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OFFER:

Up to 2 month free on select homes! Offer is for new residents only - Transfers excluded. [Offer good thru May 30, 2026]

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1 Hour Ago

Highlights

  • Rent Special
  • Pet Friendly
  • Renovated homes
  • Newly renovated
  • Stunning rooftop pools
  • Stunning rooftop pool
  • Downtown buildings
  • Downtown address

Location

612 S Flower St, Los Angeles, CA 90017, USA|Downtown Los Angeles
Hi! Let’s figure out if this property is right for you.

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Contact

Management

Equity Residential

Our team has verified this company

Leasing office

(805) 920-8175

Open today 

10:00 am–6:00 pm PT

Property Overview

Pegasus delivers an exceptional living experience, earning near-perfect expert scores across price, amenities, location, quality, and trustworthiness, with a competitive value per square foot. Its newly renovated homes, downtown address, and stunning rooftop pool support an elevated lifestyle, while extensive photos help set clear expectations. The property is especially well-suited to remote work, fitness and wellness routines, and an active social life thanks to strong onsite features and a dense network of nearby cafes, parks, and restaurants.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

9.9
Excellent
With an impressive overall rating of 9.9 out of 10, Pegasus is one of the top properties in Downtown Los Angeles. It stands out for Price, Amenities, and Location, so residents can expect their monthly rent payments to give them elevated features, an exceptional standard of living, and a phenomenal experience.

Things you’ll love

  • More space
  • Dishwasher
  • Elevator

Great for

  • Social life
  • Wellness
  • Work-from-home

Floor plans

4Studio1 bath488+ sqft$1,610–$1,850 /mo3 units available
12Studio1 bath512 sqft$1,805 /mo1 unit available
22Studio1 bath580 sqft$1,850 /mo1 unit available
14Studio1 bath562 sqft$1,998–$2,035 /mo2 units available
11 bed1 bath737 sqft$2,045–$2,210 /mo4 units available
101 bed1 bath594+ sqft$2,111–$2,121 /mo2 units available
21 bed1 bath706 sqft$2,127–$2,427 /mo5 units available
61 bed1 bath749 sqft$2,295–$2,375 /mo2 units available
6_21 bed1 bath740 sqft$2,365 /mo1 unit available
32 bed1 bath880+ sqft$2,250–$2,440 /mo4 units available
52 bed2 bath1,022+ sqft$2,535–$2,855 /mo3 units available
5_22 bed2 bath1,054 sqft$2,590 /mo1 unit available
82 bed2 bath1,086+ sqft$2,700–$2,950 /mo7 units available

Let's explore this property.

Amenities for Pegasus

Apartment Amenities

Air ConditioningBalcony
CarpetCeiling Fan
DryerPrivate Balcony
Private PatioView
Window Coverings

Appliances

DishwasherIn-Unit Laundry
MicrowaveRefrigerator

Tech

Cable/SatelliteClimate Control

Building

Business CenterCats OK
ClubhouseControlled Access
Dogs OKElevator
Fitness CenterFree Weights
Onsite LaundryResidents Lounge
Roof DeckTV Lounge

Grounds

Assigned ParkingGarage Parking
Outdoor SpaceStorage
Swimming Pool

Services

Availability 24 HoursConcierge Service
Door AttendantOn-Site Maintenance
On-Site ManagementPackage Service
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Application Fee

Per-applicant. Agent application fee.

Contact Property

REQUIRED FEES

Security Deposit

One-time.

$600–$800

OPTIONAL FEES

Parking Policy

Garage Parking

Dog Policy

Allowed
Limit3

Cat Policy

Allowed
Limit3

Cat

Pet Rent

Monthly. 3 cats max.

$45

Pet Fee

One-time fee per pet.

$0

Pet Deposit

One-time deposit per pet.

$500

Dog

Pet Rent

Monthly. 3 dogs max.

$55

Pet Fee

One-time fee per pet.

$0

Pet Deposit

One-time deposit per pet.

$500

Questions about this property’s policies and fees?

Building details

Property details

Year built1949
Units322
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About Pegasus

HomeApartments in Los AngelesDowntown Los Angeles Pegasus

Future Resident valet parking located off of Flower Street. A renowned 1949 landmark, Pegasus combines rare value, convenience and style at a single Financial District address. Access the best of downtown buildings, bars, restaurants and shops on the blocks surrounding Pegasus, the Metro stop around the corner, Staples and LA Live down the street. We offer newly renovated homes and one of the most stunning rooftop pools in all of downtown.


Year Built: 1949

Go to property website

Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
9.9
/10
Excellent
With an impressive overall rating of 9.9 out of 10, Pegasus is one of the top properties in Downtown Los Angeles. It stands out for Price, Amenities, and Location, so residents can expect their monthly rent payments to give them elevated features, an exceptional standard of living, and a phenomenal experience.
How we rated Pegasus
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Pegasus offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Pegasus stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Pegasus offers residents unparalleled convenience to popular points of interest, transportation, schools, and more, which provide an elevated quality of life. Communication with management is usually quick and easy, allowing for a more expedited application and renting process, saving you time and money.
Quality·10A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
Pegasus has notable characteristics that give it an edge. It is a verified property that stands out from others nearby as an exceptional choice for renters looking for a specific lifestyle. Offering a combination of prestige, modernity, and tailored living experiences, residents can expect nothing short of excellence at Pegasus.
Trustworthiness·9A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Pegasus has gone above and beyond to craft a useful, detailed description, demonstrating transparency and trustworthiness, and giving renters a clear picture of what to expect from the property and its management, so they can make an informed decision about whether the rental meets their needs.

