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Downtown LA

Downtown LA

Urban Core Neighborhood in Los Angeles, California

Los Angeles County 90012, 90013, 90015, 90021

$720,739 Average Value
$703 Average Price per Sq Ft
283 Homes For Sale

Walkable downtown in the heart of Los Angeles

In notoriously unwalkable Los Angeles, Downtown LA is one of the few areas where residents might live without a car. Here in the cultural and financial heart of America's second-largest city, residents have world-class shops, restaurants, museums and entertainment venues — all within walking distance. Those allures weren’t always there, though. “When I moved here in 2002, we didn’t have a bonified, walkable downtown. Now we do,” says Bill Cooper, a manager with Coldwell Banker Exclusive that specializes in Downtown Los Angeles. He’s been the president of the Downtown Los Angeles Real Estate Association since its founding in 2007, which works with city government to promote growth. “They’ve been building up the arts district for some time now, and it keeps growing. It’s taken on its own personality, where it used to be just warehouses. We also have the Olympics on the books for 2028, and a lot of funding has been poured into the area because of that." Downtown LA, or DTLA, is also the hub for the city’s fast-growing light rail system, which grants easy access to Santa Monica, Hollywood and other major destinations.

Apartments and condos in the Financial District, Little Tokyo

In urban DTLA, housing options are generally apartment-style condos and lofts. Buildings range from historic and ornate to sleek and modern, often with beautiful views of the city or surrounding mountains. One-bedroom units average $525,000; two-and three-bedroom units range from $700,000 to $1.5 million; and luxury condos that sprawl 3,000 square feet or more average $7.5 million.

Cultivating artists at Cortines School of Visual and Performing Arts

Los Angeles Unified Schools here include San Pedro Street Elementary and the Ramon C. Cortines School of Visual and Performing Arts, both of which earn 5 out of 10s from GreatSchools. The latter is one of the city's top performing arts schools. Hollenbeck Middle in adjacent Boyle Heights earns a 6 out of 10 for its test scores and academic progress, with slightly higher marks for equity. Lottery charter schools offer an alternative, and private options include the Colburn School, an elite music conservatory.

Not just a concrete jungle: Downtown Los Angeles’ green spaces

Downtown Los Angeles is better known for concrete than green space, but it does have some neighborhood parks. Gloria Molina Grand Park stretches from The Music Center to City Hall, and it has music festivals in the summer. Spring Street Park has a playground, and dog parks are nearby. Pershing Square, a downtown landmark, also has an ice skating rink in the winter. A couple of miles north, Elysian Park has roughly 600 acres with hiking trails, a bike path and Dodgers Stadium.

Angelino culture, entertainment and more

Culture and entertainment are a major draw in DTLA. The Music Center has four venues, including the Ahmanson Theater for Broadway musicals and the Walt Disney Concert Hall for the LA Philharmonic. ear-round, you can enjoy music events in the Center's fairy-lit courtyard. Catch Taylor Swift or a Los Angeles Lakers game at the Crypto.com Arena, immerse yourself in cutting-edge contemporary art at MoCA and The Broad, and if you're an architecture fan, you'll delight in the art deco movie palaces along Broadway, some of which now house permanent flea markets or cocktail bars. Residents have everything from the poolside, rooftop Upstairs Bar and the dimly lit Seven Grand, a whisky bar with pool tables and a jukebox. Brewery crawls can start at Boomtown or Angel City, while the Alamo Drafthouse caters to both beer and movie lovers. The iconic Grand Central Market serves oysters, egg sandwiches and everything in between. Bavel has a spin on Middle Eastern cuisine, and 715 has Michelin-starred sushi. Local businesses, such as The Last Bookstore, are around downtown, and The Bloc is a mixed-use development with a Macy’s. The Fashion District has on-street vendors, where visitors can haggle. Grocery options range from Nijiya Market in Little Tokyo to a Whole Foods on downtown’s west side.

