
Los Angeles, California 90015
This High-Potential Investment Opportunity is a rare DTLA loft listed at $375,000, positioned slightly above the $358,812 Fair Market Value. Housed in a 1924 Gothic Revival landmark, this unit features a Mint Condition Rating with modern quartz finishes and exposed HVAC. Its standout feature is Short-Term Rental Eligibility, providing a unique income-generating asset. With a Rooftop Pool and Spa and proximity to the Crypto.com Arena, this property is an ideal acquisition for Buy-and-Hold Investors or Urban Professionals seeking a flexible, high-amenity pied-à-terre.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 939 S Broadway Subject | $375,000* List Price | 1 | 1 | 660 | $544 | - |
A 645 W 9th Street 741 Sold | $420,000 | 1 | 1 | 790 | $532 | 0.3 mi |
B 939 S Broadway 404 Active | $449,000 List Price | 1 | 1 | 750 | $599 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building is a 1924 landmark, the unit features a high-end modern renovation likely completed within the last 5 years. The interior boasts a contemporary kitchen with quartz countertops, stainless steel appliances, updated flooring, and modern exposed HVAC ducting, putting it in mint, move-in-ready condition.
As one of the rare buildings in Downtown Los Angeles that permits short-term rentals, this property offers a unique and lucrative opportunity for investors or those seeking a flexible pied-à-terre.
Housed in a 1925 Gothic Revival landmark, the residence features soaring ceilings, oversized windows, and a grand marble lobby, blending iconic Los Angeles history with modern interior upgrades.
The property boasts high-end lifestyle features including a rooftop pool and jacuzzi with panoramic skyline views, an on-site Zinqué café, and immediate proximity to the United Theater and Crypto.com Arena.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 660, other record living area = 8350.
At 660 square feet, the loft's footprint is relatively small, which may limit storage options and feel restrictive for long-term residents or those with significant furniture.
The association fee of $547 per month is quite high relative to the unit's square footage, which could impact the overall monthly carrying costs and net investment returns.
Welcome to Residence 302, a beautifully upgraded loft inside one of the rare DTLA buildings that permits short-term rentals, offering a true blend of lifestyle and opportunity in the heart of Downtown. Housed in a 1925 Gothic Revival landmark, this home pairs the character of old Los Angeles with a thoughtfully modernized interior. Soaring ceilings and oversized windows flood the open loft layout with natural light, while upgraded finishes — quartz countertops, stainless steel appliances, and a kitchen that flows effortlessly into the living space — make it as livable as it is beautiful. The building itself is unforgettable. A dramatic marble lobby, grand glass archways, and original chandelier details make every arrival feel special, while the rooftop pool and jacuzzi deliver panoramic views of the LA skyline. Downstairs, Zinqué café becomes your morning ritual — and just beyond your door, the United Theater, Crypto.com Arena, and some of the city's most celebrated dining, nightlife, and shopping await. Whether you're seeking a striking city residence, a pied-à-terre, or a flexible investment in one of Downtown's most iconic addresses, Residence 302 offers it all — history, design, and possibility in a single set of keys.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 660 | 1,243 |
| Lot Size | 15,498 | 24,016 |
| Price | $375.0K | $805.6K |
| Price per sq ft | $568 | $659 |
| Built year | 1924 | 1981 |
| HOA | $547.0 | $684 |
| Days on market | 16 | 71 |
Jul 6, 2026
$375,000
Initial Listing