$520,000
939 Lofts
939 S Broadway Apt 409, Los Angeles, CA 90015
- 1Bed
- 1Bath
- 780SqFt
- 1Bed
- 1Bath
- 780SqFt
- Property TypeCondo
- Year Built1924
- HOA Fees$523/mo
- Price per Sqft$667
- On highrises2 Days
Property Details
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 profesional for more details.
Property Features
Bedrooms
- Bedrooms: 1
- Bedroom 1 Features: Primary Bedroom
Property History
Building Features
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- Michael Musha'sha
- state license#02059181
- Brokered by:
- COMPASS
- (310) 652-6285
Also at 939 S Broadway
