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$885,000

Beds
2
Baths
1.0
sq ft
1,200

849 S Broadway Unit 410, Los Angeles, CA 90014

849 S Broadway Unit 410

Los Angeles, CA 90014

  • 32 days on market
    • Open house Feb 23
Gorgeous updated 2 bedroom LIVE/WORK loft w/balcony situated in the iconic Eastern Columbia building, known as the "jewel of downtown." The building has recently undergone an exterior terracotta tile restoration, making the unique Claud Beelman designed Art Deco building more dazzling than ever. The historic building benefits from the coveted Mills Act, which saves homeowners up to 70% off property taxes. This spacious and bright 1200sf loft features the best L-shaped layout with soaring ceilings and massive west-facing windows that let in an abundance of natural light. The NYC style loft features polished concrete floors throughout, and 2 separated bedroom/office areas behind custom sliding doors for privacy. The living area and kitchen are open floorplan for easy entertaining. Enjoy city and sunset views of downtown from a private balcony off the living area. The kitchen features stainless steel fridge, dishwasher, stove/oven and microwave, there is a wall-to-wall closet in the bedroom, and a huge double closet in entryway with laundry hookups. The Kelly Wearstler designed bathroom features a soaking tub. 1 covered parking space is included with the unit. HOA Dues include parking, water, trash, gas. The Eastern Columbia has a stunning rooftop pool, sun deck, spa, and fitness center with breathtaking views of DTLA. There is a Kelly Wearstler designed lobby with a 24/7 reception desk and security, courtyard, dog area, additional laundry facilities and attached parking garage. Within blocks to everything including Whole Foods, Fashion District, Orpheum, Proper and Hoxton hotels, Metro, The Broad, IL Caffe, Cliftons, Cabra, Caldo Verde, Zinque, Walt Disney Concert Hall, The Bloc, Fashion District, City Market South, Grand Central Market, and more.

Details

Property type

Est. home value

$838,350

Property condition

Updated/Remodeled

Lot size

0.5246 acres

Price per sq ft

$738

Year built

1930

Monthly HOA fee

$1,356.42

Price History

01/21/2025
CLAW

CLAW #25486851

Listed
$885,000
+10.63%
02/24/2022
CLAW

CLAW #22116741

Sold
$800,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

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

Seller could get up to

$214,874
Asking price
$885,000
Closing costs (~8% of asking)
-$70,800
Est. remaining loan balance
-$599,326
Cash to seller
$214,874

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Homebridge Financial Services Inc

Loan start date

January 2022

Original loan amount

$640,000

Est. remaining balance

$599,326

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Winifred Park

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: 02/22/2025 at 7:20 PM

Listing updated: 02/21/2025 at 12:15 PM

Listed by: Yuri Huxley, Coldwell Banker Realty Phone #: (323) 464-9272

MLS: CLAW #25486851

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