400 S La Fayette Park Pl #314, Los Angeles, California 90057, Los Angeles, 90057 - 1 bed, 2 bath
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Los Angeles, California 90057
This Strong Value Opportunity is listed at $428,000, positioned above the $400,962 Fair Market Value. While the property currently lacks an equity gap, it offers a functional Fair Condition Rating with significant potential for cosmetic modernization. Key features include a spacious 886 sqft layout, two assigned parking spaces, and community pool access. Located in a vibrant urban corridor, this residence is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a customizable asset in a high-demand Los Angeles neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 400 S La Fayette Park Pl #314 Subject | $424,000* 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 Place 301 Sold | $325,000 | 1 | 1 | 715 | $455 | 0.1 mi |
C 421 S La Fayette Park Place 328 Sold | $435,000 | 2 | 2 | 1,085 | $401 | 0.1 mi |
D 421 S La Fayette Park 214 Active | $299,999 List Price | 1 | 1 | 800 | $375 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1970, this unit is in fair condition as it remains largely dated. While the kitchen features some newer stainless steel appliances, the cabinetry, tile countertops, and flooring in both the kitchen and bathrooms appear to be over 20 years old. The property is functional and move-in ready but requires cosmetic updates and modernization of systems to meet current standards.
The property is ideally positioned on a picturesque, tree-lined street with immediate proximity to Koreatown, Silver Lake, and Downtown Los Angeles, offering residents a highly walkable and vibrant urban lifestyle.
Including two assigned parking spaces for a one-bedroom unit is a significant rarity in this area, and the low $360 HOA fee—which covers water, trash, and pool maintenance—provides excellent monthly value.
Spanning 886 square feet, the residence offers a generous floor plan that includes two bathrooms, providing a level of convenience and privacy for guests that is rarely found in standard one-bedroom configurations.
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 property is listed as having no specific view, which may be a disadvantage for buyers prioritizing the cityscapes or mountain vistas often sought after in Los Angeles condominium living.
Constructed in 1970, the building may lack the modern energy-efficient systems, contemporary aesthetic, and high-end amenities found in the newer luxury developments nearby.
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 |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 886 | 1,243 |
| Lot Size | 28,314 | 24,016 |
| Price | $424.0K | $805.6K |
| Price per sq ft | $479 | $659 |
| Built year | 1970 | 1981 |
| HOA | $360.0 | $684 |
| Days on market | 37 | 71 |
Jul 2, 2026
$424,000
$428,000
-1% Price Drop
Initial Listing
Jun 15, 2026
$428,000
Initial Listing
Feb 21, 2024
$430,000
Public Record
Dec 12, 2006
$375,000
Public Record