Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

120 S Hewitt Street 6

Los Angeles, CA, 90012

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$999,000

MLS: 26658627

Beds

1

Baths

2

Sq Ft

1,582

Lot

0.33 ac

Year Built

1948

MLS #

26658627

Days on Market

30

Listed

Mar 2, 2026

Description

Welcome to Gallery Lofts, a live work community located in the heart of Arts District. This private oversized loft creates the perfect creative sanctuary for artists, musicians, and other like minded individuals. The expansive living area features soaring 16 foot ceilings, polished concrete flooring, an exposed brick wall, and 200 sf private patio that is not included in the total interior square footage. A rare amenity that offers so many possibilities. Also on the first floor is a spa-like full bath and gourmet kitchen with granite countertops, stainless steel appliances, and plenty of built in storage space. Walk up the floating staircase to the primary with bright en-suite bath, and an an option for extra privacy provided by the sliding barn doors. Before entering the primary there is ample space on the mezzanine for a home office or exercise area overlooking your spacious lower level. Experience all of Arts District's bustling galleries, restaurants, and nightlife. Community features gated security entrances, outdoor atrium, fountains, and a secure mailroom. One assigned parking space with convenient and direct access to the private patio entrance. HOA dues include high speed internet, water, gas, trash, sewer, and community security system.

Location

Los Angeles, Los Angeles County, CA 90012

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Listed by: David Lee Ruest · Keller Williams Realty Los Feliz

Payment estimate

$7,239

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $99,900 · Loan: $899,100

%
Principal & Interest
$5,524
Property tax (1.25%)
$1,041
Homeowners insurance
$300
Mortgage insurance
$375
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Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

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 $34,965 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.

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