Mansions in the Skies - Luxury Condo Real Estate Collection
MLS:25-475639

939 Broadway, Unit 409, Los Angeles, CA 90015

Priced at: $520,000
Bedrooms:
1
Bathrooms (Full):
1
Bathrooms (Half):
0
Living Area SqFt:
780 Sq Ft
Lot SqFt:
15,498 Sq Ft
Year Built:
1924
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 profesional for more details.

Fees

Features

Interior Features:
  • Elevator
  • Laundry - Closet Stacked
Equipment/ Appliances:
  • Barbeque
  • Dishwasher
  • Range/Oven
  • Recirculated Exhaust Fan
  • Washer
  • Network Wire
Amenities:
  • Concierge
  • Fitness Center
  • Fire Pit
  • Elevator
  • Exercise Room
  • Sun Deck
  • Security
  • Pool
  • Picnic Area
Security Info:
  • 24 Hour
  • Guarded
  • Resident Manager
Waterfront Description:
  • None
Parking:
  • None
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MLS: 25-475639
939 Broadway, Unit 409, Los Angeles, CA 90015
Price: $520,000
Listing courtesy of Compass

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"Property information shown has been provided from various sources, which can include the seller and/or public records. It is believed reliable but not guaranteed and should not be relied upon without independent verification."

Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. All dimensions are estimates only and may not be exact measurements. Square Footages are approximate. Floor plans and development plans are subject to change. The sketches, renderings, graphic materials, plans, specifics, terms, conditions and statements are proposed only, and the developer, the management company, the owners and other affiliates reserve the right to modify, revise or withdraw any or all of same in their sole discretion and without prior notice. All pricing and availability is subject to change. The information is to be used as a point of reference and not a binding agreement.

William PD Pierce Luxury Realestate
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