2 months on rocket

Sale Pending

253 S Broadway Unit 403, Los Angeles, CA, 90012

$550,000

Home List Price

$6,531*

Closing Credit

1 Bedroom
1 Full Bath
940 SqFt
$585/SqFt
Condo
Schools Nearby

Location

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253 S Broadway Unit 403, Los Angeles$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Controlled Entrance, Covered, Community Structure
Year Built1897
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewCity Lights
MLS #24364941
Lot Size0.31 Acres
StatusSale Pending
(Pending)

About 253 S Broadway Unit 403

Unit #403 is a rare south facing offering with southern exposure and sundrenched in natural light. It's unique arched windows (only on the 4th floor) frame the ornate facade of the Million Dollar Theatre situated across the street. Original exposed column & brick walls, 10 ft ceilings, and hardwood flooring throughout. The kitchen showcases a clean minimalist design, modern cabinetry, stainless steel cooktop + appliances, generous storage, and Caesarstone countertops. Likewise the bathroom has designer tile flooring, stainless steel fixtures, a large oversized soaking tub, with overhead rain shower fixture and in unit washer + dryer. Generous amount of storage and closet space throughout. 1 private DEEDED parking space included in subterranean garage. Mills Act approved saving homeowners roughly 75% on Property Taxes. Steps From The Grand Central Market, Bradbury Building, Million Dollar Theater, Upcoming Metro Regional Connector, Music Center/Concert Halls and All The Entertainment, and Fine Dining That Historic Core Has To Offer. A true gem and an exceptional opportunity awaits. *HOA Dues include water, trash, gas, high speed internet, cable, HBO+Showtime, & parking. Residents pay for their own electricity.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1897
  • Stories: 5
  • Living Area: 940 SqFt

Listing Office:

  • Office Name: Keller Williams Larchmont
  • Office Phone: (323) 762-2600
  • Listing Agent: Anh Tran

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Dryer, Washer
  • Flooring Type: Wood
  • Interior: Loft
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights

Parking Information:

  • Parking: Assigned, Controlled Entrance, Covered, Community Structure

Lot Features

Lot Information:

  • Lot Size: 0.31 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Ramon C. Cortines School of Visual and Performing, Public District Grades 9-12
  • Edward R. Roybal Learning Center, Public District Grades 9-12
  • Contreras Learning Center-Academic Leadership Community, Public District Grades 9-12
  • Sal Castro Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Ninth Street Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: North West Corner of 3rd and Broadway

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $585/SqFt

HOA Fees:

  • Amount: $744
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

253 S Broadway Unit 403 vs Los Angeles

85 DAYS ON ROCKET

+51 Days

$550,000

-$436.4K Less

$585/SqFt

-$47 Less

KEY TAKEAWAY

This property is $436.4K less than the Median Sold Price and $47/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24364941

Listing Office:

  • Office Name: Keller Williams Larchmont
  • Office Phone: (323) 762-2600
  • Listing Agent: Anh Tran

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: 5/29/2024, 7:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$3,557

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4332126
3
/10
  • Ninth Street Elementary School

  • 835 Stanford Ave

  • 1.06 miles

  • Public District Grades KG-5

school-card-donut-4332127
9
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 6.03 miles

  • Public Magnet Grades KG-6

school-card-donut-4332128
6
/10
  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 23.42 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-4332129
4
/10
  • Sal Castro Middle School

  • 1575 W 2nd St

  • 1.18 miles

  • Public District Grades 6-8

school-card-donut-4332130
4
/10
  • Studio

  • 2211 W Avenue 30

  • 3.74 miles

  • Public District Grades 6-8

High School

school-card-donut-4332131
6
/10
  • Ramon C. Cortines School of Visual and Performing

  • 450 N Grand Ave

  • 0.64 miles

  • Public District Grades 9-12

school-card-donut-4332132
5
/10
  • Edward R. Roybal Learning Center

  • 1200 Colton St

  • 0.83 miles

  • Public District Grades 9-12

school-card-donut-4332133
3
/10
  • Contreras Learning Center-Academic Leadership Community

  • 322 Lucas Ave

  • 0.86 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $16,568. Most Los Angeles, CA residents have annual incomes less than $35k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 253 S Broadway Unit 403

What is the listing price of this property?

The listing price of 253 S Broadway Unit 403 property is $550,000.

What type of property is this?

The property 253 S Broadway Unit 403 is a condo located in Los Angeles, California, 90012.

Is this property for sale now?

Sale Pending: 253 S Broadway Unit 403 is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 253 S Broadway Unit 403 are:
Ninth Street Elementary School: GreatSchools Rating 3/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Sal Castro Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Ramon C. Cortines School of Visual and Performing: GreatSchools Rating 6/10
Edward R. Roybal Learning Center: GreatSchools Rating 5/10
Contreras Learning Center-Academic Leadership Community: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 253 S Broadway Unit 403 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 253 S Broadway Unit 403 is 940 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 253 S Broadway Unit 403 is 1897.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles90012253 S Broadway Unit 403

This home is located at 253 S Broadway Unit 403 in Los Angeles, CA and zip code 90012 in the Central LA neighborhood. This 940 square foot home, which was built in 1897, sits on a 0.31 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 05, 2024 and is currently priced at $550,000.

In April 2024 more than 701 listings in Los Angeles, CA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 629 were sold below. Between March 2024 and April 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 14.9%. The median list price of listings available in April 2024 was $986,427, while the average time on the real estate market was 34 days.

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

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