NOT LISTED FOR SALE

Lafayette Park Towers Condominiums 421 S La Fayette Park Place Unit 425 Los Angeles, CA 90057

Westlake Neighborhood

Estimated Value: $358,000 - $453,000

1 Bed
1 Bath
715 Sq Ft
$417/mo HOA Fee

Last Sold January 24, 2024

Last sale price $425,000 $594 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,904/month

20 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • 0.99 Acre Lot
  • 24-Hour Security
  • Automatic Gate
  • Contemporary Architecture

About This Home

As of January 2024

Remodeled fourth floor condo in La Fayette Park Towers. This 1BD+1BA unit features hard surfaced flooring throughout, an abundance of built in storage space, stainless steel appliances, cozy fireplace, and balcony off of the living room. HOA amenities include 24-hour onsite security, roof top pool/spa with panoramic city views, fitness center, sauna, BBQ area, club room, and laundry facilities. Included with the low HOA fees are water, gas, trash, and sewer. Centrally located and just moments from Downtown, Koreatown, Mid-Wilshire, and Silverlake. One gated and assigned parking space. Perfect opportunity to enter the Los Angeles market and make this incredible condo your home.

Last Agent to Sell the Property

David Ruest

Keller Williams Realty Los Feliz License #02045144 Listed on: 11/16/2023

Keller Williams Realty Los Feliz

Co-Listed By

Johnny and David Team

Keller Williams Realty Los Feliz License #01394690

Last Buyer's Agent

Yun Kwag

New Star Realty License #01935957

New Star Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,967

Year Built

  • Built in 1971

Lot Details

  • 0.99

HOA Fees

  • $417 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 715 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Covered Space
  • Automatic Gate
  • Assigned Parking

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5155-012-099

Community Details

Overview

  • 178 Units
  • 7-Story Property

Amenities

  • Sundeck
  • Community Barbecue Grill
  • Sauna
  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center
  • Community Spa

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,967

Year Built

Built in 1971

Lot Details

0

HOA Fees

$417 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: La Fayette Park Towers
  • Entry Floor: 4
  • Living Area: 715
  • Lot Acreage: 0.9932
  • Planned Urban Dev: 0
  • Stories: 7
  • Unit Floor In Building: 4
  • Year Built: 1971
  • Number Of Photos: 37
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Vinyl, Tile
  • 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: Ceiling Fan, Dishwasher, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 608.39

Exterior Features

  • Pool Description: Association Pool
  • Pool: Yes
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Guarded, Resident Manager, Automatic Gate

Association/Amenities

  • Amenities: Assoc Barbecue, Elevator, Fitness Center, Gated Parking, Pool, Sauna, Spa, Sun Deck, Security
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 417.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5155-012-099
  • Lot Size Area: 43264

Multi Family

  • Number Of Units: 178

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2023
Closed on
Jan 8, 2024
Sold by
Szymanek Thomas
Bought by
Suh Paul W and Suh Yunjoo
Seller's Agent
David Ruest
Keller Williams Realty Los Feliz
Buyer's Agent
Yun Kwag
New Star Realty
List Price
$435,000
Sold Price
$425,000
Premium/Discount to List
-$10,000
-2.3%
Views
47
Current Estimated Value
$409,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,871
Avg. Annual Appreciation
-4.49%
Original Mortgage
$115,000
Outstanding Balance
$113,199
Interest Rate
6.95%
Estimated Equity
$282,782

Purchase Details

Closed on
Oct 6, 2009
Sold by
Us Bank National Association
Bought by
Szymanek Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,558
Interest Rate
5.02%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 17, 2009
Sold by
Cho Seong Yong
Bought by
Us Bank National Association

Purchase Details

Closed on
Jun 2, 2005
Sold by
Kim Kyung Lee
Bought by
Cho Seong Yong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,185
Interest Rate
2.62%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 17, 2004
Sold by
Im Jayne
Bought by
Kim Kyung Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2003
Sold by
Lee Dae Sung David
Bought by
Im Jayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2002
Sold by
Dorne John C
Bought by
Lee Dae Sung David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.51%

Purchase Details

Closed on
Feb 27, 2002
Sold by
Kim Ha Sook
Bought by
Dorne John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
8.5%

Purchase Details

Closed on
Jul 25, 1995
Sold by
Great Western Bank Fsb
Bought by
Kim Ha Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
7.63%

Purchase Details

Closed on
Jun 23, 1994
Sold by
California Reconveyance Company
Bought by
Great Western Bank Fsb
Source: Public Records

Range of Values:

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Average Value
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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
Suh Paul W $425,000 Wfg National Title
Szymanek Thomas $190,000 Chicago Title Company
Us Bank National Association $184,000 None Available
Cho Seong Yong $315,000 Chicago
Kim Kyung Lee $270,000 Lawyers Title
Im Jayne $194,500 Stewart Title
Lee Dae Sung David $150,000 Equity Title Company
Dorne John C $103,500 First American Title Co
Kim Ha Sook $40,000 --
Great Western Bank Fsb $25,221 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suh Paul W $115,000
Open Suh Paul W $303,000
Previous Owner Szymanek Thomas $296,240
Previous Owner Szymanek Thomas $186,558
Previous Owner Cho Seong Yong $50,000
Previous Owner Cho Seong Yong $283,185
Previous Owner Kim Kyung Lee $216,000
Previous Owner Im Jayne $188,000
Previous Owner Im Jayne $184,000
Previous Owner Lee Dae Sung David $135,000
Previous Owner Dorne John C $78,750
Previous Owner Kim Ha Sook $32,000
Closed Kim Kyung Lee $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2024 01/24/24 Sold $425,000 -2.3% $594 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
11/16/2023 11/16/23 For Sale $435,000 -- $608 / 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 $2,967 $433,500 $344,352 $89,148
2024 $2,967 $240,432 $149,322 $91,110
2023 $2,914 $235,719 $146,395 $89,324
2022 $2,780 $231,098 $143,525 $87,573
2021 $2,741 $226,567 $140,711 $85,856
2019 $2,658 $219,849 $136,539 $83,310
2018 $2,653 $215,539 $133,862 $81,677
2016 $2,534 $207,171 $128,665 $78,506
2015 $2,496 $204,060 $126,733 $77,327
2014 $2,513 $200,064 $124,251 $75,813
Source: Public Records

Agents Affiliated with this Home

  • David Ruest

    Seller's Agent in 2024

    David Ruest

    Keller Williams Realty Los Feliz

    (310) 595-4436

    2 in this area

    55 Total Sales

    Section Image
  • Johnny and David Team

    Seller Co-Listing Agent in 2024

    Johnny and David Team

    Keller Williams Realty Los Feliz

    (213) 819-1043

    2 in this area

    62 Total Sales

    Section Image

  • Y

    Buyer's Agent in 2024

    Yun Kwag

    New Star Realty

    (213) 700-3239

    4 in this area

    22 Total Sales

    Section Image
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About Lafayette Park Towers Condominiums

Map

Source: The MLS

MLS Number: 23-331919

The MLS

APN: 5155-012-099

California Los Angeles County Los Angeles 90057 Westlake

421 S La Fayette Park Place Unit 425, Los Angeles, CA

This home is located at 421 S La Fayette Park Place Unit 425, Los Angeles, CA 90057 since 16 November 2023 and is currently estimated at $395,981, approximately $553 per square foot. This property was built in 1971. 421 S La Fayette Park Place Unit 425 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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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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