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$849,000
Listing Price1beds
1baths
1,210sqft
13,323sqft lot
253 S Broadway, Los Angeles, CA 90012
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Full foreclosure details
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Seller is very motivated to sell! 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 dini
Interior Details
1210
1
1
Has Heating:
Yes
Heating Type:
Central
Has Cooling:
Yes
Cooling Type:
Central
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
13323
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Condo/apartment
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$2,970
$52,800
$211,200
--%
$264,000
2019
$2,970
$52,800
$211,200
--%
$264,000
2018
$3,423
$52,800
$211,200
--%
$264,000
2017
$3,131
$48,000
$192,000
--%
$240,000
2016
$2,436
$36,800
$147,200
--%
$184,000
2014
$2,489
$36,800
$147,200
--%
$184,000
2013
$2,469
$36,800
$147,200
--%
$184,000
2012
$3,581
$29,200
$116,800
--%
$146,000
Average Home Price in 90012
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles





