629 Traction, Los Angeles, California 90013, Los Angeles, 90013 - 2 bed, 2 bath
Loading property details...
629 Traction
Los Angeles, California 90013
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,290Sq Ft
91,271Lot Size
Property Price
LIST PRICE$799,000
EST. MARKET VALUE
$817,546
SUMMARY
This Prime Investment Opportunity is listed at a List Price of $799,000—positioned well below the $817,546 Fair Market Value by 2%. This valuation gap provides $18,546 in Instant Equity. Featuring a Good Condition Rating, this 2007-built unit offers a Granite Kitchen, high ceilings, and resort-style amenities including a pool and spa. Located in the vibrant Arts District, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking sophisticated urban living with immediate value.
Estimated Market Value
$817,546
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 629 Traction Subject | $799,000* List Price | 2 | 2 | 1,290 | $634 | - |
A 629 Traction Avenue 630 Sold | $860,000 | 2 | 2 | 1,330 | $647 | - |
B 530 S Hewitt Street 154 Sold | $635,000 | 1 | 1 | 970 | $655 | 0.4 mi |
C 530 S Hewitt Street 224 Pending | $689,000 List Price | 1 | 1 | 1,100 | $626 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2007, this 19-year-old property is well-maintained and move-in ready. It features functional modern systems including central HVAC, granite countertops, and stainless steel appliances, fitting the 10-20 year criteria for good condition.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Urban Location
Ideally situated at the intersection of the Arts District and Little Tokyo, providing residents with immediate access to Los Angeles' premier dining, cultural landmarks, and major transit hubs like Union Station.
- Comprehensive Resort Amenities
The MURA community offers an extensive amenity package including 24-hour security, a state-of-the-art fitness center, and a resort-style pool and spa with impressive views of the Downtown skyline.
- Modern Multi-Level Layout
This 1,290 sqft unit features a desirable two-story floor plan with high ceilings, upscale granite finishes, and modern upgrades such as electronic blinds and porcelain tile flooring.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1290, other record living area = 980. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
- High Monthly Carrying Costs
The association fee is $901 per month, which represents a significant recurring expense that may impact buyer affordability and debt-to-income ratios.
- Average School Ratings
The property is served by local schools with modest ratings (4 and 5 out of 10), which may be a concern for families prioritizing high-performing educational districts.
About 629 Traction
Welcome to the luxury condominium community, MURA ideally situated between the vibrant Arts District and Historic Little Tokyo in Downtown Los Angeles. 1 bedroom and bath downstairs, 1 bedroom suite upstairs, high ceilings, this sought-after residential community offers the perfect blend of urban convenience, modern amenities, and resort-style living, placing residents just moments from some of the city's best dining, shopping, entertainment, and cultural attractions. Residents enjoy beautifully landscaped courtyards with serene fountains, a resort-style swimming pool and spa with Downtown views, an outdoor fireplace, built-in barbecue areas, a private recreation courtyard, a state-of-the-art fitness center, and secured resident parking. There's 24-hour security, excellent reception, Located in the heart of Downtown Los Angeles, the community offers convenient access to renowned destinations including the Walt Disney Concert Hall, Ahmanson Theatre, Dorothy Chandler Pavilion, Mark Taper Forum, Crypto.com Arena, Grand Central Market, Olvera Street, Little Tokyo, and the Arts District. Nearby recreation and wellness options include Pershing Square, trendy restaurants and shopping, and numerous parks, galleries, and entertainment venues. Commuting is effortless with close proximity to Metro Rail, DASH, Metrolink, Amtrak, Union Station, and major freeways, providing convenient access throughout Southern California. Featuring upscale finishes: granite kitchens counters, European-style cabinetry, stainless steel built in appliances, electronic blinds for windows, porcelain tile flooring, central heating and air conditioning, stackable washer and dryer laundry closet, and views. Offering an exceptional combination of location, amenities, and lifestyle, this Downtown Los Angeles community presents an outstanding opportunity to enjoy sophisticated urban living in one of the city's most desirable neighborhoods.
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
- $901.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Utah Street Elementary School
Grades K-8 • 0.7 mi
4/10
STEM Academy of Boyle Heights HS
Grades 9-12 • 1.7 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,290 | 1,219.385 |
| Lot Size | 91,271 | 27,236.074 |
| Price | $799.0K | $800.2K |
| Price per sq ft | $619 | $650 |
| Built year | 2007 | 1979 |
| HOA | $901.0 | $685 |
| Days on market | 11 | 72 |
Pricing History
Listed for Sale
Aug 29, 2026
$799,000
Initial Listing
Sold
Dec 23, 2015
$715,000
Public Record
Sold
Jun 19, 2008
$635,000
Public Record