NOT LISTED FOR SALE

Lafayette Park Towers Condominiums 421 S La Fayette Park Place Unit 207 Los Angeles, CA 90057

Westlake Neighborhood

Estimated Value: $351,000 - $561,000

1 Bed
1 Bath
715 Sq Ft
$323/mo HOA Fee

Last Sold June 15, 2017

Last sale price $300,000 $420 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,909/month

5 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • 43,252 Sq Ft lot
  • 24-Hour Security
  • Gated Parking
  • Contemporary Architecture

About This Home

As of June 2017

Conveniently located minutes from Downtown Los Angeles and Korea-town. La Fayette Park Towers offers an swimming pool, BBQ area, gym. On site management and 24-hr. security. Unit needs little TLC.

Last Agent to Sell the Property

Peter Shim

New Star Realty License #01474154 Listed on: 04/21/2017

New Star Realty

Co-Listed By

Jong Soon Lee

New Star Realty License #01493671

Last Buyer's Agent

Clara Cho

Redpoint Realty License #01314770

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,178

Year Built

  • Built in 1971

Lot Details

  • 0.99

HOA Fees

  • $323 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 715 Sq Ft Home
  • Living Room with Fireplace
  • Carpet

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Covered Space
  • Gated Parking
  • Assigned Parking

Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5155-012-027

Community Details

Overview

  • 178 Units
  • 7-Story Property

Amenities

  • Sundeck
  • Community Barbecue Grill
  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,178

Year Built

Built in 1971

Lot Details

0

HOA Fees

$323 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: La Fayette Park Tower
  • Entry Floor: 2
  • Living Area: 715
  • Planned Urban Dev: 0
  • Stories: 7
  • Unit Floor In Building: 2
  • Year Built: 1971
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Cable, Dishwasher, Garbage Disposal
  • Price Per S Q F T: 418.18

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Association Pool
  • Pool: Yes
  • View: No

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Assoc Barbecue, Controlled Access, Elevator, Exercise Room, Gated Parking, Onsite Property Management, Pool, Spa, Sun Deck
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 323.24
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5155-012-027
  • Geocode Override: No
  • Lot Size Area: 43252

Multi Family

  • Number Of Units: 178

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2017
Closed on
Apr 28, 2017
Sold by
Kim Oh Yim
Bought by
Chou Erica Jia Chien
Seller's Agent
Peter Shim
New Star Realty
Buyer's Agent
Clara Cho
Redpoint Realty
List Price
$299,000
Sold Price
$300,000
Premium/Discount to List
$1,000
0.33%
Current Estimated Value
$420,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,430
Avg. Annual Appreciation
4.14%
Original Mortgage
$195,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2012
Sold by
Kim Sun Hwa
Bought by
Kim Oh Yim

Purchase Details

Closed on
Jul 8, 2011
Sold by
Sung Joo Suk
Bought by
Kim Sun Hwa

Purchase Details

Closed on
Dec 12, 2009
Sold by
Kang Bok Soon
Bought by
Sung Joo Suk

Purchase Details

Closed on
Jun 28, 2005
Sold by
Sung Joo Suk
Bought by
Sung Joo Suk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,205
Interest Rate
2.85%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 27, 2005
Sold by
Pak Hee Jung
Bought by
Sung Joo Suk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,205
Interest Rate
2.85%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 23, 2005
Sold by
Sung Eun Kyung
Bought by
Sung Joo Suk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,205
Interest Rate
2.85%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 15, 2004
Sold by
Pak Joo Yong
Bought by
Pak Hee Jung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2002
Sold by
Park Chun Hee
Bought by
Moon In Woo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
6.6%

Purchase Details

Closed on
Mar 13, 2001
Sold by
Jadhavji Feroz R and Jadhavji Naseem J
Bought by
Park Chun Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,503
Interest Rate
7.19%

Purchase Details

Closed on
Apr 8, 1999
Sold by
Bankers Trust Company Of California Na
Bought by
Jadhavji Feroz R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,925
Interest Rate
6.91%

