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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$580,000
880 W 1st Street 310, Los Angeles, California 90012
2Beds
2Baths
1,323Sqft
123,931Lot
Year Built
1982
Close
-
List price
$580K
Original List price
$580K
Price/Sqft
$438
HOA
$1,368.56
Days on market
-
Sold On
-
MLS number
25570503
Home ConditionPoor
Features
Good View: City Lights
Pool
Spa
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $580.0K(50th), sqft - 1323(81th), beds - 2(50th), baths - 2(50th).

Rare find for Office and Residence at Promenade West!! Don't miss the opportunity to own a 1,323 square-foot unit, ideal for both office and residential use. Few units in this full-service luxury condominium offer this versatility! The space features four separate office rooms, two full bathrooms, ample closet space, and a kitchen. 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.

Price History

Date
Event
Price
07/28/25
$580,000
Condition Rating
Poor
The property was built in 1982, making it 42 years old. The single interior image provided shows dated dark wood trim and older carpeting, suggesting the unit has not undergone significant renovations. Crucially, there are no images of the kitchen or bathrooms, which often indicates these key areas are in original or very outdated condition. A 42-year-old kitchen and bathrooms would require substantial repairs and rehabilitation to meet current quality standards and appeal, aligning with the 'Poor' condition criteria. While the building's exterior and common areas appear well-maintained, the unit's interior likely needs a major overhaul.
Pros & Cons

Pros

Unique Live/Work Versatility: The unit is explicitly designed and marketed for both office and residential use, a rare and highly desirable feature in a luxury condominium, appealing to a broad range of buyers.
Extensive Luxury Amenities: Promenade West offers a comprehensive suite of high-end amenities including 24-hour security, concierge, spa, gym, dog park, and landscaped gardens, significantly enhancing resident lifestyle and property value.
Premier Downtown LA Location: Situated in a vibrant cultural and business hub, offering unparalleled access to major attractions, entertainment venues, dining, and public transit (Metro Regional Connector).
Desirable City Views: The property boasts stunning city views, adding significant aesthetic appeal and desirability, especially in a dense urban environment.
Functional & Spacious Layout: With 1,323 sqft, two bathrooms, and four separate office rooms, the unit provides a practical and adaptable layout for diverse needs, whether for a large residence or a combined office/home.

Cons

Substantial Monthly Association Fee: The high monthly association fee of $1,368.56 significantly adds to the cost of ownership and could be a deterrent for potential buyers, impacting affordability.
Building Age (1982): While a full-service building, its 1982 construction year suggests potential for older infrastructure or systems, which might lead to future maintenance concerns or special assessments if not recently updated.
Lack of Private Outdoor Space: As a condominium, the unit likely lacks private outdoor space such as a balcony or patio, which can be a drawback for buyers seeking personal outdoor areas.

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