400 S Broadway 828, Los Angeles, California 90013, Los Angeles, 90013 - 1 bed, 2 bath

400 S Broadway 828, Los Angeles, California 90013 home-pic-0
ACTIVE$850,000
400 S Broadway 828, Los Angeles, California 90013
1Bed
2Baths
1,039Sqft
36,291Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Modern & New Construction: Built in 2019, this residence offers contemporary design, high-end finishes including quartz countertops and stainless-steel appliances, and expansive floor-to-ceiling windows.
Top Cons:
High Monthly HOA Dues: The association fee of $941 per month is substantial and adds significantly to the overall cost of ownership.

Compared to the nearby listings

Price:$850.0K vs avg $627.5K (+$222,500)86%
Size:1,039 sqft vs avg 1,035 sqft50%
Price/sqft:$818 vs avg $56086%

More Insights

Built in 2019 (6 years old).
Condition: This property was built in 2019, making it only 5 years old, which falls squarely within the 'built within 10 years' criteria for an excellent rating. The kitchen features sleek modern cabinetry, quartz countertops, and stainless-steel appliances, all appearing new and high-quality in the images. The bathrooms are equally modern with contemporary vanities, fixtures, and tiling. The unit boasts light hardwood flooring throughout, recessed lighting, and shows no signs of wear, tear, or deferred maintenance, aligning perfectly with a virtually new property meeting current quality standards.
Year Built
2019
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$818
HOA
$941.44
Days on market
-
Sold On
-
MLS number
25599271
Home ConditionExcellent
Features
Good View: City Lights
ViewCity Lights

About this home

Discover sophisticated downtown living at Perla, where this stylish 1-bedroom plus den, 2-bath residence spans 1,039 sq ft on the 8th floor. Expansive floor-to-ceiling windows flood the home with sunlight and showcase impressive cityscape views.The open-concept layout emphasizes comfort and flexibility the den easily converts into a home office or creative space. A modern kitchen offers sleek cabinetry, quartz countertops, and stainless-steel appliances (including a dishwasher, microwave, and disposal). In-unit laundry adds convenience to everyday life. Residents at Perla enjoy an exceptional amenity collection: 24-hour concierge and security, a state-of-the-art fitness center, pool, elevator access, and secure covered parking with one assigned space on Level B. The HOA dues are $941 per month. Set in the Historic Core/Broadway District, the location puts you moments from Grand Central Market, the Bradbury Building, MOCA, Walt Disney Concert Hall, and easy public transit. This residence offers a seamless blend of modern luxury and downtown energy the perfect retreat in the heart of Los Angeles.

Price History

Date
Event
Price
06/21/24
Sold
$780,000
Condition Rating
Excellent

This property was built in 2019, making it only 5 years old, which falls squarely within the 'built within 10 years' criteria for an excellent rating. The kitchen features sleek modern cabinetry, quartz countertops, and stainless-steel appliances, all appearing new and high-quality in the images. The bathrooms are equally modern with contemporary vanities, fixtures, and tiling. The unit boasts light hardwood flooring throughout, recessed lighting, and shows no signs of wear, tear, or deferred maintenance, aligning perfectly with a virtually new property meeting current quality standards.
Pros & Cons

Pros

Modern & New Construction: Built in 2019, this residence offers contemporary design, high-end finishes including quartz countertops and stainless-steel appliances, and expansive floor-to-ceiling windows.
Premium Building Amenities: Residents benefit from an exceptional amenity collection, including 24-hour concierge and security, a state-of-the-art fitness center, pool, and secure covered parking.
Exceptional Downtown Location: Situated in the vibrant Historic Core/Broadway District, the property provides immediate access to cultural landmarks like Grand Central Market, MOCA, and Walt Disney Concert Hall, plus easy public transit.
Desirable City Views & Natural Light: Expansive floor-to-ceiling windows ensure abundant natural light and showcase impressive cityscape views from the 8th floor.
Flexible Floor Plan & In-Unit Conveniences: The 1-bedroom plus den layout offers versatility for a home office or creative space, complemented by the convenience of in-unit laundry.

Cons

High Monthly HOA Dues: The association fee of $941 per month is substantial and adds significantly to the overall cost of ownership.
Urban Environment Noise Potential: Located in a bustling downtown district, the property may experience higher levels of urban noise and activity, which could be a drawback for buyers seeking a quieter environment.
Recent Price Appreciation: The current list price of $850,000 represents a notable increase from its last recorded sale at $780,000 in June 2024, which may impact perceived value or buyer interest.

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