420 S San Pedro Street 421, Los Angeles, California 90013, Los Angeles, 90013 - 1 bed, 1 bath
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420 S San Pedro Street 421
Los Angeles, California 90013
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
795Sq Ft
76,411Lot Size
Property Price
LIST PRICE$335,000
EST. MARKET VALUE
$354,529
5% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $335,000—positioned well below the $354,529 Fair Market Value by 5%. This valuation gap provides $19,529 in Instant Equity. Featuring a Mint Condition Rating with a designer kitchen and rare side-by-side parking, the unit offers immediate lifestyle appeal near Little Tokyo. With premium amenities like a pool and fitness center, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a centrally located, move-in ready residence.
Estimated Market Value
$354,529+$19,529 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 420 S San Pedro Street 421 Subject | $335,000* List Price | 1 | 1 | 795 | $446 | - |
A 312 W 5th Sold | $300,000 | 1 | 1 | 650 | $462 | 0.5 mi |
B 312 W 5th Street 519 Sold | $305,000 | 1 | 1 | 650 | $469 | 0.5 mi |
C 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.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has been recently and extensively remodeled, featuring a designer kitchen with new stainless steel appliances, a fully renovated bathroom with new tile and vanity, and fresh paint and hardwood floors throughout. Although the building dates to 1922, the interior unit condition is mint and reflects a renovation likely completed within the last 5 years.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Interior Upgrades
The unit features extensive recent renovations, including a designer kitchen, hardwood flooring, and a fully updated bathroom, offering a turnkey experience for buyers.
- Rare Dual Parking
Unlike most downtown residences, this unit includes rare side-by-side parking for two vehicles, providing significant convenience and added value in a high-density urban area.
- Prime Urban Location
Situated at the nexus of Little Tokyo and the Arts District, the property offers immediate access to top-tier dining, nightlife, and upcoming infrastructure for the 2028 Olympics.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 795, other record living area = 750.
- High Monthly HOA Fees
The association fee of $726 per month is relatively high for a one-bedroom unit, which may deter budget-conscious buyers or impact overall affordability.
- Historical Value Depreciation
The property is currently listed below its 2016 and 2007 sale prices, indicating a lack of historical appreciation that investors should carefully evaluate.
About 420 S San Pedro Street 421
Priced to sell and offering excellent investment potential! Beautifully remodeled 1-bedroom, 1-bath residence at Little Tokyo Lofts featuring a designer kitchen, hardwood floors, custom bedroom closet cabinetry, fresh paint, updated lighting, a living-room ceiling fan, new washer and dryer, and a renovated bathroom with a new shower, vanity, sink, and tile. Rare side-by-side parking for two vehicles in the building garage. Community amenities include a pool, spa, fitness center, BBQ area, resident lounge, and library. Ideally located near Little Tokyo's acclaimed restaurants and nightlife, with the Arts District's popular dining, breweries, and entertainment just moments away. As Downtown Los Angeles continues to evolve ahead of the 2028 Summer Olympics, this is an exceptional opportunity to purchase a residence at an attractive price, surrounded by entertainment, hospitality, and transportation. Ideal for owner-users, second-home buyers, and investors seeking a centrally located Los Angeles property. Agents: Please see private and showing remarks.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1922
- Lot Size
- 76,411 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $726.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Ninth Street School
Grades K-5 • 0.7 mi
5/10
Hollenbeck Middle School
Grades 6-8 • 1.9 mi
6/10
Belmont Senior High School
Grades 9-12 • 1.6 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 795 | 1,219.385 |
| Lot Size | 76,411 | 27,236.074 |
| Price | $335.0K | $800.2K |
| Price per sq ft | $421 | $650 |
| Built year | 1922 | 1979 |
| HOA | $726.0 | $685 |
| Days on market | 26 | 72 |
Pricing History
Listed for Sale
Aug 14, 2026
$335,000
Initial Listing
Sold
Jul 28, 2016
$347,000
Public Record
Sold
Feb 1, 2007
$404,000
Public Record