$475,000
PENDING OPEN HOUSE 8/24 $20K PRICE DROP

Estimated payment $3,737/month

Total Views 1,878
1 Bed
1 Bath
780 Sq Ft
$609 Price per Sq Ft

Highlights

  • Concierge
  • 24-Hour Security
  • City View
  • Fitness Center
  • Lap Pool
  • Breakfast Area or Nook

About This Home

Amazing 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.

Listing Agent

Michael Musha'Sha

Compass License #02059181 Listed on: 06/22/2025

Compass

Open House Schedule

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,368

Year Built

  • Built in 1924 | Remodeled

HOA Fees

  • $523 Monthly HOA Fees

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 in unit
  • Washer

Pool

  • Lap Pool
  • In Ground Pool
  • Exercise
  • Spa

Utilities

  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,368

Year Built

Built in 1924 | Remodeled

Lot Details

0

HOA Fees

$523 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: High or Mid-Rise Condo
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: 939Lofts
  • Entry Floor: 4
  • Entry Location: Foyer
  • Living Area: 780
  • Lot Acreage: 0.3558
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Unit Floor In Building: 4
  • Year Built: 1924
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Elevator, Laundry - Closet Stacked
  • Flooring: Stone Tile
  • Appliances: Built-In Electric
  • Bedrooms: 1
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: Primary Bedroom
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar
  • Kitchen Features: Laminate Counters
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Barbeque, Dishwasher, Range/Oven, Recirculated Exhaust Fan, Washer, Network Wire
  • Fireplace: No
  • Price Per S Q F T: 608.97

Exterior Features

  • Pool Description: Association Pool, Exercise Pool, Lap Pool
  • Pool: Yes
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: City
  • View: Yes

Utilities

  • TV Svcs: Cable TV
  • Cooling: Air Conditioning
  • Heating: Central
  • Security: 24 Hour, Guarded, Resident Manager
  • Water: Public

Association/Amenities

  • Amenities: Concierge, Fitness Center, Fire Pit, Elevator, Exercise Room, Sun Deck, Security, Pool, Picnic Area
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 523.00
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5139-003-079
  • Lot Description: Curbs, Sidewalks
  • Lot Location: City
  • Lot Size Area: 15498

Rental Info

  • Furnished: Furnished Or Unfurnished

Multi Family

  • Number Of Units: 151

Tax Info

  • Mello Roos: Unknown

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Property History

Date Event Price Change Sq Ft Price
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

Purchase History

Date Type Sale Price 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

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Source: The MLS

MLS Number: 25555693

The MLS

APN: 5139-003-079