525 La Fayette Park Place 115, Los Angeles, California 90057, Los Angeles, 90057 - 2 bed, 2 bath
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Los Angeles, California 90057
This High-Potential Investment Opportunity is listed at a List Price of $465,000, positioned well above the $410,327 Fair Market Value by 13%. While the property requires cosmetic updates due to its Condition Rating of 4, it offers a rare southeast corner unit layout with significant privacy and a low $305/month HOA fee. Its proximity to major freeways and Downtown LA ensures strong rental demand. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project in a central urban location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 525 La Fayette Park Place 115 Subject | $465,000* List Price | 2 | 2 | 930 | $441 | - |
A 421 S La Fayette Park Place 328 Sold | $435,000 | 2 | 2 | 1,085 | $401 | 0.1 mi |
B 421 S La Fayette Park 701 Sold | $330,000 | 1 | 1 | 715 | $462 | 0.1 mi |
C 400 S La Fayette Park Pl #314 Active | $424,000 List Price | 1 | 2 | 886 | $479 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, the property is over 40 years old and shows significant dating. While the description mentions a remodeled bathroom and move-in readiness, the kitchen features older oak cabinetry and white appliances, and the interior retains popcorn ceilings and dated fixtures, necessitating cosmetic updates.
As a rare southeast corner unit with only one common wall, this property offers superior natural light and a level of privacy seldom found in high-density condominium living.
The exceptionally low HOA fee of $305 per month, combined with a competitive list price, provides excellent value and lower monthly carrying costs for buyers in the Los Angeles market.
Situated minutes from Downtown LA with immediate access to the 101, 110, 5, and 10 freeways, the property is perfectly positioned for professionals seeking a central urban lifestyle.
Constructed in 1979, the building may lack the contemporary amenities and energy-efficient features found in newer luxury developments in the surrounding area.
The majority of the immediate neighborhood schools have lower performance ratings, which may be a drawback for families prioritizing high-ranking educational facilities.
Prime location just minutes from Downtown LA with easy access to the 101, 110, 5 & 10 Freeways. Rare southeast corner unit with only one common wall, offering privacy and abundant natural light. Front-facing unit with beautiful tree-lined street views. Bright, open living room with a newly renovated balcony. Functional kitchen, remodeled bathroom, and well-maintained interior. The primary bedroom features a walk-in closet, while the additional bedrooms are comfortably sized for everyday living. Two side-by-side parking spaces and a low HOA fee of only $305/month. Move-in ready and a wonderful place to call home.
No exterior & parking available.
Grades K • 0.2 mi
Grades 1-5 • 0.3 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 930 | 1,243 |
| Lot Size | 21,291 | 24,016 |
| Price | $465.0K | $805.6K |
| Price per sq ft | $500 | $659 |
| Built year | 1979 | 1981 |
| HOA | $305.0 | $684 |
| Days on market | 3 | 71 |
Jul 22, 2026
$465,000
Initial Listing
Oct 16, 2008
$279,000
Public Record
Oct 31, 2003
$219,000
Public Record