420 S San Pedro Street 509, Los Angeles, California 90013, Los Angeles, 90013 - bed, 1 bath
420 S San Pedro Street 509
Los Angeles, California 90013
Property Price
SUMMARY
Analysis of 420 S San Pedro Street 509, Los Angeles, California 90013 is currently available with a list price of $450,000. 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.
This historic loft conversion is move-in ready and well-maintained. While the building dates to 1922, the interior features modern amenities from its mid-2000s renovation, including stainless steel kitchen appliances, stone countertops, hardwood flooring, and updated bathroom fixtures. The unit shows minimal wear and tear, fitting the criteria for a property that is functional and stylish without requiring immediate major renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Historic Industrial Appeal
Built in 1922, this property offers authentic historic character and a loft-style aesthetic that is highly sought after in the Downtown Los Angeles market.
- Prime Urban Location
Situated in the vibrant Little Tokyo/DTLA area, the residence provides exceptional walkability to world-class dining, cultural landmarks, and public transportation.
- Urban View Profile
The unit features desirable city light views, enhancing the living experience with a classic metropolitan backdrop that adds to the property's overall atmosphere.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The monthly association fee of $839.23 is relatively high compared to the purchase price, which may impact the debt-to-income ratio for prospective buyers.
- Modest School Ratings
The assigned public schools, particularly the high school with a rating of 3, may be a concern for families prioritizing educational performance in their home search.
About 420 S San Pedro Street 509
Exceptional opportunity in Los Angeles. This spacious 4-bedroom residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area, the home features a large living area, updated kitchen potential, and a private backyard.
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
- $839.23 / 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 | 870 | 1,080 | 35% |
| Lot Size | 76,411 | 37,045 | 61% |
| Price | $450.0K | $610.0K | 35% |
| Price per sq ft | $517 | $595 | 30% |
| Built year | 1922 | 1923 | 30% |
| HOA | $839.23 | $784 | 65% |
| Days on market | 42 | 211 | 4% |
Pricing History
Listed for Sale
Jan 23, 2026
$450,000
Initial Listing
Sold
Aug 25, 2014
$400,000
Public Record
Sold
Mar 19, 2009
$285,500
Public Record