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$530,000
880 W 1st Street 309, Los Angeles, California 90012
2Beds
2Baths
1,217Sqft
123,931Lot
Year Built
1982
Close
-
List price
$530K
Original List price
$530K
Price/Sqft
$435
HOA
$1,270
Days on market
-
Sold On
-
MLS number
WS25199016
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 - $530.0K(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
09/04/25
Listing
$530,000
07/06/17
Sold
$570,000
02/08/13
Sold
$375,000
Condition Rating
Good

This condo is move-in ready with significant recent cosmetic updates, including fresh paint, sleek porcelain flooring in main living areas, and upgraded master bathroom vanity and kitchen marble countertops. While the kitchen cabinets and some appliances appear to be from an earlier renovation (likely 10-15 years ago) rather than brand new, the overall condition is well-maintained and functional, aligning with the 'Good' criteria of being extensively renovated within the last 5-15 years and not requiring immediate major renovations.
Pros & Cons

Pros

Prime Downtown LA Location: Situated in the heart of Downtown LA's Bunker Hill District, offering unparalleled access to cultural landmarks, entertainment, and major freeways (110, 101, 10, 5) for easy commuting.
Extensive Luxury Building Amenities: The Promenade West provides top-tier amenities including 24-hour security & concierge, pool, spa, sauna, fitness center, on-site manager, dog park, and ample guest parking, enhancing lifestyle and convenience.
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 immediately habitable with modern finishes.
Private Patio with Poolside Views: A spacious private patio overlooking the pool offers desirable outdoor living space and pleasant views, a significant advantage for condo living in a dense urban environment.
Valuable Assigned Parking: The inclusion of two assigned parking spaces is a substantial benefit in Downtown LA, where parking is often scarce and costly, adding significant value and convenience.

Cons

High Monthly Association Fee: The association fee of $1,270.00 per month is considerably high, adding a significant recurring cost to homeownership and potentially impacting affordability for some buyers.
Urban Environment Drawbacks: While a prime location for some, the dense downtown setting may present challenges such as increased noise levels and a lack of traditional private green space, which might not appeal to all buyer preferences.
Building Age: Built in 1982, the building is over 40 years old. While the unit is updated, the age of the overall structure could imply potential for older common area systems or future maintenance considerations not covered by HOA fees.

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