Pegasus is great for:

Social life

  • 1046 restaurants within 1 mile of this property
  • This community has public spaces on site, like fitness centers or pools
  • Area has 153 parks and recreation options
  • 156 local event hubs within 1 mile

Wellness

  • On-site fitness center or gym
  • HVAC systems available onsite
  • 153 parks nearby
  • This property has patios or balconies for fresh air

Work-from-home

  • Common areas for meetings or remote work
  • 24 internet service provider options nearby
  • 13 office supply stores within 1 mile
  • 21 coworking spaces or cafes within 1 mile

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Pegasus compares to other nearby properties.

Positives

More space
Studio is 91 sqft larger than other listings nearby
Dishwasher
Dishwasher available in kitchen
Elevator
Improved accessibility features
Images Available
There are at least 10 photos of this address
Laundry available on site
Washers and dryers are available in-building or in-unit
Outdoor space
Easy access to the outdoors
Package service
More secure storage for delivery

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away
Greater distance from middle schools
The nearest middle school is farther than 1 mile away

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Rent trends in Downtown Los Angeles

Studio apartments at Pegasus cost about 11% less than the average rent price for studios in Downtown Los Angeles.

1-bedroom apartments here are priced 13% lower than 1-bedrooms in Downtown Los Angeles.

If you decide to upgrade your space, you can expect 2-bedrooms at Pegasus to be 26% less than the average for similarly sized apartments in Downtown Los Angeles.

Median rents as of May 23 2026.
Downtown Los Angeles
Los Angeles
A table of studio rental data trends in Los Angeles
MonthMedian Rent
June 2024$1,785
July 2024$1,816
August 2024$1,848
September 2024$1,848
October 2024$1,801
November 2024$1,814
December 2024$1,845
January 2025$1,848
February 2025$1,815
March 2025$1,810
April 2025$1,756
May 2025$1,745
June 2025$1,750
July 2025$1,750
August 2025$1,736
September 2025$1,702
October 2025$1,702
November 2025$1,709
December 2025$1,738
January 2026$1,739
February 2026$1,721
March 2026$1,697
April 2026$1,690
May 2026$1,650
A table of studio rental data trends in Downtown Los Angeles
MonthMedian Rent
June 2024$2,150
July 2024$2,165
August 2024$2,160
September 2024$2,138
October 2024$2,145
November 2024$2,125
December 2024$2,148
January 2025$2,172
February 2025$2,099
March 2025$2,075
April 2025$2,000
May 2025$2,043
June 2025$2,067
July 2025$2,052
August 2025$1,987
September 2025$1,994
October 2025$1,991
November 2025$1,959
December 2025$1,991
January 2026$2,019
February 2026$2,087
March 2026$2,079
April 2026$2,120
May 2026$2,045

Affordability calculator

Can I afford to live at 612 S Flower St?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$73,100/yr

With your selected rent-to-income ratio, you'd ideally want to make $73,100 annually to afford this studio median monthly rent price of $1,827.
For more information on rent affordability, visit our rent calculator.

Schools near Pegasus

Virtual Academy of Business & Entrepreneurship

333 s beaudry ave 11th floor

los angeles, CA, 90017

K-12Public

Computer Science Virtual Academy

333 s beaudry ave 11th floor

los angeles, CA, 90017

K-12Public

STEAM Virtual Academy

333 s beaudry ave 11th fl

los angeles, CA, 90017

K-12Public

Leadership & Public Service Virtual Academy

333 s beaudry ave 11th floor

los angeles, CA, 90017

K-12Public

Virtual Academy of International Studies/Humanities

333 s beaudry ave 11th floor

los angeles, CA, 90017

K-12Public
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Internet available near Pegasus

Neighborhood

Downtown Los Angeles | Los Angeles, CA

NEIGHBORHOOD VIBE
Lively and energetic
You’ll be in the heart of the action in this bustling and vibrant area with plenty of shopping, nightlife, and culture.

Getting around Los Angeles near 612 S Flower St

Walking

10/10
No car? No problem. Everything you need is within a few blocks.

Driving

5/10
This area is accessible to thoroughfares and has ample parking options.

Transit

10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 612 S Flower St, Los Angeles

Groceries

9/10
At least one grocery store within a few minutes' walk

Shopping

10/10
Wide variety of shops within a few minutes' walk

Cafes

10/10
Variety of cafés right on the street

Restaurants

10/10
Variety of restaurants right on the street

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

10/10
At least one high school within a 5-minute walk

Parks

7/10
Moderate amount of park space nearby

Nightlife

10/10
Variety of bars right on the street

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