991 Arapahoe Street 508a, Los Angeles, California 90006, Los Angeles, 90006 - 2 bed, 2 bath
ACTIVE$695,000
991 Arapahoe Street 508a, Los Angeles, California 90006
2Beds
2Baths
1,260Sqft
26,668Lot
Year Built
2009
Close
-
List price
$695K
Original List price
$695K
Price/Sqft
$552
HOA
$500
Days on market
-
Sold On
-
MLS number
25621995
Home ConditionGood
Features
Good View: City Lights
ViewCity Lights
About this home
We found 3 Cons,5 Pros. Rank: price - $695.0K(74th), sqft - 1260(77th), beds - 2(50th), baths - 2(50th).
Modern and impeccable two bedroom condominium near Downtown and Korea-town. This property is spacious, bright with high ceilings, walking closet, hard wood flooring, and the convenience of an in-unit laundry (washer & dryer included). In addition, a balcony with views to downtown Los Angeles, and two parking spaces on gated underground garage. LISTED PRICE IS BELOW MARKET VALUE FOR A QUICK SALE.
Price History
Date
Event
Price
12/05/25
Listing
$695,000
09/23/15
Sold
$520,000
07/19/13
Sold
$477,000
11/19/10
Sold
$355,000
Condition Rating
Good
The property was built in 2009, making it 15 years old, which fits the 'Good' condition criteria. The images showcase a modern and well-maintained interior with hardwood flooring throughout, contemporary dark wood kitchen cabinets, granite countertops, and stainless steel appliances. The bathrooms feature matching modern vanities and countertops. All visible components appear functional and in good condition, requiring no immediate renovations. While the listing notes a 'Lack of Explicit Cooling System,' the overall condition and modern aesthetic support a 'Good' rating.
Pros & Cons
Pros
Aggressive Pricing: The property is explicitly listed 'BELOW MARKET VALUE FOR A QUICK SALE,' indicating a motivated seller and potential for a favorable purchase opportunity.
Prime Urban Location: Strategically situated near Downtown Los Angeles and Koreatown in the Mid-Wilshire area, offering excellent access to urban amenities, entertainment, and employment centers.
Modern & Well-Appointed Interior: Built in 2009, the condominium features a 'modern and impeccable' aesthetic with high ceilings, hardwood flooring, a walk-in closet, and convenient in-unit laundry (washer & dryer included).
Secure & Dedicated Parking: Includes two dedicated parking spaces in a gated underground garage, a highly valuable and sought-after amenity in a dense urban environment like Los Angeles.
City Views & Private Balcony: Features a private balcony offering appealing 'City Lights' views of downtown Los Angeles, enhancing the living experience and property's desirability.
Cons
High Monthly Association Fee: The $500.0 monthly association fee is substantial and adds a significant recurring cost to ownership, which may impact affordability for some buyers.
Lack of Explicit Cooling System: The property description does not mention a cooling system (e.g., central AC), which could be a notable drawback and comfort concern during Los Angeles's warmer months.
Potential for Urban Noise: Given its location near Downtown and Koreatown, the property is likely subject to higher levels of urban noise from traffic and city activity, which may not suit all preferences.