
Los Angeles, California 90013
This Sophisticated Urban Condominium is listed at $785,000, offering exceptional value at its $785,000 Fair Market Value. Boasting a Good Condition Rating, the unit is move-in ready with newly painted interiors and brand-new carpeting. The unique split-level 2-bed/2-bath layout features a spacious loft and high ceilings, complemented by resort-style amenities including a pool and 24-hour security. Located in the vibrant Arts District near Utah Street Elementary, this property offers a premium lifestyle with rare tandem parking. It is an ideal match for Owner-Occupants or first-time buyers seeking a polished city residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 629 Traction Avenue 225 Subject | $739,000* List Price | 2 | 2 | 1,240 | $596 | - |
A 530 S Hewitt Street 541 Sold | $816,000 | 1 | 1 | 1,300 | $628 | 0.4 mi |
B 629 Traction Avenue 241 Sold | $750,000 | 2 | 2 | 1,240 | $605 | - |
C 629 Traction Avenue 609 Sold | $900,000 | 2 | 2 | 1,430 | $629 | - |
D 629 Traction Avenue 102 Sold | $820,000 | 2 | 2 | 1,280 | $641 | - |
E 629 Traction Avenue 508 Sold | $820,000 | 2 | 2 | 1,210 | $678 | - |
F 530 S Hewitt Street 539 Sold | $939,000 | 1 | 1 | 1,530 | $614 | 0.4 mi |
G 530 S Hewitt Street 455 Active | $865,000 List Price | 1 | 2 | 1,140 | $759 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, this property fits the 10-20 year age criteria for a 'good' rating. The unit is move-in ready, featuring brand new carpeting and fresh paint throughout. The kitchen and bathrooms, while original to the 2007 build, are well-maintained with granite countertops, stainless steel appliances, and modern cabinetry. The inclusion of upgraded smart thermostats and dual-zone HVAC systems further supports a well-maintained status with no immediate renovations required.
Situated at the intersection of Little Tokyo and the Arts District, the property offers exceptional walkability to top-tier dining, cafes, and the Metro Gold Line.
The 2-bedroom floor plan features a distinct split-level design with a spacious loft and walk-in closets, providing excellent privacy and a sense of volume.
Residents benefit from premium facilities including a 24-hour attended lobby, commercial-grade fitness center, swimming pool, and a lush courtyard with BBQ areas.
The association fee of $833 per month is relatively high, which may impact the overall affordability and debt-to-income ratio for some buyers.
While the unit provides two parking spaces, the tandem arrangement can be less convenient for households with two daily commuters.
The local public schools are rated 4 and 5 out of 10, which may be a consideration for families prioritizing high-performing educational districts.
HUGE PRICE REDUCTION FOR QUICK SALE!!!!!! Beautiful 2 Bed/2 Bath split level unit featuring a bedroom, full bath, kitchen, living room and balcony on the first floor and primary bedroom with en suite bathroom and spacious loft on 2nd floor. Both bedrooms include walk-in closets. This unit faces south toward the inner courtyard making it one of the quieter units in the building. Newly painted and brand new carpet throughout. Unit features separate central AC/Heating for each floor with upgraded smart thermostat controls, stacked washer/dryer closet, & high ceilings and windows providing plenty of natural light. Amenities include swimming pool, lush courtyard w/ fireplace area and built-in barbeque grills, commercial-grade fitness center, and 24-hour attended front desk security with video surveillance of common areas. Unit comes with 2 assigned parking spaces(tandem) and a large storage space. Conveniently located on the edge of Little Tokyo and Arts District and walking distance to shops, markets, restaurants, cafes, as well as nearby access to freeways and the Metro.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 69% |
| Baths | 2.0 | 1.0 | 58% |
| Square foot | 1,240 | 1,175 | 54% |
| Lot Size | 91,271 | 36,668 | 85% |
| Price | $739.0K | $656.2K | 54% |
| Price per sq ft | $596 | $596 | 50% |
| Built year | 2007 | 1923 | 65% |
| HOA | $833.0 | $761 | 62% |
| Days on market | 97 | 234 | 4% |
Apr 10, 2026
$739,000
$785,000
-6% Price Drop
Initial Listing
Mar 10, 2026
$785,000
$799,000
-2% Price Drop
Initial Listing
Feb 4, 2026
$799,000
$810,000
-1% Price Drop
Initial Listing
Jan 15, 2026
$810,000
Initial Listing
Sep 11, 2014
$620,000
Public Record
Jan 2, 2008
$570,000
Public Record