Downtown LA condo prices, building by building: 2025 vs. 2018
By HiHolt · Published · Sales data as of September 15, 2026
Short answer: At 15 of the 17 Downtown Los Angeles condo buildings with enough sales to compare, the 2025 price level was below 2018, typically by about 14%. The largest declines were at 889 Francisco St. (−31%) and 877 S. Francisco St. (−29%). Your property tax does not follow prices down on its own. To see where your own unit stands, enter your address at hiholt.com.
Key numbers
- Of the 17 Downtown Los Angeles condo buildings with enough sales in both 2018 and 2025, 15 had a lower price level in 2025 than in 2018 (Los Angeles County recorded sales, HiHolt analysis).
- Across the 17 Downtown Los Angeles condo buildings with enough sales in both 2018 and 2025, the median building's 2025 price level was 14% below 2018 (Los Angeles County recorded sales, HiHolt analysis).
- Of the 19 Downtown Los Angeles condo buildings with enough sales in both 2022 and 2025, 18 had a lower price level in 2025 than in 2022 (Los Angeles County recorded sales, HiHolt analysis).
Price levels at Downtown LA condo buildings
The table lists 20 buildings in Downtown Los Angeles with enough sales to compare prices across years. Downtown here is the same area as in our guide to purchase years: roughly from the 10 Freeway north past Chinatown, and from Westlake east to the Los Angeles River.
A building's price level compares like with like: what units with the same floor plan, on the same floor, sold for in one year versus another. We show a change only when the building had at least 5 recorded sales in each of the two years; that allows a comparison with 2018 at 17 of them and with 2022 at 19. Buildings with too few sales, or with figures not stable enough to measure, are not listed. 2026 is left out: the year is not over, and too few 2026 sales are on record to measure it reliably.
| Address | Condo units | Built | 2025 vs. 2018 | 2025 vs. 2022 |
|---|---|---|---|---|
| 889 Francisco St. | 308 | 2017 | −31% | −11% |
| 877 S. Francisco St. | 514 | 2017 | −29% | −16% |
| 900 W. Olympic Blvd. | 224 | 2010 | −25% | −15% |
| 1050 S. Grand Ave. | 151 | 2017 | −21% | −11% |
| 645 W. 9th St. | 267 | 2006 | −15% | −10% |
| 1100 Wilshire Blvd. | 228 | 1986 | −15% | −10% |
| 1234 Wilshire Blvd. | 197 | 2006 | −15% | −16% |
| 267 S. San Pedro St. | 125 | 2006 | −15% | −5% |
| 1111 S. Grand Ave. | 176 | 2005 | −14% | −12% |
| 801 S. Grand Ave. | 132 | 1985 | −12% | −5% |
| 1100 S. Hope St. | 231 | 2007 | −11% | −18% |
| 800 W. 1st St. | 254 | 1968 | −11% | −10% |
| 100 S. Alameda St. | 303 | 2005 | −10% | −9% |
| 1155 S. Grand Ave. | 311 | 2008 | −7% | −6% |
| 1855 Industrial St. | 116 | 1924 | −6% | −13% |
| 629 Traction Ave. | 190 | 2007 | +2% | +2% |
| 880 W. 1st St. | 134 | 1982 | +3% | too few sales |
| 630 W. 6th St. | 90 | 1962 | too few sales | −16% |
| 400 S. Broadway | 449 | 2019 | too few sales | −12% |
| 510 S. Hewitt St. | 63 | 1966 | too few sales | −10% |
Sorted by the change since 2018, largest decline first. Condo units: residential condo parcels at the address in the County Assessor's records. Built: the year built in the County Assessor's records. Too few sales: fewer than 5 recorded sales in one of the two years. Source: Los Angeles County recorded sales and assessment records, our analysis; sales recorded through March 31, 2026.
What the table shows
- Most buildings fell. 15 of 17 buildings were lower in 2025 than in 2018, and 18 of 19 were lower than in 2022.
