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400 S Broadway 2411, Los Angeles, California 90013, Los Angeles, 90013 - 1 bed, 1 bath

400 S Broadway 2411, Los Angeles, California 90013 home-pic-0
ACTIVE$820,000
400 S Broadway 2411, Los Angeles, California 90013
1Bed
1Bath
711Sqft
Lot
Year Built
2020
Close
-
List price
$820K
Original List price
$867K
Price/Sqft
$1,153
HOA
$660.77
Days on market
-
Sold On
-
MLS number
TR24192995
Home ConditionExcellent
Features
Excellent View: City Lights, Neighborhood
Deck
ViewCity Lights,Neighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $820.0K(77th), sqft - 711(27th), beds - 1(50th), baths - 1(50th).

Welcome to this beautiful 1 bedroom and 1 bathroom condo located on Broadway and 4th Street at the luxurious Perla with panoramic views of Downtown Los Angeles. The abundance of natural light fills the entire home through high picture windows, beautiful white oak floors, modern kitchen with new appliances, well-designed kitchen cabinets, closets with plenty of storage, and washer and dryer in unit. Step out onto your private glass balcony on the 24th floor and enjoy the Los Angeles skyline and panoramic view of the city. There is 24-hour guard and front desk service. Residents have controlling access to the building. The building includes access to numerous onsite amenities, such as a library lounge, meeting room, private resident theater, private dining room, wine tastings room, gym, gaming lounge with large TV, ping pang table, foosball table, 11 floor pool terrace with pool, spa and chaise seating, entertaining kitchen, BBQ grills, fireside lounge area. Great location near restaurants, shopping, Metrolink stations.

Price History

Date
Event
Price
03/30/21
Sold
$835,000
Condition Rating
Excellent
This property was built in 2020, making it only 4 years old. The listing explicitly states 'modern kitchen with new appliances' and 'beautiful white oak floors'. The images confirm a contemporary design with high-quality finishes throughout, including a sleek kitchen with stainless steel appliances and a modern bathroom with stylish tiling and fixtures. All components appear new or virtually new, with no signs of wear or deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons

Pros

Modern & Turnkey Condition: Built in 2020, the unit boasts contemporary finishes, new appliances, white oak floors, and in-unit laundry, offering a move-in ready luxury experience.
Exceptional Building Amenities: The Perla offers an extensive suite of luxury amenities including a pool, spa, gym, private theater, dining rooms, and various lounges, providing a resort-like living experience.
Panoramic City Views: Situated on the 24th floor with a private glass balcony, the condo delivers stunning panoramic views of Downtown Los Angeles and city lights, a highly desirable feature.
Prime Downtown Location: Strategically located near restaurants, shopping, and Metrolink stations, offering excellent walkability and convenient access to urban conveniences and transportation.
Enhanced Security & Services: The building provides 24-hour guard, front desk service, and controlled access, ensuring a secure and well-serviced living environment.

Cons

Substantial Association Fees: The monthly association fee of $660.77 is relatively high for a 1-bedroom unit, which could be a significant ongoing cost for potential buyers.
Compact Living Space: At 711 sqft, the 1-bedroom unit offers limited living space, which may not appeal to buyers seeking more expansive accommodations.
Recent Price Reduction: The current list price of $820,000 is a reduction from the original list price of $867,000, potentially indicating a market adjustment or initial overpricing.

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