Zumper
modified
3 Hours Ago

Highlights

  • 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
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Contact

Management

Equity Residential

Our team has verified this company

Leasing office

(805) 920-8175

Open 

10:00 am–6:00 pm PT

Property Overview

Pegasus is a top-rated property, achieving a 9.3 out of 10 from Zumper, signifying its appeal to renters seeking quality living. It excels in various aspects, including amenities and location, both rated 10 out of 10, providing residents with stunning rooftop pools and close proximity to downtown attractions. The property is well-regarded for its value, ample social and fitness opportunities, and comprehensive workspace options, making it an attractive choice for those looking for a vibrant lifestyle.

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

9.3
Excellent
Pegasus is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Amenities and Location, which help to make this rental a great place to call home.

Things you’ll love

  • Less expensive
  • Dishwasher
  • Elevator

Great for

  • Social life
  • Wellness
  • Work-from-home

Floor plans

7Studio1 bath560 sqft$1,819 /mo1 unit available
4Studio1 bath514 sqft$1,859 /mo1 unit available
14Studio1 bath562 sqft$1,955–$2,023 /mo2 units available
11 bed1 bath737 sqft$2,075 /mo1 unit available
21 bed1 bath706 sqft$2,117 /mo1 unit available
61 bed1 bath749 sqft$2,185–$2,195 /mo2 units available
151 bed1 bath756 sqft$2,207 /mo1 unit available
32 bed1 bath973 sqft$2,520 /mo1 unit available
82 bed2 bath1,086 sqft$2,935–$3,085 /mo2 units available
52 bed2 bath1,022 sqft$2,955 /mo1 unit available
182 bed2 bath1,807 sqft$4,534 /mo1 unit 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

Dog policy

Allowed 
Limit3
Deposit$500
Monthly Rent$55

Cat policy

Allowed 
Limit3
Deposit$500
Monthly Rent$45

Parking

Garage ParkingContact for Price

Required one-time fees

Security Deposit$600
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.
9.3
/10
Excellent
Pegasus is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Amenities and Location, which help to make this rental a great place to call home.
How we rated Pegasus
Price·8A 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.
Scoring a 8/10, Pegasus is a great option for renters looking for apartments in Downtown Los Angeles. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
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

  • 826 restaurants within 1 mile of this property
  • This community has public spaces on site, like fitness centers or pools
  • Area has 130 parks and recreation options
  • 201 local event hubs within 1 mile

Wellness

  • On-site fitness center or gym
  • HVAC systems available onsite
  • 130 parks nearby
  • 39 sports facilities (like tennis courts) nearby

Work-from-home

  • Common areas for meetings or remote work
  • 27 internet service provider options nearby
  • 13 office supply stores within 1 mile
  • 8 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

Less expensive
The 1-bedrooms are cheaper than other similar 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 6% less than the average rent price for studios in Downtown Los Angeles.

1-bedroom apartments here are priced 14% lower than 1-bedrooms in Downtown Los Angeles.

If you decide to upgrade your space, you can expect 2-bedrooms at Pegasus to be 10% less than the average for similarly sized apartments in Downtown Los Angeles.

Median rents as of Sep 27 2025.
Downtown Los Angeles
Los Angeles
A table of studio rental data trends in Los Angeles
MonthMedian Rent
October 2023$1,806
November 2023$1,796
December 2023$1,777
January 2024$1,785
February 2024$1,695
March 2024$1,712
April 2024$1,718
May 2024$1,750
June 2024$1,778
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
A table of studio rental data trends in Downtown Los Angeles
MonthMedian Rent
October 2023$2,119
November 2023$2,121
December 2023$2,103
January 2024$2,107
February 2024$2,156
March 2024$2,119
April 2024$2,123
May 2024$2,119
June 2024$2,145
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$1,993

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

$74,360/yr

With your selected rent-to-income ratio, you'd ideally want to make $74,360 annually to afford this studio median monthly rent price of $1,859.
For more information on rent affordability, visit our rent calculator.

Schools near Pegasus

Gratts Learning Academy for Young Scholars

309 lucas ave

los angeles, CA, 90017

K-5Public
C+

Castelar Street Elementary School

840 yale st

los angeles, CA, 90012

K-8Public
B+

Sophia T. Salvin Special Education Center

1925 budlong ave

los angeles, CA, 90007

K-10Public

City of Angels

221 s eman ave

los angeles, CA, 90063

K-12Public
B

Marlton

4000 santo tomas dr

los angeles, CA, 90008

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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