Modern kitchen featuring stainless steel appliances and granite countertops. (photo 1 of 17)
Contemporary living area with a dining table, hardwood flooring, and stainless steel appliances. (photo 2 of 17)
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One Bedroom with New Appliances | Downtown Los Angeles | Minutes…

$1,995/mo+ $2,095 deposit+ $50 application feeUtilities included: Water, Trash

Set and collected by the landlord — EMLAKIE never charges renters.

1 bd · 1 ba · 720 sqft · Apartment

1949 Park Grove Avenue #4, Los Angeles, CA 90007

Updated 08-26-2026

Home highlights

1 bd, 1 ba Apartment for rent at $1,995/mo in Los Angeles, CA 90007. * Please note: the advertised price of $1,995 is based off a $1,200 concession - (applied upfront and all at once) being factored into the monthly base rent due of $2,095 (TWO THOUSAND AND NINETY FIVE DOLLARS) to show the savings. Inspired by midcentury Modernism architecture, these newly renovated rental homes are just minutes to the prestigious University of Southern California (USC) and thriving Downtown Los Angeles. 1949 Park Grove, located in the heart of central Los Angeles, features a nine-unit, two-story low-rise building with enhanced modern architecture and a gray cement shade base and accents of earth tone colors. Carefully restored and designed by a renowned LA designer, these 1960s modern luxury rental homes feature keyless entry door locks to spacious one and two-bedroom floor plans with newly renovated kitchen and bathrooms. The kitchen boasts sparkling white stone quartz countertops with brand new self closing cabinetry and high-end stainless-steel refrigerators with matching gas cooktop with oven and microwave. iRing doorbells with a smart home video security camera are also included as well as a stackable washer and dryer. Bathrooms feature porcelain tiled bath tubs and glass shower doors. Each rental home also includes central A/C cooling and heating with recessed lights with luxury style cellular shade window blinds and distressed wood plank floors. Located in one of central LA’s most historic and vibrant neighborhoods known as University Park - minutes off the 10, 110, and 60 Freeways. University Park is rapidly becoming a destination for those who want to live close to the rapidly booming Downtown Los Angeles without paying sky-high prices. A robust nightlife combined with a short drive to the Staples Center and L.A. Live means that there is always something new to discover on the horizon. With residences built between 1885 and the 1920s, the University Park area includes fine examples of the 19th century Queen Anne style as well as later Craftsman, Spanish Colonial Revival, and American Colonial Revival styles. University Park contains one of the highest concentrations of City Historic–Cultural Monuments of any area in Los Angeles. Visitors to the area today can venture back to prehistoric times at the Natural History Museum of Los Angeles County, look to the future of science and technology at the California Science Center, take a stroll in one of the country’s largest rose gardens or watch sporting events at the historic Los Angeles Memorial Coliseum, site of the 1932 and 1984 Olympic Games and home to USC Trojan Football. Today’s University Park neighborhood contains an outstanding array of museums, galleries, theatres, sport venues, gardens, libraries and churches. With its rich mixture of education and entertainment, art and culture, the past and the future, the neighborhood offers exciting discoveries for people all ages. | EXTERIOR | - Newly Modernized Façade - City Approved & Completed Earthquake Seismic Retrofit - Keyless Electronic Entry | INTERIOR | - Cellular Shade Window Blinds - Spacious Designer Floor Plan - Vinyl Plank Flooring | KITCHEN | - Modern Designer Cabinetry - Quartz Countertops - Stainless-Steel Appliances - Refrigerator - Range w/ Oven - Microwave - Open Kitchen Space Layout | BATH | - Tiled Shower and Bath - Glass Shower Doors - Oversized Vanity Mirror | AMENITIES | - Washer & Dryer (community) - Assigned Parking (only for units 1-8) - A/C Units

Amenities

  • Swimming Pool: No
  • Spa: No
  • Fireplace: No
  • Dishwasher: No
  • Microwave: No
  • Refrigerator: Yes

Details

  • Pets Allowed: Yes
  • Cooler: Yes
  • Heater: Yes
  • Parking Spaces: 1
  • Laundry: Yes

Neighborhood

This 1 bd, 1 ba Apartment is located in Los Angeles, CA. It comes with an assigned parking spot, shared in-building laundry, air conditioning. Cats and dogs are both allowed.

Frequently asked questions

How much is rent for this Apartment in Los Angeles?

This 1 bd, 1 ba Apartment is listed at $1,995/mo.

How many bedrooms and bathrooms does this rental have?

This home has 1 bd and 1 ba, with 720 square feet of living space.

Is this rental pet-friendly?

Cats and dogs are both allowed.

Does this rental include parking?

Yes, this rental includes 1 parking (an assigned parking spot).

What utilities are included in the rent?

The landlord includes the following in rent: Water, Trash.

What lease terms are available?

This listing is available under the following lease terms: 1 year.

Is this rental furnished?

No, this rental is unfurnished.

When is this rental available to move in?

This rental is available starting 10-04-2026.

Is smoking allowed at this property?

No, smoking is not allowed at this property.

Does this listing have an Emlakie Checked badge?

Emlakie reviewed information submitted for this listing. This check does not guarantee ownership, accuracy, availability, property condition, or transaction safety.

Emlakie Checked

Emlakie reviewed information submitted for this listing. This check does not guarantee ownership, accuracy, availability, property condition, or transaction safety.

Location

Explore the Neighborhood

Street view of 1949 Park Grove Avenue #4, Los Angeles, CA, 90007

Street-level view · powered by Google Street View

E-rent Value™ & E-sale Value™by EMLAKIE

Based on asking price — insufficient market comparables in this area

The estimated rent is influenced by the property's size of 720 sqft, its high walkability score of 86, and its quick market presence of 16 days.

High confidence

E-rent Value™

$2,100Est.

estimated / month

Range: $1,950$2,275/mo

Why no E-Sale value?

This is an individual unit within a multi-unit apartment building. Apartment units do not have a separate deed and cannot be sold independently — only the entire building can be sold.

Market Position

Fair Market Value

$1,995/mo

Last listed

← Below Market
$1,092
Fair Value
$2,100
Above Market →
$3,108
-5%

Fair Market Value

In line with local comparables

Licensed appraisers: EMLAKIE rental comp data is available for income-approach valuations. Contact appraisers@emlakie.com for comp exports.

E-rent Value™ and E-sale Value™ are EMLAKIE's automated estimates based on active comparable listings and are not a licensed appraisal. Actual rental and sale values may vary. Consult a licensed real estate professional for a precise valuation.

Contact the Landlord

Goes directly to the landlord — no added fee from EMLAKIE.

$50 application fee may apply, charged directly by the landlord — never by EMLAKIE.

No account needed

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