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

$1,199,000
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
For Sale
$1,199,000 Get Pre-Qualified
Map preview of 415 N La Fayette Park Pl, Los Angeles, CA 90026

Property Overview: 415 N La Fayette Park Pl Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 4,785 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Martin Fish | BRE #01988997 | Citivest Realty Services, Inc
Last checked: 5 minutes ago | Last updated: March 11th, 2024 | Source CRMLS | DOM: 92
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Home details

Lot Sq. Ft
4,785
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Active
MLS#
PW24011687
City
Los Angeles
County
Los Angeles
Time on Site
101 days

Open Houses for 415 N La Fayette Park Pl

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Property Details for 415 N La Fayette Park Pl

Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre, Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Parcel Number: 5156024001
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available
Assessment Information
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: LaFayette Park Place, between Temple St. and meeting at Occidental Blvd.
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 415 N La Fayette Park Pl

Last sold for $645,000 on June 21st, 2022

  • January, 2024

  • Jan 18, 2024

    Date

    Active

    CRMLS: PW24011687

    $1,299,000

    Price

  • May, 2021

  • May 4, 2021

    Date

    Pending

    CRMLS: SR21023069

    $599,900

    Price

  • Apr 28, 2021

    Date

    Price Change

    CRMLS: SR21023069

    $599,900

    Price

  • Apr 28, 2021

    Date

    Active

    CRMLS: SR21023069

    $625,000

    Price

  • Apr 6, 2021

    Date

    Pending

    CRMLS: SR21023069

    $625,000

    Price

  • Mar 21, 2021

    Date

    Price Change

    CRMLS: SR21023069

    $625,000

    Price

  • Mar 20, 2021

    Date

    Active

    CRMLS: SR21023069

    $649,000

    Price

  • Mar 12, 2021

    Date

    Pending

    CRMLS: SR21023069

    $649,000

    Price

  • Mar 11, 2021

    Date

    Price Change

    CRMLS: SR21023069

    $649,000

    Price

  • Feb 27, 2021

    Date

    Price Change

    CRMLS: SR21023069

    $674,000

    Price

  • Feb 27, 2021

    Date

    Active

    CRMLS: SR21023069

    $700,000

    Price

  • Feb 22, 2021

    Date

    Active Under Contract

    CRMLS: SR21023069

    $700,000

    Price

  • Feb 4, 2021

    Date

    Active

    CRMLS: SR21023069

    $700,000

    Price

  • Listing provided courtesy of CRMLS

    BACK ON MARKET! PRICE REDUCTION! Great RENOVATION or INVESTMENT Opportunity! This single-family residence sits on an LARD2 lot. Views of the Hollywood Sign and the Observatory. Fix up the existing home, and build a second unit, or start from scratch by building 2 new units! This is an up and coming area, with lots of new builds on the block. Conveniently located near the 101 Fwy., Downtown L.A., Silver Lake, and public transportation. DRIVE-BY ONLY. Sold "As-is, Where-is". No showings without C.A.R form PEAD-V being submitted and offer with proof of funds, contingent on physical inspection. Buyer shall verify all info by doing their own investigation to their satisfaction. All visitors must practice all social distancing guidelines when viewing the property.

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Tax History for 415 N La Fayette Park Pl

Assessed Value (2020): $48,362
Year Land Value Improved Value Assessed Value
2020 $24,404 $23,958 $48,362

Home Value Compared to the Market

This property vs the competition

415 N La Fayette Park Pl is listed 2.99% lower than the median list price for the city of Los Angeles which has a median list price of $1,236,000.

About 415 N La Fayette Park Pl

Detailed summary of property

415 N La Fayette Park Pl is a land located in Los Angeles, CA 90026 and is currently for sale. This land offers -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 4,785 square foot lot. 415 N La Fayette Park Pl was first listed on ArdentRealEstateGroup.com on January 19, 2024. The homeowner is currently asking $1,199,000 and was originally asking $1,299,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 2.99% lower than the median priced home. Local competing homes currently for sale include 2412 Valley View Dr, 1225 S Harvard Blvd and 2521 Nottingham Ave. While the average home in Los Angeles, CA is selling in 96 days, 415 N La Fayette Park Pl has a days on market of 92 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 415 N La Fayette Park Pl Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 415 N La Fayette Park Pl

Public county record property details
Beds
2
Baths
1
Year built
1956
Sq. Ft.
924
Lot Size
4,783
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
32,34
APN
5156-024-001

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,300,000
Median List Price/Sq.Ft.
$808
Median Sold Price
$940,000
Median Sold Price/Sq.Ft.
$850
Total Inventory
56
Median Sale to List Price %
100.11%
Avg Days on Market
16
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (0%), Other (9.09%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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