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$559,000

Beds
2
Baths
2.0
sq ft
1,060

421 S La Fayette Park Pl Unit 422, Los Angeles, CA 90057

421 S La Fayette Park Pl Unit 422

Los Angeles, CA 90057

  • 69 days on market
Amazing Views from Living Room Balcony and Bedrooms!!! Welcome to this quiet, front-facing home filled with natural light. Catch some fresh air and enjoy the stunning DTLA view while relaxing on the idyllic balcony. This lovingly maintained home was recently painted and features updated new laminated wood floors in the living room and bedrooms. The layout includes 2 totally separated bedrooms and 2 bathrooms. Entertain family and friends or simply delight in the rooftop pool, spa, BBQ area, and spectacular panoramic views that include the Griffith Observatory. This resort-style living boasts a pet-friendly building with a sauna, fitness room, gated parking, and security guards. Residents enjoy peaceful strolls or walks with their dogs in this serene neighborhood. Conveniently located in the desirable mid-city area near downtown, freeways, Silverlake, and USC, there is an abundance of grocery stores, cafes, and fantastic restaurants to explore. Association dues include everything except electricity. Pets allowed. Must see!

Details

Property type

Condominium

Est. home value

$541,001

Lot size

0.9932 acres

Price per sq ft

$528

Year built

1971

Monthly HOA fee

$756.65

Price History

10/14/2024
CRMLS

CRMLS #PW24209707

Listed
$559,000
-2.78%
09/25/2024
CRMLS

CRMLS #PW24110255

Removed
$575,000
06/02/2024
CRMLS

CRMLS #PW24110255

Listed
$575,000
+12.09%

Schools & Community

Neighborhood: 

Westlake

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated, Sidewalks

High school district: 

Los Angeles Unified

Number of units in community: 

178

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$135,841
Asking price
$559,000
Closing costs (~8% of asking)
-$44,720
Est. remaining loan balance
-$378,439
Cash to seller
$135,841

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Emet Lending Group Inc

Loan start date

July 2023

Original loan amount

$384,000

Est. remaining balance

$378,439

Interest rate

6.71%

Loan type

New Conventional, 30 year

Seller

Kwang Hee Kim

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/22/2024 at 3:25 AM

Listing updated: 12/04/2024 at 8:40 PM

Listed by: Jin Yoon, America Realty Los Angeles Phone #: (213) 674-0791

MLS: CRMLS #PW24209707

CRMLS logo

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