Introduction to The Judson

The Judson is a landmark building in the heart of Downtown LA’s theater district, offering a unique blend of history and modern luxury. This 60-unit historic complex has recently hit the market, providing an exceptional opportunity for investors looking for a fully-renovated rental property. With its notable architectural details and recent reimagination by David Gray Lawrence Architects, The Judson is a standout in the Downtown Los Angeles landscape.

History and Architecture

Initially built in 1911, the structure was formerly known as the Broadway Central Building. In the 1920s, Judson Rives renovated the property and added a cinema on the ground floor. The units still boast several original details, including well-preserved concrete floors, oversized windows, and vaulted ceilings that echo the building’s grandiose history. The historic exterior of The Judson. Photo credit: Taylor Allan Creative.

Restoration and Modernization

The restoration of this historic building cost a total of $11 million. The modern upgrades include Italian cabinetry, oversized soaking tubs, and an array of communal amenities. Each unit is also fully equipped with stainless steel appliances, Caesarstone countertops, and recessed lighting. Certain units showcase exposed brick walls – another callback to the building’s rich story. A modernized interior with classic details. Photo credit: Taylor Allan Creative.

Amenities and Lifestyle

The building features a controlled-access lobby for added security. Residents have access to two elevators and a skylight stairway that fills the space with natural light. Amenities include a recreation room and a fully equipped gym. Private storage is also available for added convenience. The rooftop is complete with a spa, sundeck, and barbecue section, offering a resort-style living experience. The resort-style rooftop deck. Photo credit: Taylor Allan Creative.

Location and Views

Downtown LA is an evolving area with an eclectic mix of inhabitants and businesses. From wholesale shops and industrial warehouses to trendy boutiques and opulent cinemas, the Judson building overlooks it all. The rooftop provides breathtaking views of the DTLA skyline, a reminder of the ever-changing Los Angeles landscape. The view of the DTLA skyline. Photo credit: Taylor Allan Creative. Sweeping views from the unit interiors. Photo credit: Taylor Allan Creative.

Investment Opportunities

Extremely rare in this dense neighborhood, secure long-term parking is available with 60 assigned spaces under a 50-year covenant with two 20-year extension options. Investors should also note that this building is not subject to rent control. Recognized for its architectural significance, the building has been designated as both a Historic-Cultural Monument (HCM) and a listing on the National Register of Historic Places. The marquee of the iconic exterior. Photo credit: Taylor Allan Creative. The dynamic street view of The Judson. Photo credit: Taylor Allan Creative.

Conclusion

The Judson offers a unique opportunity for investors to own a piece of Los Angeles history. With its stunning architecture, modern amenities, and prime location, this landmark building is poised to provide a significant return on investment. Whether you’re looking for a luxury rental property or a chance to own a historic landmark, The Judson is an opportunity not to be missed. Listing: 424 S. Broadway Los Angeles, CA [Compass]

FAQs

• Q: What is the price of The Judson?
  • A: The Judson is priced at $18,000,000.
• Q: How many units are in The Judson?
  • A: The Judson is a 60-unit historic complex.
• Q: Is parking available?
  • A: Yes, secure long-term parking is available with 60 assigned spaces under a 50-year covenant with two 20-year extension options.
• Q: Is the building subject to rent control?
  • A: No, The Judson is not subject to rent control.
• Q: What is the architectural style of The Judson?
  • A: The Judson is an exceptional example of Beaux-Arts design, recognized as a Historic-Cultural Monument (HCM) and listed on the National Register of Historic Places.