Check Availability
Los Angeles 90026 Rampart Village
415 N La Fayette Park Place
$1,199,000
↓ $95K (7.3%)
Land - For Sale

415 N La Fayette Park Place

Los Angeles, CA 90026
bedrooms
Studio
bathrooms
0 Bath
$5,888
Estimated Monthly
$0
HOA / Fees

About This Property

Opportunity to acquire RD2-zoned lot and RTI plans to develop Four Unit Multifamily property. 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.
Unit Size
-
Days on Market
101 days
Land Size
0.11 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1956
Listed By
Martin Fish
Citivest Realty Services, Inc
Last updated: 3 months ago (MRMLSCA #PW24011687)

Price History

Date / Event Date Event Price
Feb 28, 2024 Price Decreased $1,199,000
↓ $95K (7.3%)
Price Decreased
Feb 14, 2024 Price Decreased $1,294,000
↓ $5K (0.4%)
Price Decreased
Jan 18, 2024 Listed by Citivest Realty Services, Inc. $1,299,000
Listed by Citivest Realty Services, Inc.
Jun 21, 2022 Sold $645,000
Sold
Jun 1, 2022 No longer available -
No longer available
Show More

Property Highlights

Building Details
New Construction

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1968
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,783
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 340
  • Total Building Area: 924
  • Building Area: 924
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 924
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: TEMPLE ST VILLA TR
  • Land Acres: 0.11
  • Legal Description 1: TEMPLE STREET VILLA TRACT LOT 34 AND LOTCOM AT MOST S COR OF LOT 32 BLK B TH N 62 52' W 125 FT TH N 27 27'45 E 8.92 FTTH S 67 11'49 E 104.93 FT TH SE 27.15 FT TO BEG PART OF LOT 32 BLK B

Ownership

  • Current Owner : 415NL PARTNERS LP
  • Previous Owner : WARD ROSEMARY D
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 195802

Zoning

  • Zoning: LARD2

Geography

  • Assessors Map Reference: 35-B6
  • Parcel: 5156-024-001
  • Block: B
  • Lot: 34,32
  • Municipality: WEST /WESTLAKE
  • Latitude: 34.075
  • Longitude: -118.276

    Address

  • Full Address: 415 N La Fayette Park Pl
  • Address - House Number: 415
  • Street Direction: N
  • Address - Street Name: La Fayette Park
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C032
  • 4-Digit Zip Code: 4719
  • Zip Code: 90026

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $705
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.237
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 1,019,897
  • High Value: 1,261,630
  • Low Value: 778,163

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $657,900
  • Assessed Land Value: $632,400
  • Assessed Improvements Value: $25,500

    Sales

  • Current Sale Contract Date: Jun 03, 2022
  • Current Sale Recording Date: Jun 21, 2022
  • Current Sale Transaction ID: 11890744083
  • Current Sale Price: $645,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 646930

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Other
Loft
-
2,660 ft²
$489/ft²
$1,300,000 Jan 9, 2024
-
-
Commercial
Loft
-
1,278 ft²
$935/ft²
$1,195,000 Oct 30, 2023
-
-
House
3 Beds
1 Bath
1,562 ft²
$832/ft²
$1,299,000 Sep 8, 2023
-
-
House
2 Beds
1 Bath
3,058 ft²
$458/ft²
$1,400,000 Jan 4, 2024
-
-
House
3 Beds
1.5 Baths
1,614 ft²
$852/ft²
$1,375,000 Jan 2, 2024
-
-
Multifamily
5 Beds
3 Baths
1,888 ft²
$821/ft²
$1,550,000 Aug 14, 2022
-
-
House
3 Beds
2 Baths
1,248 ft²
$880/ft²
$1,098,000 Apr 20, 2022
-
-

About Central LA


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Frequently Asked Questions

When was property at 415 North La Fayette Park Place built and last sold?
The property at 415 North La Fayette Park Place was built in 1956 and last sold on Jun 3, 2022 for $645,000.
How much is this home worth?
The estimated value of the home located at 415 North La Fayette Park Place is $1,210,990.
What are some comparable homes to 415 North La Fayette Park Place?
Homes that are comparable to 415 North La Fayette Park Place include a other property at 1932 Park Avenue, a commercial property at 316 North Virgil Avenue, a house property at 117 North Dillon Street.

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