629 Traction Avenue 233, Los Angeles, California 90013, Los Angeles, 90013 - 2 bed, 2 bath
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Los Angeles, California 90013
This Modern Arts District Loft is a Prime Investment Opportunity listed at $799,000—positioned well below the $823,109 Fair Market Value by 2%. This valuation gap offers $24,109 in Instant Equity. Boasting a Good Condition Rating, the unit features Granite Countertops, Stainless Steel Appliances, and a Spacious Loft ideal for a home office. Located near Utah Street Elementary and the Metro, it is a perfect match for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 629 Traction Avenue 233 Subject | $799,000* List Price | 2 | 2 | 1,240 | $664 | - |
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, the property falls within the 10-20 year age range for a 'good' rating. It is move-in ready with well-maintained systems, stainless steel appliances, granite countertops, and updated cabinetry. While stylish and contemporary, it does not meet the 'excellent' criteria as it is not a new build nor has it undergone a documented full-scale renovation within the last 5 years.
Situated in the heart of the trendy Arts District, this property offers exceptional walkability to Los Angeles' most sought-after restaurants, cafes, and the Metro Gold Line.
The spacious loft and high ceilings provide a flexible living space ideal for a creative studio or home office, complemented by industrial-chic finishes and abundant natural light.
Residents benefit from a full-service lifestyle including 24/7 security, a fitness center, pool, spa, and the rare convenience of two assigned parking spots in a dense urban area.
The association fee of $890 per month is substantial and may impact the overall affordability and debt-to-income ratio for prospective buyers.
Despite the oversized windows and balcony, the unit is listed as having no specific view, which may be a drawback for those seeking the iconic DTLA skyline.
MURA by Pulte Homes is a JD Power award winning condo in the heart of DTLA Arts District. This stylish 2 Bed/2 Bath condo with a spacious loft features home blends industrial charm with contemporary finishes, high ceilings, oversized windows, and an open-concept layout that fills the space with natural light. The kitchen is equipped with stainless steel appliances, updated cabinets, and granite countertops with plenty of space, ideal for both everyday living and entertaining. The bedrooms on each level includes walk-in closets and plenty of bright sunlight throughout the day. The master bedroom upstairs includes an en-suite bathroom with dual vanity and shower. Upstairs, the spacious loft adds an extra dimension perfect as a creative studio, media room, office or additional living room. You'll also enjoy in-unit laundry with custom cabinets installed upstairs, central multi-level 2 A/C and heating, and secure building access. Unit has a walk-out balcony as well. Amenities include 24/7 security guard, on-site management, fitness center, pool, spa, outdoor lounge with fireplace and BBQ. Step outside the building and enjoy one of LA's most trendiest neighborhoods. PRIME Arts District location just steps from the trendiest restaurants, bars, cafes, and shops in the city. Comes with two assigned parking spots. Only two blocks to the Metro Gold line and Little Tokyo. Only two blocks to the Metro Gold line and Little Tokyo. Fantastic unit you will love to live in!
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 | 73% |
| Baths | 2.0 | 1.0 | 64% |
| Square foot | 1,240 | 1,190 | 50% |
| Lot Size | 91,271 | 36,668 | 86% |
| Price | $799.0K | $656.2K | 59% |
| Price per sq ft | $644 | $609 | 73% |
| Built year | 2007 | 1923 | 64% |
| HOA | $890.0 | $685 | 91% |
| Days on market | 61 | 223 | 5% |
Mar 2, 2026
$799,000
Initial Listing
Jan 8, 2018
$775,000
Public Record
Jun 26, 2015
$620,000
Public Record
Dec 8, 2008
$432,000
Public Record