629 Traction Avenue 307, Los Angeles, California 90013, Los Angeles, 90013 - 2 bed, 2 bath
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Los Angeles, California 90013
This Turnkey Condominium is a Strong Value Opportunity, listed at $729,000—positioned well below the $758,139 Fair Market Value by 3%. This valuation gap offers $29,139 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a Gourmet Kitchen with Granite Countertops, premium hardwood flooring, and a remodeled primary suite. With resort-style amenities and a prime Arts District location, this property is an ideal choice for Urban Professionals or Owner-Occupants seeking a sophisticated, move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 629 Traction Avenue 307 Subject | $729,000* List Price | 2 | 2 | 1,210 | $627 | - |
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 530 S Hewitt Street 154 Sold | $635,000 | 1 | 1 | 970 | $655 | 0.4 mi |
D 629 Traction Avenue 412 Active | $858,000 List Price | 2 | 2 | 1,290 | $665 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007 (17 years old), the property falls within the 10-20 year age bracket. It is well-maintained and move-in ready, featuring a remodeled primary bathroom, premium hardwood flooring, and a functional gourmet kitchen with granite countertops and stainless steel appliances.
Situated in the heart of the vibrant Arts District and Little Tokyo, this property offers exceptional walkability to world-class dining, galleries, and entertainment, making it a premier choice for urban living.
The unit features high-end finishes including sound-reducing hardwood flooring, a remodeled primary bathroom designed for maximum space, and a gourmet kitchen with granite countertops and stainless steel appliances.
The inclusion of two assigned parking spaces, plus the rare opportunity to purchase a third separate space, provides significant added value and convenience in a dense downtown environment.
The monthly association fee of $901.70 is relatively high, which may impact overall affordability and the debt-to-income ratio for some prospective buyers.
The assigned local public schools have average ratings (4 and 5), which could be a drawback for families prioritizing top-tier educational performance in their home search.
LUXURY MURA CONDOMINIUM LOCATED IN THE HEART OF DOWNTOWN LOS ANGELES, JUST MINUTES FROM LITTLE TOKYO AND THE VIBRANT ARTS DISTRICT! THIS BEAUTIFULLY UPGRADED HOME FEATURES AN OPEN AND MODERN FLOOR PLAN WITH 2 SPACIOUS BEDROOMS AND 2 BATHROOMS. UPGRADES INCLUDE A CUSTOM ENTRY DOOR, PREMIUM HARDWOOD FLOORING WITH SOUND-REDUCING UNDERLAYMENT, CARPET IN BOTH BEDROOMS, AND AN IN-UNIT WASHER & DRYER. THE GOURMET KITCHEN OFFERS GRANITE COUNTERTOPS, STAINLESS STEEL APPLIANCES, AND DESIGNER CHOICE TILE FLOORING. THE SPACIOUS PRIMARY SUITE FEATURES A REMODELED BATHROOM DESIGNED TO MAXIMIZE SPACE, A SEPARATE TUB & SHOWER AND DOUBLE VANITIES. THE SECOND BATHROOM INCLUDES A CUSTOM VANITY. ENJOY YOUR PRIVATE BALCONY, TWO ASSIGNED PARKING SPACES AND RESORT-STYLE AMENITIES INCLUDING 24-HOUR SECURITY, POOL & SPA, FITNESS CENTER, BBQ AREAS, OUTDOOR RECREATION SPACES, AND A COZY OUTDOOR FIREPLACE. IDEALLY LOCATED NEAR POPULAR RESTAURANTS, CAFÉS, ART GALLERIES, ENTERTAINMENT, PUBLIC TRANSIT, AND MAJOR FREEWAYS, THIS HOME OFFERS THE ONE OF BEST DOWNTOWN LIVING. A RARE SEPARATE THIRD PARKING SPACE IS ALSO AVAILABLE FOR PURCHASE OUTSIDE OF ESCROW, PROVIDING ADDED VALUE FOR GUESTS, FAMILY, OR EXTRA VEHICLE STORAGE. DON'T MISS THIS OPPORTUNITY TO OWN IN ONE OF DOWNTOWN LOS ANGELES' MOST DESIRABLE COMMUNITIES FOR YOUR URBAN LIFE.
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 | 1,210 | 1,243 |
| Lot Size | 91,271 | 24,016 |
| Price | $729.0K | $805.6K |
| Price per sq ft | $602 | $659 |
| Built year | 2007 | 1981 |
| HOA | $901.7 | $684 |
| Days on market | 1 | 71 |
Jul 22, 2026
$729,000
Initial Listing
Mar 31, 2009
$430,000
Public Record
Dec 12, 2008
$402,500
Public Record