
Los Angeles, California 90013
This Turnkey Studio Condominium is a Strong Value Opportunity, listed at $499,000—positioned well below the $503,181 Fair Market Value by 0.83%. This valuation gap offers $4,181 in Instant Equity for the buyer. Featuring an Excellent Condition Rating (2019 build), the unit includes high-end stainless steel appliances and modern finishes. Residents enjoy five-star amenities like a 24-hour doorman, fitness center, and rooftop terrace. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a sophisticated, low-maintenance urban lifestyle in DTLA.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 400 S Broadway 1513 Subject | $499,000* List Price | 0 | 1 | 492 | $1,023 | - |
A 400 S Broadway 924 Active | $490,000 List Price | 1 | 1 | 470 | $1,043 | 0.0 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 in mint condition. It features modern high-end finishes, Bosch appliances, and luxury building systems with no maintenance required.
The Perla building offers five-star amenities including a 24-hour doorman, fitness center, rooftop terrace, and social lounges, providing a high-end lifestyle experience in DTLA.
Built in 2019, the unit features contemporary aesthetics, premium stainless steel appliances, and a luxurious soaking tub, ensuring a move-in-ready home with no immediate renovation needs.
Situated in the heart of Downtown Los Angeles, the property boasts excellent walkability to world-class dining, entertainment, and major employment hubs.
With only 492 square feet of living area, the studio layout is quite compact, which may limit its appeal to buyers requiring more storage or distinct living zones.
The $503 monthly association fee is relatively high for a studio of this size, significantly increasing the total monthly cost of ownership for potential residents or investors.
Welcome to Perla, located at 400 S Broadway - a sleek and sophisticated high-rise building in the heart of downtown Los Angeles. Enjoy the luxurious apartments that offer modern finishes, and top-of-the-line amenities. This studio apartment on the 15th floor. The open living space with large windows offers ample natural light. The fully equipped kitchen has high-end stainless steel appliances, including a refrigerator, dishwasher, microwave, and range oven. The studio features a spacious bathroom with a luxurious soaking tub. Perla offers a host of amenities that rival those of the finest five-star hotels. Building amenities include 24-hour doorman security, a fitness center, rooftop terrace, and lounge area. Host a meeting or event in our on-site conference room, or unwind with friends in our game room or barbecue area. Perla is perfect for those seeking a luxurious city living experience with modern and high-quality finishes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 492 | 1,243 |
| Lot Size | 36,291 | 24,016 |
| Price | $499.0K | $805.6K |
| Price per sq ft | $1.0K | $659 |
| Built year | 2019 | 1981 |
| HOA | $503.0 | $684 |
| Days on market | 27 | 71 |
Jun 25, 2026
$499,000
Initial Listing
Jun 22, 2021
$493,000
Public Record