253 S Broadway #209, Los Angeles, CA 90012
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253 S Broadway #209 Los Angeles, CA 90012

$800,000 Sold Price as of 05/06/2022
  • 1 Beds
  • 1 Baths
  • 1,110 Sq.Ft.
Sold
$800,000 Sold Price as of 05/06/2022 Refinance Your Mortgage

Map preview of 253 S Broadway #209, Los Angeles, CA 90012

Property Overview: 253 S Broadway #209 Los Angeles, CA has 1 bedrooms, 1 bathrooms, 1,110 living square feet and 13,323 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Spectacular, designer-renovated unit at the iconic Pan American Lofts, a stunning 1895 Beaux Arts building in the National Register of Historic Places and an L.A. Historic Cultural Monument. Historical Preservation Mills Act qualification reduces homeowners' annual property tax by as much as 75%. Rare corner layout with original exposed brick and concrete walls, steel I-beams, high ceilings, and oversized windows on three sides that flood the space with natural light and provide views of the skyline, City Hall, and the Grand by Frank Gehry. Beautifully redesigned chef's kitchen features quartz counters, Waterworks fixtures, custom cabinetry, Viking stainless steel appliances, and plentiful storage and counter space. The spacious bedroom area is fitted with built-in closets and leads out to the large off-suite terrace. The spa-like bathroom has been remodeled with handmade zellige tile, rain shower, and an oversized soaking tub. Additional upgrades include solid maple hardwood floors, window seating, dining banquette, and newer washer/dryer. One designated parking space in the subterranean garage. Ideally located in the heart of the Historic Core, close to the Grand Central Market, Neuehouse at The Bradbury, Million Dollar Theater, Metro Regional Connector, Little Tokyo, Bunker Hill and all the best entertainment and fine dining of DTLA.

Listed by Sarah Pearson | BRE #01420776 | Compass
Last checked: 9 minutes ago | Last updated: February 5th, 2024 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
13,323
HOA Dues
$745/mo
Year built
1895
Garage
--
Property Type:
Other
Status
Sold
MLS#
22125495
City
Los Angeles
County
Los Angeles
Time on Site
820 days

Property Details for 253 S Broadway #209

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Eating Area: Dining Room, Breakfast Counter / Bar
  • Flooring: Wood, Tile
  • Living Room, Master Bathroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Security Features: Gated Community, Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Subterranean, Controlled Entrance, Assigned
Property Information
  • Has View
  • View: City Lights
  • Parcel Number: 5149009035
  • Year Built Source: Assessor
  • Entry Level: 2
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $745 (Monthly)
  • Association Amenities: Controlled Access, Maintenance Grounds, Cable TV, Gas, Utilities, Earthquake Insurance
Location / Neighborhood
Location Information
  • Directions: Located on the corner of Third Street and Broadway.
View more facts & features

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Sale History for 253 S Broadway #209

Last leased for $3,995 on August 31st, 2022
  • August, 2022

  • Aug 31, 2022

    Date

    Leased

    CRMLS: 22190153

    $3,995

    Price

  • Aug 16, 2022

    Date

    Active

    CRMLS: 22190153

    $3,995

    Price

  • Listing provided courtesy of CRMLS

    Fabulous upgraded designer loft in the famed Pan American Building. Located in the heart of the best of DTLA, this rare double corner unit features hardwood floors, soaring ceilings, and a mix of original concrete and brick walls. The unique layout features oversized double pane windows along three walls with city views, and an open plan living room with stunning chef's kitchen, complete with massive entertainer's island, stainless steel Viking appliances, and pantry with barn door. The separate bedroom features a large closet, and opens to a private NY-style terrace. The bathroom features a rain shower, custom tiles, soaking tub and W/D tucked inside a closet. Nest thermostat system, central heat and AC, and one designated garage parking space is INCLUDED. Rent also includes high speed internet and cable. The Pan American building features a resident courtyard, secure lobby entry, and assigned underground parking. Enjoy within walking distance the Grand Arts Corridor with the Broad, Walt Disney Concert Hall, Neuehouse, Grand Central Market, Blue Bottle Coffee, Maccheroni Republic, Redbird, Little Tokyo and more.

