420 S San Pedro Street 224, Los Angeles, California 90013, Los Angeles, 90013 - 1 bed, 1 bath

420 S San Pedro Street 224, Los Angeles, California 90013 home-pic-0
ACTIVE$2,500
420 S San Pedro Street 224, Los Angeles, California 90013
1Bed
1Bath
900Sqft
76,411Lot
Year Built
1922
Close
-
List price
$2,500
Original List price
$2,500
Price/Sqft
$3
HOA
$903
Days on market
-
Sold On
-
MLS number
25585035
Home ConditionFair
Features
Good View: City Lights
Pool
Spa
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $2.5K(5th), sqft - 900(45th), beds - 1(50th), baths - 1(50th).

The light-filled live/work corner loft at the Little Tokyo Lofts has a unique floor plan with distinct spaces without sacrificing the open loft feel. Eleven-foot ceilings, huge windows, hardwood floors, stainless kitchen with oversized island, and defined bedroom area with large walk-in closet. Little Tokyo Lofts was the historic Westinghouse Electric elevator factory, built in the 1920s and converted to condos in 2005. This loft complex includes a year-round heated pool and spa, BBQ area, gym, pet area, 24-hour security, and, most importantly, one assigned parking space and parking for guests in a secure parking structure attached to the building. Great community with a small-town feel. Five-minute walk to the heart of Little Tokyo.

Nearby schools

5/10
Ninth Street School
Public,K-50.7mi
6/10
Hollenbeck Middle School
Public,6-81.9mi
3/10
Belmont Senior High School
Public,9-121.6mi

Price History

Date
Event
Price
08/29/25
Listing
$2,500
11/30/18
Sold
$520,000
05/06/15
Sold
$372,500
10/16/09
Sold
$269,000
Condition Rating
Fair

This property, originally built in 1922, underwent a significant condo conversion in 2005. This places its last major renovation at 19 years ago, aligning with the 'Fair' category's criteria (renovated between 15 to 30 years ago). While the unit features desirable elements like high ceilings, large industrial windows, and hardwood floors that appear well-maintained, the kitchen cabinets (light wood, traditional style) and some bathroom finishes show signs of being stylistically outdated from the 2005 renovation era. The stainless steel appliances and kitchen island are functional updates, but the overall aesthetic of these key areas suggests minor updates would enhance its appeal. The property is move-in ready and well-maintained, but not 'Good' due to the age of the renovation and some dated components.
Pros & Cons

Pros

Versatile Live/Work Design: Unique corner loft with high eleven-foot ceilings, huge windows, hardwood floors, and a modern stainless kitchen with an oversized island, offering distinct spaces without sacrificing the open loft feel.
Extensive Building Amenities: The complex provides a year-round heated pool and spa, BBQ area, gym, pet area, and 24-hour security, enhancing resident lifestyle and convenience.
Secure & Ample Parking: Includes one assigned parking space and additional guest parking in a secure structure attached to the building, a significant advantage in a dense urban area.
Prime Walkable Location: Boasts a five-minute walk to the heart of Little Tokyo, offering excellent access to dining, entertainment, and cultural attractions.
Historic Charm & Community: A converted historic Westinghouse Electric elevator factory (built 1920s, converted 2005) with a 'great community with a small-town feel' within a vibrant urban setting.

Cons

High Monthly Association Fee: The $903 association fee is substantial for a 1-bed, 1-bath unit, significantly impacting the total monthly housing cost.
Open Loft Concept Privacy: While having 'distinct spaces' and a 'defined bedroom area,' the inherent open nature of a loft may offer less privacy compared to traditional enclosed bedroom layouts.
Urban Environment Considerations: Being located in Downtown LA's Little Tokyo, potential buyers should be prepared for typical urban challenges such as noise levels and density.

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