939 S Broadway 1007, Los Angeles, California 90015, Los Angeles, 90015 - 2 bed, 1 bath
ACTIVE$780,000
939 S Broadway 1007, Los Angeles, California 90015
2Beds
1Bath
1,130Sqft
15,498Lot
Year Built
1924
Close
-
List price
$780K
Original List price
$795K
Price/Sqft
$690
HOA
$648
Days on market
-
Sold On
-
MLS number
24418075
Home ConditionFair
Features
Good View: City Lights
Pool
Spa
ViewCity Lights
About this home
We found 2 Cons,3 Pros. Rank: price - $780.0K(71th), sqft - 1130(60th), beds - 2(58th), baths - 1(50th).
Welcome to this historic gem, adjacent to the renowned Ace Hotel, that was formerly the Western Costume Building. This open layout 2 bed 1 bath unit has views of Downtown, high ceilings, washer/dryer in unit, stainless steel appliances, and lots of natural light. Also a rare opportunity to own in a condo that allows Airbnb short term rentals! Amenities include 24-hour security and secured entrance access, as well as a rooftop retreat with a pool, spa, cabanas, and gym, all offering a mesmerizing view of the city skyline. Just steps away, you can explore the city scene with dining, bars, theaters, shopping and transit.
Price History
Date
Event
Price
03/19/20
Sold
$699,000
Condition Rating
Fair
The property was built in 1924. While the listing mentions stainless steel appliances and in-unit washer/dryer, the images reveal a kitchen and bathroom that, while functional, show their age. The kitchen cabinets and bathroom fixtures appear dated. The overall condition suggests that the property has been maintained but requires updates to meet modern standards. The building's amenities, like the rooftop pool and gym, are a plus, but the unit itself needs some work.
Pros & Cons
Pros
Location: Prime Downtown LA location, adjacent to the Ace Hotel, offering easy access to dining, bars, theaters, shopping, and transit.
Short Term Rental Potential: Rare opportunity to own a condo that allows Airbnb short-term rentals, providing income potential.
Amenities and Views: Building amenities include 24-hour security, a rooftop pool, spa, cabanas, gym, and city skyline views.
Cons
Age: The building was built in 1924, which may require ongoing maintenance and potential upgrades.
Limited Bathrooms: Only one bathroom for a two-bedroom unit may be a drawback for some buyers.