
Los Angeles, California 90012
This Historic Arts District Loft represents a Strong Value Opportunity, listed at $649,000—positioned well below the $622,196 Fair Market Value by -4%. Featuring a Condition Rating of 3, this unit offers a versatile live/work layout with soaring ceilings and exposed brick in the iconic 1907 Toy Warehouse. With the rare inclusion of two subterranean parking spaces and private storage, this property balances industrial character with modern convenience. It is an ideal acquisition for creative professionals or owner-occupants seeking a dynamic, move-in ready urban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 215 S Santa Fe Avenue 4 Subject | $649,000* List Price | 1 | 1 | 1,217 | $511 | - |
A 100 S Alameda Street 149 Sold | $640,000 | 2 | 2 | 1,042 | $614 | 0.3 mi |
B 100 S Alameda Street 353 Sold | $625,000 | 3 | 2 | 1,176 | $531 | 0.3 mi |
C 222 S Central 242 Sold | $645,000 | 2 | 2 | 1,220 | $529 | 0.3 mi |
D 100 S Alameda Street 453 Active | $699,000 List Price | 3 | 2 | 1,176 | $594 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1907, the unit has been thoughtfully updated for modern living. It features a chef's kitchen with premium stainless steel appliances, modern HVAC systems, and well-maintained hardwood floors. The property is move-in ready and functional, fitting the 5-15 year renovation profile.
Situated in the iconic 1907 Toy Warehouse, this loft features authentic industrial character with soaring ceilings and original exposed brick walls that are highly coveted in the Arts District.
The inclusion of two secured subterranean parking spaces and a private storage unit is a rare and significant value-add for a downtown Los Angeles property.
The 1,217 square foot open-concept floor plan provides exceptional flexibility for creative professionals to customize their space for both residential use and a functional home office.
The association fee of $999 per month is relatively high for a one-bedroom unit, which may impact the overall affordability and debt-to-income ratio for potential buyers.
As a structure dating back to 1907, the property may lack the modern energy efficiency and advanced soundproofing found in newer luxury developments.
Experience authentic Arts District living in this exceptional live/work loft at the iconic 1907 Toy Warehouse, one of Downtown LA's most sought-after historic buildings. Rich in character and thoughtfully updated for modern living, this spacious residence showcases soaring ceilings, exposed original brick walls, and hardwood floors. The open-concept floor plan is ideal for both living and working, offering the flexibility to create, collaborate, entertain, or work from home with ease. The generous chef's kitchen features premium stainless steel appliances, abundant counter space, and seamless flow into the expansive living area. Additional features include in-unit laundry, two secured subterranean parking spaces, and a private storage unitrare amenities in the Arts District. Ideally located in the heart of the Arts District, just moments from Little Tokyo and surrounded by acclaimed restaurants, coffee shops, galleries, boutiques, and vibrant creative spaces, this home offers the perfect blend of historic charm, modern convenience, and the energy of one of Los Angeles' most dynamic neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,217 | 1,243 |
| Lot Size | 24,111 | 24,016 |
| Price | $649.0K | $805.6K |
| Price per sq ft | $533 | $659 |
| Built year | 1907 | 1981 |
| HOA | $999.0 | $684 |
| Days on market | 7 | 71 |
Jul 15, 2026
$649,000
Initial Listing
Apr 22, 2013
$425,000
Public Record
Jun 1, 2004
$441,000
Public Record