421 S La Fayette Park 214, Los Angeles, California 90057, Los Angeles, 90057 - 1 bed, 1 bath
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Los Angeles, California 90057
This Resort-Style Urban Condo is a Prime Investment Opportunity, listed at $329,999—positioned well below the $343,411 Fair Market Value by 3%. This valuation gap offers $13,412 in Instant Equity for buyers. The unit maintains a Condition Rating of 4 with fresh cosmetic updates and features a rare, oversized private balcony with courtyard views. Residents benefit from premium rooftop amenities and proximity to Top-Rated Schools like Hoover Street Elementary. This property is a strategic acquisition for first-time buyers or Buy-and-Hold Investors seeking urban convenience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 421 S La Fayette Park 214 Subject | $329,999* List Price | 1 | 1 | 800 | $429 | - |
A 421 S La Fayette Park Place 301 Sold | $325,000 | 1 | 1 | 715 | $455 | 0.0 mi |
B 400 S La Fayette Park Place 213 Sold | $270,000 | 1 | 2 | 886 | $305 | 0.1 mi |
C 421 S La Fayette Park Place 515 Active | $350,000 List Price | 1 | 1 | 769 | $455 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971, the unit features cosmetic updates including laminate flooring and fresh paint, but remains fundamentally dated with popcorn ceilings and 1970s-style mirrored walls. While functional and move-in ready, the kitchen and bathroom appear to be older than 20 years without a full modern renovation.
Priced competitively under $330k, this unit offers resort-style amenities including a rooftop heated pool, jacuzzi, and fitness center, providing high lifestyle value rarely found at this price point.
The property features an exceptionally large private balcony/patio with direct access to landscaped outdoor areas, offering a unique indoor-outdoor flow that significantly expands the usable living space.
Situated minutes from Downtown Los Angeles with convenient Metro access, the location is ideal for commuters and those seeking proximity to major shopping, dining, and urban parks.
The association fee of $554 per month is relatively high for a one-bedroom unit, which may impact the overall affordability and debt-to-income ratio for budget-conscious buyers.
Built in 1971, the building may lack the modern energy efficiencies and contemporary architectural standards found in newer residential developments in the surrounding area.
One of the best value 1-bedroom opportunities in the community, featuring standout outdoor space and resort-style amenities rarely found at this price point. Bright and spacious 1 bed / 1 bath condo of approx. 800 sq ft near McArthur Park and minutes to Downtown Los Angeles. Second-floor unit with gas range/oven, included refrigerator, and open kitchen flowing to living area with fireplace. Filled with natural light, this home features laminate flooring, fresh paint, and oversized mirrors enhancing the sense of space. Bedroom offers generous closet storage. A defined dining area provides flexible space for dining, work, or entertaining. A major highlight is the exceptionally large private balcony/patio with direct access to landscaped outdoor areas—ideal for relaxing or outdoor living. Community amenities include rooftop heated pool, jacuzzi, fitness room, secure entry, cable readiness, and assigned parking (1 space). Pet-friendly grounds with walking paths enhance the lifestyle. Convenient location near Metro access, shopping, dining, parks, and Downtown LA. Ideal for first-time buyers or those seeking central, amenity-rich living with strong indoor-outdoor flow.
No exterior & parking available.
Grades K • 0.1 mi
Grades 1-5 • 0.4 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 800 | 800 | 50% |
| Lot Size | 43,264 | 43,264 | 50% |
| Price | $330.0K | $330.0K | 50% |
| Price per sq ft | $412 | $445 | 43% |
| Built year | 1971 | 1971 | 50% |
| HOA | $554.0 | $501 | 57% |
| Days on market | 41 | 197 | 14% |
Apr 26, 2026
$329,999
Initial Listing