629 Traction Avenue 511, Los Angeles, California 90013, Los Angeles, 90013 - 2 bed, 2 bath
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Los Angeles, California 90013
This Turnkey Arts District Condominium is a Strong Value Opportunity, listed at $799,000—positioned slightly above the $786,166 Fair Market Value. While the price reflects current market stability, the unit offers a Good Condition Rating with modern finishes, including a Granite Kitchen and Brand New Recessed Lighting. Residents enjoy a premium lifestyle with a Swimming Pool, Fitness Center, and 24-Hour Attended Front Desk. This rare, split-bedroom floor plan provides exceptional privacy, making it an ideal sanctuary for Urban Professionals or Owner-Occupants seeking a move-in ready home in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 629 Traction Avenue 511 Subject | $799,000* List Price | 2 | 2 | 1,210 | $650 | - |
A 629 Traction Avenue 241 Sold | $750,000 | 2 | 2 | 1,240 | $605 | 0.0 mi |
B 629 Traction Avenue 609 Sold | $900,000 | 2 | 2 | 1,430 | $629 | 0.0 mi |
C 825 E 4th Street 310 Sold | $815,000 | 2 | 2 | 1,564 | $521 | 0.2 mi |
D 530 S Hewitt Street 154 Sold | $635,000 | 1 | 1 | 970 | $655 | 0.4 mi |
E 530 S Hewitt Street 539 Sold | $939,000 | 1 | 1 | 1,530 | $614 | 0.4 mi |
F 527 Molino Street 217 Sold | $650,000 | 1 | 1 | 910 | $714 | 0.4 mi |
G 629 Traction Avenue 225 Active | $739,000 List Price | 2 | 2 | 1,240 | $596 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, the property falls within the 10-20 year age bracket. It is well-maintained and move-in ready with functional, contemporary kitchen finishes including stainless steel appliances and granite countertops. The addition of brand-new recessed lighting and the overall clean condition of the systems and surfaces align with the 'Good' criteria.
Situated in the heart of the highly sought-after Arts District, the property offers exceptional walkability to top-tier dining, Little Tokyo, and the Metro Gold Line.
This rare single-level unit features a thoughtful layout with bedrooms located on opposite sides, providing maximum privacy and 1,210 square feet of functional living space.
Residents benefit from premium amenities including 24-hour attended security, a fitness center, a swimming pool, and two reserved parking spaces, which are a significant value-add in DTLA.
The monthly association fee of $900 is relatively high, which may impact the overall affordability and monthly carrying costs for some buyers.
While the unit is quiet and private, it overlooks the courtyard rather than the iconic downtown skyline, which may be a drawback for buyers seeking expansive city views.
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. Brand new recessed lighting installed. 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.
No exterior & parking available.
Grades K-8 • 0.7 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 71% |
| Baths | 2.0 | 1.0 | 59% |
| Square foot | 1,210 | 1,210 | 50% |
| Lot Size | 91,271 | 30,796 | 88% |
| Price | $799.0K | $750.0K | 59% |
| Price per sq ft | $660 | $605 | 71% |
| Built year | 2007 | 1923 | 71% |
| HOA | $900.0 | $588 | 88% |
| Days on market | 12 | 212 | 6% |
Jun 2, 2026
$799,000
Initial Listing
Aug 26, 2014
$630,000
Public Record
Dec 3, 2008
$427,000
Public Record