tomo logo

$699,000

Beds
2
Baths
2.0
sq ft
1,348

880 W 1st St Unit 707, Los Angeles, CA 90012

880 W 1st St Unit 707

Los Angeles, CA 90012

  • 13 days on market
Remarks : A Downtown Oasis and entertainer's delight, in the highly sought after Promenade West Community, offers a spacious 2 Bedrooms 2 bath open floor plan, kitchen with granite countertops, breakfast bar, stainless steel appliances, recessed lighting, walk-in closet, dual-sink bathroom, sliding doors leading to the balcony perfect for entertaining , Venetian Plaster throughout, lots of natural light, 2 underground parking spaces and ample guests parking a rarity in downtown LA, building amenities include pool, pool-cabanas, spa, sauna, steam room, fitness center, conference room, community area lounge, storage, dog park, 24 hour front desk security/ reception. Just steps away from the world-renowned Disney Concert Hall and all the culture, dining, and entertainment that downtown has to offer. The location is amazing it offers the best of Urban Living. Seize this opportunity to own a piece of Downton LA, convenient local stores and dry cleaners are just steps away.

Details

Property type

Condominium

Est. home value

$704,626

Lot size

2.8451 acres

Price per sq ft

$519

Year built

1982

Monthly HOA fee

$1,308

Price History

02/14/2025
CLAW

CLAW #24426839

Removed
$699,000
02/13/2025
CLAW

CLAW #24426839

Listed
$699,000
02/12/2025
CLAW

CLAW #24426839

Removed
$699,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Seller’s Loan History

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

Lender

Wescom Central Cu

Loan start date

November 2018

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

4.65%

Loan type

Credit Line (Revolving), 30 year

Seller

Michael T Gholampour and Michael T Gholampourt Revocable Trust

Lender

Home Advantage Funding Group Inc

Loan start date

August 2006

Original loan amount

$595,000

Est. remaining balance

$370,475

Interest rate

6.79%

Loan type

Not Provided, 30 year

Seller

Michael Gholampour

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: 02/26/2025 at 9:50 AM

Listing updated: 02/20/2025 at 5:35 AM

Listed by: Elizabeth Pease, Coldwell Banker Realty Phone #: (424) 280-7400

MLS: CLAW #25497699

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