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939 S Broadway 1001, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath

939 S Broadway 1001, Los Angeles, California 90015 home-pic-0
ACTIVE$599,900
939 S Broadway 1001, Los Angeles, California 90015
1Bed
1Bath
760Sqft
15,498Lot
Year Built
1924
Close
-
List price
$600K
Original List price
$749K
Price/Sqft
$789
HOA
$524.2
Days on market
-
Sold On
-
MLS number
BB24154671
Home ConditionGood
Features
Excellent View: City Lights
Pool
Spa
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $599.9K(56th), sqft - 760(27th), beds - 1(50th), baths - 1(50th).

Over $149,000.00 Price Reduction, Highly Motivated Seller! Seller Must Sell! Please submit all Offers............................................................... Welcome to 939 South Broadway, where a blend of modern living and historic architecture come together in what was formerly known as the Western Costume Building. Inside is a spacious 734 square feet one bedroom residence with stainless steel appliances and quartz countertops that are set against three towering double hung windows that fill the entire space with natural light. This residence is a corner unit on the tenth floor providing views of the city along with soaring twelve-foot high ceilings. Facing Broadway, this vantage point offers glimpses of the building’s historic facade just outside the windows giving this unit plenty of charm and appeal. The rooftop provides an exclusive retreat with a pool, spa, and cabanas, with breathtaking views of the city skyline. The residence is also equipped with a convenient in-unit stacked washer and dryer laundry. The building is equipped with 24-hour security and secured entrance access, ensuring a safe and private environment for all residents.

Price History

Date
Event
Price
03/18/20
Sold
$549,000
Condition Rating
Good
Despite the building's 1924 construction, the unit has been extensively renovated to a modern loft style. The description highlights stainless steel appliances and quartz countertops in the kitchen, and images show modern large-format tile flooring, contemporary track lighting, and exposed ductwork. An in-unit stacked washer and dryer is also present. The property appears move-in ready with no immediate renovations required, aligning with a 'Good' condition score, assuming the renovation falls within the 5-15 year timeframe. The absence of specific renovation dates or bathroom images prevents an 'Excellent' rating, but the visible quality and described features are clearly updated and well-maintained.
Pros & Cons

Pros

Historic Charm & Modern Updates: Located in the iconic 1924 Western Costume Building, this unit seamlessly blends historic architecture with contemporary finishes, including stainless steel appliances and quartz countertops.
Exceptional Natural Light & Volume: As a corner unit on the tenth floor, it boasts three towering double-hung windows and soaring twelve-foot high ceilings, maximizing natural light and creating an expansive, airy feel.
Luxury Rooftop Amenities: The building offers an exclusive rooftop retreat complete with a pool, spa, and cabanas, providing residents with breathtaking city skyline views and resort-style living.
Prime Downtown Location & Security: Situated in a vibrant Downtown Los Angeles location, the building provides 24-hour security and secured entrance access, ensuring a safe and private urban lifestyle.
Convenient In-Unit Features: The inclusion of an in-unit stacked washer and dryer, coupled with a spacious 760 sqft layout for a one-bedroom, significantly enhances daily convenience and livability.

Cons

Substantial Price Reduction: A significant price reduction of over $149,000 from the original list price suggests potential challenges in market valuation or previous overpricing, which may raise questions for prospective buyers.
Recurring Association Fees: The monthly association fee of $524.20 represents a notable ongoing cost that buyers must factor into their budget, impacting affordability.
Limited Bedroom Configuration: As a one-bedroom unit, its utility and appeal are inherently limited to a smaller demographic, primarily singles or couples, which could restrict the potential buyer pool.

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