tomo logo

$499,000

Beds
1
Baths
1.0
sq ft
780

939 S Broadway Unit 409, Los Angeles, CA 90015

939 S Broadway Unit 409

Los Angeles, CA 90015

  • 83 days on market
    • Price drop $21,000↓
    • Open house Mar 30
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 professional for more details.

Details

Property type

Condominium

Property condition

Updated/Remodeled

Lot size

0.3558 acres

Price per sq ft

$640

Year built

1924

Monthly HOA fee

$523

Price History

01/27/2025
CLAW

CLAW #25475639

Price change
$499,000
-5.67%
01/03/2025
CLAW

CLAW #24447683

Removed
$529,000
+1.73%
01/02/2025
CLAW

CLAW #25475639

Listed
$520,000
-1.7%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 03/26/2025 at 6:00 AM

Listing updated: 03/24/2025 at 3:51 PM

Listed by: Michael Musha'Sha, Compass Phone #: (310) 652-6285

MLS: CLAW #25475639

CLAW logo

Recently listed in Los Angeles