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424 S Broadway

Los Angeles, CA 90013

– beds
– baths
– sqft
9,010 sqft lot
1906 build
– on site

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.

Listed By CRMLS_CA / Kenny Stevens / Compass

Last checked: Checking… • Last updated Mar 7, 2025 •

MLS# 25508413 —

The Building

Year Built:

1906
New Construction:

No
Building Area Total:

74624.00
Total Number Of Units:

60
# of Buildings:

1
Stories Total:

10
Faces:

West

Interior

Levels:

Multi/Split
Flooring:

Tile
Laundry:

Community
Laundry:

1

Location

Directions:

Located just south of 4th St, The Judson is 2 blocks from Pershing Square and Grand Central Market. In addition, the subject property is less than a mile from Museum Row & LA Live/ Crypto.com Arena/ Fig @ 7th.
Latitude:

34.04867000
Longitude:

-118.24965800

The Property

Property Type:

Residential Income
Property Condition:

Updated/Remodeled
Zoning:

LAC4
Lot Size Area:

9010.0000
Lot Size Acres:

0.2068
Lot Size SqFt:

9010.00
View:

1
View:

City Lights
Security Features:

Card/Code Access
Additional Parcels:

No

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5149024009

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Appliances

Appliances:

Dishwasher, Disposal, Refrigerator
Included:

Yes

The Community

Association:

No
Senior Community:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Off Site
Parking Spaces:

60.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/7/25 Mar 7, 2025	Listed / Active	CRMLS_CA	$17,500,000

Multifamily For Sale

$17,500,000

Listing provided by broker:

Kenny Stevens

Compass

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This multifamily located in Central LA, Los Angeles, CA 90013 is currently for sale for $17,500,000. 424 S Broadway is a – square foot multifamily with – beds and – baths that has been on Estately for 7 days. 424 S Broadway is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 97, making it a walker’s paradise. This multifamily is in the attendance area of Belmont Senior High School, Miguel Contreras Learning Complex - School Of Social Justice, Miguel Contreras Learning Complex - Business And Tourism, Edward R. Roybal Learning Center, Miguel Contreras Learning Complex - Acdemic Ldrshp Community, Ramon C Cortines School Of Visual And Performing Arts, John H Liechty Middle School, Miguel Contreras Learning Complex - Los Angeles School Of Global Studies, and 9th Street Elementary School.

Listing Courtesy of: CRMLS_CA and Compass. Based on information from California Regional Multiple Listing Service, Inc. as of 16:10 on Mar 14.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.