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1100 S Hope Street 1009, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath

1100 S Hope Street 1009, Los Angeles, California 90015 home-pic-0
ACTIVE$699,000
1100 S Hope Street 1009, Los Angeles, California 90015
1Bed
1Bath
1,132Sqft
41,217Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime DTLA Location & Walkability: Situated in a safe, clean, and highly walkable downtown LA neighborhood, just two blocks from Crypto.com Arena, with immediate access to major entertainment venues, dining, and retail (LA Live, Ritz-Carlton, Ralph's, Whole Foods).
Top Cons:
High Association Fees: The monthly association fee of $830 is substantial and can significantly impact the overall cost of ownership, potentially deterring some buyers.

Compared to the nearby listings

Price:$699.0K vs avg $567.0K (+$132,000)65%
Size:1,132 sqft vs avg 1,035 sqft60%
Price/sqft:$617 vs avg $60752%

More Insights

Built in 2007 (18 years old).
Condition: Built in 2007, this property is 17 years old and presents as move-in ready with a modern, well-maintained aesthetic. The kitchen features sleek, dark cabinetry, stainless steel appliances, and contemporary countertops and backsplash. The bathroom mirrors this modern style with matching vanity and fixtures. Hardwood flooring is prevalent throughout the living areas and bedroom, and the unit benefits from large windows and a loft-style design. While not newly built or extensively renovated within the last 5 years, its condition, modern features, and lack of visible wear and tear align perfectly with the 'Good' rating criteria.
Year Built
2007
Close
-
List price
$699K
Original List price
$710K
Price/Sqft
$617
HOA
$830
Days on market
-
Sold On
-
MLS number
25494917
Home ConditionGood
Features
Good View: City Lights, Pool
Pool
Spa
ViewCity Lights,Pool

About this home

PRICE REDUCTION!! Welcome to the largest 1-bedroom unit in the building, a bright and airy retreat featuring tons of natural light and an ultra-functional layout. This quiet unit overlooks the peaceful terrace and is located in the safest, cleanest, and very walkable neighborhood in downtown LA. The open-concept living space is perfect for entertaining, with a wall of windows that flood the home with natural light. The kitchen boasts modern finishes, ample counter space, and sleek cabinetry. The bedroom is a true retreat, with plenty of room for a king-size bed and a good-sized walk-in closet. The seller is including a high-end, large-capacity washer and dryer set in the sale. The included garage space comes with a new EV charger, making charging at home effortless. This home is a perfect blend of luxury, functionality, and convenience. Don't miss this rare opportunity just 2 blocks from Crypto.com Arena! **Schedule your showing today!** FHA/VA approved building, as well as for conventional financing. This is a GREAT time to invest & live in DTLA with BILLIONS of $ going into DTLA development in prep for the 2026 World Cup & 2028 Olympics, incl. newly paved streets & exciting new construction. Luma is a Green building, LEED Certified GOLD (low electricity costs). Bldg. has 24/7 security & concierge, gym, pool, spa, sundeck, and BBQ area on large outdoor terrace. Neighborhood amenities incl. Crypto.com Arena, LA Live, Ritz-Carlton, upcoming Oceanwide Plaza, Regal Movie Theaters, Ralph's, Whole Foods, and moments from all of DTLA's restaurants and hotspots. AGENTS SEE PRIVATE AND SHOWING REMARKS!

Nearby schools

5/10
Ninth Street School
Public,•K-5•1.0mi
3/10
John H. Liechty Middle School
Public,•6-8•1.0mi
3/10
Belmont Senior High School
Public,•9-12•1.4mi

Price History

Date
Event
Price
11/02/17
Sold
$665,000
08/31/07
Sold
$645,000
Condition Rating
Good
Built in 2007, this property is 17 years old and presents as move-in ready with a modern, well-maintained aesthetic. The kitchen features sleek, dark cabinetry, stainless steel appliances, and contemporary countertops and backsplash. The bathroom mirrors this modern style with matching vanity and fixtures. Hardwood flooring is prevalent throughout the living areas and bedroom, and the unit benefits from large windows and a loft-style design. While not newly built or extensively renovated within the last 5 years, its condition, modern features, and lack of visible wear and tear align perfectly with the 'Good' rating criteria.
Pros & Cons

Pros

Prime DTLA Location & Walkability: Situated in a safe, clean, and highly walkable downtown LA neighborhood, just two blocks from Crypto.com Arena, with immediate access to major entertainment venues, dining, and retail (LA Live, Ritz-Carlton, Ralph's, Whole Foods).
Extensive Building Amenities & Green Certification: The Luma building is LEED Certified GOLD, offering low electricity costs, 24/7 security and concierge, a gym, pool, spa, sundeck, and BBQ area on a large outdoor terrace.
Spacious & Modern 1-Bedroom Unit: This is the largest 1-bedroom unit in the building, featuring an open-concept layout, abundant natural light, modern kitchen finishes, ample counter space, sleek cabinetry, and a good-sized walk-in closet.
Strong Investment Potential & Flexible Financing: The building is FHA/VA approved, making it accessible to a wider range of buyers, and benefits from billions of dollars in DTLA development for the 2026 World Cup and 2028 Olympics, indicating significant future appreciation.
Convenient Inclusions & EV Ready: The sale includes a high-end, large-capacity washer and dryer set, and the dedicated garage space comes equipped with a new EV charger, adding significant value and modern convenience.

Cons

High Association Fees: The monthly association fee of $830 is substantial and can significantly impact the overall cost of ownership, potentially deterring some buyers.
Limited Market for 1-Bedroom Units: Despite being the largest 1-bedroom, the unit's size and configuration may limit its appeal to single individuals or couples, excluding families or those requiring more bedrooms.
Urban Environment Drawbacks: While the unit is described as quiet, its downtown location inherently comes with potential urban challenges such as traffic congestion, higher noise levels outside the unit, and dense living, which may not suit all lifestyles.

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