629 Traction Avenue 403, Los Angeles, California 90013, Los Angeles, 90013 - 2 bed, 2 bath

629 Traction Avenue 403, Los Angeles, California 90013 home-pic-0
ACTIVE$898,000$1,290/sqft
629 Traction Avenue 403, Los Angeles, California 90013
2Beds
2Baths
1,290Sqft
91,271Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Premier Location & Lifestyle: Situated in the vibrant Art's District of DTLA, offering immediate access to a plethora of acclaimed dining and entertainment options, fostering a highly desirable urban lifestyle.
Top Cons:
High Monthly Association Fee: The association fee of $841.61 is substantial and adds significantly to the overall monthly cost of ownership, which may impact affordability for some buyers.

Compared to the nearby listings

Price:$898.0K vs avg $610.0K (+$288,000)86%
Size:1,290 sqft vs avg 1,080 sqft62%
Price/sqft:$696 vs avg $55190%

More Insights

Built in 2007 (19 years old).
Condition: Built in 2007, this unit is 17 years old and falls squarely within the 'good' condition criteria. The property is move-in ready with no immediate renovations required. The kitchen features modern stainless steel appliances, white cabinetry, and granite countertops, all in good, well-maintained condition. Bathrooms also present well with granite counters and clean fixtures. Hardwood floors in living areas and clean carpets in bedrooms show minimal wear. All major systems appear functional and well-maintained, consistent with a property of its age that has been cared for.
Year Built
2007
Close
-
List price
$898K
Original List price
$898K
Price/Sqft
$696
HOA
$841.61
Days on market
-
Sold On
-
MLS number
26633275
Home ConditionGood
Features
Good View: City Lights
Deck
Pool
ViewCity Lights

About this home

Welcome to Mura, a sophisticated community in the hear of the Art's District in DTLA. This airy unit offers two bedrooms and two bathrooms, plus a bonus loft space ideal for a den or work from home office. Enter to an open kitchen and living room with hardwood floors, flanked by two story walls of glass offering incredible city views. Amenities include in unit laundry, two tandem controlled entry garage parking spots, gas range/cooktop, stainless dishwasher, and a reverse osmosis water filtration system. Mura is a JD Power award winning building, offering 24 hour security, controlled garage access, community pool, bbq's and a comprehensive fitness center. Dinner options are endless, Pasta e Pasta, Bavel, Girl & The Goat, or a burger and a beer at Father's Office. See this before it is gone.

J
Jake Hurwitz
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
05/29/18
Sold
$778,000
10/07/08
Sold
$534,000
Condition Rating
Good

Built in 2007, this unit is 17 years old and falls squarely within the 'good' condition criteria. The property is move-in ready with no immediate renovations required. The kitchen features modern stainless steel appliances, white cabinetry, and granite countertops, all in good, well-maintained condition. Bathrooms also present well with granite counters and clean fixtures. Hardwood floors in living areas and clean carpets in bedrooms show minimal wear. All major systems appear functional and well-maintained, consistent with a property of its age that has been cared for.
Pros & Cons

Pros

Premier Location & Lifestyle: Situated in the vibrant Art's District of DTLA, offering immediate access to a plethora of acclaimed dining and entertainment options, fostering a highly desirable urban lifestyle.
Exceptional Building Amenities: Mura is a JD Power award-winning building providing 24-hour security, controlled garage access, a community pool, BBQ areas, and a comprehensive fitness center, enhancing resident convenience and quality of life.
Modern Unit Design & Features: The unit boasts an airy layout with two bedrooms, two bathrooms, a versatile bonus loft ideal for a den or home office, hardwood floors, in-unit laundry, and a reverse osmosis water filtration system.
Stunning City Views: Features impressive two-story walls of glass that offer incredible city views, providing an aesthetically pleasing and dynamic living environment.
Valuable Dedicated Parking: Includes two tandem controlled-entry garage parking spots, a significant and highly sought-after amenity in a dense urban area like Downtown Los Angeles.

Cons

High Monthly Association Fee: The association fee of $841.61 is substantial and adds significantly to the overall monthly cost of ownership, which may impact affordability for some buyers.
Tandem Parking Inconvenience: While two parking spots are provided, the tandem configuration can be inconvenient for daily use, potentially requiring cars to be moved to access the other.
Absence of Explicit Cooling System: The property description highlights 'airy unit' and 'two-story walls of glass' but does not explicitly mention a cooling system, which could be a concern during hot Los Angeles summers.
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