
Los Angeles, California 90015
This Modern Loft-Style Condo represents a Strong Value Opportunity, listed at $499,000—positioned well below the $480,592 Fair Market Value by -3%. Featuring a Good Condition Rating, this unit includes Granite Countertops, Hardwood Floors, and a private balcony with Panoramic City Views. Located in the heart of DTLA, residents enjoy luxury amenities like a Resort-Style Pool and 24-Hour Concierge. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-amenity urban lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1100 S Hope Street 814 Subject 1 bd · 1 ba · 947 sqft · $507 | $499,000* List Price | 1 | 1 | 947 | $507 | - |
A 901 S Flower Street 714 Sold 1 bd · 1 ba · 910 sqft · $582 · 0.3 mi | $530,000 | 1 | 1 | 910 | $582 | 0.3 mi |
B 1111 S Grand Avenue 716 Sold 1 bd · 2 ba · 1,200 sqft · $404 · 0.0 mi | $485,000 | 1 | 2 | 1,200 | $404 | 0.0 mi |
C 1111 S Grand Avenue 605 Sold 1 bd · 1 ba · 1,100 sqft · $426 · 0.0 mi | $469,000 | 1 | 1 | 1,100 | $426 | 0.0 mi |
D 645 W 9th Street 715 Sold 2 bd · 2 ba · 960 sqft · $613 · 0.3 mi | $588,000 | 2 | 2 | 960 | $613 | 0.3 mi |
E 1155 S Grand Avenue 1103 Sold 1 bd · 2 ba · 1,120 sqft · $513 · 0.1 mi | $575,000 | 1 | 2 | 1,120 | $513 | 0.1 mi |
F 645 W 9th Street 406 Sold 1 bd · 1 ba · 754 sqft · $511 · 0.3 mi | $385,000 | 1 | 1 | 754 | $511 | 0.3 mi |
G 1100 S Hope Street 914 Sold 1 bd · 1 ba · 947 sqft · $523 | $495,000 | 1 | 1 | 947 | $523 | - |
H 1100 S Grand Avenue 109 Sold 2 bd · 2 ba · 1,150 sqft · $378 · 0.1 mi | $435,000 | 2 | 2 | 1,150 | $378 | 0.1 mi |
I 1111 S Grand Avenue 706 Active 1 bd · 1 ba · 1,100 sqft · $500 · 0.0 mi | $550,000 List Price | 1 | 1 | 1,100 | $500 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, this 19-year-old property falls within the 10-20 year range for 'Good' condition. The unit is well-maintained and move-in ready, featuring functional stainless steel appliances, granite countertops, and hardwood flooring. The modern loft-style systems, including exposed HVAC ductwork, appear in good working order.
Priced at $499,000, this is the lowest-priced unit currently available in the prestigious LUMA building, offering a high-equity entry point into the luxury DTLA market.
Situated in the heart of South Park, the property boasts a premier walk score with immediate proximity to LA Live, Crypto.com Arena, Whole Foods, and top-tier dining.
Residents enjoy a comprehensive amenity package including 24-hour concierge and security, a modern fitness center, a resort-style pool, and secure dedicated parking.
The monthly HOA fee of $932.93 is relatively high for a one-bedroom unit, which significantly increases the total monthly overhead for owners.
The assigned public middle and high schools are rated 3/10, which may limit the property's appeal to families and impact long-term resale potential to certain buyer segments.
THE BEST-PRICED UNIT IN ALL OF LUMA!!! WILL NOT LAST!!! Welcome to this beautiful one bed, one bath home with a balcony at LUMA in Downtown Los Angeles. This modern loft-style condo has large floor-to-ceiling windows that bring in lots of natural light and amazing views. From the private balcony, you can see the DTLA skyline, LA Live, the Ritz-Carlton, and so much more. The open floor plan makes the home feel bright and spacious. It features hardwood floors, granite countertops, stainless steel appliances, an in-unit washer and dryer, and one secure parking spot. The layout is perfect for relaxing at home or spending time with family and friends. LUMA is a luxury high-rise building with many great amenities, including 24-hour security and concierge service, a fitness center, a pool, spa, BBQ area, and a large outdoor terrace. Walking distance to LA Live, Crypto.com Arena, Whole Foods, and many great restaurants. As DTLA continues to grow and prepare for the 2028 Olympics, this home offers a great opportunity to live or invest in one of the city's most exciting neighborhoods. LIVE, PLAY, WORK IN DTLA!
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 947 | 1,252.996 |
| Lot Size | 41,217 | 26,029.603 |
| Price | $499.0K | $778.5K |
| Price per sq ft | $527 | $629 |
| Built year | 2007 | 1981 |
| HOA | $932.93 | $676 |
| Days on market | 25 | 74 |
Oct 15, 2026
$499,000
Initial Listing
Jun 8, 2007
$519,500
Public Record