CA > Los Angeles
Los Angeles, CA 90013,424 S Broadway
Los Angeles, CA 90013,424 S Broadway
Los Angeles, CA 90013,424 S Broadway
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$17,500,000
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45 BD
60 BA
74,624 SqFt
New

424 S Broadway Los Angeles, CA 90013

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Roe Valenti S.0190519

Roe Valenti S.0190519

+1(702) 460-5556

UPDATED:

03/07/2025 08:44 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 74,624 sqft

Price per Sqft $234

MLS Listing ID 25508413

Bedrooms 45

Construction Status Updated/Remodeled

Year Built 1906

Lot Size 9,010 Sqft

Acres 0.2068

Property Sub-Type Multi-Family

Property Description

A rare investment opportunity in the heart of Downtown LA's Broadway Theatre District, The Judson is a fully restored 60-unit Beaux-Arts apartment complex offering historic charm with modern convenience. Unlike most DTLA properties, The Judson is NOT subject to local rent control, allowing for annual rent increases of 5% + CPI (currently 8.9%). Additionally, as a Mills Act property, it benefits from significant tax savings of approximately 50% annually. In 2006, the building underwent an $11 million renovation led by David Gray Architects, preserving its stunning Beaux-Arts design while modernizing interiors and infrastructure. The Judson consists entirely of market-rate, turnkey units, featuring high ceilings, polished concrete floors, stainless steel appliances, Caesarstone countertops, Italian cabinetry, recessed lighting, and oversized soaking tubs. Select units offer exposed brick, balconies, and city views. Amenities include a controlled-access lobby, two elevators, a skylight stairway, a recreation room, a gym, private storage, and a rooftop sundeck with a spa, BBQ area, and breathtaking LA skyline views. Parking is secured through a long-term agreement with the California Redevelopment Agency, providing 60 dedicated spaces at 333 S. Spring St. A recognized Historic-Cultural Monument and listed on the National Register of Historic Places, The Judson is surrounded by DTLA's finest restaurants, retail, and entertainment, making it an unparalleled investment opportunity in one of LA's most vibrant neighborhoods.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LAC4

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Flooring Cement, Tile

Equipment Built-Ins, Cable, Garbage Disposal, Freezer, Range/Oven, Refrigerator, Dishwasher

Laundry Community

Exterior

Parking Features Offsite

Garage Spaces 60.0

View Y/N Yes

View City, City Lights

Building

Story 10

Level or Stories Multi/Split

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Compass

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Roe Valenti S.0190519

REALTOR® | RE.S.0190519

+1(702) 460-5556

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424 S Broadway