Melanie Wynne
Written By
Melanie Wynne
Paul Winner
Photography Contributed By
Paul Winner
Nathan Allen
Video By
Nathan Allen

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Donald Heller, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Los Angeles International

25 min drive

Train

Union Station

Subway

Little Tokyo-Arts District

Subway

Union Station

Subway

Pershing Square Station

Subway

Civic Center/Grand Park

Subway

7Th Street/Metro Center Station

Subway

Grand Station

Subway

Pico Station

Bus

Grand Sb & 14th Ns

Bus

Patsaouras Plaza Busway Station E

Bus

8th & San Julian

Bus

Spring & 3rd

Bus

Olive St & 5th St

Bus

Grand Ave And 2nd St W

Bus

Hill & Venice

Crime and Safety

1 - Low Crime, 10 - High Crime Downtown LA US
Homicide 6 4
Sexual Assault 10 4
Assault with Weapon 9 4
Robbery 10 4
Burglary 10 4
Motor Vehicle Theft 10 4
Larceny 10 4
Crime Score 10 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$620,000
Median Single Family Price
$510,000
Median Townhouse Price
$1,385,000
Median 2 Bedroom Price
$750,000
Median 1 Bedroom Price
$590,000
Median Studio Price
$460,500
Average Price Per Sq Ft
$703
Number of Homes for Sale
283
Last 12 months Home Sales
423
Months of Supply
8.00
Median List Price
$665,000
Median Discount From 1st List Price
4%
Median Home Sale Price YoY Change
-1%

Home Facts

Number of Homes in Neighborhood
4,446
Median Year Built
1983
Avg. Single Family Home Size Sq Ft
1,639
Below the national average
1,935
Average Townhouse Size Sq Ft
2,243
Average 2 Bedroom Size Sq Ft
1,358
Average 1 Bedroom Size Sq Ft
911
Average Studio Size Sq Ft
849
Median Lot Size Sq Ft
11,761

Open Houses

  • Saturday, Apr 26
    1 - 3pm

    222 S Central Ave Unit 203, Los Angeles, CA 90012

    $649,000

    • 2 Beds
    • 2 Baths
    • 1,063 Sq Ft
    • 222 S Central Ave
    • Unit 203
    • New 10 days ago

    Welcome to Unit 203 at Tokyo Villa — 2 bed, 2 bath condo nestled in the vibrant Little Tokyo neighborhood, just steps from the Arts District!This thoughtfully designed unit offers ideal privacy with bedrooms located on opposite sides, each with walk-in closets and full bathrooms. The open-concept living area flows into a spacious kitchen with ample cabinetry, and the unit is filled with natural

    Agent Photo
    Shena Suleimanova
    Keller Williams Realty
    (855) 768-6106
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  • Saturday, Apr 26
    1 - 4pm

    629 Traction Ave Unit 514, Los Angeles, CA 90013

    $888,000

    • 2 Beds
    • 2 Baths
    • 1,280 Sq Ft
    • 629 Traction Ave
    • Unit 514
    • New 2 days ago

    Step into elevated urban living at Mura by Pulte Homes—a JD Power award-winning community located in the heart of Downtown LA’s dynamic Arts District and Little Tokyo. This impeccably styled 2-bedroom, 2-bath condo offers the perfect blend of modern luxury and artistic flair, ideal for people who crave sophistication and inspiration.Soaring double sliding doors open to a dual balcony that frames

    Mark Velasco West Shores Realty, Inc.

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  • Saturday, Apr 26
    12 - 4pm

    253 S Broadway Unit 508, Los Angeles, CA 90012

    $995,000

    • 1 Bed
    • 1 Bath
    • 1,330 Sq Ft
    • 253 S Broadway
    • Unit 508
    • New 3 days ago

    Welcome to this rare and inspiring penthouse loft in DTLA's second oldest building, the Pan American Lofts. Historic Cultural Monument (No. 544) houses an exclusive 40-unit Mills Act community, offering up to 70% in property tax savings. This home features soaring 17-18' ceilings that enhance the open feel, a lofted bedroom area with high ceilings, a remodeled kitchen and bathroom with in-unit

    Sabrina Mosenifar Real Estate eBroker Inc.

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Condo Buildings

Interested in learning more about homes in this area? Reach out to Donald Heller, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
79,055
Median Age
39
Population Density
22 ppl/acre
Population under 18
11.7%
Below the national average
23.8%
Population over 65
12.5%
Below the national average
19.1%

Finances

Median Household Income
$65,218
Below the national average
$71,702
Average Household Income
$96,672

Education and Workforce

High School Graduates
85.9%
College Graduates
50.5%
Above the national average
34.1%
Advanced Degrees
19.7%
Above the national average
13.3%
% Population in Labor Force
60.4%

Weather

Annual Precipitation
14''
Average Winter Low Temperature
48°F
Average Summer High Temperature
83°F
Annual Snowfall
0''

Area Factors

Very Bikeable

Bike Score®

80 / 100

Walker's Paradise

Walk Score®

94 / 100

Rider's Paradise

Transit Score®

98 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Downtown LA