ActiveCondominium

421 S La Fayette Park Place 515

Los Angeles, CA, 90057

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$350,000

MLS: 26666099

Beds

1

Baths

1

Sq Ft

769

Lot

0.99 ac

Year Built

1971

MLS #

26666099

Days on Market

23

Listed

Mar 18, 2026

Description

Welcome to this charming and well-maintained home in the heart of Koreatown, offering a spacious interior with a functional open layout that feels both comfortable and practical for everyday living. Natural light fills the unit, creating a bright and inviting atmosphere, while the private balcony provides a perfect spot to relax and unwind. Residents can enjoy a range of community amenities, including a pool, spa, gym, and recreational areas. HOA dues include water and gas, adding extra value and convenience. Conveniently located between Koreatown and Downtown LA, you'll have easy access to great restaurants, markets, shopping, and major transportation, making daily errands and commuting a breeze. A wonderful opportunity to enjoy easy and vibrant city living in one of LA's most desirable neighborhoods.

Location

Los Angeles, Los Angeles County, CA 90057

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Listed by: Kyung Li Kim · Dream Realty & Investments Inc

Payment estimate

$2,731

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $35,000 · Loan: $315,000

%
Principal & Interest
$1,935
Property tax (1.25%)
$365
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 $12,250 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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