629 Traction Avenue 511, Los Angeles, California 90013, Los Angeles, 90013 - 2 bed, 2 bath
629 Traction Avenue 511
Los Angeles, California 90013
Property Price
SUMMARY
Analysis of 629 Traction Avenue 511, Los Angeles, California 90013 is currently available with a list price of $819,000. 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.
Built in 2007, this property falls within the 10-20 year age range for a 'good' condition rating. The unit is move-in ready and well-maintained, featuring a modern kitchen with stainless steel appliances, granite countertops, and dark wood cabinetry. The bathrooms are clean with contemporary fixtures, and the living areas feature high-quality flooring and high ceilings. While the finishes appear to be original to the construction year, they show minimal wear and tear and meet current functional standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Arts District Location
Situated in the heart of the highly sought-after Arts District, this property offers exceptional walkability to premier dining, cafes, Little Tokyo, and the Metro Gold Line.
- Functional Split Floor Plan
The rare single-level layout features bedrooms located on opposite sides of the unit, providing enhanced privacy and a spacious, open-concept living area ideal for entertaining.
- Comprehensive Building Amenities
Residents enjoy a full suite of luxury amenities including a 24-hour attended front desk, fitness center, swimming pool, and the rare inclusion of two reserved parking spaces.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association fee of $900 per month is relatively high and represents a significant recurring carrying cost for the homeowner.
- Modest School Ratings
The assigned local public schools have ratings of 4 and 5, which may be a drawback for families prioritizing high-performing educational districts.
About 629 Traction Avenue 511
Award winning MURA condo located in the heart of Arts District DTLA! Welcome to this beautifully designed 2-bedroom, 2-bathroom rare, single-level unit. Offering 1,210 square feet of thoughtfully laid-out living space, this home combines urban energy with peaceful comfort. The spacious floor plan features an expansive living and dining area perfect for entertaining or relaxing at home. The large kitchen includes a big breakfast bar/connected island. Generously sized bedrooms provide comfort and privacy--located separately in the unit, each with ample closet space. High ceilings as well as a quiet step out balcony. Amenities include swimming pool, views of downtown skyline, lush courtyard w/ fireplace area, built-in BBQs, fitness center and 24-hour attended front desk. 2 reserved parking spaces are included. Very quiet and private unit! Located in PRIME Arts District location! Just a short walk to the best restaurants, cafes, shops, Little Tokyo and Metro Gold Line.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2007
- Lot Size
- 91,271 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $900.0 / 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 | 2.0 | 1.0 | 70% |
| Baths | 2.0 | 1.0 | 61% |
| Square foot | 1,210 | 1,140 | 52% |
| Lot Size | 91,271 | 37,045 | 83% |
| Price | $819.0K | $650.0K | 74% |
| Price per sq ft | $677 | $605 | 74% |
| Built year | 2007 | 1923 | 57% |
| HOA | $900.0 | $784 | 83% |
| Days on market | 10 | 211 | 4% |
Pricing History
Listed for Sale
Feb 24, 2026
$819,000
Initial Listing
Sold
Aug 26, 2014
$630,000
Public Record
Sold
Dec 3, 2008
$427,000
Public Record