
Los Angeles, California 90015
This Versatile Live/Work Loft represents a Strong Value Opportunity, listed at $555,000—positioned well above the $515,517 Fair Market Value by 7%. While the property carries a Fair Condition Rating due to original finishes, its Live/Work Zoning and prime DTLA location near the 2028 Olympic venues offer significant long-term utility. Featuring two reserved parking spaces and a high Walk Score of 93, this unit provides a unique urban lifestyle. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a creative, flexible workspace in the heart of South Park.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1130 S Flower Street 215 Subject 1 bd · 2 ba · 1,260 sqft · $409 | $555,000* List Price | 1 | 2 | 1,260 | $409 | - |
A 1100 S Grand A503 Sold 2 bd · 2 ba · 1,400 sqft · $356 · 0.2 mi | $499,000 | 2 | 2 | 1,400 | $356 | 0.2 mi |
B 1130 S Flower Street 208 Sold 1 bd · 2 ba · 1,260 sqft · $421 · 0.0 mi | $530,000 | 1 | 2 | 1,260 | $421 | 0.0 mi |
C 1111 S Grand Avenue 716 Sold 1 bd · 2 ba · 1,200 sqft · $404 · 0.1 mi | $485,000 | 1 | 2 | 1,200 | $404 | 0.1 mi |
D 1100 S Hope Street 914 Sold 1 bd · 1 ba · 947 sqft · $523 · 0.1 mi | $495,000 | 1 | 1 | 947 | $523 | 0.1 mi |
E 1111 S Grand Avenue 605 Sold 1 bd · 1 ba · 1,100 sqft · $426 · 0.1 mi | $469,000 | 1 | 1 | 1,100 | $426 | 0.1 mi |
F 1155 S Grand Avenue 1103 Sold 1 bd · 2 ba · 1,120 sqft · $513 · 0.1 mi | $575,000 | 1 | 2 | 1,120 | $513 | 0.1 mi |
G 1100 S Grand Avenue 109 Sold 2 bd · 2 ba · 1,150 sqft · $378 · 0.2 mi | $435,000 | 2 | 2 | 1,150 | $378 | 0.2 mi |
H 600 W 9th Street 1216 Sold 2 bd · 2 ba · 1,264 sqft · $494 · 0.3 mi | $625,000 | 2 | 2 | 1,264 | $494 | 0.3 mi |
I 1111 S Grand Avenue 1102 Active 1 bd · 1 ba · 1,100 sqft · $454 · 0.1 mi | $499,900 List Price | 1 | 1 | 1,100 | $454 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003 (21 years old), the property is well-maintained and move-in ready but features original kitchen cabinetry and finishes that are now dated. Per the criteria, properties over 20 years old with original features are rated fair as they typically require minor cosmetic updates.
The property is entitled for both residential and commercial use, featuring a flexible layout with sliding doors ideal for a home office, creative studio, or business.
Boasting a Walk Score of 93 and a Transit Score of 100, the loft is perfectly positioned near LA Live, Crypto.com Arena, and key venues for the upcoming 2028 Olympics.
The sale includes two reserved parking spaces—a rare and valuable asset in Downtown LA—plus an HOA package that covers high-speed internet and entertainment.
The monthly association dues of $1,100 are relatively high, which may affect the monthly carrying costs and overall affordability for potential buyers.
Currently occupied by a tenant on a month-to-month basis, which could present challenges for buyers seeking immediate possession or a seamless move-in process.
A rare opportunity to live, work, and create at Flower Street Lofts in the heart of South Park DTLA. The unit offers the versatility of a building zoned and entitled for live/work use, combining residential comfort with space for a home office, creative studio, or business. A flexible built-in area with sliding doors can accommodate office cubicles, creative workspace, or a home gym. The west-facing living area features floor-to-ceiling windows with views toward Oceanwide Plaza, while the bedroom overlooks the building's open-air common corridor. South Park is positioned near the center of Downtown's Olympic activity in 2028, with nearby Crypto.com Arena designated as an LA28 competition venue. Oceanwide Plaza's court-approved sale process and planned revitalization add to the neighborhood's evolving outlook as Los Angeles prepares for the Games. This pet-friendly building places dining, shopping, fitness, and entertainment within easy reach, including Pine & Crane, South Park Grocery, Prank Bar, Sonoritas, Starbucks, LA Live, the Ritz-Carlton, Whole Foods, and Bottega Louie. Nearby Pico Metro Station enhances connectivity, with a Walk Score of 93 and Transit Score of 100. HOA dues include two reserved parking spaces and a Spectrum internet and entertainment package. Discover a distinctive South Park residence offering flexibility, convenience, and a compelling place to call home. Currently tenant-occupied on a month-to-month basis. Agents: Please see private and showing remarks.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,260 | 1,252.996 |
| Lot Size | 44,583 | 26,029.603 |
| Price | $555.0K | $778.5K |
| Price per sq ft | $440 | $629 |
| Built year | 2003 | 1981 |
| HOA | $1100.0 | $676 |
| Days on market | 33 | 74 |
Oct 7, 2026
$555,000
Initial Listing
Oct 13, 2004
$650,000
Public Record
Oct 29, 2003
$435,000
Public Record