244 S La Fayette Park 301, Los Angeles, California 90057, Los Angeles, 90057 - 2 bed, 2 bath
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Los Angeles, California 90057
This High-Potential Investment Opportunity is listed at $519,000, positioned well above the $436,201 Fair Market Value by 18%. While the price reflects a premium, the property offers a Condition Rating of 3, featuring modern updates like laminate flooring, recessed lighting, and granite countertops. The Dual Master Suite Layout and two side-by-side parking spaces provide significant utility in this urban core. With iconic Griffith Observatory views and proximity to LAUSD schools, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready urban residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 244 S La Fayette Park 301 Subject | $519,000* List Price | 2 | 2 | 942 | $463 | - |
A 421 S La Fayette Park Place 328 Sold | $435,000 | 2 | 2 | 1,085 | $401 | 0.2 mi |
B 244 S La Fayette Park 301 Active | $539,000 List Price | 2 | 2 | 942 | $572 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1972, the unit features modern updates including laminate flooring, recessed lighting, and granite countertops consistent with a 5-15 year renovation window. The interior is well-maintained and move-in ready, though HVAC is limited to dated wall/window units.
The floor plan features two master bedrooms with ensuite bathrooms thoughtfully separated by the living area, offering optimal privacy for roommates or guests.
The unit includes two rare side-by-side assigned parking spaces in a secured gated garage, providing significant convenience and value in a high-density urban area.
Positioned on the top floor, the condo offers a private balcony with iconic views of the Griffith Observatory and city lights, while ensuring no neighbors are living above.
With 942 square feet for a two-bedroom configuration, the interior dimensions may feel restrictive for buyers accustomed to more expansive modern layouts.
Built in 1972, the property may lack the modern energy efficiency, advanced soundproofing, and contemporary building amenities found in newer developments.
Prime LA location! Situated along the wide La Fayette Park street, this location offers a relaxing feel in the heart of the city. Top-floor condo featuring 2 master bedrooms, each with ensuite bathrooms, large closets, and large windows, thoughtfully separated by the living room, dining area, and kitchen for added privacy. Open floor plan with recessed lighting, laminate flooring throughout, and a spacious living area opening to a private balcony with views of the Griffith Observatory. Kitchen offers granite countertops. Home includes 2 assigned side-by-side parking spaces in a secured gated garage. Additional highlights include elevator access, two assigned side-by-side parking spaces in a secured gated garage, and a self-managed HOA with low monthly dues that include water and trash. Conveniently located near DTLA, Koreatown, Lafayette Park school, shopping, public transportation, parks, and recreation.
No exterior & parking available.
Grades K • 0.1 mi
Grades K-1 • 0.5 mi
Grades 1-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 57% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 942 | 886 | 57% |
| Lot Size | 8,709 | 43,264 | 14% |
| Price | $519.0K | $330.0K | 71% |
| Price per sq ft | $551 | $455 | 86% |
| Built year | 1972 | 1971 | 71% |
| HOA | $350.0 | $501 | 29% |
| Days on market | 0 | 206 | 14% |
Jun 2, 2026
$519,000
Initial Listing
May 21, 2021
$485,000
Public Record
Jul 31, 2012
$205,000
Public Record