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849 S Broadway 610, Los Angeles, California 90014, Los Angeles, 90014 - 1 bed, 1 bath

849 S Broadway 610, Los Angeles, California 90014 home-pic-0
ACTIVE$870,000
849 S Broadway 610, Los Angeles, California 90014
1Bed
1Bath
1,200Sqft
22,851Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Historic Mills Act Contract: The property benefits from a coveted historic Mills Act contract, offering owners up to 70% off property taxes, providing significant long-term financial savings.
Top Cons:
High HOA Dues: The association fee of $1356.0 per month is substantial, which could be a significant ongoing cost for potential buyers, despite including parking and some utilities.

Compared to the nearby listings

Price:$870.0K vs avg $412.0K (+$458,000)78%
Size:1,200 sqft vs avg 810 sqft78%
Price/sqft:$725 vs avg $53589%

More Insights

Built in 1930 (95 years old).
Condition: This loft, located in the iconic 1930 Eastern Columbia building, presents as fully renovated to a very high standard. The description highlights a 'Kelly Wearstler designed bathroom' with a soaking tub and penny tiles, indicating a recent, high-end update. The kitchen features modern stainless steel appliances and contemporary cabinetry. Polished concrete floors throughout, high ceilings, and modern light fixtures contribute to a sleek, current aesthetic. All components appear new or virtually new, meeting current quality standards with no deferred maintenance. The building itself has received recent preservation awards, reinforcing a well-maintained and updated environment.
Year Built
1930
Close
-
List price
$870K
Original List price
$885K
Price/Sqft
$725
HOA
$1,356
Days on market
-
Sold On
-
MLS number
25493124
Home ConditionExcellent
Features
Excellent View: City Lights
Deck
ViewCity Lights

About this home

PROPERTY WAS LEASED. Gorgeous open plan LIVE/WORK loft w/balcony situated in the iconic Eastern Columbia building, known as the "jewel of downtown." The stunning Art Deco building was designed by Claud Beelman and is a recent winner of the 2025 LA Conservancy Award and the 2025 Preservation Design Award from the California Preservation Foundation. The building currently benefits from the coveted historic Mills Act contract that offers property owners up to 70% off property taxes. This spacious and bright 1200sf loft features the best L-shaped layout with soaring ceilings and massive west-facing windows that let in an abundance of natural light. The NYC style loft features polished concrete floors throughout, and with an open plan living/dining/entertaining layout to meet your creative needs. Enjoy city and sunset views of downtown from a rare private balcony off the living area. The kitchen features stainless steel appliances, a huge double closet in entryway with combo washer/dryer unit inside. The Kelly Wearstler designed bathroom features a soaking tub with penny tiles. 1 covered parking space is included with the unit. HOA Dues include parking, water, trash, gas. The Eastern Columbia has a stunning rooftop pool, sun deck, spa, and fitness center with breathtaking views of DTLA. There is a Kelly Wearstler designed lobby with a 24/7 reception desk and security, courtyard, dog area, additional laundry facilities and attached parking garage. Within blocks to everything including Whole Foods, Fashion District, Orpheum, Proper and Hoxton hotels, Metro, The Broad, IL Caffe, Cliftons, Cabra, Caldo Verde, Zinque, Walt Disney Concert Hall, The Bloc, Fashion District, City Market South, Grand Central Market, and more.

Nearby schools

5/10
Ninth Street School
Public,•K-5•0.7mi
3/10
John H. Liechty Middle School
Public,•6-8•1.2mi
3/10
Belmont Senior High School
Public,•9-12•1.3mi

Price History

Date
Event
Price
03/01/17
Sold
$771,000
06/30/11
Sold
$350,000
03/05/07
Sold
$587,000
Condition Rating
Excellent
This loft, located in the iconic 1930 Eastern Columbia building, presents as fully renovated to a very high standard. The description highlights a 'Kelly Wearstler designed bathroom' with a soaking tub and penny tiles, indicating a recent, high-end update. The kitchen features modern stainless steel appliances and contemporary cabinetry. Polished concrete floors throughout, high ceilings, and modern light fixtures contribute to a sleek, current aesthetic. All components appear new or virtually new, meeting current quality standards with no deferred maintenance. The building itself has received recent preservation awards, reinforcing a well-maintained and updated environment.
Pros & Cons

Pros

Historic Mills Act Contract: The property benefits from a coveted historic Mills Act contract, offering owners up to 70% off property taxes, providing significant long-term financial savings.
Iconic & Award-Winning Building: Located in the iconic Eastern Columbia Building, a stunning Art Deco landmark designed by Claud Beelman, and a recipient of prestigious preservation awards, adding significant prestige and architectural value.
Prime DTLA Location & Walkability: Situated within blocks of major attractions, including Whole Foods, cultural institutions (Orpheum, Broad, Walt Disney Concert Hall), diverse dining, hotels, and metro access, offering unparalleled urban convenience.
Premium Building Amenities: Residents enjoy access to a stunning rooftop pool, sun deck, spa, fitness center with breathtaking DTLA views, a Kelly Wearstler designed lobby with 24/7 reception and security, courtyard, dog area, and included covered parking.
Spacious & Stylish Loft Design: A generous 1200 sqft open-plan live/work loft featuring soaring ceilings, massive west-facing windows for abundant natural light and city/sunset views, polished concrete floors, a designer bathroom, and a rare private balcony.

Cons

High HOA Dues: The association fee of $1356.0 per month is substantial, which could be a significant ongoing cost for potential buyers, despite including parking and some utilities.
Limited Bedroom Configuration: The property features only one bedroom and one bathroom, which may limit its appeal to a smaller demographic, primarily individuals or couples, and may not suit those requiring more private sleeping or living spaces.
Open-Plan Layout: While a strength for some, the open-plan live/work loft layout inherently offers less traditional separation and privacy compared to conventional condominiums, which might not appeal to all buyers desiring distinct rooms.

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