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630 W 6th Street 303, Los Angeles, California 90017, Los Angeles, 90017 - 1 bed, 1 bath

630 W 6th Street 303, Los Angeles, California 90017 home-pic-0
ACTIVE$368,888
630 W 6th Street 303, Los Angeles, California 90017
1Bed
1Bath
710Sqft
26,615Lot
Year Built
1962
Close
-
List price
$369K
Original List price
$469K
Price/Sqft
$520
HOA
$794
Days on market
-
Sold On
-
MLS number
225000016
Home ConditionGood
Features
Good View: City Lights
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $368.9K(18th), sqft - 710(36th), beds - 1(50th), baths - 1(50th).

Experience modern sophistication in this spacious one-bedroom boutique residence located in Downtown LA's Financial District. Floor-to-ceiling glass walls in the living room and bedroom offer scenic treetop and city views, while tall ceilings and light wood flooring create an airy, open feel.The updated kitchen features dark wood cabinetry, an eat-in granite countertop, and stainless steel appliances. Additional conveniences include an in-unit vented washer and dryer and an assigned parking space.Residents enjoy premium amenities at Library Court, including 24-hour security, a fitness center, a serene courtyard, a meeting room, and easy trash chute access.Perfectly situated near The Bloc, Fig at 7th, Whole Foods, and the Metro Station, this home offers unbeatable access to dining, shopping, and transportation. Live the best of urban comfort and style in the heart of the city.

Price History

Date
Event
Price
05/14/07
Sold
$420,000
Condition Rating
Good
The property, built in 1962, has undergone a significant renovation, likely within the last 5-15 years, making it move-in ready. The kitchen features updated light wood cabinetry, granite countertops, and stainless steel appliances, though the electric range is an older coil-top model. The bathroom is also updated with a modern vanity, white countertop, and clean tile. Light wood-look flooring is consistent throughout the main living areas and bedroom, and the walls are freshly painted. While the building is older, the unit's interior systems and finishes are well-maintained and functional, showing minimal wear and tear, aligning with the 'Good' condition criteria for a property extensively renovated within 5 to 15 years.
Pros & Cons

Pros

Prime Downtown Location: Perfectly situated in Downtown LA's Financial District, offering unbeatable access to dining, shopping (The Bloc, Fig at 7th, Whole Foods), and transportation (Metro Station).
Premium Building Amenities: Residents benefit from comprehensive amenities at Library Court, including 24-hour security, a fitness center, a serene courtyard, a meeting room, and easy trash chute access.
Modern Interior & Views: Features floor-to-ceiling glass walls with scenic treetop and city views, tall ceilings, light wood flooring, and an updated kitchen with granite countertops and stainless steel appliances.
In-Unit Conveniences: Includes highly desirable in-unit vented washer and dryer, along with an assigned parking space, adding significant comfort and practicality for urban living.
Significant Price Reduction: The property has seen a substantial price drop from its original list price of $468,888 to $368,888, presenting a potential value opportunity for buyers.

Cons

High Monthly HOA Dues: The association fee of $794.0 per month is considerably high for a one-bedroom unit, significantly impacting the overall monthly housing cost for potential buyers.
Building Age & Potential Costs: Built in 1962, the building is over 60 years old. While the unit is updated, the age of the building could lead to higher maintenance costs or potential special assessments for the association in the future.
Concerning Price History: The current list price of $368,888 is lower than its 2007 sale price of $420,000, which may indicate a depreciation in market value or suggest challenges in the property's valuation.

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