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939 S Broadway 6m, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath

939 S Broadway 6m, Los Angeles, California 90015 home-pic-0
ACTIVE$465,000
939 S Broadway 6m, Los Angeles, California 90015
1Bed
1Bath
655Sqft
15,498Lot
Year Built
1924
Close
-
List price
$465K
Original List price
$655K
Price/Sqft
$710
HOA
$504.8
Days on market
-
Sold On
-
MLS number
25509779
Home ConditionExcellent
Features
Excellent View:
Deck
Pool
Spa
View

About this home

We found 3 Cons,5 Pros. Rank: price - $465.0K(19th), sqft - 655(9th), beds - 1(50th), baths - 1(50th).

939 S Broadway is on the West side of Broadway, North of Olympic. next to the United Artist Theater. Zinque Cafe is located in the same Bldg and two doorsdown from the Bldg entrance.Remarks: Welcome home to 939 S. Broadway, an absolute gem nestled amongst the iconic United Theater on Broadway and located in the vibrant Historic Core ofDowntown Los Angeles. This stunning transformation of the former Western Costume Building combines timeless architectural elements from the Art Deco period withsleek, modern living amenities. Each residence has been carefully crafted to offer an exceptional blend of style and comfort, featuring stainless steel appliances and Quartzcountertops that elevate the lofts industrial chic interiors. Choose from one and two-bedroom condos ranging from 655 to 1,340 square feet, where open concept livingmeets soaring ceilings, creating the perfect retreat for both private use, a live-work scenario, or building-approved short-term rentals. Immerse yourself in the energy ofDowntown LA with trendy hotels & cafes, chic boutiques, and cultural landmarks right at your doorstep. Whether you're exploring the city or seeking a private escape, 939S. Broadway is the perfect launchpad for your urban adventure. The building amenities include 24/7 front desk & security, on-site management, a spectacular rooftop sundeck with a pool, spa, cabanas, gym, and some of the most iconic views of Downtown LA that you will find.

Condition Rating
Excellent
Despite being built in 1924, the property has undergone a 'stunning transformation' into a modern loft. The images confirm a fully renovated interior with sleek, contemporary finishes. The kitchen features stainless steel appliances and Quartz countertops, while the bathroom boasts modern fixtures and a glass-enclosed shower. Light-colored large format tile flooring is consistent throughout, and the exposed ductwork adds to the industrial-chic aesthetic. All components appear new or virtually new, reflecting a high-quality, recent renovation.
Pros & Cons

Pros

Prime Downtown LA Location: Nestled in the vibrant Historic Core of Downtown Los Angeles, adjacent to the iconic United Theater, offering immediate access to trendy cafes, boutiques, and cultural landmarks.
Exceptional Building Amenities: Features a spectacular rooftop sundeck with a pool, spa, cabanas, gym, 24/7 front desk & security, and on-site management, providing a luxurious and convenient urban lifestyle.
Short-Term Rental (STR) Approved: The building allows for approved short-term rentals, offering significant income potential and flexibility for investors or owners seeking rental revenue.
Historic Charm with Modern Upgrades: A stunning transformation of a 1924 Art Deco building, blending timeless architectural elements with sleek, modern interiors, stainless steel appliances, and quartz countertops.
Significant Price Adjustment: The property has seen a substantial price reduction from its original list price of $655,000 to $465,000, potentially indicating a strong value proposition or motivated seller.

Cons

High Monthly Association Fees: The association fee of $504.8 is relatively high for a 655 sqft unit, which could impact monthly carrying costs and overall affordability.
Compact Unit Size: At 655 sqft, the 1-bedroom unit offers limited living space, which may not be suitable for buyers seeking more expansive accommodations.
Urban Noise and Density: Located in a bustling downtown area next to a theater and with ground-floor cafes, the property may be subject to higher levels of urban noise and activity, which might not appeal to all residents.

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