
Los Angeles, California 90012
This Arts District Live-Work Loft is a High-Potential Investment Opportunity, listed at $899,000—positioned well above the $794,936 Fair Market Value by -13%. Featuring a Condition Rating of 3, this unit offers an authentic industrial aesthetic with 16-foot ceilings, polished concrete floors, and a 200 sf private patio. While the HOA fees are notable, the versatile mezzanine layout and prime location provide significant lifestyle value. 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 1 bd · 2 ba · 1,582 sqft · $502 | $899,000* List Price | 1 | 2 | 1,582 | $502 | - |
A 108 W 2nd Street 806 Sold 1 bd · 1 ba · 1,200 sqft · $546 · 0.6 mi | $655,000 | 1 | 1 | 1,200 | $546 | 0.6 mi |
B 100 S Alameda Street 149 Sold 2 bd · 2 ba · 1,042 sqft · $614 · 0.1 mi | $640,000 | 2 | 2 | 1,042 | $614 | 0.1 mi |
C 100 S Alameda Street 432 Active 2 bd · 2 ba · 1,187 sqft · $615 · 0.1 mi | $729,900 List Price | 2 | 2 | 1,187 | $615 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This adaptive reuse loft features a modern gourmet kitchen with granite countertops and stainless steel appliances, along with updated spa-like bathrooms. The interior shows high-quality finishes including polished concrete floors and a floating staircase. While the original structure dates to 1948, the conversion and systems (visible modern HVAC ducting) appear to be within the 10-20 year range and are very well-maintained and move-in ready.
The property features soaring 16-foot ceilings, polished concrete flooring, and exposed brick walls, providing the quintessential Arts District loft vibe highly sought after by creative professionals.
A significant 200-square-foot private patio offers a unique urban sanctuary and includes the rare convenience of direct access to the assigned parking space.
With 1,582 square feet of space and a dedicated mezzanine for an office or gym, the floor plan is perfectly optimized for the modern live-work lifestyle.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1582, other record living area = 1501.
The association dues of $643.54 represent a significant recurring monthly expense that may impact the overall affordability for some buyers.
The open mezzanine design and loft configuration may lack the acoustic and visual privacy desired by residents who prefer traditional, fully enclosed bedrooms.
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 | 1,252.996 |
| Lot Size | 14,532 | 26,029.603 |
| Price | $899.0K | $778.5K |
| Price per sq ft | $568 | $629 |
| Built year | 1948 | 1981 |
| HOA | $643.54 | $676 |
| Days on market | 38 | 74 |
Oct 2, 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