Mills Act Loft Just Listed For Sale Downtown L.A. Eastern Columbia Building 849 S Broadway

Allure of Urban Elegance: Journey Through Eastern Columbia Loft 603

REAL ESTATE NEWS (Los Angeles) — In the heart of Downtown, where historic charm meets contemporary elegance, lies a real estate gem: Eastern Columbia Loft Unit 603. Located at 849 S Broadway #603, this condo/co-op is an embodiment of luxury urban living. With an asking price of $1,799,000, this 2,240 sqft loft is not just a residence; it’s a lifestyle statement. | PROPERTY DETAILS AND PHOTOS

Historical Charm Meets Modern Luxury

Unit 603 is nestled in the Eastern Columbia Building, a Los Angeles Historic-Cultural Monument, symbolizing the rich history of LA. This loft seamlessly blends the past with the present, offering an expansive living area that boasts both historical charm and modern design.

A Culinary Haven

The kitchen is a masterpiece in itself. Custom white oak cabinets, slimestone counters, and top-tier GE cafe appliances, including a panel front Sub-Zero refrigerator, make it a dream for any culinary enthusiast.

A Sanctuary of Refinement

The bathrooms in this loft exude luxury, with custom solid wood vanities set against sleek quartz countertops, offering a serene and refined space.

Smart Living

Embracing the future, the residence is equipped with Lutron Caseta smart switches and Nest thermostats, ensuring comfort and convenience are just a touch away.

Exclusive Amenities

Living in Unit 603 grants access to exclusive building amenities. The rooftop deck, pool, jacuzzi, community gym, and 24/7 concierge services add to the allure of this property. Additional benefits include a private storage space and two reserved parking spots with an EV charger.

A Cultural Hub

Located in Downtown LA, the neighborhood is a vibrant hub for shopping, art, food, and entertainment. Iconic venues like The Broad, The Walt Disney Concert Hall, and the Crypto.com Arena are just a stone’s throw away.

A Piece of Hollywood

Unit 603 is not just a home; it’s a part of Hollywood glamour. Having featured in various movies, TV shows, and commercials, this building has been a residence for celebrities like Johnny Depp.

Investment and Savings

Thanks to the special Mills Act tax relief status, the property taxes for this loft are significantly reduced, making it not just a luxurious choice but a wise investment.

Architectural and Community Details

  • Year Built: 1930
  • Stories: 13
  • View: City Lights
  • HOA Fee: $2235.00/Monthly
  • MLS#: WS23215229MR

Transportation and Accessibility

With a high walk score and excellent public transit options, this location is perfect for those who prefer an active urban lifestyle. Its strategic location ensures that all day-to-day needs are within walking distance.

History that We Like to Repeat

Eastern Columbia Loft Unit 603 is more than just an address; it’s a portal to a life of luxury, history, and culture. With its blend of historical significance and modern amenities, it offers an unparalleled living experience in the heart of Los Angeles. Whether you’re a history buff, a luxury seeker, or a cultural enthusiast, this loft is a dream come true.

The Historic Core of Downtown Los Angeles: A Glimpse into the Eastern Columbia Building and Its Vibrant Surroundings

In the heart of Downtown Los Angeles’ Historic Core, a stone’s throw away from the famous Orpheum Theater, stands the Eastern Columbia Building – a symbol of architectural grandeur and urban renaissance. This area, known for its rich history and cultural vibrancy, offers a unique glimpse into the soul of urban Los Angeles.

The Eastern Columbia Building: A Jewel of Art Deco

The Eastern Columbia Building, with its distinctive turquoise terra cotta façade and iconic clock tower, is a masterpiece of Art Deco architecture. Built in the 1930s, it represents a bygone era of glamour and elegance. Today, it has been transformed into a modern, live/work space, marrying historic charm with contemporary luxury.

Inside the Eastern Columbia Lofts

The lofts within the Eastern Columbia Building are a testament to minimalist beauty and functional design. High ceilings, polished concrete floors, and large casement windows create airy, light-filled spaces that are both expansive and inviting. The Scandinavian-inspired interiors with custom woodwork add warmth and sophistication, making these lofts not just homes, but works of art.

