1645 Vine Street 504, Los Angeles, California 90028, Los Angeles, 90028 - 1 bed, 1 bath
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Los Angeles, California 90028
This Historic Luxury Loft represents a Prime Investment Opportunity, listed at $748,000—positioned well below the $769,893 Fair Market Value by 2%. This strategic entry point offers $21,893 in Instant Equity complemented by significant Mills Act tax savings. Maintaining a Good Condition Rating, the unit features Kelly Wearstler-designed interiors, soaring ceilings, and access to a resort-style rooftop with a pool and Hollywood Sign views. This landmark residence is an ideal acquisition for urban professionals or Owner-Occupants seeking iconic Hollywood character.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1645 Vine Street 504 Subject | $748,000* List Price | 1 | 1 | 1,510 | $510 | - |
A 6253 Hollywood Boulevard 307 Sold | $660,000 | 2 | 2 | 1,150 | $574 | 0.1 mi |
B 6250 Hollywood Boulevard 7c Sold | $770,000 | 2 | 2 | 1,270 | $606 | 0.1 mi |
C 6001 Carlton Way 105 Sold | $705,000 | 2 | 2 | 1,150 | $613 | 0.4 mi |
D 7062 Hawthorn Avenue 101 Sold | $680,000 | 2 | 2 | 1,220 | $557 | 1.0 mi |
E 1455 N Bronson Avenue 4 Sold | $610,000 | 1 | 2 | 1,245 | $490 | 0.6 mi |
F 6250 Hollywood Boulevard 6k Active | $849,000 List Price | 2 | 2 | 1,480 | $574 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and reflects a high-quality adaptive reuse conversion. While the building dates to 1928, the interior features modern systems, including stainless steel kitchen appliances, contemporary dark wood cabinetry, and updated bathroom fixtures with a double vanity. The flooring and track lighting are well-maintained, and the overall aesthetic remains stylish and functional. It fits the 'good' criteria as the renovation likely occurred during the building's conversion approximately 15-17 years ago, showing minimal wear and tear.
The property qualifies for the Mills Act, providing owners with substantial property tax savings, which significantly enhances the long-term financial appeal of this historic landmark residence.
Located in the legendary Broadway Hollywood building with interiors designed by Kelly Wearstler, the unit features soaring ceilings, oversized windows, and a flexible loft-style layout that captures authentic Hollywood character.
Residents have access to a resort-style rooftop deck featuring a pool, spa, cabanas, and a fitness center, all offering world-class views of the Hollywood Sign and Capitol Records building.
The monthly HOA fee of $1,930.48 is considerably high for a one-bedroom unit, which may be a deterrent for buyers sensitive to monthly carrying costs.
Situated at the world-famous intersection of Hollywood and Vine, the property is subject to high levels of tourist traffic, noise, and urban activity typical of a dense entertainment district.
** BY APPOINTMENT ONLY ** Residence 504 at the legendary Broadway Hollywood stands out as one of the best values in the building, offering an accessible entry into one of Los Angeles' most iconic full-service landmark addresses. Originally built in 1928 as the historic Broadway Department Store, this celebrated Hollywood and Vine residence captures the character and scale buyers come here for. Soaring ceilings, oversized windows, and a flexible live/work layout with a loft-style bedroom area create a space that has made Broadway Hollywood so enduringly sought after. Owners enjoy the coveted Mills Act, which can provide substantial property tax savings, along with a resort-style rooftop amenity package featuring a pool, spa, cabanas, sun deck, fitness center, and sweeping views of the Hollywood Sign, Capitol Records, the Hollywood Hills, and the city skyline. Designed by Kelly Wearstler, the building also offers 24-hour concierge and security, controlled access, valet parking, and an unbeatable location moments from Katsuya, the W Hotel, the Pantages Theatre, Trader Joe's, Equinox, Barry's, Bristol Farms, the Metro, and the best of Hollywood dining, nightlife, and entertainment. For buyers who want the pedigree, amenities, tax advantages, and lifestyle of Broadway Hollywood without paying for one of the building's larger and more expensive residences, Residence 504 is a particularly compelling opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 38% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 1,510 | 1,195 | 69% |
| Lot Size | 22,507 | 22,503.5 | 50% |
| Price | $748.0K | $694.0K | 69% |
| Price per sq ft | $495 | $608 | 19% |
| Built year | 1928 | 2006 | 25% |
| HOA | $1930.48 | $1.2K | 69% |
| Days on market | 15 | 231 | 6% |
Apr 7, 2026
$748,000
Initial Listing
May 29, 2019
$825,000
Public Record
Mar 22, 2012
$630,000
Public Record