400 S Broadway 1701, Los Angeles, California 90013, Los Angeles, 90013 - 1 bed, 1 bath

400 S Broadway 1701, Los Angeles, California 90013 home-pic-0
ACTIVE$739,000
400 S Broadway 1701, Los Angeles, California 90013
1Bed
1Bath
903Sqft
36,291Lot
Year Built
2021
Close
-
List price
$739K
Original List price
$768K
Price/Sqft
$818
HOA
$850
Days on market
-
Sold On
-
MLS number
PW25151598
Home ConditionExcellent
Features
Excellent View: City Lights
Pool
Patio
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $739.0K(64th), sqft - 903(45th), beds - 1(50th), baths - 1(50th).

MOTIVATED SELLER- Introducing this exquisite one bed, one bath condominium at Perla on Broadway, one of DTLA's newest & most fabulous residential communities! Upon entering you'll find an expansive open-concept living, sleeping, and kitchen area drenched in natural light. The well-appointed kitchen boasts polished quartz countertops, stone backsplashes, and top-of-the-line stainless steel appliances. Natural light bathes the space, accentuating the European white oak floors. Thoughtful details include a Bosch washer/dryer, fiber optic pre-wiring, and energy-efficient LED lighting. The bathroom exudes sophistication with designer-selected tile, wood cabinetry, an illuminated mirrored medicine cabinet, polished chrome fixtures from Kohler, and a luxurious soaking tub. Nestled in the heart of the Historic Core, Perla rises 35 stories, harmonizing urban chic with Art Deco elegance. Boasting 44,000 sq. ft. of amenity space, residents can unwind or entertain in the gaming lounge, wine tasting room, private theater, library lounge, or Clubroom complete with a fully equipped kitchen & dining area. For the telecommuter, numerous meeting spots and workspaces throughout the common areas make your life easier. Fitness enthusiasts can take advantage of the well-equipped gym, yoga studio & spin room, or enjoy rooftop yoga! Capping off these phenomenal amenities, three landscaped terraces feature communal grilling stations, cozy fireplace lounge seating, an outdoor pool, and comfortable chaise seating. The building is conveniently situated near iconic city landmarks, cultural venues, and a myriad of trendy dining and shopping choices. Notable attractions like Grand Central Market and the renowned Bradbury Building are just a stone's throw away. The Museum of Contemporary Art, Regent Theater, Walt Disney Concert Hall, Pershing Square, and Grand Park are all within close proximity. With easy access to the LA Metro line, exploring the city is both swift and hassle-free. Make this your home base before the 2026 World Cup & LA28 Olympic Games!

Price History

Date
Event
Price
08/12/25
Price Change
$739,000
07/07/25
Listing
$768,000
04/09/21
Sold
$729,000
Condition Rating
Excellent

This property was built in 2021, making it virtually new. The description highlights 'top-of-the-line stainless steel appliances,' 'polished quartz countertops,' 'stone backsplashes,' 'European white oak floors,' and 'designer-selected tile' in the bathroom, all of which are confirmed by the modern and pristine appearance in the images. All components are new, meet current quality standards, and show no signs of wear or deferred maintenance, perfectly aligning with the 'Excellent' condition criteria.
Pros & Cons

Pros

Prime Location & Accessibility: Situated in the heart of DTLA's Historic Core, offering unparalleled walkability to iconic landmarks, cultural venues, trendy dining, shopping, and direct access to the LA Metro line.
Extensive Luxury Amenities: Perla boasts over 44,000 sq. ft. of amenity space, including a gaming lounge, wine tasting room, private theater, multiple fitness areas, an outdoor pool, and landscaped terraces, providing a resort-like living experience.
Modern Construction & High-End Finishes: Built in 2021, the unit features an open-concept layout, abundant natural light, polished quartz countertops, top-of-the-line stainless steel appliances, European white oak floors, and designer bathroom fixtures.
Motivated Seller & Price Reduction: The listing explicitly states 'MOTIVATED SELLER' and shows a recent price reduction from $768,000 to $739,000, indicating a potential opportunity for a favorable purchase.
Future Investment Potential: Positioned as an ideal 'home base' for upcoming major events like the 2026 World Cup and LA28 Olympic Games, suggesting potential for future appreciation or strong rental demand.

Cons

High Association Fees: The monthly association fee of $850 is substantial for a 1-bedroom unit, significantly increasing the overall cost of ownership and potentially impacting affordability.
Limited Living Space: As a 1-bedroom, 1-bathroom condominium, the unit offers limited private living space, which may not be suitable for individuals or couples requiring more room or planning for future family growth.
Urban Environment Challenges: While a strength for some, the dense downtown urban setting can present challenges such as increased noise levels, traffic congestion, and a lack of private outdoor space beyond the building's communal amenities.

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