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421 S La Fayette Park Place Unit 517

Los Angeles, CA 90057

1 bed
1 bath
800 sqft
~1 acre lot
$456 per sqft
1971 build
– on site

Perfect Opportunity for First-Time Homebuyers and Investors! This spacious 1-bedroom, 1-bathroom condo is an excellent choice for first-time homebuyers seeking affordability and investors looking to buy and hold. The open-concept living area features updated flooring, a cozy fireplace, and a large balcony perfect for relaxing or entertaining. The kitchen has granite countertops, a gas stove, stainless steel appliances, and upgraded lighting, offering functionality and style for everyday living. The bright, airy bedroom provides a peaceful retreat, with only one shared wall for privacy. Convenience is key with your underground parking spot and access to resort-style amenities, including a rooftop pool with impressive views of Downtown Los Angeles, a spa, BBQ areas, a dry sauna, and a fitness center.

Listed By CRMLS_CA / Simone Marzullo / LPT Realty, Inc

Last checked: Checking… • Last updated Mar 7, 2025 •

MLS# 25482489 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1971
New Construction:

No
Total Number Of Units:

200
Unit Number:

517
Architectural Style:

See Remarks
Entry Level:

5

Interior

Levels:

One
Room Type:

Living Room
Fireplace:

Yes
Fireplace:

Living Room
Laundry:

Community
Laundry:

1

Room Dimensions

Living Area:

800.00

Financial & Terms

Disclosures:

CC And R's

Location

Directions:

3rd St. & 6th St. on La Fayette Park Pl.
Latitude:

34.06542400
Longitude:

-118.28233300

The Property

Property Type:

Residential
Subtype:

Condominium
Property Condition:

Repairs Cosmetic, Updated/Remodeled
Zoning:

LAR4
Lot Size Area:

43264.0000
Lot Size Acres:

0.9932
Lot Size SqFt:

43264.00
View:

None
Security Features:

24 Hour Security, Carbon Monoxide Detector(s), Smoke Detector(s), Fire and Smoke Detection System
Lease Considered:

No

Listing Agent

Contact info:

Beds

Total Bedrooms:

1

Baths

Total Baths:

1
Full & Three Quarter Baths:

1
Full Baths:

1

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5155012137
Showings Begin:

2025-01-18

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Appliances

Appliances:

Dishwasher, Microwave, Gas Cooktop, Oven
Included:

Yes

The Community

Association Amenities:

Spa/Hot Tub, Pool, Security, Sauna, Outdoor Cooking Area, Water, Trash
Association:

Yes
Association Fee:

$550
Association Fee Frequency:

Monthly
Pool:

Association
Senior Community:

No
Spa:

1
Private Pool:

No
Spa Features:

Association, Community
Assessments:

No

Parking

Parking:

Yes
Parking:

Covered, Assigned

Monthly cost estimate

Asking price

$365,000

Expense	Monthly cost
Mortgage	$1,954
Taxes	N/A
Insurance	$100
HOA fees	$550
Utilities	$111 See report
Total	$2,715/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
3/7/25 Mar 7, 2025	Sold Subject To Contingencies	CRMLS_CA	$365,000
2/10/25 Feb 10, 2025	Price Changed	CRMLS_CA	$365,000	-8.5%
1/21/25 Jan 21, 2025	Price Changed	CRMLS_CA	$399,000	-6.1%

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This condo located in Central LA, Los Angeles, CA 90057 is currently for sale for $365,000. 421 S La Fayette Park Place Unit 517 is a 800 square foot condo with 1 bed and 1 bath that has been on Estately for 70 days. 421 S La Fayette Park Place Unit 517 is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 92, making it a walker’s paradise. This condo is in the attendance area of Edward R. Roybal Learning Center, Lafayette Park Primary Center, Miguel Contreras Learning Complex - School Of Social Justice, Belmont Senior High School, Miguel Contreras Learning Complex - Acdemic Ldrshp Community, Virgil Middle School, Charles White Elementary School, Miguel Contreras Learning Complex - Los Angeles School Of Global Studies, Ramon C Cortines School Of Visual And Performing Arts, and Miguel Contreras Learning Complex - Business And Tourism.

Listing Courtesy of: CRMLS_CA and LPT Realty, Inc. Based on information from California Regional Multiple Listing Service, Inc. as of 16:18 on Apr 01.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.