NOT LISTED FOR SALE

Lafayette Park Towers Condominiums 421 S La Fayette Park Place Unit 715 Los Angeles, CA 90057

Westlake Neighborhood

Estimated Value: $387,000 - $578,000

1 Bed
1 Bath
769 Sq Ft
$406/mo HOA Fee

Last Sold June 18, 2020

Last sale price $360,000 $468 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,145/month

117 Days on Market

Highlights

  • In Ground Pool
  • 43,252 Sq Ft lot
  • Views
  • Automatic Gate
  • Living Room with Fireplace
  • Community Barbecue Grill

About This Home

As of June 2020

Highly sought after condo building in the heart of Los Angeles!! Conveniently located to Downtown LA, Korea Town, many freeways and eateries. Comfortable 1 bedroom and 1 bathroom unit with modern and open style kitchen with granite counter tops. Spacious living space with fire place and dining area and a large bedroom with double closets. Amenities in the building includes amazing rooftop views of downtown LA, swimming pool, jacuzzi, BBQ grill area, gym, and communal laundry. Unit comes with 1 parking space in community gated garage.

Last Agent to Sell the Property

Yongho Rho

Mega Realty License #01035466 Listed on: 01/22/2020

Co-Listed By

Helen Rho

Mega Realty License #01914263

Last Buyer's Agent

Byung (Jonathan) Kang

J & C Investment Group, Inc License #02035339

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,717

Year Built

  • Built in 1971

Lot Details

  • 0.99

HOA Fees

  • $406 Monthly HOA Fees

Home Design

  • Entry on the 7th floor

Interior Spaces

  • 769 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Automatic Gate

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5155-012-198

Community Details

Overview

  • 200 Units
  • Low-Rise Condominium

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,717

Year Built

Built in 1971

Lot Details

0

HOA Fees

$406 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Low Rise
  • Street Number Display: Yes
  • Complex Name: La Fayette Park Towers HOA
  • Entry Floor: 7
  • Living Area: 769
  • Planned Urban Dev: 0
  • Stories: 1
  • Unit Floor In Building: 7
  • Year Built: 1971
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Microwave, Range/Oven
  • Price Per S Q F T: 492.85

Exterior Features

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

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Community Garage, Garage - 1 Car

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate

Association/Amenities

  • Amenities: Assoc Barbecue, Gated Parking, Pool, Spa
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 406.13
  • HOA: Yes

Lot Info

  • Special Zoning: Rent Control
  • Assessor Parcel Number: 5155-012-198
  • Geocode Override: No
  • Lot Size Area: 43252

Multi Family

  • Number Of Units: 200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2020
Closed on
Jun 10, 2020
Sold by
Kim Kevin
Bought by
Park Yang Hee
Seller's Agent
Yongho Rho
Mega Realty
Buyer's Agent
Byung (Jonathan) Kang
J & C Investment Group, Inc
List Price
$400,000
Sold Price
$360,000
Premium/Discount to List
-$40,000
-10%
Current Estimated Value
$443,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,830
Avg. Annual Appreciation
4.01%
Original Mortgage
$288,000
Outstanding Balance
$255,290
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$188,540

Purchase Details

Listed on
Dec 4, 2013
Closed on
Jan 8, 2014
Sold by
Choi Haeng
Bought by
Kim Kevin
Seller's Agent
Bryan Kim
Bosco Realty & Investment
Buyer's Agent
Daniel Lee
One Properties
List Price
$205,000
Sold Price
$210,000
Premium/Discount to List
$5,000
2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%
Original Mortgage
$157,500
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2005
Sold by
Jung Jacklyn
Bought by
Choi Haeng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,600
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2002
Sold by
Hayes Gregory John
Bought by
Jung Jacklyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,150
Interest Rate
6.85%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 12, 1998
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hayes Gregory John

Purchase Details

Closed on
Dec 22, 1997
Sold by
Daniel H Douglas and Federal Home Loan Mortgage Cor
Bought by
Federal Home Loan Mortgage Corporation
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
Park Yang Hee $360,000 Pacific Coast Title Company
Kim Kevin $210,000 Chicago Title Company
Choi Haeng $267,000 Chicago Title Co
Jung Jacklyn -- Chicago Title Co
Hayes Gregory John $38,500 Chicago Title Co
Federal Home Loan Mortgage Corporation $30,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Yang Hee $288,000
Previous Owner Kim Kevin $157,500
Previous Owner Choi Haeng $213,600
Previous Owner Jung Jacklyn $92,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2020 06/18/20 Sold $360,000 -5.0% $468 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
04/20/2020 04/20/20 Price Changed $379,000 -5.3% $493 / Sq Ft
04/13/2020 04/13/20 For Sale $400,000 +11.1% $520 / Sq Ft
04/10/2020 04/10/20 Off Market $360,000 -- --
02/04/2020 02/04/20 For Sale $400,000 +11.1% $520 / Sq Ft
02/03/2020 02/03/20 Off Market $360,000 -- --
01/22/2020 01/22/20 For Sale $400,000 +90.5% $520 / Sq Ft
01/28/2014 01/28/14 Sold $210,000 +2.4% $273 / Sq Ft View Prior Sale
12/13/2013 12/13/13 Pending -- -- --
12/04/2013 12/04/13 For Sale $205,000 -- $267 / 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 $4,717 $393,705 $314,967 $78,738
2024 $4,717 $385,987 $308,792 $77,195
2023 $4,629 $378,420 $302,738 $75,682
2022 $4,414 $371,001 $296,802 $74,199
2021 $4,356 $363,728 $290,983 $72,745
2020 $2,821 $235,382 $155,577 $79,805
2019 $2,708 $230,768 $152,527 $78,241
2018 $2,701 $226,244 $149,537 $76,707
2017 $1 $221,808 $146,605 $75,203
2016 $2,575 $217,460 $143,731 $73,729
2015 $2,535 $214,195 $141,573 $72,622
2014 $1,771 $146,000 $114,000 $32,000
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2020

    Yongho Rho

    RE/MAX

    (213) 276-2202

    2 in this area

    29 Total Sales

    Yongho Rho
    Section Image

  • H

    Seller Co-Listing Agent in 2020

    Helen Rho

    RE/MAX

    (323) 762-2600

    2 in this area

    21 Total Sales

    Helen Rho
    Section Image

  • B

    Buyer's Agent in 2020

    Byung (Jonathan) Kang

    J & C Investment Group, Inc

    (714) 469-4961

    30 Total Sales

    Byung (Jonathan) Kang
    Section Image

  • B

    Seller's Agent in 2014

    Bryan Kim

    Bosco Realty & Investment

    Section Image

  • D

    Buyer's Agent in 2014

    Daniel Lee

    One Properties

    Section Image
See All Agents

About Lafayette Park Towers Condominiums

Map

Source: The MLS

MLS Number: 20-546722

The MLS

APN: 5155-012-198

California Los Angeles County Los Angeles 90057 Westlake

421 S La Fayette Park Place Unit 715, Los Angeles, CA

This home is located at 421 S La Fayette Park Place Unit 715, Los Angeles, CA 90057 since 22 January 2020 and is currently estimated at $443,830, approximately $577 per square foot. This property was built in 1971. 421 S La Fayette Park Place Unit 715 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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