421 S La Fayette Park Place 726, Los Angeles, California 90057, Los Angeles, 90057 - 1 bed, 1 bath
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421 S La Fayette Park Place 726
Los Angeles, California 90057
ACTIVE
CONDITION: GOOD
1Beds
1Baths
715Sq Ft
43,264Lot Size
Property Price
LIST PRICE$319,000
EST. MARKET VALUE
$329,468
3% BelowMARKET VALUE
SUMMARY
This 1-bedroom Condominium represents a Strong Value Opportunity, listed at $319,000—positioned well below the $329,468 Fair Market Value by 3%. This valuation gap offers $10,468 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit includes 2024 updates, central HVAC, and a private balcony with Hollywood Hills views. With access to a rooftop deck, pool, and fitness center, this property is an ideal choice for first-time buyers or Buy-and-Hold Investors seeking a move-in-ready asset near DTLA.
Estimated Market Value
$329,468+$10,468 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 421 S La Fayette Park Place 726 Subject 1 bd · 1 ba · 715 sqft · $461 | $319,000* List Price | 1 | 1 | 715 | $461 | - |
A 421 S La Fayette Park 701 Sold 1 bd · 1 ba · 715 sqft · $462 · 0.0 mi | $330,000 | 1 | 1 | 715 | $462 | 0.0 mi |
B 210 S La Fayette Park Place 102 Sold 1 bd · 1 ba · 476 sqft · $525 · 0.3 mi | $250,000 | 1 | 1 | 476 | $525 | 0.3 mi |
C 400 S La Fayette Park Pl #314 Active 1 bd · 2 ba · 886 sqft · $450 · 0.1 mi | $399,000 List Price | 1 | 2 | 886 | $450 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The property was refreshed in 2024 with new flooring and fresh interior paint, making it functional and move-in ready. While the kitchen cabinets and appliances are older and the 1971 building shows some age (such as popcorn ceilings), the unit is well-maintained and features central HVAC.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Top-Floor Location
Positioned as a top-floor unit with no facing neighbors, this residence offers superior privacy and elevated views of the Hollywood Hills and city lights.
- Recent 2024 Updates
The property is move-in ready, having been refreshed in 2024 with new flooring in the living room and bathroom, alongside fresh interior paint.
- Extensive Building Amenities
Residents enjoy a comprehensive amenity package including a rooftop deck, swimming pool, spa, sauna, fitness center, 24-hour security, and gated assigned parking.
CONSRISKS & DEFICIENCIES
- High HOA Fees
The monthly association fee of $601.28 is relatively high for a 1-bedroom condo at this price point, increasing the ongoing cost of ownership.
- Aging Building Infrastructure
Built in 1971, the building's older construction may require ongoing maintenance or potential future assessments, despite the individual unit's modern updates.
About 421 S La Fayette Park Place 726
Top-floor premium unit with no facing neighbors, offering privacy and elevated views. This beautifully updated 1-bedroom, 1-bath residence near DTLA is within walking distance to Lafayette Park and features a spacious, open-concept floor plan. The home was refreshed in 2024 with new flooring in the living room and bathroom, along with fresh interior paint. Enjoy a bright living and dining area that opens to a private balcony with views of the Hollywood Hills. The open kitchen flows seamlessly into the main living space, perfect for both everyday living and entertaining. Additional highlights include central air conditioning and ample natural light. HOA dues include water, gas, trash, 24-hour security, and an on-site property manager. The unit comes with one gated, assigned parking space. Residents have access to amenities, including an expansive rooftop deck, swimming pool, spa, sauna, BBQ area, and a spacious fitness center. An excellent opportunity to own a move-in-ready home in a prime Los Angeles location.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1971
- Lot Size
- 43,264 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $601.28 / Month
Neighborhood Insights
Los Angeles Unified Schools
Lafayette Park Primary Center
Grades K • 0.1 mi
0/10
Charles White Elementary School
Grades 1-5 • 0.4 mi
3/10
Macarthur Park Elementary School For The Visual And Performing Arts
Grades K-5 • 0.6 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 715 | 1,252.996 |
| Lot Size | 43,264 | 26,029.603 |
| Price | $319.0K | $778.5K |
| Price per sq ft | $446 | $629 |
| Built year | 1971 | 1981 |
| HOA | $601.28 | $676 |
| Days on market | 42 | 74 |
Pricing History
Listed for Sale
Sep 28, 2026
$319,000
Initial Listing
Sold
Jun 20, 2023
$410,000
Public Record
Sold
Jun 5, 2018
$340,000
Public Record
Sold
Oct 30, 1997
$32,000
Public Record