A Neighborhood Steeped in History

The Historic Core of Downtown LA, where the Eastern Columbia Building is located, is a neighborhood steeped in history. Once the bustling center of Los Angeles, it has experienced a renaissance in recent years. The area around Broadway and 9th Street is a tapestry of old and new, where historic theaters like the Orpheum stand alongside contemporary boutiques and eateries.

Cultural and Entertainment Hub

This neighborhood is a haven for culture and entertainment enthusiasts. The proximity to theaters, galleries, and concert venues makes it an ideal location for those who appreciate the arts. From indie films at the Orpheum to contemporary art at nearby galleries, there’s always something to stimulate the senses.

A Lifestyle of Convenience and Luxury

The Eastern Columbia Building and its surroundings offer a lifestyle of convenience and luxury. Residents can enjoy resort-style amenities like rooftop pools, lounges, and fitness centers. The neighborhood also offers an abundance of shopping, dining, and entertainment options, all within walking distance.

The Intersection of Past and Present

What sets the Eastern Columbia Building and its neighborhood apart is the seamless blend of past and present. While the building itself is a symbol of LA’s historical architecture, the area has evolved into a bustling, modern hub of urban living, offering a unique lifestyle that honors its historical roots while embracing modernity.

Iconic Art Deco Masterpiece of Architecture

The Eastern Columbia Building and its surrounding neighborhood in the Historic Core of Downtown Los Angeles offer a unique urban experience. It’s a place where history meets modernity, where architectural beauty meets contemporary living, and where every corner holds a story. For those seeking to immerse themselves in the heart of LA’s urban culture, this neighborhood is not just a place to live, but a place to be truly alive.

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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Broker DRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Text and photos created or modified by artificial intelligence. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

Eastern Columbia Building Renovation and Special Assessment Update

849 S Broadway, Los Angeles, CA 90014

REAL ESTATE NEWS (Los Angeles, CA) — The Eastern Columbia Building is an architectural masterpiece that has served as a landmark in Los Angeles for over nine decades. Built in 1930 as a retail store and later used as office space, the building has been listed as a historical landmark since 1985. In 2006, it was renovated and converted into 147 condominiums for sale by the Kor Group. The commercial units and parking garage were retained by the Kor Group and sold to Coast. The building began participating in the Mills Act Historic Contracts Program. In recent years, the building has undergone extensive renovations and restoration, including repairs and restoration of its brilliant blue terracotta exterior surface tile facade. | FOR SALE | FOR LEASE

The Eastern Columbia Building’s terra cotta tiles are a unique feature that has become synonymous with the building’s iconic design. The tiles were designed not only for decorative purposes but also as a structural element and waterproofing. Each terra cotta unit weighs approximately 200 pounds and is designed not to crack. The terra cotta masonry is an important component of the building’s structural integrity and must be maintained, repaired, and replaced regularly.

Wiss, Janney Elstner Associates (WJE) was hired in 2018 to test and evaluate the terra cotta tiles. The testing and evaluation process included a visual condition assessment, multi-year moisture analysis and instrumentation, in-situ testing of existing glaze, and the design and specification of repairs and restoration. WJE prequalified contractors for the highly specialized work, which required extraordinary coordination for City approvals and safety measures. Seven bids were requested, and four contractors provided bids and were interviewed. Two finalists were re-interviewed in September 2021, and Mark 1 Restoration was chosen for their expertise and competitive pricing.

WJE’s testing and evaluation found that various generations and colors of repointing mortar were present in the joints between terra cotta units. Repointing mortar is typically visually lighter and whiter in color than what is assumed to be the original mortar, which is green in color. The glaze at the spall is debonded and blistered and can be pulled away by hand. Temperature and moisture monitors were installed at the clock tower to perform a 12+ month monitoring of potential moisture migration, drying, and vapor transmission through the masonry. WJE installed eight wireless sensors that recorded temperature and relative humidity (RH) at the north, south, east, and west clock tower facades to determine whether differences in temperature and RH exist between corresponding interior and exterior sides of the facades and between different facades.

