421 S La Fayette Park Place 711, Los Angeles, California 90057, Los Angeles, 90057 - 1 bed, 1 bath
Loading property details...
421 S La Fayette Park Place 711
Los Angeles, California 90057
ACTIVE
CONDITION: GOOD
1Beds
1Baths
715Sq Ft
43,264Lot Size
Property Price
LIST PRICE$305,000
EST. MARKET VALUE
$324,124
5% BelowMARKET VALUE
SUMMARY
FULL_VERSION
This 1-Bedroom Condominium represents a Strong Value Opportunity, listed at $305,000—positioned well below the $324,124 Fair Market Value by 5%. This valuation gap offers $19,124 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit offers a move-in ready aesthetic with recent refreshes. Residents enjoy a Top-Floor Corner Layout with Unobstructed Skyline Views and proximity to top-rated schools like Hoover Street Elementary. This is an ideal acquisition for first-time buyers or Buy-and-Hold Investors.
SEO VERSION
Top-floor 1BR condo in Los Angeles for sale. Move-in ready with skyline views, near Koreatown and USC. Priced at $305k with instant equity. Perfect starter home.
Estimated Market Value
$324,124+$19,124 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 421 S La Fayette Park Place 711 Subject 1 bd · 1 ba · 715 sqft · $453 | $305,000* List Price | 1 | 1 | 715 | $453 | - |
A 421 S La Fayette Park 701 Sold 1 bd · 1 ba · 715 sqft · $462 · 0.0 mi | $330,000 | 1 | 1 | 715 | $462 | 0.0 mi |
B 210 S La Fayette Park Place 102 Sold 1 bd · 1 ba · 476 sqft · $525 · 0.3 mi | $250,000 | 1 | 1 | 476 | $525 | 0.3 mi |
C 421 S La Fayette Park Place 712 Active 1 bd · 1 ba · 715 sqft · $418 | $299,000 List Price | 1 | 1 | 715 | $418 | - |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1971, the unit has been recently refreshed with contemporary paint, new light fixtures, and a brand-new electric range. The flooring and countertops appear updated, and the listing describes the property as well-maintained and move-in ready, fitting the 5-15 year renovation window for functional living.
PROSSTRENGTHS & OPPORTUNITIES
- Top-Floor Privacy
Positioned as a top-floor corner unit, this home offers maximum privacy with only one shared wall in the living room and zero shared walls in the bedroom.
- Prime Central Location
Ideally situated just minutes from Downtown LA, Koreatown, and USC, providing residents with effortless daily commutes and exceptional access to city dining and entertainment.
- Move-In Ready Updates
The property has been recently refreshed with contemporary paint, modern light fixtures, and a brand-new electric range, offering a clean and updated aesthetic.
CONSRISKS & DEFICIENCIES
- High Association Fee
The monthly association fee of $601.00 is relatively high for a 715-square-foot, one-bedroom condo, which increases the ongoing cost of ownership.
- Community Laundry
The unit lacks an in-unit washer and dryer, requiring residents to use the building's shared on-site community laundry facilities.
About 421 S La Fayette Park Place 711
Top-floor living with maximum privacy! This bright, airy corner-style home features an open-concept layout with only one shared wall in the living room and zero shared walls in the bedroom. Recently refreshed with contemporary paint, modern light fixtures, and a brand-new electric range. The well-maintained building offers excellent convenience with three elevators and on-site community laundry. Ideally situated just minutes from Downtown LA, Koreatown, and USC, making daily commutes and city dining effortless.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1971
- Lot Size
- 43,264 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $601.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Lafayette Park Primary Center
Grades K • 0.1 mi
0/10
Charles White Elementary School
Grades 1-5 • 0.4 mi
3/10
Macarthur Park Elementary School For The Visual And Performing Arts
Grades K-5 • 0.6 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 715 | 1,252.996 |
| Lot Size | 43,264 | 26,029.603 |
| Price | $305.0K | $778.5K |
| Price per sq ft | $427 | $629 |
| Built year | 1971 | 1981 |
| HOA | $601.0 | $676 |
| Days on market | 62 | 74 |
Pricing History
Listed for Sale
Sep 8, 2026
$305,000
Initial Listing