420 S San Pedro Street 619, Los Angeles, California 90013, Los Angeles, 90013 - 0 bed, 1 bath
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Los Angeles, California 90013
This Industrial Loft Conversion is a Strong Value Opportunity, listed at $599,000—positioned well above the $572,560 Fair Market Value. While the price reflects a premium, the property features a Condition Rating of 3, offering a move-in ready space with 12-foot ceilings and two rare parking spaces. Located between Little Tokyo and the Arts District, this unit provides a high-walkability lifestyle with resort-style amenities. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a unique, character-filled urban residence in Downtown Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 420 S San Pedro Street 619 Subject | $599,000* List Price | 0 | 1 | 980 | $584 | - |
A 530 S Hewitt Street 154 Sold | $635,000 | 1 | 1 | 970 | $655 | 0.5 mi |
B 460 S Spring Street 1013 Sold | $440,206 | 2 | 2 | 860 | $512 | 0.4 mi |
C 312 W 5th Street 218 Sold | $496,000 | 1 | 1 | 1,140 | $435 | 0.5 mi |
D 460 S Spring Street 813 Sold | $450,000 | 1 | 2 | 860 | $523 | 0.4 mi |
E 527 Molino Street 217 Sold | $650,000 | 1 | 1 | 910 | $714 | 0.6 mi |
F 629 Traction Avenue 241 Sold | $750,000 | 2 | 2 | 1,240 | $605 | 0.4 mi |
G 420 S San Pedro Street 410 Active | $589,000 List Price | 2 | 1 | 920 | $640 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1922 industrial loft conversion is well-maintained and move-in ready. The kitchen features functional stainless steel appliances and cabinetry that appear to be from a 10-15 year old renovation. The bathroom has been more recently updated with a modern marble-top vanity and contemporary lighting. The inclusion of an EV charger indicates updated electrical systems, and the overall interior condition is clean and functional.
The inclusion of two dedicated parking spaces is an exceptional and rare find in Downtown Los Angeles, significantly increasing the property's convenience and long-term resale value.
Featuring 12-foot ceilings and a spacious 980-square-foot open layout, this 1922 industrial conversion offers a unique aesthetic and creative volume that modern builds often lack.
Ideally situated between Little Tokyo and the Arts District, the unit offers a high-walkability lifestyle paired with premium building amenities including 24-hour security and a rooftop pool deck.
The monthly association fee of approximately $947 is relatively high, which may impact the overall affordability for some buyers and reduce the net yield for potential investors.
As a studio-style loft, the lack of a partitioned bedroom may limit privacy and appeal to a narrower demographic of buyers compared to traditional one-bedroom configurations.
This one-of-a-kind loft offers a truly unique living experience, located between Little Tokyo and the Arts District. Set within a converted industrial-style building, the residence features approximately 12-foot ceilings and a custom-designed accent wall with striking gold and red details—making this a uniquely remodeled unit full of personality and style. The spacious studio layout offers endless possibilities to create a space that fits your lifestyle. A rare bonus in Downtown LA, the unit includes two parking spaces. Residents also enjoy resort-style amenities, including a pool, spa, open-air courtyard, gated garage parking, 24-hour security, and a rooftop with stunning Downtown skyline views. Experience distinctive loft living that blends character, comfort, and urban convenience. Buyers may qualify for $15K in closing cost assistance and low/no down payment financing due to property location—ask for details.
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 | 980 | 1,243 |
| Lot Size | 76,411 | 24,016 |
| Price | $599.0K | $805.6K |
| Price per sq ft | $611 | $659 |
| Built year | 1922 | 1981 |
| HOA | $947.47 | $684 |
| Days on market | 26 | 71 |
Jun 26, 2026
$599,000
Initial Listing
Feb 6, 2007
$547,000
Public Record