
Los Angeles, California 90013
This Modern Luxury Condominium represents a High-Potential Investment Opportunity, listed at a List Price of $480,000—positioned well below the $480,000 Fair Market Value (reflecting a stable, competitive entry point). Featuring a Mint Condition Rating and a spacious 919 sq ft layout, this 2019-built residence offers premium amenities including a pool terrace, wine tasting room, and secured parking. Its prime DTLA location provides significant lifestyle appeal. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a sophisticated urban lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 400 S Broadway 814 Subject 1 bd · 1 ba · 919 sqft · $522 | $480,000* List Price | 1 | 1 | 919 | $522 | - |
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 1013 Sold 2 bd · 2 ba · 860 sqft · $512 · 0.1 mi | $440,206 | 2 | 2 | 860 | $512 | 0.1 mi |
C 420 S San Pedro 211 Active 1 bd · 1 ba · 1,110 sqft · $450 · 0.5 mi | $499,000 List Price | 1 | 1 | 1,110 | $450 | 0.5 mi |
* 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 remains in mint condition. The kitchen features modern cabinetry, stone countertops, and stainless steel appliances, while the hardwood floors and HVAC systems are contemporary and require no maintenance.
With a significant price reduction from the original $700,000 to $480,000, this 2019-built residence offers a highly competitive entry point for a modern luxury condominium in Downtown Los Angeles.
The Perla building provides a comprehensive suite of high-end facilities, including a pool terrace, fitness center, private theater, and wine tasting room, catering to a sophisticated urban lifestyle.
At 919 square feet, this one-bedroom unit is notably larger than average urban condos, featuring contemporary 2019 construction and a secured, assigned parking space.
The monthly association fee of $875 is relatively high for a one-bedroom unit, which may deter budget-conscious buyers or impact financing qualification.
Despite substantial price improvements, the property has remained on the market for 95 days, which may lead to concerns regarding resale liquidity or local market competition.
Great Deal in town, Price improvement, Location, Location, Location, DTLA, closed to dynamic little Tokyo, Korean Town, and all the best amenities LA and closed to China Town and San Gabriel Valley has to offer. Step into the realm of luxury living at Perla, where you will find this exquisite 1 bedroom, 1 full and spacious bathroom with 919 sq ft living space residence awaiting your arrival. One personal assigned secured parking spot. Situated in the heart of Los Angeles, it boasts a premier Broadway address, enhanced by an extensive array of luxurious amenities tailored to meet the demands of contemporary urban living. The building offers a wide range of onsite amenities, including a library lounge, meeting room, private resident theater, exclusive dining room, wine tasting room, fully equipped gymnasium, gaming lounge with a large TV screen, ping pong and foosball tables. Additionally, it features an 11th-floor pool terrace with a swimming pool and spa area surrounded by comfortable chaise seating. Other facilities include an entertaining kitchen with BBQ grills and a cozy fireside lounge area. Its prime location near restaurants, shopping centers and Metrolink stations adds to its appeal. Must see to appreciate, Make it your dream home soon!!!
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 | 919 | 1,252.996 |
| Lot Size | 36,291 | 26,029.603 |
| Price | $480.0K | $778.5K |
| Price per sq ft | $522 | $629 |
| Built year | 2019 | 1981 |
| HOA | $875.0 | $676 |
| Days on market | 118 | 74 |
Oct 17, 2026
$480,000
$650,000
-26% Price Drop
Initial Listing
Aug 30, 2026
$650,000
$700,000
-7% Price Drop
Initial Listing
Jul 14, 2026
$700,000
Initial Listing
Mar 8, 2021
$699,000
Public Record