
Los Angeles, California 90028
This Historic Loft is a Strong Value Opportunity, listed at $564,900—positioned well below the $609,339 Fair Market Value by 7%. This valuation gap offers $44,439 in Instant Equity for the buyer. Featuring a Mint Condition Rating and Mills Act tax benefits, this 1929 landmark offers a rare blend of architectural character and modern, turn-key finishes. With a panoramic rooftop deck and prime walkability, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a unique urban lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6253 Hollywood 602 Subject | $564,900* List Price | 1 | 1 | 1,100 | $554 | - |
A 6253 Hollywood Boulevard 307 Sold | $660,000 | 2 | 2 | 1,150 | $574 | 0.0 mi |
B 6253 Hollywood Boulevard 309 Sold | $435,000 | 1 | 1 | 850 | $512 | 0.0 mi |
C 6038 Carlton Way 101 Sold | $709,000 | 2 | 3 | 1,070 | $663 | 0.3 mi |
D 6001 Carlton Way 105 Sold | $705,000 | 2 | 2 | 1,150 | $613 | 0.4 mi |
E 6253 Hollywood Active Under Contract | $565,000 List Price | 2 | 2 | 1,160 | $487 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1929, this historic loft features a high-end, turn-key renovation likely completed within the last 5 years. The kitchen and bathroom showcase modern finishes including white shaker cabinetry, subway tile, and updated fixtures. The exposed HVAC systems appear modern and well-integrated, and the overall interior condition is mint and move-in ready.
As a designated Los Angeles Historic-Cultural Monument, this property qualifies for the Mills Act, providing the owner with substantial and ongoing property tax savings.
Built in 1929, the loft features soaring ceilings and oversized windows that offer authentic architectural charm and abundant natural light rarely found in modern developments.
Located in the heart of Hollywood, the property is steps from the Metro B Line, premier dining like Katsuya, and essential amenities including Trader Joe's and Equinox.
The association fee of $1,179.45 is relatively high for a one-bedroom unit, which significantly increases the monthly carrying costs for the owner.
Situated directly across from a major Metro station in a bustling commercial hub, the unit may be subject to significant street noise and high pedestrian density.
A rare opportunity to own in one of Hollywood's most storied addresses, the Lofts at Hollywood and Vine, a designated Los Angeles Historic-Cultural Monument built in 1929 and one of the few Mills Act properties in the city, delivering substantial ongoing property tax savings. This 1,100 square foot 1-bedroom loft features soaring ceilings, oversized windows with abundant natural light, in-unit laundry, and a turn-key finish that showcases the irreplaceable architectural character only a 1929 landmark can offer, all complemented by a rooftop deck with panoramic views from the Hollywood Sign to the ocean, fire pit, BBQ, and full-time doorman and valet service. Steps from Katsuya, the W Hotel, Pantages Theatre, Equinox, and Trader Joe's, with the Hollywood/Vine Metro B Line station directly across the street. Some images in this listing have been digitally altered.
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 | 1,100 | 1,219.385 |
| Lot Size | 12,604 | 27,236.074 |
| Price | $564.9K | $800.2K |
| Price per sq ft | $514 | $650 |
| Built year | 1929 | 1979 |
| HOA | $1179.45 | $685 |
| Days on market | 20 | 72 |
Aug 20, 2026
$564,900
Initial Listing
Feb 1, 2010
$425,000
Public Record