Condo
Listing Agent: Annie Akopyan (DRE #01203620) · Listing Office: Coldwell Banker Hallmark Realty · Contact: 818-640-0757 · Bought with: Grace Gaerlan · Compass · MLS #BB26035090 · Source: CRMLS
880 W 1st 401 sold for $555,000 in May 2026, 5.9% under its $589,999 list price, after 28 days on the market. That works out to $413 per square foot on 1,345 square feet. Across 49 closed sales in 90012 over the last 12 months, the median sold price is $550,000 and the median is $597 per square foot, 45% above this sale's $413. 2-bedroom rentals in 90012 currently list at a median of $3,600 a month (14 listings).
| Quarter | Closed sales in 90012 | Median sold price |
|---|---|---|
| Q1 2026 | 12 | $662,000 |
| Q2 2026 | 17 | $525,000 |
| Q3 2026 | 17 | $530,000 |
| Q4 2026 | 3 | $510,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90012
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.
Listing description from the May 2026 sale, as reported to CRMLS.
Closed sales reported in 90012, nearest first, last 12 months. All recent sales in Los Angeles →