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$699,000

Beds
Unknown
Baths
1.0
sq ft
1,083

1645 Vine St Unit 1001, Los Angeles, CA 90028

1645 Vine St Unit 1001

Los Angeles, CA 90028

  • 122 days on market
    • Price drop $50,000↓
Penthouse floor Loft at The Broadway Hollywood: Unit #1001. Step into a piece of Hollywood history with BH #1001, on the top floor of the iconic Broadway Hollywood building. This renowned landmark, once the Broadway Department Store and RKO Production HQ, is now a premier full-service work/live historic building in the heart of Hollywood. Unit Highlights: This unit was once part of Howard Hughes' private office, offering a unique blend of history and modern luxury. L-Shaped Open Floor Plan is an ideal layout featuring a spacious living area with an additional lofted sleeping space. Natural Light & Stunning Views with sweeping vistas from Downtown LA to the Pacific Ocean. Premium Features: Hardwood floors, an equipped modern kitchen with all appliances, including an in-unit washer/dryer, and a quiet, sunlit location facing South & West. Top-Tier Amenities: Enjoy access to a newly renovated rooftop pool, cabanas, lounging areas, and a state-of-the-art gym, just one floor above. Unmatched Service: Experience 24/7 white glove front desk concierge service, top-notch security, and valet parking. Location, Location, Location: Prime Hollywood Address: Situated in the vibrant heart of Hollywood, with Katsuya on the ground floor, Trader Joe's and the Pantages Theater across the street, and the Metro Station & W Hotel just around the corner. Cultural Hub: Surrounded by iconic spots like Musso & Frank, along with numerous restaurants, hotels, bars, and entertainment venues just a few short blocks away. This loft has been utilized as both a creative workspace and a private residence over the past decade, showcasing its versatility. Whether you're seeking a distinctive home or a dynamic workspace, BH #1001 is a must-see. NOTE 1: This is a Mills Act designated property. This means enormous annual property tax discount to owner - over 70%. NOTE 2: Unit is currently leased until 03/31/25, but but can be shown by appointment.

Details

Property type

Condominium

Est. home value

$597,398

Lot size

0.5167 acres

Price per sq ft

$646

Year built

1928

Monthly HOA fee

$1,613.23

Price History

10/10/2024
CLAW

CLAW #24431087

Price change
$699,000
-6.68%
08/23/2024
CLAW

CLAW #24431087

Listed
$749,000

Schools & Community

Neighborhood: 

Hollywood

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Equity Wave Lending

Loan start date

May 2023

Original loan amount

$225,000

Est. remaining balance

Not provided

Interest rate

6.6%

Loan type

Commercial

Seller

Charles Neil Mcdermott and Beate K Mcdermott

Lender

Countrywide Bank Fsb

Loan start date

September 2007

Original loan amount

$555,920

Est. remaining balance

Not provided

Interest rate

6.5%

Loan type

New Conventional, 30 year

Seller

Charles Neil Mcdermott and Beate K Mcdermott

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/24/2024 at 4:55 AM

Listing updated: 12/04/2024 at 7:40 PM

Listed by: Neil McDermott, Hilton & Hyland Phone #: (310) 278-3311

MLS: CLAW #24431087

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