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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$899,000

Est. payment - /mo

1 Bed

1 Bath

1,210 SqFt

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UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,210 sqft

Price per Sqft $742

MLS Listing ID 26852147

Bedrooms 1

Full Baths 1

HOA Fees $961/mo

HOA Y/N Yes

Year Built 1897

Lot Size 0.306 Acres

Property Sub-Type Condominium

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 C42 - Downtown L.A.

Zoning LAC2

Interior

Interior Features High Ceilings, Open Floorplan, Recessed Lighting, Two Story Ceilings, Loft

Heating Forced Air

Cooling Central Air

Flooring Bamboo

Fireplaces Type None

Furnishings Furnished Or Unfurnished

Fireplace No

Appliance Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Range Hood, Dryer, Washer

Exterior

Parking Features Converted Garage, Underground

Fence None

Pool None

Amenities Available Gas, Maintenance Grounds, Hot Water, Insurance, Picnic Area, Pet Restrictions, Trash, Cable TV

View Y/N Yes

View City Lights, Mountain(s)

Roof Type Rolled/Hot Mop

Porch Rooftop

Total Parking Spaces 1

Private Pool No

Building

Faces East

Story 5

Entry Level Multi/Split

Sewer Sewer Tap Paid

Level or Stories Multi/Split

New Construction No

Others

Pets Allowed Yes

Senior Community No

Tax ID 5149009060

Security Features Carbon Monoxide Detector(s),Fire Detection System,Fire Rated Drywall,Fire Sprinkler System,Security Gate,Key Card Entry,Smoke Detector(s)

Special Listing Condition Standard

Pets Allowed Yes

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Listed by Sabrina Mosenifar Real Estate eBroker Inc. #02060615

NEARBY SCHOOL & BUSINESS

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253 S Broadway #504 Los Angeles, CA 90012