939 S Broadway 409
Los Angeles, CA, 90015
$499,000
1 Beds
1 Baths
780 SqFt
0.36 Acres
Add
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.

Property Details

Price:
$499,000
MLS #:
25475639
Status:
Active
Beds:
1
Baths:
1
Address:
939 S Broadway 409
Type:
Condo
Subtype:
Condominium
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Jan 2, 2025
State:
CA
Finished Sq Ft:
780
ZIP:
90015
Lot Size:
15,498 sqft / 0.36 acres (approx)
Year Built:
1924
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

Appliances
Barbecue, Dishwasher
Fireplace Features
None
Heating
Central
Interior Features
Elevator

Exterior

Association Amenities
Concierge, Fire Pit, Security, Pool, Picnic Area
Parking Features
None
Parking Spots
0.00
Pool Features
Association
Security Features
24 Hour Security, Guarded, Resident Manager
View
City Lights

Financial

Association Fee
523.00

Map

Community

Similar Listings Nearby

939 S Broadway 409
Los Angeles, CA