About Downtown Los Angeles
Current Prices: $354,000 to $7,000,000
Closed Prices: $328,000 to $5,230,000
Median Sale Price: $590,000
Average $ per sq ft: $830
Association Fee Ranges: $0 to $4200, $180 to $2312/mo
Type: Attached Home (Condo, Townhouse, Loft, etc.), Single-Family Home
Age: 1897 to 2022
Sq. Ft.: 411 to 4250 Sq. Ft.
Bedrooms: 0 to 4 Bedrooms
Bathrooms: 1 to 4 Bathrooms
Lot Size: 0 - 5+ acres
Around Downtown Los Angeles
Upscale loft buildings dominate the housing market in the heart of downtown -- the Financial District that stretches between Grand and Spring Streets from 1st Street down to Olympic Boulevard. Stay close to the action if you want to maximize the walkability of the neighborhood. On the east and south sides of downtown, you will find smaller buildings with fewer units. Many people live in the districts where they work such as creative executives in the Arts District and goldsmiths in the Jewelry District. If you want to run a business out of your home, take note of zoning laws; many units are zoned for both commercial and residential use.
Downtown features some of the finest European-style brasseries and bistros in Los Angeles. While theater fans flock to the latest celebrity chef venture approved by critic Jonathan Gold, residents are more likely to enjoy an upscale burger and beer at a local bar with the Dodgers game on. Food truck malls pop up frequently, with an emphasis on artisan specialties rather than gimmicky fusion fare. For weekday lunches, expect simple but thoughtful efforts in the realm of smoothies, salads, and wraps for the busy office crowds.
Downtown Los Angeles often serves as a landing pad for East Coast transplants seeking an urban environment within California. Young financiers and marketing professionals fill up the stylish gyms and cafes on the ground floor of many buildings. Elsewhere, clothing designers can be seen visiting suppliers and manufacturers while towing a rolling rack of samples behind them. In addition to the mix of business and creative types, downtown is also home to Skid Row, which is home to a sizable homeless population, so be ready for camping tent enclaves on some blocks near the Arts District.
Whether you're exhausted or energized at the end of the week, happy hours will be calling your name in this vibrant neighborhood. Go straight to the source for a pint at one of the local breweries or find a hidden cocktail bar with a speakeasy atmosphere. For dinner, think new wave Italian seafood or plant-based gourmet. Check the calendar at the Orpheum Theatre and other concert venues, or just head to a rooftop bar for elevated street tacos and a cocktail infused with mescal.
Squeeze the most out of your weekend with the permanent street festival surroundings of the Fashion District or a farmers market that practically gives away fresh, local produce. Pershing Square and other small green spaces offer a relaxing space outdoors, while there's also the air conditioned treat of a movie at L.A. Live.
- Good walkability
- Dog watching
- Creative culture
- Cheap parking garages
- Balcony and rooftop views
Locals Don't Love
- Traffic congestion when exiting downtown
- Many businesses and restaurants close early
- Foul odors
Neighborhood Reviews0 Reviews
buyers and sellers in this neighborhood.