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939 S Broadway 409, Los Angeles, CA 90015

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For Sale

$520,000

1 beds1 baths780 sqft

Estimated Payment

$      /mo.

APR for 30 years

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  • Condominium
    Property type

  • $666.67
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 25-475639

Courtesy Of Compass

(310) 652-6285

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock, Disabled Access, Elevator
  • Architecture Style
    Other
  • Floor Covering
    Tile, Tile - Stone
  • Heating System
    Central Furnace
  • Lot Size
    0.36 Acres
  • Rooms
    Living Room
  • View Type
    City

Home seller CENTURY 21 Real Estate Alliance

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Real Estate Alliance

(626) 285-2121
Learn More About Us

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Monthly Payment Breakdown

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