10-Story, 60-Unit Beaux-Arts Landmark For Sale in the Heart of Downtown LA’s Historic Core
The Judson has been thoughtfully modernized to meet the demands of today’s Downtown Los Angeles renter while preserving the timeless character of its early 20th-century origins.
Originally constructed in 1906 and reimagined in 2006 through an $11 million gut renovation adaptive reuse and restoration led by David Lawrence Gray Architects, the property underwent a complete transformation from an obsolete office building into a collection of sleek, contemporary loft-style residences. The renovation included full replacement of all electrical, mechanical, and plumbing systems, upgraded seismic retrofitting, and the addition of air conditioning, new decks, and a rooftop spa and garden offering panoramic city views.
60
total units
$14,750,000
sale price
74,624
gross sf
1906/2006
year built/renovated
investment highlights
Comprehensive $11 Million Adaptive Reuse & Gut Renovation
The renovation included full replacement of all electrical, mechanical, and plumbing systems, upgraded seismic retrofitting, and the addition of air conditioning, new decks, and a rooftop spa and garden offering panoramic city views.
Mills Act Property Tax Advantage
The property benefits from enrollment in the Mills Act Historical Property Program, which substantially reduces annual property taxes based on its historic designation. This designation and its resulting tax savings transfer to future ownership, offering a meaningful and lasting expense advantage.
Access to Ample Parking
The property includes rights to 60 parking spaces in a nearby 24-hour controlled parking structure located just one block away at 333 S. Spring Street, secured under an assignable covenant with a 50-year term plus two 20-year extensions.
Not Subject to Rent Control (LARSO)
The Judson is not subject to the Los Angeles Rent Stabilization Ordinance (LARSO), allowing ownership the flexibility to implement annual rent increases of up to 5% plus CPI. This exemption enhances income growth potential and allows ownership to more quickly mark-to-market any units currently below market rent.
Interior features
- Loft-Style Units with Vaulted Ceilings
- Luxury Condo Spec Finishes
- Polished Concrete Floors
- Designer Plumbing and Light Fixtures
- Caesarstone Countertops
- Italian Cabinetry
- Massive Double-Hung Windows
- Central Air & Heat
- Dishwashers
- Washer/Dryer Hookups
- Expansive Views of DTLA Skyline
common amenities
Controlled Building Access
Two Restored Elevators
Resort Inspired Rooftop Sundeck with Spa
Central Skylight Stairway
Private Storage Units
Fitness Center and Recreation Room
Covered/Gated Parking Garage
Downtown Los Angeles’ Historic Core & The Broadway Theatre District
The Judson is located in the heart of Downtown Los Angeles’ Historic Core, one of the city’s most established and irreplaceable urban districts.
Anchored by Broadway, Spring Street, and Main Street, the Historic Core represents the birthplace of Los Angeles’ commercial and cultural economy, characterized by early 20th-century architecture, walkable density, and a concentration of landmark buildings that cannot be replicated today.
Within the Historic Core lies the Broadway Theatre District, the largest historic theater district in the United States. Home to more than a dozen restored theaters, Broadway historically served as Los Angeles’ original entertainment corridor—hosting film premieres, live performances, and retail activity that helped establish the city as a global entertainment capital.
Over the past two decades, the Historic Core has undergone sustained revitalization driven by adaptive reuse, transit investment, and preservation initiatives. Today, the district blends historic character with modern residential demand, attracting renters seeking authenticity, walkability, and proximity to employment, transit, dining, and cultural amenities.
Originally constructed in 1906, The Judson is a contributing historic asset within this broader district context. Its Beaux-Arts architecture and early connection to Broadway’s theater and retail history reflect the district’s origins, while its adaptive-reuse conversion positions the property within the Historic Core’s ongoing residential renaissance.
desirable location near local hotspots
Immediate access to Grand Central Market, The Last Bookstore, and Maccheroni Republic, along with a growing collection of boutique hotels, cafés, and cultural venues that continue to redefine Downtown living.
3 min
walk
3 min
walk
3 min
walk
Owner Profile
Industrial Real Estate Focused on Location, Functionality, and Flexibility.
306
Buildings
19M
Square Feet
47
Improved Land Parcels
688
Customers
