510 S Hewitt, Los Angeles, California 90013, Los Angeles, 90013 - 1 bed, 1 bath
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510 S Hewitt
Los Angeles, California 90013
ACTIVE
CONDITION: GOOD
1Beds
1Baths
930Sq Ft
23,308Lot Size
Property Price
LIST PRICE$649,000
EST. MARKET VALUE
$581,244
11% AboveMARKET VALUE
SUMMARY
This Modern Industrial Loft is a Strong Value Opportunity, listed at $649,900—positioned well below the $658,966 Fair Market Value by 1%. This valuation gap offers $9,066 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit offers a move-in ready aesthetic with soaring ceilings and panoramic skyline views. Located in the heart of the Arts District, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated urban lifestyle.
Estimated Market Value
$581,244
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 510 S Hewitt Subject | $649,000* List Price | 1 | 1 | 930 | $625 | - |
A 530 S Hewitt Street 154 Sold | $635,000 | 1 | 1 | 970 | $655 | 0.1 mi |
B 400 S Broadway 1314 Sold | $485,000 | 1 | 1 | 903 | $537 | 1.0 mi |
C 530 S Hewitt Street 224 Pending | $689,000 List Price | 1 | 1 | 1,100 | $626 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
This industrial loft conversion features well-maintained contemporary finishes consistent with a 10-15 year old renovation. The kitchen and bathroom are functional and stylish with modern fixtures, and the exposed HVAC and electrical systems appear updated and integrated into the design. The property is in move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Arts District Location
Situated in the heart of one of Los Angeles' most trendy and walkable neighborhoods, offering immediate proximity to acclaimed dining, galleries, and nightlife.
- Modern Industrial Aesthetic
The unit features soaring ceilings, expansive windows, and an open-concept layout that perfectly captures the sophisticated industrial loft style sought after in downtown living.
- Competitive Value Proposition
With nearly 1,000 square feet of living space and a recent price reduction, this property offers a more accessible entry point into a high-demand market.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =23308, other record lot size in square feet = 23466. Living area discrepancy between mls listing and other public or private record. mls listing living area = 930, other record living area = 3060. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 1, other record bedroom count = 2.
- High Carrying Costs
The monthly association fee of $595 is relatively high for a one-bedroom unit, which may impact the debt-to-income ratio for some buyers.
- Building Age
Originally constructed in 1966, the building may lack the full suite of modern amenities and energy-efficient infrastructure found in newer luxury developments.
About 510 S Hewitt
PRICED WAY BELOW MARKET VALUE FOR A FAST SALE — FULLY FURNISHED & TURNKEY! Welcome to an exceptional opportunity in the heart of Downtown Los Angeles’ highly sought-after Arts District. Located at 510 S Hewitt St, Unit 316, this striking residence delivers the perfect combination of modern design, industrial character, and effortless urban living — all at a price positioned for a quick sale. Recently upgraded with new contemporary lighting, stylish tile accents, an enhanced kitchen island, and thoughtfully selected décor, this home is being offered fully furnished with everything included, making it truly turnkey from day one. Whether you’re looking for a beautifully finished primary residence, a sophisticated city retreat, or a property ready for immediate occupancy or rental use where permitted, this one stands apart. Step inside to an impressive open-concept loft-style floor plan featuring soaring ceilings, expansive windows, abundant natural light, and contemporary finishes throughout. The spacious living and dining areas flow seamlessly into the sleek kitchen, creating an ideal environment for entertaining, working from home, or simply relaxing in style. The flexible layout combines comfort and functionality while preserving the authentic character and energy that make Arts District living so desirable. Enjoy captivating city surroundings just moments from some of Los Angeles’ most acclaimed restaurants, coffee shops, art galleries, boutiques, entertainment, and nightlife. Convenient access to major freeways, public transportation, and the best of Downtown Los Angeles makes this an outstanding opportunity for buyers seeking location, lifestyle, and value. Beautifully upgraded. Fashionably furnished. Completely turnkey. Priced aggressively below market value for a fast sale. This is elevated Arts District living without the hassle of starting from scratch — just bring your suitcase and move in.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1966
- Lot Size
- 23,308 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $595.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 930 | 1,219.385 |
| Lot Size | 23,308 | 27,236.074 |
| Price | $649.0K | $800.2K |
| Price per sq ft | $698 | $650 |
| Built year | 1966 | 1979 |
| HOA | $595.0 | $685 |
| Days on market | 41 | 72 |
Pricing History
Listed for Sale
Aug 26, 2026
$649,000
$629,000
+3% Price Increase
Initial Listing
Price Change
Aug 21, 2026
$629,000
$639,900
-2% Price Drop
Initial Listing
Price Change
Aug 14, 2026
$639,900
$649,900
-2% Price Drop
Initial Listing
Price Change
Aug 8, 2026
$649,900
$675,000
-4% Price Drop
Initial Listing
Price Change
Jul 30, 2026
$675,000
Initial Listing
Sold
Sep 10, 2012
$395,000
Public Record
Sold
Aug 7, 2007
$517,000
Public Record