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For $320K, a studio in Koreatown’s charming Miramonte Terrace

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Small but centrally located

Photos courtesy of David Durey / Berkshire Hathaway Homeservices

If you’re having a glass-half-full kind of day and are in the market for a starter home, turn your attention to this petite condo in centrally located, transit-friendly, walkable Koreatown.

The studio is located on the first floor of Miramonte Terrace, a charming Italianate-style building that was constructed in 1922 and featured in the 1954 noir Witness to Murder.

The unit looks very clean, especially given its age, and the listing says it’s newly renovated. Still, it sports old character details, including coved ceilings, wide moldings, and built-in cupboards.

If you’re having a glass-half-empty kind of day, you might be deterred by the size: 474 square feet. But there’s some bonus outdoor space not noted in the listing—the complex boasts a shared rooftop loggia with views of the Downtown skyline.

Last sold for $240,000 in November 2016, it’s now on the market for $319,999, with monthly HOA dues of $181. That’s far below the county’s median home price, which climbed to $580,000 in February, a new record.