629 Traction Avenue 314, Los Angeles, California 90013, Los Angeles, 90013 - 1 bed, 1 bath

629 Traction Avenue 314, Los Angeles, California 90013 home-pic-0
ACTIVE$705,000$980/sqft
629 Traction Avenue 314, Los Angeles, California 90013
1Bed
1Bath
980Sqft
91,271Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location & Desirable Building: Located in the highly sought-after Arts District, near historic Little Tokyo, within Mura – one of Downtown LA's most desirable residential buildings.
Top Cons:
High Monthly Association Fees: The association fee of $787.00 per month is substantial and adds significantly to the overall cost of ownership.

Compared to the nearby listings

Price:$705.0K vs avg $610.0K (+$95,000)62%
Size:980 sqft vs avg 1,031 sqft48%
Price/sqft:$719 vs avg $55190%

More Insights

Built in 2007 (19 years old).
Condition: Built in 2007, this unit is 17 years old and presents as move-in ready with no immediate renovations required. The kitchen features stainless steel appliances, wood cabinetry, and granite countertops, all in good, well-maintained condition, though the style reflects its build era rather than a recent high-end renovation. The bathroom also features dual vanities, a separate shower and tub, and matching finishes, appearing clean and functional. Hardwood/LVP flooring in the living areas and clean carpet in the bedroom contribute to a well-kept interior. All major systems appear functional with minimal wear and tear, aligning perfectly with the 'Good' condition criteria.
Year Built
2007
Close
-
List price
$705K
Original List price
$705K
Price/Sqft
$719
HOA
$787
Days on market
-
Sold On
-
MLS number
26638669
Home ConditionGood
Features
Good View: Pool
Pool
Spa
Patio
ViewPool

About this home

Largest one-bedroom in the best location in the building, this spacious and bright unit comes with hardwood flooring, a balcony overlooking the pool and plenty of built-in storage space. The unit also has a gourmet kitchen with a large breakfast bar open to the dining and living areas, private bedroom with a large walk-in closet, separate shower and tub and dual vanities in bathroom, and in-unit washer/dryer. Located in the Arts District near historic Little Tokyo, Mura is one of the most desirable places to live in Downtown LA. The building features a swimming pool and hot tub facing the downtown skyline, a courtyard with fireplace and built-in BBQ grills, commercial-grade fitness center, 24-hour security and plenty of guest parking.

H
Howard Chiao
Listing Agent

Nearby schools

4/10
Utah Street Elementary School
Public,K-80.7mi
5/10
STEM Academy of Boyle Heights HS
Public,9-121.7mi

Price History

Date
Event
Price
05/04/17
Sold
$637,000
04/07/08
Sold
$454,000
Condition Rating
Good

Built in 2007, this unit is 17 years old and presents as move-in ready with no immediate renovations required. The kitchen features stainless steel appliances, wood cabinetry, and granite countertops, all in good, well-maintained condition, though the style reflects its build era rather than a recent high-end renovation. The bathroom also features dual vanities, a separate shower and tub, and matching finishes, appearing clean and functional. Hardwood/LVP flooring in the living areas and clean carpet in the bedroom contribute to a well-kept interior. All major systems appear functional with minimal wear and tear, aligning perfectly with the 'Good' condition criteria.
Pros & Cons

Pros

Prime Location & Desirable Building: Located in the highly sought-after Arts District, near historic Little Tokyo, within Mura – one of Downtown LA's most desirable residential buildings.
Spacious & Well-Appointed Unit: This is the largest one-bedroom unit in the building, offering a spacious and bright interior with hardwood flooring, ample built-in storage, and an in-unit washer/dryer.
Premium Interior Features: Features include a gourmet kitchen with a large breakfast bar, an open-concept living area, a private bedroom with a walk-in closet, and a luxurious bathroom with a separate shower, tub, and dual vanities.
Exceptional Building Amenities: Residents enjoy a swimming pool and hot tub with downtown skyline views, a courtyard with a fireplace and BBQ grills, a commercial-grade fitness center, 24-hour security, and plenty of guest parking.
Private Outdoor Space & View: The unit boasts a private balcony that overlooks the building's pool, providing a pleasant outdoor retreat.

Cons

High Monthly Association Fees: The association fee of $787.00 per month is substantial and adds significantly to the overall cost of ownership.
Limited Bedroom Count: As a one-bedroom unit, it caters to a smaller demographic (singles or couples) and may not suit buyers needing additional space or bedrooms.
Potential for Pool Area Noise/Privacy: While the balcony overlooks the pool, this proximity could lead to noise from common areas and potentially reduced privacy compared to units with other views.
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