3 months on rocket

415 N La Fayette Park Pl, Los Angeles, CA, 90026

$1,199,000

0.11 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
ViewNeighborhood
MLS #PW24011687
Lot Size0.11 Acres
StatusActive

About 415 N La Fayette Park Pl

Opportunity to acquire an RD2-zoned lot and RTI plans to develop a Four Unit Multifamily asset. The plans include (2) Duplexes spanning 5,674 GLA and 15 Bed / 15 Baths. Units consist of (2) 5 Bed / 5 Baths, (1) 3 Bed / 2 Baths and (1) 2 Bed / 3 Baths. 415 Lafayette Park Pl offers a unique opportunity in the highly desirable neighborhood of Echo Park. This 4,783 SF site has convenient access to all of Echo park’s entertainment, restaurants, attracations, parks, freeway access and more. The lot has no RSO zoning restrictions and the plans include four large units. Four unit new construction Multifamily is in very high demand as the inventory is low.

Property Details

Property Features

Listing Office:

  • Office Name: Citivest Realty Services, Inc
  • Office Phone: (310) 905-4834
  • Listing Agent: Martin Fish

Exterior Features

Exterior Information:

  • View: Neighborhood

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.11 Acres

School Info

Assigned Schools Information:

  • Belmont Senior High School, Public District Grades 9-12
  • Contreras Learning Center-Los Angeles School of Global St, Public District Grades 9-12
  • Contreras Learning Center-School of Social Justice, Public District Grades 9-12
  • Virgil Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Rosemont Avenue Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: LaFayette Park Place, between Temple St. and meeting at Occidental Blvd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,199,000

Tax Information:

  • Annual Amount: $3,579
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

415 N La Fayette Park Pl vs Los Angeles

100 DAYS ON ROCKET

+66 Days

$1,199,000

+$223K More

KEY TAKEAWAY

This property is $223K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24011687

Listing Office:

  • Office Name: Citivest Realty Services, Inc
  • Office Phone: (310) 905-4834
  • Listing Agent: Martin Fish

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 3:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,579$48,862
2020$3,559$48,362
2019$3,561$47,415
2018$3,549$46,486
2017$3,549$45,576

History based on county public records data.

Payment Calculator

$6,052

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,661

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2356951
5
/10
  • Rosemont Avenue Elementary School

  • 421 Rosemont Ave

  • 0.39 miles

  • Public District Grades KG-5

school-card-donut-2356952
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 4.03 miles

  • Public Magnet Grades KG-6

school-card-donut-2356953
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 22.50 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-2356954
4
/10
  • Virgil Middle School

  • 152 N Vermont Ave

  • 0.81 miles

  • Public District Grades 6-8

school-card-donut-2356955
4
/10
  • Studio

  • 2211 W Avenue 30

  • 3.03 miles

  • Public District Grades 6-8

High School

school-card-donut-2356956
2
/10
  • Belmont Senior High School

  • 1575 W 2nd St

  • 1.15 miles

  • Public District Grades 9-12

school-card-donut-2356957
1
/10
  • Contreras Learning Center-Los Angeles School of Global St

  • 322 Lucas Ave

  • 1.47 miles

  • Public District Grades 9-12

school-card-donut-2356958
2
/10
  • Contreras Learning Center-School of Social Justice

  • 322 Lucas Ave

  • 1.47 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,154. The majority of Los Angeles, CA residents have income between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 415 N La Fayette Park Pl

What is the listing price of this property?

The listing price of 415 N La Fayette Park Pl property is $1,199,000.

What type of property is this?

The property 415 N La Fayette Park Pl is land located in Los Angeles, California, 90026.

Is this property for sale now?

Active Listing: 415 N La Fayette Park Pl is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 415 N La Fayette Park Pl are:
Rosemont Avenue Elementary School: GreatSchools Rating 5/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Virgil Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Belmont Senior High School: GreatSchools Rating 2/10
Contreras Learning Center-Los Angeles School of Global St: GreatSchools Rating 1/10
Contreras Learning Center-School of Social Justice: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,579 (source: MLS/based on county public records data).

How much acreage is this property?

The property 415 N La Fayette Park Pl is 0.11 acres.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles90026415 N La Fayette Park Pl

This home is located at 415 N La Fayette Park Pl in Los Angeles, CA and zip code 90026 in the Central LA neighborhood. This home sits on a 0.11 acre lot. It has been listed on Rocket Homes since January 19, 2024 and is currently priced at $1,199,000.

In March 2024, from all listings sold in Los Angeles, CA there were more than 628 sold above asking price, over 579 sold below and more than 196 were sold right at the asked price. In March 2024 in Los Angeles, CA there were 10.8% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $975,970, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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