Purchase Details

Closed on
Nov 30, 1998
Sold by
Reyes William
Bought by
Amresco Residential Securities Corp Mtg

Purchase Details

Closed on
Mar 7, 1996
Sold by
Reyes Yamira
Bought by
Reyes William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,800
Interest Rate
7.01%

Purchase Details

Closed on
Aug 3, 1995
Sold by
Reyes Yamira
Bought by
Reyes William

Purchase Details

Closed on
May 17, 1995
Sold by
Hud
Bought by
Reyes William

Purchase Details

Closed on
Dec 20, 1994
Sold by
Countrywide Funding Corp
Bought by
Hud
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chou Erica Jia Chien $300,000 Chicago Title Company
Kim Oh Yim -- Accommodation
Kim Sun Hwa $134,000 Lawyers Title Company
Sung Joo Suk -- Lawyers Title Company
Sung Joo Suk -- --
Sung Joo Suk $295,000 Chicago Title Co
Sung Joo Suk -- Chicago Title Co
Pak Hee Jung -- First American Title Co
Pak Hee Jung $220,000 First American Title Co
Moon In Woo $96,000 Chicago Title
Park Chun Hee $80,000 Chicago Title
Jadhavji Feroz R $40,000 Chicago Title Co
Amresco Residential Securities Corp Mtg $30,000 First American Title Ins Co
Reyes William -- First American Title Co
Reyes William -- --
Reyes William $20,000 California Counties Title Co
Hud -- First American Title Co
Countrywide Funding Corp $82,118 Countrywide Title Corporatio
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chou Erica Jia Chien $195,000
Previous Owner Sung Joo Suk $265,205
Previous Owner Pak Hee Jung $176,000
Previous Owner Moon In Woo $91,000
Previous Owner Park Chun Hee $77,503
Previous Owner Jadhavji Feroz R $29,925
Previous Owner Reyes William $30,800
Closed Pak Hee Jung $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2025 04/08/25 Off Market $2,000 -- --
03/15/2025 03/15/25 Price Changed $2,000 -1.5% $3 / Sq Ft
02/19/2025 02/19/25 Price Changed $2,030 -7.7% $3 / Sq Ft
01/19/2025 01/19/25 For Rent $2,200 0.0% --
06/15/2017 06/15/17 Sold $300,000 +0.3% $420 / Sq Ft
04/26/2017 04/26/17 Pending -- -- --
04/21/2017 04/21/17 For Sale $299,000 -- $418 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,178 $348,167 $260,780 $87,387
2024 $4,178 $341,341 $255,667 $85,674
2023 $4,100 $334,649 $250,654 $83,995
2022 $3,910 $328,089 $245,740 $82,349
2021 $3,858 $321,657 $240,922 $80,735
2019 $3,742 $312,119 $233,777 $78,342
2018 $3,735 $306,000 $229,194 $76,806
2016 $1,676 $135,227 $62,413 $72,814
2015 $1,651 $133,197 $61,476 $71,721
2014 $1,667 $130,589 $60,272 $70,317
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Peter Shim

    New Star Realty

    Section Image

  • J

    Seller Co-Listing Agent in 2017

    Jong Soon Lee

    New Star Realty

    Section Image

  • C

    Buyer's Agent in 2017

    Clara Cho

    Redpoint Realty

    Section Image
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About Lafayette Park Towers Condominiums

Map

Source: The MLS

MLS Number: 17-223526

The MLS

APN: 5155-012-027

California Los Angeles County Los Angeles 90057 Westlake

421 S La Fayette Park Place Unit 207, Los Angeles, CA

This home is located at 421 S La Fayette Park Place Unit 207, Los Angeles, CA 90057 since 21 April 2017 and is currently estimated at $420,430, approximately $588 per square foot. This property was built in 1971. 421 S La Fayette Park Place Unit 207 is a home located in Los Angeles County with nearby schools including Charles White Elementary School, Virgil Middle School, and Belmont High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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