1645 Vine Street 905, Los Angeles, California 90028, Los Angeles, 90028 - 1 bed, 1 bath

1645 Vine Street 905, Los Angeles, California 90028 home-pic-0
ACTIVE$765,000
1645 Vine Street 905, Los Angeles, California 90028
1Bed
1Bath
1,000Sqft
22,507Lot
Year Built
1928
Close
-
List price
$765K
Original List price
$799K
Price/Sqft
$765
HOA
$1,586.7
Days on market
-
Sold On
-
MLS number
24468617
Home ConditionExcellent
Features
Excellent View: City Lights, Hills, Landmark, Mountain(s)
Deck
ViewCity Lights,Hills,Landmark,Mountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $765.0K(53th), sqft - 1000(35th), beds - 1(29th), baths - 1(29th).

Light and bright rare double balcony loft. Imagine a wall of beautiful French Doors and floor to ceiling windows. Step outside onto your balconies and feel sunshine from your 9th floor home. The larger balcony is the only one of its kind in the entire building with the French Doors. This enchanting loft with its 15' ceilings is a must see. Stunning views from the privacy of your own balconies. Landmark views of the Hollywood Sign and Capitol Records to the north, Griffith Park & the Observatory to the east and city lights to the south. The fifteen-foot ceilings with an open concept give you a feeling of spaciousness. Original bricks from the 1920's located on the east wall frame the large double French Doors. This floor plan is perfectly designed in an L shape with a private bedroom area. The spacious bathroom with its dual sinks and deep soaking tub is adorned with penny tiles. The Broadway Hollywood building offers a twenty-four-hour front desk attendant, valet parking, and controlled access. This historic building offers a beautiful roof top pool, spa, cabanas, and gym. The rooftop pool includes unobstructed views of the lush hills, Hollywood Sign, and Capitol Records. Entertain your most discerning guests or clients from your home or the roof top pool deck. Broadway Hollywood is a Historic Mills Act Building with amazing property tax discounts. Current 2024 Prop Tax was $2,579.00 for the entire year!

Condition Rating
Excellent

This loft, built in 1928, has undergone an extensive and high-quality renovation, presenting as virtually new. The bathroom features modern dual sinks, a deep soaking tub, and stylish black and white penny tiles, indicating a recent and thoughtful update. While the kitchen isn't fully pictured, the floor plan shows modern appliances (LG fridge, dishwasher), and the overall sleek, industrial-chic aesthetic with gleaming hardwood floors, exposed brick, and modern light fixtures suggests a consistent, recent renovation throughout. The property shows no signs of deferred maintenance and meets current quality standards, aligning with the 'excellent' criteria for extensively renovated properties.
Pros & Cons

Pros

Historic Mills Act & Tax Benefits: Designated as a Historic Mills Act Building, this property offers significant annual property tax discounts, making it a financially attractive investment.
Panoramic Landmark Views: Enjoy stunning, unobstructed views of the Hollywood Sign, Capitol Records, Griffith Park, the Observatory, and city lights from private balconies and the rooftop.
Unique Double Balcony Loft: Features a rare double balcony, with the larger one being unique to the building, complemented by 15-foot ceilings and floor-to-ceiling French doors, enhancing light and spaciousness.
Luxury Building Amenities & Services: Residents benefit from high-end amenities including a 24-hour front desk, valet parking, controlled access, a rooftop pool, spa, cabanas, and a gym.
Prime Hollywood Location: Situated in the iconic Broadway Hollywood building on Vine Street, offering a prestigious address with excellent access to entertainment and city life.

Cons

Exorbitant Monthly Association Fees: The monthly association fee of $1,586.70 is exceptionally high for a 1-bedroom unit, significantly increasing the total cost of ownership.
Limited Bedroom Count: As a 1-bedroom loft, the property caters to a specific demographic and may not suit buyers requiring additional bedrooms or more traditional living spaces.
Potential Lack of Central AC: The property description does not mention a central air conditioning system, which could be a significant comfort consideration during warmer months in Los Angeles.

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