629 Traction Avenue 105
Los Angeles, CA, 90013
$799,000
MLS: P1-25874
Beds
2
Baths
2
Sq Ft
1,280
Lot
—
Year Built
2007
MLS #
P1-25874
Days on Market
51
Listed
Feb 16, 2026
Description
BRING your OFFERS. New Below-Market Price! Rare ground-floor residence with a private balcony and yard--one of the few homes in the building offering direct street access. Enter and exit without passing through the lobby or waiting for elevators. This home also includes two side-by-side parking spaces, providing convenience and flexibility not found in many tandem-parking units. Price drop shows seller is motivated.The single-level layout features a spacious L-shaped living and dining area with custom built-in cabinetry. The kitchen includes stainless-steel Jenn-Air appliances (all included), sleek finishes, and ample counter space. Both bedrooms offer large walk-in closets, and the bathrooms have been thoughtfully updated. A separate laundry room and multiple additional closets enhance the home's functionality.Located on the quieter Hewitt Street side of the community, this residence is part of a well-maintained building with resort-style amenities, including a fitness center, pool, spa, BBQ areas, and peaceful outdoor spaces with water features. The building also provides a 24-hour attended front desk/security.Positioned near the Arts District and Little Tokyo, the home offers close proximity to an exceptional selection of dining, shopping, and cultural destinations, including acclaimed restaurants such as Bestia, Bavel, Manuela, Girl & the Goat, and Wurstkuche, as well as cafes like Blue Bottle and Verve. Nearby breweries include Angel City Brewery and Arts District Brewing Co. Grocery options such as Urban Radish, Whole Foods, and Little Tokyo Marketplace are also within easy reach, along with cultural landmarks including the Geffen Contemporary at MOCA and the Japanese American National Museum.This is a rare opportunity to own a ground-floor home with private outdoor space, direct access, and exceptional convenience in one of Los Angeles's most vibrant neighborhoods.
Location
Los Angeles, Los Angeles County, CA 90013
Open on Google Maps ↗Listed by: Diran A Afarian · Berkshire Hathaway Home Services Golden Properties
Payment estimate
$5,850
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $79,900 · Loan: $719,100
- Principal & Interest
- $4,418
- Property tax (1.25%)
- $832
- Homeowners insurance
- $300
- Mortgage insurance
- $300
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 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 $27,965 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
See Los Angeles, CA 90013 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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