
Los Angeles, California 90013
This Turnkey Condominium is a Strong Value Opportunity, listed at $799,000—positioned well above the $782,012 Fair Market Value by 2%. While priced slightly above market, the property maintains an Excellent Condition Rating with high-end Jenn-Air appliances and modern finishes. Featuring a rare private yard, direct street access, and two side-by-side parking spaces, this residence offers a unique urban lifestyle in the Arts District. With resort-style amenities and proximity to cultural landmarks, it is an ideal sanctuary for Urban Professionals or Owner-Occupants seeking a move-in-ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 629 Traction Avenue 105 Subject | $799,000* List Price | 2 | 2 | 1,280 | $611 | - |
A 629 Traction Avenue 241 Sold | $750,000 | 2 | 2 | 1,240 | $605 | 0.0 mi |
B 629 Traction Avenue 609 Sold | $900,000 | 2 | 2 | 1,430 | $629 | 0.0 mi |
C 825 E 4th Street 310 Sold | $815,000 | 2 | 2 | 1,564 | $521 | 0.2 mi |
D 500 Molino Street 114 Sold | $750,000 | 1 | 1 | 1,610 | $466 | 0.4 mi |
E 629 Traction Avenue 105 Active | $799,000 List Price | 2 | 2 | 1,280 | $624 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2007 (17 years old), the property qualifies as Excellent due to recent high-end renovations and mint condition. The kitchen features premium Jenn-Air stainless steel appliances and modern quartz countertops, while the bathrooms have been thoughtfully updated with contemporary subway tile and frameless glass. The unit is in move-in-ready condition with no deferred maintenance visible.
This ground-floor residence features a private balcony and yard with direct street access, offering a townhouse-like experience that avoids lobbies and elevators—a rare find in the Arts District.
The unit includes two side-by-side parking spaces rather than the standard tandem arrangement, providing exceptional convenience and a significant competitive advantage in the downtown market.
Situated in a highly walkable cultural hub, the property is steps away from world-class dining like Bestia and Bavel, as well as high-end grocers and galleries, ensuring strong lifestyle appeal.
The monthly association fee of $932.65 is substantial, which may impact buyer affordability and reduce the pool of interested investors looking for lower overhead.
While direct street access is convenient, a ground-floor position in a high-traffic urban neighborhood can lead to increased street noise and potential privacy challenges for the residents.
NOTE: Seller highly motivated, WILLING TO DO A LOAN BUYDOWN to make it easier to buy. Excellent Price! Rare ground-floor residence, 2 Side by Side parking, with a private balcony and yard--one of the few homes in the building offering direct street access. Enter and exit without passing through the lobby or waiting for elevators. This home also includes two side-by-side parking spaces (NOT Tandem) providing convenience and flexibility not found in many other listings which have tandem-parking units. The single-level layout features a spacious L-shaped living and dining area with custom built-in cabinetry. The kitchen includes stainless-steel Jenn-Air appliances (all included), sleek finishes, and ample counter space. Both bedrooms offer large walk-in closets, and the bathrooms have been thoughtfully updated. A separate laundry room and multiple additional closets enhance the home's functionality.Located on the quieter Hewitt Street side of the community, this residence is part of a well-maintained building with resort-style amenities, including a fitness center, pool, spa, BBQ areas, and peaceful outdoor spaces with water features. The building also provides a 24-hour attended front desk/security.Positioned near the Arts District and Little Tokyo, the home offers close proximity to an exceptional selection of dining, shopping, and cultural destinations, including acclaimed restaurants such as Bestia, Bavel, Manuela, Girl & the Goat, and Wurstkuche, as well as cafes like Blue Bottle and Verve. Nearby breweries include Angel City Brewery and Arts District Brewing Co. Grocery options such as Urban Radish, Whole Foods, and Little Tokyo Marketplace are also within easy reach, along with cultural landmarks including the Geffen Contemporary at MOCA and the Japanese American National Museum.This is a rare opportunity to own a ground-floor home with private outdoor space, direct access, and exceptional convenience in one of Los Angeles's most vibrant neighborhoods.
No exterior & parking available.
Grades K-8 • 0.7 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,280 | 1,243 |
| Lot Size | - | 24,016 |
| Price | $799.0K | $805.6K |
| Price per sq ft | $624 | $659 |
| Built year | 2007 | 1981 |
| HOA | $932.65 | $684 |
| Days on market | 37 | 71 |
Jun 15, 2026
$799,000
Initial Listing
Mar 3, 2020
$880,000
Public Record
Oct 29, 2014
$590,000
Public Record
Apr 1, 2008
$570,000
Public Record