NOT LISTED FOR SALE

Lafayette Park Towers Condominiums 421 S La Fayette Park Place Unit 724 Los Angeles, CA 90057

Westlake Neighborhood

Estimated Value: $377,000 - $672,000

1 Bed
1 Bath
715 Sq Ft
$348/mo HOA Fee

Last Sold November 21, 2019

Last sale price $398,000 $557 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,231/month

116 Days on Market

Highlights

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

About This Home

As of November 2019

Back on the market! Very convenient location between Koreatown and DTLA. Beautiful and spacious 1 bedroom and 1 bath condo to enjoy a simple and private life, it is on the top floor(7th) and fully upgraded and remodeled. No neighbor units are facing. All appliances are the newer year and the subject unit feels very spacious. You must see it. Thank you.

Last Agent to Sell the Property

Connie Son

Goshen Properties & Realty License #00992988 Listed on: 07/03/2019

Last Buyer's Agent

Grzegorz Uchymiak

GM Lending License #01802276

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,202

Year Built

  • Built in 1971

Lot Details

  • 0.99

HOA Fees

  • $348 Monthly HOA Fees

Home Design

  • Entry on the 7th floor

Interior Spaces

  • 715 Sq Ft Home
  • Entryway
  • Living Room
  • Dining Area
  • Property Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Home Security

Parking

  • 1 Covered Space
  • Gated Parking
  • Assigned Parking

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5155-012-190

Community Details

Overview

  • 178 Units
  • High-Rise Condominium

Amenities

  • Sauna
  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,202

Year Built

Built in 1971

Lot Details

0

HOA Fees

$348 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: High or Mid-Rise Condo
  • Street Number Display: Yes
  • Complex Name: La Fayette Park Tower
  • Entry Floor: 7
  • Living Area: 715
  • Planned Urban Dev: 0
  • Unit Floor In Building: 7
  • Year Built: 1971
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Laminate, 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: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 556.64

Exterior Features

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

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Gated Community with Guard, Smoke Detector

Association/Amenities

  • Amenities: Assoc Pet Rules, Elevator, Exercise Room, Gated Community Guard, Gated Parking, Onsite Property Management, Pool, Sauna, Security
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 347.97
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5155-012-190
  • Geocode Override: No
  • Lot Size Area: 43252

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 178

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2019
Closed on
Nov 14, 2019
Sold by
Chung Cindy T
Bought by
Wu Elizabeth Shichiao
Seller's Agent
Connie Son
Goshen Properties & Realty
Buyer's Agent
Grzegorz Uchymiak
GM Lending
List Price
$398,000
Sold Price
$398,000
Current Estimated Value
$461,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,841
Avg. Annual Appreciation
2.57%
Original Mortgage
$338,300
Outstanding Balance
$297,021
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$164,820

Purchase Details

Listed on
Feb 3, 2017
Closed on
Mar 14, 2017
Sold by
Jordan Michael
Bought by
Chung Cindy T
Seller's Agent
Eric Lavey
The Beverly Hills Estates
Buyer's Agent
Connie Son
Goshen Properties & Realty
List Price
$349,000
Sold Price
$335,000
Premium/Discount to List
-$14,000
-4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%
Original Mortgage
$217,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2008
Sold by
Mecklenburger Shane D
Bought by
Jordan Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,657
Interest Rate
6.09%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 20, 2004
Sold by
Fang Maureen
Bought by
Mecklenburger Shane D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,430
Interest Rate
5.77%
Mortgage Type
FHA
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
Wu Elizabeth Shichiao $398,000 Provident Title
Chung Cindy T $335,000 Fidelity National Title Co
Jordan Michael $249,000 Southland Title
Mecklenburger Shane D $219,000 United Title Company-La
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Elizabeth Shichiao $338,300
Previous Owner Chung Cindy T $217,750
Previous Owner Jordan Michael $212,657
Previous Owner Mecklenburger Shane D $198,430
Closed Mecklenburger Shane D $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2019 11/21/19 Sold $398,000 0.0% $557 / Sq Ft
10/09/2019 10/09/19 Pending -- -- --
09/16/2019 09/16/19 For Sale $398,000 0.0% $557 / Sq Ft
08/31/2019 08/31/19 Pending -- -- --
06/15/2019 06/15/19 For Sale $398,000 +18.8% $557 / Sq Ft
03/30/2017 03/30/17 Sold $335,000 -4.0% $469 / Sq Ft
02/10/2017 02/10/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $349,000 -- $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 $5,202 $435,264 $348,213 $87,051
2024 $5,202 $426,731 $341,386 $85,345
2023 $5,104 $418,365 $334,693 $83,672
2022 $4,867 $410,163 $328,131 $82,032
2021 $4,804 $402,122 $321,698 $80,424
2019 $4,170 $348,533 $270,191 $78,342
2018 $4,162 $341,700 $264,894 $76,806
2016 $3,210 $270,861 $193,520 $77,341
2015 $2,805 $237,000 $170,000 $67,000
2014 $2,464 $203,000 $146,000 $57,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Connie Son

    Goshen Properties & Realty

    (213) 272-3255

    8 Total Sales

    Connie Son
    Section Image

  • G

    Buyer's Agent in 2019

    Grzegorz Uchymiak

    GM Lending

    (310) 795-5000

    6 Total Sales

    Grzegorz Uchymiak
    Section Image
  • Eric Lavey

    Seller's Agent in 2017

    Eric Lavey

    The Beverly Hills Estates

    (310) 908-6800

    81 Total Sales

    Eric Lavey
    Section Image
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About Lafayette Park Towers Condominiums

Map

Source: The MLS

MLS Number: 19-478672

The MLS

APN: 5155-012-190

California Los Angeles County Los Angeles 90057 Westlake

421 S La Fayette Park Place Unit 724, Los Angeles, CA

This home is located at 421 S La Fayette Park Place Unit 724, Los Angeles, CA 90057 since 03 July 2019 and is currently estimated at $461,841, approximately $645 per square foot. This property was built in 1971. 421 S La Fayette Park Place Unit 724 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.
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