421 S La Fayette Park Place 711, Los Angeles, California 90057, Los Angeles, 90057 - 1 bed, 1 bath
ACTIVE$355,000
421 S La Fayette Park Place 711, Los Angeles, California 90057
1Bed
1Bath
715Sqft
43,264Lot
Year Built
1971
Close
-
List price
$355K
Original List price
$399K
Price/Sqft
$497
HOA
$501.07
Days on market
-
Sold On
-
MLS number
25528921
Home ConditionFair
Features
Pool
Spa
ViewCourtyard
About this home
We found 3 Cons,5 Pros. Rank: price - $355.0K(40th), sqft - 715(30th), beds - 1(50th), baths - 1(40th).
Come and take a look at this remodeled PENTHOUSE UNIT!! This 1 bedroom unit has a new kitchen countertop with new dishwasher and new oven. The view of courtyard from the private balcony is breath taking. The bedroom is very generous size with plenty of closet space including coat closet in the living room. The complex has a rooftop pool and jacuzzi also fitness center that has many treadmills. Enjoy all the nice restaurants and shopping in DTLA and Korea town offer.10 minutes to DTLA, USC and Korea town. Comes with 1 secured parking.
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
12/11/25
Price Change
$355,000-9.9%
10/18/25
Price Change
$394,000-1.3%
04/22/25
Listing
$399,000
Condition Rating
Fair
Built in 1971, this unit has received some recent cosmetic updates, including new kitchen countertops, a new dishwasher, and a new oven, along with updated laminate flooring in the main living areas. However, the kitchen cabinets appear to be original or older painted units, and the bathroom remains largely dated with older fixtures, vanity, and flooring. The presence of popcorn ceilings throughout and older light fixtures further indicates that the unit has not undergone a comprehensive, extensive renovation. While move-in ready and functional, many elements show their age and are outdated, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Penthouse Status: Positioned as a penthouse unit, offering potential for enhanced views, privacy, and prestige within the building.
Recently Remodeled Kitchen: Features a new kitchen countertop, dishwasher, and oven, providing modern functionality and aesthetic appeal.
Comprehensive Building Amenities: The complex boasts a rooftop pool, jacuzzi, and a fitness center, offering residents a resort-like living experience.
Exceptional Urban Accessibility: Strategically located within 10 minutes of Downtown LA, USC, and Koreatown, providing convenient access to dining, shopping, and entertainment.
Secured Parking Included: The unit comes with one secured parking space, a highly desirable and valuable amenity in a dense urban environment.
Cons
High Monthly Association Fee: A monthly association fee of $501.07 is substantial and adds significantly to the overall cost of ownership for a 1-bedroom unit.
Building Age: Constructed in 1971, the building is over 50 years old, which may lead to concerns about aging infrastructure and potential future special assessments.
Significant Price Reductions: The property has undergone multiple price reductions from its original listing, potentially indicating market resistance or an initial overestimation of value.