629 Traction Avenue 314, Los Angeles, California 90013, Los Angeles, 90013 - 1 bed, 1 bath
629 Traction Avenue 314
Los Angeles, California 90013
Property Price
SUMMARY
Analysis of 629 Traction Avenue 314, Los Angeles, California 90013 is currently available with a list price of $699,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property was built in 2007, placing it within the 10-20 year age bracket for a 'good' rating. It is move-in ready with well-maintained features including hardwood flooring, a gourmet kitchen with stainless steel appliances, and a spacious bathroom with dual vanities and a separate tub/shower. While the finishes reflect the original construction period, the unit shows minimal wear and tear and requires no immediate renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Arts District Location
Situated in the highly sought-after Arts District near Little Tokyo, the property offers immediate access to some of Downtown LA's best dining, culture, and nightlife.
- Exceptional Square Footage
At 980 square feet, this is one of the largest one-bedroom floor plans available in the building, providing a spaciousness rarely found in urban condo living.
- Comprehensive Building Amenities
The Mura building features resort-style amenities including a skyline-view pool, 24-hour security, a fitness center, and the rare convenience of guest parking.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Dues
The association fee of $787 per month is a significant recurring expense that may impact the debt-to-income ratio for potential buyers.
- Average School Ratings
The local public schools are rated 4 and 5 out of 10, which may be a drawback for buyers prioritizing high-performing educational districts.
- Recent Price Adjustment
A recent price reduction from the original list price suggests the property may have faced initial market resistance or is adjusting to current demand levels.
About 629 Traction Avenue 314
One of the largest one-bedrooms 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.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2007
- Lot Size
- 91,271 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $787.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Utah Street Elementary School
Grades K-8 • 0.7 mi
STEM Academy of Boyle Heights HS
Grades 9-12 • 1.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 980 | 1,080 | 43% |
| Lot Size | 91,271 | 37,045 | 83% |
| Price | $699.0K | $650.0K | 57% |
| Price per sq ft | $713 | $605 | 83% |
| Built year | 2007 | 1923 | 57% |
| HOA | $787.0 | $784 | 52% |
| Days on market | 50 | 211 | 4% |
Pricing History
Listed for Sale
Feb 18, 2026
$699,000
$705,000
-1% Price Drop
Initial Listing
Price Change
Jan 15, 2026
$705,000
Initial Listing
Sold
May 4, 2017
$637,000
Public Record
Sold
Apr 7, 2008
$454,000
Public Record