Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

7001 S La Cienega 101

Los Angeles, CA, 90045

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$589,000

MLS: IG26027693

Beds

2

Baths

2

Sq Ft

1,000

Lot

0.81 ac

Year Built

1985

MLS #

IG26027693

Days on Market

74

Listed

Feb 6, 2026

Description

Recently renovated (2020), this beautifully updated ground-floor corner 2-bedroom, 2-bath condo with additional storage or office room offers approximately 1,100 sq ft of living space, plus a generous balcony overlooking lush greenery including a natural-gas Weber grill (no propane required). This desirable corner unit shares only one wall (above), providing enhanced privacy and reduced noise from neighbors. Inside, you’ll find a thoughtfully designed dual primary suite layout, each with its own ensuite bath. One bath features a Kohler Jacuzzi tub, while the other offers a spacious walk-in shower designed for two. The bright white kitchen is outfitted with butcher block countertops, newer appliances, a dishwasher, and ample cabinetry, all complemented by recessed lighting throughout. Additional highlights include in-unit laundry and modern finishes that create a clean, inviting feel. A rare bonus, the home is equipped with a private approximately 8’ x 10’ storage room which is located directly next to the unit, offering exceptional convenience and flexibility. The home also includes two large tandem parking spaces in the community garage with additional guest parking right outside the garage. New AC unit was installed in 2022 Residents enjoy access to a community pool, jacuzzi, and shared gathering space, while water and trash are included in the HOA. This move-in-ready home combines comfort, functionality, and privacy in a well-maintained community. An exceptional opportunity you won’t want to miss.

Location

Los Angeles, Los Angeles County, CA 90045

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Listed by: Robert Grable · eXp Realty of California Inc.

Payment estimate

$4,391

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $58,900 · Loan: $530,100

%
Principal & Interest
$3,257
Property tax (1.25%)
$614
Homeowners insurance
$300
Mortgage insurance
$221
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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 $20,615 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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