256 S La Fayette Park, Los Angeles, California 90057, Los Angeles, 90057 - 1 bed, 1 bath
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256 S La Fayette Park
Los Angeles, California 90057
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
474Sq Ft
16,917Lot Size
Property Price
LIST PRICE$360,000
EST. MARKET VALUE
$355,389
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $395,000—positioned well below the $366,852 Fair Market Value by -7%. While the list price exceeds the current estimate, the unit features a Mint Condition Rating following a high-quality renovation, including modern white shaker cabinets and stone countertops. With a desirable City Lights view and a private deck, this property offers an elevated urban lifestyle near major employment hubs. It is an ideal acquisition for rental investors or first-time buyers seeking a move-in ready residence.
Estimated Market Value
$355,389
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 256 S La Fayette Park Subject 1 bd · 1 ba · 474 sqft · $750 | $360,000* List Price | 1 | 1 | 474 | $750 | - |
A 210 S La Fayette Park Place 314 Sold 1 bd · 1 ba · 476 sqft · $683 · 0.1 mi | $325,000 | 1 | 1 | 476 | $683 | 0.1 mi |
B 210 S La Fayette Park Place 201 Active 1 bd · 1 ba · 476 sqft · $683 · 0.1 mi | $325,000 List Price | 1 | 1 | 476 | $683 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1971, the unit has undergone a recent high-quality renovation (likely within the last 5 years). It features modern white shaker cabinets, stone countertops, new wood-look laminate flooring, and fresh paint throughout, putting it in mint, move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Competitive Entry-Level Pricing
Priced at $395,000, this property offers a rare and affordable entry point into the Los Angeles condo market, making it highly attractive for first-time buyers or rental investors.
- Prime Urban Proximity
Located in the Westlake area near Downtown LA and Koreatown, the property boasts a high walkability factor with immediate access to diverse dining, transit, and major employment hubs.
- Desirable City Views
The unit features 'City Lights' views, providing an elevated urban living experience and enhancing the aesthetic appeal of the interior space.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 474, other record living area = 550.
- Limited Square Footage
At just 474 square feet, the living space is exceptionally compact for a one-bedroom unit, which may present challenges for furniture layout and long-term storage.
- Building Age
Built in 1971, the property may lack the modern amenities of newer developments and could require higher long-term maintenance for aging systems and common areas.
About 256 S La Fayette Park
Exceptional opportunity in Los Angeles. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1971
- Lot Size
- 16,917 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $304.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Lafayette Park Primary Center
Grades K • 0.1 mi
0/10
Lake Street Primary School
Grades K-1 • 0.5 mi
0/10
Charles White Elementary School
Grades 1-5 • 0.5 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 474 | 1,252.996 |
| Lot Size | 16,917 | 26,029.603 |
| Price | $360.0K | $778.5K |
| Price per sq ft | $759 | $629 |
| Built year | 1971 | 1981 |
| HOA | $304.0 | $676 |
| Days on market | 51 | 74 |
Pricing History
Listed for Sale
Oct 23, 2026
$360,000
$395,000
-9% Price Drop
Initial Listing
Price Change
Sep 19, 2026
$395,000
Initial Listing