
Los Angeles, California 90013
This Spacious Industrial Loft represents a High-Potential Investment Opportunity, listed at $499,000—positioned well below the $517,770 Fair Market Value by 3%. This valuation gap offers $18,770 in Instant Equity. Featuring an Excellent Condition Rating with brand-new flooring and an upgraded kitchen, this unit offers a turnkey lifestyle with panoramic skyline views, a pool, and rare guest parking. While school ratings are modest, the central DTLA location provides unmatched urban convenience. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Spacious 1,110 sq ft DTLA loft with skyline views, upgraded kitchen, and parking. Turnkey condition, priced below market value. Perfect for urban professionals.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 420 S San Pedro 211 Subject 1 bd · 1 ba · 1,110 sqft · $467 | $499,000* List Price | 1 | 1 | 1,110 | $467 | - |
A 400 S Broadway 1314 Sold 1 bd · 1 ba · 903 sqft · $537 · 0.5 mi | $485,000 | 1 | 1 | 903 | $537 | 0.5 mi |
B 500 Molino Street 206 Sold 0 bd · 1 ba · 1,340 sqft · $466 · 0.6 mi | $625,000 | 0 | 1 | 1,340 | $466 | 0.6 mi |
C 460 S Spring Street 1013 Sold 2 bd · 2 ba · 860 sqft · $512 · 0.4 mi | $440,206 | 2 | 2 | 860 | $512 | 0.4 mi |
D 416 S Spring Street 205 Active 1 bd · 2 ba · 1,200 sqft · $465 · 0.4 mi | $558,000 List Price | 1 | 2 | 1,200 | $465 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features brand-new flooring and a recently upgraded kitchen with modern finishes. Although the building was constructed in 1922, the unit itself has undergone recent renovations within the last 5 years, leaving it in mint, move-in ready condition.
This 1,110 sq ft corner loft features soaring 12-foot ceilings and abundant natural light, offering a versatile open-concept layout that is significantly larger than typical one-bedroom units in the area.
The unit includes a dedicated covered parking space and access to approximately 25 guest spots, a highly coveted and uncommon convenience in the heart of Downtown Los Angeles.
Residents benefit from a secure, gated environment with 24-hour surveillance and extensive lifestyle amenities, including a pool, spa, fitness center, and a dedicated dog run.
The monthly association fee of $950 is relatively high for the price point, which may impact buyer affordability and overall return on investment.
The property is served by schools with lower performance ratings, such as Belmont Senior High (rated 3/10), which could limit its appeal to families and affect long-term resale value.
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 |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,110 | 1,252.996 |
| Lot Size | 76,411 | 26,029.603 |
| Price | $499.0K | $778.5K |
| Price per sq ft | $450 | $629 |
| Built year | 1922 | 1981 |
| HOA | $950.0 | $676 |
| Days on market | 60 | 74 |
Sep 10, 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