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939 S Broadway 714, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath

939 S Broadway 714, Los Angeles, California 90015 home-pic-0
ACTIVE$579,000
939 S Broadway 714, Los Angeles, California 90015
1Bed
1Bath
990Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Downtown LA Location & Lifestyle: Situated in the vibrant heart of DTLA, offering immediate access to entertainment (The United Theater), high-end retail (Apple, Whole Foods, West Elm), diverse dining, and cultural attractions. The recent Erewhon purchase nearby further underscores the area's growing appeal and investment.
Top Cons:
High Monthly HOA Dues: The association fee of $680.1 is substantial for a 1-bedroom unit, representing a significant ongoing cost that could impact affordability and long-term investment for potential buyers.

Compared to the nearby listings

Price:$579.0K vs avg $567.0K (+$12,000)52%
Size:990 sqft vs avg 1,010 sqft50%
Price/sqft:$585 vs avg $60342%

More Insights

Built in 1924 (101 years old).
Condition: Despite being in a historic building from 1924, this unit has been extensively and recently renovated to a high standard. The description explicitly mentions a 'designer kitchen' with 'sleek stone countertops, European-style cabinetry, and high-end stainless steel appliances,' and a 'spa-inspired bathroom' with 'modern finishes and a deep soaking tub.' The images confirm these details, showcasing virtually new, contemporary fixtures, polished concrete flooring, modern lighting, and a fresh, updated aesthetic throughout. All visible components are in pristine, move-in ready condition with no signs of wear or deferred maintenance, aligning perfectly with the criteria for an 'Excellent' rating, indicating a full renovation within the last 5-10 years.
Year Built
1924
Close
-
List price
$579K
Original List price
$539K
Price/Sqft
$585
HOA
$680.1
Days on market
-
Sold On
-
MLS number
P1-23631
Home ConditionExcellent
Features
Excellent View: City Lights
Deck
Pool
Spa
ViewCity Lights

About this home

Welcome to Unit 714 at 939 S Broadway, where contemporary living meets historic charm in the heart of Downtown LosAngeles. This spacious 1-bedroom, 1-bathroom loft spans 990 square feet and offers an open-concept design withpolished concrete flooring, high ceilings, and oversized industrial windows that flood the space with natural light. Thedesigner kitchen features sleek stone countertops, European-style cabinetry, and high-end stainless steel appliances,creating the perfect balance of style and function.With only one shared wall, the bedroom area provides a private retreat, while the spa-inspired bathroom includes a deepsoaking tub and modern finishes. Convenience is key, with an elevator located near the unit for easy access. ExperienceDTLA's vibrant lifestyle right at your doorstep, with The United Theater just downstairs and top shopping destinations like the Apple Store, Urban Outfitters, Whole Foods, West Elm, and Ganni Clothing Boutique all conveniently nearby. With Recent News Of Erewhon's recent purchase of 940 South Hill Street in Los Angeles was sold for $13,500,000. This will indeed have a great impact on the energy and flow of traffic in this lovely and energetic community. Enjoy the neighborhood charm with coffee shops like ilcaffe and Verve Coffee Roasters, or explore the weekend farmers markets thatbring a lively community atmosphere to the heart of downtown. The building offers world-class amenities, including a rooftop pool, spa, lounge areas, and a BBQ area, all designed to maximize comfort while enjoying panoramic city views. HOA dues include access to these luxurious features, along with the best perk of all--views, views, views. Experience the best of Downtown Los Angeles with this stunning loft. Schedule a private tour today!

Price History

Date
Event
Price
06/24/20
Sold
$569,000
Condition Rating
Excellent
Despite being in a historic building from 1924, this unit has been extensively and recently renovated to a high standard. The description explicitly mentions a 'designer kitchen' with 'sleek stone countertops, European-style cabinetry, and high-end stainless steel appliances,' and a 'spa-inspired bathroom' with 'modern finishes and a deep soaking tub.' The images confirm these details, showcasing virtually new, contemporary fixtures, polished concrete flooring, modern lighting, and a fresh, updated aesthetic throughout. All visible components are in pristine, move-in ready condition with no signs of wear or deferred maintenance, aligning perfectly with the criteria for an 'Excellent' rating, indicating a full renovation within the last 5-10 years.
Pros & Cons

Pros

Prime Downtown LA Location & Lifestyle: Situated in the vibrant heart of DTLA, offering immediate access to entertainment (The United Theater), high-end retail (Apple, Whole Foods, West Elm), diverse dining, and cultural attractions. The recent Erewhon purchase nearby further underscores the area's growing appeal and investment.
Exceptional Building Amenities: The building boasts world-class amenities, including a rooftop pool, spa, lounge areas, and a BBQ area, all providing panoramic city views, significantly enhancing the living experience and property value.
Historic Charm with Modern Loft Design: Housed in a 1924 historic building, the unit features a contemporary open-concept loft design with polished concrete flooring, high ceilings, and oversized industrial windows that flood the space with natural light.
Updated & Designer Interior Features: The unit includes a designer kitchen with sleek stone countertops, European-style cabinetry, and high-end stainless steel appliances, complemented by a spa-inspired bathroom with a deep soaking tub and modern finishes.
Enhanced Privacy and City Views: With only one shared wall, the unit offers superior privacy for a condominium. Additionally, the building's amenities provide 'views, views, views' of the city lights, a highly desirable feature.

Cons

High Monthly HOA Dues: The association fee of $680.1 is substantial for a 1-bedroom unit, representing a significant ongoing cost that could impact affordability and long-term investment for potential buyers.
Absence of Mentioned Dedicated Parking: The property description does not explicitly mention dedicated parking, which is a critical and often expensive amenity in a dense urban environment like Downtown LA.
Exposure to Urban Noise: Located directly in the bustling heart of Downtown LA, above a theater and surrounded by commercial activity, the unit is likely exposed to significant urban noise, which may not suit all lifestyles.

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