880 W 1st Street 302
Los Angeles, CA, 90012
$899,000
MLS: P1-25930
Beds
3
Baths
2
Sq Ft
1,710
Lot
—
Year Built
1982
MLS #
P1-25930
Days on Market
57
Listed
Feb 19, 2026
Description
A unique opportunity to own a genuine THREE-BEDROOM home in Downtown Los Angeles--where most residences offer only two bedrooms or open loft layouts. This expansive END, CORNER UNIT provides enhanced privacy, additional windows, and abundant natural light, delivering the comfort of a traditional home while maintaining the energy and convenience of city living. Bathed in sunlight from its desirable south- and west-facing exposures, the residence enjoys beautiful city views and a bright, airy atmosphere throughout the day. Each bedroom is generously sized, including an especially spacious primary suite, making the layout ideal for families, roommates, or anyone seeking true separation for bedrooms, home offices, or guests. Newly installed carpeting adds warmth, and both bathrooms have been thoughtfully updated. Adding to its rarity, the home includes TWO tandem PARKING spaces with a dedicated STORAGE area above--a highly coveted feature in Downtown LA and available in only a handful of units within the building. Located in the prestigious Bunker Hill district, this residence is part of a full-service condominium community offering an exceptional array of amenities: 24-hour security and concierge, a sizeable pool and spa, fitness center, sauna, expansive banquet room, on-site management, and ample guest parking. The beautifully landscaped grounds feature lush gardens, tranquil waterfalls, and a private on-site dog park--an uncommon luxury in the urban core. Centrally positioned near world-class cultural landmarks including Walt Disney Concert Hall, the Ahmanson Theatre, Mark Taper Forum, and Dorothy Chandler Pavilion, as well as fine dining, shopping, and entertainment. The location also provides convenient access to The Fashion Institute, Southwestern Law School, nearby parks, Metro stations, and major freeways. With exceptional walkability and every urban convenience at your doorstep, this residence offers the rare ability to live in the city without sacrificing space, comfort, or true bedrooms--perfect for families or multiple adults seeking a home-like environment in the heart of DTLA.
Location
Los Angeles, Los Angeles County, CA 90012
Open on Google Maps ↗Listed by: Jennifer Chan · COMPASS
Payment estimate
$6,545
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $89,900 · Loan: $809,100
- Principal & Interest
- $4,971
- Property tax (1.25%)
- $936
- Homeowners insurance
- $300
- Mortgage insurance
- $337
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 $31,465 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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