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880 W 1st Street 309, Los Angeles, California 90012, Los Angeles, 90012 - 2 bed, 2 bath

880 W 1st Street 309, Los Angeles, California 90012 home-pic-0
ACTIVE$549,000
880 W 1st Street 309, Los Angeles, California 90012
2Beds
2Baths
1,217Sqft
123,931Lot
Year Built
1982
Close
-
List price
$549K
Original List price
$579K
Price/Sqft
$451
HOA
$1,270
Days on market
-
Sold On
-
MLS number
WS25055049
Home ConditionGood
Features
Good View: City Lights, Park/Greenbelt, Pool
Pool
Spa
Patio
ViewCity Lights,Park/Greenbelt,Pool

About this home

We found 3 Cons,5 Pros. Rank: price - $549.0K(46th), sqft - 1217(65th), beds - 2(50th), baths - 2(50th).

Stylish Downtown LA Condo with Poolside Views & Luxury Amenities. Experience downtown living at its finest in this beautifully updated 2-bedroom, 2-bathroom condo spanning 1,217 square feet , complete with a spacious private patio overlooking the pool. This unit has been freshly painted in the living and dining areas, with an upgraded master bathroom vanity, elegant marble kitchen countertops, and sleek porcelain flooring throughout the main living spaces—offering both comfort and a touch of luxury. Located in the heart of Downtown LA’s Bunker Hill District, The Promenade West is a premier condo community with top-tier amenities, including:24-hour security & concierge, Pool, spa, sauna & fitness center, On-site manager & dog park, Basic cable TV & ample guest parking. This unit includes two assigned parking spaces and sits just minutes from Grand Arts Corridor, Little Tokyo, Grand Park, The Music Center, and Chinatown. Enjoy easy access to the 110, 101, 10, and 5 freeways, making commuting a breeze. Don’t miss this incredible opportunity to own a stylish, move-in-ready condo in the heart of Downtown LA. Schedule a tour today!

Price History

Date
Event
Price
07/06/17
Sold
$570,000
02/08/13
Sold
$375,000
Condition Rating
Good
Despite being built in 1982, this condo has undergone significant and stylish updates, including sleek porcelain flooring, elegant marble kitchen countertops, and an upgraded master bathroom vanity. The unit is freshly painted and features modern recessed lighting, making it move-in ready with no immediate renovations required. The overall condition, particularly in the visible kitchen and living areas, appears well-maintained and contemporary, aligning with the 'Good' category's criteria for extensively renovated properties.
Pros & Cons

Pros

Prime Downtown LA Location: Located in the heart of Downtown LA’s Bunker Hill District, offering unparalleled access to cultural landmarks, dining, and entertainment, with excellent freeway access.
Extensive Luxury Amenities: The Promenade West offers a comprehensive suite of amenities including 24-hour security & concierge, pool, spa, sauna, fitness center, on-site manager, and dog park, enhancing lifestyle and value.
Updated & Move-in Ready Interior: The condo features recent updates such as fresh paint, an upgraded master bathroom vanity, elegant marble kitchen countertops, and sleek porcelain flooring, making it move-in ready.
Valuable Assigned Parking: Includes two assigned parking spaces, a significant advantage and highly sought-after feature in dense urban environments like Downtown LA.
Private Outdoor Space with Pool View: Boasts a spacious private patio overlooking the pool, providing desirable outdoor living space and a pleasant view.

Cons

High Monthly Association Fee: The monthly association fee of $1,270 is substantial and could be a deterrent for some buyers, impacting affordability and long-term costs.
Building Age: Built in 1982, the building is over 40 years old, which may raise concerns about potential future maintenance, infrastructure updates, or special assessments, despite unit renovations.
Potential for Urban Noise/Density: As a Downtown LA condo, potential buyers may experience higher levels of urban noise and density, which might not appeal to everyone seeking a quieter living environment.

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