Facility Overview
Lot 504, managed by Paragon Parking, is a strategically located, open-air surface parking facility situated in the heart of Downtown Los Angeles at 340 S. Spring St. As a classic DTLA surface lot, it offers a no-fuss, attendant-style or meter-operated parking experience that is highly valued for its simplicity. The layout is designed for efficiency, making it an excellent choice for drivers who want to avoid the complexities of navigating multi-level structures. Because it is an open-air surface lot, it provides excellent vertical clearance, easily accommodating standard passenger cars, full-size SUVs, and most pickup trucks. While it is highly accessible, users with oversized or specialized vehicles should keep in mind that this is a standard street-level lot layout.
Prime Location & Nearby Attractions
Located in the historic core of Downtown Los Angeles, Lot 504 puts you within walking distance of some of the city's most iconic cultural and commercial landmarks. Whether you are in town for business, dining, or leisure, this lot serves as a convenient home base:
- Grand Central Market: A culinary landmark just a short walk away, perfect for grabbing a world-class meal.
- The Broad & MOCA: World-renowned contemporary art institutions are within easy reach, ideal for a cultural afternoon.
- Walt Disney Concert Hall: Situated within a comfortable walking distance, making this lot a fantastic option for evening performances.
- Downtown Shopping & Dining: You are perfectly positioned near the vibrant retail and nightlife corridor of Spring Street and the surrounding historic blocks.
Access, Navigation & Transit Connectivity
Lot 504 features straightforward ingress and egress directly from S. Spring Street, a major thoroughfare in the Downtown area. Its position allows for relatively easy navigation to and from the US-101 and I-110 freeways, which are the primary arteries serving the central city. For those relying on public transportation, the lot is exceptionally well-connected. It is situated within reach of multiple Metro lines, including the B and D subway lines and the A and E light rail lines, providing seamless access to the wider Los Angeles metropolitan area. Drivers will find this lot a practical alternative to street parking during peak hours.
Facility Amenities & Key Features
- Open-air surface parking for easy entry and exit.
- 24/7 access to accommodate early arrivals or late-night returns.
- Attendant-managed and meter-style payment options for flexible billing.
- Located in a high-visibility, active urban area with consistent foot traffic.
- Proximity to major DTLA transit hubs and metro stations.
Ideal For
- Eventgoers: Perfect for those attending shows at the nearby theaters or music venues.
- Urban Explorers: Ideal for tourists spending a day exploring the Historic Core or Grand Central Market.
- Daily Commuters: A reliable spot for those working in the nearby financial and government districts.
- Film & Production Crews: As a known operator for production-friendly parking, it is a preferred spot for local film shoots.
Visitor & Driver Tips
To ensure a smooth experience, keep these tips in mind: Always check for posted signage upon arrival, as rates can vary based on local events in the downtown area. Since this is a popular location, arriving earlier during event days or weekends is recommended to guarantee your spot. While the lot is 24/7, the Downtown area is vibrant and busy, so ensure you lock your vehicle and remove any valuables from sight. For the most current rate information, it is advised to check the Paragon Parking website or look for the posted rates at the lot entrance.