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436 S Virgil Avenue 501, Los Angeles, California 90020, Los Angeles, 90020 - 2 bed, 2 bath

436 S Virgil Avenue 501, Los Angeles, California 90020 home-pic-0
ACTIVE$788,000
436 S Virgil Avenue 501, Los Angeles, California 90020
2Beds
2Baths
1,164Sqft
31,559Lot
Year Built
2015
Close
-
List price
$788K
Original List price
$788K
Price/Sqft
$677
HOA
$641.41
Days on market
-
Sold On
-
MLS number
25528337
Home ConditionExcellent
Features
Excellent View: City Lights
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $788.0K(76th), sqft - 1164(64th), beds - 2(50th), baths - 2(50th).

This 2 bed 2 bath unit offering contemporary floor plan with views of Koreatown, Hollywood sign & close to DTLA. Featuring modern designer surfaces & fixtures including recessed lighting & chic hardwood floors. Generous detailed kitchen w/polished Quartz countertops., custom designed glass & natural stone backsplash, modern cabinetry & premium stainless appliances. Refrigerator included. Spacious laundry rooms equipped w/full size washer and dryer. Two assigned parking spaces in secured grage. Bycle storage. On -site fitness w/state of the art equipment for cardiovascular & weight training, boxing fitness, yoga/meditation area. Courtyard & exterior common areas w/relaxed seating & community BBQ grill. On-site pet friendly area w/secured dog walk.

Price History

Date
Event
Price
09/29/17
Sold
$750,000
Condition Rating
Excellent
Built in 2015, this property is only 9 years old, falling well within the 'Excellent' category's 'built within 10 years' criterion. The description explicitly states 'modern designer surfaces & fixtures,' 'recessed lighting,' 'chic hardwood floors,' 'polished Quartz countertops,' 'custom designed glass & natural stone backsplash,' 'modern cabinetry,' and 'premium stainless appliances.' These details confirm that all components are new or virtually new, meeting current quality standards with no deferred maintenance. The exterior image also depicts a modern and well-maintained building, consistent with its recent construction.
Pros & Cons

Pros

Modern Interior Finishes: The unit boasts a contemporary floor plan with modern designer surfaces, recessed lighting, chic hardwood floors, and a high-end kitchen featuring Quartz countertops, custom backsplash, and premium stainless appliances.
Extensive Building Amenities: Residents benefit from a state-of-the-art fitness center (including boxing and yoga areas), a communal courtyard with BBQ grills, and a dedicated pet-friendly area with a secured dog walk.
Desirable Urban Location & Views: Strategically located close to DTLA, the unit offers scenic views of Koreatown, the Hollywood Sign, and city lights, enhancing its appeal and potential for appreciation.
Convenient In-Unit Inclusions: The property includes a refrigerator, full-size washer and dryer, and two assigned parking spaces in a secured garage, providing significant value and convenience.
Recent Construction: Built in 2015, the building offers modern construction standards, potentially reducing immediate maintenance and repair concerns compared to older properties.

Cons

High Monthly Association Fee: The substantial monthly association fee of $641.41 adds significantly to the overall cost of ownership, which may deter some potential buyers.
Condominium Restrictions: As a condominium, the property is subject to HOA rules and regulations, which can limit owner autonomy regarding property modifications and usage.
Urban Density & Noise: Located in a dense urban environment, the unit may experience higher levels of ambient noise from neighbors or street traffic, and offers limited private outdoor space.

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