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Perla on Broadway announces next condominium release after near sellout of first phase

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With an attractive price point, contemporary interiors, and a trove of unexpected amenities promised to future residents, it’s no surprise that sales at Perla — Broadway’s first new residential high-rise since the turn of the century — have exceeded expectations. Following the Sales Center opening last fall, nearly all of the 120 condominiums included in the first phase of the development have sold out. In response to this success, Perla has announced their next collection of residences will be released on March 1. Starting from the low $500,000s, the collection is set to include a range of stylish studio, one-, and two-bedroom residences along with the premier Sky Homes.

“Due to unprecedented interest in our new residences, we are releasing the next collection ahead of schedule to meet the growing demand,” said the Perla sales team. “We’ve found our buyers represent the future of Downtown Los Angeles, with young couples, first-time homebuyers, and those looking to invest in the future of the area.” Perla is part of a larger movement in the area that has fostered immense revitalization of the historic corridor and Broadway.

Located at the vibrant urban corner of 4th and Broadway, the residential tower is poised to feature 7,000 square feet of ground-level retail, surrounded by a growing roster of walkable dining and shopping hotspots. Recent retail additions on Broadway include a host of leading brands, such as West Elm, Theory, and Jordan Brand, which have taken up residence in converted historic theaters nearby. The famed street is also slated to welcome Apple, Vans, and Paul Smith later this year.

To register and receive more details for the Next Collection Release starting on March 1, visit The Perla Sales Center is located at 359 South Broadway, Los Angeles, CA 90013, and is open Monday through Saturday from 11am to 6pm and Sunday from noon to 5pm.

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