400 S Broadway 913, Los Angeles, California 90013, Los Angeles, 90013 - 1 bed, 1 bath
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400 S Broadway 913
Los Angeles, California 90013
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
919Sq Ft
36,291Lot Size
Property Price
LIST PRICE$650,000
EST. MARKET VALUE
$677,552
4% BelowMARKET VALUE
SUMMARY
This Modern Downtown Condominium represents a Strong Value Opportunity, listed at $650,000—positioned well below the $677,552 Fair Market Value by 4%. This valuation gap provides $27,552 in Instant Equity for the buyer. With an Excellent Condition Rating and 919 square feet of living space, the unit features floor-to-ceiling windows and City Lights Views. While the association fee is notable, the property’s modern 2019 construction ensures long-term durability. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey urban residence.
Estimated Market Value
$677,552+$27,552 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 400 S Broadway 913 Subject | $650,000* List Price | 1 | 1 | 919 | $737 | - |
A 400 S Broadway 1314 Active | $500,000 List Price | 1 | 1 | 903 | $554 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2019, this property is only 7 years old, placing it well within the 'Excellent' category. The interior features modern wide-plank flooring and floor-to-ceiling windows in mint condition, requiring no maintenance or updates.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Construction
Built in 2019, this contemporary residence offers the benefits of newer construction, including modern architectural standards, energy efficiency, and updated interior finishes.
- Generous Living Space
At 919 square feet, this one-bedroom unit provides a significantly larger footprint than typical downtown condominiums, offering a more comfortable and versatile layout for urban living.
- Attractive Value Proposition
The property is currently listed at $650,000, which is $50,000 below its 2022 sale price of $700,000, representing a potential equity opportunity for buyers in the Historic Core.
CONSRISKS & DEFICIENCIES
- High Carrying Costs
The monthly association fee of $800 is relatively high for a one-bedroom unit, which may impact buyer affordability and overall monthly housing expenses.
- Market Depreciation
The property has experienced a notable decline in market value since its last sale in 2022, reflecting potential volatility or cooling demand in the Downtown Los Angeles condo market.
About 400 S Broadway 913
Exceptional opportunity in Los Angeles. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2019
- Lot Size
- 36,291 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $800.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 919 | 1,219.385 |
| Lot Size | 36,291 | 27,236.074 |
| Price | $650.0K | $800.2K |
| Price per sq ft | $707 | $650 |
| Built year | 2019 | 1979 |
| HOA | $800.0 | $685 |
| Days on market | 27 | 72 |
Pricing History
Listed for Sale
Aug 13, 2026
$650,000
Initial Listing
Sold
Feb 2, 2022
$700,000
Public Record