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253 S Broadway #307, Los Angeles, CA 90012
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253 S Broadway #307 Los Angeles, CA 90012

$569,999
  • 1 Beds
  • 1 Baths
  • 1,000 Sq.Ft.
Pending
$569,999 Get Pre-Qualified
Map preview of 253 S Broadway #307, Los Angeles, CA 90012

Property Overview: 253 S Broadway #307 Los Angeles, CA has 1 bedrooms, 1 bathrooms, 1,000 living square feet and 13,323 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Price Reduction Alert! Act Now: Highly Motivated Seller Willing to Purchase Points—Secure an Exceptionally Low 4.675% (*varies base on the market price of the day you lock your rate) Interest Rate for Your First Year. Exclusive Offer for Qualified Buyers. The building is also Mill Act approved, offering a substantial reduction in property taxes by 75% (estimated to be below $2,000/year at this purchase price) Don't Miss These Unbeatable Benefits! Located in the vibrant heart of DTLA's historic core, this urban loft comes with a unique perk: an assigned parking spot within the building's secure underground garage. A rarity in the area, this spot offers convenience and can be used or rented out for additional income. Experience the best of Downtown LA living, with prime access to popular destinations. Positioned just across from Grand Central Market, the loft is within easy walking distance to the Disney Concert Hall, Little Tokyo, and the Metro, placing the city's finest at your doorstep. Secure Your Exclusive Viewing Today! Contact Mira to schedule a showing and witness firsthand the exceptional lifestyle this urban loft offers.

Listed by Miranti Borvornsin | BRE #02154424 | Keller Williams Hollywood Hills
Last checked: 14 minutes ago | Last updated: April 27th, 2024 | Source CRMLS | DOM: 282
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Home details

Lot Sq. Ft
13,323
HOA Dues
$744/mo
Year built
1897
Garage
1 Car
Property Type:
Loft
Status
Pending
MLS#
SB23127753
City
Los Angeles
County
Los Angeles
Time on Site
289 days

Open Houses for 253 S Broadway #307

No upcoming open houses

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Property Details for 253 S Broadway #307

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside, Washer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Loft
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Range, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Water Heater
Bathroom Information
  • # of Baths (Full): 1
Interior Features
  • Balcony, Open Floorplan, Recessed Lighting, Stone Counters, Sunken Living Room
  • Levels: One
  • Security Features: 24 Hour Security, Automatic Gate, Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Assigned, Controlled Entrance, Covered, Garage, On Site, Subterranean
  • Has Attached Garage
Lot Information
  • Lot Size Source: Assessor
  • Common Interest: Condominium
Property Information
  • Has View
  • View: City Lights
  • Common Walls: 2+ Common Walls, End Unit
  • Total # of Units: 40
  • Parcel Number: 5149009043
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Prime Association
  • Association Fee: $744 (Monthly)
  • Association Amenities: Barbecue, Outdoor Cooking Area, Picnic Area, Cable TV, Gas, Insurance, Maintenance Grounds, Trash, Sewer, Water, Pets Permitted, Call for Rules, Controlled Access, Hot Water
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: Corner of 3rd St. and S Broadway
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 253 S Broadway #307

Last sold for $275,000 on September 12th, 2011

  • April, 2024

  • Apr 25, 2024

    Date

    Pending

    CRMLS: SB23127753

    $569,999

    Price

  • Jul 17, 2023

    Date

    Active

    CRMLS: SB23127753

    $625,000

    Price

  • October, 2022

  • Oct 21, 2022

    Date

    Canceled

    CRMLS: 22193431

    $599,000

    Price

  • Aug 25, 2022

    Date

    Active

    CRMLS: 22193431

    $599,000

    Price

  • Listing provided courtesy of CRMLS

    This beautifully 3rd-floor loft in the famous Pan American Building not only give you a chance to own a piece of DTLA and Hollywood histories but also earn you income and equity. The loft features high ceiling, gorgeous exposed brick wall, tall windows provide wonderful light and downtown view, open floor plan yet secluded bedroom, over-sized bathroom w/washer/dryer, updated stainless steel appliances in the kitchen, granite countertops & barbecue balcony. The elegant lobby has a historic wood staircase, open community courtyard & a convenient parking spot in subterranean garage. This historical landmark building has --- Mills Act attached - THIS HUGE 75% PROPERTY TAX SAVING 75% EVERY YEAR. Potential short term rent, minimum 30 days, or longer term rent are high. Since the condo is located across the street from the bustling revitalized Historic-Cultural Monument, Million Dollar Theater, the 1st building in DTLA, Bradbury Building, the Grand Central Market and two blocks from Pershing Square and the Metro station. The Beaux-Arts architectural treasure, 2nd oldest building in DTLA, was designed by Sumner P. Hunt in 1897 and was completely modernized & converted into lofts in 2007 by Urban Pacific builder.

