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400 S Broadway 1001, Los Angeles, California 90013, Los Angeles, 90013 - 1 bed, 1 bath

400 S Broadway 1001, Los Angeles, California 90013 home-pic-0
ACTIVE$825,000
400 S Broadway 1001, Los Angeles, California 90013
1Bed
1Bath
825Sqft
36,291Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Premium New Development: Located in Perla on Broadway, a recently built (2021) and highly regarded DTLA development, ensuring modern standards and appeal.
Top Cons:
High Price Per Square Foot: The $825,000 list price for 825 sqft translates to a high price per square foot, potentially narrowing the market of interested buyers.

Compared to the nearby listings

Price:$825.0K vs avg $627.5K (+$197,500)86%
Size:825 sqft vs avg 969 sqft41%
Price/sqft:$1.0K vs avg $56095%

More Insights

Built in 2021 (4 years old).
Condition: This property was built in 2021, making it only 3 years old and well within the 'built within 10 years' criteria for an excellent rating. The description highlights it as a 'turnkey masterpiece' in the 'newest DTLA development' with 'high-end finishes' and 'top-of-the-line Bertazzoni appliances.' Images confirm a modern, virtually new condition with sleek hardwood floors, contemporary two-tone kitchen cabinetry, and a luxurious bathroom featuring large format tiles and a backlit LED mirror. All components appear new, meeting current quality standards with no visible deferred maintenance.
Year Built
2021
Close
-
List price
$825K
Original List price
$835K
Price/Sqft
$1,000
HOA
$839.1
Days on market
-
Sold On
-
MLS number
25558491
Home ConditionExcellent
Features
Excellent View: City Lights, Mountain(s)
ViewCity Lights,Mountain(s)

About this home

RARE CORNER UNIT! 1 bedroom + den, plus amazing south facing views! This stunning one-bedroom condo in the newest DTLA development, Perla on Broadway, is a turnkey masterpiece, meticulously designed for modern convenience and comfort. The sale will include a designated EV Parking Space. Step inside to discover a spacious, one-bedroom layout complemented by high-end finishes and panoramic city views. The living area is perfect for entertaining, featuring sleek hardwood floors and ample natural light that streams through expansive windows. The kitchen boasts top-of-the-line Bertazzoni appliances. With low HOA dues that cover exclusive amenities such as 24-hour security and concierge services, and water, trash and gas usage. Take advantage of leisurely moments at the rooftop pool, or soak in breathtaking views from the 36th-floor observation deck. With an impressive 49,000 square feet of amenity space throughout the building, including fitness centers and social lounges, every day offers opportunities for relaxation and recreation. This special one bedroom unit is ideal for an owner occupied condo or an investment property!

Price History

Date
Event
Price
03/01/21
Sold
$769,000
Condition Rating
Excellent
This property was built in 2021, making it only 3 years old and well within the 'built within 10 years' criteria for an excellent rating. The description highlights it as a 'turnkey masterpiece' in the 'newest DTLA development' with 'high-end finishes' and 'top-of-the-line Bertazzoni appliances.' Images confirm a modern, virtually new condition with sleek hardwood floors, contemporary two-tone kitchen cabinetry, and a luxurious bathroom featuring large format tiles and a backlit LED mirror. All components appear new, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Premium New Development: Located in Perla on Broadway, a recently built (2021) and highly regarded DTLA development, ensuring modern standards and appeal.
Extensive Luxury Amenities: Boasts 49,000 sqft of amenity space, including a rooftop pool, 36th-floor observation deck, fitness centers, and 24-hour security/concierge services.
Corner Unit with Panoramic Views: A rare corner unit offering abundant natural light and 'amazing south facing views' and 'panoramic city views'.
High-End Interior Finishes & EV Parking: Features top-of-the-line Bertazzoni appliances, sleek hardwood floors, and includes a valuable designated EV parking space.
Cost-Effective HOA: Low HOA dues that comprehensively cover essential utilities (water, trash, gas) and premium building services, providing excellent value.

Cons

High Price Per Square Foot: The $825,000 list price for 825 sqft translates to a high price per square foot, potentially narrowing the market of interested buyers.
Limited Bedroom Count: As a 1-bedroom plus den unit, it offers limited space for growing families or those requiring multiple dedicated bedrooms.
Downtown Urban Environment: While a strength for some, the dense downtown Los Angeles location may present challenges such as urban noise and traffic, which could be a drawback for others.

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