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880 W 1st Street 310, Los Angeles, California 90012, Los Angeles, 90012 - 2 bed, 2 bath

880 W 1st Street 310, Los Angeles, California 90012 home-pic-0
ACTIVE$688,000
880 W 1st Street 310, Los Angeles, California 90012
2Beds
2Baths
1,323Sqft
123,931Lot
Year Built
1982
Close
-
List price
$688K
Original List price
$688K
Price/Sqft
$520
HOA
$1,303
Days on market
-
Sold On
-
MLS number
25510827
Home ConditionPoor
Features
Good View: City Lights
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $688.0K(72th), sqft - 1323(84th), beds - 2(50th), baths - 2(50th).

Rare find for Office and Residence at Promenade West!! Don't miss the opportunity to own a versatile 1,327 square-foot unit, perfect for both office and residential use. Few units in this full-service luxury condominium offer this versatility! The space features two spacious rooms, two full bathrooms, ample closet space, and a kitchen. Currently configured as four separate office rooms, it also boasts stunning city views. Promenade West provides full-service luxury condominium living, with amenities such as 24-hour security and concierge, spa, cabanas, outdoor grill, exercise room, sauna, on-site manager, on-site dog park, and lush green gardens with serene waterfalls. This unbeatable location is in close proximity to the Disney Concert Hall, Ahmanson Theater, Mark Taper Forum, Dorothy Chandler Pavilion, Grand Park, The Broad Museum, restaurants, Courts, City Hall, and the upcoming Metro Regional Connector.

Condition Rating
Poor
Built in 1982, this property is 42 years old. The images reveal a kitchen with original or very old (30+ years) white laminate countertops, dated white cabinetry, and an older electric range. The bathrooms also feature outdated vanities, laminate countertops, and older tile work. The flooring throughout consists of dated carpet and linoleum/vinyl. While the unit is currently configured for office use and appears functional, for residential purposes, the kitchen and bathrooms would require substantial rehabilitation and full renovation to meet modern standards of comfort and aesthetics. This aligns with the 'Poor' category, indicating significant defects in style and functionality for a residential dwelling, making it very uncomfortable to live in its current state without major updates.
Pros & Cons

Pros

Live/Work Versatility: A rare unit offering unique flexibility for both office and residential use, appealing to a broad range of buyers.
Prime Downtown Location: Unbeatable location in Downtown LA, offering immediate access to cultural landmarks, entertainment venues, government centers, and future public transit.
Extensive Luxury Amenities: Full-service luxury condominium with a comprehensive suite of amenities including 24-hour security, concierge, spa, gym, dog park, and lush gardens.
Stunning City Views: The unit boasts captivating city views, enhancing its aesthetic appeal and desirability.
Unique Offering: This unit's dual-use capability is a rare find within the Promenade West building, setting it apart from other properties.

Cons

High Monthly Association Fees: The significant monthly association fee of $1,303 could be a considerable ongoing expense for potential buyers.
Current Office Configuration: Currently configured as four separate office rooms, a buyer intending residential use would likely face conversion costs and effort.
Building Age: Built in 1982, the building is over 40 years old, which may suggest potential for aging infrastructure or systems requiring future maintenance.

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