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6253 Hollywood Boulevard 903, Los Angeles, California 90028, Los Angeles, 90028 - bed, 1 bath

6253 Hollywood Boulevard 903, Los Angeles, California 90028 home-pic-0
ACTIVE$540,000
6253 Hollywood Boulevard 903, Los Angeles, California 90028
0Bed
1Bath
730Sqft
12,604Lot

Price Vs. Estimate

The estimated value ($497,805.88) is $42,194.12 (7%) lower than the list price ($540,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Walkability: Located in the heart of Hollywood, offering immediate access to the Walk of Fame, theaters, fine dining, shopping, and the Metro Red Line.
Top Cons:
High Association Fees: The monthly association fee of $1,475.98 is substantial, which could be a significant ongoing cost for potential buyers.

Compared to the nearby listings

Price:$540.0K vs avg $702.5K ($-162,500)17%
Size:730 sqft vs avg 1,225 sqft11%
Price/sqft:$740 vs avg $61194%

More Insights

Built in 1929 (96 years old).
Condition: Despite the building's 1929 construction, the unit has undergone an extensive, high-quality renovation, evident in the modern industrial loft aesthetic. The kitchen features sleek white flat-panel cabinetry, stainless steel Viking appliances, and polished concrete flooring. The bathroom boasts a contemporary floating double vanity, modern fixtures, and stylish vertical subway-style tiling. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance, making it move-in ready and aligning with an 'excellent' condition rating for a recently renovated property.
Year Built
1929
Close
-
List price
$540K
Original List price
$540K
Price/Sqft
$740
HOA
$1,475.98
Days on market
-
Sold On
-
MLS number
25557191
Home ConditionExcellent
Features
Good View: City Lights, Hills
ViewCity Lights,Hills

About this home

Step into the heart of old Hollywood glamour with this stunning, move-in ready loft in the full-service building. Amenities offer the best in luxury living with 24-hour doorman service, valet parking, and access to a panoramic rooftop lounge featuring a fire pit and BBQ. A rare opportunity to own a piece of LA's cinematic history. The unit is located in a building which has been designated as a Historic-Cultural Monument and is covered under the Mills Act. This spacious loft offers dramatic, soaring windows (with included shades) flood the space with natural light and showcase captivating city views. Chef's kitchen with stainless steel Viking appliances, a spacious sleeping area with generous closet space, window with shades plus an in-unit washer and dryer for ultimate convenience. Live just steps from the Walk of Fame, theaters, fine dining, the Metro Red Line, and shopping. This is elevated loft living in the heart of Hollywood's most legendary location.

Price History

Date
Event
Price
07/01/19
Sold
$549,000
12/11/08
Sold
$510,000
Condition Rating
Excellent
Despite the building's 1929 construction, the unit has undergone an extensive, high-quality renovation, evident in the modern industrial loft aesthetic. The kitchen features sleek white flat-panel cabinetry, stainless steel Viking appliances, and polished concrete flooring. The bathroom boasts a contemporary floating double vanity, modern fixtures, and stylish vertical subway-style tiling. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance, making it move-in ready and aligning with an 'excellent' condition rating for a recently renovated property.
Pros & Cons

Pros

Prime Location & Walkability: Located in the heart of Hollywood, offering immediate access to the Walk of Fame, theaters, fine dining, shopping, and the Metro Red Line.
Luxury Building Amenities & Services: Residents benefit from full-service luxury amenities including 24-hour doorman, valet parking, and a panoramic rooftop lounge with a fire pit and BBQ.
Historic Significance & Tax Benefits: The building is a designated Historic-Cultural Monument, and the unit is covered under the Mills Act, providing significant property tax reductions.
Modern Interior & High-End Appliances: The loft is move-in ready, featuring a chef's kitchen with stainless steel Viking appliances and the convenience of an in-unit washer and dryer.
Abundant Natural Light & City Views: Dramatic, soaring windows flood the spacious loft with natural light and offer captivating city views.

Cons

High Association Fees: The monthly association fee of $1,475.98 is substantial, which could be a significant ongoing cost for potential buyers.
Compact Living Space: With 730 sqft, the loft offers a relatively compact living area, which may not appeal to buyers seeking more expansive residences.
Listed Above Estimated Value: The property's list price is approximately 7% higher than its estimated market value, potentially impacting buyer perception and negotiation.

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