123 S FIGUEROA ST — Rent Intelligence for Downtown, LA

Downtown · Los Angeles, CA, 90012

Built 1985289 units

Current rent range

$1,246 – $3,063 / mo

9 bedroom bands tracked · sampled from recent listings

Leave a review

★★★★★2.3115 reviews

Verified reviewsPTOwned byPROMENADE TOWERS LTD3 bldgs

123 S FIGUEROA ST

Los Angeles, CA, 90012

HPD violations0last 7 years · class A, B, C

Evictions filed0last 7 years

Tenant reviews1152.3 ★ avg

Rent-stab units—no coverage

Building age41 ybuilt 1985

311 complaints0last 7 years

01 / 10

Rental intelligence.

Neighborhood Median Rent

Los Angeles · March 2026

Studio

$1,246/mo

1 listing

Studio

$1,249/mo

1 listing

Studio

$1,612/mo

1 listing

1 BR

$1,913/mo

1 listing

1 BR

$1,977/mo

1 listing

1 BR

$2,261/mo

1 listing

2 BR

$2,282/mo

1 listing

2 BR

$2,259/mo

1 listing

2 BR

$2,674/mo

1 listing

Compare this building's listings above against the neighborhood medians.

Seasonal Pattern

Best & worst months to sign a lease

Cheapest

January

Most expensive

June

JFMAMJJASOND

Potential savings: ~7% by timing your move to January.

Rent vs. area median Los Angeles

Studio

This building: $1,246 – $1,246

46% belowArea: $2,305

1 BR

This building: $1,913 – $1,913

24% belowArea: $2,528

2 BR

This building: $2,282 – $2,282

21% belowArea: $2,894

3 BR

This building: — – —

—Area: $6,855

4 BR

This building: — – —

—Area: $2,495

Units Historic Rent 3 listings

Studio$1,42150 listings

1 Bed$1,85045 listings

2 Bed$2,25943 listings

Neighborhood Rent Range Los Angeles

Studio1 listing

$2,305

$2,305

1 Bed1 listing

$1,913

$2,010 – $2,939

2 Bed1 listing

$2,894

$2,894

Range (P25 – P75)MedianBased on recent listings in Los Angeles

01 / 09

Rental intelligence.

01b / 09

Rent trends.

Downtown Los Angeles

Quarterly market rent, 2014–2026 (latest = Q1 2026 forecast)

Asking rent

$2,764

current quarter

Effective rent

—

per bedroom only

YoY change

-0.7%

asking, vs 1 yr ago

10-year change

asking, since ~'16

Asking rent per bedroom type — switch tabs to see each with effective (concession-net) rent.

01b / 09

Rent trends.

02 / 10

Violations, 311, & more.

hpd · dob · 311 · acris
last 7 years

Violation & Complaint Trends

Monthly counts over the last 7 years · all data sources

Steady

HPDTop Violations

0 total

No violations
0

311Top Complaints

0 total

No complaints
0

DOBTop Filings

0 total

DOB Violations
0

EvictionsEvictions

0 filed

Evictions filed
0

Recent records

Last 7 years

—NO RECORDS—
No HPD records on file in the last 7 years.

See all 0 HPD records

02 / 09

Violations, 311, & more.

03 / 10

What tenants actually say.

2.3 /5

★ ★ ★ ★ ★

115 reviews

5★

4★

15%

3★

17%

2★

45%

1★

23%

I've lived here for a year and generally had a Gonderful time. Some of things I liked are:<br>1) Gonderful view (pool) from my appartment<br>2) cable, water, gas paid by promenade<br>3) loca…

mixedMar 2026

Anonymous

Promenade Towers looks harmless enough on the outside, but step inside and the nightmare begins. Not only was the Anit not ready when we arrived on our move-in day, but they proceeded to "steam clean" the carp…

negativeMar 2026

Anonymous

HUGE COCKROACH PROBLEM (COCKROACHES SPOTTED DAILY). PLEASE READ BEFORE CONSIDERING LIVING AT THE PROMENADE TOWERS. My roommate and I moved into the Promenade in August of 2015. We started to see cockroaches show up aroun…

negativeMar 2026

Anonymous

View all 115 reviews

03 / 09

What tenants actually say.

04 / 10

Building amenities.

Building Amenities

16 amenities

BUILDING

Elevator

OUTDOOR

Pool
Sparkling Pool
Pool/Hot Tub
Balcony/Deck

FITNESS

Fitness Center

PARKING & BIKES

Parking
Garage

LAUNDRY

Dishwasher

PET FRIENDLY

Pets Allowed
Cat Friendly
Large Dog Friendly
Pet Friendly

OTHER

Air Conditioning
Controlled Access
Car Charging Stations

04 / 09

Building amenities.

05 / 10

The landlord.

PROMENADE TOWERS LTD

Portfolio of 3 buildings

Portfolio-level grade reflects the landlord's buildings across the city, weighted by unit count. Individual building grades may differ.

View full landlord profile

buildings

3.8

avg score / 5

B+

portfolio grade

nearby owned

Their Other Buildings

Top 2 by score · of 3 total

See all 3 →

Ownership timeline · this building

ACRIS deeds and regulatory filings

1985Building constructed289 units
nowPROMENADE TOWERS LTDOwner of record per HPD registration · manages 3 buildings.

05 / 09

The landlord.

06 / 10

Crime & safety.

07 / 10

About this area.

08 / 10

History of the building.

construction · ownership · permits

At a glance

Year built1985

Total units289

198019902000201020202030

1985

Building constructed

289 units

now

Current owner: PROMENADE TOWERS LTD

Portfolio includes 3 buildings.

07 / 09

History of the building.

10 / 10

Frequently asked questions.

10 / 10

LA-specific insights.

08 / 09

Similar buildings nearby.

Building record last updated 3 months ago. Sourced from HPD, DOB, 311, and Lucid Rents data syncs.