421 S La Fayette Park Place 216, Los Angeles, California 90057, Los Angeles, 90057 - 1 bed, 1 bath
ACTIVE$399,000
421 S La Fayette Park Place 216, Los Angeles, California 90057
1Bed
1Bath
798Sqft
43,264Lot
Year Built
1971
Close
-
List price
$399K
Original List price
$429K
Price/Sqft
$500
HOA
$558
Days on market
-
Sold On
-
MLS number
25568249
Home ConditionExcellent
Features
Pool
ViewCourtyard
About this home
We found 3 Cons,5 Pros. Rank: price - $399.0K(40th), sqft - 798(30th), beds - 1(50th), baths - 1(40th).
Beautifully remodeled 1-bedroom, 1 bathroom unit with approximately 800 sq.ft of living space, located in a quiet courtyard-facing part of the building. Fully renovated in 2023, this unit offers a modern and comfortable living environment. Features include: Upgraded kitchen with sleek handless cabinets and pull-out drawer shelving, updated bathroom, ceiling fan and quiet ventilation system, Multiple closets, including a spacious walk-in closet. HOA dues include: water, gas and building/common area maintenance, evening and overnight security staff, professional management by in-sight property management. The building offers secure entry, elevator access, laundry facilities and gated parking. Conveniently located near Koreatown and Downtown LA with easy access to shopping, dining, and public transit.
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
08/16/25
Price Change
$399,000
07/21/25
Listing
$429,000
Condition Rating
Excellent
Despite being built in 1971, the property was 'Fully renovated in 2023,' making it virtually new inside. The kitchen features sleek, modern handleless cabinets, new stainless steel appliances, and quartz countertops. The bathroom is also updated with modern fixtures and tiling. New light wood-look laminate flooring extends throughout the unit, and all components appear to be in pristine, current-standard condition with no visible wear or deferred maintenance.
Pros & Cons
Pros
Turnkey Modern Renovation: Fully renovated in 2023 with an upgraded kitchen featuring sleek handless cabinets and pull-out drawers, and an updated bathroom, offering a modern, move-in ready living space.
Strategic Urban Location: Conveniently located near Koreatown and Downtown LA, providing excellent access to diverse shopping, dining, and public transit options.
Comprehensive Building Amenities & Security: The building offers secure entry, elevator access, laundry facilities, gated parking, and dedicated evening/overnight security staff, enhancing convenience and safety.
Inclusive HOA & Professional Management: HOA dues cover essential utilities (water, gas), building/common area maintenance, and professional management, simplifying ownership and reducing out-of-pocket expenses.
Quiet & Functional Living Space: Positioned in a quiet courtyard-facing part of the building, the unit offers a peaceful environment, a spacious 800 sq.ft layout, and ample storage including a walk-in closet.
Cons
Recent Price Reduction: The property has undergone a $30,000 price reduction from its original list price of $429,000, which may indicate market resistance or an initial overvaluation.
Building Age: Constructed in 1971, the building is over 50 years old, which could lead to concerns about long-term maintenance, potential future special assessments, or appeal to buyers preferring newer construction.
Single Bedroom Configuration: As a 1-bedroom unit, it caters to a narrower buyer demographic, potentially limiting appeal for those requiring more space or additional rooms (e.g., for a home office or future family needs).