510 South Hewitt Street, 316, Los Angeles, CA 90013
510 South Hewitt Street, 316, Los Angeles, CA 90013
Property Description
PRICED WAY BELOW MARKET VALUE FOR A FAST SALE — Welcome to an exceptional opportunity in the heart of Downtown Los Angeles’ highly sought-after Arts District. Located at 510 S Hewitt St, Unit 316, this striking residence delivers the perfect combination of modern design, industrial character, and effortless urban living — all at a price positioned for a quick sale. This home has room for 2 bedroom spaces, there is the main area off the living room and then a MURPHY BED in the hall area for the guest or extra family. Recently upgraded with new contemporary lighting, stylish tile accents, an enhanced kitchen island, and thoughtfully selected décor, making it truly turnkey from day one. Whether you’re looking for a beautifully finished primary residence, a sophisticated city retreat, or a property ready for immediate occupancy or rental use where permitted, this one stands apart. Step inside to an impressive open-concept loft-style floor plan featuring soaring ceilings, expansive windows, abundant natural light, and contemporary finishes throughout. The spacious living and dining areas flow seamlessly into the sleek kitchen, creating an ideal environment for entertaining, working from home, or simply relaxing in style. The flexible layout combines comfort and functionality while preserving the authentic character and energy that make Arts District living so desirable. Enjoy captivating city surroundings just moments from some of Los Angeles’ most acclaimed restaurants, coffee shops, art galleries, boutiques, entertainment, and nightlife. Convenient access to major freeways, public transportation, and the best of Downtown Los Angeles makes this an outstanding opportunity for buyers seeking location, lifestyle, and value. Beautifully upgraded. Fashionably furnished. Completely turnkey. Priced aggressively below market value for a fast sale. This is elevated Arts District living without the hassle of starting from scratch — just bring your suitcase and move in.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Los Angeles · Condominium
Listed 33.5% above the median closed sale of $468,000.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 532 Rossmore Avenue | Los Angeles | 1972 | 1 | 1 | 659 | 18,706 | $706 | $465,000 | 16 | 84 |
| 6151 Orange Street | Los Angeles | 1974 | 1 | 1 | 630 | 25,006 | $759 | $478,000 | 54 | 83 |
| 1522 Centinela Avenue | Los Angeles | 1966 | 1 | 1 | 631 | 13,544 | $791 | $499,000 | 129 | 82 |
| 5414 Newcastle Avenue | Los Angeles | 1967 | 1 | 1 | 657 | 60,967 | $364 | $239,000 | 4 | 80 |
| 630 6th | Los Angeles | 1962 | 1 | 1 | 640 | 26,615 | $539 | $345,000 | 162 | 80 |
| Total: 5 · Average | 1.0 | 1.0 | 643.4 | 28,967.6 | $631.8 | $405,200 | 73 | |||
| Median | 640 | $465,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4455 Los Feliz Boulevard | Los Angeles | 1966 | 10/06/2026 | 1 | 1 | 835 | 93,238 | $835,000 | $823,750 | $987 | 0.99 | 73 | 87 |
| 1731 Colby Avenue | Los Angeles | 1974 | 10/08/2026 | 1 | 1 | 830 | 13,380 | $499,900 | $460,000 | $554 | 0.92 | 120 | 86 |
| 4411 Los Feliz Boulevard | Los Angeles | 1966 | 10/08/2026 | 1 | 1 | 778 | 93,238 | $685,000 | $725,000 | $932 | 1.06 | 68 | 85 |
| 7300 Franklin Avenue | Los Angeles | 1974 | 10/07/2026 | 1 | 1 | 826 | 86,449 | $475,000 | $468,000 | $567 | 0.98 | 124 | 84 |
| 533 St Andrews Place | Los Angeles | 1987 | 10/09/2026 | 1 | 1 | 824 | 33,844 | $399,000 | $410,000 | $498 | 1.03 | 57 | 83 |
| Total: 5 · Average | 1.0 | 1.0 | 818.6 | 64,029.8 | $577,350 | $577,350 | $707.6 | — | 88.4 | ||||
| Median | 826 | $468,000 | $468,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.