420 S San Pedro 211, Los Angeles, California 90013, Los Angeles, 90013 - 1 bed, 1 bath
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Los Angeles, California 90013
This Renovated Industrial Corner Loft is a Prime Investment Opportunity, listed at $499,000—positioned well below the $521,908 Fair Market Value by 4%. This valuation gap offers $22,908 in Instant Equity. Featuring an Excellent Condition Rating, the residence boasts 12-foot ceilings, a modern upgraded kitchen, and panoramic skyline views. The property includes rare covered parking plus 25 guest spots and resort amenities. Located near Ninth Street School in the Los Angeles Unified School District, this is a premier choice for urban professionals or first-time buyers seeking a turnkey home in DTLA.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 420 S San Pedro 211 Subject | $499,000* List Price | 1 | 1 | 1,110 | $470 | - |
A 500 Molino Street 309 Sold | $610,000 | 1 | 1 | 1,300 | $469 | 0.6 mi |
B 420 S San Pedro Street 309 Sold | $400,000 | 0 | 1 | 870 | $460 | 0.0 mi |
C 420 S San Pedro Street 422 Sold | $355,000 | 0 | 1 | 750 | $473 | 0.0 mi |
D 416 S Spring Street 505 Sold | $535,000 | 1 | 2 | 1,080 | $495 | 0.4 mi |
E 460 S Spring Street 813 Sold | $450,000 | 1 | 2 | 860 | $523 | 0.4 mi |
F 420 S San Pedro 222 Active | $359,000 List Price | 1 | 1 | 800 | $449 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property is an extensively renovated industrial loft featuring brand-new flooring and a modern, upgraded kitchen with high-quality cabinetry, stone countertops, and stainless steel appliances. Despite the historic 1922 building age, the interior finishes, 12-foot ceilings, and updated bathroom meet current luxury standards with no signs of deferred maintenance, qualifying it for an excellent condition rating based on recent extensive renovations.
This 1,110 sq ft corner loft features soaring 12-foot ceilings and brand-new flooring, offering a voluminous and modern living space with abundant natural light and skyline views.
The unit includes a dedicated covered parking space plus access to approximately 25 guest spots, an exceptional and highly sought-after rarity in the Downtown Los Angeles market.
Residents enjoy a comprehensive amenity package including 24-hour surveillance, a pool, spa, fitness center, and a dog run, ensuring a secure and high-quality urban lifestyle.
The monthly association fee of $950 is significantly high for a property at this price point, which may impact the overall affordability and debt-to-income ratio for potential buyers.
While vibrant, the property's location in a high-density area of DTLA can involve noise and the typical challenges of an urban environment, which may not suit buyers seeking a quieter residential feel.
Spacious 1,000+ sq ft corner loft in the heart of Downtown Los Angeles featuring impressive skyline views and abundant natural light. This industrial-style residence offers soaring 12-foot ceilings, brand-new flooring, and an upgraded kitchen with modern finishes. The open-concept layout provides flexible living space ideal for a variety of lifestyles, with a privately positioned bedroom area for added separation. Located in a gated building with 24-hour surveillance, residents enjoy access to a pool, spa, fitness center, BBQ area, outdoor lounge, and dog run. The unit includes one covered parking space and access to approximately 25 guest parking spots—an uncommon convenience in DTLA. Situated near Gallery Row, The Broad Museum, Grand Central Market, the Arts District, and a wide selection of dining and entertainment options. Convenient access to major transit and freeways. A well-maintained unit offering urban living in one of LA’s most vibrant 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 1,110 | 1,125 | 50% |
| Lot Size | 76,411 | 36,668 | 69% |
| Price | $499.0K | $642.5K | 35% |
| Price per sq ft | $450 | $573 | 8% |
| Built year | 1922 | 1923 | 35% |
| HOA | $950.0 | $761 | 88% |
| Days on market | 58 | 234 | 4% |
Feb 23, 2026
$499,000
Initial Listing
Apr 26, 2023
$478,000
Public Record
Aug 30, 2013
$350,000
Public Record
Nov 6, 2009
$355,000
Public Record