2220 Avenue Of The Stars 1501, Los Angeles, California 90067, Los Angeles, 90067 - 2 bed, 2 bath

2220 Avenue Of The Stars 1501, Los Angeles, California 90067 home-pic-0
ACTIVE$1,700,000
2220 Avenue Of The Stars 1501, Los Angeles, California 90067
2Beds
2Baths
1,575Sqft
177,861Lot
Year Built
1964
Close
-
List price
$1.7M
Original List price
$1.8M
Price/Sqft
$1,079
HOA
$2,088
Days on market
-
Sold On
-
MLS number
25551105
Home ConditionGood
Features
Excellent View: Ocean, Panoramic
Pool
ViewOcean, Panoramic

About this home

We found 3 Cons,5 Pros. Rank: price - $1.70M(45th), sqft - 1575(29th), beds - 2(50th), baths - 2(36th).

Unparalleled Opportunity at Century Towers! Welcome to Unit 1501 at the prestigious Century Towers, one of the most sought-after full-service buildings in Los Angeles. This rare offering presents a blank canvas for your dream condo, with all interior demolition completed and permits fully approved, allowing you to begin construction immediately. Spanning 1,575 sq ft, this 2-bedroom, 2-bathroom residence sits high on the 15th floor, offering stunning panoramic views from Malibu to the South Bay. Floor-to-ceiling windows flood the space with natural light and frame the breathtaking vistas. Permits approved and design plans included, offering flexibility to proceed with the current design or personalize further. Additionally, a washer and dryer are included for your convenience. Century Towers, designed by world-renowned architect I.M. Pei, is a landmark luxury building delivering high-class, full-service living. Monthly dues include 24-hour doormen, valet parking, front gate security, onsite management, cable TV, and water. Residents enjoy a resort-style pool, state-of-the-art fitness center, tennis courts, and beautifully landscaped grounds-all within one of LA's most exclusive and secure communities.This is a unique opportunity to build your vision in one of LA's most iconic addresses-perfect for end-users, savvy developers, or investors seeking a distinctive value-add opportunity.Renderings shown are conceptual and for inspiration purposes only.

Nearby schools

6/10
University Senior High School Charter
Public,9-123.1mi
6/10
University Senior High School
Public,9-123.1mi

Price History

Date
Event
Price
12/07/21
Sold
$1,200,000
07/17/13
Sold
$873,500
Condition Rating
Good

The unit is currently a blank canvas with approved permits and design plans. The renderings show a modern kitchen and bathroom design. While the building was built in 1964, the unit is undergoing renovation, suggesting that the final product will be in good condition. The common areas of the building appear well-maintained.
Pros & Cons

Pros

Panoramic Views: The unit boasts stunning panoramic views from Malibu to the South Bay, enhancing its desirability and market value.
Approved Permits & Design Plans: All interior demolition is completed, and permits are fully approved, allowing for immediate construction and customization.
Prime Location & Building Amenities: Located in the prestigious Century Towers, designed by I.M. Pei, offering full-service living with 24-hour doormen, valet parking, a resort-style pool, fitness center, and tennis courts.
Value-Add Opportunity: This property presents a unique opportunity for end-users, developers, or investors to build their vision and add significant value.
Washer and Dryer Included: The inclusion of a washer and dryer adds convenience and value for potential residents.

Cons

Renovation Required: The unit requires complete renovation, which may deter some buyers seeking a move-in ready property.
High Association Fees: The monthly association fee of $2088 is relatively high, which could be a concern for budget-conscious buyers.
Age of Building: Built in 1964, the building's age may necessitate future assessments for maintenance and upgrades.

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