424 S Broadway, Los Angeles, CA 90013 - Berkshire Hathaway HomeServices California Properties

424 S Broadway, Los Angeles, CA 90013

$17,500,000 Approx. USD 45 beds, 60 baths
74,624 sqft

Listing Agent


Kenny Stevens | kenny@kennystevensteam.com
Lic#: 01090251
Broker: Courtesy of Compass

Co Listing Agent


Max Berger | max@kennystevensteam.com
Lic#: 02054048
Broker: Courtesy of Compass

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25508413
Price: $17,500,000
Beds: 45
Baths: 60
Built in 1906
74,624 sqft
0.21 acres
Lot size: 0.2068
County: Los Angeles
Zoning: LAC4
Appliances: Dishwasher,Disposal,Refrigerator
Parking description: Off Site
Heating/cooling: Central Air
Heating description: Central
MLS area: C42 - Downtown L.A.

Last Updated: 5/9/2025

 Days On Market (DOM): 102

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This listing belongs to the C42 - Downtown L.A. MLS area

Lat/Long: 34.048670, -118.249658.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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