629 Traction Avenue 312, Los Angeles, California 90013, Los Angeles, 90013 - 1 bed, 1 bath
ACTIVE$599,000
629 Traction Avenue 312, Los Angeles, California 90013
1Bed
1Bath
710Sqft
91,271Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime DTLA Location: Situated at the vibrant intersection of Little Tokyo and the Arts District, offering unparalleled access to diverse dining, entertainment, cultural venues, and major transit routes.
Top Cons:
High Monthly Association Dues: The significant monthly association fee of $732.74 adds a considerable recurring expense to homeownership.
Compared to the nearby listings
Price:$599.0K vs avg $604.5K ($-5,500)50%
Size:710 sqft vs avg 969 sqft27%
Price/sqft:$844 vs avg $56086%
More Insights
Built in 2007 (18 years old).
Condition: Built in 2007, this property is 17 years old, fitting within the 'Good' category's age range. The unit is move-in ready with no immediate renovation required. The kitchen features modern stainless steel appliances, light quartz countertops, and well-maintained wood shaker cabinets. Flooring is a mix of contemporary LVP/engineered wood and clean carpet in the bedroom. Light fixtures are modern, including ceiling fans. The bathroom, described with dual sinks, is expected to be in similar good condition, consistent with the rest of the unit. All systems appear well-maintained with minimal wear and tear.
Year Built
2007
Close
-
List price
$599K
Original List price
$599K
Price/Sqft
$844
HOA
$732.74
Days on market
-
Sold On
-
MLS number
WS25268692
Home ConditionGood
Features
Good View: City Lights, Neighborhood
Deck
Pool
Spa
ViewCity Lights,Neighborhood
About this home
Welcome to Unit 312 at Mura, a sought-after condominium community located on the edge of Little Tokyo and the Arts District. This well-designed 1-bedroom home features an efficient open layout, a spacious walk-in closet, a generously sized bathroom with dual sinks, and a private balcony—perfect for fresh air or a cozy outdoor seating area. The kitchen and living spaces offer comfortable, functional areas ideal for everyday living. Enjoy unbeatable urban convenience with shops, cafés, restaurants, galleries, and transit options just moments away, along with quick access to major freeways. Mura’s resort-style amenities include a sparkling pool and spa, fitness center, lush courtyard with BBQ areas, controlled access, and on-site management. A fantastic opportunity for buyers seeking comfort, style, and prime DTLA living.
Nearby schools
4/10
Utah Street Elementary School
Public,•K-8•0.7mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•1.7mi
Price History
Date
Event
Price
05/15/18
Sold
$577,000
01/12/16
Sold
$510,000
04/14/08
Sold
$362,000
Condition Rating
Good
Built in 2007, this property is 17 years old, fitting within the 'Good' category's age range. The unit is move-in ready with no immediate renovation required. The kitchen features modern stainless steel appliances, light quartz countertops, and well-maintained wood shaker cabinets. Flooring is a mix of contemporary LVP/engineered wood and clean carpet in the bedroom. Light fixtures are modern, including ceiling fans. The bathroom, described with dual sinks, is expected to be in similar good condition, consistent with the rest of the unit. All systems appear well-maintained with minimal wear and tear.
Pros & Cons
Pros
Prime DTLA Location: Situated at the vibrant intersection of Little Tokyo and the Arts District, offering unparalleled access to diverse dining, entertainment, cultural venues, and major transit routes.
Extensive Community Amenities: The Mura community provides resort-style living with a sparkling pool, spa, fitness center, BBQ areas, controlled access, and on-site management, enhancing resident lifestyle.
Efficient & Well-Appointed Interior: The unit features an efficient open layout, a spacious walk-in closet, a generously sized bathroom with dual sinks, and a private balcony, maximizing comfort and functionality.
Modern Construction: Built in 2007, the property benefits from contemporary construction standards and design, likely requiring less immediate maintenance compared to older buildings.
Demonstrated Value Appreciation: Historical sales data indicates a strong trend of property value appreciation, suggesting a sound investment opportunity.
Cons
High Monthly Association Dues: The significant monthly association fee of $732.74 adds a considerable recurring expense to homeownership.
Compact Living Area: At 710 sqft and a 1-bedroom configuration, the unit offers limited living space, potentially restricting appeal to buyers desiring more room or accommodating multiple occupants.
Urban Environment Drawbacks: While offering convenience, the downtown location may entail higher noise levels and increased traffic congestion, which could be a consideration for some buyers.