Industrial / Loft home in 629 Traction #602 Los Angeles, CA
This Industrial condo in Los Angeles, CA offers 2 bedrooms and 2 bathrooms across 1,430 square feet. The Industrial styling carries through the home's design.
| Price | $935,000 |
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| Beds | 2 |
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| Baths | 2 |
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| Sqft | 1430 |
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| Architectural style | Industrial / Loft (80% match) |
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| Address | 629 Traction #602 Los Angeles, CA 90013 |
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Why buy this home
- Confirmed Industrial / Loft architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced below comparable homes.
- At $935K, this home is 21% below the $1.2M median for 123 similar Industrial / Loft homes in Los Angeles, CA.
- That works out to $654 per square foot, 12% below the $746 comparable rate.
- New to market (4 days), so expect competition.
| This home | $935,000 |
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| Industrial / Loft median in Los Angeles, CA | $1,189,000 (123 homes) |
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| Price per sq ft | $654 vs. $746 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $6,404/month with 20% down at a 7.28% 30-year fixed rate. You would need about $274,437 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $5,118/mo |
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| Property tax (new-buyer reassessed rate) | $935/mo |
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| Homeowners insurance | $351/mo |
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| Total monthly | $6,404/mo |
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| Down payment (20%) | $187,000 |
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| Income needed | $274,437/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C (57 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C (57/100) |
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| Beats renting in | 8% of modeled paths |
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| Modeled 5-yr equity (median) | $404,428 |
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| Range (10th to 90th pct) | $227,893 to $616,304 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Los Angeles, CA where local data is thin.
Local home values
Typical home values in Los Angeles, CA have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Movoto