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Image 1 - Pan American Lofts, 253 South Broadway, Los Angeles, CA 90012, USA - Condo for sale

Image 2 - Pan American Lofts, 253 South Broadway, Los Angeles, CA 90012, USA - Condo for sale

Image 3 - Pan American Lofts, 253 South Broadway, Los Angeles, CA 90012, USA - Condo for sale

Image 4 - Pan American Lofts, 253 South Broadway, Los Angeles, CA 90012, USA - Condo for sale

Image 5 - Pan American Lofts, 253 South Broadway, Los Angeles, CA 90012, USA - Condo for sale

Image 6 - Pan American Lofts, 253 South Broadway, Los Angeles, CA 90012, USA - Condo for sale

Image 7 - Pan American Lofts, 253 South Broadway, Los Angeles, CA 90012, USA - Condo for sale

Image 8 - Pan American Lofts, 253 South Broadway, Los Angeles, CA 90012, USA - Condo for sale

Condo For Sale In Los Angeles, California

Pan American Lofts, 253 South Broadway, Los Angeles, CA 90012, USA

Condo For Sale In Los Angeles, California

condo for sale

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Listed: 03/07/24

Pan American Lofts, 253 South Broadway, Los Angeles, CA 90012, USA

1 Bed:

1 Bath:

1,000 Sq Ft Living Area:

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Price

$ 599,995

Price: Lower

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About This Condo

Newly Reduced Price and Highly Motivated Seller! Act now to take advantage of an incredible opportunity. This building qualifies for a substantial$115, 000down payment assistance from the City of Los Angeles. The building is also Mill Act approved, offering a substantial reduction in property taxes by 75%! Don't Miss These Unbeatable Benefits! Located in the vibrant heart of DTLA's historic core, this urban loft comes with a unique perk: an assigned parking spot within the building's secure underground garage. A rarity in the area, this spot offers convenience and can be used or rented out for additional income. Experience the best of Downtown LA living, with prime access to popular destinations. Positioned just across from Grand Central Market, the loft … Full description

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Downtown Housing & Living

Average sale prices for condos

1 bed

2 bed

Show as List Show as Graph

Month	Median Price
Apr 2024	$703,191 (+10.3%)
Mar 2024	$637,743 (0%)
Feb 2024	$637,743 (0%)
Jan 2024	$637,743 (-5.1%)
Dec 2023	$672,221 (0%)
Nov 2023	$672,221 (0%)

In April 2024, the asking price for 1 bed condos for sale in/near Downtown, Los Angeles, United States averaged $703,191, an increase of 10.3% from the previous month.

Median price trends for properties for sale in Downtown, Los Angeles, United States as of April 2024.

Household Income

Median household income: $62,474

Number of households: 1,4M

The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.

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