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400 S Broadway 1202, Los Angeles, California 90013, Los Angeles, 90013 - 1 bed, 1 bath

400 S Broadway 1202, Los Angeles, California 90013 home-pic-0
ACTIVE$430,000
400 S Broadway 1202, Los Angeles, California 90013
1Bed
1Bath
411Sqft
Lot
Year Built
2021
Close
-
List price
$430K
Original List price
$445K
Price/Sqft
$1,046
HOA
$461
Days on market
-
Sold On
-
MLS number
PW25137762
Home ConditionExcellent
Features
Good View: City Lights
Deck
Pool
Spa
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $430.0K(41th), sqft - 411(5th), beds - 1(50th), baths - 1(50th).

Luxury Studio unit in PERLA on Broadway with city light views. 1 Assigned parking space in the building parking structure. Wood flooring throughout except the bathroom. Modern kitchen with quartz countertop and full-height porcelain backsplash. Spacious bathroom with tile finishes, wood cabinetry, and illuminating mirror. Laundry closet with stackable washer & dryer. Rent covers HOA, water, trash, gas, and over 44,000 square feet of inviting indoor and outdoor amenities. Hotel-inspired lobby with 24-hour attended reception. Fully-equipped fitness center. Yoga studio with the Yoga instructor. Theater and business center. Open club lounge with kitchen facility, wine tasting room, billiards, and ping pong. Pet spa and dog park. Sparkling heated pool and spa. High-speed wifi throughout amenity areas & MORE. Grand Central Market and Metrolink station are nearby.

Price History

Date
Event
Price
10/02/25
Price Change
$430,000
06/19/25
Listing
$445,000
02/22/21
Sold
$505,000
Condition Rating
Excellent
This property was built in 2021, making it virtually new. The description highlights a 'Luxury Studio unit' with a 'Modern kitchen with quartz countertop and full-height porcelain backsplash' and a 'Spacious bathroom with tile finishes, wood cabinetry, and illuminating mirror.' The images confirm these features, showing sleek, contemporary designs, new stainless steel appliances (including Bosch washer/dryer), and pristine wood flooring. There is no deferred maintenance, and all components meet current quality standards, aligning perfectly with the 'excellent' condition criteria.
Pros & Cons

Pros

Modern & New Construction: Built in 2021, this unit features contemporary design elements including wood flooring, quartz countertops, and modern bathroom finishes, ensuring low immediate maintenance and a fresh aesthetic.
Extensive Luxury Amenities: Residents have access to over 44,000 sq ft of high-end amenities such as a fully-equipped fitness center, yoga studio, theater, business center, club lounge, pet spa, dog park, and a heated pool/spa, offering a comprehensive resort-like living experience.
Prime Downtown Location: Situated in the heart of Downtown Los Angeles at PERLA on Broadway, with immediate proximity to Grand Central Market and Metrolink station, providing excellent walkability and convenient access to urban attractions and public transportation.
Inclusive HOA & Utilities: The HOA fee covers essential utilities such as water, trash, and gas, along with high-speed Wi-Fi in amenity areas, simplifying monthly budgeting and reducing additional living expenses for the resident.
City Views & Dedicated Parking: The unit offers desirable city light views and includes a valuable assigned parking space within the building's structure, a significant advantage in a dense urban environment where parking is often scarce and costly.

Cons

Compact Studio Layout: At 411 sqft, this is a studio unit, which offers limited living space and may not appeal to buyers seeking more room, families, or those planning long-term residency, potentially narrowing the buyer pool.
High Monthly HOA Dues: The $461 monthly association fee, while inclusive of some utilities and amenities, is substantial for a studio unit and can impact overall affordability and long-term investment returns.
Recent Price Reduction: The property has seen a price reduction from its original list price of $445,000 to $430,000, which could suggest a slower market response or a need to adjust to buyer expectations.

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