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1118 Valencia Street 114, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath

1118 Valencia Street 114, Los Angeles, California 90015 home-pic-0
ACTIVE$409,000
1118 Valencia Street 114, Los Angeles, California 90015
1Bed
1Bath
650Sqft
147,380Lot
Year Built
1983
Close
-
List price
$409K
Original List price
$460K
Price/Sqft
$629
HOA
-
Days on market
-
Sold On
-
MLS number
OC25103781
Home ConditionExcellent
Features
Good View: City Lights
Pool
Spa
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $409.0K(9th), sqft - 650(9th), beds - 1(50th), baths - 1(50th).

Discover contemporary comfort and convenience in this beautifully remodeled corner-unit condo at Vista Montoya, a gated community nestled in the heart of Downtown LA's Pico-Union district! Spacious 1 Bedroom, 1 Bath with an open-concept layout, maximizing every square foot. Featuring sleek quartz countertops, custom cabinetry, and stainless steel appliances. Condo also features private balconies off the living room and master bedroom, adorned with low-maintenance wooden tiles and offering built-in storage. Complex provide 24-hour security and underground covered parking. Just blocks from LA Live, Crypto.com Arena, and the Convention Center, this residence offers the perfect blend of modern living and prime location! Whether you're seeking a chic urban retreat or a savvy investment opportunity, this condo offers exceptional value in a vibrant neighborhood. With its proximity to entertainment venues, dining, and easy freeway access, schedule your showing today!

Price History

Date
Event
Price
08/07/25
Price Change
$409,000
05/09/25
Listing
$460,000
08/25/21
Sold
$412,000
06/12/02
Sold
$82,500
Condition Rating
Excellent
This condo, though built in 1983, has been 'beautifully remodeled' as stated in the description, and the images strongly support this claim. The kitchen features sleek quartz countertops, modern white custom cabinetry, and stainless steel appliances, all appearing new or virtually new. The bathroom also showcases a contemporary vanity and updated fixtures, including a convenient stacked washer/dryer. New hardwood/laminate flooring and recessed lighting throughout the living areas and bedroom further enhance the modern aesthetic. The overall condition reflects a comprehensive and recent renovation, bringing the property up to current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Prime Urban Location & Accessibility: Strategically located in the heart of Downtown LA's Pico-Union district, offering unparalleled proximity to major entertainment venues like LA Live, Crypto.com Arena, and the Convention Center, coupled with easy freeway access.
Modern & Remodeled Interior: The condo has been beautifully remodeled with an open-concept layout, featuring high-end finishes including sleek quartz countertops, custom cabinetry, and stainless steel appliances, providing a contemporary and move-in ready living space.
Enhanced Security & Community Amenities: Part of Vista Montoya, a gated community that provides 24-hour security and convenient underground covered parking, offering residents peace of mind and added convenience in an urban setting.
Private Outdoor Space & City Views: Features private balconies off both the living room and master bedroom, adorned with low-maintenance wooden tiles and built-in storage, providing desirable outdoor space and city light views.
Strong Investment Potential: Positioned as a savvy investment opportunity in a dynamic urban market, offering exceptional value, especially considering the recent price reduction from its original listing.

Cons

Compact Living Space: With only 1 bedroom and 1 bathroom across 650 sqft, the unit's compact size may limit its appeal to individuals or couples, potentially excluding buyers seeking more expansive living areas or accommodating families.
Condominium Ownership Limitations: As a condominium, ownership inherently involves shared walls, potential noise transfer, and mandatory Homeowners Association (HOA) fees, which can add to monthly expenses and impose community rules.
Specific Neighborhood Perception: While centrally located in Downtown LA, the Pico-Union district, despite its vibrancy, may carry a mixed perception for some buyers, potentially influencing the buyer pool or future appreciation compared to other more established DTLA sub-markets.

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