308 1/2 Commonwealth Avenue, Los Angeles, California 90020, Los Angeles, 90020 - 3 bed, 3 bath

308 1/2 Commonwealth Avenue, Los Angeles, California 90020 home-pic-0
ACTIVE$1,100,000
308 1/2 Commonwealth Avenue, Los Angeles, California 90020
3Beds
3Baths
1,897Sqft
381,629,152Lot
Year Built
1975
Close
-
List price
$1.1M
Original List price
$1.15M
Price/Sqft
$580
HOA
$200
Days on market
-
Sold On
-
MLS number
GD25217668
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $1.10M(96th), sqft - 1897(96th), beds - 3(76th), baths - 3(88th).

This stunning 3-bedroom, 1,897 sq ft townhome feels more like a single-family home with its private 2-car garage and direct entry. Step inside to an open, sun-filled floorplan with soaring 10-ft ceilings, skylights, and a private patio that’s perfect for relaxing or entertaining. The chef’s kitchen shines with stainless steel appliances, and brand-new finishes throughout—fresh paint, new flooring, and beautifully updated bathrooms. You’ll love the cozy fireplace, recessed lighting, central A/C, and in-unit laundry for everyday comfort. Upstairs, the oversized primary suite is your retreat with huge closets and a spa tub. The secondary bedroom is spacious enough for a king bed plus a sitting area, and the attached bath offers double sinks and tons of storage. Tucked away in the back of the community, this end unit offers extra privacy with easy garage access off 3rd Street. Low HOA dues and a prime location minutes from DTLA, Koreatown, Echo Park & Silver Lake make this home the total package!

Price History

Date
Event
Price
09/29/25
Price Change
$1,100,000-4.3%
09/15/25
Listing
$1,150,000
Condition Rating
Excellent

Despite being built in 1975, this property has undergone an extensive and recent renovation. The listing explicitly states 'brand-new finishes throughout—fresh paint, new flooring, and beautifully updated bathrooms,' along with a 'chef’s kitchen' featuring stainless steel appliances. The images confirm modern white shaker cabinets, light countertops, contemporary fixtures, recessed lighting, and new flooring throughout, indicating that all components are virtually new and meet current quality standards. The bathrooms also feature updated vanities, modern tiling, and a spa tub in the primary suite, aligning perfectly with the 'excellent' criteria for an extensively renovated property.
Pros & Cons

Pros

Single-Family Home Ambiance & Privacy: This townhome offers a rare single-family home feel with a private 2-car garage, direct entry, and an end-unit location providing enhanced privacy within a condominium community.
Extensive Modern Upgrades: The property boasts brand-new finishes throughout, including fresh paint, new flooring, beautifully updated bathrooms, and a chef's kitchen with stainless steel appliances, ensuring a move-in ready experience.
Premium Interior Features: Features an open, sun-filled floorplan with soaring 10-ft ceilings, skylights, central A/C, in-unit laundry, a cozy fireplace, recessed lighting, an oversized primary suite with huge closets, and a spa tub for luxurious comfort.
Excellent Urban Location: Strategically located in a prime Los Angeles area, minutes away from vibrant cultural and entertainment hubs such as DTLA, Koreatown, Echo Park, and Silver Lake, offering unparalleled convenience.
Private Outdoor Space & Low HOA: Includes a private patio ideal for relaxation or entertaining, complemented by remarkably low HOA dues of $200, which is highly attractive for the Los Angeles market.

Cons

Age of Building (1975): Despite recent interior renovations, the 1975 construction year means the underlying building infrastructure is older, potentially leading to higher long-term maintenance costs or future special assessments from the HOA.
Condominium Ownership Limitations: As a condominium, owners are subject to HOA rules and regulations, which may restrict exterior modifications, pet policies, or rental options, and require shared decision-making for common area maintenance.
Recent Price Reduction: The property has undergone a price reduction from its original listing of $1.15M to $1.1M, which could indicate initial overpricing or a slower market response, potentially affecting perceived value.

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