability and convenience.
Investment Potential: Described as a 'Great opportunity to buy,' this property holds significant potential for value appreciation upon completion of necessary updates and renovations.
Cons
Extensive Renovation Required: The property is in 'original condition' and explicitly 'needs updating, retrofitting, and deep cleaning,' indicating a substantial immediate investment for the buyer.
Stock Cooperative Ownership: As a 'Stock Cooperative,' this ownership type can involve unique complexities, including stricter rules, potential financing limitations, and board approval for sales or major renovations, differing from traditional condo ownership.
High Association Fees: The monthly association fee of $536 is considerable, adding a significant ongoing cost to ownership, particularly for a property that requires substantial additional investment for improvements.