ActiveResidential · sale

849 S Broadway 603

Los Angeles, CA 90014

$1,175,000

  • 3 beds
  • 2 baths
  • 2,235 sq ft
  • 0.52 acres
  • Built 1930

Listed by eXp Realty of Greater Los Angeles · MLS #26865417

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1930.

Property size

0.52 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Experience elevated loft living at the legendary Eastern Columbia one of Downtown Los Angeles most iconic Art Deco masterpieces Perched on the 6th floor this extraordinary residence was created by seamlessly combining two individual lofts into one expansive home resulting in an exceptionally rare floor plan with remarkable scale and flexibility The sprawling openconcept interior has been thoughtfully designed to incorporate three generous bedroom retreats while preserving the dramatic volume and architectural character that define true loft livingThe impressive primary suite is a private sanctuary featuring an oversized walkin closet and a luxurious spainspired bath complete with rich custom cabinetry dual vanities with a dedicated makeup station an oversized soaking tub and an expansive frameless glass shower At the heart of the home the recently remodeled chefs kitchen is both striking and functional showcasing custom maple cabinetry a dramatic waterfalledge quartz island with bar seating and an effortless flow for entertaining on any scaleWalls of oversized industrial windows flood the home with natural light highlighting soaring ceilings polished concrete floors sophisticated designer finishes and the seamless blend of historic character and modern luxury Every detail has been carefully curated to create a residence that is as stylish as it is invitingCertified under the Mills Act this exceptional property offers significant annual property tax savings making ownership of this architectural landmark as financially compelling as it is prestigious Residents enjoy an unmatched collection of amenities including 24hour concierge and security an onsite manager a stateoftheart fitness center and the buildings renowned rooftop oasis featuring a resortstyle pool spa sun deck and elegant lounge set beneath the famous clock tower HOA dues include water gas trash parking and 24hour reception servicesPositioned in the vibrant South Park and Historic Core corridor the residence places the very best of Downtown Los Angeles at your doorstepfrom acclaimed restaurants and luxury shopping to galleries theaters and premier sporting and entertainment venues With billions invested in the continued transformation of Downtown and the city preparing to host the 2028 Olympic Games this home offers the rare opportunity to own a piece of Los Angeles history while enjoying one of the most exciting urban lifestyles in Southern California

THE NEIGHBORHOOD

Explore the location.

849 S Broadway 603, Los Angeles, CA 90014

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1930
Full baths
2
Half baths
0
Cooling
CentralAir
Heating
Central
Appliances
Dishwasher,Disposal,Refrigerator,Dryer,Washer
Pool
No
Pool features
Community
Spa
Yes
Zoning
LAC5
Parcel
5144017106
HOA amenities
Security
HOA fee frequency
Monthly
HOA fee
$2,235.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$4,895.83
Cap rate

Annual operating income:

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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849 S Broadway 603, Los Angeles, CA 90014 · MLS #26865417

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Listing information

MLS #26865417 · California Regional MLS

Listing brokerage: eXp Realty of Greater Los Angeles
Listing agent: Vivian Lesny

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.