tomo logo

$1,250,000

Beds
1
Baths
2.0
sq ft
1,740

849 S Broadway Unit 611, Los Angeles, CA 90014

849 S Broadway Unit 611

Los Angeles, CA 90014

  • 265 days on market
    • Price drop $20,000↓
Art Deco architecture at its finest is exemplified in the iconic Eastern Columbia Building, known as the jewel of downtown. The one-of-a-kind historic landmark benefits from the coveted Mills Act, which provides owners with a massive property tax savings of up to 70%. Situated within a block of the iconic landmarks such as The Tower Theater Apple Flagship Store, United Artist Theater, The Orpheum, and more, this bright northwest facing corner LIVE/WORK loft is filled with natural light throughout. The 1740sf is a corner loft with tall ceilings, concrete floors and open plan layout, making it ideal for creative possibilities. The remodeled open plan kitchen is equipped with upgraded stainless steel appliances, wine fridge and bar, movable island with additional storage, and effortlessly flows into the flexible living area for easy entertaining, The west end of the loft opens to a rare private balcony while bedrooms and work spaces can be configured in multiple areas. The loft is very quiet with double pane windows. There are two Kelly Wearstler designed bathrooms, and large entry closet with built-in laundry hookups. Central heat and AC, smart home enabled lights and temp. The loft comes with a spacious assigned garage parking space. The building is known for its stunning iconic clock tower, and amenities include a remarkable rooftop pool deck with spa, sky deck with panoramic views of the city, 24/7 reception and security, lobby lounge, courtyard, and attached parking garage. A historic restoration project of the special blue tile facade is underway, which will make the building more dazzling than ever! Within blocks is the best of DTLA, including il caffe, flagship Apple Store, Proper Hotel, The Hoxton, Whole Foods, The Broad, Walt Disney Concert Hall, Frank Gehry's Grand LA, Crypto Arena, Mykita, Paul Smith, MOCA, Verve, APC, The Art Room, Michelin star Shibumi, Sonoratown, Mona Pasta Bar, Grand Central Market, art galleries, and tons more dining and shopping in the nearby Fashion District, Arts District and South Park. Seller offering 1 Year of HOA credits.

Details

Property type

Est. home value

$1,323,488

Lot size

0.5246 acres

Price per sq ft

$719

Year built

1930

Monthly HOA fee

$1,418.03

Price History

04/22/2024
CLAW

CLAW #24374855

Price change
$1,250,000
-1.57%
04/01/2024
CLAW

CLAW #24374855

Price change
$1,270,000
-1.93%
04/01/2024
CLAW

CLAW #24374855

Listed
$1,295,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

First Bank

Loan start date

August 2017

Original loan amount

$350,000

Est. remaining balance

Not provided

Interest rate

3.21%

Loan type

Credit Line (Revolving)

Seller

A Hertzberg and Alexander Hertzberg

Lender

First Bank

Loan start date

December 2016

Original loan amount

$267,000

Est. remaining balance

Not provided

Interest rate

2.87%

Loan type

Credit Line (Revolving)

Seller

Alexander Hertzberg and A Hertzberg

Lender

Quicken Loans Inc

Loan start date

August 2016

Original loan amount

$711,000

Est. remaining balance

$580,953

Interest rate

3.48%

Loan type

New Conventional, 30 year

Seller

Alexander O Hertzberg and A Hertzberg

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?

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Status: Active

Tomo last checked: 12/23/2024 at 5:25 AM

Listing updated: 12/05/2024 at 2:37 PM

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

MLS: CLAW #24374855

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