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Backup Offers

525 S La Fayette Park Pl Unit 114, Los Angeles, CA, 90057

$379,000

Home List Price

$4,501*

Closing Credit

1 Bedroom
1 Full Bath
602 SqFt
$630/SqFt
Condo
Schools Nearby

Location

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525 S La Fayette Park Pl Unit 114, Los Angeles$379,000

Buyer Closing Credits

$4,501*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Controlled Entrance, Door-Single, Garage, Community Structure
Year Built1979
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewCity Lights
MLS #24369007
Lot Size0.49 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 525 S La Fayette Park Pl Unit 114

Specious floor plan. 1 bed + 1 bath, 1 parking. Well maintenance. Good investor or for starter home. Low homeowners fee. Granite counter tops with eating bar. Close proximity to Downtown LA, LA Live, Wilshire Blvd., Korea town, Hollywood, and other LA Urban Areas. Close to bus lines and Metro Station. Great Opportunity at a Great Price! Owner is motivated to sell.

Property Details

Property Features

Property Information:

  • Architectural Style: Mediterranean
  • Year Built: 1979
  • Stories: 0
  • Living Area: 602 SqFt

Listing Office:

  • Office Name: Wilshire Metro Realty, Inc.
  • Office Phone: (213) 629-2530
  • Listing Agent: Edward Park

Interior Features

Interior Information:

  • Appliances: Disposal, Microwave, Refrigerator
  • Flooring Type: Laminate
  • Interior: Ceiling Fan(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights

Parking Information:

  • Parking: Assigned, Controlled Entrance, Door-Single, Garage, Community Structure

Lot Features

Lot Information:

  • Lot Size: 0.49 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

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
  • Charles White Elementary School, Public District Grades 1-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: North Of 6th st & La Fayette Park Pl

Price Information

Listing Price Info

Price Summary:

  • List Price: $379,000
  • Price Per SqFt: $630/SqFt

HOA Fees:

  • Amount: $250
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $4,115
  • Tax Year: 2021
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Housing Market Comparison

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

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Los Angeles, CA

City

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

525 S La Fayette Park Pl Unit 114 vs Los Angeles

45 DAYS ON ROCKET

+11 Days

$379,000

-$596.9K Less

$630/SqFt

+$2 More

KEY TAKEAWAY

This property is $596.9K less than the Median Sold Price and $2/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24369007

Listing Office:

  • Office Name: Wilshire Metro Realty, Inc.
  • Office Phone: (213) 629-2530
  • Listing Agent: Edward Park

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: 4/30/2024, 12:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 25, 2018Home Sold
$333,000
Jul 23, 2014Home Sold
$234,000
Dec 24, 1996Home Sold
$13,500

Tax History

YEARPROP. TAXASSESSMENT
2021$4,115$343,178
2020$3,990$339,660
2019$3,030$333,000
2018$2,965$247,162
2017$2,965$242,317

History based on county public records data.

Payment Calculator

$2,209

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,203

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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-3414872
4
/10

  • Charles White Elementary School

  • 2401 Wilshire Blvd

  • 0.32 miles

  • Public District Grades 1-5

school-card-donut-3414873
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 3.83 miles

  • Public Magnet Grades KG-6

school-card-donut-3414874
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 22.37 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-3414875
4
/10

  • Virgil Middle School

  • 152 N Vermont Ave

  • 0.79 miles

  • Public District Grades 6-8

school-card-donut-3414876
4
/10

  • Studio

  • 2211 W Avenue 30

  • 3.87 miles

  • Public District Grades 6-8

High School

school-card-donut-3414877
2
/10

  • Belmont Senior High School

  • 1575 W 2nd St

  • 1.07 miles

  • Public District Grades 9-12

school-card-donut-3414878
1
/10

  • Contreras Learning Center-Los Angeles School of Global St

  • 322 Lucas Ave

  • 1.35 miles

  • Public District Grades 9-12

school-card-donut-3414879
2
/10

  • Contreras Learning Center-School of Social Justice

  • 322 Lucas Ave

  • 1.35 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,132. Residents of Los Angeles, CA typically earn less than $35k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 525 S La Fayette Park Pl Unit 114

What is the listing price of this property?

The listing price of 525 S La Fayette Park Pl Unit 114 property is $379,000.

What type of property is this?

The property 525 S La Fayette Park Pl Unit 114 is a condo located in Los Angeles, California, 90057.

Is this property for sale now?

Accepting Backup Offers: 525 S La Fayette Park Pl Unit 114 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 525 S La Fayette Park Pl Unit 114 are:
Charles White Elementary School: GreatSchools Rating 4/10
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 $4,115 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 25, 2018 for $333,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 525 S La Fayette Park Pl Unit 114 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 525 S La Fayette Park Pl Unit 114 is 602 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 525 S La Fayette Park Pl Unit 114 is 1979.

Rocket Homes›California›Los Angeles County›Los Angeles›90057›525 S La Fayette Park Pl Unit 114

This home is located at 525 S La Fayette Park Pl Unit 114 in Los Angeles, CA and zip code 90057 in the Central LA neighborhood. This 602 square foot home, which was built in 1979, sits on a 0.49 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 15, 2024 and is currently priced at $379,000.

In March 2024 more than 628 listings in Los Angeles, CA were sold above the asking price. During the same period more than 196 listings were sold at asking price, while more than 579 were sold below. Between February 2024 and March 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 10.8%. 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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