880 W 1st Street 506
Los Angeles, CA, 90012
$608,000
MLS: 26640965
Beds
2
Baths
2
Sq Ft
1,364
Lot
2.85 ac
Year Built
1982
MLS #
26640965
Days on Market
8
Listed
Jan 19, 2026
Description
WELCOME TO PROMENADE WEST IN DOWNTOWN LOS ANGELES. A FULL SERVICE LUXURY CONDO ON BUNKER HILL. THIS REMODELED 2 BEDROOM 2 BATHROOM IS SPACIOUS WITH OVER 1360 SQFT WITH AN BRIGHT & AIRY GREENHOUSE. UNIT HAS 2 BALCONIES, PLANTATION SHUTTERS, CROWN MOULDINGS, ATRUIM WINDOWS, FACING WEST. WITH SO MANY AMENITIES SUCH A,S 24 HOUR SECURITY, POOL, SPA, SAUNA, COMMUNITY ROOM, CONFERENCE ROOM, GYM/FITNESS CENTER, BBQ AREA, FIRE PIT, DOG RUN, SOUTH GARDEN AND VISITORS PARKING. UNIT IS ONLY MOMENTS AWAY FROM CONCERT HALL, LA OPERA, MASTER CHORALE, BROAD MUSUEM, THE GRAND, LA LIVE CRYPTO.COM ARENA, SO MANY RESTAURANTS AND ALL DOWNTOWN HAS TO OFFER. COME TO SEE THIS LOCAL GEM ON BUNKER HILL.
Location
Los Angeles, Los Angeles County, CA 90012
Open on Google Maps ↗Listed by: Russell Chan · Wilshire Metro Realty, Inc.
Payment estimate
$4,523
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $60,800 · Loan: $547,200
- Principal & Interest
- $3,362
- Property tax (1.25%)
- $633
- Homeowners insurance
- $300
- Mortgage insurance
- $228
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 $21,280 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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