Downtown L.A. (C42) Homes under $350,000

Downtown L.A. (C42) Homes under $350,000

Welcome to Downtown Los Angeles (C42), a vibrant urban hub where modern living meets rich cultural history. Nestled in the heart of California’s most populous city, this dynamic neighborhood is a melting pot of art, entertainment, and culinary delights. With its iconic skyline, historic architecture, and bustling streets, Downtown L.A. offers a unique lifestyle that attracts residents from all walks of life.

For those seeking affordable housing options, Downtown L.A. presents an exciting opportunity with homes priced under $350,000. This is a rare find in a city known for its high real estate prices, making it an ideal choice for first-time homebuyers, young professionals, and investors looking to capitalize on the area’s growth. From chic lofts in converted warehouses to cozy condominiums with modern amenities, there’s a diverse selection of homes that cater to various tastes and budgets.

Living in Downtown L.A. means being surrounded by world-class attractions. Enjoy a leisurely stroll through the Arts District, catch a show at the historic Orpheum Theatre, or indulge in the culinary scene at Grand Central Market. With convenient access to public transportation, you can easily explore the entire city, from the glamorous streets of Hollywood to the sandy beaches of Santa Monica.

In Downtown L.A., you’ll find not just a home, but a lifestyle filled with excitement and opportunity. Whether you’re looking for a vibrant community or a smart investment, this area has something for everyone. Don’t miss your chance to be part of this thriving neighborhood at an accessible price!

Newest Downtown L.A. (C42) Homes under $350,000

460 S Spring Unit 1008, Los Angeles
$328,000
1 Baths ⋅ BB26213249 MLS
FINAL PRICE REDUCTION + SELLER-PROVIDED HOA FEES! Seller has reduced the price by an additional $20,000 and will pay the buyer’s first year of HOA fees—making this one of the most compelling opportunities currently available in DTLA. Don’t miss this exceptional 10th-floor loft in the iconic Rowan Building, a designated Mills Act property offering potential property tax savings of up to 70% annually. Bright, peaceful, and filled with authentic character, this true LIVE/WORK residence features soaring 10-foot ceilings, distinctive arched architectural details, exposed brick, and an entire wall of oversized industrial windows that flood the space with natural light throughout the day. The open, flexible floor plan is thoughtfully designed for both living and working, with a custom Murphy bed and built-in storage system that easily transforms the space from stylish home to inspiring workspace. Additional features include central heat and air, in-unit laundry, and a spacious bathroom with a deep soaking tub and shower. Residents enjoy an impressive collection of amenities, including a restored historic lobby, 24/7 front desk and security, controlled access, resident lounge, landscaped garden courtyards, plunge pools, BBQ areas, bike storage, and gated covered parking available for an additional monthly fee. Located in the heart of DTLA’s Historic Core, just moments from Grand Central Market, Little Tokyo, Gallery Row, Metro access, acclaimed restaurants, nightlife, and live music venues. Experience authentic Downtown LA loft living with exceptional historic character, modern functionality, and a newly improved value.

460 S Spring Unit 1008, Los Angeles

Listing courtesy of Listing Agent: Philip Robinson (phil.robinson@redfin.com) from Listing Office: Redfin Corporation.

420 S San Pedro Street Unit 327, Los Angeles
$319,000
1 Baths ⋅ 26991899 MLS
Originally built in 1922 as a Westinghouse Electric building, Little Tokyo Lofts brings nearly a century of Los Angeles history into the heart of modern DTLA. Loft #327 preserves the scale and architectural character that make the building distinctive, pairing soaring ceilings and hardwood floors with a spacious, flexible 780-square-foot loft layout designed for contemporary living.The open interior offers plenty of room to create distinct living, dining, working and sleeping spaces while maintaining the volume and openness that define a true loft. A private balcony adds valuable outdoor space, while the kitchen features granite countertops and a full suite of appliances. A stacked washer and dryer are conveniently located inside the residence.Two parking spaces in the building's secure, gated parking structure are an exceptional Downtown convenience, with EV charging available on site. Little Tokyo Lofts also offers on-site management, 24/7 security with an on-site guard and surveillance, controlled building access, a heated pool and spa, fitness center, open-air courtyard and lounge areas, BBQ area and dedicated dog run.The location puts some of Downtown Los Angeles' most dynamic destinations close at hand. Little Tokyo is just blocks away, with the Arts District nearby and an extensive collection of restaurants, coffee shops, galleries, museums, breweries and neighborhood destinations throughout the surrounding area. Nearby Metro access provides additional connections across Downtown and beyond.Historic architecture, high ceilings, private outdoor space, two secure parking spaces and a full collection of building amenities come together in a loft that offers something increasingly hard to find in DTLA: authentic character with the everyday conveniences of a full-service residential building.

420 S San Pedro Street Unit 327, Los Angeles

Listing courtesy of Listing Agent: Crystal Ferris (crystal@pmiangelcity.com) from Listing Office: PMI Angel City.

