
Los Angeles, California 90028
This Historical Condo is a Strong Value Opportunity, listed at $550,000—positioned well below the $555,663 Fair Market Value by 1%. This valuation gap offers $5,663 in Instant Equity. Featuring a Condition Rating of 3, the unit offers 15' ceilings and modern finishes within a Mills Act building, ensuring significant tax savings. With resort-style amenities and a prime Hollywood location, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a unique urban lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1645 N Vine Street 303 Subject 1 bd · 1 ba · 920 sqft · $604 | $550,000* List Price | 1 | 1 | 920 | $604 | - |
A 6001 Carlton Way 209 Sold 1 bd · 1 ba · 870 sqft · $689 · 0.4 mi | $599,000 | 1 | 1 | 870 | $689 | 0.4 mi |
B 6253 Hollywood Sold 2 bd · 2 ba · 1,160 sqft · $500 · 0.1 mi | $580,000 | 2 | 2 | 1,160 | $500 | 0.1 mi |
C 6038 Carlton Way 101 Sold 2 bd · 3 ba · 1,070 sqft · $663 · 0.3 mi | $709,000 | 2 | 3 | 1,070 | $663 | 0.3 mi |
D 6253 Hollywood 602 Active 1 bd · 1 ba · 1,100 sqft · $500 · 0.1 mi | $549,900 List Price | 1 | 1 | 1,100 | $500 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1928, the unit features a high-end contemporary conversion (approx. 15-18 years old) with a modern kitchen, stainless steel appliances, and updated penny-tile bathroom. The property is well-maintained, move-in ready, and features functional modern HVAC systems.
As a designated historical monument, this property qualifies for the Mills Act, providing the owner with significant annual property tax savings.
Residents have access to a premium Kelly Wearstler-designed rooftop featuring a resort-style pool, spa, fitness center, and 24-hour security with valet parking.
The unit features impressive 15-foot soaring ceilings and a spacious 920 sqft open layout, offering a grand sense of scale and unique Old Hollywood character.
The association fee of $1,571 per month is relatively high, which significantly increases the monthly carrying costs for the owner.
Situated at the world-famous corner of Hollywood and Vine, the property is subject to high levels of street noise, tourist traffic, and urban activity.
(*As of List Date/Per MLS: Lowest Price Condo in the Building!) The "Glamorous" Broadway Hollywood is a NY Style Live/Work Urban Oasis and a "Mills Act" Building offering Significant Property Tax Savings! A 1928 Historical Monument and former home of the Broadway Hollywood Department Store where Old Hollywood Charm meets Contemporary Design. The BH features a stunning Kelly Wearstler Resort-Style Rooftop Amenity Package, boasting private cabana's, sun-deck, pool/spa, fitness center and panoramic views of The Hollywood Sign & Hills! The building offers 24 hour security with on-site property management. This east facing condo gazes directly out over the world famous corner of "Hollywood & Vine". Over 900sf of comfort featuring 15' high soaring ceilings, stainless steel appliance package, huge kitchen island and charming Old Hollywood bathroom complete with black penny mosaic tiled shower! It's all right here: Metro Station, Pantages, Palladium, Trader Joes, The W Hotel, Equinox and The Aster Private Social Club just to name a few! Some of the best nightlife, Entertainment and Restaurants that Southern California has to offer and did we mention "Valet Parking"? Whether your looking to change your lifestyle or invest in a rental property, come experience the investment in Hollywood & Vine!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 920 | 1,252.996 |
| Lot Size | 22,507 | 26,029.603 |
| Price | $550.0K | $778.5K |
| Price per sq ft | $598 | $629 |
| Built year | 1928 | 1981 |
| HOA | $1571.0 | $676 |
| Days on market | 29 | 74 |
Oct 11, 2026
$550,000
Initial Listing
Mar 27, 2018
$620,000
Public Record
Dec 16, 2014
$540,000
Public Record