400 S Broadway 1607, Los Angeles, California 90013, Los Angeles, 90013 - 1 bed, 1 bath
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400 S Broadway 1607
Los Angeles, California 90013
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
791Sq Ft
36,291Lot Size
Property Price
LIST PRICE$738,000
EST. MARKET VALUE
$689,882
6% AboveMARKET VALUE
SUMMARY
This Modern High-Rise Condominium is a Strong Value Opportunity, listed at $738,000—positioned well above the $689,883 Fair Market Value by 6%. While priced at a premium, the property features a Mint Condition Rating and a 2019 build date, ensuring a turnkey experience with modern cabinetry and high-end appliances. Residents enjoy a panoramic downtown skyline view and rare storage capacity, including a walk-in closet. This sophisticated urban retreat is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium, low-maintenance lifestyle in the heart of DTLA.
Estimated Market Value
$689,882
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 1607 Subject | $738,000* List Price | 1 | 1 | 791 | $872 | - |
A 400 S Broadway 1014 Active | $597,000 List Price | 1 | 1 | 845 | $707 | 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 less than 10 years old and in mint condition. The kitchen features modern cabinetry and high-end stainless steel appliances, while the flooring and systems are contemporary and require no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Construction
Built in 2019, this high-rise residence offers contemporary design, energy-efficient systems, and a turnkey living experience that surpasses older historic conversions in the area.
- Prime Urban Location
Located in the heart of the Historic Core, the property provides exceptional walkability to Grand Central Market, the Financial District, and diverse dining and entertainment options.
- Superior Storage and Parking
The unit features rare storage capacity for a one-bedroom, including a walk-in closet, and includes a valuable assigned parking space in the purchase price.
CONSRISKS & DEFICIENCIES
- High Carrying Costs
The monthly association fee of $782.32 is significant for a one-bedroom unit, which may impact buyer affordability and overall investment yield.
- Lack of Scenic View
Despite being situated on the 16th floor, the property is listed with no specific view, which may be a drawback for buyers expecting iconic skyline vistas from a high-rise.
About 400 S Broadway 1607
Experience elevated Downtown Los Angeles living from this rare 16th-floor residence! Located at 400 S Broadway #1607, this bright and sophisticated home features 1 bedroom, 1 bath, and approximately 791 square feet of thoughtfully designed living space in a modern high-rise built in 2019. The bedroom offers exceptional storage with two closets, including a walk-in closet, while one assigned parking space is included with the purchase price. The contemporary layout creates a stylish and comfortable urban retreat, ideal as a primary residence, pied-à-terre, or investment property. Ideally situated in the heart of Downtown Los Angeles, this exceptional location puts you moments from Grand Central Market, the Historic Core, Financial District, Little Tokyo, Arts District, acclaimed dining, entertainment, shopping, and Metro transit. Modern living, convenient parking, and the energy of DTLA right outside your door make #1607 an exceptional opportunity to enjoy the best of Downtown Los Angeles.
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
- $782.32 / 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 | 791 | 1,219.385 |
| Lot Size | 36,291 | 27,236.074 |
| Price | $738.0K | $800.2K |
| Price per sq ft | $933 | $650 |
| Built year | 2019 | 1979 |
| HOA | $782.32 | $685 |
| Days on market | 8 | 72 |
Pricing History
Listed for Sale
Sep 1, 2026
$738,000
Initial Listing