420 S San Pedro 222, Los Angeles, California 90013, Los Angeles, 90013 - 1 bed, 1 bath
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420 S San Pedro 222
Los Angeles, California 90013
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
1Beds
1Baths
800Sq Ft
76,411Lot Size
Property Price
LIST PRICE$310,000
EST. MARKET VALUE
$345,375
10% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $310,000—positioned well below the $345,375 Fair Market Value by 10%. This valuation gap offers $35,375 in Instant Equity for the buyer. Featuring a Condition Rating of 2 with modern kitchen finishes and in-unit laundry, the property is fully move-in ready. Residents enjoy resort-style amenities including a pool, spa, and fitness center. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a high-amenity urban lifestyle in DTLA.
Estimated Market Value
$345,375+$35,375 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 222 Subject 1 bd · 1 ba · 800 sqft · $432 | $310,000* List Price | 1 | 1 | 800 | $432 | - |
A 312 W 5th Sold 1 bd · 1 ba · 650 sqft · $462 · 0.5 mi | $300,000 | 1 | 1 | 650 | $462 | 0.5 mi |
B 420 S San Pedro Street 421 Active 1 bd · 1 ba · 795 sqft · $421 | $335,000 List Price | 1 | 1 | 795 | $421 | - |
* 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.
While the building was originally constructed in 1922, the unit features a high-end renovation likely completed within the last 5 years. The kitchen is equipped with modern grey and white cabinetry, subway tile backsplash, and stainless steel appliances. The bathroom has been updated with a contemporary vanity and fixtures. The flooring and industrial-style lighting are in mint condition, making the property fully move-in ready with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Value Proposition
Priced at $310,000, this unit represents a highly competitive entry point into the DTLA market, especially considering its previous sales history of $355,000.
- Comprehensive Amenity Package
The property offers a robust suite of resort-style amenities including a pool, spa, fitness center, dog run, 24-hour security, and the rare inclusion of an assigned parking spot.
- Prime Urban Location
Situated at the intersection of Little Tokyo and the Arts District, the condo provides immediate walkable access to some of the city's best dining, entertainment, and cultural hubs.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The association fee of $803 per month is significantly high relative to the listing price, which may impact buyer affordability and overall return on investment.
- Lack of Scenic Views
Despite being a corner unit with good natural light, the property lacks a designated view, which can be a drawback for buyers seeking the typical downtown skyline aesthetic.
About 420 S San Pedro 222
New price of $310,000 makes this Downtown Los Angeles opportunity even more compelling. Enjoy the best of Downtown from this inviting corner 1-bedroom, 1-bath condo. Featuring a kitchen and bathroom with modern finishes, an open layout, in-unit laundry, and a true private bedroom. Enjoy great natural light and resort-style amenities including a pool, spa, fitness center, dog run, 24-hour security, and an assigned parking spot. Just minutes from Little Tokyo, the Arts District, and some of DTLA's best restaurants, coffee shops, and entertainment, this home offers the perfect blend of comfort, convenience, and city living.
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
- $803.0 / 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 | 800 | 1,252.996 |
| Lot Size | 76,411 | 26,029.603 |
| Price | $310.0K | $778.5K |
| Price per sq ft | $388 | $629 |
| Built year | 1922 | 1981 |
| HOA | $803.0 | $676 |
| Days on market | 23 | 74 |
Pricing History
Listed for Sale
Oct 17, 2026
$310,000
Initial Listing
Sold
Sep 7, 2016
$355,000
Public Record
Sold
May 29, 2014
$355,000
Public Record
Sold
Oct 27, 2010
$135,000
Public Record
Sold
Jan 17, 2007
$379,000
Public Record