
Los Angeles, California 90028
This Sophisticated Luxury Condominium represents a Strong Value Opportunity, listed at $1,099,999—positioned well below the $1,115,229 Fair Market Value by 1.37%. This valuation gap offers $15,230 in Instant Equity. Featuring a Mint Condition Rating, the residence showcases high-end modern finishes within a historic 1928 landmark. With Mills Act tax benefits, sweeping city views, and full-service amenities, this property balances historic character with modern convenience. It is an ideal acquisition for Urban Professionals or Owner-Occupants seeking a prestigious Hollywood lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1645 Vine Street 511 Subject | $1,099,999* List Price | 2 | 2 | 1,800 | $611 | - |
A 1645 N Vine Street 611 Sold | $1,095,000 | 2 | 2 | 1,800 | $608 | 0.0 mi |
B 1645 N Vine Street 706 Sold | $1,400,000 | 2 | 2 | 2,140 | $654 | 0.0 mi |
C 1645 Vine Street 409 Sold | $875,000 | 1 | 1 | 1,570 | $557 | 0.0 mi |
D 1645 Vine Street 411 Active | $1,349,000 List Price | 2 | 2 | 1,800 | $749 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building dates to 1928, the interior is a high-end modern conversion in mint condition. The kitchen features contemporary cabinetry and stainless appliances, bathrooms are updated with modern fixtures and marble-topped vanities, and the unit includes visible modern HVAC ducting and pristine hardwood floors.
As a designated Mills Act landmark, this property offers owners substantial property tax savings, significantly reducing the annual carrying costs compared to non-historic residences.
The residence features an expansive 1,800 sqft open-concept floor plan with soaring ceilings and oversized windows, perfectly blending 1928 Old Hollywood character with modern loft aesthetics.
Residents benefit from premium building services including 24-hour doorman and valet parking, providing a high level of security and convenience in a prime urban setting.
The monthly HOA fee of $2,521.16 is exceptionally high, which may be a deterrent for budget-conscious buyers despite the property tax advantages.
Situated at the iconic Hollywood & Vine intersection, the property is subject to significant street noise and heavy pedestrian traffic, which may lack the privacy and quiet sought by some residents.
Set within the iconic Broadway Hollywood, this sophisticated residence blends historic Old Hollywood character with modern loft living in the heart of Hollywood & Vine. Residence 511 offers expansive interiors, soaring scale, and an effortless sense of style within one of Los Angeles' most architecturally significant landmark buildings. Rich in character and thoughtfully designed, this west-facing home balances classic architectural detail with contemporary comfort, creating a space that feels both elevated and livable. The generous floor plan features dramatic living and entertaining spaces, oversized windows, sweeping views, and an open-concept flow ideal for both everyday living and hosting. Two spacious bedrooms and two baths provide flexibility and privacy, while the home's distinctive design and scale evoke the glamour of Hollywood's golden era. Originally built in 1928 and reimagined as a luxury residential landmark, the Broadway Hollywood is a Mills Act building with low property taxes and provides residents full-service amenities, including a 24-hour doorman, 24-hour valet, and an unmatched location at the center of Los Angeles' cultural and creative pulse. Moments from world-class dining, nightlife, studios, and the energy of Hollywood, Residence 511 presents a rare opportunity to live within a true architectural icon. As an added incentive, the seller is offering to cover the buyer's HOA dues for the first year with an acceptable offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,800 | 1,243 |
| Lot Size | 22,507 | 24,016 |
| Price | $1.10M | $805.6K |
| Price per sq ft | $611 | $659 |
| Built year | 1928 | 1981 |
| HOA | $2521.16 | $684 |
| Days on market | 40 | 71 |
Jun 12, 2026
$1,099,999
Initial Listing
Oct 6, 2023
$1,050,000
Public Record
Nov 9, 2011
$665,000
Public Record