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Image 1 - The Promenade Condominiums, 700` West 1st Street, Los Angeles, CA 90012, USA - Condo for sale

Image 2 - The Promenade Condominiums, 700` West 1st Street, Los Angeles, CA 90012, USA - Condo for sale

Image 3 - The Promenade Condominiums, 700` West 1st Street, Los Angeles, CA 90012, USA - Condo for sale

Image 4 - The Promenade Condominiums, 700` West 1st Street, Los Angeles, CA 90012, USA - Condo for sale

Image 5 - The Promenade Condominiums, 700` West 1st Street, Los Angeles, CA 90012, USA - Condo for sale

Image 6 - The Promenade Condominiums, 700` West 1st Street, Los Angeles, CA 90012, USA - Condo for sale

Image 7 - The Promenade Condominiums, 700` West 1st Street, Los Angeles, CA 90012, USA - Condo for sale

Image 8 - The Promenade Condominiums, 700` West 1st Street, Los Angeles, CA 90012, USA - Condo for sale

Condo For Sale In Los Angeles, California

The Promenade Condominiums, 700` West 1st Street, Los Angeles, CA 90012, USA

Condo For Sale In Los Angeles, California

condo for sale

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Listed: 03/21/24

The Promenade Condominiums, 700` West 1st Street, Los Angeles, CA 90012, USA

1 Bed:

1 Bath:

799 Sq Ft Living Area:

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Price

$ 475,000

Price: Lower

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About This Condo

This condo is in prime location of downtown LA. Building is located right across street from Walt Disney Concert Hall. You will be close to all the nearby amenities downtown LA has to offer, fine dining, bar, lounge, shopping, museum, entertainment, sport venue etc. Public transit and freeways are around the corner. There are also nearby culture towns like Little Tokyo and Koreatown. The building offers a list of amenities; gym, sauna, pool spa, 24hr concierge, gated parking, and laundry on every floor. Upon entry the kitchen opens to the living space and flows out to the balcony. Good size unit with amazing downtown skyscraper city-lights view. Full size bathroom with separated shower and bathtub. Large size closet space, natural lights shine into bedroom window which have the same amazing views. Price to sell, don't miss out on owning this premiere downtown LA condo.

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Downtown Housing & Living

Average sale prices for condos

1 bed

2 bed

Show as List Show as Graph

Month	Median Price
Apr 2024	$703,191 (+10.3%)
Mar 2024	$637,743 (0%)
Feb 2024	$637,743 (0%)
Jan 2024	$637,743 (-5.1%)
Dec 2023	$672,221 (0%)
Nov 2023	$672,221 (0%)

In April 2024, the asking price for 1 bed condos for sale in/near Downtown, Los Angeles, United States averaged $703,191, an increase of 10.3% from the previous month.

Median price trends for properties for sale in Downtown, Los Angeles, United States as of April 2024.

Household Income

Median household income: $62,474

Number of households: 1,4M

The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.

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