939 S Broadway 308, Los Angeles, California 90015, Los Angeles, 90015 - 2 bed, 1 bath
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939 S Broadway 308
Los Angeles, California 90015
ACTIVE
CONDITION: EXCELLENT
2Beds
1Baths
940Sq Ft
15,498Lot Size
Property Price
LIST PRICE$599,000
EST. MARKET VALUE
$571,395
4% AboveMARKET VALUE
SUMMARY
This loft-style residence represents a High-Potential Investment Opportunity, listed at a List Price of $599,000—positioned well below the $573,667 Fair Market Value by -4%. Located in the iconic Western Costume Building, this unit features a Condition Rating of 2, boasting high-end modern renovations, quartz countertops, and industrial-style windows with City Lights views. With building-approved Airbnb versatility and premium amenities like a rooftop pool and spa, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated, income-generating urban asset in the heart of Downtown Los Angeles.
Estimated Market Value
$571,395
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 |
|---|---|---|---|---|---|---|
★ 939 S Broadway 308 Subject | $599,000* List Price | 2 | 1 | 940 | $608 | - |
A 939 S Broadway 404 Sold | $442,825 | 1 | 1 | 750 | $590 | 0.0 mi |
B 1100 S Hope Street 914 Sold | $495,000 | 1 | 1 | 947 | $523 | 0.3 mi |
C 645 W 9th Street 715 Sold | $588,000 | 2 | 2 | 960 | $613 | 0.3 mi |
D 600 W 9th Street 305 Sold | $575,000 | 2 | 2 | 1,193 | $482 | 0.3 mi |
E 1155 S Grand Avenue 1103 Sold | $575,000 | 1 | 2 | 1,120 | $513 | 0.3 mi |
F 1100 S Hope Street 911 Sold | $559,000 | 1 | 1 | 908 | $616 | 0.3 mi |
G 939 S Broadway 304 Active | $619,000 List Price | 1 | 1 | 750 | $825 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1924, the unit has undergone a high-end modern renovation within the last 5 years. It features mint-condition finishes including quartz countertops, stainless steel appliances, updated flooring, and modern HVAC systems with exposed ductwork, requiring no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Short-Term Rental Versatility
This property is located in one of the rare Downtown Los Angeles buildings that permits Airbnb, offering significant investment potential for short-term rental income.
- Prime Location and Amenities
Situated in the heart of DTLA near the Ace Hotel and a future Erewhon, the building offers premium amenities including 24-hour security, a rooftop pool, and a fitness center.
- Historic Industrial Aesthetic
Housed in the iconic Western Costume Building, the loft features 9-foot ceilings, industrial-inspired design, and modern upgrades like quartz countertops and stainless steel appliances.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 850, other record living area = 940. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 1, other record bedroom count = 2.
- Limited Bathroom Ratio
The unit features a two-bedroom configuration but only one bathroom, which may be a drawback for families or co-living arrangements.
- Compact Living Space
With 850 square feet divided into two bedrooms, the individual rooms and common areas may feel relatively small compared to traditional open-concept lofts.
About 939 S Broadway 308
Welcome to a Stunning Loft-Style Residence in the Heart of Downtown Los Angeles at the former iconic Western Costume Building. This bright and airy 2-bedroom, 1-bath loft-style condo offers a rare blend of historic character and modern sophistication. A west-facing orientation fills the primary bedroom with natural light, perfectly complementing its industrial-inspired design and timeless architectural appeal. Soaring 9-foot ceilings and an open-concept layout create a seamless flow between the living, dining, and kitchen spaces, ideal for both everyday living and entertaining. The residence is enhanced by high-end finishes throughout, including sleek stainless steel appliances, luxurious quartz countertops, and curated designer details that elevate the space. Whether you're seeking a stylish urban residence, a long-term investment, or a potential short-term rental opportunity, this property offers exceptional versatility. This building is one of the few that allows Airbnb and this unit is one of the few 2 bedrooms - and with windows in each room! Building amenities include 24-hour security, a rooftop pool and spa, on-site fitness center, additional storage and more lifestyle conveniences. Ideally located next to the iconic Ace Hotel, with a highly anticipated Erewhon coming soon downstairs, and just moments from Crypto.com Arena, dining, shopping, and cultural destinations, this residence places you at the center of Downtown Los Angeles living.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1924
- Lot Size
- 15,498 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $585.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 940 | 1,219.385 |
| Lot Size | 15,498 | 27,236.074 |
| Price | $599.0K | $800.2K |
| Price per sq ft | $637 | $650 |
| Built year | 1924 | 1979 |
| HOA | $585.0 | $685 |
| Days on market | 37 | 72 |
Pricing History
Listed for Sale
Aug 3, 2026
$599,000
Initial Listing
Sold
Oct 26, 2022
$649,000
Public Record