420 S San Pedro Street 231, Los Angeles, California 90013, Los Angeles, 90013 - bed, 1 bath
420 S San Pedro Street 231
Los Angeles, California 90013
Property Price
SUMMARY
Analysis of 420 S San Pedro Street 231, Los Angeles, California 90013 is currently available with a list price of $355,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and well-maintained, featuring a modern industrial loft aesthetic. The kitchen is equipped with contemporary stainless steel appliances and dark cabinetry, while the living area boasts polished wooden floors and high ceilings with exposed ductwork. Although the building is historic (built in 1922), the interior finishes, smart built-ins, and overall condition indicate a professional conversion with systems that are functional and within their expected lifespan, requiring no immediate renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Convenience
This unit features a rare oversized parking space located on the same floor and direct access to a private outdoor courtyard, offering a level of accessibility and ease seldom found in DTLA loft buildings.
- Versatile Live/Work Layout
The 790 sqft open-concept space is optimized with high ceilings, smart built-ins, and a space-saving Murphy bed, making it an ideal flexible environment for creative professionals or minimalist living.
- Prime Location & Amenities
Perfectly positioned between Little Tokyo and the Arts District, the building offers premium amenities including 24-hour security, a pool, fitness center, and a dog run, catering to a vibrant urban lifestyle.
CONSRISKS & DEFICIENCIES
- High Carrying Costs
The monthly HOA fee of $803.38 is relatively high in proportion to the $355,000 asking price, which may impact overall affordability and debt-to-income ratios for some buyers.
- Limited External Views
As an interior-facing unit with no designated view, the space lacks the expansive city vistas often sought after in high-rise urban living, relying instead on the internal courtyard for light.
About 420 S San Pedro Street 231
Unit 231 at Little Tokyo Lofts is a rare find: a quiet, interior-facing live/work loft with direct access to one of the building's private outdoor courtyards, an amenity available only on this floor. Soft, even natural light fills the space throughout the day, making it ideal for creative work, photography, or a calm, minimalist home. The loft features smart built-ins, a space-saving Murphy bed, and an open layout that easily transitions from studio to residence. High ceilings, polished wooden floors, and clean architectural lines give the space a modern, flexible character.A major advantage of this unit is its oversized parking space located on the same floor a convenience rarely found in DTLA loft buildings, offering direct, secure, and effortless access. Little Tokyo Lofts offers controlled-access entry, 24-hour security, a pool, Jacuzzi, fitness center, dog run, and multiple outdoor areas. Positioned between Little Tokyo and the Arts District, you're minutes from galleries, museums, dining, and cultural venues. Building well-maintained, HOA includes gas, water, sewer, and trash. Urban energy at your doorstep, with a retreat-like feeling at home.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1922
- Lot Size
- 76,411 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $803.38 / Month
Neighborhood Insights
Los Angeles Unified Schools
Ninth Street School
Grades K-5 • 0.7 mi
Hollenbeck Middle School
Grades 6-8 • 1.9 mi
Belmont Senior High School
Grades 9-12 • 1.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 1.0 | 22% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 790 | 1,080 | 26% |
| Lot Size | 76,411 | 37,045 | 61% |
| Price | $355.0K | $610.0K | 17% |
| Price per sq ft | $449 | $595 | 9% |
| Built year | 1922 | 1923 | 30% |
| HOA | $803.38 | $784 | 52% |
| Days on market | 59 | 211 | 9% |
Pricing History
Listed for Sale
Mar 4, 2026
$355,000
$365,000
-3% Price Drop
Initial Listing
Price Change
Jan 6, 2026
$365,000
Initial Listing
Sold
Sep 19, 2018
$410,000
Public Record
Sold
May 12, 2011
$145,000
Public Record
Sold
Aug 24, 2006
$364,000
Public Record