
Los Angeles, California 90057
This 1-Bedroom Condominium represents a Strong Value Opportunity, listed at $399,000—positioned slightly above the $387,625 Fair Market Value. While the pricing reflects current market stability, the property features a Condition Rating of 3, offering a move-in ready space with modern laminate flooring and stainless steel appliances. Key highlights include 2 Assigned Parking Spaces and a Community Pool, providing rare convenience in this dense urban corridor. This is an ideal acquisition for first-time buyers or urban professionals seeking a low-maintenance lifestyle near Koreatown.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 400 S La Fayette Park Pl #314 Subject 1 bd · 2 ba · 886 sqft · $431 | $379,000* List Price | 1 | 2 | 886 | $431 | - |
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 move-in ready.
The property is well-maintained, functional, and move-in ready. It features clear cosmetic updates including modern laminate flooring, recessed lighting, fresh paint, and newer stainless steel appliances. While the kitchen cabinets and tile countertops show some age, the overall condition is clean and requires no immediate major repairs.
Strategically situated near Koreatown, Silver Lake, and Downtown Los Angeles, providing exceptional access to diverse dining, entertainment, and employment hubs.
Includes two assigned parking spaces, an exceptional and highly coveted convenience for a one-bedroom unit in a high-density Los Angeles neighborhood.
Features a competitive monthly HOA fee of $360 that covers essential utilities like water and trash, alongside community pool access and grounds maintenance.
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 unit lacks any designated views, which may reduce its competitive appeal for buyers prioritizing scenic or city outlooks.
Constructed in 1970, the property features an older infrastructure and a traditional galley layout, which may require future capital improvements or updates compared to newer developments.
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 | 1,252.996 |
| Lot Size | 28,314 | 26,029.603 |
| Price | $379.0K | $778.5K |
| Price per sq ft | $428 | $629 |
| Built year | 1970 | 1981 |
| HOA | $360.0 | $676 |
| Days on market | 44 | 74 |
Nov 7, 2026
$379,000
$399,000
-5% Price Drop
Initial Listing
Sep 26, 2026
$399,000
Initial Listing
Feb 21, 2024
$430,000
Public Record
Dec 12, 2006
$375,000
Public Record