421 S La Fayette Park Place 712, Los Angeles, California 90057, Los Angeles, 90057 - 1 bed, 1 bath
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Los Angeles, California 90057
This Top-Floor Condominium represents a Strong Value Opportunity, listed at $299,000—positioned well below the $335,190 Fair Market Value by 10%. This valuation gap provides $36,190 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit offers a modernized open-concept kitchen with a quartz island and panoramic skyline views. With building amenities including a rooftop pool, fitness center, and 24-hour security, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking urban convenience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 421 S La Fayette Park Place 712 Subject | $299,000* List Price | 1 | 1 | 715 | $469 | - |
A 421 S La Fayette Park 701 Sold | $330,000 | 1 | 1 | 715 | $462 | 0.0 mi |
B 421 S La Fayette Park Place 301 Sold | $325,000 | 1 | 1 | 715 | $455 | 0.0 mi |
C 210 S La Fayette Park Place 102 Sold | $250,000 | 1 | 1 | 476 | $525 | 0.3 mi |
D 421 S La Fayette Park Place 711 Active | $340,000 List Price | 1 | 1 | 715 | $476 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although the building was constructed in 1971, the unit has undergone significant renovations including an open-concept kitchen with a quartz island and updated cabinetry. The presence of laminate flooring and stainless steel appliances makes it move-in ready and well-maintained, fitting the 5-15 year renovation profile.
As a top-floor unit, this property offers exceptional views of the Downtown Los Angeles skyline, providing a premium urban atmosphere and a private balcony to enjoy the city lights.
Residents benefit from a robust suite of amenities including 24-hour security, a rooftop pool, fitness center, and sauna, with water and gas utilities conveniently included in the HOA dues.
The unit features contemporary upgrades such as laminate flooring, a cozy fireplace, and a stylish kitchen centered around a quartz island, offering a move-in-ready space for buyers.
At $601 per month, the association fees are relatively high for a one-bedroom unit at this price point, which may impact the overall affordability and debt-to-income ratio for some buyers.
Constructed in 1971, the building's age may lead to higher long-term maintenance requirements or potential future assessments compared to newer developments in the surrounding area.
**Stunning Top-Floor Condo with Downtown LA Skyline Views.**Located between Koreatown and Downtown Los Angeles, this top-floor unit offers views of the Downtown LA skyline.**This residence features a living room with laminate flooring, a cozy fireplace, and a private balcony for relaxing and enjoying the city views.**The open-concept kitchen is centered around a quartz island, providing both style and functionality. The bedroom offers ample closet and storage space for everyday living.**Residents enjoy a variety of amenities, including 24-hour security, a community room for gatherings and events, and a rooftop recreation area featuring a swimming pool, fitness center, sauna, and shared BBQ facilities.**For added value and convenience, water and gas utilities are included in the HOA dues. The unit also comes with one assigned street-level parking space.**Conveniently located just two blocks from Target and Starbucks on 6th Street, this home provides easy access to shopping, dining, entertainment, and all that Koreatown and Downtown LA have to offer.**Don't miss this opportunity to own a top-floor condo with skyline views in a convenient Los Angeles location.
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 |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 715 | 1,243 |
| Lot Size | 43,264 | 24,016 |
| Price | $299.0K | $805.6K |
| Price per sq ft | $418 | $659 |
| Built year | 1971 | 1981 |
| HOA | $601.0 | $684 |
| Days on market | 35 | 71 |
Jun 17, 2026
$299,000
Initial Listing
Nov 14, 2011
$125,000
Public Record