630 W 6th Street 613, Los Angeles, California 90017, Los Angeles, 90017 - 1 bed, 1 bath

630 W 6th Street 613, Los Angeles, California 90017 home-pic-0
ACTIVE$350,000
630 W 6th Street 613, Los Angeles, California 90017
1Bed
1Bath
530Sqft
26,615Lot
Year Built
1962
Close
-
List price
$350K
Original List price
$350K
Price/Sqft
$660
HOA
$859.3
Days on market
-
Sold On
-
MLS number
25530565
Home ConditionGood
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $350.0K(14th), sqft - 530(10th), beds - 1(50th), baths - 1(50th).

Top-floor one-bedroom condo at Library Court, perfectly situated in the heart of Downtown LA's Financial District. This penthouse-level residence offers extra privacy with only one shared wall, high ceilings, and an open, flexible layout. The kitchen features stainless steel appliances, granite countertops, custom cabinetry, and a breakfast bar that flows seamlessly into the living area, ideal for entertaining or working from home. The fully enclosed bedroom offers a quiet retreat and the bathroom includes a granite vanity and a tub/shower combo. Additional conveniences include in-unit laundry and a deeded subterranean parking space. Library Court offers a Zen-style garden courtyard, fitness center, media/game room, business center, rooftop lounge, and 24-hour security. Located moments from the 7th & Hope Metro Station, FIGat7th, The BLOC, Whole Foods, Ralphs, the LA Central Library, and some of Downtown's best restaurants, shopping, and nightlife. HOA requires 30 day minimum for rentals.

Price History

Date
Event
Price
05/03/19
Sold
$459,000
10/25/17
Sold
$399,000
03/14/07
Sold
$360,000
Condition Rating
Good

The unit has been extensively renovated, featuring a modern kitchen with stainless steel appliances, granite countertops, and custom cabinetry, along with an updated bathroom with a granite vanity and subway tile. The flooring and light fixtures are contemporary, and the unit includes in-unit laundry. While the building was constructed in 1962, the interior of the condo appears to have undergone a significant renovation within the last 5-15 years, making it move-in ready with no immediate updates required. All major systems and finishes are well-maintained and functional.
Pros & Cons

Pros

Premier Downtown LA Location: Situated in the heart of the Financial District, offering exceptional walkability to major transit (Metro), retail (FIGat7th, The BLOC, Whole Foods), dining, and entertainment, appealing to urban dwellers.
Extensive Building Amenities: Library Court provides a robust suite of amenities including a Zen garden, fitness center, media/game room, business center, rooftop lounge, and 24-hour security, enhancing resident lifestyle and property value.
Penthouse-Level Privacy & Design: As a top-floor unit with only one shared wall and high ceilings, it offers superior privacy and an open, flexible layout, desirable for a condo living experience.
Modern Unit Features & Conveniences: The condo boasts an updated kitchen with stainless steel appliances and granite, in-unit laundry, and a deeded subterranean parking space, providing essential modern comforts and practicality.
Strong Rental Market Potential: Despite a 30-day minimum rental restriction, the prime location, amenities, and unit features make it highly attractive for long-term tenants, offering solid investment potential for rental income.

Cons

Substantial Monthly HOA Fee: The association fee of $859.30 is notably high for a 530 sqft one-bedroom unit, significantly impacting affordability and potential investment returns.
Compact Living Space: At 530 square feet, the unit offers limited living space, which may not appeal to all buyers seeking more expansive accommodations, particularly for long-term residency.
Absence of Views: Despite its penthouse-level position, the property lacks significant views, which is a missed opportunity and could detract from its perceived value compared to other top-floor units in the area.

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