420 S San Pedro Street 231, Los Angeles, California 90013, Los Angeles, 90013 - bed, 1 bath

420 S San Pedro Street 231, Los Angeles, California 90013 home-pic-0
ACTIVE$399,500
420 S San Pedro Street 231, Los Angeles, California 90013
0Bed
1Bath
790Sqft
76,411Lot
Year Built
1922
Close
-
List price
$400K
Original List price
$400K
Price/Sqft
$506
HOA
$803.38
Days on market
-
Sold On
-
MLS number
25533329
Home ConditionGood
Features
Pool
Spa
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $399.5K(27th), sqft - 790(41th), beds - undefined(32th), baths - 1(50th).

Welcome to the perfect Artist's space! Discover Unit 231, a creative sanctuary. Soft, gauzy light filters through the windows, creating the ideal atmosphere for artistic work. This dreamy space truly transforms, morphing from a fully equipped photo/video studio to a cozy living area with a simple adjustment, a design that adapts and shifts to meet your changing creative needs. Designed by a fellow creative, this clean, thoughtful space includes everything you need: a space-saving Murphy bed, quality AV equipment for your projects, adjustable lighting for the right mood, and great sound throughout. The loft is situated in the secure heart of the building, with 24-hour security and controlled access, giving you peace of mind while you focus on your work. The assumable portion of the loan makes this more accessible than you might think. Little Tokyo Lofts combines the historic industrial charm of bygone eras with modern design. Sitting on the cusp of Little Tokyo/Skid Row, with the Arts District in one direction and museums and concert venues on the other, this is the perfect launching pad to explore the best DTLA has to offer. Opera, Ballet, Symphony mix with dive bars and alternative venues. The whole gamut is literally at your fingertips. Immerse yourself in the rich cultural tapestry that surrounds you, where every gallery visit, museum exhibition, and live performance feeds your soul and enriches both your life and creative work. Constant exposure to diverse artistic expressions will inevitably transform your perspective and enhance your creative vision. This is where your creative dreams can become a reality.

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
05/02/25
Listing
$399,500
09/19/18
Sold
$410,000
05/12/11
Sold
$145,000
08/24/06
Sold
$364,000
Condition Rating
Good

Despite being built in 1922, this loft has undergone significant modern renovations, making it move-in ready. The kitchen features modern stainless steel appliances and white shaker-style cabinets, and the hardwood floors throughout are in excellent condition. The bathroom is clean and functional, though the sink style is slightly dated, it does not require immediate renovation. The overall aesthetic is clean, thoughtful, and consistent with a modern loft conversion, indicating extensive renovation within the last 5-15 years.
Pros & Cons

Pros

Versatile & Creative Space: Designed as an 'Artist's space' and 'creative sanctuary,' this unit seamlessly transforms from a fully equipped photo/video studio to a cozy living area, appealing to a niche market of creatives.
Prime Downtown LA Location: Situated on the cusp of Little Tokyo and the Arts District, with proximity to museums, concert venues, and diverse cultural attractions, offering a vibrant urban lifestyle.
Building Security & Amenities: The building offers 24-hour security and controlled access, providing peace of mind in an urban environment.
Financial Accessibility: The assumable portion of the loan makes this property more financially accessible, potentially lowering the barrier to entry for buyers.
Thoughtful Interior Design: Features like soft, gauzy light, a space-saving Murphy bed, quality AV equipment, adjustable lighting, and great sound demonstrate a well-considered design for its intended use.

Cons

Proximity to Skid Row: The description explicitly mentions being 'on the cusp of Little Tokyo/Skid Row,' which may be a deterrent for some buyers due to safety concerns and neighborhood perception.
High Association Fee: The monthly association fee of $803.38 is substantial and adds a significant ongoing cost to ownership, potentially impacting affordability and resale.
Open Loft Concept: While ideal for an artist, the open loft layout with a Murphy bed may lack the privacy and traditional bedroom separation desired by a broader range of buyers.

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