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

Welcome to Downtown Los Angeles (C42), where the vibrant pulse of urban life meets the charm of historic architecture. Nestled in the heart of Los Angeles County, this dynamic neighborhood is a tapestry of culture, creativity, and opportunity. As one of the most sought-after locations in California, Downtown L.A. boasts a rich blend of art, entertainment, and culinary delights, all while being surrounded by stunning cityscapes and iconic landmarks.

For those seeking affordable housing options in this bustling metropolis, you’ll be delighted to discover that there are homes available for under $350,000. These hidden gems provide an incredible opportunity for first-time buyers, investors, or anyone looking to embrace the Downtown lifestyle without breaking the bank. Imagine owning a chic studio or a cozy one-bedroom apartment, all within walking distance to trendy cafes, art galleries, and vibrant nightlife.

Living in Downtown L.A. means having access to world-class amenities right at your doorstep. Enjoy leisurely strolls through the historic Arts District, indulge in culinary adventures at the Grand Central Market, or take in a show at the iconic Walt Disney Concert Hall. With its excellent public transportation options and proximity to major freeways, commuting to other parts of Los Angeles is a breeze.

Whether you’re drawn to the energy of the city or the allure of its rich history, Downtown L.A. offers a unique lifestyle that is both exhilarating and accessible. Don’t miss your chance to find your perfect home in this remarkable neighborhood—where urban living meets affordability!

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

267 S San Pedro Street Unit 320, Los Angeles

$349,000

2 Beds ⋅ 2 Baths ⋅ 26997857 MLS ⋅ Active Status

Located in the heart of DTLA's historic Little Tokyo is this interior unit offering a soothing setting. Features include two bedrooms, two full bathrooms, living room and cook's kitchen with granite counter tops, plenty of storage cabinetry & stainless steel appliances. The east facing unit provides lots of natural light, affording sun drenched afternoons. The living room slider leads out to a balcony, with storage closet, providing courtyard and DTLA skyline top views. Additional qualities include central air & heat, full side-by-side washer & dryer and one assigned parking space. Teramachi is a 55+ adult condominium offering a variety of amenities including a central courtyard with koi pond, fitness center, guest lounges, two-story community room, community barbecues, guest parking and 24 hour front desk/security station. Close to Little Tokyo shops & restaurants, Arts District, Grand Central Market, Union Station, Dodger Stadium, Dorothy Chandler Pavilion & Disney Hall. Welcome Home!

267 S San Pedro Street Unit 320, Los Angeles

$328,000

1 Baths ⋅ BB26213249 MLS ⋅ Active Status

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

421 S La Fayette Park Place Unit 726, Los Angeles

$319,000

1 Beds ⋅ 1 Baths ⋅ PW26211205 MLS ⋅ Active Status

Top-floor premium unit with no facing neighbors, offering privacy and elevated views. This beautifully updated 1-bedroom, 1-bath residence near DTLA is within walking distance to Lafayette Park and features a spacious, open-concept floor plan. The home was refreshed in 2024 with new flooring in the living room and bathroom, along with fresh interior paint. Enjoy a bright living and dining area that opens to a private balcony with views of the Hollywood Hills. The open kitchen flows seamlessly into the main living space, perfect for both everyday living and entertaining. Additional highlights include central air conditioning and ample natural light. HOA dues include water, gas, trash, 24-hour security, and an on-site property manager. The unit comes with one gated, assigned parking space. Residents have access to amenities, including an expansive rooftop deck, swimming pool, spa, sauna, BBQ area, and a spacious fitness center. An excellent opportunity to own a move-in-ready home in a prime Los Angeles location.

421 S La Fayette Park Place Unit 726, Los Angeles

420 S San Pedro Street Unit 327, Los Angeles

$319,000

1 Baths ⋅ 26991899 MLS ⋅ Active Status

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

267 S San Pedro Street Unit 602, Los Angeles

$349,000

1 Beds ⋅ 1 Baths ⋅ 26989843 MLS ⋅ Active Status

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

$310,000

1 Beds ⋅ 1 Baths ⋅ 26988223 MLS ⋅ Active Status

Top-floor one-bedroom condo at Library Court, perfectly situated in the heart of Downtown LA's Financial District. This penthouse-level residence offers extra privacy with only one shared wall, high ceilings, and an open, flexible layout. The kitchen features stainless steel appliances, granite countertops, custom cabinetry, and a breakfast bar that flows seamlessly into the living area, ideal for entertaining or working from home. The fully enclosed bedroom offers a quiet retreat and the bathroom includes a granite vanity and a tub/shower combo. Additional conveniences include in-unit laundry and a deeded subterranean parking space. Library Court offers a Zen-style garden courtyard, fitness center, media/game room, business center, rooftop lounge, and 24-hour security. Located moments from the 7th & Hope Metro Station, FIGat7th, The BLOC, Whole Foods, Ralphs, the LA Central Library, and some of Downtown's best restaurants, shopping, and nightlife. HOA requires 30 day minimum for rentals.

