Little Tokyo Lofts are a wonderful warehouse loft community, which also happens to border skid row. This is the main reason for the lower than average price per sf that this building consistently maintains. Regardless, values have steadily gone up in the building since 2009. The area, like many other areas of downtown, are getting cleaned up. The women's shelter nearby just opened a coffee shop/vintage shop/handcrafted goods shop, and this is only the beginning. Loft #407 which went into escrow fairly quickly, is now back on the market. Price has been lowered to $279k. 610sf of space, huge original casement window with views of mountains to the north and the skyline to the west, 1 assigned gated parking space, and amenities include a courtyard lounge, swimming pool, BBQ, dog run and gym. Plus you're a 5-min walk to Grand Central Market, Grand Park, Little Tokyo.
