tomo logo

$475,000

Beds
1
Baths
1.0
sq ft
762

800 W 1st St Unit 502, Los Angeles, CA 90012

800 W 1st St Unit 502

Los Angeles, CA 90012

  • 97 days on market
This 1 bedroom, 1 bathroom and 762 Sq Ft of living property unit in the prestigious Bunker Hill Towers offers an upgraded lifestyle in the heart of Los Angeles. Located minutes away from cultural and entertainment landmarks like the Dorothy Chandler Pavilion, Union Station, LA Live, Staples Center, and the Financial District, this property provides unparalleled convenience. Inside, the unit boasts new appliances and a secure, modern aesthetic. The community amenities elevate living to a luxurious experience, featuring on-site conveniences such as a mini-market, dry cleaners, and beauty salon suites. Residents enjoy exclusive access to state-of-the-art exercise facilities with separate his-and-hers wet and dry saunas, two private tennis courts, a pool and spa, high-speed internet, gas, water, BBQ areas with picnic tables, and a secure playground for children. An assigned parking space and a storage locker are included, with additional storage and office spaces available on-site. This is not just a property—it's a lifestyle designed for comfort and access to everything that makes Downtown Los Angeles vibrant and dynamic.

Details

Property type

Condominium

Est. home value

$478,079

Lot size

2.437 acres

Price per sq ft

$624

Year built

1968

Monthly HOA fee

$1,041

Price History

12/04/2024
CRMLS

CRMLS #SR24244086

Listed
$475,000
-2.86%
11/15/2024
CRMLS

CRMLS #PI24168333

Removed
$489,000
09/03/2024
CRMLS

CRMLS #PI24168333

Price change
$489,000
-2%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Sidewalks

High school district: 

Los Angeles Unified

Number of units in community: 

255

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$50,774
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$386,226
Cash to seller
$50,774

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

August 2022

Original loan amount

$400,000

Est. remaining balance

$386,226

Interest rate

5.81%

Loan type

New Conventional, 30 year

Seller

Victoria J Gibson and Michael C Bullard

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/11/2025 at 7:20 AM

Listing updated: 02/02/2025 at 9:40 PM

Listed by: Kenya Hughes, JohnHart Real Estate Phone #: (818) 246-1099

MLS: CRMLS #SR24244086

CRMLS logo

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