
Los Angeles, California 90012
This Arts District Live/Work Loft is a Strong Value Opportunity, listed at $899,000—positioned well below the $850,144 Fair Market Value by -5%. Featuring a Condition Rating of 3, this unit offers a gourmet kitchen, soaring 16-foot ceilings, and a rare 200 sf private patio. While the open-concept mezzanine requires specific lifestyle preferences, the industrial character and prime location provide significant long-term appeal. This property is an ideal acquisition for creative professionals or owner-occupants seeking a turnkey, high-style urban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 120 S Hewitt Street 6 Subject | $899,000* List Price | 1 | 2 | 1,582 | $537 | - |
A 108 W 2nd Street Ph1007 Sold | $918,000 | 2 | 1 | 1,700 | $540 | 0.6 mi |
B 222 S Central 242 Sold | $645,000 | 2 | 2 | 1,220 | $529 | 0.2 mi |
C 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.
This is a well-maintained loft conversion featuring a gourmet kitchen with granite countertops and stainless steel appliances. While the building dates to 1948, the interior reflects a modern renovation (likely 10-20 years old) with polished concrete floors, updated electrical/recessed lighting, and functional exposed HVAC ductwork. The unit is move-in ready with no visible deferred maintenance.
The property features soaring 16-foot ceilings, polished concrete floors, and original exposed brick, providing the quintessential Arts District aesthetic highly sought after by creative professionals.
A 200-square-foot private patio with direct access to the assigned parking space is a significant and rare amenity for urban loft living in this area.
The expansive 1,582-square-foot floor plan includes a functional mezzanine for an office or gym, offering the flexibility required for a modern live-work lifestyle.
At approximately $644 per month, the association fees are a substantial recurring cost that may impact the debt-to-income ratio for some perspective buyers.
The open-concept mezzanine design and loft layout offer less acoustic and visual privacy than a traditional walled bedroom, which may not suit all residential needs.
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 |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,582 | 1,243 |
| Lot Size | 14,532 | 24,016 |
| Price | $899.0K | $805.6K |
| Price per sq ft | $568 | $659 |
| Built year | 1948 | 1981 |
| HOA | $643.54 | $684 |
| Days on market | 21 | 71 |
Jul 1, 2026
$899,000
Initial Listing
Mar 24, 2017
$850,000
Public Record
Oct 7, 2014
$680,000
Public Record
Oct 4, 2012
$495,000
Public Record