
Los Angeles, California 90028
This Historical Condominium represents a Strong Value Opportunity, listed at $550,000—positioned above the $509,623 Fair Market Value. While priced at a premium, the property offers significant long-term financial benefits through Mills Act Tax Savings. Featuring a Condition Rating of 3, the unit is move-in ready with contemporary finishes and access to a Resort-Style Rooftop with panoramic views. This asset is ideal for Buy-and-Hold Investors seeking rental demand or Owner-Occupants desiring an iconic Hollywood lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1645 Vine Street 303 Subject | $550,000* List Price | 1 | 1 | 920 | $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 105 Sold | $705,000 | 2 | 2 | 1,150 | $613 | 0.4 mi |
E 1645 Vine Street 301 Active | $589,000 List Price | 1 | 1 | 1,083 | $544 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building is a 1928 historical monument, the interior features a contemporary renovation with a modern kitchen, stainless steel appliances, and updated HVAC systems. The finishes and fixtures appear to be in the 5-15 year age range, well-maintained, and move-in ready.
As a designated historical monument, the building qualifies for the Mills Act, providing owners with substantial property tax reductions that significantly lower the annual cost of ownership.
Situated at the legendary corner of Hollywood & Vine, the property offers unparalleled walkability to the Metro, Pantages Theatre, Trader Joe's, and elite social clubs like The Aster.
The property features a Kelly Wearstler-designed interior and a premier rooftop amenity package, including a pool, fitness center, and valet parking, offering a high-end resort lifestyle.
The monthly HOA fee of $1,571 is considerably high for a sub-1,000 square foot one-bedroom unit, which may deter budget-conscious buyers or impact financing eligibility.
Located in one of Los Angeles' most active entertainment hubs, the unit is subject to significant street noise and high tourist traffic, which may not appeal to those seeking a quiet residential environment.
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 with a stunning Resort-Style Rooftop Amenity Package, boasting private cabana's, sun-deck, pool/spa, fitness center and panoramic views of The Hollywood Sign & The Hollywood Hills! Designed by Kelly Wearstler and Un-matched 24 hr Security! Super Bright Condo with impressive oversized window views of the Iconic corner of "Hollywood & Vine" perched above Katsuya! Over 900sf of comfort, stainless steel appliance package, huge kitchen island and 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 2.0 | 36% |
| Square foot | 920 | 1,150 | 27% |
| Lot Size | 22,507 | 22,500 | 64% |
| Price | $550.0K | $705.0K | 18% |
| Price per sq ft | $598 | $598 | 50% |
| Built year | 1928 | 1929 | 36% |
| HOA | $1571.0 | $546 | 73% |
| Days on market | 13 | 163 | 18% |
Jun 1, 2026
$550,000
Initial Listing
Mar 27, 2018
$620,000
Public Record
Dec 16, 2014
$540,000
Public Record