
Los Angeles, California 90013
This Modern Condominium at Perla on Broadway represents a High-Potential Investment Opportunity, listed at $549,000—positioned well above the $489,239 Fair Market Value by -12%. While the list price exceeds the current valuation, the property features a Mint Condition Rating with high-end finishes like European white oak floors and Bosch appliances. Residents enjoy 44,000 sq. ft. of luxury amenities, including a rooftop pool and fitness center. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated, turnkey urban lifestyle in the heart of DTLA.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 400 S Broadway 1708 Subject 1 bd · 1 ba · 791 sqft · $619 | $549,000* List Price | 1 | 1 | 791 | $619 | - |
A 400 S Broadway 1314 Sold 1 bd · 1 ba · 903 sqft · $537 · 0.0 mi | $485,000 | 1 | 1 | 903 | $537 | 0.0 mi |
B 460 S Spring Street 916 Sold 1 bd · 1 ba · 690 sqft · $652 · 0.1 mi | $450,000 | 1 | 1 | 690 | $652 | 0.1 mi |
C 460 S Spring Street 1013 Sold 2 bd · 2 ba · 860 sqft · $512 · 0.1 mi | $440,206 | 2 | 2 | 860 | $512 | 0.1 mi |
D 400 S Broadway 1607 Active 1 bd · 1 ba · 791 sqft · $884 | $699,000 List Price | 1 | 1 | 791 | $884 | - |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2019, this property is less than 10 years old and in mint condition. It features a modern kitchen with quartz countertops and Bosch appliances, a designer bathroom with Kohler fixtures and stone tiling, and European white oak flooring throughout. All systems are contemporary and energy-efficient, requiring no maintenance.
The building offers an expansive 44,000 sq. ft. of amenity space, including a rooftop pool, fitness center, private theater, and wine tasting room, providing a luxury resort-style living experience.
Constructed in 2019, the unit features premium contemporary details such as European white oak floors, Bosch appliances, and quartz countertops, ensuring a move-in-ready, sophisticated aesthetic.
Boasting a high walkability score, the property is steps away from iconic DTLA landmarks like Grand Central Market and the Walt Disney Concert Hall, with excellent access to the LA Metro line.
The current list price of $549,000 is substantially lower than the 2021 sale price of $713,000, reflecting a sharp decline in market value that may impact future equity growth.
The $650 monthly association fee is a significant recurring expense for a one-bedroom unit, which may affect the debt-to-income ratio for prospective buyers.
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 LA28 Olympic Games!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 791 | 1,252.996 |
| Lot Size | 36,291 | 26,029.603 |
| Price | $549.0K | $778.5K |
| Price per sq ft | $694 | $629 |
| Built year | 2019 | 1981 |
| HOA | $650.0 | $676 |
| Days on market | 12 | 74 |
Oct 28, 2026
$549,000
Initial Listing
Apr 2, 2021
$713,000
Public Record