
Los Angeles, California 90013
This Industrial-Style Loft represents a Strong Value Opportunity, listed at $433,000—positioned well below the $415,194 Fair Market Value by -4%. Featuring a Condition Rating of 3, this unit offers a move-in ready aesthetic with soaring ceilings, polished concrete floors, and a sleek kitchen. Located in a landmark 1922 building, it provides exceptional walkability to DTLA landmarks. While the monthly HOA is notable, the property’s historic character and urban accessibility make it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an authentic city lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 420 S San Pedro 529 Subject | $433,000* List Price | 0 | 1 | 790 | $526 | - |
A 312 W 5th Street 719 Sold | $360,000 | 1 | 1 | 650 | $554 | 0.5 mi |
B 460 S Spring Street 1013 Sold | $440,206 | 2 | 2 | 860 | $512 | 0.4 mi |
C 312 W 5th Street 519 Sold | $305,000 | 1 | 1 | 650 | $469 | 0.5 mi |
D 400 S Broadway 1314 Sold | $485,000 | 1 | 1 | 903 | $537 | 0.5 mi |
E 420 S San Pedro Street 231 Active | $350,000 List Price | 0 | 1 | 790 | $443 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building was originally constructed in 1922, the unit features a modern industrial renovation likely performed within the last 10-15 years. The kitchen is well-maintained with stainless steel appliances and granite countertops, and the bathroom features modern fixtures and a soaking tub. The property is move-in ready and functional.
Housed in a 1922 landmark building, this loft features soaring ceilings, polished concrete floors, and oversized factory windows that provide a genuine historic aesthetic highly prized in the Downtown Los Angeles market.
The property boasts an exceptional location with a high walk score, offering immediate access to Whole Foods, Grand Central Market, The Broad, and diverse dining options, making it ideal for car-free city living.
The unit seamlessly blends historic charm with contemporary upgrades, including a sleek kitchen with granite countertops and stainless steel appliances, plus a spacious bathroom featuring a deep soaking tub.
The association fee of $798 per month is significantly high for a 790-square-foot unit, which may deter budget-conscious buyers and impact overall monthly affordability.
The unit features a courtyard view rather than a city skyline vista, which can result in less natural light and reduced privacy compared to exterior-facing units in the building.
Welcome to your new home in the vibrant core of Downtown Los Angeles. This stunning industrial-style loft blends historic character with modern design, featuring soaring ceilings, oversized factory-style windows & polished concrete floors. The open-concept layout offers flexibility to design your perfect live/work space, & original architectural details that echo LA’s rich history. The sleek kitchen is equipped with stainless steel appliances, granite countertops, & custom cabinetry—perfect for entertaining or casual dining. The spacious bathroom includes a deep soaking tub, modern fixtures, & ample storage. Located in a landmark building with secured entry, close proximity to the best of DTLA—walk to restaurants, galleries, bars, Whole Foods, The Broad, Grand Central Market, and more. Easy access to the Metro and major freeways makes commuting a breeze. Whether you're an artist, entrepreneur, or city lover, this loft offers an authentic Los Angeles lifestyle in one of the city’s most sought-after neighborhoods. Welcome to your new home in the vibrant core of Downtown Los Angeles. This stunning industrial-style loft blends historic character with modern design, featuring soaring ceilings, oversized factory-style windows & polished concrete floors. The open-concept layout offers flexibility to design your perfect live/work space, & original architectural details that echo LA’s rich history. The sleek kitchen is equipped with stainless steel appliances, granite countertops, & custom cabinetry—perfect for entertaining or casual dining. The spacious bathroom includes a deep soaking tub, modern fixtures, & ample storage. Located in a landmark building with secured entry, close proximity to the best of DTLA—walk to restaurants, galleries, bars, Whole Foods, The Broad, Grand Central Market, and more. Easy access to the Metro and major freeways makes commuting a breeze. Whether you're an artist, entrepreneur, or city lover, this loft offers an authentic Los Angeles lifestyle in one of the city’s most sought-after neighborhoods.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 1.9 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 790 | 1,219.385 |
| Lot Size | - | 27,236.074 |
| Price | $433.0K | $800.2K |
| Price per sq ft | $548 | $650 |
| Built year | 1922 | 1979 |
| HOA | $798.0 | $685 |
| Days on market | 7 | 72 |
Sep 2, 2026
$433,000
Initial Listing
Apr 18, 2019
$429,000
Public Record
Apr 10, 2015
$335,000
Public Record
Nov 30, 2011
$146,000
Public Record
Sep 28, 2007
$418,000
Public Record