939 S Broadway , #409

Los Angeles, CA 90015

$520,000

List Price

1

bed Beds

1

shower Baths

780 sqft

straighten / sqft

1924

calendar_month Built

Property Description

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.

Listing Information

List Price $520,000
Status Active
MLS 25475639
HOA $523
Type Residential
Subtype Condominium
Year Built 1924
Lot Size 15,498
Structure Size 780
DOM 1
Courtesy Of Compass
Listing Agent Michael Musha'Sha DRE#02059181

Interior Features

Kitchen Information
Features Laminate Counters
Total Bedroom
Bedrooms 1
Bathroom Information
Features Tub Shower
Total Bathroom
Bathrooms 1
Fireplace Information
Features None
Additional Information
Additional Features Breakfast Bar, Elevator, Utility Room

Exterior Information

Maps

Listing information courtesy of: Michael Musha'Sha, Compass 415-314-1911. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 4th, 2025 at 1:20 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.