  • August, 2022

  • Aug 14, 2022

    Date

    Expired

    CRMLS: 22123255

    $599,000

    Price

  • Feb 14, 2022

    Date

    Active

    CRMLS: 22123255

    $599,999

    Price

  • Listing provided courtesy of CRMLS

    ***** THIS IS GOING TO BE RELIST --- UNDER NO CIRCUMSTANCES DO NOT CONTACT SELLER ***** This beautifully designed 3rd-floor loft in the Historic Pan American Building features original gorgeous exposed brick, 10.5' high ceilings with expansive 8-foot-high windows provide wonderful light and downtown view from the living room, a bedroom nook for your privacy also with large windows and city view. The unit is facing North, so you can enjoy the light without increasing the heat. There is an over-sized bathroom w/washer/dryer (replaced in 2018), kitchen features stainless steel appliances (refrigerator and dishwasher were replaced in 2020), granite countertops & barbecue balcony. The elegant lobby has a historic wood staircase, open community courtyard & a covered parking spot, in the building!! Located across the street from the bustling revitalized Grand Central Market, retail shops, restaurants, & a block from Pershing Square Metro station. This historical landmark building has Mills Act attached - with a HUGE property tax savings every year!! The Beaux-Arts architectural treasure was designed by Sumner P. Hunt in 1897 & is the 2nd oldest building in DTLA after the Bradbury Building across the street. The Pan American Building was completely modernized & converted into lofts in 2007 by Urban Pacific builder. The unit is ready for immediate occupancy.

  • September, 2021

  • Sep 7, 2021

    Date

    Price Change

    CRMLS: 21773736

    $599,999

    Price

  • Aug 18, 2021

    Date

    Active

    CRMLS: 21773736

    $699,999

    Price

  • Listing provided courtesy of CRMLS

    Located in the heart of downtown Los Angeles, this industrial style 1 bedroom is an exciting breath of fresh air for the market. Located on the third floor of the Pan American building, this desirable unit boasts an open floor plan with soaring high ceilings complimented by brick wall finish and stylish steel red beams, adding a historic feel to the space. Additional highlights include a sleek kitchen with stainless steel appliances, in-unit Washer/ Dryer, and a quiet courtyard. Outside the front door, enjoy all the amenities downtown LA has to offer: LA Live, Staples Center, the Fashion District, Pico Station, and all the finest restaurants and leisure. Experience the Downtown LA lifestyle with this perfect condo.

  • August, 2021

  • Aug 17, 2021

    Date

    Canceled

    CRMLS: 21763866

    $815,000

    Price

  • Jul 22, 2021

    Date

    Active

    CRMLS: 21763866

    $815,000

    Price

  • Listing provided courtesy of CRMLS

    Located in the heart of downtown Los Angeles, this industrial style 1 bedroom is an exciting breath of fresh air for the market. Located on the third floor of the Pan American building, this desirable unit boasts an open floor plan with soaring high ceilings complimented by brick wall finish and stylish steel red beams, adding a historic feel to the space. Additional highlights include a sleek kitchen with stainless steel appliances, in-unit Washer/ Dryer, and a quiet courtyard. Outside the front door, enjoy all the amenities downtown LA has to offer: LA Live, Staples Center, the Fashion District, Pico Station, and all the finest restaurants and leisure. Experience the Downtown LA lifestyle with this perfect condo.

  • June, 2018

  • Jun 10, 2018

    Date

    Expired

    CRMLS: PW18059407

    $2,400

    Price

  • May 16, 2018

    Date

    Hold

    CRMLS: PW18059407

    $2,400

    Price

  • May 8, 2018

    Date

    Active

    CRMLS: PW18059407

    $2,400

    Price

  • May 7, 2018

    Date

    Hold

    CRMLS: PW18059407

    $2,400

    Price

  • Apr 16, 2018

    Date

    Price Change

    CRMLS: PW18059407

    $2,400

    Price

  • Mar 15, 2018

    Date

    Active

    CRMLS: PW18059407

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    Downtown LA living in the historic Pan American building! Open loft with a partially separated bedroom nook features wood floors, high ceilings, tons of windows and a balcony. Newer kitchen with all stainless steel appliances and full size washer/dryer in unit. Rare for the historic core is one assigned parking spot in underground garage. Convenient to Grand Central Market, numerous restaurants and public transit.

  • September, 2011

  • Sep 12, 2011

    Date

    Sold (Public Records)

    Public Records

    $275,000

    Price

  • December, 2010

  • Dec 10, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 253 S Broadway #307

Assessed Value (2020): $268,000
Year Land Value Improved Value Assessed Value
2020 $53,600 $214,400 $268,000

Home Value Compared to the Market

This property vs the competition

253 S Broadway #307 is listed 53.88% lower than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $570 per/sqft which puts the price per square foot 26.26% lower than the median price per square foot for the city of Los Angeles.

About 253 S Broadway #307

Detailed summary of property

253 S Broadway #307 is a loft located in Los Angeles, CA 90012 and is currently in escrow to be sold. This loft offers 1 bedrooms, 1 bathrooms, roughly 1,000 living square feet, and sits on an approximately 13,323 square foot lot. 253 S Broadway #307 was first listed on ArdentRealEstateGroup.com on July 17, 2023. The homeowner is currently asking $569,999 and was originally asking $625,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 53.88% lower than the median priced home. Local competing homes currently for sale include 416 S Spring St #607, 108 W 2nd St #412 and 416 S Spring St #908. This home does have a Homeowners Association and the monthly fee is $744 per month. While the average home in Los Angeles, CA is selling in 96 days, 253 S Broadway #307 has a days on market of 282 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 253 S Broadway #307 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 #307

Public county record property details
Beds
1
Baths
1
Year built
1897
Sq. Ft.
1,000
Lot Size
13,323
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5149-009-043

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
$595,000
Median List Price/Sq.Ft.
$587
Median Sold Price
$462,500
Median Sold Price/Sq.Ft.
$610
Total Inventory
50
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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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.

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