
Los Angeles, California 90057
This Sophisticated Urban Condominium is listed at $428,000, representing a stable entry point near its $420,671 Fair Market Value. Maintaining a Condition Rating of 3, the interior features modern laminate flooring and a rare, highly functional 1-bedroom, 2-bathroom layout. Exceptional amenities include two assigned parking spaces and access to a community pool, while proximity to top-rated schools like Hoover Street Elementary ensures lasting desirability. This move-in ready home is perfectly suited for urban professionals or first-time buyers seeking a refined lifestyle at the intersection of Koreatown and Downtown LA.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 400 S La Fayette Park Pl #314 Subject | $428,000* List Price | 1 | 2 | 886 | $475 | - |
A 421 S La Fayette Park Place 328 Sold | $435,000 | 2 | 2 | 1,085 | $401 | 0.1 mi |
B 421 S La Fayette Park Place 301 Sold | $325,000 | 1 | 1 | 715 | $455 | 0.1 mi |
C 244 S La Fayette Park 301 Active | $539,000 List Price | 2 | 2 | 942 | $572 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained with several key updates, including modern laminate flooring, recessed lighting, and stainless steel kitchen appliances. While the kitchen retains a traditional galley layout with older tile countertops and the building was constructed in 1970, the overall interior condition is clean and functional without immediate need for major renovation.
Ideally situated at the intersection of Koreatown, Silver Lake, and Downtown LA, providing residents with unparalleled access to the city's top dining, cultural, and employment hubs.
The unit includes two assigned parking spaces—a rare and highly valuable asset for a one-bedroom in this area—alongside a competitive $360 HOA fee that covers water and trash.
At 886 square feet, this one-bedroom residence offers a generous floor plan that uniquely features two bathrooms, significantly enhancing convenience and marketability for couples or guests.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =28314, other record lot size in square feet = 28375.
The kitchen features a functional but enclosed galley design, which may feel less integrated and modern compared to the open-concept culinary spaces preferred by many contemporary buyers.
The property is noted as having no specific view, which may be a disadvantage for buyers seeking the elevated city vistas often associated with high-density Los Angeles living.
Welcome to La Fayette Park Place, where timeless charm meets sophisticated city living. Perfectly positioned on a picturesque, tree-lined street, this elegant residence offers an exceptional lifestyle just moments from the vibrant energy of Koreatown, the creativity of Silver Lake, and the dynamic pulse of Downtown Los Angeles. This beautifully appointed 1-bedroom, 2-bathroom home spans 886 square feet of thoughtfully designed living space, filled with an abundance of natural light. The open-concept layout creates a seamless flow, enhancing both comfort and style. Expansive sliding glass doors invite the outdoors in, leading to a private balcony—an ideal retreat for morning coffee, evening unwinding, or intimate gatherings under the city sky. The refined galley kitchen is both functional and stylish, featuring quality appliances including an electric range, dishwasher, and refrigerator, complemented by generous cabinetry for effortless living. Additional highlights include 2 assigned parking spaces, access to a serene community pool, and a conveniently located laundry area. With low HOA dues of just $360 per month, residents enjoy included water, trash, pool access, and meticulously maintained grounds. Experience the perfect blend of comfort, convenience, and elevated living in one of Los Angeles’ most sought-after neighborhoods. La Fayette Park Place — where your next chapter begins.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.5 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 886 | 985.5 | 50% |
| Lot Size | 28,314 | 43,264 | 17% |
| Price | $428.0K | $431.5K | 50% |
| Price per sq ft | $483 | $439 | 83% |
| Built year | 1970 | 1971 | 33% |
| HOA | $360.0 | $560 | 33% |
| Days on market | 27 | 181 | 17% |
Mar 26, 2026
$428,000
Initial Listing
Feb 21, 2024
$430,000
Public Record
Dec 12, 2006
$375,000
Public Record