939 S Broadway 409, Los Angeles, CA 90015

$520,000 Asking Price

1 bed
1 bath
780  sqft
Built in 1924

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.

Features & Amenities

Interior

General:
Breakfast Bar, Laminate Counters
Appliances:
Dishwasher
Laundry:
Washer
Heating:
true, Central
Fireplace:
None

Exterior

Parking:
None

Construction

General:
1

Location

HOA Amenities:
Pool, Gated, Other, Picnic Area, Security/Gate Fee, 523.0, Monthly
County:
Los Angeles

Lot

Zoning:
LAC2, 5139003079
View:
City Lights

This listing courtesy of:
Compass, Michael Musha'Sha

About Los Angeles, CA

Housing

Number of Units
906,276
Median Home Value
$764,749
Median Rent
$1,399

71.58% of housing units are renter occupied.

6.82% are vacant.

Commute

Car
56.67%
Public Transportation
8.41%
Walk to Work
3.27%
Work from Home
29.71%
Other
1.00%

The median travel time to work is 25 minutes.

People

Population
2,373,885
Median Age
35.80
Median Household Size
2.78

Education

High School
18.57%
Associate’s Degree
5.55%
Bachelor’s Degree
22.72%
Graduate Degree
12.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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