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$745,000

Beds
1
Baths
1.0
sq ft
1,060

253 S Broadway Unit 208, Los Angeles, CA 90012

253 S Broadway Unit 208

Los Angeles, CA 90012

  • 1 day on market
    • Open house Feb 02
Impressive, designer-renovated unit at the historic Pan American Lofts, an intimate 40 unit community in the heart of the Historic District. This well maintained 1895 Beaux Arts building is recognized as L.A. Historic Cultural Monument No. 544 and has a coveted Mills Act contract, reducing homeowners' annual property tax up to 70%. As one of the larger layouts in the building with a dedicated bedroom area, this unit features 6 oversized windows and a glass door out to a private terrace, providing both natural light and a cross breeze. Features include original exposed brick and concrete walls, designer light fixtures, steel I-beams, 12' ceilings, and views of City Hall and the LA Times building. The beautifully remodeled kitchen features a stone countertop, a spacious island, custom cabinetry, black stainless steel appliances and plenty of storage. The generously sized bedroom includes a built-in closet and opens up the private terrace. Additional upgrades include polished concrete floors, custom mill work and blinds, and a Miele washer/dryer. The chic bathroom showcases marble tiled floor, a walk in shower, plenty of storage, and natural light from the oversized bathroom window. One, well positioned, deeded parking space is included in the onsite subterranean garage. This unit is ideally located in the heart of the Historic Core, next door to Grand Central Market, The Bradbury, Million Dollar Theater, newly opened historic broadway station Metro station, Little Tokyo, financial district and a plethora of DTLA dining and entertainment.

Details

Property type

Condominium

Est. home value

$828,953

Property condition

Updated/Remodeled

Lot size

0.3059 acres

Price per sq ft

$703

Year built

1897

Monthly HOA fee

$891.25

Price History

01/29/2025
CLAW

CLAW #25489841

Listed
$745,000
+17.32%
12/20/2019
CLAW

CLAW #19496528

Sold
$635,000
+10.43%
10/31/2016
CLAW

CLAW #16120286

Sold
$575,000

Schools & Community

Neighborhood: 

Downtown

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

Coastal Community Bank

Loan start date

June 2022

Original loan amount

$84,000

Est. remaining balance

Not provided

Interest rate

3.78%

Loan type

Credit Line (Revolving)

Seller

Jason Roach

Lender

Quorum Federal Cu

Loan start date

December 2021

Original loan amount

$143,000

Est. remaining balance

Not provided

Interest rate

2.54%

Loan type

Credit Line (Revolving), 30 year

Seller

Jason Donald Roach

Lender

Loandepot.Com Llc

Loan start date

November 2021

Original loan amount

$500,500

Est. remaining balance

$465,664

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Jason Donald Roach

Lender

One American Bank

Loan start date

July 2020

Original loan amount

$495,000

Est. remaining balance

$447,042

Interest rate

3.15%

Loan type

New Conventional, 30 year

Seller

Jason Donald Roach and Gustavo Garibay

Lender

United Wholesale Mortgage

Loan start date

December 2019

Original loan amount

$325,000

Est. remaining balance

$292,161

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Jason Donald Roach and Gustavo Garibay

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: 01/30/2025 at 6:40 AM

Listing updated: 01/29/2025 at 12:05 PM

Listed by: Sabrina Mosenifar, Real Estate eBroker Inc. Phone #: (760) 722-3222

MLS: CLAW #25489841

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