(No pictures available yet)
$459,000
MLS: 26800621
Beds
1
Baths
1
Sq Ft
910
Lot
0.44 ac
Year Built
1910
MLS #
26800621
Days on Market
8
Listed
Apr 24, 2026
Description
Welcome to an incredible opportunity to own a light-filled open loft in the heart of Downtown LA! This stylish flat is perfectly positioned for anyone eager to embrace the vibrant city lifestyle, and happy to roll up the sleeves and do a little light improving. With world-class galleries, acclaimed restaurants, and top entertainment venues just moments from your front door, it is a great mild fixer with upside potential. Step inside and be greeted by soaring ceilings, oversized windows, and an abundance of natural light that fills the versatile open layout. With one spacious bedroom area, the main open concept can be divided into a 2nd bedroom area or office/live-work space and a convenient full bath, this residence is ideal for creatives, professionals, or anyone seeking an inspiring urban retreat. The flexible floor plan is perfect for customizing to fit a unique style, a true light fixer with endless potential for you to add value and personal touches. History lovers and savvy investors alike will appreciate the building's coveted Mills Act approval, providing significant property tax savings while preserving historic charm. Enjoy peace of mind knowing you're investing in an "upside market" with strong potential for future appreciation. Whether you're searching for a chic personal residence, a pied-a-terre, or a promising investment, this centrally-located loft delivers. Live surrounded by LA's buzzing arts scene, stroll to nearby eateries, or catch a show after work this address places you at the epicenter of it all. Don't miss out on this rare DTLA opportunity. Schedule your tour today and discover the lifestyle that awaits you.
Location
Los Angeles, Los Angeles County, CA 90012
Open on Google Maps ↗Listed by: Roxanna Godinez · Compass
Payment estimate
$3,564
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $45,900 · Loan: $413,100
- Principal & Interest
- $2,614
- Property tax (1.25%)
- $478
- Homeowners insurance
- $300
- Mortgage insurance
- $172
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $16,065 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Similar Homes Nearby
Active and pending listings in ZIP 90012 (Los Angeles)within ±10% of this home's price and size.
$419,000
267 S San Pedro Street 211
Los Angeles, 90012
$419,000
267 S San Pedro Street 213
Los Angeles, 90012
$425,000
100 S Alameda Street 142
Los Angeles, 90012
$429,000
267 S San Pedro 315
Los Angeles, 90012
$438,888
108 W 2nd Street 410
Los Angeles, 90012
$450,000
100 S Alameda Street 213
Los Angeles, 90012
Local Market Stats
See Los Angeles, CA 90012 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.
