ActiveCondominium

1118 Valencia Street 310

Los Angeles, CA, 90015

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$450,000

MLS: 26674133

Beds

1

Baths

1

Sq Ft

926

Lot

3.38 ac

Year Built

1983

MLS #

26674133

Days on Market

8

Listed

Apr 7, 2026

Description

Experience the perfect blend of style, space, and value in this stunning 1-bedroom + loft residence located in the heart of Los Angeles. Offering an exceptional opportunity to enjoy urban living at a very reasonable price, this beautifully designed 926 sq ft unit is filled with natural light from expansive windows, creating a bright and inviting atmosphere. Soaring 18-foot ceilings and a striking skylight dome enhance the modern aesthetic while flooding the home with sunlight throughout the day. This highly sought-after floor plan is one of the rare multi-level layouts in the community, featuring a spacious loft on the second level perfect for a home office, guest space, or creative studio. The loft opens to its own private rooftop deck, ideal for relaxing or entertaining. The unit includes a stacked washer and dryer, as well as a refrigerator for your convenience. Residents enjoy the security of a gated complex with two assigned underground parking spaces and evening security guard service. The community offers resort-style amenities including a swimming pool, jacuzzi, BBQ areas, as well as beautifully maintained gardens and walking paths creating a perfect environment for pet owners and outdoor enjoyment. Ideally situated just moments from L.A. Live, Crypto.com Arena, the Los Angeles Convention Center, and convenient public transportation, this location truly has it all. Don't miss this rare opportunity to own a unique and stylish home in one of Downtown LA's most vibrant neighborhoods.

Location

Los Angeles, Los Angeles County, CA 90015

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Listed by: Amber Seo Campos · New Star Realty

Payment estimate

$3,426

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $45,000 · Loan: $405,000

%
Principal & Interest
$2,488
Property tax (1.25%)
$469
Homeowners insurance
$300
Mortgage insurance
$169
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Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $15,750 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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