880 W 1st 401
Los Angeles, CA, 90012
$589,999
MLS: BB26035090
Beds
2
Baths
2
Sq Ft
1,345
Lot
2.85 ac
Year Built
1982
MLS #
BB26035090
Days on Market
42
Listed
Feb 17, 2026
Description
Located in the prestigious Bunker Hill District in the heart of Downtown Los Angeles, this move-in ready residence at Promenade West offers refined urban living with breathtaking skyline views and resort-style amenities. This beautifully updated 2-bedroom, 2-bathroom condo spans 1,345 square feet and features an open-concept layout filled with natural light and stunning city views from every room. The residence boasts a private balcony with true Downtown skyline views, showcasing iconic skyscrapers and serene park-like settings. The updated kitchen is designed for both style and functionality, featuring GE Café stainless steel appliances, Kalamera wine cooler, and a customized pantry, seamlessly flowing into the spacious living and dining areas. Recessed lighting enhances the bright, airy interior, while thoughtfully designed custom built-ins elevate everyday living, including built-ins in the living room, a built-in bed and office workspace in the primary bedroom, and an additional office built-in in the second bedroom—ideal for today’s work-from-home lifestyle. Customized closets provide excellent storage throughout the home. The unit includes 2 assigned parking spaces and additional wall storage for added convenience. Promenade West is a gated, full-service community offering 24-hour front desk and receptionist services, along with on-site security from 8:00 PM to 4:00 AM. Residents enjoy resort-style amenities including a pool, spa, BBQ area, fitness center, sauna, and tranquil waterfalls surrounded by lush gardens. Built in 1982, the community is known for its serene atmosphere and prime location. Ideally situated with easy access to major freeways, this property is just minutes from the Grand Arts Corridor, Little Tokyo, and Chinatown, and walking distance to world-class destinations such as Walt Disney Concert Hall, The Broad, and Grand Park, as well as an array of museums, cafés, and acclaimed restaurants. This exceptional residence offers a rare opportunity to experience luxury, convenience, and iconic Downtown Los Angeles living in one of the city’s most desirable neighborhoods.
Location
Los Angeles, Los Angeles County, CA 90012
Open on Google Maps ↗Listed by: Annie Akopyan · Coldwell Banker Hallmark Realty
Payment estimate
$4,398
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $59,000 · Loan: $530,999
- Principal & Interest
- $3,263
- Property tax (1.25%)
- $615
- Homeowners insurance
- $300
- Mortgage insurance
- $221
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
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 $20,650 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
See Los Angeles, CA 90012 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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