1. 1. Estimate
  2. 2. Details
  3. 3. Sign

400 S Broadway #2203

Los Angeles, CA 90013 · 997 sq ft · built 2019

Good news: this unit is assessed below what we think it would sell for. Prop 13 is already keeping your tax down, so filing is unlikely to help this year.

Filing anyway would spend the county's $46 fee for nothing, and the Appeals Board can also raise a value.

Assessed $482,517 as of January 1, 2026

Reading this building's outline…

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How we got this number

What this estimate rests on:

  • A same-layout unit on another floor of this building, used as a ceiling and adjusted for the floor difference. A ceiling is “at most this much”, not “this much”.

How much weight we put on it: Low — one input only, or a ceiling only, or our inputs disagree with each other. Read the notes below before you decide anything.

Our market estimate for this unit comes in >50% above its assessed value.

Our own leave-one-out error is 5.98% at the median, 12.28% at the 75th percentile and 19.36% at the 90th. That error sits on top of every figure on this page, and on a large share of units it is wider than the gap itself.

  • The only input is the same-line ceiling (#2912 fl.29 $1087/sf). That is a ceiling, not an estimate — it says what this unit is worth at most, not what it is worth.
  • Floor adjustment applied: The ceiling comes from floor 29; this unit is on floor 22, a 7-floor gap. Basis: the piecewise curve (1–7 measured at 2.1%/floor, 8–22 interpolated at 1.2%, above 22 measured at about 0). Ceiling reduced by 2%.

These notes are generated for this specific unit from County records and our own valuation inputs. If anything here does not match the unit, email [email protected].

Before you decide
  • Everything above is an estimate. It is not an appraisal and not a promise about the outcome.
  • The Assessment Appeals Board has the authority to raise the value, though never above the Proposition 13 protected value.
  • A comparable sale must have been recorded no later than March 31, 2026. That is a hard rule on Form RP-87.
  • Asking the Assessor for a review is free. You can do it yourself and you don't need us.

Parcel number 5149004141 · See other units in this building