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939 S Broadway 304, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath

939 S Broadway 304, Los Angeles, California 90015 home-pic-0
ACTIVE$619,000
939 S Broadway 304, Los Angeles, California 90015
1Bed
1Bath
750Sqft
15,498Lot
Year Built
1924
Close
-
List price
$619K
Original List price
$619K
Price/Sqft
$825
HOA
$510
Days on market
-
Sold On
-
MLS number
25595523
Home ConditionExcellent
Features
Excellent View: Panoramic
Deck
Pool
Spa
ViewPanoramic

About this home

We found 3 Cons,5 Pros. Rank: price - $619.0K(57th), sqft - 750(20th), beds - 1(50th), baths - 1(50th).

Amazing AirBnB investment opportunity in DTLA! This art-deco themed unit boasts 9' ceilings, upgraded soundproof windows, natural light, neutral tile, quartz counters, and SS appliances. Everything conveys. Everything is included to begin generating income from Day 1. This is an opportunity to purchase a successful short-term rental in a prime location, close to shops, restaurants/bars, and Crypto arena. Building amenities include rooftop pool/spa, on site gym, 24-hour security, and the lowest HOA fees in DTLA. This is an active AirBnB. Please text listing agent to coordinate a viewing on cleaning days. No lockbox access. Please schedule showings in advance. This property is one of the few that through a successful application is allowed to operate Transient Occupancy Tax (TOT) which allows for AIrBnB with the correct permits that are renewable on a yearly basis. To further attract this property, all Furniture and Furnishings will be included in the sale. Additionally, The unit features upgraded windows for sound deadening that sets this unit apart for comfort. This property is in a census tract that has been designated a High Cost Area. For FTHBs with income less than $10,570/mo, the High Cost Area Purchase Program offers up to $16,023 in agency credits for an interest rate buy down. Please consult with a licensed mortgage professional for more details.

Price History

Date
Event
Price
09/20/25
Listing
$619,000
03/27/20
Sold
$519,000
Condition Rating
Excellent
Despite the building's 1924 construction, this unit has undergone extensive and recent renovations, presenting as virtually new. The kitchen features modern stainless steel appliances, quartz countertops, sleek white cabinetry, and a contemporary tile backsplash, all in excellent condition. The flooring throughout is a consistent, modern large-format tile. Upgraded soundproof windows, modern lighting fixtures (track lighting, pendants, under-cabinet), and a fresh, art-deco themed aesthetic contribute to a high-quality, move-in ready space. The description explicitly mentions 'upgraded soundproof windows, neutral tile, quartz counters, and SS appliances,' indicating a comprehensive update. The overall impression from the images and description is of a fully renovated unit meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Proven Airbnb Income Potential & Inclusions: The unit is explicitly marketed as a successful, active Airbnb with all furniture and furnishings included, ready for immediate income generation, and holds the necessary Transient Occupancy Tax (TOT) permits.
Prime DTLA Location: Situated in a prime Downtown Los Angeles location, offering excellent walkability and proximity to shops, restaurants/bars, and the Crypto Arena, highly desirable for short-term rentals and urban living.
Comprehensive Building Amenities: The building provides attractive amenities including a rooftop pool/spa, on-site gym, and 24-hour security, enhancing resident lifestyle and rental appeal.
Upgraded Unit Features: The unit boasts modern upgrades such as 9' ceilings, soundproof windows, natural light, neutral tile, quartz counters, and stainless steel appliances, minimizing immediate renovation needs.
Low HOA Fees & Financial Incentives: Features the lowest HOA fees in DTLA and potential agency credits for first-time homebuyers through the High Cost Area Purchase Program, offering significant financial advantages.

Cons

Challenging Showing Logistics: As an active Airbnb, viewings are restricted to cleaning days and require advance scheduling, which can complicate and limit access for potential buyers.
Annual Airbnb Permit Renewal: The Transient Occupancy Tax (TOT) permit for Airbnb operation requires yearly renewal, introducing an ongoing administrative task and potential uncertainty for future short-term rental operations.
Building Age: Built in 1924, the building is nearly 100 years old, which, despite unit upgrades, could imply potential for future building-wide maintenance assessments or infrastructure concerns.

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