
Los Angeles, California 90057
This Prime Investment Opportunity is a Turnkey Condominium listed at $399,500, positioned well below the $411,753 Fair Market Value by 2%. This valuation gap provides $12,253 in Instant Equity. Featuring a Complete Remodel and an Excellent Condition Rating, the unit includes modern wide-plank flooring and stainless steel appliances. Residents enjoy resort-style amenities, including a community pool and garden. Located near transit hubs and the Los Angeles Unified school district, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready urban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 400 S La Fayette Park 213 Subject | $399,500* List Price | 1 | 2 | 886 | $451 | - |
A 421 S La Fayette Park 701 Sold | $330,000 | 1 | 1 | 715 | $462 | 0.1 mi |
B 421 S La Fayette Park 406 Active | $299,888 List Price | 1 | 1 | 715 | $419 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1970, the unit is described as a 'complete remodeled condo' and is in mint, move-in ready condition. The images show recent upgrades (<5 years) including modern wide-plank flooring, updated kitchen cabinetry with stainless steel appliances, contemporary light fixtures, and refreshed bathrooms, meeting the criteria for a recent high-quality renovation.
Move-in ready! This completely remodeled 1-bedroom, 1.5-bathroom condo in the gated La Fayette Park Place community. Located in a quiet cul-de-sac neighborhood, this move-in-ready home offers comfort, privacy, and convenient access to public transportation. The home features new flooring throughout, a new kitchen countertop, and new kitchen appliances. Both bathrooms have been beautifully remodeled with new vanities, toilets, and showers. The spacious bedroom suite offers a huge walk-in closet plus an additional oversized closet, while the living area includes a convenient powder room and laundry area. Conveniently located near USC and major educational, medical, and professional destinations throughout central Los Angeles, with easy access to nearby subway and bus stations. Enjoy the resort style life with community pool and nice garden. Don't miss it.
No exterior & parking available.
Grades K • 0.1 mi
Grades 1-5 • 0.4 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 886 | 1,219.385 |
| Lot Size | 28,383 | 27,236.074 |
| Price | $399.5K | $800.2K |
| Price per sq ft | $451 | $650 |
| Built year | 1970 | 1979 |
| HOA | $360.0 | $685 |
| Days on market | 78 | 72 |
Jun 23, 2026
$399,500
Initial Listing
Mar 11, 1994
$55,000
Public Record