M
Seller's Agent in 2025
Michael Musha'Sha
Compass
(310) 500-3900
1 in this area
2 Total Sales
The 939 Lofts 939 S Broadway Unit 409 Los Angeles, CA 90015
Downtown LA Neighborhood
1
Bed
1
Bath
780
Sq Ft
$523/mo
HOA Fee
Highlights
- Concierge
- 24-Hour Security
- City View
- Fitness Center
- Lap Pool
- Breakfast Area or Nook
About This Home
As of September 2025Amazing 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. 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 professional for more details.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,368
Year Built
- Built in 1924 | Remodeled
HOA Fees
- $523 Monthly HOA Fees
Home Design
- Entry on the 4th floor
Interior Spaces
- 780 Sq Ft Home
- 1-Story Property
- Living Room
- Utility Room
- Stone Flooring
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Oven or Range
- Recirculated Exhaust Fan
- Dishwasher
- Laminate Countertops
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry closet
- Washer
Pool
- Lap Pool
- In Ground Pool
- Exercise
- Spa
Utilities
- Air Conditioning
- Central Heating
- Cable TV Available
Additional Features
- Outdoor Grill
- City Lot
Listing and Financial Details
- Assessor Parcel Number 5139-003-079
Community Details
Overview
- 151 Units
- High-Rise Condominium
Amenities
- Concierge
- Sundeck
- Community Fire Pit
- Picnic Area
- Elevator
Recreation
- Fitness Center
- Community Spa
Pet Policy
- Pets Allowed
Security
- 24-Hour Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 22, 2025
Closed on
Aug 7, 2025
Sold by
939 Broadway Loft Llc
Bought by
Law Jason and Law Taylor
Seller's Agent
Michael Musha'Sha
Compass
Buyer's Agent
Michael Musha'Sha
Compass
List Price
$495,000
Sold Price
$475,000
Premium/Discount to List
-$20,000
-4.04%
Views
6
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-32.19%
Original Mortgage
$356,250
Outstanding Balance
$356,104
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$113,393
Purchase Details
Closed on
Aug 29, 2023
Sold by
Pierce Taylor Murray
Bought by
939 Broadway Loft Llc
Purchase Details
Closed on
Aug 23, 2022
Sold by
Murray Pierce and Murray Taylor
Bought by
Pierce Taylor Murray
Purchase Details
Closed on
Oct 6, 2021
Sold by
Agoura Oaks Llc
Bought by
Murray Taylor
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $475,000 | Lawyers Title Company | |
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | $558,000 | Stewart Title Of Ca Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $356,250 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/12/2025 09/12/25 | Sold | $475,000 | 0.0% | $609 / Sq Ft |
| 08/03/2025 08/03/25 | Pending | -- | -- | -- |
| 07/24/2025 07/24/25 | Price Changed | $475,000 | -4.0% | $609 / Sq Ft |
| 06/22/2025 06/22/25 | For Sale | $495,000 | -11.3% | $635 / Sq Ft |
| 12/30/2021 12/30/21 | Sold | $558,000 | 0.0% | $764 / Sq Ft |
| 12/06/2021 12/06/21 | Pending | -- | -- | -- |
| 07/22/2021 07/22/21 | For Sale | $558,000 | -- | $764 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,368 | $592,153 | $273,791 | $318,362 |
| 2024 | $7,368 | $580,543 | $268,423 | $312,120 |
| 2023 | $7,229 | $569,160 | $263,160 | $306,000 |
| 2022 | $6,903 | $558,000 | $258,000 | $300,000 |
| 2021 | $4,233 | $325,102 | $26,794 | $298,308 |
| 2020 | $4,101 | $321,770 | $26,520 | $295,250 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Musha'Sha
-
A
Seller's Agent in 2021
Anna Nam
Douglas Elliman
-
J
Buyer's Agent in 2021
James Adner
Keller Williams Realty
About The 939 Lofts
Map
Source: The MLS
MLS Number: 25555693
APN: 5139-003-079
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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. Properties may or may not be listed by the office/agent presenting the information.
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