ActiveCondominium

421 S La Fayette Park 701

Los Angeles, CA, 90057

1 / 22View all 22 photos

$348,000

MLS: LG25240381

Beds

1

Baths

1

Sq Ft

715

Lot

0.99 ac

Year Built

1971

MLS #

LG25240381

Days on Market

189

Listed

Oct 15, 2025

Description

A rare opportunity to own in the heart of Los Angeles at an exceptional value! Top-floor 1BD/1BA condo at La Fayette Park Towers with no neighbors above and beautiful Downtown LA skyline views will make you feel like you’re living in a dream. The key features of this unit are the bright open layout, remodeled kitchen with granite countertops and stainless steel appliances, and a private balcony overlooking the city. The building reflects its era, which is exactly why this property offers one of the most accessible entry points into this central location. Flexible purchase options available, including potential grants, concessions, and solutions to help offset HOA costs or reduce your monthly payment - inquire for details. Enjoy a rooftop pool, spa, gym, sauna, 24-hour security, and gated parking. HOA covers water, gas, and trash. Prime location near Downtown LA, USC, and Koreatown.

Location

Los Angeles, Los Angeles County, CA 90057

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Listed by: Tatyana Reid · Berkshire Hathaway HomeServices California Properties

Payment estimate

$2,717

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $34,800 · Loan: $313,200

%
Principal & Interest
$1,924
Property tax (1.25%)
$363
Homeowners insurance
$300
Mortgage insurance
$131
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Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

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

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 $12,180 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.

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