
Los Angeles, California 90013
This Designer Loft represents a Strong Value Opportunity, listed at $489,000—positioned well below the $469,516 Fair Market Value by -4%. While the list price is slightly above the estimated value, the property offers a Condition Rating of 3, featuring a renovated bathroom with TOTO Washlet and two secured parking spaces, a rare commodity in Downtown LA. With its top-floor corner positioning and City Lights views, this residence provides a unique aesthetic for Owner-Occupants or creative professionals seeking a distinctive, move-in ready urban retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 420 S San Pedro Street 619 Subject | $489,000* List Price | 0 | 1 | 980 | $479 | - |
A 460 S Spring Street 1013 Sold | $440,206 | 2 | 2 | 860 | $512 | 0.4 mi |
B 400 S Broadway 1314 Sold | $485,000 | 1 | 1 | 903 | $537 | 0.5 mi |
C 312 W 5th Street 719 Sold | $360,000 | 1 | 1 | 650 | $554 | 0.5 mi |
D 500 Molino Street 206 Sold | $625,000 | 0 | 1 | 1,340 | $466 | 0.6 mi |
E 420 S San Pedro Street 231 Active | $350,000 List Price | 0 | 1 | 790 | $443 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1922, the unit is a well-maintained loft conversion featuring a recently renovated bathroom with high-end TOTO fixtures and a modern rainfall shower. The kitchen is functional and move-in ready, though the cabinetry and mosaic backsplash reflect a slightly older renovation style (approx. 10-15 years). The overall designer finishes and hardwood floors indicate the property has been well-preserved and updated.
As a south-facing corner unit on the top floor, the residence offers superior privacy, abundant natural light, and expansive city light views that are rare in dense urban loft environments.
The inclusion of two secured assigned parking spaces is a significant competitive advantage in Downtown Los Angeles, where parking is often limited and carries a high premium.
The property features high-end renovations, including a sophisticated bathroom with a TOTO Washlet and rainfall shower, offering a turnkey experience with a unique boutique-hotel aesthetic.
The association fee of $947.47 is relatively high for a sub-1,000 square foot unit, which may impact monthly affordability and overall buyer interest.
The dramatic, cinematic designer finishes are highly stylized and specific, which may limit the property's appeal to a narrower segment of buyers or necessitate remodeling for those seeking a neutral palette.
-------*One-of-a-Kind Designer Loft | *Top-Floor Corner Unit | *2 Parking | *Renovated Bath + TOTO Washlet--------- Step into a loft unlike anything else in Downtown Los Angeles. Located on the top (6th) floor of The Tokyo Lofts, this south-facing corner residence offers abundant natural light, exceptional privacy, and two secured parking spaces. Unlike conventional white-box lofts, this approximately 980 sq ft home has been transformed into a dramatic designer residence inspired by European boutique hotels and cinematic interiors. Custom finishes, rich textures, soaring ceilings, and distinctive architectural details create a truly unforgettable living experience. This home may appeal to a buyer who values creativity, individuality, and character—whether for a private residence, an inspiring live/work environment, or a distinctive personal retreat. Features include: • Top-floor sixth-floor location • South-facing corner residence • Approximately 980 square feet • Two secured assigned parking spaces • Renovated bathroom with premium TOTO Washlet • Modern vanity and rainfall shower system • Spacious open floor plan with soaring ceilings • Multiple windows providing abundant natural light • The opportunity to preserve or personalize its unique artistic character This is not simply another Downtown loft. It is a fully realized residence for a buyer seeking something distinctive, memorable, and difficult to duplicate. Whether you choose to preserve its artistic character or personalize it further, this is a home that stands apart from anything else in Downtown LA. Buyers may qualify for up to $15,000 in closing-cost assistance and low- or no-down-payment financing due to the property's location. Eligibility is subject to lender approval. 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 | 1,219.385 |
| Lot Size | 76,411 | 27,236.074 |
| Price | $489.0K | $800.2K |
| Price per sq ft | $499 | $650 |
| Built year | 1922 | 1979 |
| HOA | $947.47 | $685 |
| Days on market | 76 | 72 |
Jul 29, 2026
$489,000
$599,000
-18% Price Drop
Initial Listing
Jun 26, 2026
$599,000
Initial Listing
Feb 6, 2007
$547,000
Public Record