ActiveResidential · sale

1645 Vine Street 711

Los Angeles, CA 90028

$1,099,000

  • 2 beds
  • 2 baths
  • 1,800 sq ft
  • 0.52 acres
  • Built 1928

Listed by Hilton & Hyland · MLS #26653797

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1928.

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.

Step into a reimagined iconic residence at the legendary intersection of Hollywood Boulevard and Vine Street where timeless architecture meets elevated modern living. Introducing Residence #711, one of Hollywood's most celebrated historic addresses. This expansive true 2-bedroom, 2-bath residence impresses with soaring ceilings and dramatic west-facing views that stretch to the Pacific on a clear day. A striking wall of floor-to-ceiling glass, complete with automated sunshades, fills the home with natural light and showcases unforgettable sunset skies. The layout is both spacious and refined, offering privacy between bedrooms while maintaining an effortless flow for entertaining. Originally home to the Hollywood outpost of the The Broadway Department Store for more than 50 years, this Mills Act-designated architectural landmark was thoughtfully transformed in 2008 into an exclusive collection of luxury live-work residences. The building's stunning common spaces were curated by acclaimed designer Kelly Wearstler, from the statement lobby and corridors to the rooftop retreat and private cabanas. Inside #711, contemporary upgrades complement the building's historic character. The open-concept kitchen features sleek cabinetry, premium appliances, and clean, modern lines, flowing seamlessly into the living and dining areas. Both bedrooms are generously sized, and the two bathrooms are finished with sophisticated materials and high-end detailing. An in-unit Bosch washer and dryer add everyday convenience. Life here extends well beyond your front door. The rooftop offers resort-caliber amenities including a sparkling pool and spa, stylish cabanas, lounging areas with refrigeration and ice service, and a fully equipped fitness center. Residents enjoy 24/7 security, front desk concierge service, and valet parking for two vehicles. Ownership also comes with significant financial advantage - the Mills Act designation provides substantial property tax savings, often exceeding $10,000 annually, and just moments from Hollywood's most in-demand destinations, including Musso & Frank Grill, W Hollywood, Lemon Grove, Trader Joe's, the Pantages Theatre, and convenient Metro access. Residence #711 is more than a home it's an opportunity to own within a storied landmark where heritage architecture, thoughtful design, and vibrant city living converge. All this for an unprecedented value price!

THE NEIGHBORHOOD

Explore the location.

1645 Vine Street 711, Los Angeles, CA 90028

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1928
Full baths
2
Half baths
0
Cooling
CentralAir
Heating
Central
Appliances
BuiltIn,Dishwasher,Disposal,Microwave,Refrigerator,Dryer,Washer
Flooring
Tile,Wood
Pool
No
Pool features
Association
Spa
Yes
Zoning
LAC4
Parcel
5546009116
HOA amenities
ControlledAccess,FirePit,Gas,MaintenanceGrounds,Pool,PetRestrictions,SpaHotTub,Security,Trash,Water
HOA fee frequency
Monthly
HOA fee
$2,521.16

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$4,579.17
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

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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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1645 Vine Street 711, Los Angeles, CA 90028 · MLS #26653797

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Listing information

MLS #26653797 · California Regional MLS

Listing brokerage: Hilton & Hyland
Listing agent: Neil McDermott

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.