420 S San Pedro Street 605, Los Angeles, California 90013, Los Angeles, 90013 - bed, 1 bath
420 S San Pedro Street 605
Los Angeles, California 90013
Property Price
SUMMARY
Analysis of 420 S San Pedro Street 605, Los Angeles, California 90013 is currently available with a list price of $379,000. 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 freshly refinished hardwood floors and updated climate control via a Nest thermostat. While the kitchen and bathroom styles—specifically the wood cabinetry, black countertops, and beige bathroom tiling—reflect a conversion likely completed 15-20 years ago, the components remain functional and in good condition. The unit benefits from high-quality architectural features like 14-foot ceilings and expansive industrial windows that elevate the overall appeal.
PROSSTRENGTHS & OPPORTUNITIES
- Financial Incentives
The property qualifies for a $10,000 grant and $7,500 towards closing costs, providing significant upfront savings for eligible buyers.
- Architectural Volume and Views
This penthouse features soaring 14-foot ceilings and walls of glass that offer stunning panoramic views of the city skyline and snow-capped mountains.
- Superior Parking Assets
Rare for Downtown Los Angeles, the unit includes two deeded parking spaces plus access to 20 guest spots, offering exceptional convenience for residents and visitors.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The association fee of $744.25 is relatively high for a 660-square-foot unit, which may impact the overall affordability and monthly budget for some purchasers.
- Limited Square Footage
At 660 square feet, the compact loft layout may feel restrictive for buyers seeking defined bedrooms or substantial storage space.
- Underperforming Local Schools
The assigned high school has a low rating of 3/10, which could be a deterrent for families or impact long-term resale value to certain demographics.
About 420 S San Pedro Street 605
Perched like a crown jewel atop the iconic Little Tokyo Lofts, this penthouse with walls of glass commands city and snow capped mountain views during the season - QUALIFIES FOR $10K GRANT AND $7,500 TOWARDS CLOSING COSTS. Step into a soaring 14-foot cathedral of light expansive gallery walls flowing seamlessly into a sprawling open loft designed for the ultimate soiree. Sun-drenched, serene, yet pulsing with the heartbeat of the city below. Freshly refinished hardwood floors underfoot, climate perfection via central HVAC + Nest, in-unit laundry because time is currency. The fortress-like building delivers 24/7 security, a fully equipped gym, resort style pool/spa, TWO deeded parking spaces + 20 guest spots, water/gas + fiber-optic included, dual elevators. A short strut lands you at Bavel's fire-kissed Middle Eastern masterpieces, Girl & the Goat's globally-inspired indulgence, or Urth Caff's organic elixir. This isn't just a home it's your private Shangri-La suspended above the city that never sleeps.
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
- $744.25 / 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 | 660 | 1,080 | 17% |
| Lot Size | 76,411 | 37,045 | 61% |
| Price | $379.0K | $610.0K | 17% |
| Price per sq ft | $574 | $595 | 48% |
| Built year | 1922 | 1923 | 30% |
| HOA | $744.25 | $744 | 50% |
| Days on market | 43 | 211 | 4% |
Pricing History
Listed for Sale
Jan 22, 2026
$379,000
Initial Listing
Sold
May 24, 2017
$382,000
Public Record
Sold
Oct 6, 2011
$145,000
Public Record
Sold
Sep 11, 2006
$450,000
Public Record