Laboratory analysis involved the characterization of existing patching mortars and terra cotta mortars. Thirteen sample fragments were analyzed using microscopy that included terra cotta repair mortars and masonry mortars. ASTM C856 Standard Practice for Petrographic Examination was used as a guideline for laboratory material characterization, and scanning electron microscopy (SEM) was utilized to detect types of mortar constituents within the patch compounds and mortars.

The construction drawings and specifications involved the pre-approval/selection of the contractor, competitive bidding by four entities, detailed bid review and interviews, detail negotiation, and contractor selection. The terra cotta glaze adhesion testing involved all four elevations of the clock tower tested at six representative locations at both vertical and horizontal surfaces of terra cotta glaze surfaces. A direct tensile load was applied using the instrumentation using uniformly increasing rate until the glaze failure. Glaze adhesion tests were noted to have pull-ff strengths resulting between a minimum of 377 psi and a maximum adhesion strength of up to 460 psi – all within close range of the other.

Now that the contractor has been chosen, the project is moving forward with the actual restoration work. The renovation process will include the inspection and repair of each individual tile, which will require extraordinary coordination for City approvals and safety measures. The renovation work will also involve the removal of the current sealant, repair of any broken tiles, and replacement of the sealant. Once the restoration is complete, the building will be resealed with a new sealant, which will help protect the terracotta facade from the elements.

In addition to the restoration work, the project will also involve the installation of a new lightning protection system. This system will help protect the building from lightning strikes and ensure that the residents and tenants inside are safe from harm. The lightning protection system will also help prevent damage to the terracotta facade in the event of a lightning strike.

While the renovation work is underway, the Eastern Columbia Building will remain open and operational. The residents and tenants of the building will still have access to their units and offices, and the building’s retail spaces will remain open for business. However, there may be some temporary disruptions during the renovation process, such as closures of certain areas of the building or temporary changes to the building’s entrance or exit points.

The renovation of the Eastern Columbia Building is an important project that will help preserve this historic landmark for generations to come. The building has been an iconic part of the Los Angeles skyline for over 90 years, and its beautiful terracotta facade is a testament to the architectural and design skills of its creators. The restoration of this facade is crucial not just for its aesthetic value, but also for the building’s structural integrity and waterproofing.

The Eastern Columbia Building has a rich history, and its renovation is a reminder of the importance of preserving our past for the future. The building’s transformation from a department store to condominiums is a testament to the resilience and adaptability of historic buildings. Through the Mills Act Historic Contracts Program, the building has been able to receive tax benefits for its historic preservation, which has helped ensure its longevity.

The selection of Mark 1 Restoration as the contractor for the project is a testament to the company’s expertise and experience in working with historic buildings. With the restoration work set to begin, we can look forward to seeing the Eastern Columbia Building restored to its former glory, and continuing to be an important part of the Los Angeles skyline.

Realtor® Tim Thompson represents the landlord of Penthouse 1, a top floor two-story unit currently for lease, formerly owned by A-list celebrity Johnny Depp. Tim reminds all that rental tenants can enjoy the Eastern Columbia without worrying about HOA dues or special assessments, because the landlords take care of those costs.

Entailing tremendous labor, technical knowhow and artistic ability, the exact total cost of the immense project is unknown, but expected to be around $4.5 million. To pay for the project, the HOA Home Owners Association had to approved a special assessment that must be paid by each home owner, averaging approximately $30,000 per unit. Prospective home buyers of Eastern Columbia should ask to ensure that the home seller will pay all or part of the assessment so that prospective buyers will not be strapped for an unanticipated expense. More at www.EasternColumbiaLoft.com

Get a free list of live/work lofts in Downtown Los Angeles. Fill out the online form:

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Find lofts for sale and for lease at www.EasternColumbiaLoft.com

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Broker CalDRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.