ActiveCondominium

880 W 1st Street 712

Los Angeles, CA, 90012

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$525,000

MLS: 26648235

Beds

1

Baths

1

Sq Ft

992

Lot

2.84 ac

Year Built

1982

MLS #

26648235

Days on Market

69

Listed

Feb 5, 2026

Description

Experience downtown living at its best in this recently updated, affordable 1-bedroom, 1-bath condo at Promenade West, perfectly situated on prestigious Bunker Hill. Wake up to natural light in a spacious atrium-style layout and step out onto dual balconies to take in iconic views stretching from the Hollywood Sign to Dodger Stadium. The open living space and generously sized bedroom offer comfort and flow, complemented by newer stainless steel appliances, a walk-in closet, double vanities, and plenty of storage. Life here feels like a year-round retreat with resort-style amenities including a pool, spa, sauna, BBQ area, conference and meeting rooms, 24/7 security, guest parking, and a gated community. Once outside you'll enjoy the Music Center, world-class museums, acclaimed dining, shopping, and vibrant entertainment. With easy access to public transportation and major freeways, the best of Los Angeles is always within reach. A perfect blend of comfort, convenience, and city energy, this is truly a wonderful place to call home.

Location

Los Angeles, Los Angeles County, CA 90012

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Listed by: Chad Schlotterback · JohnHart Corp.

Payment estimate

$3,947

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $52,500 · Loan: $472,500

%
Principal & Interest
$2,903
Property tax (1.25%)
$547
Homeowners insurance
$300
Mortgage insurance
$197
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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 $18,375 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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