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849 S Broadway M11, Los Angeles, CA 90014

List Price: $1,100,000On Market FlagOn market
Mar 4, 20251,830 sqft2 beds2 baths
Listed by: Jeff Fisher
License #: 01429217
Phone #: (626) 394-6696
Berkshire Hathaway Home Servic
Source:
CRMLS Logo
MLS #: P1-21115

Property Description

Price Adjustment and Incredible opportunity to own one of the largest corner lofts (1,830 SF) in the iconic Eastern Columbia building. The coveted historical Art Deco building was designed by Claud Beelman and benefits from the Mills Act which provides the homeowner with considerable property tax savings of over 70%. This completely renovated corner 2-bedroom, and 2-bathroom loft features a formal entry, tall ceilings, warm terra cotta concrete flooring, updated chef's kitchen with pantry and island, designer lighting, remodeled spa-like bathrooms, custom closets, and washer and dryer. The spacious open floor plan seamlessly connects the living, dining, kitchen, and office areas, with separation of the 2 bedrooms, each on opposite sides of the loft. Included is one parking spot, with an additional parking spot equipped with an electric car charger and a large storage space for rent. Building amenities include a designer lobby with 24-hour reception and concierge service, a stunning rooftop pool with breathtaking views of DTLA, sun deck and lounge area, spa, outdoor fireplace, fitness center, Zen Garden, and an artificial grass pet area. Located within blocks are Whole Foods, Ace Hotel and Bar, the Orpheum Theatre, Grand Central Market, Metro, LA Athletic club, LA Live, the Fashion District and many of DTLA's top restaurants, shops and cafes.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$22,836

TurboHome Estimated Value

$1,311,200

$717 sqft

High Valuation
$1,376,760
$752/sqft
Normal Valuation
$1,311,200
$717/sqft
Low Valuation
$1,245,640
$681/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$717/sqft$1,311,200

Neighborhood: Downtown

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Comparative Value

$1.02M

$1.03M

$1.05M

$1.10M

$1.15M

$1.20M

1111 S Grand Ave 1212, Los Angeles, CA 90015

Sale Price: $1,020,000

Selected Comparable

1100 S Hope St 801, Los Angeles, CA 90015

Sale Price: $1,030,000

Selected Comparable

738 S Los Angeles St 708, Los Angeles, CA 90014

Sale Price: $1,050,000

Selected Comparable

849 S Broadway M11, Los Angeles, CA 90014

List Price: $1,100,000

Subject Property

900 W Olympic Blvd 33I, Los Angeles, CA 90015

Sale Price: $1,150,000

Selected Comparable

1111 S Grand Ave 1201, Los Angeles, CA 90015

Sale Price: $1,200,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
849 S Broadway M11, Los Angeles, CA 90014

849 S Broadway M11, Los Angeles, CA 90014

List: $1,100,000

Listed: 3/4/2025

Area:1,830 sqft
Price/sqft:$601
Beds:2
Baths:2
Year Built:
Lot Size:22,842

Comparable Properties

COMPARABLE
Choose comps
1111 S Grand Ave 1212, Los Angeles, CA 90015

1111 S Grand Ave 1212, Los Angeles, CA 90015

Sale: $1,020,000

11/26/20240.38 mi

Area:1,890 sqft
Price/sqft:$540
Beds:2
Baths:2
Year Built:
Weight:21.3%
738 S Los Angeles St 708, Los Angeles, CA 90014

738 S Los Angeles St 708, Los Angeles, CA 90014

Sale: $1,050,000

9/20/20240.29 mi

Area:1,695 sqft
Price/sqft:$619
Beds:2
Baths:2
Year Built:
Weight:20.4%
900 W Olympic Blvd 33I, Los Angeles, CA 90015

900 W Olympic Blvd 33I, Los Angeles, CA 90015

Sale: $1,150,000

5/25/20250.64 mi

Area:1,550 sqft
Price/sqft:$742
Beds:2
Baths:2
Year Built:
Weight:20.2%
1100 S Hope St 801, Los Angeles, CA 90015

1100 S Hope St 801, Los Angeles, CA 90015

Sale: $1,030,000

6/20/20250.40 mi

Area:1,628 sqft
Price/sqft:$633
Beds:2
Baths:3
Year Built:
Weight:19.3%
1111 S Grand Ave 1201, Los Angeles, CA 90015

1111 S Grand Ave 1201, Los Angeles, CA 90015

Sale: $1,200,000

5/15/20250.38 mi

Area:2,040 sqft
Price/sqft:$588
Beds:2
Baths:3
Year Built:
Weight:18.8%

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