ActiveCondominium

1130 S Flower Street 215

Los Angeles, CA, 90015

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$565,000

MLS: 26840781

Beds

1

Baths

2

Sq Ft

1,260

Lot

1.02 ac

Year Built

2003

MLS #

26840781

Days on Market

11

Listed

Jun 5, 2026

Description

Rare Live/Work opportunity in the heart of South Park. One of the few buildings in the neighborhood zoned and fully entitled for live/work use, offering the flexibility to operate a home office or business while enjoying the comfort and convenience of a premier Downtown Los Angeles residence. This thoughtfully designed unit includes a flexible built-in area with sliding doors that can be used as office cubicles for a live/work occupant, adapted for creative or business use, or converted into a home gym depending on lifestyle needs. The west-facing floor plan offers floor-to-ceiling living room windows with views toward Oceanwide Plaza, DTLA's most talked-about stalled megaproject, now the subject of renewed ownership and completion efforts aimed at advancing the project in time for the 2028 Olympics. The bedroom overlooks the building's open-air common area corridor. Located in a pet-friendly building with a Walk Score of 93 and a Transit Score of 100, residents can explore the vibrant neighborhood with ease, including Pine & Crane, Orangetheory Fitness, South Park Grocery, Prank Bar, Culturas, Sonoritas, Starbucks, and more. Plus, you are just moments from Crypto.com Arena, LA Live, the Ritz-Carlton, USC Village, Whole Foods, Bottega Louie, and the Pico Metro Station, making commuting and city living effortless. The HOA includes two reserved parking spaces, as well as a Spectrum package with WiFi internet, basic cable, HBO Max, Showtime, one NVR, and one NR recording. Downtown Los Angeles continues to undergo major transformation in preparation for the 2028 Summer Olympics, with billions invested into new development, infrastructure, and neighborhood upgrades. Come experience the flexibility, convenience, and lifestyle that make South Park one of Downtown LA's most compelling places to live, work, and invest in the future of Los Angeles. The property is currently occupied by a tenant on a month-to-month basis. Agents: Please see private and showing remarks.

Location

Los Angeles, Los Angeles County, CA 90015

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Listed by: Rasmus Ray Lee · Premier Real Estate Broker, Inc.

Payment estimate

$5,421

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $56,500 · Loan: $508,500

%

Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.

$/ mo
Principal & Interest
$3,221
Property tax (1.25%)
$589
Homeowners insurance
$300
Mortgage insurance
$212
HOA dues
$1,100
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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 Jun 11, 2026

30-year fixed
6.52%
15-year fixed
5.84%

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 $19,775 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.

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Local Market Stats

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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

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.