ActiveCondominium

244 S La Fayette Park Place 205

Los Angeles, CA, 90057

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$552,000

MLS: 26784631

Beds

2

Baths

2

Sq Ft

947

Lot

0.20 ac

Year Built

1972

MLS #

26784631

Days on Market

21

Listed

Apr 21, 2026

Description

This property is now under auction terms. All Bids must be submitted during the auction period via the property's listing page. Auction ends Wednesday 5/13. This 2-bedroom, 2-bathroom condo is nestled within a charming 15-unit, three-story building in the vibrant Rampart Village neighborhood. Enjoy the convenience of being just moments from Lafayette Park and Recreation Center, perfect for outdoor relaxation, as well as easy access to the U.S. Route 101. Situated just west of Downtown Los Angeles, you'll be close to an array of dining, shopping, and entertainment options. A fantastic opportunity to own in a centrally located condo unit. The property is sold as-is, fully occupied, and sight-unseen/no interior access. Drive by only. Do not disturb. Cash or hard money only. Buyer to sign an "Affidavit of Owner-Occupancy" and "Occupied Property Addendum" with contract. The property is subject to California Civil Code Section 2429p for the first 30 days of marketing (First Look program). Owner occupants are those buyers that will occupy the property as their principal residence within 60 days of close and will maintain their occupancy for at least 1 year. An investor, trust, vacation or part-time residence, or purchasing for another person will be considered an investor and are not eligible for First Look. Investor bids are negotiated on day 31 of listing.

Location

Los Angeles, Los Angeles County, CA 90057

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Listed by: Tiffany Dalgic · Coldwell Banker Realty

Payment estimate

$4,225

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $55,200 · Loan: $496,800

%
Principal & Interest
$3,143
Property tax (1.25%)
$575
Homeowners insurance
$300
Mortgage insurance
$207
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of May 21, 2026

30-year fixed
6.51%
15-year fixed
5.85%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $19,320 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.