Would you live next to Skid Row? Here is the cheapest condo that sold this week in DTLA.
Asking price: $419,000
Selling Price: $425,000
This condo has 1 bed/1 bath, and 725 sq. ft. of living space. There are 14 floors with 130 residential units.
The historic A. G. Bartlett Building features a rooftop deck, 2nd-floor patio, and 24hr security.
The Bartlett building was given Mills Act status giving homeowners up to 70% off their property taxes. The city offers this in hopes of attracting people to the area, revitalizing the neighborhood, while also preserving historic structures in LA.