800 W 1st Street 502, Los Angeles, California 90012, Los Angeles, 90012 - 1 bed, 1 bath

800 W 1st Street 502, Los Angeles, California 90012 home-pic-0
ACTIVE$475,000
800 W 1st Street 502, Los Angeles, California 90012
1Bed
1Bath
762Sqft
106,156Lot
Year Built
1968
Close
-
List price
$475K
Original List price
$475K
Price/Sqft
$623
HOA
$1,041
Days on market
-
Sold On
-
MLS number
SR24244086
Home ConditionGood
Features
Good View: Valley
ViewValley

About this home

We found 3 Cons,5 Pros. Rank: price - $475.0K(31th), sqft - 762(19th), beds - 1(38th), baths - 1(42th).

This 1 bedroom, 1 bathroom and 762 Sq Ft of living property unit in the prestigious Bunker Hill Towers offers an upgraded lifestyle in the heart of Los Angeles. Located minutes away from cultural and entertainment landmarks like the Dorothy Chandler Pavilion, Union Station, LA Live, Staples Center, and the Financial District, this property provides unparalleled convenience. Inside, the unit boasts new appliances and a secure, modern aesthetic. The community amenities elevate living to a luxurious experience, featuring on-site conveniences such as a mini-market, dry cleaners, and beauty salon suites. Residents enjoy exclusive access to state-of-the-art exercise facilities with separate his-and-hers wet and dry saunas, two private tennis courts, a pool and spa, high-speed internet, gas, water, BBQ areas with picnic tables, and a secure playground for children. An assigned parking space and a storage locker are included, with additional storage and office spaces available on-site. This is not just a property—it's a lifestyle designed for comfort and access to everything that makes Downtown Los Angeles vibrant and dynamic.

Nearby schools

6/10
Castelar Street Elementary School
Public,K-50.8mi
3/10
Sal Castro Middle School
Public,6-80.7mi
3/10
Belmont Senior High School
Public,9-120.7mi

Price History

Date
Event
Price
08/24/22
Sold
$460,000
04/26/22
Sold
$415,000
04/22/22
Sold
$389,000
Condition Rating
Good

Built in 1968, this unit has undergone significant updates, making it move-in ready. The description highlights 'new appliances' and an 'upgraded lifestyle.' The kitchen features modern stainless steel appliances and clean countertops, though the cabinet style appears to be from a renovation within the last 10-15 years rather than brand new. The bathroom also shows updated vanity and a modern faucet. Flooring (tile and carpet) and lighting (recessed) are well-maintained and functional. While not a full, recent high-end renovation, the property is in good condition with no immediate repairs needed, aligning with the 'good' criteria.
Pros & Cons

Pros

Prime Downtown Location: Situated in the prestigious Bunker Hill Towers, the property offers unparalleled access to major cultural, entertainment, and financial districts of Downtown Los Angeles, enhancing lifestyle and potential appreciation.
Extensive Community Amenities: Residents benefit from a comprehensive suite of on-site amenities including a mini-market, dry cleaners, beauty salon, state-of-the-art fitness center with saunas, two tennis courts, pool, spa, and BBQ areas.
Upgraded Unit & Modern Aesthetic: The unit features new appliances and a secure, modern aesthetic, providing an updated and comfortable living environment.
Included Parking & Storage: An assigned parking space and a storage locker are included, offering valuable convenience and security in a dense urban setting.
Valley View: The property boasts a desirable valley view, adding to its appeal and providing a pleasant outlook.

Cons

High Association Fee: The monthly association fee of $1041.0 is substantial for a 1-bedroom unit, significantly impacting the total cost of ownership.
Older Building Construction: Built in 1968, the building is over 50 years old, which may lead to higher maintenance costs or potential special assessments for infrastructure upgrades in the future.
Compact Living Space: With 762 Sq Ft, the 1-bedroom unit offers a relatively compact living space, which might be a consideration for buyers seeking more expansive interiors.

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