
Los Angeles, California 90013
This historic DTLA loft represents a Strong Value Opportunity, listed at a List Price of $455,000—positioned well below the $441,435 Fair Market Value by -3%. Featuring a Condition Rating of 3, this penthouse offers rare private rooftop deck access and City Lights views. While the layout provides a unique urban lifestyle, the property serves as a stable asset for Buy-and-Hold Investors or Owner-Occupants seeking a character-rich, move-in ready residence in the heart of Downtown Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 312 W 5th Street 1112 Subject 1 bd · 1 ba · 890 sqft · $498 | $455,000* List Price | 1 | 1 | 890 | $498 | - |
A 312 W 5th Street 719 Sold 1 bd · 1 ba · 650 sqft · $554 · 0.0 mi | $360,000 | 1 | 1 | 650 | $554 | 0.0 mi |
B 460 S Spring Street 916 Sold 1 bd · 1 ba · 690 sqft · $652 · 0.1 mi | $450,000 | 1 | 1 | 690 | $652 | 0.1 mi |
C 400 S Broadway 1314 Sold 1 bd · 1 ba · 903 sqft · $537 · 0.1 mi | $485,000 | 1 | 1 | 903 | $537 | 0.1 mi |
D 460 S Spring Street 1013 Sold 2 bd · 2 ba · 860 sqft · $512 · 0.1 mi | $440,206 | 2 | 2 | 860 | $512 | 0.1 mi |
E 420 S San Pedro Street 509 Active 1 bd · 1 ba · 870 sqft · $459 · 0.5 mi | $399,000 List Price | 1 | 1 | 870 | $459 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The historic 1923 loft appears well-maintained, functional, and move-in ready. The interior features clean laminate/wood flooring, high concrete ceilings, and large original windows. The kitchen includes stainless steel appliances, and the unit is equipped with central AC. While the kitchen and bathroom styling indicate an older renovation (likely from the mid-2000s conversion), everything is in clean, rentable, or livable condition with no immediate repairs needed.
A rare find in DTLA, this unit features both a private rooftop deck and a separate balcony, offering premier outdoor living and entertaining space with skyline views.
As a top-floor corner unit with no neighbors above, the loft boasts soaring ceilings, original architectural windows, and abundant natural light that preserves its historic character.
Residents benefit from 24/7 security, a rooftop pool, and a fitness center, all while maintaining a relatively low HOA fee of $409 compared to similar luxury lofts in the area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 890, other record living area = 810.
The current list price of $455,000 is nearly 21% lower than its 2020 sale price of $574,000, which may signal localized market volatility or building-specific valuation concerns.
At 890 square feet with a 'separate bedroom area' rather than a fully enclosed suite, the layout may lack the acoustic and visual privacy required by some urban professionals.
This is the DTLA loft you have been waiting for! Perched on the 11th floor, this stunning south-facing corner junior penthouse offers incredible views, soaring ceilings, and an abundance of natural light through huge original windows. The standout feature is your own private rooftop deck, an incredible space to create a personal retreat, entertain guests, or simply take in the Downtown LA skyline. With no unit above and its elevated location, the loft offers a surprising sense of privacy and quiet, while a balcony off the dining area provides even more outdoor space. Inside, you will find a separate bedroom area with walk-in closet, custom office space, large soaking tub, central AC, stainless steel appliances, and washer/dryer hookups. Building amenities include a 24/7 doorman, rooftop pool and spa, community rooftop areas, and fitness center, all with low HOA dues. Amazing views, private outdoor space, and true loft character in the heart of Downtown LA. This one is special!
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 | 890 | 1,252.996 |
| Lot Size | 27,285 | 26,029.603 |
| Price | $455.0K | $778.5K |
| Price per sq ft | $511 | $629 |
| Built year | 1923 | 1981 |
| HOA | $409.0 | $676 |
| Days on market | 46 | 74 |
Sep 24, 2026
$455,000
Initial Listing
Oct 30, 2020
$574,000
Public Record
Oct 16, 2013
$240,000
Public Record
Nov 29, 2005
$500,000
Public Record