421 S La Fayette Park Place 515, Los Angeles, California 90057, Los Angeles, 90057 - 1 bed, 1 bath
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Los Angeles, California 90057
This Well-Maintained Urban Condominium represents a stable entry into the Los Angeles market with a List Price of $350,000, positioned accurately alongside its $347,410 Fair Market Value. Maintaining a Condition Rating of 4, the residence is move-in ready and features a spacious open layout that flows onto a private balcony with a City Lights View. Residents enjoy premium community amenities including a Pool and Spa, plus proximity to Top-Rated Schools like Hoover Street Elementary and John Marshall Senior High. This property is an ideal sanctuary for first-time buyers or urban professionals seeking a central, high-convenience lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 421 S La Fayette Park Place 515 Subject | $350,000* List Price | 1 | 1 | 769 | $452 | - |
A 421 S La Fayette Park Place 301 Sold | $325,000 | 1 | 1 | 715 | $455 | - |
B 421 S La Fayette Park Place 306 Active | $360,000 List Price | 1 | 1 | 750 | $480 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready, but shows clear signs of its 1971 build date. While it features updated laminate flooring and stainless steel appliances, the kitchen cabinetry, bathroom vanity, and popcorn ceilings are dated. The overall style and common area facilities reflect a home that has been maintained through regular upkeep rather than a comprehensive modern renovation.
Ideally positioned between Koreatown and Downtown LA, this property offers residents unparalleled access to diverse dining, shopping, and major transportation hubs for a vibrant city lifestyle.
The monthly dues provide significant convenience by including water and gas utilities, alongside access to premium community features like a pool, spa, and gym.
With 769 square feet of living space, the unit features a functional floor plan that maximizes natural light and includes a private balcony with city light views.
The HOA fee of approximately $637 is relatively high compared to the listing price, which may impact the debt-to-income ratio for some prospective buyers.
Built in 1971, the unit and building may require future capital improvements or interior updates to remain competitive with newer developments in the immediate area.
Welcome to this charming and well-maintained home in the heart of Koreatown, offering a spacious interior with a functional open layout that feels both comfortable and practical for everyday living. Natural light fills the unit, creating a bright and inviting atmosphere, while the private balcony provides a perfect spot to relax and unwind. Residents can enjoy a range of community amenities, including a pool, spa, gym, and recreational areas. HOA dues include water and gas, adding extra value and convenience. Conveniently located between Koreatown and Downtown LA, you'll have easy access to great restaurants, markets, shopping, and major transportation, making daily errands and commuting a breeze. A wonderful opportunity to enjoy easy and vibrant city living in one of LA's most desirable neighborhoods.
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 | 1.5 | 50% |
| Baths | 1.0 | 2.0 | 33% |
| Square foot | 769 | 985.5 | 33% |
| Lot Size | 43,264 | 43,264 | 50% |
| Price | $350.0K | $392.5K | 50% |
| Price per sq ft | $455 | $439 | 83% |
| Built year | 1971 | 1971 | 50% |
| HOA | $637.49 | $620 | 67% |
| Days on market | 35 | 182 | 17% |
Mar 18, 2026
$350,000
Initial Listing
Feb 2, 2005
$253,000
Public Record