420 S San Pedro St APT 306, Los Angeles, CA 90013

Selling my condo at Little Tokyo Loft in downtown Los Angeles for 1031 purpose. HOA $850/month. Good long-term Tenant occupied since 2022. Currently rented for $2400 monthly with a $2400 security deposit on file. Included Gated parking and amenities. $850 monthly HOA fee. HOA pays gas, water, trash, pool, gym, parking, elevator. Tenant pays electricity. On month-to-month rental contract; tenant's lease will transfer to the new owner. Do not approach or disturb tenant; No showings without an accepted offer. Asking price $500,000, or best offer. Available pictures before the tenant moved in. Will update pictures of the current condition of the condo later. Interested parties please email 14degreesllc@gmail.com The Little Tokyo Lofts is situated near the Arts District on the edge of Skid Row. The unit is on the 3rd floor of the art deco Westinghouse Electric Building. There is 850sf of open floor space available for work/live use. There is 1 full bath with Jack-and-Jill entry. The ceilings are 11 ft high. The windows span the breadth of one whole wall and allow in lots of natural light. A partial view of the city skyline is visible from inside the unit. There is a full service kitchen to entertain guests and the unit comes partially furnished. Common areas include: workout room, pool, hot tub, bbq, bike rack, dog run, a freight elevator, a service elevator and an enclosed lounge and outdoor reading area that provide a feeling of solace in the midst of the grit and grind of the city. There is lots of guest parking and 24 hour on-site security/concierge service. Parking: The unit has 1 dedicated parking within the gated and secure compound. All access requires a FOB key and guests can be granted access into the building via intercom. EV charging stations: Available Local amenities: Metro bikes, walking distance to Arts District, Little Tokyo, Little Tokyo Marketplace, the Metro Gold Line, Downtown L.A., museums, breweries, coffee shops and restaurants. Fifteen minutes to USC and 10 minute to Staple Center by car, or you can take the bus that leaves every 15 minutes from Spring Street. Utilities included: Electricity, water, gas and trash. Tenants are responsible for cable/internet (optional.) Available immediately. Month-to-Month. Renews at the 1st of each month. Tenant(s) must provide 30 day written notice prior to terminating the lease. Lease may be terminated at anytime. Tenant(s) must allow owners access to property for the purpose of viewing the property. Owners will provide tenant(s) with written notice of no less than 48 hours prior to entry. All utilities are included in the rent.