420 S San Pedro 402, Los Angeles, California 90013, Los Angeles, 90013 - 0 bed, 1 bath
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Los Angeles, California 90013
This Historic Industrial Loft is a Strong Value Opportunity, listed at $350,000—positioned well below the $352,294 Fair Market Value by 0.65%. This valuation gap offers $2,294 in Instant Equity. Featuring a Good Condition Rating, the unit showcases authentic concrete walls, high ceilings, and a Granite Kitchen. Residents enjoy resort-style amenities including a Pool, Spa, and EV Charging. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a prime, amenity-rich DTLA lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 420 S San Pedro 402 Subject | $350,000* List Price | 0 | 1 | 730 | $483 | - |
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 460 S Spring Street 813 Sold | $450,000 | 1 | 2 | 860 | $523 | 0.4 mi |
D 312 W 5th Street 705 Sold | $355,000 | 1 | 1 | 670 | $530 | 0.5 mi |
E 420 S San Pedro Street 231 Active | $355,000 List Price | 0 | 1 | 790 | $449 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1922, it underwent a major residential conversion approximately 18-20 years ago. The kitchen and bathroom features, including granite countertops, stainless steel appliances, and shaker cabinetry, are well-maintained and fully functional. The unit appears move-in ready with updated systems (HVAC, EV charging) and modern amenities, placing it firmly in the 10-20 year 'Good' category.
Housed in the historic 1922 Westinghouse Electric building, the unit features original concrete walls, exposed structural columns, and dramatic high ceilings that provide a highly desirable, genuine loft aesthetic.
The property offers a resort-style lifestyle with a pool, spa, fitness center, dog run, and the rare DTLA luxury of two secure tandem parking spaces and guard-gated guest parking.
Listed at $350,000, the property is priced significantly below its 2019 sale price of $420,000, offering a compelling entry point and potential for equity growth in a prime Little Tokyo location.
The monthly association fee of $692 is relatively high for a 730-square-foot unit, which may impact the debt-to-income ratio for some buyers and overall monthly affordability.
The 'flex area' layout lacks permanent walls for a dedicated bedroom, which may limit privacy and appeal for buyers seeking a more traditional residential configuration.
Experience authentic loft living in the heart of Downtown Los Angeles. Ideal as a primary residence, creative workspace, or stylish pied-à-terre, this spacious loft offers two expansive flex areas perfect for living, sleeping, dining, or working from home. The open-concept galley kitchen features granite countertops, stainless steel appliances, and ample cabinetry, seamlessly connecting the living spaces. Dramatic high ceilings and oversized casement windows flood the unit with natural light while showcasing striking views of the DTLA skyline. A generously sized full bathroom is thoughtfully designed with access from both living areas. Original concrete walls and exposed structural columns pay homage to the building’s historic roots as the former Westinghouse Electric Company building, circa 1922. Residents of Little Tokyo Lofts enjoy resort-style amenities including a pool, spa, fitness center, dog run, EV charging stations, secure entry, and guard-gated guest parking. The unit includes two tandem parking spaces behind double security gates.
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 | 0.0 | 1.0 | 16% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 730 | 1,140 | 26% |
| Lot Size | 76,411 | 36,291 | 68% |
| Price | $350.0K | $635.0K | 11% |
| Price per sq ft | $479 | $523 | 37% |
| Built year | 1922 | 1923 | 32% |
| HOA | $692.0 | $637 | 58% |
| Days on market | 29 | 222 | 5% |
May 8, 2026
$350,000
Initial Listing
Dec 31, 2019
$420,000
Public Record
Mar 30, 2016
$390,000
Public Record
Mar 15, 2013
$160,000
Public Record
Sep 6, 2007
$408,000
Public Record
Sep 5, 2006
$405,000
Public Record