
Los Angeles, California 90012
This Gallery Lofts Live/Work Condominium is a Strong Value Opportunity, listed at $999,000—positioned well above the $897,759 Fair Market Value by -11%. Featuring a Good Condition Rating, this unit offers an authentic industrial aesthetic with 16-foot ceilings, exposed brick, and a 200 sf private patio. While the mezzanine layout limits bedroom privacy, the gourmet kitchen and prime Arts District location provide significant lifestyle appeal. This property is an ideal acquisition for creative professionals or owner-occupants seeking a unique urban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 120 S Hewitt Street 6 Subject | $999,000* List Price | 1 | 2 | 1,582 | $567 | - |
A 108 W 2nd Street Ph1007 Sold | $918,000 | 2 | 1 | 1,700 | $540 | 0.6 mi |
B 130 S Hewitt Street 25 Active | $899,000 List Price | 0 | 2 | 1,326 | $678 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although the structure dates to 1948, this is a high-quality loft conversion in move-in ready condition. The gourmet kitchen features granite countertops and stainless steel appliances, and the 'spa-like' bathrooms appear modern and well-maintained. The presence of polished concrete floors, exposed ductwork for HVAC, and updated electrical fixtures suggests a renovation within the 5-15 year range, fitting the 'Good' criteria for a functional, well-maintained creative space.
The property features soaring 16-foot ceilings, exposed brick walls, and polished concrete floors, delivering the quintessential industrial character highly coveted in the Arts District.
A 200-square-foot private patio provides a unique outdoor sanctuary and convenient direct access to assigned parking, a rare amenity for urban loft living.
The expansive 1,582-square-foot floor plan includes a functional mezzanine level for a home office or gym, offering excellent flexibility for creative professionals.
The monthly association fee of $643.54 is a significant recurring cost that may impact the overall affordability and appeal for budget-conscious buyers.
The open mezzanine configuration of the primary suite offers less acoustic and visual privacy than a traditional enclosed bedroom, potentially limiting the buyer pool.
Welcome to Gallery Lofts, a live work community located in the heart of Arts District. This private oversized loft creates the perfect creative sanctuary for artists, musicians, and other like minded individuals. The expansive living area features soaring 16 foot ceilings, polished concrete flooring, an exposed brick wall, and 200 sf private patio that is not included in the total interior square footage. A rare amenity that offers so many possibilities. Also on the first floor is a spa-like full bath and gourmet kitchen with granite countertops, stainless steel appliances, and plenty of built in storage space. Walk up the floating staircase to the primary with bright en-suite bath, and an an option for extra privacy provided by the sliding barn doors. Before entering the primary there is ample space on the mezzanine for a home office or exercise area overlooking your spacious lower level. Experience all of Arts District's bustling galleries, restaurants, and nightlife. Community features gated security entrances, outdoor atrium, fountains, and a secure mailroom. One assigned parking space with convenient and direct access to the private patio entrance. HOA dues include high speed internet, water, gas, trash, sewer, and community security system.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 2.0 | 1.0 | 61% |
| Square foot | 1,582 | 1,006 | 87% |
| Lot Size | 14,532 | 19,159 | 13% |
| Price | $999.0K | $630.0K | 90% |
| Price per sq ft | $631 | $584 | 55% |
| Built year | 1948 | 1982 | 13% |
| HOA | $643.54 | $821 | 13% |
| Days on market | 11 | 229 | 3% |
Jun 3, 2026
$999,000
Initial Listing
Mar 24, 2017
$850,000
Public Record
Oct 7, 2014
$680,000
Public Record
Oct 4, 2012
$495,000
Public Record