939 S Broadway 304, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath
939 S Broadway 304
Los Angeles, California 90015
Property Price
SUMMARY
Analysis of 939 S Broadway 304, Los Angeles, California 90015 is currently available with a list price of $619,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite the 1924 build year, the unit has clearly undergone an extensive and recent renovation. The kitchen features modern white and two-tone cabinetry, quartz countertops, and stainless steel GE appliances that appear new or virtually new. The bathroom boasts a contemporary floating vanity, illuminated mirror, and modern tiling. Flooring throughout is consistent, neutral tile. The description mentions upgraded soundproof windows and the property is presented as a turnkey investment, indicating all components are in excellent, current condition with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey AirBnB Investment
The property is explicitly marketed as a successful, income-generating AirBnB with all furnishings included and approved Transient Occupancy Tax (TOT) permits, making it a ready-to-operate business from day one.
- Prime DTLA Location
Situated in a highly desirable downtown Los Angeles location, it offers proximity to shops, restaurants/bars, and the Crypto Arena, ensuring high demand for short-term rentals and potential for appreciation.
- Comprehensive Building Amenities
The building provides premium amenities including a rooftop pool/spa, on-site gym, 24-hour security, and notably, the lowest HOA fees in DTLA, enhancing both guest experience and owner value.
CONSRISKS & DEFICIENCIES
- Restricted Showing Access
As an active AirBnB, viewings are limited to 'cleaning days' and require advance coordination with the listing agent, which may pose a challenge for prospective buyers to schedule convenient visits.
- Annual AirBnB Permit Renewal
The Transient Occupancy Tax (TOT) permits, essential for legal short-term rental operation, are renewable on a yearly basis, introducing an ongoing administrative requirement and potential for future uncertainty.
- Unspecified Parking Availability
The property description does not mention parking, which can be a significant concern and potential inconvenience for both owners and guests in a dense urban environment like DTLA.
About 939 S Broadway 304
Amazing AirBnB investment opportunity in DTLA! This art-deco themed unit boasts 9' ceilings, upgraded soundproof windows, natural light, neutral tile, quartz counters, and SS appliances. Everything conveys. Everything is included to begin generating income from Day 1. This is an opportunity to purchase a successful short-term rental in a prime location, close to shops, restaurants/bars, and Crypto arena. Building amenities include rooftop pool/spa, on site gym, 24-hour security, and the lowest HOA fees in DTLA. This is an active AirBnB. Please text listing agent to coordinate a viewing on cleaning days. No lockbox access. Please schedule showings in advance. This property is one of the few that through a successful application is allowed to operate Transient Occupancy Tax (TOT) which allows for AIrBnB with the correct permits that are renewable on a yearly basis. To further attract this property, all Furniture and Furnishings will be included in the sale. Additionally, The unit features upgraded windows for sound deadening that sets this unit apart for comfort. This property is in a census tract that has been designated a High Cost Area. For FTHBs with income less than $10,570/mo, the High Cost Area Purchase Program offers up to $16,023 in agency credits for an interest rate buy down. Please consult with a licensed mortgage professional for more details.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1924
- Lot Size
- 15,498 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $510.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 750 | 990 | 15% |
| Lot Size | 15,498 | 41,217 | 10% |
| Price | $619.0K | $550.0K | 61% |
| Price per sq ft | $825 | $589 | 83% |
| Built year | 1924 | 2007 | 7% |
| HOA | $510.0 | $919 | 5% |
| Days on market | 167 | 213 | 27% |
Pricing History
Listed for Sale
Sep 20, 2025
$619,000
Initial Listing
Sold
Mar 27, 2020
$519,000
Public Record