400 S Broadway 1107, Los Angeles, California 90013, Los Angeles, 90013 - 1 bed, 1 bath

400 S Broadway 1107, Los Angeles, California 90013 home-pic-0
ACTIVE$708,000
400 S Broadway 1107, Los Angeles, California 90013
1Bed
1Bath
695Sqft
36,291Lot
Year Built
2021
Close
-
List price
$708K
Original List price
$708K
Price/Sqft
$1,019
HOA
$705.68
Days on market
-
Sold On
-
MLS number
24383027
Home ConditionExcellent
Features
Excellent View: City Lights, Mountain(s)
ViewCity Lights,Mountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $708.0K(64th), sqft - 695(18th), beds - 1(50th), baths - 1(50th).

Welcome to this stunning 1 bedroom home at Perla, with its own storage unit and EV charging space. This residence offers its owners a prime Broadway address and a collection of lavish lifestyle amenities tailored to modern Los Angeles living. The apartment is an exemplar of contemporary urban design, with warm organic tones providing a fresh palette for any style. Floor-to-ceiling windows frame incredible views of San Gabriel, Hollywood Hills, or the Downtown LA skyline. Natural light spills onto European white oak floors, and a Bosch washer/dryer, fiber optic pre-wiring, and energy-efficient LED lighting are thoughtful finishing touches. Past a tasteful entry gallery adorned with a convenient coat closet, the home flows into a spacious living, sleeping, and kitchen area saturated with natural light. The kitchen is equipped with polished quartz countertops, a porcelain tile backsplash, and a suite of high-end fully integrated stainless steel appliances from Bertazzoni. The bathroom features designer-selected tile, contemporary wood cabinetry, and illuminated mirrored medicine cabinet, polished chrome fixtures from Kohler, and a deep soaking tub. Nestled in the heart of the Historic Core, Perla rises 35 stories and blends urban chic with Art Deco charm. Perla's incredible amenities offering spans 44,000 sq. ft. and unfurls around an airy four-story atrium graced with multiple seating areas and suffused with natural light. Residents can relax or entertain in a gaming lounge, wine tasting room, private theater, library lounge, or Clubroom with a full kitchen and adjacent dining space. Work-from-home options are plentiful with several meeting areas and workspaces. A trio of landscaped terraces offer communal grilling stations, fireplace lounge seating, an outdoor pool, and chaise seating. Fitness enthusiasts will enjoy a fully equipped gym, a yoga studio, and a rooftop yoga and stretching deck. Pet owners are sure to make use of the pet spa and dog park. The building is surrounded by city landmarks, cultural institutions, and dozens of trendy dining and shopping options. Grand Central Market and the acclaimed Bradbury Building are just down the street, while The Museum of Contemporary Art, Regent Theater, Walt Disney Concert Hall, Pershing Square, and Grand Park are all close by. An accessible LA Metro line makes getting around the rest of the city quick and convenient.

Price History

Date
Event
Price
10/17/22
Sold
$598,000
Condition Rating
Excellent

This property was built in 2021, making it virtually brand new. The description and images confirm a contemporary urban design with high-end finishes throughout, including European white oak floors, polished quartz countertops, Bertazzoni stainless steel appliances in the kitchen, and designer-selected tile with Kohler fixtures in the bathroom. All components are new, meet current quality standards, and show no signs of wear or deferred maintenance, aligning perfectly with the 'Excellent' criteria.
Pros & Cons

Pros

Exceptional Amenities: Perla offers an unparalleled 44,000 sq. ft. of lavish amenities, including a gaming lounge, wine tasting room, private theater, multiple terraces with grilling stations and a pool, a fully equipped gym, yoga studios, pet spa, and dog park, catering to a luxurious urban lifestyle.
Prime Downtown Location: Nestled in the heart of the Historic Core, the property boasts a prime Broadway address, surrounded by iconic city landmarks, cultural institutions, trendy dining, shopping, and excellent accessibility via the LA Metro line.
Modern Design & High-End Finishes: Built in 2021, the residence features contemporary urban design with warm organic tones, European white oak floors, floor-to-ceiling windows, polished quartz countertops, Bertazzoni appliances, and Kohler fixtures, reflecting a high standard of modern living.
Stunning Views: Floor-to-ceiling windows frame incredible views of the San Gabriel Mountains, Hollywood Hills, and the Downtown LA skyline, enhancing the aesthetic appeal and value of the unit.
Convenient Inclusions: The unit comes with its own private storage unit and a dedicated EV charging space, offering significant practical advantages and added value in a dense urban environment.

Cons

High Association Fees: The monthly association fee of $705.68 is substantial for a 1-bedroom unit, significantly increasing the total cost of ownership and potentially impacting affordability.
Compact Living Space: At 695 sqft, the unit offers a relatively compact living area, which may be a limiting factor for buyers seeking more spacious accommodations or those who desire a private outdoor balcony.
Urban Noise Potential: While the central location is a strength, being in the 'heart of the Historic Core' with floor-to-ceiling windows may expose residents to significant urban noise, which could be a drawback for some.

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