$6,175

closing credit¹

939 S Broadway Unit 409 Los Angeles, CA 90015

$520,000
1 bed
1 full
780 sqft
0.4 acres
$667 / sqft
Condo

Property details

About 939 S Broadway Unit 409

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.

Highlights

Home typeCondominium
HeatingCentral
StatusActive
Size780 sqft
Lot size0.3558 Acres
Year built1924
MLS #25475639
ViewCity Lights

Summary

  • MLS Number: 25475639
  • MLS Name: CRMLS
  • Office Name: Compass
  • Office Phone: (310) 652-6285
  • Listing Agent: Michael Musha'Sha

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/20/2025, 1:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of pool featuring a patio area and a community hot tub

$520,000

939 S Broadway Unit 409

$6,175

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

3

9th Street School

Public District KG-5

0.7 mi

835 Stanford Ave

4

San Pedro Street Elementary

Public District PK-5

0.9 mi

1635 S San Pedro St

4

10th Street Elementary School

Public District 1-5

1.0 mi

1000 Grattan St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $22,278. Most Los Angeles, CA residents have annual incomes less than $<35k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

65%
<35k
22%
35k-100k
10%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

68%
Single, No Kids
7%
Single, with Kids
12%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
7%
12-17 yrs old
55%
18-34 yrs old
27%
35-64 yrs old
2%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Art MuseumsArt Museums
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • BloomingdalesBloomingdales
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • ChipotleChipotle
  • StarbucksStarbucks
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • VolkswagenVolkswagen
  • AudiAudi
  • ToyotaToyota

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 939 S Broadway Unit 409

This home is located at 939 S Broadway Unit 409 in Los Angeles, CA and zip code 90015 in the Central LA neighborhood. This 780 square foot home, which was built in 1924, sits on a 0.36 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since January 2, 2025 and is currently priced at $520,000.

Over 524 listings were sold over their listed price in December 2024 in Los Angeles, CA. In the same period over 740 listings were sold below the listed price and 203 listings were sold for the listed price. The inventory of homes for sale in Los Angeles, CA between November and December 2024 decreased by 5.3%. The median list price of listings available in December 2024 was $1,026,634, while the average time on the real estate market was 41 days.

From Rocket Homes Real Estate and based on county public records data.

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