$300,000
SOLD AUG 5, 2025
1 Bed
1 Bath
715 Sq Ft
$501/mo HOA Fee

Recently Sold

$420 Per Sq Ft

2 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • 0.99 Acre Lot
  • 24-Hour Security
  • Gated Community
  • Living Room with Fireplace

About This Home

As of August 2025

Back on the market. Buyer couldn't perform. Investor's Dream. Conveniently located near Koreatown and DTLA. 1bed 1 bath. Closed to Restaurants, Park, Metro Station and Shopping plazas. 24 hour security, rooftop pool and hot tub with stunning 360 degree panoramic view of Los Angeles, Fitness center, Large laundry room. One designated parking. Balcony leads to Courtyard. This place needs work. Priced to sell quick.

Last Agent to Sell the Property

Steve Suh

Good Members Investment License #01382812 Listed on: 05/30/2025

Last Buyer's Agent

Alex Chang

Total Quality Agents License #02045975

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,423

Year Built

  • Built in 1971

HOA Fees

  • $501 Monthly HOA Fees

Parking

  • Parking Garage Space

Interior Spaces

  • 715 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Carpet
  • Courtyard Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5155-012-052

Community Details

Overview

  • 178 Units

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,423

Year Built

Built in 1971

Lot Details

0

HOA Fees

$501 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: La Fayette Park Tower
  • Entry Floor: 6
  • Living Area: 715
  • Lot Acreage: 0.9932
  • Planned Urban Dev: 0
  • Unit Floor In Building: 6
  • Year Built: 1971
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

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
  • Price Per S Q F T: 419.57

Exterior Features

  • Pool Description: Community
  • Pool: Yes
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Community Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Elevator, Exercise Room, Gated Community, Pool
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 501.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5155-012-052
  • Lot Size Area: 43264

Multi Family

  • Number Of Units: 178

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2025
Closed on
Jul 30, 2025
Sold by
Suh Joseph J
Bought by
Martinez Manuel David
Seller's Agent
Steve Suh
Good Members Investment
Buyer's Agent
Alex Chang
Total Quality Agents
List Price
$299,995
Sold Price
$300,000
Premium/Discount to List
$5
0.002%
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%
Original Mortgage
$150,000
Outstanding Balance
$150,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$150,961

Purchase Details

Closed on
Jul 16, 2001
Sold by
Evans Willarean
Bought by
Suh Joseph J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,180
Interest Rate
7%
Mortgage Type
Stand Alone First
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $300,000 Wfg National Title
Grant Deed $82,000 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 New Conventional
Previous Owner $140,000 New Conventional
Previous Owner $81,180 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 Sold $300,000 0.0% $420 / Sq Ft
06/01/2025 06/01/25 Pending -- -- --
05/30/2025 05/30/25 For Sale $299,995 0.0% $420 / Sq Ft
05/02/2025 05/02/25 Pending -- -- --
04/17/2025 04/17/25 For Sale $299,995 -- $420 / 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 $1,423 $121,114 $45,340 $75,774
2024 $1,423 $118,740 $44,451 $74,289
2023 $1,399 $116,413 $43,580 $72,833
2022 $1,335 $114,131 $42,726 $71,405
2021 $1,311 $111,894 $41,889 $70,005
2019 $1,270 $108,578 $40,648 $67,930
2018 $1,265 $106,450 $39,851 $66,599
2016 $1,201 $102,318 $38,304 $64,014
2015 $1,181 $100,782 $37,729 $63,053
2014 $1,194 $98,808 $36,990 $61,818
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25526825

The MLS

APN: 5155-012-052