253 S Broadway Unit 504, Los Angeles, CA 90012

Property Description

Welcome to the Historic Crown Jewel of Downtown, a one of a kind corner penthouse loft in Los Angeles' second oldest commercial building, Pan American Lofts. Also known as the Irvine Byrne Building and designated Historic-Cultural Monument No. 544, this iconic 40 unit Mills Act community offers property tax savings of up to 70%. Offered for the first time in 15 years, this exceptional penthouse presents a rare opportunity to own a residence that has had just one previous owner. The unit features an unobstructed view down Broadway, framing a bird's-eye view of the landmark Bradbury Building and the richly detailed Spanish Revival facade of the Million Dollar Theatre, sculpted by renowned artist Jo Mora. Soaring 17 foot ceilings, a lofted bedroom with hardwood flooring, and nine expansive east and south-facing brick framed windows create a bright and airy living space. A dramatic spiral staircase leads to the lofted bedroom and private rooftop sanctuary, offering panoramic city and Mountain View's ideal for rooftop gardening and entertaining. The unit includes a deeded subterranean parking space conveniently positioned near the elevator and access to the buildings central courtyard. Located in the heart of Downtown Los Angeles' Historic Core, Pan American Lofts is directly across from Grand Central Market and the Historic Broadway Metro station, with Little Tokyo, the Financial District, and some of DTLA's best dining, shopping, and entertainment just moments away.