421 S La Fayette Park Place 624, Los Angeles, California 90057, Los Angeles, 90057 - 1 bed, 1 bath
ACTIVE$375,000
421 S La Fayette Park Place 624, Los Angeles, California 90057
1Bed
1Bath
715Sqft
43,264Lot
Year Built
1971
Close
-
List price
$375K
Original List price
$418K
Price/Sqft
$524
HOA
$501.07
Days on market
-
Sold On
-
MLS number
TR25091072
Home ConditionExcellent
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $375.0K(40th), sqft - 715(30th), beds - 1(50th), baths - 1(40th).
Enjoy modern design and city living in this updated 1-bed, 1-bath unit on the 6th floor of La Fayette Park Towers. The home features brand new laminate flooring and a sleek, contemporary interior. Upscale amenities include a rooftop pool, jacuzzi, BBQ area, fitness center, sauna, recreation room, and 24-hour security access. One gated, assigned parking space is included, and HOA covers water, gas, and trash. Centrally located just minutes from Downtown LA, Koreatown, Silver Lake, USC, restaurants, and Metro stations—this is urban convenience at its best.
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
10/18/25
Price Change
$375,000-6.0%
09/19/25
Price Change
$399,000
04/24/25
Listing
$418,000
03/10/25
Sold
$270,000
04/05/13
Sold
$195,000
01/04/12
Sold
$122,000
07/14/05
Sold
$300,000
Condition Rating
Excellent
Despite the 1971 build year, the unit has undergone an extensive and recent renovation, as evidenced by the 'brand new laminate flooring' and 'sleek, contemporary interior' mentioned in the description. The images confirm a modern kitchen with updated white shaker-style cabinets, granite countertops, and modern appliances. The bathroom also features a matching updated vanity with granite, a modern mirror, and a clean tub/shower combo. All light fixtures are contemporary, including recessed lighting and a stylish pendant. The property appears to be in virtually new condition internally, meeting current quality standards with no visible deferred maintenance.
Pros & Cons
Pros
Prime Urban Location: Centrally located just minutes from Downtown LA, Koreatown, Silver Lake, USC, restaurants, and Metro stations, offering unparalleled urban convenience and accessibility.
Extensive Building Amenities: The building offers upscale amenities including a rooftop pool, jacuzzi, BBQ area, fitness center, sauna, recreation room, and 24-hour security, enhancing lifestyle and resident appeal.
Updated Interior: The unit features brand new laminate flooring and a sleek, contemporary interior design, providing a modern and move-in ready living space.
Inclusive HOA & Gated Parking: HOA dues cover water, gas, and trash, simplifying monthly expenses, and includes a valuable gated, assigned parking space, a significant advantage in a dense urban area.
Significant Price Reduction: The property has seen multiple price reductions from its original list price of $418,000 to $375,000, indicating a potentially motivated seller and a more attractive entry price point.
Cons
Compact Living Space: At 715 sqft, this 1-bedroom unit offers a compact living area, which may be restrictive for some buyers seeking more spacious accommodations.
High Monthly HOA Dues: The association fee of $501.07 per month, while inclusive of some utilities, is relatively high for a 1-bedroom unit and adds significantly to the overall monthly housing cost.
Older Building Age: Built in 1971, the building is over 50 years old, which could potentially lead to higher maintenance costs or future special assessments for major repairs, despite current updates.