
Los Angeles, California 90057
This Turnkey Condominium presents a Prime Investment Opportunity, listed at $399,500—positioned well below the $408,330 Fair Market Value by 2%. This valuation gap offers $8,830 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a fully remodeled kitchen and baths, this unit offers a rare 1.5-bathroom layout and resort-style amenities including a community pool. Ideally located near USC and major transit hubs, this is an ideal acquisition for first-time buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 400 S La Fayette Park 213 Subject 1 bd · 2 ba · 886 sqft · $461 | $399,500* List Price | 1 | 2 | 886 | $461 | - |
A 421 S La Fayette Park 701 Sold 1 bd · 1 ba · 715 sqft · $462 · 0.1 mi | $330,000 | 1 | 1 | 715 | $462 | 0.1 mi |
B 421 S La Fayette Park Place 726 Active 1 bd · 1 ba · 715 sqft · $446 · 0.1 mi | $319,000 List Price | 1 | 1 | 715 | $446 | 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 has undergone a complete recent remodel (likely <5 years). It features new flooring throughout, a modern kitchen with new countertops and appliances, and fully updated bathrooms with new vanities, toilets, and showers, putting it in mint, move-in-ready condition.
The unit is completely move-in ready, featuring extensive upgrades including new flooring, a modernized kitchen with new appliances, and fully renovated bathrooms with contemporary vanities and fixtures.
Ideally situated near USC and major medical and professional hubs, the property offers exceptional access to public transportation, including nearby subway and bus stations.
At 886 square feet, this one-bedroom unit offers a rare 1.5-bathroom configuration, a massive walk-in closet, and an in-unit laundry area, providing superior utility compared to standard one-bedroom condos.
The property listing indicates no view, which may be a disadvantage for buyers prioritizing the city or landscape vistas common in high-density Los Angeles residential areas.
Built in 1970, the complex may lack the modern energy efficiencies and architectural aesthetics of newer developments, potentially leading to higher long-term maintenance considerations for the association.
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 | 1,252.996 |
| Lot Size | 28,383 | 26,029.603 |
| Price | $399.5K | $778.5K |
| Price per sq ft | $451 | $629 |
| Built year | 1970 | 1981 |
| HOA | $360.0 | $676 |
| Days on market | 19 | 74 |
Oct 21, 2026
$399,500
Initial Listing
Mar 11, 1994
$55,000
Public Record