Downtown Los Angeles Real Estate Market Down – Property Prices Fall: Homes on Sale with $40,000 Price Drops

Little Tokyo Lofts, 420 S San Pedro St #631, Los Angeles, CA 90013

The average condo price has been falling in Downtown Los Angeles or several years. Some loft prices are less than they were 15 years ago. For instance, check out Little Tokyo Lofts top floor unit 631 with a private balcony, fireplace, deeded parking space, free gated guest parking, swimming pool, hot tub spa, fitness room and 24-hour security concierge. The asking price has just been reduced to $369,000. | DETAILS

The most affordable lofts for sale in Downtown L.A. — Get a free list of reduced prices and the best loft deals in Downtown Los Angeles. Fill out the online form:

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24/7 Security Concierge, Guard Gated Free Guest Parking

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, DRE 01889449; MPR Funding Inc NMLS 2000513. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

420 S San Pedro St #631, Los Angeles, CA 90013 OPEN HOUSE Saturday 7/24 at 11:00 AM to 2:00 PM

Little Tokyo Lofts Live/Work Condo with Mills Act Property Tax Benefits For Sale in Downtown Los Angeles

Amazing loft unit in the historic Westinghouse Electric elevator factory. Originally built in the Roaring Twenties, the building was converted into live work residential condominiums in 2006. The loft features high ceilings, large windows with original steel frame, in-unit laundry, and large walk-in closet. Amenities include heated pool, hot tub spa and sun deck, outdoor grills, 24-hour security and a fitness room.

High up on the top floor, get ready to take in the sunshine and blue sky of this bright loft throughout the day, turning into a very cozy fireplace unit in the evening. Great natural light in quiet courtyard with private covered balcony, the unit features an open floor plan with separated bed area, deeded assigned parking space and additional 25 guest parking spaces. 11 ft high ceilings with exposed ductwork and the massive original concrete pillar columns add an industrial character to this loft. The unit also boasts hardwood and concrete floors, in-unit laundry washer and dryer, stainless steel kitchen appliances with gas stove, central air A/C and heat. The historic building is approved for substantial Mills Act property tax benefits. Additional building amenities include electric car chargers, guard gate free guest parking, 24-hour security and a small fitness room with lots of fun workout equipment. A dog run lets you walk your pets without leaving the gated complex. Nice BBQ barbecue grill area, gym, a courtyard and outdoor lounge area with sofas, and a reading library. Little Tokyo Lofts is a peaceful, guarded sanctuary within the bustle of vibrant urban Downtown Los Angeles.

Only a few minutes walk to restaurants, bars, museums and shops in the Historic Core, the Arts District, shopping promenade, museums, art galleries, breweries and famous tasty restaurants like Daikokuya Little Tokyo, Marugame Monzo and Sushi Gen.

Get a list of Mills Act lofts with property tax benefits. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | PopularLuxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, DRE 01889449; MPR Funding Inc NMLS 2000513. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.