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421 S La Fayette Park Pl 427, Los Angeles, California 90057, Los Angeles, 90057 - 1 bed, 1 bath

421 S La Fayette Park Pl 427, Los Angeles, California 90057 home-pic-0
ACTIVE$399,000
421 S La Fayette Park Pl 427, Los Angeles, California 90057
1Bed
1Bath
715Sqft
Lot
Year Built
1971
Close
-
List price
$399K
Original List price
$399K
Price/Sqft
$558
HOA
$501
Days on market
-
Sold On
-
MLS number
PW25219969
Home ConditionGood
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $399.0K(40th), sqft - 715(30th), beds - 1(50th), baths - 1(40th).

Welcome to Lafayette Park Towers, a beautifully remodeled one-bedroom, one-bathroom condo offering modern comfort and convenience in the heart of Los Angeles. This spacious unit features new flooring, an upgraded kitchen, an updated bathroom, multiple closets including a walk-in, a separate dining area, a cozy den with a fireplace, and an oversized balcony that opens to a garden area. Additional recent upgrades include a new air conditioning unit (cooling and heating system), a new ceiling fan in the living room, new closet doors, a digital door lock and digital doorbell, and a Bosch dishwasher, all installed within the past two years. The built-in microwave is a new model connected to the range hood, and a water filtration system has been installed under the kitchen sink, providing clean, filtered water directly from the tap. The building provides secure entry with a lobby, elevator access, onsite management, and evening security staff. Residents can enjoy a rooftop pool and Jacuzzi with breathtaking views of Downtown LA, along with a gym, spa, laundry facilities, and one gated parking space. HOA dues include water, gas, trash, and building maintenance for added convenience. Perfectly located less than two miles from Downtown LA, USC, and the Staples Center, this home is also within walking distance to MacArthur Park, shops, restaurants, and groceries, with easy access to Koreatown, public transit, and major freeways. This condo offers the ideal blend of style, location, and value—perfect for a professional or couple looking to enjoy city living at its best.

Nearby schools

/10
Lafayette Park Primary Center
Public,•K•0.1mi
3/10
Charles White Elementary School
Public,•1-5•0.4mi
3/10
Macarthur Park Elementary School For The Visual And Performing Arts
Public,•K-5•0.6mi
8/10
Hoover Street Elementary School
Public,•K-5•0.6mi
/10
Lake Street Primary School
Public,•K-1•0.7mi
7/10
Dr. Sammy Lee Medical And Health Science Magnet Elementary
Public,•K-5•0.7mi
5/10
Commonwealth Avenue Elementary School
Public,•K-5•0.7mi
5/10
Rosemont Avenue Elementary School
Public,•K-5•0.9mi
5/10
Union Avenue Elementary School
Public,•K-5•0.9mi
2/10
Esperanza Elementary School
Public,•K-5•0.9mi
3/10
Rfk Community Schools - Ambassador School - Global Education
Public,•K-5•1.0mi
3/10
Leo Politi Elementary School
Public,•K-5•1.0mi
3/10
Gratts Learning Academy For Young Scholars (Glays)
Public,•K-6•1.3mi
2/10
Tenth Street Elementary School
Public,•K-5•1.3mi
4/10
Betty Plasencia Elementary School
Public,•K-6•1.5mi
6/10
Castelar Street Elementary School
Public,•K-5•2.4mi
5/10
Virgil Middle School
Public,•6-8•0.8mi
3/10
John H. Liechty Middle School
Public,•6-8•1.0mi
3/10
Sal Castro Middle School
Public,•6-8•1.1mi
3/10
Berendo Middle School
Public,•6-8•1.3mi
6/10
Thomas Starr King Middle School
Public,•6-8•2.1mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,•6-12•0.8mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,•9-12•0.8mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,•9-12•0.8mi
3/10
Belmont Senior High School
Public,•9-12•1.1mi
8/10
John Marshall Senior High School
Public,•9-12•2.9mi

Price History

Date
Event
Price
10/14/25
Listing
$399,000
02/26/21
Sold
$349,000
08/29/17
Sold
$330,000
04/19/05
Sold
$263,000
05/22/02
Sold
$105,000
07/01/98
Sold
$40,000
Condition Rating
Good
The condo, built in 1971, has undergone extensive and recent renovations within the past two years, including new flooring, a new AC/heating system, an updated bathroom, and an upgraded kitchen with a new Bosch dishwasher and microwave. The bathroom is fully modernized with new fixtures and tiling. While the kitchen features new cabinets, countertops, and some appliances, the white gas range and black refrigerator appear older and do not match the newer stainless steel dishwasher, preventing an 'Excellent' rating. Overall, the property is move-in ready with significant recent upgrades to key areas and systems.
Pros & Cons

Pros

Extensive Recent Renovations: The condo boasts comprehensive recent upgrades including new flooring, an upgraded kitchen with a Bosch dishwasher and water filtration system, an updated bathroom, a new AC/heating unit, digital door lock, and new closet doors, all installed within the past two years.
Prime Urban Location & Walkability: Strategically located less than two miles from Downtown LA, USC, and the Staples Center, with walking distance to MacArthur Park, shops, restaurants, and groceries, offering excellent accessibility to Koreatown, public transit, and major freeways.
Comprehensive Building Amenities: Residents benefit from secure entry, a lobby, elevator access, onsite management, evening security, a rooftop pool and Jacuzzi with Downtown LA views, a gym, spa, laundry facilities, and one gated parking space.
Functional & Spacious Layout: The unit features a well-designed layout including a separate dining area, a cozy den with a fireplace, multiple closets (including a walk-in), and an oversized balcony that opens to a garden area, enhancing living comfort.
Inclusive HOA Dues: The HOA dues cover essential utilities such as water, gas, trash, and building maintenance, providing predictable monthly expenses and added convenience for residents.

Cons

High HOA Dues: The association fee of $501.0 per month is relatively high for a one-bedroom, 715 sqft unit, which could impact affordability and long-term ownership costs.
Lack of Unit View: Despite the building's rooftop offering breathtaking views, the unit itself is listed with 'None' for views, and its balcony opens to a garden area, potentially disappointing buyers seeking city vistas from their private space.
Building Age: Constructed in 1971, the building is over 50 years old. While the unit is remodeled, the age of the overall structure and common areas may imply potential for future large-scale repairs or infrastructure updates not fully covered by regular HOA fees.

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