
Los Angeles, California 90028
This Condominium represents a Strong Value Opportunity, listed at $540,000—positioned slightly above the $535,168 Fair Market Value. While not a deep discount, the property offers significant long-term financial stability through the Mills Act tax benefits. Featuring a Condition Rating of 3, the unit provides a modern, move-in ready loft layout with soaring ceilings and rooftop pool access. This asset balances urban lifestyle perks with historic charm, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a prime Hollywood location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1645 Vine Street 301 Subject | $540,000* List Price | 1 | 1 | 1,083 | $494 | - |
A 6253 Hollywood Boulevard 309 Sold | $435,000 | 1 | 1 | 850 | $512 | 0.1 mi |
B 6253 Hollywood Boulevard 307 Sold | $660,000 | 2 | 2 | 1,150 | $574 | 0.1 mi |
C 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.
While the building dates to 1928, the unit reflects a high-quality mid-2000s loft conversion (approx. 15-18 years old). The kitchen features well-maintained stainless steel appliances and cabinetry, and the exposed HVAC systems appear modern and functional, making it move-in ready.
The property qualifies for the Mills Act, offering substantial property tax savings that significantly enhance the long-term financial value for the owner.
Residents have access to premium full-service amenities, including a rooftop pool with cabanas, a gym, valet parking, and 24-hour concierge services.
The unit features soaring ceilings and a bonus loft space, providing a flexible floor plan ideal for a modern live/work environment in a prime walkable location.
The monthly HOA fee of $1,325 is relatively high for a one-bedroom unit, which may impact the overall affordability and debt-to-income ratio for some buyers.
The unit is listed as having no specific view, which may be a drawback for buyers seeking the iconic city or landmark vistas often associated with high-rise living in Hollywood.
MAJOR REDUCTION! Welcome to the best deal at the Broadway Hollywood, a storied full concierge building with unmatched walkability. 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. The unit is virtually staged.
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 | 1,083 | 1,219.385 |
| Lot Size | 22,507 | 27,236.074 |
| Price | $540.0K | $800.2K |
| Price per sq ft | $499 | $650 |
| Built year | 1928 | 1979 |
| HOA | $1325.0 | $685 |
| Days on market | 20 | 72 |
Aug 21, 2026
$540,000
Initial Listing
Aug 20, 2026
$569,000
Initial Listing
Sep 2, 2011
$385,000
Public Record