421 S La Fayette Park Place 220, Los Angeles, California 90057, Los Angeles, 90057 - 1 bed, 1 bath
ACTIVE$290,000$715/sqft
421 S La Fayette Park Place 220, Los Angeles, California 90057
1Bed
1Bath
715Sqft
43,264Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location: Strategically located near Wilshire Blvd and Koreatown, offering convenient access to diverse dining, entertainment, and cultural amenities.
Top Cons:
High Association Fee: The $500 monthly association fee is substantial for a 1-bedroom unit, significantly impacting overall monthly housing expenses.
Compared to the nearby listings
Price:$290.0K vs avg $430.0K ($-140,000)18%
Size:715 sqft vs avg 897 sqft27%
Price/sqft:$406 vs avg $42727%
More Insights
Built in 1971 (55 years old).
Condition: Built in 1971, this unit shows significant signs of age with largely original or very dated components. The kitchen features dark, outdated cabinets, older white appliances, and dated countertops and backsplash. The bathroom is similarly outdated with an old vanity, sink, and tile work. Flooring consists of worn carpet and dated ceramic tiles. While the property appears clean and functional with central heating and cooling, the aesthetic and functional updates required for the kitchen, bathroom, and flooring are substantial, moving beyond minor repairs into rehabilitation to meet modern standards.
Year Built
1971
Close
-
List price
$290K
Original List price
$290K
Price/Sqft
$406
HOA
$500
Days on market
-
Sold On
-
MLS number
26634199
Home ConditionPoor
Features
Pool
Spa
Patio
ViewCourtyard
About this home
Great room floor plan with gas fireplace, sliding glass doors to spacious patio and direct access to the courtyard. One bedroom, one bath, one car garage. Kitchen with oven and gas cooktop is open to the dining area and the living room. Great central location near Wilshire BLVD and Koreatown. Amenities include Rooftop pool and Spa, exercise room, Sauna, and 24 hour security. Central heating and cooling. FIRST SHOWING ON SUNDAY, 1/11, FROM 2:00 - 5:00 PM.
B
Ben Kanani
Listing Agent
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
10/02/98
Sold
$40,000
03/28/17
Sold
$152,000
03/08/04
Sold
$180,000
Condition Rating
Poor
Built in 1971, this unit shows significant signs of age with largely original or very dated components. The kitchen features dark, outdated cabinets, older white appliances, and dated countertops and backsplash. The bathroom is similarly outdated with an old vanity, sink, and tile work. Flooring consists of worn carpet and dated ceramic tiles. While the property appears clean and functional with central heating and cooling, the aesthetic and functional updates required for the kitchen, bathroom, and flooring are substantial, moving beyond minor repairs into rehabilitation to meet modern standards.
Pros & Cons
Pros
Prime Location: Strategically located near Wilshire Blvd and Koreatown, offering convenient access to diverse dining, entertainment, and cultural amenities.
Extensive Building Amenities: Residents benefit from a rooftop pool and spa, exercise room, sauna, and 24-hour security, enhancing lifestyle and property appeal.
Desirable Unit Features: The 'great room' floor plan, gas fireplace, and sliding glass doors leading to a spacious patio with direct courtyard access provide comfortable living and outdoor enjoyment.
Year-Round Comfort: Equipped with central heating and cooling, ensuring a comfortable living environment regardless of the season.
Courtyard View & Access: The unit offers a pleasant courtyard view and direct access, providing a tranquil and accessible outdoor extension of the living space.
Cons
High Association Fee: The $500 monthly association fee is substantial for a 1-bedroom unit, significantly impacting overall monthly housing expenses.
Building Age: Built in 1971, the property is over 50 years old, which may lead to concerns about aging infrastructure or potential future special assessments for major renovations.
Compact Living Space: With 715 sqft, the unit offers a relatively compact footprint, which might be a limiting factor for buyers desiring more expansive living areas.