939 S Broadway, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath
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Los Angeles, California 90015
This Income-Producing DTLA Loft is a strategic acquisition in one of the few Los Angeles buildings legally approved for Short-Term Rentals. Listed at $399,000, the price aligns closely with the $387,796 Fair Market Value, reflecting the premium of an active, fully furnished Airbnb asset. The property holds an Excellent Condition Rating, featuring soaring ceilings, quartz countertops, and a rooftop pool and spa with panoramic views. Located in a historic Gothic Revival landmark, this turnkey residence is a high-utility choice for Short-Term Rental Investors or Owner-Occupants seeking a cash-flowing urban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 939 S Broadway Subject | $399,000* List Price | 1 | 1 | 660 | $588 | - |
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 1119 Albany Street 225 Sold | $355,000 | 1 | 1 | 650 | $546 | 1.0 mi |
D 1050 S Grand Avenue 1405 Sold | $487,500 | 1 | 1 | 686 | $711 | 0.2 mi |
E 645 W 9th Street 741 Sold | $420,000 | 1 | 1 | 790 | $532 | 0.3 mi |
F 600 W 9th Street 302 Sold | $375,000 | 1 | 1 | 754 | $497 | 0.3 mi |
G 939 S Broadway 802 Active | $499,000 List Price | 1 | 1 | 675 | $739 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building is a historic 1924 landmark, the unit itself has been fully renovated and reimagined with high-quality modern finishes. The kitchen is equipped with contemporary white cabinetry, sleek quartz countertops, and stainless steel appliances. The bathroom features updated large-format wall tiling, a modern vanity, and current fixtures. With soaring ceilings, industrial-style exposed ductwork, and consistent tile flooring throughout, the property is in turnkey condition with no visible deferred maintenance, meeting the standards for a recently renovated 'excellent' rating.
As one of the rare buildings in Los Angeles legally approved for short-term rentals, this property offers a significant competitive advantage for Airbnb investors seeking immediate cash flow.
The unit is sold fully furnished with modern finishes and stainless steel appliances, eliminating the need for staging or additional capital investment before renting or moving in.
Housed in a landmark Gothic Revival building, the property features soaring ceilings and oversized windows, complemented by premium rooftop amenities including a pool and jacuzzi with panoramic skyline views.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 660, other record living area = 8350.
With only 660 square feet of living space, the unit may feel restrictive for long-term residents or buyers looking for more generous interior proportions.
Located in the heart of Downtown LA near major event venues and nightlife, the property is subject to high levels of city noise and traffic congestion typical of a dense metropolitan center.
TURNKEY & FULLY FURNISHED - Your income-producing DTLA loft starts here. This is one of the few buildings in Los Angeles approved for short-term rentals, and this unit is already operating as an active Airbnb. Buy it, own it, earn from day one. Step inside and the energy hits immediately. Soaring ceilings, oversized windows pouring in natural light, and a loft-style layout that feels open, elevated, and effortlessly cool. Originally built in 1925 and fully reimagined with modern finishes, this residence blends old-world architectural detail with the kind of clean, contemporary design that photographs beautifully and books consistently. The open kitchen flows right into the living space. Sleek quartz countertops, stainless steel appliances, and every piece of furniture already in place. This is truly turnkey. No staging, no shopping, no setup. Just keys in hand and revenue on the calendar. But this isn't just an investment, it's a lifestyle. Grab a morning espresso at Zinqué café directly downstairs. Cool off in the rooftop pool with panoramic views of the LA skyline. Unwind in the jacuzzi while the city lights up around you. The building itself is a showstopper. A Gothic Revival landmark with a dramatic marble lobby, grand glass archways, and original chandelier details that make every entrance feel like an event. Location? Unmatched. The United Theater, Crypto.com Arena, world-class restaurants, nightlife, and shopping are all at your doorstep. This is the heartbeat of Downtown LA and you're right in the middle of it. Whether you're an investor looking for a fully furnished, cash-flowing asset or a buyer ready to step into one of the most exciting neighborhoods in the city, this is the one. Turnkey. Fully furnished. Already performing. This is more than just a condo. It’s a front-row seat to the best of Downtown LA.
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 | 1.5 | 50% |
| Square foot | 660 | 1,095 | 8% |
| Lot Size | 15,498 | 41,217 | 11% |
| Price | $399.0K | $595.5K | 8% |
| Price per sq ft | $605 | $610 | 50% |
| Built year | 1924 | 2007 | 6% |
| HOA | $514.0 | $946 | 8% |
| Days on market | 23 | 214 | 3% |
Mar 30, 2026
$399,000
Initial Listing