
Los Angeles, California 90013
This Authentic Industrial Loft represents a Strong Value Opportunity, listed at $689,000—positioned well below the $724,307 Fair Market Value by 4%. This valuation gap offers $35,307 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit is move-in ready with modern finishes and access to premium amenities like a heated pool and fitness center. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a vibrant, design-forward lifestyle in the Arts District.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 530 S Hewitt Street 224 Subject | $689,000* List Price | 1 | 1 | 1,100 | $658 | - |
A 530 S Hewitt Street 154 Sold | $635,000 | 1 | 1 | 970 | $655 | 0.0 mi |
B 629 Traction Avenue 241 Sold | $750,000 | 2 | 2 | 1,240 | $605 | 0.4 mi |
C 527 Molino Street 217 Sold | $650,000 | 1 | 1 | 910 | $714 | 0.0 mi |
D 530 S Hewitt Street 455 Active | $835,000 List Price | 1 | 2 | 1,140 | $732 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, this 17-year-old property falls within the 10-20 year age bracket. It is well-maintained and move-in ready, featuring newer wood flooring and functional, modern bathroom finishes that align with the industrial loft aesthetic.
The loft showcases original 1920s wood beams, concrete elements, and high ceilings, providing a highly sought-after aesthetic that perfectly captures the historic charm of the Arts District.
Residents have access to a resort-style rooftop featuring a heated pool, spa, private cabanas, and a fitness center, complemented by 24/7 on-site security and gated parking.
Situated directly across from Arts District Park and steps away from top-tier dining, galleries, and Metro stations, the property offers exceptional walkability and lifestyle convenience.
The unit overlooks an interior courtyard rather than the city skyline, which may result in less natural light and a more enclosed feel compared to exterior-facing units.
The association fee of $648.27 is relatively high for a one-bedroom unit, which could impact the overall affordability and appeal for budget-conscious buyers.
Experience authentic Arts District living in this beautifully staged industrial live/work loft, where timeless architectural character meets modern comfort. Showcasing authentic 1920s wood beams and posts, concrete, and wood beam ceilings, and an open-concept layout, this residence celebrates the building's rich industrial heritage while offering a warm, inviting atmosphere. Updated with newer wood flooring and overlooking the tranquil interior courtyard, the open floor plan creates a seamless flow between living, dining, and workspaces while maintaining distinct areas for everyday living. The cozy, light-filled interior is the perfect blend of urban sophistication and relaxed comfort. Residents enjoy one gated, attached covered parking space and 24/7 on-site security for added convenience and peace of mind. The resort-style rooftop is an exceptional extension of the home, featuring a heated pool and spa, private cabanas, BBQ areas, fire pits, and a fully equipped fitness center. Ideally situated directly across from Arts District Park and just moments from some of Downtown LA's most celebrated restaurants, coffee shops, galleries, museums, and boutique retailers, this prime location also offers easy access to Metro and train stations as well as major freeways. Discover design-forward urban living in one of Downtown LA's most vibrant and sought-after neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,100 | 1,243 |
| Lot Size | 17,383 | 24,016 |
| Price | $689.0K | $805.6K |
| Price per sq ft | $626 | $659 |
| Built year | 2007 | 1981 |
| HOA | $648.27 | $684 |
| Days on market | 22 | 71 |
Jun 30, 2026
$689,000
Initial Listing