939 S Broadway #1001, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath
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Los Angeles, California 90015
This Rare Short-Term Rental Approved Condo is listed at $499,000, positioned below the $501,711 Fair Market Value by 1%. This valuation provides $2,711 in Instant Equity. Located in the landmark Western Costume Building, the unit features a Mint Condition Rating with soaring 12-foot ceilings and a light-drenched corner layout. Its explicit approval for Airbnb and VRBO offers a significant income-producing advantage in the Los Angeles Unified district, complemented by a resort-style rooftop pool and panoramic city views. This is a strategic acquisition for Short-Term Rental Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 939 S Broadway #1001 Subject | $470,000* List Price | 1 | 1 | 760 | $607 | - |
A 939 S Broadway 505 Sold | $435,000 | 1 | 1 | 760 | $572 | 0.0 mi |
B 1050 S Grand Avenue 705 Sold | $510,000 | 1 | 1 | 683 | $747 | 0.3 mi |
C 1050 S Grand Avenue 1405 Sold | $487,500 | 1 | 1 | 686 | $711 | 0.2 mi |
D 645 W 9th Street 741 Sold | $420,000 | 1 | 1 | 790 | $532 | 0.3 mi |
E 1119 Albany Street 225 Sold | $355,000 | 1 | 1 | 650 | $546 | 1.0 mi |
F 1100 S Hope Street 1507 Sold | $530,000 | 1 | 1 | 860 | $616 | 0.3 mi |
G 939 S Broadway 404 Active | $449,000 List Price | 1 | 1 | 750 | $599 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building dates to 1924, the unit itself features a high-end, contemporary renovation. The kitchen is updated with stainless steel appliances, the bathroom is described as polished and contemporary, and the unit includes modern systems such as in-unit laundry and visible HVAC ducting. The interior is in mint, move-in ready condition.
A rare and significant investment advantage in DTLA, this building is explicitly approved for Airbnb and VRBO, offering high income-producing potential ahead of the 2028 Olympics.
Situated in the landmark 1924 Western Costume Building, the unit features soaring 12-foot ceilings and a corner-unit layout that maximizes natural light and provides a sense of scale beyond its square footage.
The property offers a resort-style lifestyle with a rooftop pool, spa, and cabanas featuring panoramic views, complemented by 24-hour security and a highly walkable 'Historic Core' location.
With only 760 square feet of living area, the unit may feel restrictive for long-term residents or those requiring significant storage and transition space.
The listing notes 'peek-a-boo' views, indicating that the city skyline visibility is likely partially obstructed by neighboring high-rises in the dense Broadway corridor.
Corner Unit. 10th Floor. Rare Short Term Rental / VRBO -Approved Building in DTLA. And the Olympics Are Coming.This is not just a home it's a rare income-producing asset hiding in plain sight…….Welcome to Unit #1001 at 939 S. Broadway, a stunning corner unit perched on the 10th floor of the iconic Western Costume Building , a 1924 Hollywood landmark in the heart of DTLA's Historic Core. Large windows fill this light-drenched space with natural light peakaboo views of the Broadway corridor and the city skyline. At 760 square feet with soaring 12-foot ceilings, this unit feels far larger than it lives.The open layout flows seamlessly from an updated kitchen with stainless steel appliances into a generous living and dining area whether you're hosting or unwinding. The bedroom is a true retreat, the bath is polished and contemporary, and the in-unit washer/dryer means you never have to leave.But the real story here is the building itself.939 S. Broadway is one of the few condo buildings in Downtown LA openly approved for Airbnb and VRBO. Not tolerated. Not a gray area. Approved. With the 2028 LA Olympics two years away, this isn't just a lifestyle purchase , it's one of the most compelling short-term rental investment in the city.Resort-style ROOFTOP with pool, spa, cabanas, BBQ, and panoramic skyline views. 24-hour security. Historic lobby. Downstairs anchor tenant Zinque restaurant. Steps from Grand Central Market, Whole Foods, Ralphs, LA Live, the Arts District, and multiple Metro lines. Priced to sell. Corner unit. Top floor. Schedule your private showing today.**** some photos have been digitally altered ***
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 2.0 | 44% |
| Square foot | 760 | 1,230 | 30% |
| Lot Size | 15,498 | 44,583 | 11% |
| Price | $470.0K | $617.0K | 22% |
| Price per sq ft | $618 | $618 | 50% |
| Built year | 1924 | 2007 | 4% |
| HOA | $524.0 | $986 | 7% |
| Days on market | 38 | 227 | 7% |
May 25, 2026
$470,000
$499,000
-6% Price Drop
Initial Listing
Apr 29, 2026
$499,000
Initial Listing
Mar 18, 2020
$549,000
Public Record