321 S Oxford Avenue 505, Los Angeles, California 90010, Los Angeles, 90010 - 3 bed, 2 bath

321 S Oxford Avenue 505, Los Angeles, California 90010 home-pic-0
ACTIVE$915,000
321 S Oxford Avenue 505, Los Angeles, California 90010
3Beds
2Baths
1,358Sqft
Lot
Year Built
2024
Close
-
List price
$915K
Original List price
$965K
Price/Sqft
$674
HOA
$638.21
Days on market
-
Sold On
-
MLS number
25507929
Home ConditionExcellent
Features
Good View: Courtyard
Deck
ViewCourtyard

About this home

We found 3 Cons,5 Pros. Rank: price - $915.0K(30th), sqft - 1358(40th), beds - 3(50th), baths - 2(50th).

SPECIAL BUILDER FINANCING 4.5% WITH 2-1 BUYDOWN AVAILABLE! DON'T MISS THIS BRAND NEW CONSTRUCTION LUXURY CONDO IN THE HEART OF KOREATOWN WITH VIEWS, VIEWS, VIEWS! 2,3 & 4 Bedroom options.3 BED + 2 BATH South & West Corner Unit. High fashion modern styling, sleek architecture, center courtyard with glass railings and gym! Luxury living, great floor plans, awesome views, large balconies. INCLUDED APPLIANCES ARE: REFRIGERATOR, DISHWASHER, MICROWAVE, STOVE RANGE, LG WASHER and LG DRYER! Large and elegant kitchens with beautiful warm flooring, great floor plans. Everything was carefully designed for easy living. Ideal location in Koreatown, arguably cannot get any better! Just 2 blocks from the California Market (Korean Supermarket w/ Restaurants and shops in the courtyard above), across the street from YMCA with gym and pool! Few blocks away from Wilshire Western Subway station. Near all the restaurants, shops and entertainment in town. Don't miss this special opportunity to live in a NEW BUILDING in KOREATOWN. Come before its gone! Pictures may be photos of a different unit. 3BED+2BATH SOUTH & WEST Corner.

Condition Rating
Excellent

This is a brand new construction condo built in 2024, featuring high-fashion modern styling and sleek architecture. The kitchen boasts new, stainless steel LG appliances, modern flat-panel cabinetry, and contemporary countertops with a matching backsplash. All visible components, including flooring, lighting, and general finishes, are new and meet current quality standards, indicating no deferred maintenance and minimal physical depreciation. The property is move-in ready with all new systems and features.
Pros & Cons

Pros

New Construction & Modern Design: Built in 2024, this luxury condo features high-fashion modern styling, sleek architecture, and contemporary finishes throughout.
Exceptional Location & Walkability: Located in the heart of Koreatown, offering unparalleled access to markets, diverse dining, entertainment, and public transportation, including the Wilshire Western Subway station.
Attractive Builder Financing: Special builder financing at 4.5% with a 2-1 buydown is available, providing a significant financial incentive for potential buyers.
Comprehensive Amenities & Views: The building includes a center courtyard with glass railings, a gym, large balconies, and boasts 'VIEWS, VIEWS, VIEWS!' from its South & West corner unit.
Turnkey Ready with Appliances: The unit comes fully equipped with a complete suite of new LG appliances, including a refrigerator, dishwasher, microwave, stove range, washer, and dryer, ensuring a move-in ready experience.

Cons

High Monthly HOA Fees: The association fee of $638.21 per month is substantial and adds significantly to the overall cost of ownership, potentially impacting affordability.
Generic Listing Photos: The disclaimer 'Pictures may be photos of a different unit' can create uncertainty and a lack of transparency for prospective buyers regarding the specific unit's appearance.
Recent Price Reduction: A reduction from the original list price of $965,000 to $915,000 suggests potential challenges in market absorption or initial overpricing.

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