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421 S La Fayette Park Place 301, Los Angeles, California 90057, Los Angeles, 90057 - 1 bed, 1 bath

421 S La Fayette Park Place 301, Los Angeles, California 90057 home-pic-0
ACTIVE$350,000
421 S La Fayette Park Place 301, Los Angeles, California 90057
1Bed
1Bath
715Sqft
43,264Lot
Year Built
1971
Close
-
List price
$350K
Original List price
$350K
Price/Sqft
$490
HOA
$501
Days on market
-
Sold On
-
MLS number
25618427
Home ConditionFair
Features
Good View: Trees/Woods
Deck
Pool
Spa
ViewTrees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $350.0K(40th), sqft - 715(30th), beds - 1(50th), baths - 1(40th).

Experience city living with a touch of serenity in this beautifully remodeled one-bedroom, one-bath condo at Lafayette Park Towers, perfectly located in the heart of Los Angeles. Step inside and instantly feel at home. The east-facing balcony welcomes gentle morning sunlight an ideal spot to savor your first cup of coffee. In the evening, the fireplace adds cozy warmth and a soft glow, turning the living area into a peaceful retreat after a long day. The open kitchen flows seamlessly into the living and dining areas, creating an inviting space for both everyday living and entertaining. The bedroom offers generous comfort and tranquility, while every corner of this home has been thoughtfully designed to blend sophistication with timeless warmth. Enjoy a lifestyle of ease and comfort with resort-style amenities, including a rooftop pool and spa overlooking the city skyline, a recreation lounge perfect for relaxing or socializing, a fully equipped gym, and a soothing sauna to unwind and recharge. The secure, well-managed building provides gated parking (one assigned space), on-site management, dedicated maintenance staff, and 24-hour security so you can enjoy both convenience and peace of mind. HOA dues include water, gas, and trash, keeping daily living simple and stress-free. Nestled on a quiet, tree-lined street with a welcoming community feel, the home is just a short stroll from Lafayette Park Primary Center, Larchmont Charter, and Pilgrim School, with other excellent public schools nearby. This prime central location offers effortless access to Downtown LA, USC, and Koreatown placing the best of Los Angeles right at your doorstep while still offering the calm and comfort of a true city haven.

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
11/21/25
Listing
$350,000
09/11/15
Sold
$296,000
10/13/95
Sold
$36,000
Condition Rating
Fair
While the listing describes the condo as 'beautifully remodeled,' the visual evidence, particularly in the kitchen, suggests a more dated renovation or partial updates. The kitchen features original or very old laminate cabinets, countertops, and appliances, along with 4x4 white tile flooring, which are all significantly outdated. Popcorn ceilings are also present throughout the unit. The hardwood/laminate flooring in the living area and bedroom appears to be a more recent update, and the unit is clean and well-maintained. However, the core elements of the kitchen and the overall aesthetic point to a property that is aged but maintained, with major components being functional but showing signs of being outdated, aligning with the 'Fair' condition criteria for a property built in 1971.
Pros & Cons

Pros

Prime Central Location: Strategically located in the heart of Los Angeles, offering effortless access to Downtown LA, USC, and Koreatown, while situated on a quiet, tree-lined street.
Extensive Resort-Style Amenities: The building boasts a rooftop pool and spa with city skyline views, a recreation lounge, a fully equipped gym, and a soothing sauna, enhancing lifestyle and value.
Remodeled & Thoughtfully Designed Interior: The condo features a beautifully remodeled interior with an open kitchen, a cozy fireplace, and an east-facing balcony, blending sophistication with warmth.
Secure & Well-Managed Building: Benefits from a secure, well-managed building with gated assigned parking, on-site management, dedicated maintenance staff, and 24-hour security.
Inclusive HOA Dues: HOA dues cover water, gas, and trash, simplifying monthly expenses and providing peace of mind for residents.

Cons

Building Age: Constructed in 1971, the building is over 50 years old, which may imply potential for future common area maintenance or special assessments despite unit remodels.
Limited Unit Size/Configuration: As a one-bedroom, one-bath unit at 715 sqft, its appeal is primarily limited to singles or couples, potentially narrowing the buyer pool.
High HOA Dues: The $501 monthly HOA fee, while inclusive of some utilities, is a significant recurring cost that could impact overall affordability and investment returns for a one-bedroom unit.

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