1271 Granville Avenue 307, Los Angeles, California 90025, Los Angeles, 90025 - 2 bed, 2 bath

1271 Granville Avenue 307, Los Angeles, California 90025 home-pic-0
ACTIVE$939,000
1271 Granville Avenue 307, Los Angeles, California 90025
2Beds
2Baths
1,470Sqft
18,545Lot
Year Built
1981
Close
-
List price
$939K
Original List price
$955K
Price/Sqft
$639
HOA
$670
Days on market
-
Sold On
-
MLS number
25512439
Home ConditionGood
Features
Good View: City Lights
Deck
Spa
ViewCity Lights

About this home

We found 3 Cons,6 Pros. Rank: price - $939.0K(40th), sqft - 1470(51th), beds - 2(50th), baths - 2(46th).

Discover the perfect blend of comfort, convenience, and investment potential at 1271 Granville Ave, Unit 307! This stylish 2-bed, 2-bath condo is located in the heart of West Los Angeles, just minutes from Beverly Hills, Santa Monica, and Brentwood. Enjoy easy access to world-class dining, shopping, and entertainment, all within reach.Designed for modern living, this bright and spacious unit offers a fantastic opportunity live in it, lease it out, or even use it as an Airbnb. The building features great amenities, including a spa for relaxation and guest parking, making it easy to host overnight visitors.A rare find in an unbeatable location don't miss out on this exceptional opportunity! Schedule your showing today!

Nearby schools

5/10
Brockton Avenue Elementary School
Public,K-50.1mi
7/10
Nora Sterry Elementary School
Public,K-50.8mi
8/10
McKinley Elementary School
Public,PK-51.3mi
9/10
Franklin Elementary School
Public,PK-51.4mi
8/10
Edison Elementary School
Public,PK-51.5mi
6/10
Richland Avenue Elementary School
Public,K-61.7mi
8/10
Grant Elementary School
Public,PK-51.9mi
9/10
Overland Avenue Elementary School
Public,K-52.4mi
8/10
Clover Avenue Elementary School
Public,K-52.4mi
8/10
Mar Vista Elementary School
Public,K-52.6mi
8/10
Lincoln Middle School
Public,6-82.0mi
6/10
John Adams Middle School
Public,6-82.3mi
6/10
University Senior High School
Public,9-120.0mi
8/10
Santa Monica High School
Public,9-122.8mi
6/10
Venice Senior High School
Public,9-123.4mi

Price History

Date
Event
Price
10/14/16
Sold
$700,000
05/17/13
Sold
$610,000
12/30/03
Sold
$485,000
08/26/98
Sold
$210,000
Condition Rating
Good

The property, built in 1981, has undergone significant modern renovations, particularly evident in the kitchen and bathrooms. The kitchen features white shaker-style cabinets, stainless steel appliances, light countertops, and a subway tile backsplash, all indicative of a recent update. Both bathrooms are similarly updated with modern vanities, fixtures, and subway tile surrounds. The living areas have clean, hard-surface flooring, and bedrooms are carpeted, all appearing well-maintained. While the building itself is older, the unit presents as move-in ready with a contemporary aesthetic, suggesting extensive renovations within the last 5-15 years, aligning with the 'Good' condition criteria.
Pros & Cons

Pros

Great Schools: Elementary School: Franklin Elementary School (9/10).
Exceptional Location: Situated in the heart of West Los Angeles, the property offers unparalleled access to Beverly Hills, Santa Monica, and Brentwood, with world-class dining, shopping, and entertainment just minutes away.
Versatile Investment Opportunity: The unit is explicitly marketed for its flexibility, suitable for owner-occupancy, traditional leasing, or as an Airbnb, appealing to a broad range of buyers seeking income potential.
Generous Interior Space: At 1470 sqft for a 2-bed, 2-bath configuration, the condo provides a spacious living environment, which is often larger than comparable units in the area.
Desirable Building Amenities: The building features a spa for relaxation and convenient guest parking, enhancing resident comfort and making it easier to host visitors.
City Lights View: The property boasts a desirable 'City Lights' view, adding aesthetic appeal and potentially increasing its market value.

Cons

High Monthly Association Fee: The $670.0 monthly association fee is a significant ongoing expense that will add considerably to the cost of ownership and impact cash flow for investors.
Building Age and Potential for Updates: Built in 1981, the building is over 40 years old. While the unit is described as 'modern living,' the lack of specific renovation details for the unit or common areas could imply future maintenance or upgrade costs for a buyer.
Recent Price Reduction: The current list price of $939,000 is a reduction from the original $955,000, which might suggest a longer time on market or initial overpricing, potentially raising buyer questions about market value.

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