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400 S Broadway 3106, Los Angeles, California 90013, Los Angeles, 90013 - 1 bed, 1 bath

400 S Broadway 3106, Los Angeles, California 90013 home-pic-0
ACTIVE$870,000
400 S Broadway 3106, Los Angeles, California 90013
1Bed
1Bath
652Sqft
36,291Lot
Year Built
2021
Close
-
List price
$870K
Original List price
$870K
Price/Sqft
$1,334
HOA
$700
Days on market
-
Sold On
-
MLS number
AR25035800
Home ConditionExcellent
Features
Excellent View: City Lights
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $870.0K(86th), sqft - 652(14th), beds - 1(50th), baths - 1(50th).

Welcome to this exceptional 1-bedroom condo located on the 31st floor of the Perla on Broadway building in the heart of Downtown Los Angeles. Boasting an unobstructed, sweeping view of the city skyline, this condo offers an unrivaled perspective of DTLA’s vibrant atmosphere. The private balcony is the perfect place to unwind and soak in the panoramic vistas, whether you’re enjoying a morning coffee or an evening sunset. Inside, the condo features an open-concept layout, with a spacious living area flooded with natural light from floor-to-ceiling windows. The modern kitchen is equipped with sleek, high-end appliances and elegant finishes. The bedroom is a peaceful sanctuary, offering a serene escape in the midst of the city’s energy. Perla on Broadway offers exceptional amenities, including a fitness center, rooftop pool, club house and secure parking, ensuring comfort and convenience. Walking distance to the famous Grand Central Market. This is the perfect opportunity to experience luxury living in one of DTLA’s most desirable buildings.

Price History

Date
Event
Price
05/19/21
Sold
$879,000
Condition Rating
Excellent
This property was built in 2021, making it a new construction. The description highlights a modern kitchen with sleek, high-end appliances and elegant finishes, along with floor-to-ceiling windows and an open-concept layout. All components are virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Unobstructed City Views & Private Balcony: Located on the 31st floor, the condo offers sweeping, unobstructed city skyline views and includes a private balcony, enhancing its appeal and providing a premium urban living experience.
Luxury Building Amenities: Perla on Broadway provides exceptional amenities such as a fitness center, rooftop pool, clubhouse, and secure parking, ensuring comfort and convenience for residents.
Prime Downtown LA Location: Situated in the heart of Downtown Los Angeles, the property boasts a vibrant urban setting with walking distance to the famous Grand Central Market.
Modern & High-End Interior Finishes: The condo features an open-concept layout, floor-to-ceiling windows for abundant natural light, a modern kitchen with sleek, high-end appliances, and elegant finishes throughout.
New Construction: Built in 2021, this property offers modern design, infrastructure, and is likely to require minimal immediate maintenance or upgrades.

Cons

High Monthly Association Fees: The $700 monthly association fee is substantial and adds significantly to the ongoing cost of ownership, which could be a deterrent for some buyers.
Compact Square Footage: With 652 sqft, the unit offers a relatively compact living space, which may not appeal to buyers seeking more expansive accommodations, especially at this price point.
Single Bedroom Configuration: As a 1-bedroom unit, it caters to a niche market of singles or couples, potentially limiting its appeal and resale pool compared to properties with more bedrooms.

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