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880 W 1st St 304, Los Angeles, California 90012, Los Angeles, 90012 - 2 bed, 2 bath

880 W 1st St 304, Los Angeles, California 90012 home-pic-0
ACTIVE$499,999
880 W 1st St 304, Los Angeles, California 90012
2Beds
2Baths
1,323Sqft
Lot
Year Built
1982
Close
-
List price
$500K
Original List price
$500K
Price/Sqft
$378
HOA
$1,300
Days on market
-
Sold On
-
MLS number
25606695
Home ConditionPoor
Features
Good View: City Lights, Hills, Landmark
Pool
Spa
ViewCity Lights,Hills,Landmark

About this home

We found 3 Cons,5 Pros. Rank: price - $500.0K(38th), sqft - 1323(81th), beds - 2(50th), baths - 2(50th).

Expansive and light-filled two-bedroom condo located in the heart of Bunker Hill. This bright and airy home features a generous open layout with large windows that offer partial views of the Downtown skyline. The living and dining areas flow seamlessly, offering ample space to relax or entertain, while the kitchen maintains a clean and functional design. Both bedrooms are well-proportioned, with excellent closet space and easy access to a well-appointed bathroom, creating a comfortable and private retreat. Promenade West is a full-service building offering 24-hour security, a pool and spa, fitness center, sauna, and beautifully maintained gardens. Located just moments from the Walt Disney Concert Hall, The Broad, Grand Park, and the vibrant Grand LA, this is a rare opportunity to live in one of DTLA's most walkable and culturally rich neighborhoods.

Price History

Date
Event
Price
10/15/25
Listing
$499,999
04/21/06
Sold
$649,000
02/27/97
Sold
$122,000
Condition Rating
Poor
Built in 1982, this 42-year-old condo features a kitchen and bathrooms that appear to be largely original or from a very early renovation (30-40+ years ago). The kitchen has dated wood cabinets, blue tile countertops and backsplash, older appliances, and an outdated fluorescent light fixture. Both bathrooms exhibit similar dated wood vanities, cultured marble countertops, and older fixtures. While the living area has newer-looking laminate flooring, the critical areas require substantial rehabilitation and modernization to meet contemporary standards. The property's age also suggests that major building systems may be nearing the end of their expected lifespan, as noted in the property analysis.
Pros & Cons

Pros

Exceptional Location: Situated in the heart of Bunker Hill, offering a highly walkable and culturally rich lifestyle, moments from major DTLA attractions like Walt Disney Concert Hall, The Broad, and Grand Park.
Comprehensive Building Amenities: Promenade West is a full-service building providing 24-hour security, a pool, spa, fitness center, sauna, and beautifully maintained gardens, enhancing resident comfort and convenience.
Spacious & Bright Interior: The condo features an expansive, light-filled, and airy two-bedroom layout with a generous open floor plan and large windows, creating a comfortable living environment.
Desirable Views: Offers appealing views of City Lights, Hills, and Landmarks, including partial Downtown skyline views, adding to the property's allure.
Strong Value Proposition: Currently listed at $499,999, significantly below its 2006 sale price of $649,000, potentially representing an attractive investment opportunity in a prime DTLA location.

Cons

Very High Monthly Association Fee: The $1300/month association fee is substantial and will significantly impact the total cost of ownership and long-term affordability for potential buyers.
Potential for Dated Interior Finishes: Built in 1982, the description's neutral language regarding the kitchen and bathroom suggests these areas may not have been recently updated and could require modernization to meet contemporary tastes.
Building Age & Future Maintenance: As a 42-year-old building, there's a potential for future maintenance concerns or special assessments for major system upgrades (e.g., plumbing, electrical, roof) not explicitly detailed.

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