ActiveCondominium

991 Arapahoe Street 308A

Los Angeles, CA, 90006

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$650,000

MLS: PW26037079

Beds

2

Baths

2

Sq Ft

1,260

Lot

0.61 ac

Year Built

2009

MLS #

PW26037079

Days on Market

8

Listed

Feb 26, 2026

Description

LUXURY STYLE NEWLY BUILT IN 2009, 2BEDS + 2BATHS CONDO CONVENIENTLY LOCATED NEAR KOREATOWN AND DOWNTOWN LA. THIS BRIGHT AND QUIET UNIT FEATURES HIGH CEILINGS AND NEWLY ADDED RECESSED LIGHTING THROUGHOUT. LIVING AREA BOASTS HARDWOOD FLOORS, WHILE KITCHEN AND BOTH BATHROOMS FEATURE GRANITE COUNTERTOPS. HALLWAY BATHROOM RECENTLY REMODELED (2023). SPACIOUS MASTER SUITE INCLUDES A WALK-IN CLOSET AND A LARGE BATHROOM WITH A BATHTUB AND SEPARATE GLASS SHOWER. THE UNIT FEATURES TWO SEPARATE BALCONIES OFF THE LIVING ROOM AND MASTER BEDROOM, BOTH OFFERING A DOWNTOWN LA VIEW. INCLUDES A SIDE-BY-SIDE LAUNDRY ROOM AND AMPLE STORAGE SPACE. 2-CAR RESERVED(TANDEM) SUBTERRANEAN PARKING INCLUDED. BUILDING AMENITIES FEATURE AN GYM/COMMUNITY ROOM AND 24-HOUR SECURITY CAMERAS. IDEALLY LOCATED WITH EASY ACCESS TO 10 & 110 FREEWAYS, DOWNTOWN LA, SHOPS, AND RESTAURANTS. MOVE-IN READY. MUST SEE!

Location

Los Angeles, Los Angeles County, CA 90006

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Listed by: Michelle Cho · Top Brokers

Payment estimate

$4,815

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $65,000 · Loan: $585,000

%
Principal & Interest
$3,594
Property tax (1.25%)
$677
Homeowners insurance
$300
Mortgage insurance
$244
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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 $22,750 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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