Promenade West 880 W 1st St Unit 603 Los Angeles, CA 90012
Downtown LA NeighborhoodEstimated payment $8,627/month
Total Views
4,242
3
Beds
3
Baths
2,402
Sq Ft
$395
Price per Sq Ft
Highlights
- Concierge
- In Ground Pool
- Two Primary Bedrooms
- Fitness Center
- Sauna
- City Lights View
About This Home
Price improvement! Great opportunity for a savvy investor to divide this large condo into two smaller units. Exceptional and rare condo in Bunker Hill! This corner unit penthouse is the largest at Promenade West with 2400 square feet of interior space, 3 balconies, and 3 deeded parking spaces. The expansive living room is an entertainer’s dream, offering stunning views of the city, and a wet bar. There are 2 private master bedroom suites, both with large walk-in closets. A third bedroom has been converted into a home office with a large built-in desk for two, providing an ideal space for those who work remotely. A fourth room can be used as a den or bedroom. This unit offers 3 full bathrooms with granite countertops and granite/natural stone tile work throughout. The kitchen is a gourmet’s delight with a Sub-Zero refrigerator, Thermador oven, Bosch stove, and Asko dishwasher. Granite countertops and stone tile backsplash complete the kitchen. Solarium windows and sliding glass doors run along the entire length of this home, providing an abundance of light and beautiful city views from each room. Motorized blinds, as well as additional soundproofing material under the carpeting and in a wall have been installed. The three premium parking spaces as well as this home’s two entrances are located right next to an elevator, allowing for easy access to and from one’s vehicle. This full-service, luxury building offers 24 hour concierge, on-site management, pool, spa, BBQ grill, fitness center, dry sauna, conference room, and meeting venue with kitchen. The laundry room and refuse chute are conveniently located just across the corridor from the unit’s entry doors. The lush landscaping includes a garden with a waterfall feature and a serene courtyard. There is also a private dog park for any furry friends. Enjoy all that DTLA offers with close proximity to: Walt Disney Concert Hall, Ahmanson Theater, Mark Taper Forum, Dorothy Chandler Pavilion, The Grand by Ghery, Grand Park, The Broad Museum, Korea Town, Little Tokyo, Chinatown, USC, restaurants, City Hall, and Metro Regional Connector. Local restaurants, a convenience mart, and dry cleaners are close-by. Easy access to 110/101/10/5 freeways facilitates commuting. Storage abounds with many built-in cabinets and bookshelves in the living room, dining area, and home office. Built-in storage cabinets are also available adjacent to the assigned subterranean parking spaces. Guest parking is available, a rarity in DTLA.
Listing Agent
Keller Williams South Bay Brokerage Phone: 310-986-9805 License #02067711 Listed on: 03/26/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,764
Year Built
- Built in 1982
HOA Fees
- $2,534 Monthly HOA Fees
Parking
- 3 Car Attached Garage
Interior Spaces
- 2,402 Sq Ft Home
- Living Room
- Den
- Sauna
- Walk-In Pantry
- City Lights Views
- Laundry Room
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Primary Bedroom on Main
- Double Master Bedroom
- Walk-In Closet
Additional Features
- In Ground Pool
- 1 Common Wall
- Central Heating and Cooling System
Listing and Financial Details
- Earthquake Insurance Required
- Tax Lot 1
- Tax Tract Number 39578
- Assessor Parcel Number 5151016149
- $566 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- Master Insurance
- 135 Units
- Promenade West Association, Phone Number (213) 617-0262
- Maintained Community
- 8-Story Property
Amenities
- Concierge
- Community Barbecue Grill
- Sauna
- Clubhouse
- Banquet Facilities
- Laundry Facilities
Recreation
- Community Pool
- Community Spa
- Dog Park
Pet Policy
- Pet Restriction
Security
- Security Service
Map
About Promenade West
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,764 | $865,945 | $324,729 | $541,216 |
| 2024 | $10,764 | $848,966 | $318,362 | $530,604 |
| 2023 | $10,549 | $832,320 | $312,120 | $520,200 |
| 2022 | $10,060 | $816,000 | $306,000 | $510,000 |
| 2021 | $9,918 | $800,000 | $300,000 | $500,000 |
| 2019 | $9,228 | $742,931 | $114,812 | $628,119 |
| 2018 | $9,206 | $728,364 | $112,561 | $615,803 |
| 2016 | $8,789 | $700,083 | $108,191 | $591,892 |
| 2015 | $8,652 | $689,568 | $106,566 | $583,002 |
| 2014 | $8,682 | $676,061 | $104,479 | $571,582 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2025 07/29/25 | Price Changed | $949,000 | -5.0% | $395 / Sq Ft |
| 04/21/2025 04/21/25 | Price Changed | $999,000 | -4.9% | $416 / Sq Ft |
| 04/13/2025 04/13/25 | Price Changed | $1,050,000 | -8.7% | $437 / Sq Ft |
| 03/26/2025 03/26/25 | For Sale | $1,150,000 | +43.8% | $479 / Sq Ft |
| 11/09/2020 11/09/20 | Sold | $800,000 | -20.0% | $333 / Sq Ft |
| 10/23/2020 10/23/20 | Pending | -- | -- | -- |
| 07/15/2020 07/15/20 | Price Changed | $1,000,000 | -9.1% | $416 / Sq Ft |
| 07/05/2020 07/05/20 | For Sale | $1,100,000 | -- | $458 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $800,000 | Chicago Title Company | |
| Grant Deed | $550,000 | Chicago Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $165,000 | Southland Title Corporation | |
| Grant Deed | $149,909 | Southland Title Corporation |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $440,000 | No Value Available |
Source: Public Records
Similar Homes in Los Angeles, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25065666
APN: 5151-016-149
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