NOT LISTED FOR SALE

Lafayette Park Towers Condominiums 421 S La Fayette Park Place Unit 617 Los Angeles, CA 90057

Westlake Neighborhood

Estimated Value: $368,000 - $401,000

1 Bed
1 Bath
800 Sq Ft
$554/mo HOA Fee

Last Sold June 28, 2024

Last sale price $390,000 $488 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,067/month

21 Days on Market

Highlights

  • Fitness Center
  • 0.99 Acre Lot
  • Living Room with Fireplace
  • In Ground Pool
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of June 2024

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

Richard Schulman

Keller Williams Los Angeles License #01427211 Listed on: 04/17/2024

Keller Williams Los Angeles

Co-Listed By

Mike Lease

Resident Group License #02040586

Last Buyer's Agent

Fareena Mahmud

Kal Duwage Realty License #02032926

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,021

Year Built

  • Built in 1971

Lot Details

  • 0.99

HOA Fees

  • $554 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 800 Sq Ft Home
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Covered Space
  • Covered Parking

Outdoor Features

  • In Ground Pool
  • Open Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5155-012-167

Community Details

Overview

  • 178 Units
  • 7-Story Property

Amenities

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

Recreation

  • Fitness Center

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,021

Year Built

Built in 1971

Lot Details

0

HOA Fees

$554 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: 6
  • Living Area: 800
  • Lot Acreage: 0.9932
  • Planned Urban Dev: 0
  • Stories: 7
  • Unit Floor In Building: 6
  • Year Built: 1971
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • 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: Dishwasher, Garbage Disposal, Microwave
  • Price Per S Q F T: 487.50

Exterior Features

  • Pool Description: Community
  • Pool: Yes
  • View: No

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Pet Rules, Controlled Access, Elevator, Fitness Center, Pool, Sauna, Sun Deck
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 554.39
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5155-012-167
  • Lot Size Area: 43264

Multi Family

  • Number Of Units: 178

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
Jun 21, 2024
Sold by
Choi Jay
Bought by
Mostafa Osama Farok and El Trabolsy Eman
Seller's Agent
Richard Schulman
Keller Williams Los Angeles
Buyer's Agent
Fareena Mahmud
Kal Duwage Realty
List Price
$390,000
Sold Price
$390,000
Views
134
Current Estimated Value
$397,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,808
Avg. Annual Appreciation
0.02%
Original Mortgage
$292,500
Outstanding Balance
$289,284
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$100,782

Purchase Details

Closed on
Jul 31, 2007
Sold by
Bank Of New York
Bought by
Choi Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,500
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2006
Sold by
Kim Tae Yub
Bought by
Bank Of New Yor and The Certificateholders Cwabs Inc Asset B

Purchase Details

Closed on
Sep 23, 2005
Sold by
Miman Inc
Bought by
Kim Tae Yub

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,600
Interest Rate
5.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 29, 2004
Sold by
Manalang Vicente Rodel
Bought by
Clay Lucia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2003
Sold by
Manalang Ivy A
Bought by
Manalang Vicente Rodel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
5.6%

Purchase Details

Closed on
Mar 24, 2003
Sold by
Gracilla Arnulfo S
Bought by
Manalang Vicente Rodel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
5.6%

Purchase Details

Closed on
Jun 17, 1999
Sold by
Lee Deh
Bought by
Chen Joel J and Chen Margaret Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.37%

Purchase Details

Closed on
Jun 16, 1999
Sold by
Chen Joel And Margaret Trs Chen Trust
Bought by
Gracilla Arnulfo S and Gracilla Marie Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.37%
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
Mostafa Osama Farok $390,000 Fidelity National Title
Choi Jay $260,000 Lst Rosemead
Choi Jay B -- Landsafe Title
Bank Of New Yor $278,969 Landsafe Title
Kim Tae Yub $328,000 Chicago Title Co
Kim Tae Yub -- Chicago Title Co
Miman Inc -- Chicago Title Co
Clay Lucia $225,000 Alliance Title
Manalang Vicente Rodel -- American Title Co
Manalang Vicente Rodel $130,000 American Title Co
Chen Joel J -- American Title
Gracilla Arnulfo S $50,000 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mostafa Osama Farok $292,500
Previous Owner Choi Jay B $140,500
Previous Owner Choi Jay $7,500
Previous Owner Miman Inc $65,600
Previous Owner Kim Tae Yub $262,400
Previous Owner Clay Lucia $180,000
Previous Owner Manalang Vicente Rodel $123,500
Previous Owner Gracilla Arnulfo S $35,000
Closed Clay Lucia $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $390,000 0.0% $488 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $390,000 -- $488 / 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 $4,021 $397,800 $305,796 $92,004
2024 $4,021 $334,802 $238,228 $96,574
2023 $3,945 $328,238 $233,557 $94,681
2022 $3,761 $321,803 $228,978 $92,825
2021 $3,709 $315,494 $224,489 $91,005
2019 $3,595 $306,138 $217,832 $88,306
2018 $3,586 $300,136 $213,561 $86,575
2016 $3,423 $288,483 $205,269 $83,214
2015 $3,345 $282,000 $200,000 $82,000
2014 $2,480 $204,000 $145,000 $59,000
Source: Public Records

Agents Affiliated with this Home

  • Richard Schulman

    Seller's Agent in 2024

    Richard Schulman

    Keller Williams Los Angeles

    (310) 482-0173

    2 in this area

    533 Total Sales

    Section Image
  • Mike Lease

    Seller Co-Listing Agent in 2024

    Mike Lease

    Resident Group

    (310) 683-3104

    1 in this area

    70 Total Sales

    Section Image

  • F

    Buyer's Agent in 2024

    Fareena Mahmud

    Kal Duwage Realty

    (415) 336-4206

    1 in this area

    10 Total Sales

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About Lafayette Park Towers Condominiums

Map

Source: The MLS

MLS Number: 24-375905

The MLS

APN: 5155-012-167

California Los Angeles County Los Angeles 90057 Westlake

421 S La Fayette Park Place Unit 617, Los Angeles, CA

This home is located at 421 S La Fayette Park Place Unit 617, Los Angeles, CA 90057 since 17 April 2024 and is currently estimated at $390,066, approximately $487 per square foot. This property was built in 1971. 421 S La Fayette Park Place Unit 617 is a home located in Los Angeles County with nearby schools including Charles White Elementary School, Virgil Middle School, and Belmont High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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