$450,000
SOLD APR 9, 2025 RENTED JUL 5, 2025

525 S La Fayette Park Place Unit 213 Los Angeles, CA 90057

Westlake Neighborhood
2 Beds
2 Baths
844 Sq Ft
$275/mo HOA Fee

Recently Sold

$533 Per Sq Ft

10% Below List Price

129 Days on Market

Highlights

  • Primary Bedroom Suite
  • Laundry Room
  • No Heating
  • Community Pool
  • Central Air
  • 3-minute walk to Lafayette Park

About This Home

As of April 2025

Location! Location! Location! This beautifully updated 2 Bed + 2 Bath condo features an open floor plan, wood floors, and fresh new paint throughout. Situated just a few miles from Downtown LA and Koreatown, this unit offers the perfect blend of urban convenience and neighborhood charm. Minutes away from great dining, popular nightlife, and recreational options, it's ideal for those seeking the best that Los Angeles has to offer. The condo also includes 2 underground parking spots and has secured entry for added security. This is a fantastic opportunity for both owner occupancy and investors!

Last Agent to Sell the Property

Jim Bottrell

eXp Realty Greater Los Angeles Brokerage Email: listings@bottrellteam.com License #01154905 Listed on: 10/17/2024

Co-Listed By

Joji Olivar

eXp Realty Greater Los Angeles Brokerage Email: listings@bottrellteam.com License #01359133

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,045

Year Built

  • Built in 1979

Lot Details

  • Two or More Common Walls

HOA Fees

  • $275 Monthly HOA Fees

Interior Spaces

  • 844 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Kitchen

  • Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Tax Tract Number 67
  • Assessor Parcel Number 5155011046
  • Seller Considering Concessions

Community Details

Overview

  • 40 Units
  • Mediterranean Chateau HOA c/o Assembly Tech Association, Phone Number (213) 282-8008
  • Maintained Community

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,045

Year Built

Built in 1979

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: LAR4
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5155011046
  • Year Built: 1979
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 844.00 Square Feet
  • Stories: 1
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 533.18
  • Room Type: Kitchen, Primary Suite

Exterior Features

  • Fence: No
  • Pool Features: Community
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Parking: No
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Maintenance Grounds
  • Association Fee: 275.00
  • Association Fee Frequency: Monthly
  • Association Name: Mediterranean Chateau HOA c/o Assembly Tech
  • Phone: 213-282-8008
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 40

Tax Info

  • Tax Tract Number: 0067

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2024
Sold by
Aquino Mariedel I and Magno Luzbella I
Bought by
Quan Rick
Current Estimated Value
$454,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2024
Sold by
Aquino Gerald A
Bought by
Aquino Mariedel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2006
Sold by
Magno Pablito
Bought by
Magno Luzbella I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.57%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 15, 2006
Sold by
Mauro Maribel B
Bought by
Magno Luzbella I and Magno Mariedel I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.57%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 4, 2005
Sold by
Torres Corazon B
Bought by
Mauro Maribel B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 9, 1999
Sold by
Dye James A
Bought by
Torres Emiliano and Torres Corazon B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,800
Interest Rate
9.28%
Source: Public Records

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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 $450,000 First American Title
Grant Deed -- First American Title
Interfamily Deed Transfer -- North American Title Co
Grant Deed $375,000 North American Title Co
Grant Deed $280,000 North American Title Co
Grant Deed $78,500 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 New Conventional
Previous Owner $75,000 Fannie Mae Freddie Mac
Previous Owner $300,000 Balloon
Previous Owner $224,000 Fannie Mae Freddie Mac
Previous Owner $99,000 Unknown
Previous Owner $62,800 No Value Available
Closed $56,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2025 07/05/25 Rented $2,300 0.0% --
06/28/2025 06/28/25 Under Contract -- -- --
06/06/2025 06/06/25 Price Changed $2,300 -8.0% $3 / Sq Ft
05/07/2025 05/07/25 Price Changed $2,500 -3.8% $3 / Sq Ft
04/29/2025 04/29/25 For Rent $2,600 0.0% --
04/09/2025 04/09/25 Sold $450,000 +5.9% $533 / Sq Ft
02/23/2025 02/23/25 Pending -- -- --
02/06/2025 02/06/25 Price Changed $424,999 -15.0% $504 / Sq Ft
12/05/2024 12/05/24 For Sale $499,999 0.0% $592 / Sq Ft
11/07/2024 11/07/24 Pending -- -- --
10/17/2024 10/17/24 For Sale $499,999 -- $592 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $6,045 $502,403 $323,415 $178,988
2023 $5,929 $492,553 $317,074 $175,479
2022 $5,652 $482,896 $310,857 $172,039
2021 $5,578 $473,428 $304,762 $168,666
2019 $5,407 $459,388 $295,724 $163,664
2018 $5,391 $450,381 $289,926 $160,455
2016 $5,151 $432,894 $278,669 $154,225
2015 $3,366 $283,100 $182,700 $100,400
2014 $3,267 $268,000 $173,000 $95,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2409295

California Regional Multiple Listing Service (CRMLS)

APN: 5155-011-046