Los Angeles, CA 90015 939 S Broadway 409

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Presented By: Michael Musha'Sha with Compass;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25475639
  • 01/02/2025
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 1
  • Baths • 1
  • SQFT • 780

Home Details

Amazing AirBnB investment opportunity in DTLA! This art-deco themed unit boasts 9' ceilings, beautiful picturesque windows, natural light, neutral tile, quartz counters, and SS appliances with In-Unit Laundry. 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. 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. *Borrowers will receive agency price credit of up to 3.625 points on their rate lock. Offer is valid for only FTHBs on owner occupied residences in this property's census tract. Up to offer is based on $10,569 monthly income,639 credit score, 85% loan to value, condo property type. Please consult with a licensed mortgage professional for more details.
Presented By: Michael Musha'Sha with Compass;

Interior Features for 939 S Broadway 409

Bedrooms

Total Bedrooms1

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths1

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace FeaturesNone
Fireplace Y/NNo
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesBreakfastBar, Elevator, UtilityRoom
Total Stories

Other Rooms

Entry Level4

General for 939 S Broadway 409

Additional Parcels Y/NNo
AppliancesBarbecue, Dishwasher, Washer
Assoc Fee Paid PerMonthly
Association AmenitiesFirePit, PicnicArea, Pool, Security
Attached Garage No
Buyer FinancingConventional, Private
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
DirectionsBetween 9th and Olympic
DisclosuresCovenantsRestrictionsDisclosure
Electric On Property Y/NNo
Full Baths1
Garage Y/NNo
HOAYes
HOA Fee$523.0
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsConventional
Lot Size Square Feet15498.0
Lot Size UnitsSquareFeet
MLS AreaC42 - Downtown L.A.
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total151
Occupancy TypeOwner
Pets AllowedYes
Pool FeaturesAssociation
PossessionCloseOfEscrow
Property Attached Y/NNo
Property ConditionUpdatedRemodeled
Property Sub Type AdditionalCondominium
Property SubtypeCondominium
Property TypeResidential
Rent Control Y/NNo
Security FeaturesTwentyFourHourSecurity, ResidentManager, SecurityGuard
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Unit Number409
ViewCityLights
Waterfront Y/NNo
Year Built1924
ZoningLAC2

Exterior for 939 S Broadway 409

Building Area Total780.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.3558
Lot Size Area15498.0
Open Parking Y/NNo
Parking FeaturesNone
Private PoolNo
SpaNo
Total Parking0.0

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $499,000
MLS#25475639
List Date 01/02/2025
Property Type Condos
Phone 714.742.6515
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