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.
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
This amazing rare corner residence offers expansive southwest-facing floor-to-ceiling windows that flood the home with natural light. The elegant interior features wide-plank hardwood flooring throughout, an open-concept layout, and a sleek kitchen appointed with Ceaserstone quartz countertops, a Whirlpool five-burner gas range, stainless steel appliances, and in-unit washer/dryer. Two generously
Welcome to Gallery Lofts, a live work community located in the heart of culturally thriving Arts District. This private oversized loft creates the perfect creative sanctuary for artists, musicians, and other like minded individuals. The expansive living area features soaring 16 foot ceilings, polished concrete flooring, an exposed brick wall, and 200 sf private patio, not included in the total
Stunning remodeled home-in-the-sky sited on the desirable S/W corner of EVO in the Social District of DTLA. Rich bespoke woodwork greets you as you enter and upgraded wood floors run throughout. Walls of glass with custom window treatments surround the large open living and dining areas. Custom kitchen included marble counters, additional cabinetry, top-tier stainless appliances and a walk-in
Beautiful and spacious 2-bedroom, 2-bathroom condo located in the heart of Little Tokyo in Downtown Los Angeles. Just steps from the Arts District, Metro lines, and some of LA’s best dining, shopping, and entertainment, this home offers the perfect blend of comfort and convenience. The well-designed layout features bedrooms on opposite sides of the unit, each with walk-in closets and en-suite
Newly remodeled exterior facing unit in the historic Bartlett building with great views of the DTLA streetscape! Large original windows let in tons of light. Kitchen features ebony stain cabinets, tile backsplash and stainless steel appliances. Concrete floors abound throughout and bathroom boasts oversized soaking tub. Building is walking distance to Restaurant Row, Bottega Louie, Whole Foods,
Enjoy $0 HOA fees for the first year and take advantage of a special 2-1 rate buydown offering a 30-year fixed loan starting at just 4.99% with 10% down (6.875 % APR). A rare opportunity to experience luxury Downtown living with substantial upfront savings! Experience the pinnacle of urban living in this exceptional condominium located within the renowned Market Lofts. This contemporary residence
Experience elevated living at Metropolis Tower II, one of Downtown LA's premier luxury high-rises. This stunning residence is available either stylishly furnished or unfurnished and showcases East-facing skyline views through expansive floor-to-ceiling windows that bathe the space in natural light. The open-concept layout is enhanced by wide-plank oak flooring, central HVAC, in-unit washer and
**Actual Lease Rate is $3,450, the advertised rate of $3,185 is based on a 14 month lease term with a 1 month lease concession included.** Tenant to provide their own fridge. Experience an authentic loft lifestyle in the arts district! Situated in a historic building dating back to 1910 is this spacious live/work corner loft with filled with natural light. This loft offers the best of both
**Price Improvement. The actual Lease Rate is $3,400; the advertised rate of $3,139 is based on a 14-month lease term with a 1-month lease concession included.** Experience an authentic loft lifestyle in the heart of the arts district! Situated in the historic Brick Lofts is this live/work loft that offers the best of both worlds; Historic architectural details including exposed brick walls and
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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®
77/ 100
Walker's Paradise
Walk Score®
91/ 100
Rider's Paradise
Transit Score®
96/ 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.
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.
