253 S Broadway 201
Los Angeles, CA, 90012
$668,000
MLS: 26654363
Beds
1
Baths
1
Sq Ft
970
Lot
0.31 ac
Year Built
1897
MLS #
26654363
Days on Market
29
Listed
Feb 19, 2026
Description
A rare offering at the iconic Pan American Lofts, this beautifully renovated open-concept 1-bedroom blends historic grandeur with refined modern design. Built in 1897 and designated an L.A. Historic Cultural Monument, this intimate 40-unit Beaux Arts community qualifies for the MILLS ACT, offering significant property tax savings which helps offset the monthly HOA dues. Inside, 11' ceilings, original exposed brick, and oversized windows flood the space with natural light. The fully renovated chef's kitchen features custom cabinetry and high-end (Viking & Wolf) stainless steel appliances, while the redesigned bath delivers a clean, spa-like aesthetic. The open layout enhances the loft's scale and flexibility for live/work living. Conveniences include in-unit laundry, controlled entry, a community interior courtyard lounge area, and a prime parking spot in the secured on-site parking garage. Ideally located at 3rd & Broadway, the home is directly across from Grand Central Market and moments from the Bradbury Building, Metro, Little Tokyo, and DTLA's best dining and culture. HOA dues include water, gas, sewer, trash, high-speed internet, and premium cable (Spectrum + HBO).
Location
Los Angeles, Los Angeles County, CA 90012
Open on Google Maps ↗Listed by: David Lukan · Compass
Payment estimate
$4,940
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $66,800 · Loan: $601,200
- Principal & Interest
- $3,694
- Property tax (1.25%)
- $696
- Homeowners insurance
- $300
- Mortgage insurance
- $251
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $23,380 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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