326 Westminster Avenue 201, Los Angeles, California 90020, Los Angeles, 90020 - 2 bed, 2 bath

ACTIVE$790,000
326 Westminster Avenue 201, Los Angeles, California 90020
2Beds
2Baths
1,493Sqft
18,599Lot
Year Built
1992
Close
-
List price
$790K
Original List price
$790K
Price/Sqft
$529
HOA
$500
Days on market
-
Sold On
-
MLS number
25556595
Home ConditionFair
Features
Good View: City Lights
ViewCity Lights
About this home
We found 3 Cons,5 Pros. Rank: price - $790.0K(76th), sqft - 1493(76th), beds - 2(50th), baths - 2(50th).
Great opportunity to own well maintained condo in Hancock park area at great price! This unit is spacious 2bed and 2bath with walk in closet in peaceful and quiet street. It is on the 2nd floor with two balconies, facing to Westminster Ave. The unit has open floor plan and huge living room with fire place, connected to open kitchen. 3rd elementary school district. Extremely low listing price for "as is" purchasing condition.
Price History
Date
Event
Price
04/22/10
Sold
$525,000
08/07/08
Sold
$539,000
Condition Rating
Fair
The property, built in 1992, is well-maintained with good hardwood flooring in the living areas and fresh paint. However, the kitchen features outdated white appliances, light wood cabinets, and basic countertops, indicating no major renovations since construction. The bathrooms also present a dated aesthetic with green marble/granite and beige/brown tiles, traditional vanities, and older fixtures. While functional and clean, these key areas show significant signs of being outdated and would require minor to moderate updates to meet current buyer expectations and styles. The 'as is' purchasing condition also suggests that these updates are left to the buyer.
Pros & Cons
Pros
Prime Location: Situated in the highly desirable Hancock Park area on a peaceful and quiet street, offering a premium living environment.
Spacious & Functional Layout: Features a generous 1493 sqft with 2 bedrooms and 2 bathrooms, an open floor plan, a huge living room, and a walk-in closet, maximizing comfort and utility.
Desirable Amenities & Views: Includes a cozy fireplace, two private balconies, and offers city lights views, enhancing lifestyle and appeal.
Well-Maintained Property: Described as a 'well maintained condo,' suggesting good upkeep and potentially fewer immediate repair concerns.
Strong Value & School District: Listed at an 'extremely low listing price' for the area, presenting a compelling value proposition, and located within the reputable 3rd elementary school district.
Cons
As-Is Purchase Condition: The property is sold 'as is,' which may imply potential for unforeseen repairs or upgrades required by the buyer.
High Monthly Association Fee: A $500.0 monthly association fee adds a significant recurring cost to homeownership.
Building Age: Built in 1992, the property is over 30 years old, which could mean some original systems or finishes may require future updates or maintenance.
















