849 S Broadway M09, Los Angeles, California 90014

$590,000

Property Type

Residential

Bedrooms

1

Bathrooms

1

Square Feet

990 sqft

City

Los Angeles

Status

Active

Own a piece of Los Angeles history in DTLA's most iconic Art Deco masterpiece: the world-renowned Eastern Columbia Building. Rarely available (first time on market), Unit M-09 is a premium 990 sq. ft. west-facing live/work loft that effortlessly blends true industrial grit with modern luxury. Step inside to discover an entertainer's dream featuring soaring 11+ foot ceilings, dramatic exposed beams, and polished dark concrete floors. Unique to only a select few units in the building, this residence boasts massive, dual-paned windows that flood the open-concept layout with natural light while offering peaceful, temperate cityscapes and treetop views. The highly functional layout features a distinct, separated primary bedroom area, an expansive open-plan living and workspace, upgraded stainless steel appliances, custom window coverings, and an in-unit washer/dryer. The unit also comes complete with 1 assigned covered parking space equipped with an EV charger. BUY WITH ABSOLUTE PEACE OF MIND: The SELLER HAS FULLY PAID THE SPECIAL ASSESSMENT! This delivers incredible instant equity and a completely hassle-free transition for the new owner, bypassing a major future expense. Perfectly situated in the premier, vibrant neighborhood of South Park right on the border of the Historic Core, this property offers the absolute best of the downtown LA lifestyle at your doorstep. This location strikes the perfect balance between the high-end, clean residential energy of South Park and the rich cultural grit and architecture of the Historic Core. You are completely walkable and just steps from the flagship Apple Store at the Tower Theatre, Whole Foods, the upcoming Erewhon, the Orpheum Theatre, and world-class dining destinations like Redbird, Dunsmoor, and Grand Central Market. When you live at the Eastern Columbia, you live like a celebrity. Residents enjoy unparalleled, resort-style amenities including a breathtaking rooftop sky-deck pool, hot tub, fully equipped fitness center, outdoor fireplace lounge, and 24/7 front desk concierge and security all wrapped by the building's iconic turquoise terra cotta facade and neon clock tower. THE ULTIMATE BONUS: Enjoy historic financial savings. The building is an approved Mills Act contract property, granting owners up to 70% off annual property taxes! Between the paid assessment and the massive property tax discount, the carry cost and value proposition of this luxury loft are entirely unmatched in the city. Opportunities in this tier do not last. Whether you are looking for an inspiring, creative live/work workspace, a luxury urban pied-a-terre , or a trophy real estate asset, Unit M9 delivers on every front. Schedule your private tour today before it's gone!