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616 S Wilton Place 201, Los Angeles, California 90005, Los Angeles, 90005 - 3 bed, 3 bath

616 S Wilton Place 201, Los Angeles, California 90005 home-pic-0
ACTIVE$969,000
616 S Wilton Place 201, Los Angeles, California 90005
3Beds
3Baths
1,860Sqft
9,812Lot
Year Built
2005
Close
-
List price
$969K
Original List price
$999K
Price/Sqft
$521
HOA
$425
Days on market
-
Sold On
-
MLS number
25519321
Home ConditionFair
Features
Good View: City Lights
Deck
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $969.0K(88th), sqft - 1860(88th), beds - 3(65th), baths - 3(82th).

Exceptional corner unit located in a well-maintained contemporary building in the vibrant heart of Koreatown. This thoughtfully designed 3-bedroom, 2.5-bath residence offers an open-concept layout with expansive windows, allowing for ample natural light throughout. Enjoy spacious living room and fireplace, the gracious master suite includes a large walk-in closet, in-unit laundry, and two tandem parking spaces in a secured garage. Low HOA dues and a professionally managed building complete this rare offering. Close proximity to DTLA, Larchmont, Hancock Park, and public transit make this an ideal home for both end-users and and investors. MUST SEE !!!

Price History

Date
Event
Price
04/24/06
Sold
$829,000
Condition Rating
Fair
The property was built in 2005, making it 19 years old. While the building appears well-maintained, the interior shows signs of being dated and requiring minor updates. The bathroom features an early 2000s style with wood cabinets, dark granite countertops, and traditional light fixtures. The carpets in the bedrooms appear worn and may need replacement. Although no direct kitchen images are provided, the visible glimpses of cabinetry and the property's age suggest it is likely original to the build and would be considered dated. The overall condition is functional but lacks modern aesthetics and shows wear in key areas, aligning with the 'Fair' category.
Pros & Cons

Pros

Prime Location & Accessibility: Located in the vibrant heart of Koreatown with close proximity to DTLA, Larchmont, Hancock Park, and public transit, offering excellent accessibility and investment potential for both end-users and investors.
Modern & Spacious Corner Unit: Built in 2005, this exceptional corner unit features an open-concept layout, expansive windows for ample natural light, and a generous 1860 sqft with 3 bedrooms and 2.5 bathrooms.
Desirable Unit Features: The residence includes a spacious living room with a fireplace, a gracious master suite with a large walk-in closet, and convenient in-unit laundry, enhancing comfort and livability.
Secure Parking & Low HOA: A significant advantage in Los Angeles, the property offers two tandem parking spaces in a secured garage, complemented by low HOA dues ($425) and professional building management.
City Views: The property boasts desirable 'City Lights' views, adding to its aesthetic appeal and potential value.

Cons

Tandem Parking Arrangement: While two parking spaces are provided, the tandem setup can be less convenient for daily use compared to independent parking spots, potentially requiring vehicle shuffling.
Lack of Explicit Building Amenities: The property description does not detail common building amenities (e.g., gym, pool, community room), which might be a perceived drawback for buyers expecting such features in a contemporary condo building at this price point.
Urban Environment Considerations: Being in the 'vibrant heart of Koreatown,' the area can be dense and potentially subject to higher noise levels, which may not appeal to all buyers seeking a quieter residential experience.

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