- The largest declines since 2018 were at 889 Francisco St. and 877 S. Francisco St., followed by 900 W. Olympic Blvd. (−25%) and 1050 S. Grand Ave. (−21%). Three of these four are the buildings the County lists as built in 2017.
- Since 2022: In 18 of the 19, the 2025 level was 5% to 18% below 2022; at 629 Traction Ave. it was 2% higher.
- Small changes: Two buildings were slightly higher in 2025 than in 2018: 629 Traction Ave. (+2%) and 880 W. 1st St. (+3%). Changes that small can move with a few more sales, so read them as roughly flat.
Every figure here rests on a limited number of sales, so a building's figure can shift by a few points as more records come in. These are 20 buildings, not every Downtown condo; other buildings may have done better or worse.
What it means for your property tax
Your property tax follows your assessed value, not your building's price level. Under Proposition 13, the assessed value starts at the market value when you bought, usually the price you paid, and then follows California inflation each year, never rising by more than 2%. Under Proposition 8, it comes down only when the Assessor enrolls a lower market value as of January 1. Our explainer on Proposition 13 and Proposition 8 covers the rules.
So if you bought when prices in your building were higher, your assessed value may now be above what similar units sell for. A building's price level is not the value of any one unit: floor, view and layout matter, and so do the year you bought and the price you paid.
FAQ
Why isn't my building in the table? Buildings with too few sales, or with figures not stable enough to measure, are not listed. A building needs at least 5 recorded sales in each year compared. Of the 158 condo addresses in this area, 20 are listed. Of the other 138, 101 have fewer than 20 units. To check any Downtown condo, enter your address at hiholt.com.
Why compare 2025 with 2018 and 2022? 2025 is the latest full year of sales. 2018 matches our earlier look at two Francisco Street towers, and 2022 shows the more recent change.
What about 2026? The year is not over, and too few 2026 sales are on record to measure this year's price level reliably, building by building. The table stops at 2025.
Does a lower price level mean my property tax will go down? Not on its own. Your tax follows your assessed value, which Proposition 13 ties to what you paid. It comes down only if the Assessor enrolls a lower market value as of January 1.
How can I lower my property tax? Enter your address at hiholt.com. You'll see your unit's 2026 assessed value, which is public record, next to our estimate of its market value from recorded sales, and a property tax expert reviews it.
Check your own unit
The table shows buildings, not units. To see where your own Downtown condo stands, enter your address at hiholt.com.
How HiHolt works and what it costs
This section describes our own paid service.
HiHolt specializes in California condos and files Proposition 8 decline-in-value reviews anywhere in California. HiHolt is a brand of Fortunewoods LLC, a private company, not a government agency.
- Enter your address at hiholt.com. We compare the county's assessed value, which is public record, with recent sales, and a property tax expert reviews your property.
- If your unit looks over-assessed and you want us to go ahead, you sign a written authorization online. Nothing is filed without it.
- We prepare the evidence and file the Assessor review with your county. When it helps your case, we also file the appeals board application: if the Assessor doesn't agree, we negotiate with the county appraiser for you and, if needed, represent you at the hearing.
What it costs: 30% of the property tax you actually save in the first year we file. In later years for the same property, you pay only if we file again and you save more than in the best year we've already charged you for, and then only 30% of the extra; a reduction that just carries over is not charged again. If your tax doesn't go down, you pay nothing. Nothing is charged before we file, and we pay Los Angeles County's $46 appeal filing fee. Our estimate can be wrong, and the Assessor or the appeals board makes the decision, so no one can promise a reduction. In Los Angeles County, HiHolt files as a registered tax agent.
Sales data as of September 15, 2026: Los Angeles County recorded sales and assessment records, our analysis (sales recorded through March 31, 2026). County and state sources checked October 20, 2026. Price levels describe buildings, not the market value of any unit. This article reports past sales and general rules and is not legal or tax advice.
Sources:
- Los Angeles County Assessor, Assessor Portal (parcel and ownership-history records), checked October 20, 2026: portal.assessor.lacounty.gov
- California State Board of Equalization, "Decline in Value – Proposition 8", checked October 20, 2026: boe.ca.gov