Active
424 S Broadway
Los Angeles CA, 90013
$17,500,000
$234.51 per sqft
Active
45 Beds
60 Baths
74,624 sqft
Multi-family
Built in 1906
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.
25508413
MLSⓇ ID
March 7, 2025
Listed
March 15, 2025
Updated
Interior Features
Total Stories
10
Bedrooms
45
Total Bathrooms
60
Appliances
Built-Ins, Cable, Garbage Disposal, Freezer, Range/Oven, Refrigerator, Dishwasher
Laundry Description
Community
Floor Description
Cement, Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.21 Acres
Security
Card/Code Access
Other Property Details
Area Name
Downtown L.A.
Days on Market
8
Garage
No
Parking
Offsite
Parking Total
60
View
Yes
View Description
City, City Lights
County
Los Angeles
Zoning
LAC4
Listed by Kenny Stevens with Compass
Listing Contact: 310-968-7005
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Nikole Adams shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 3/15/2025