267 S San Pedro Street Unit 602, Los Angeles
$349,000
1 Beds ⋅ 1 Baths ⋅ 26989843 MLS
Enjoy penthouse-level living at Teramachi, a sought-after 55+ community in the heart of Little Tokyo. This bright one-bedroom, one-bath residence features an open, comfortable floor plan filled with natural light. Floor-to-ceiling sliding glass doors extend the living space onto a generous south-facing private patio, an ideal spot for morning coffee, outdoor dining, or simply taking in the city views. The residence also offers the convenience of central Air/Heat, ample closet space, in-unit laundry and one assigned space in the secured parking garage. Designed around an engaging and comfortable lifestyle, Teramachi offers an impressive collection of amenities. Residents enjoy a beautifully landscaped central courtyard with koi pond, fitness center, sauna, guest lounges, community barbecues, and a two-story multipurpose room complete with its own kitchen for gatherings and events. A 24-hour front desk and security station provides additional peace of mind, while guest parking makes entertaining easy. Beyond the community, some of Downtown Los Angeles' best dining, shopping, cultural attractions, museums, and public transportation are just moments away. With Little Tokyo right outside your door and the Arts District nearby, this residence offers an exceptional opportunity to enjoy one of DTLA's most distinctive neighborhoods while coming home to the comfort and tranquility of Teramachi.

267 S San Pedro Street Unit 602, Los Angeles

Listing courtesy of Listing Agent: David Lukan (info@DavidLukan.com) from Listing Office: Compass.

420 S San Pedro Street Unit 405, Los Angeles
$319,999
1 Baths ⋅ WS26197146 MLS
Experience the best of Downtown Los Angeles loft living in this beautiful residence at Little Tokyo Lofts. Housed within the historic Westinghouse Electric building and thoughtfully converted to condominiums in 2006, this unique home blends industrial character with modern comfort. Soaring 12-FOOT CEILINGS and expansive wall-to-wall casement windows fill the space with NATURAL LIGHTING while offering impressive northern views of Downtown Los Angeles and the San Gabriel Mountains. The OPEN LIVING area features beautiful HARDWOOD FLOORING and GRANITE finishes in the bathroom and kitchen. The home is equipped with a SMART THERMOSTAT, IN-UNIT WASHER and DRYER, and KITCHEN APPLIANCES. One dedicated parking space with EV CHARGER and plenty of GUEST PARKING available. Residents enjoy the convenience and peace of mind of a GATED COMMUNITY, 24-HOUR SECURITY, and a SECURED PARKING structure for both residents and visitors. Little Tokyo Lofts offers exceptional AMENITIES, including a heated garden POOL and SPA, outdoor gas BBQ AREA, courtyard LOUNGE, fitness center, dog run, and concierge services with secure package receiving. The PET-FRIENDLY community is designed for both comfort and convenience, with HOA dues covering WATER, GAS, SEWER, and TRASH. Ideally positioned near Little Tokyo, Gallery Row, the Arts District, Toy District, Fashion District, and Civic Center, with an abundance of restaurants, bars, entertainment, and shopping nearby. Public transportation is also within easy reach, making it convenient to explore all that Downtown Los Angeles has to offer.

420 S San Pedro Street Unit 405, Los Angeles

Listing courtesy of Listing Agent: David Vuu (davidvuu.realty@gmail.com) from Listing Office: eXp Realty of California Inc.

420 S San Pedro Street Unit 231, Los Angeles
$320,000
1 Baths ⋅ 26984961 MLS
The lowest-priced per sqft condo in 90013 and one of Downtown LA's best values. Unit 231 is priced aggressively for a timely sale as the owners relocate back to the East Coast. Located inside the historic Little Tokyo Lofts, originally built for the Westinghouse Electric Company and converted to residences in 2007, this spacious live/work studio combines industrial architecture with a clean, flexible layout made for living, working, and creating. Tucked quietly within the building, the loft features approx. 12-foot ceilings, hardwood floors, white walls, and thoughtful built-in storage for an open, gallery-like feel. Dual entry provides access from both the interior hallway and landscaped courtyard, with a small private outdoor area adjacent to the unit. Stainless steel appliances, Murphy bed, projector, and additional storage are included. Little Tokyo Lofts offers 24-hour gated security, a heated pool and spa, a fitness center, BBQ and lounge areas, a dog run, and bike storage. Unit 231 includes one assigned parking space conveniently located near the elevator, plus approximately 25 guest parking spaces. HOA dues include water, gas, and sanitation. Close to Little Tokyo, the Arts District and Gallery Row, with restaurants, museums, galleries, shopping and entertainment nearby. At this price, Unit 231 offers a rare opportunity to own a distinctive historic loft in Downtown Los Angeles.

420 S San Pedro Street Unit 231, Los Angeles

Listing courtesy of Listing Agent: Alexis Hall (Alexis@alexishall.com) from Listing Office: Alexis Hall.

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Based on information from CRISNet MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.