420 S San Pedro 306, Los Angeles, California 90013, Los Angeles, 90013 - 1 bed, 1 bath
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Los Angeles, California 90013
This industrial-style DTLA loft is a Prime Investment Opportunity listed at $415,000—positioned well below the $423,474 Fair Market Value by 2%. This valuation gap offers $8,474 in Instant Equity. Maintaining a Condition Rating of 3, the interior features concrete floors, high ceilings, and expansive city views. The full-service building includes a heated pool, fitness center, and 24-hour security near Little Tokyo. This move-in-ready asset is ideal for urban professionals or first-time buyers seeking a central, high-amenity lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 420 S San Pedro 306 Subject | $415,000* List Price | 1 | 1 | 870 | $484 | - |
A 312 W 5th Street 519 Sold | $305,000 | 1 | 1 | 650 | $469 | 0.5 mi |
B 420 S San Pedro Street 309 Sold | $400,000 | 0 | 1 | 870 | $460 | 0.0 mi |
C 312 W 5th Street 719 Sold | $360,000 | 1 | 1 | 650 | $554 | 0.5 mi |
D 460 S Spring Street 813 Sold | $450,000 | 1 | 2 | 860 | $523 | 0.4 mi |
E 312 W 5th Street 218 Sold | $496,000 | 1 | 1 | 1,140 | $435 | 0.5 mi |
F 420 S San Pedro 222 Active | $355,000 List Price | 1 | 1 | 800 | $444 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although the building was originally constructed in 1922, this industrial-style conversion is well-maintained and move-in ready. It features modern essentials like in-unit laundry, concrete flooring, and updated building systems including a heated pool and fitness center. The unit appears functional and fits the 10-20 year maintenance cycle typical of DTLA loft conversions.
Situated at the intersection of Little Tokyo and the Arts District, the property offers exceptional walkability to top-tier dining, cultural landmarks, and transit hubs.
The building provides a comprehensive lifestyle package including 24-hour security, a heated pool, fitness center, and the rare urban convenience of an assigned parking space.
The unit features highly desirable industrial elements such as high ceilings, concrete floors, and expansive windows that maximize natural light and city views.
The monthly HOA fee of $890 is significant and may impact the debt-to-income ratio for some buyers, despite covering most utilities.
The property is served by schools with lower academic ratings, particularly the local high school, which may limit appeal for families or long-term resale value.
Location, Location, Location! Spacious 1 bed, 1 bath industrial-style condo offering approximately 850 sq ft in Downtown LA! Open layout with high ceilings, concrete floors, in-unit laundry, and expansive windows that frame city views and vibrant Downtown energy with abundant natural light. Full-service building featuring 24-hour security, heated pool & spa, fitness center, dog run, and 1 assigned parking space. HOA covers ALL utilities except electricity, offering added value and convenience. Prime DTLA location adjacent to Little Tokyo and the Arts District, steps from dining, coffee shops, culture, and transit.
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 | 870 | 1,140 | 35% |
| Lot Size | 76,411 | 30,796 | 76% |
| Price | $415.0K | $650.0K | 29% |
| Price per sq ft | $477 | $554 | 29% |
| Built year | 1922 | 1923 | 29% |
| HOA | $890.0 | $588 | 88% |
| Days on market | 44 | 211 | 6% |
Apr 30, 2026
$415,000
Initial Listing