253 S Broadway #504, Los Angeles, CA 90012
253 S Broadway #504, Los Angeles, CA 90012
253 S Broadway #504, Los Angeles, CA 90012
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$899,000
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1 Bed
1 Bath
1,210 SqFt
Price Dropped by $21K

253 S Broadway #504 Los Angeles, CA 90012

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Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 1,210 sqft

Price per Sqft $742

MLS Listing ID 26852147

Style Architectural

Bedrooms 1

Full Baths 1

HOA Fees $961/mo

HOA Y/N Yes

Year Built 1897

Lot Size 0.306 Acres

Acres 0.3059

Property Sub-Type Condo

Property Description

A rare opportunity to own a piece of Los Angeles history. Welcome to one of Downtown Los Angeles' most unique residences, a one-of-a-kind, two-story corner penthouse with a private rooftop terrace in the historic Pan American Lofts. Offered for the first time in 15 years, this rare residence features soaring 17-foot ceilings, nine oversized east- and south-facing windows, a distinctive fire escape, and unobstructed views down Broadway, including direct views of the iconic Bradbury Building and Million Dollar Theatre. The residence also benefits from the highly sought-after Mills Act, offering approximately 70% savings on property taxes. The HOA further enhances the value, covering nearly all utilities, including water, gas, internet, premium cable, and sewer, with electricity as the only utility paid separately by the owner. A dramatic spiral staircase leads to the lofted bedroom and your own private rooftop retreat, where panoramic city and mountain views create the perfect setting for entertaining, relaxing, grilling, or rooftop gardening. The unit includes a deeded subterranean parking space conveniently positioned near the elevator and building amenities include a central courtyard for dining and lounging. Ideally located in the heart of Downtown's Historic Core, directly across from Grand Central Market and the Historic Broadway Metro Station, you can enjoy easy access to Little Tokyo, the Financial District, and some of DTLA's best dining, shopping, and entertainment. The 40-unit Pan American Lofts is a meticulously maintained building and a true gem in the heart of DTLA's Historic Core.

Location

State CA

County Los Angeles

Area Downtown L.A.

Building/Complex Name Pan American Lofts Association

Zoning LAC2

Rooms

Dining Room 0

Kitchen Stone Counters

Interior

Interior Features Two Story Ceilings, Open Floor Plan, High Ceilings (9 Feet+), Recessed Lighting

Heating Forced Air

Cooling Central

Flooring Bamboo

Fireplaces Type None

Equipment Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer

Laundry In Unit

Exterior

Parking Features Converted Garage, Subterranean

Garage Spaces 1.0

Fence None

Pool None

Amenities Available Assoc Maintains Landscape, Assoc Pet Rules, Elevator, Hot Water, Picnic Area, Sun Deck

Waterfront Description None

View Y/N Yes

View City, Skyline, Mountains

Roof Type Flat, Rolled/Hot Mop

Building

Story 5

Sewer In Street Paid

Water Public

Architectural Style Architectural

Level or Stories Multi/Split

Structure Type Brick, Stone

Others

Special Listing Condition Standard

Pets Allowed Assoc Pet Rules, Permitted Types, Yes


TheMLS (CLAW)
Listed by Real Estate eBroker Inc.

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Chance Vanek

Chance Vanek

Agent | RE.S.0066702

+1(702) 305-3777

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253 S Broadway #504