939 S Broadway , #409, Los Angeles, CA 90015

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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.


Interior Features

Kitchen Information
Features Laminate Counters
Bedroom Information
Bedrooms 1
Bathroom Information
Features Tub Shower
Bathrooms 1
Interior Information
Features Breakfast Bar, Elevator, Utility Room

Listing Information

Address 939 S Broadway , #409
City Los Angeles
State CA
Zip 90015
County Los Angeles
Listing Agent Michael Musha'Sha DRE #02059181
Courtesy Of Compass
List Price $520,000
Status Active
Type Residential
Subtype Condominium
Structure Size 780
Lot Size 15,498
Year Built 1924

Listing information courtesy of: Michael Musha'Sha, Compass. *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.