
Los Angeles, California 90013
This landmark 1922 Art Deco loft represents a High-Potential Investment Opportunity, listed at $589,000—positioned above the $516,289 Fair Market Value. While priced above the current estimate, the unit offers rare 2-car deeded parking and 25 guest spaces in the heart of DTLA. Featuring a Fair Condition Rating, the loft includes 12 ft. ceilings, original industrial columns, and stunning skyline views. This unique asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a historic, amenity-rich urban lifestyle near the Arts District.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 420 S San Pedro Street 410 Subject 0 bd · 1 ba · 920 sqft · $562 | $589,000* List Price | 0 | 1 | 920 | $562 | - |
A 460 S Spring Street 916 Sold 1 bd · 1 ba · 690 sqft · $652 · 0.4 mi | $450,000 | 1 | 1 | 690 | $652 | 0.4 mi |
B 530 S Hewitt Street 224 Sold 1 bd · 1 ba · 1,100 sqft · $595 · 0.5 mi | $655,000 | 1 | 1 | 1,100 | $595 | 0.5 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 460 S Spring Street 1110 Active 1 bd · 1 ba · 900 sqft · $488 · 0.4 mi | $439,000 List Price | 1 | 1 | 900 | $488 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was converted to residential lofts in 2006, making the primary systems and interior renovations approximately 18 years old. While the unit is well-maintained and functional with stainless steel appliances and hardwood floors, the kitchen cabinetry and bathroom finishes are dated to the mid-2000s era, placing it within the 15-30 year renovation bracket for a fair rating.
This landmark 1922 Art Deco loft features 12-foot ceilings, original industrial columns, and oversized steel casement windows that provide stunning West-facing views of the Downtown L.A. skyline.
The property includes two deeded parking spaces and access to 25 on-site guest spaces, an extremely rare and high-value feature for residential buildings in Downtown Los Angeles.
Unlike typical open-concept lofts, this unit offers enclosed bedrooms—including one with custom hidden bookcase doors—providing a versatile layout that balances industrial aesthetics with residential privacy.
The HOA fee of $924.30 per month is significant for a 920-square-foot unit, which may impact the debt-to-income ratio for some buyers and increase overall monthly ownership costs.
With two bedrooms but only one bathroom, the unit's configuration may be a drawback for roommates or families, potentially limiting the buyer pool compared to units with a second bath.
Welcome to a New York-style loft in Downtown LA. The 2-bedroom loft is in a Landmark building. Unique to the Little Tokyo Lofts, the bedrooms are enclosed. The loft features architectural elements such as a semi-open floor plan with an original oversized steel casement window facing West. The window renders a stunning WOW-view of the Downtown L.A. skyline. The loft is a quiet and peaceful retreat from the hustle and bustle of the city. Watch the sunset from the comfort of your living room, kitchen or bedroom. Step into tall gallery walls, hardwood floors, 12 ft. ceilings, exposed beams and original columns. Natural light emanates throughout. One bedroom is enclosed with custom hidden doors disguised as a bookcase. The secret duo-doors add style and function as they open wide blending seamlessly into the semi-open floor plan. The kitchen is fully equipped with stainless steel appliances. The bathroom features a large soaking tub and washer & dryer. Bonus feature: 2 parking spaces on title. In addition, rare for Downtown L.A., there are 25 guest parking spaces on-site. Centrally located and walkable to any neighborhood in DTLA. Building amenities include 24/7 security, an open-air lounge patio, a heated pool and hot tub, barbecue area, fitness room and dog run. Adjacent to Little Tokyo - which is now 1-of-3 remaining historic Japantowns left in the nation. Bordered by the Arts District, an eclectic neighborhood with a diverse range of Michelin star restaurants, concept coffee shops, breweries and world class museums. Exploring the city is easy with a Metro Bike Share Station outside the buildings front doors. Near public transportation and easy access to freeways. The Little Tokyo Lofts is a six-story condominium building. The building stands as a testament to the industrial history of Downtown Los Angeles. Originally constructed in 1922 as the Westinghouse Electric Company, the trademark historic Art Deco building was transformed into residential lofts in 2006, offering a blend of historic charm and modern living. The HOA monthly fee covers water, trash, 24/7 security and maintenance of the common areas.
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 | 0.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 920 | 1,252.996 |
| Lot Size | 76,411 | 26,029.603 |
| Price | $589.0K | $778.5K |
| Price per sq ft | $640 | $629 |
| Built year | 1922 | 1981 |
| HOA | $924.3 | $676 |
| Days on market | 40 | 74 |
Sep 30, 2026
$589,000
Initial Listing
Sep 7, 2018
$530,000
Public Record
Jul 12, 2013
$125,001
Public Record
Sep 18, 2006
$551,000
Public Record