849 S Broadway, Los Angeles, California 90014, Los Angeles, 90014 - 1 bed, 1 bath
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849 S Broadway
Los Angeles, California 90014
ACTIVE
CONDITION: GOOD
1Beds
1Baths
1,120Sq Ft
22,851Lot Size
Property Price
LIST PRICE$799,000
EST. MARKET VALUE
$759,542
5% AboveMARKET VALUE
SUMMARY
This historic loft in the Eastern Columbia building represents a Strong Value Opportunity, listed at $799,000—positioned well above the $759,542 Fair Market Value by 5%. While priced at a premium, the property offers significant financial advantages through the Historic Mills Act, providing substantial property tax savings. Featuring a Condition Rating of 3, the unit includes a gourmet kitchen, hardwood floors, and an EV-ready parking space. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking an iconic DTLA lifestyle.
Estimated Market Value
$759,542
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 849 S Broadway Subject 1 bd · 1 ba · 1,120 sqft · $678 | $799,000* List Price | 1 | 1 | 1,120 | $678 | - |
A 849 S Broadway M09 Active 1 bd · 1 ba · 990 sqft · $596 | $590,000 List Price | 1 | 1 | 990 | $596 | - |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although located in a historic 1930 Art Deco building, the loft interior is well-maintained, functional, and move-in ready. It features pristine hardwood floors, modern exposed HVAC ductwork, an updated bathroom with contemporary tiling, and a gourmet kitchen with stainless steel appliances.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Tax Benefits
The property is under the Historic Mills Act, providing owners with substantial property tax savings, which is a major financial incentive for a luxury DTLA residence.
- Iconic Building & Amenities
Located in the historic Eastern Columbia building, residents enjoy world-class amenities including one of DTLA's most famous rooftop pools, a Zen garden, and 24/7 lobby staff.
- Modern Infrastructure
Rare for a 1930s historic building, this unit features an assigned parking space with a dedicated EV charging station, catering to modern lifestyle needs.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1120, other record living area = 2540. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 1, other record bedroom count = 2.
- High Carrying Costs
The monthly association fee of $1,719 is quite high for a one-bedroom unit, which may impact the overall affordability and monthly budget for potential buyers.
- Lower School Ratings
The assigned public middle and high schools have low performance ratings (3/10), which could be a drawback for families prioritizing local education quality.
About 849 S Broadway
EV CHARGING ASSIGNED TO PARKING SPACE !!! Under Historic Mills Act so the HUGE special properties SAVING!!! Beautiful unit located in the Broadway Theater District of Downtown Los Angeles is the historic Eastern Columbia building. This beautifully designed 1 bedroom and 1 bathroom loft has large windows lining the loft, providing a view of Broadway and the historic district below. Notable features of the unit offers a gourmet kitchen with stainless steel appliances and hardwood floors. Formal lobby complete with front desk staff, a Zen garden, a gym, fireplace, and one of the most iconic rooftop pools and please decks offered in DTLA. One parking space is included and there's extra parking spaces available for lease. Many shops, restaurants, grocery stores nearby!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1930
- Lot Size
- 22,851 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1719.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Ninth Street School
Grades K-5 • 0.7 mi
5/10
John H. Liechty Middle School
Grades 6-8 • 1.2 mi
3/10
Belmont Senior High School
Grades 9-12 • 1.3 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,120 | 1,252.996 |
| Lot Size | 22,851 | 26,029.603 |
| Price | $799.0K | $778.5K |
| Price per sq ft | $713 | $629 |
| Built year | 1930 | 1981 |
| HOA | $1719.0 | $676 |
| Days on market | 42 | 74 |
Pricing History
Listed for Sale
Sep 28, 2026
$799,000
Initial Listing
Sold
Oct 11, 2016
$2,545,000
Public Record