630 W 6th Street Unit 613, Los Angeles

421 S La Fayette Park Place Unit 711, Los Angeles

$305,000

1 Beds ⋅ 1 Baths ⋅ 26985187 MLS ⋅ Active Status

Top-floor living with maximum privacy! This bright, airy corner-style home features an open-concept layout with only one shared wall in the living room and zero shared walls in the bedroom. Recently refreshed with contemporary paint, modern light fixtures, and a brand-new electric range. The well-maintained building offers excellent convenience with three elevators and on-site community laundry. Ideally situated just minutes from Downtown LA, Koreatown, and USC, making daily commutes and city dining effortless.

421 S La Fayette Park Place Unit 711, Los Angeles

420 S San Pedro Street Unit 405, Los Angeles

$319,999

1 Baths ⋅ WS26197146 MLS ⋅ Active Status

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

$234,900

1 Baths ⋅ SR26196976 MLS ⋅ Active Status

Welcome to this bright and thoughtfully updated studio in a charming historic Los Angeles building. Filled with natural light, this inviting home features engineered flooring, an updated kitchen with newer appliances, and a full bathroom with a shower/tub combination. Enjoy a welcoming community with a secure courtyard and an impressive array of amenities, including on-site laundry, a library, piano, recreation room, billiards, ping-pong, bike racks, and an exercise room. All utilities are included except cable, adding exceptional convenience and value. Ideally located near the Metro Red Line with easy access to Downtown LA, LA Live, Crypto.com Arena, FIDM, USC, and Loyola Law School. No on-site parking structure; street parking is available, with a private parking facility approximately 900 feet away. Bright, updated, amenity-rich, and centrally located—an excellent opportunity for a Los Angeles buyer seeking convenience, value, and urban accessibility.

2121 James M Wood Unit 110, Los Angeles

210 S La Fayette Park Place Unit 201, Los Angeles

$325,000

1 Beds ⋅ 1 Baths ⋅ 26985019 MLS ⋅ Active Status

Exceptional value in prime Los Angeles! This sun-drenched 1-bedroom home overlooks tree-lined S. Lafayette Park Place, offering the perfect peaceful retreat in the heart of the city. Unwind on your private balcony and take in golden-hour sunsets after a morning walk down the scenic neighborhood street with your dog. Features include a dedicated parking space equipped with an EV charging station. Ideally situated with quick access to Downtown LA, Koreatown, and USC, plus seamless commuting via the 10, 110, and 101 freeways.

210 S La Fayette Park Place Unit 201, Los Angeles

1377 W Imperial Hwy Unit 101, Los Angeles

$50,000

1 Baths ⋅ WS26193909 MLS ⋅ Active Status

1377 W Imperial Hwy Unit 101, Los Angeles

$305,000

1 Beds ⋅ 1 Baths ⋅ 26945999 MLS ⋅ Active Status

Offered at a great price, this home is an excellent value in Downtown LA. Experience modern living in the heart of DTLA at Library Court! Located in the Financial District, this modern one-bedroom condo features an open floor plan with laminate flooring, contemporary lighting, and an enclosed bedroom. The space is cozy, comfortable, and easy to maintain, making it a great home for anyone looking to enjoy simple and convenient city living on their own. The kitchen features granite countertops, stainless steel appliances, a large peninsula, and a modern backsplash that adds a nice pop of color. The living room flows naturally from the kitchen, making it a great space for entertaining or enjoying a cozy and relaxing night at home. The unit also features a spacious bathroom, one underground gated parking space, and an in-unit washer and dryer that were recently replaced and are almost new. Library Court offers great amenities, including an indoor Zen garden, remodeled gym, game room, business lounge, 24/7 security, and concierge service. Conveniently located near the LA Central Library, Pershing Square, Whole Foods, Grand Central Market, Equinox, and many great restaurants and entertainment options. Great location, great amenities, and a great price come see this cozy DTLA home today!

630 W 6th Street Unit 313, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.