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421 S La Fayette Park 701, Los Angeles, California 90057, Los Angeles, 90057 - 1 bed, 1 bath

421 S La Fayette Park 701, Los Angeles, California 90057 home-pic-0
ACTIVE$380,000
421 S La Fayette Park 701, Los Angeles, California 90057
1Bed
1Bath
715Sqft
43,264Lot
Year Built
1971
Close
-
List price
$380K
Original List price
$380K
Price/Sqft
$531
HOA
$501
Days on market
-
Sold On
-
MLS number
LG25240381
Home ConditionGood
Features
Good View: City Lights, Mountain(s), Neighborhood, Trees/Woods
Deck
Pool
Spa
ViewCity Lights,Mountain(s),Neighborhood,Trees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $380.0K(40th), sqft - 715(30th), beds - 1(50th), baths - 1(40th).

Views, views, views! Perfect for an investors, first-time buyer, or a second home, this remodeled top-floor 1BD/1BA condo at La Fayette Park Towers offers privacy with no neighbors above, and a bright open layout. The modern kitchen features granite countertops, stainless steel appliances, and self-closing cabinets, flowing into a spacious living area with a fireplace and balcony overlooking the lush courtyard and amazing city view. Enjoy resort-style amenities, including a rooftop pool and spa with city views, recreational area, gym, and sauna. One car space is included in the common garage. The secure building offers gated parking, one assigned space, on-site management, maintenance staff, and 24-hour security. HOA covers water, gas, and trash. Walk to nearby schools: Lafayette Park Primary Center, Larchmont Charter, and Pilgrim School, or assigned public schools are located within a five-mile radius. The building sits on a quiet, tree-lined street with a friendly community. This prime central location is just minutes from Downtown LA, USC, and Koreatown, offering easy access to everything the city has to offer.

Nearby schools

/10
Lafayette Park Primary Center
Public,•K•0.1mi
3/10
Charles White Elementary School
Public,•1-5•0.4mi
3/10
Macarthur Park Elementary School For The Visual And Performing Arts
Public,•K-5•0.6mi
8/10
Hoover Street Elementary School
Public,•K-5•0.6mi
/10
Lake Street Primary School
Public,•K-1•0.7mi
7/10
Dr. Sammy Lee Medical And Health Science Magnet Elementary
Public,•K-5•0.7mi
5/10
Commonwealth Avenue Elementary School
Public,•K-5•0.7mi
5/10
Rosemont Avenue Elementary School
Public,•K-5•0.9mi
5/10
Union Avenue Elementary School
Public,•K-5•0.9mi
2/10
Esperanza Elementary School
Public,•K-5•0.9mi
3/10
Rfk Community Schools - Ambassador School - Global Education
Public,•K-5•1.0mi
3/10
Leo Politi Elementary School
Public,•K-5•1.0mi
3/10
Gratts Learning Academy For Young Scholars (Glays)
Public,•K-6•1.3mi
2/10
Tenth Street Elementary School
Public,•K-5•1.3mi
4/10
Betty Plasencia Elementary School
Public,•K-6•1.5mi
6/10
Castelar Street Elementary School
Public,•K-5•2.4mi
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•1.3mi
6/10
Thomas Starr King Middle School
Public,•6-8•2.1mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,•6-12•0.8mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,•9-12•0.8mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,•9-12•0.8mi
3/10
Belmont Senior High School
Public,•9-12•1.1mi
8/10
John Marshall Senior High School
Public,•9-12•2.9mi

Price History

Date
Event
Price
10/15/25
Listing
$380,000
09/30/05
Sold
$325,000
Condition Rating
Good
The condo unit has been extensively remodeled, featuring a modern kitchen with granite countertops, stainless steel appliances, and self-closing cabinets, as well as updated flooring (hardwood/laminate in living areas, tile in kitchen) and a contemporary fireplace. While the building was constructed in 1971, the unit itself appears move-in ready with no immediate renovations required, aligning with a property extensively renovated within the last 5-15 years. The visible areas show minimal wear and tear, indicating good maintenance.
Pros & Cons

Pros

Panoramic Views: The condo offers 'views, views, views' including amazing city views from the unit and rooftop pool/spa, encompassing City Lights, Mountains, Neighborhood, and Trees/Woods.
Extensive Building Amenities: Residents enjoy resort-style amenities such as a rooftop pool and spa, recreational area, gym, and sauna, enhancing the living experience.
Prime Central Location: Strategically located minutes from Downtown LA, USC, and Koreatown, providing excellent access to urban conveniences and major hubs.
Remodeled Interior & Top Floor Privacy: The unit features a modern, remodeled kitchen with granite countertops and stainless steel appliances, and as a top-floor unit, it offers enhanced privacy with no neighbors above.
Comprehensive Building Services & Security: The secure building provides gated parking with one assigned space, on-site management, maintenance staff, 24-hour security, and HOA covers water, gas, and trash.

Cons

High HOA Fees: The association fee of $501.0 per month is relatively high for a 1-bedroom, 715 sqft unit, potentially impacting affordability and investment returns.
Compact Living Space: With 715 sqft, the 1-bedroom, 1-bathroom layout offers limited living space, which may not appeal to all buyers seeking more room.
Building Age: Built in 1971, the building is over 50 years old. While the unit is remodeled, the age of the overall structure could lead to concerns about potential future assessments or infrastructure maintenance.

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