  • May, 2022

  • May 6, 2022

    Date

    Sold

    CRMLS: 22125495

    $800,000

    Price

  • Feb 11, 2022

    Date

    Active

    CRMLS: 22125495

    $799,000

    Price

  • October, 2018

  • Oct 30, 2018

    Date

    Sold

    CRMLS: 18385432

    $710,000

    Price

  • Oct 16, 2018

    Date

    Pending

    CRMLS: 18385432

    $715,000

    Price

  • Sep 28, 2018

    Date

    Active Under Contract

    CRMLS: 18385432

    $715,000

    Price

  • Sep 13, 2018

    Date

    Active

    CRMLS: 18385432

    $715,000

    Price

  • Listing provided courtesy of CRMLS

    DON'T MISS THIS AMAZING OPPORTUNITY IN THE HISTORIC CORE. This spectacular DTLA loft in L.A. Historic Cultural Monument, Pan American Lofts, is over 1100 SF & features soaring high ceilings, exposed brick walls & steel I-beams. A corner unit with large windows on 3 of its 4 sides, the loft is flooded with natural light & features large glass doors to a nice sized private balcony. The finishes have been upgraded by the architect owner & include new hardwood flooring throughout, a renovated bathroom & kitchen, stainless steel appliances, a built in banquette, window seating, built in shelving, Nest thermostat, custom lighting & LED light fixtures. The unit comes with a designated parking space. Conveniently located across the street from Grand Central Market, close to public transportation & all DTLA has to offer. The building is party to a Mills Act Historic Preservation Contract that significantly reduces the homeowners' annual property tax, making this one of the best buys in DTLA.

  • October, 2018

  • Oct 30, 2018

    Date

    Sold (Public Records)

    Public Records

    $710,000

    Price

  • July, 2007

  • Jul 27, 2007

    Date

    Sold (Public Records)

    Public Records

    $509,500

    Price

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Tax History for 253 S Broadway #209

Assessed Value (2020): $211,000
Year Land Value Improved Value Assessed Value
2020 $42,200 $168,800 $211,000

Home Value Compared to the Market

This property vs the competition

253 S Broadway #209 sold on May 6, 2022 for 32.86% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $719.82 per/sqft which puts the price per square foot 4.66% lower than the current median sale per square foot for the city of Los Angeles.

About 253 S Broadway #209

Detailed summary of property

253 S Broadway #209 is a other that recently sold in Los Angeles, CA 90012. This property offered 1 bedrooms, 1 bathrooms, roughly 1,110 living square feet, and sits on an approximately 13,323 square foot lot. 253 S Broadway #209 was first listed on ArdentRealEstateGroup.com on February 11, 2022. The homeowner sold the property for $800,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 32.86% lower than the current median priced home. Local homes that are currently for sale include 6007 Holmes Ave, 8310 S Broadway and 5353 Huntington Dr. This home does have a Homeowners Association and the monthly fee is $745 per month. While the average home in Los Angeles, CA is selling in 93 days, 253 S Broadway #209 has a days on market of 6 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 253 S Broadway #209 Los Angeles, CA 90012 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 253 S Broadway #209

Public county record property details
Beds
1
Baths
1
Year built
1897
Sq. Ft.
1,110
Lot Size
13,323
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5149-009-035

The source for these homes facts are from public records.

90012 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$599,000
Median List Price/Sq.Ft.
$579
Median Sold Price
$462,500
Median Sold Price/Sq.Ft.
$610
Total Inventory
55
Median Sale to List Price %
92.69%
Avg Days on Market
97
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (50%), Other (0%)

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Related Resources to 253 S Broadway #209

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.