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256 S La Fayette Park Place 106, Los Angeles, California 90057, Los Angeles, 90057 - 1 bed, 1 bath

256 S La Fayette Park Place 106, Los Angeles, California 90057 home-pic-0
ACTIVE$339,000
256 S La Fayette Park Place 106, Los Angeles, California 90057
1Bed
1Bath
474Sqft
16,917Lot
Year Built
1971
Close
-
List price
$339K
Original List price
$339K
Price/Sqft
$715
HOA
$239.21
Days on market
-
Sold On
-
MLS number
25527795
Home ConditionGood
Features
Good View: City Lights
Deck
Patio
ViewCity Lights

About this home

We found 4 Cons,5 Pros. Rank: price - $339.0K(40th), sqft - 474(20th), beds - 1(50th), baths - 1(40th).

Charming & Rare 1-Bedroom Condo with Exceptionally Low HOA! Discover this super rare opportunity to own a bright and inviting 1-bedroom condo in the heart of Los Angeles, boasting one of the lowest HOA fees in the city at just $239.21/month! This beautifully maintained unit offers a stylish open-concept layout, featuring rich wood flooring, a light-filled kitchen with sleek stainless steel appliances, and a spacious living area that opens directly onto a private covered balcony perfect for morning coffee or evening relaxation. The bedroom is generously sized, with ample closet space for all your storage needs, while a wall-mounted A/C keeps the space comfortable year-round. You'll love the quiet, private location of this unit, with dedicated parking conveniently located just behind the building and shared laundry close to the unit. Ideally situated in a prime central location just minutes from Downtown LA, Koreatown, Hollywood, and Silver Lake and walking distance to local shops, restaurants, parks, Metro lines, banks, and entertainment. Whether you're a first-time buyer or savvy investor, this condo is a rare gem offering unbeatable value and recession-resistant living. Don't miss your chance to own this special slice of LA!

Nearby schools

/10
Lafayette Park Primary Center
Public,•K•0.1mi
/10
Lake Street Primary School
Public,•K-1•0.5mi
3/10
Charles White Elementary School
Public,•1-5•0.5mi
5/10
Commonwealth Avenue Elementary School
Public,•K-5•0.6mi
5/10
Rosemont Avenue Elementary School
Public,•K-5•0.6mi
7/10
Dr. Sammy Lee Medical And Health Science Magnet Elementary
Public,•K-5•0.7mi
3/10
Macarthur Park Elementary School For The Visual And Performing Arts
Public,•K-5•0.7mi
5/10
Union Avenue Elementary School
Public,•K-5•0.8mi
8/10
Hoover Street Elementary School
Public,•K-5•0.8mi
2/10
Esperanza Elementary School
Public,•K-5•1.0mi
3/10
Gratts Learning Academy For Young Scholars (Glays)
Public,•K-6•1.2mi
3/10
Leo Politi Elementary School
Public,•K-5•1.2mi
3/10
Rfk Community Schools - Ambassador School - Global Education
Public,•K-5•1.2mi
4/10
Betty Plasencia Elementary School
Public,•K-6•1.3mi
2/10
Tenth Street Elementary School
Public,•K-5•1.4mi
6/10
Castelar Street Elementary School
Public,•K-5•2.3mi
5/10
Virgil Middle School
Public,•6-8•0.8mi
3/10
John H. Liechty Middle School
Public,•6-8•1.0mi
3/10
Sal Castro Middle School
Public,•6-8•1.1mi
3/10
Berendo Middle School
Public,•6-8•1.5mi
6/10
Thomas Starr King Middle School
Public,•6-8•1.9mi
3/10
Belmont Senior High School
Public,•9-12•1.1mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,•6-12•1.1mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,•9-12•1.1mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,•9-12•1.1mi
8/10
John Marshall Senior High School
Public,•9-12•2.8mi

Price History

Date
Event
Price
09/19/25
Sold
$325,000
10/17/18
Sold
$309,000
04/29/15
Sold
$193,500
05/11/04
Sold
$128,000
Condition Rating
Good
While the building was constructed in 1971, the unit itself presents as move-in ready with significant modern updates. The kitchen features sleek stainless steel appliances, white cabinets, and contemporary wood-look countertops. The bathroom has also been refreshed with an updated vanity and tile backsplash. Rich wood-look flooring extends throughout the living areas, contributing to a stylish and well-maintained interior. These updates appear to have been done within the last 5-15 years, aligning with the 'Good' criteria for renovation, making it functional and aesthetically pleasing without immediate renovation needs.
Pros & Cons

Pros

Exceptionally Low HOA Fees: Boasting one of the lowest HOA fees in Los Angeles at just $239.21/month, this significantly reduces monthly ownership costs.
Prime Central Location: Ideally situated minutes from Downtown LA, Koreatown, Hollywood, and Silver Lake, with walking distance to shops, restaurants, parks, and Metro lines, offering excellent accessibility and lifestyle.
Dedicated Parking: The unit includes dedicated parking conveniently located behind the building, a highly valuable amenity in a dense urban area like Los Angeles.
Updated Interior Features: The unit features a stylish open-concept layout with rich wood flooring, a light-filled kitchen with sleek stainless steel appliances, and a wall-mounted A/C for comfort.
Private Outdoor Space & View: A private covered balcony offers a personal outdoor retreat, complemented by desirable city lights views.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-09-19. The sold price is $325,000.00.
Compact Living Space: At 474 sqft, the unit offers a very compact living space, which may limit its appeal to buyers seeking more room or those with families.
Shared Laundry Facilities: The property utilizes shared laundry facilities, which may be less convenient than in-unit laundry for some prospective buyers.
Building Age: Built in 1971, the building is over 50 years old, which could potentially lead to higher maintenance costs or less modern common area infrastructure compared to newer constructions.

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