
Los Angeles, California 90028
This historic 1928 loft represents a Strong Value Opportunity, listed at $600,000—positioned slightly above the $590,260 Fair Market Value. While the price reflects current market stability, the property offers significant long-term financial advantages through the Mills Act tax benefits and a rare assumable low-interest loan. Featuring a Good Condition Rating, this unit includes a versatile live/work loft, in-unit laundry, and access to luxury building amenities like a rooftop pool and 24-hour concierge. It 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 Vine Street 301 Subject | $589,000* List Price | 1 | 1 | 1,083 | $554 | - |
A 6253 Hollywood Boulevard 309 Sold | $435,000 | 1 | 1 | 850 | $512 | 0.1 mi |
B 1645 N Vine Street 801 Sold | $550,000 | 1 | 1 | 900 | $611 | 0.0 mi |
C 6253 Hollywood Boulevard 307 Sold | $660,000 | 2 | 2 | 1,150 | $574 | 0.1 mi |
D 6001 Carlton Way 303 Sold | $764,000 | 2 | 2 | 1,180 | $647 | 0.4 mi |
E 7062 Hawthorn Avenue 103 Sold | $735,000 | 2 | 2 | 1,100 | $668 | 1.0 mi |
F 6001 Carlton Way 105 Sold | $705,000 | 2 | 2 | 1,150 | $613 | 0.4 mi |
G 1645 Vine Street 303 Active | $550,000 List Price | 1 | 1 | 920 | $598 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a 1928 historic conversion with a renovation likely dating to the mid-2000s (approx. 15-18 years ago). The kitchen features well-maintained flat-panel cabinetry, stainless steel appliances, and modern mosaic tile. Systems including HVAC and electrical are modern and integrated into the industrial loft design. The unit is move-in ready and functional, fitting the 5-15 year renovation age bracket for a 'Good' rating.
The property offers exceptional financial value through the Mills Act tax benefits and a rare low-interest rate assumable loan, significantly reducing long-term carrying costs.
Located in the iconic Broadway Hollywood, the unit includes access to luxury services such as 24-hour concierge, valet parking, and a resort-style rooftop pool and spa.
With soaring ceilings and a bonus upstairs loft space, the interior provides a flexible floor plan ideal for a modern live/work lifestyle in a historic 1928 setting.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1083, other record living area = 900.
The monthly HOA fee of $1,325 is relatively high for a one-bedroom unit, which may impact the debt-to-income ratio for some prospective buyers.
The unit is noted as having no specific view, which could be a disadvantage for buyers seeking the iconic Hollywood cityscapes typically associated with this location.
Welcome to the best deal at the Broadway Hollywood, a storied full concierge building with unmatched walkability. Additionally, the Seller has an assumable loan on the property with a very low interest rate. Stroll to the Walk of Fame, Pantages Theatre, or Capitol Records Building. This one bedroom unit offers soaring ceilings, an abundance of natural light, in unit laundry hookups, plus an upstairs bonus loft space perfect for a live/work set up. The Broadway offers a slew of luxurious amenities including valet parking, a rooftop deck with pool, spa and cabanas. As well as a gym, controlled access, 24 hour front desk and all of the savings and tax benefits of the Mill's Act. Seller has an assumable loan on the unit with a very low interest rate, contact for details. The unit is virtually staged.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 45% |
| Baths | 1.0 | 2.0 | 27% |
| Square foot | 1,083 | 1,150 | 27% |
| Lot Size | 22,507 | 22,500 | 55% |
| Price | $589.0K | $705.0K | 18% |
| Price per sq ft | $544 | $613 | 36% |
| Built year | 1928 | 2006 | 27% |
| HOA | $1325.0 | $546 | 73% |
| Days on market | 30 | 186 | 9% |
Jun 2, 2026
$589,000
$600,000
-2% Price Drop
Initial Listing
May 7, 2026
$600,000
Initial Listing
Sep 2, 2011
$385,000
Public Record