1100 S Hope Street 1113, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath

1100 S Hope Street 1113, Los Angeles, California 90015 home-pic-0
ACTIVE UNDER CONTRACT$510,000
1100 S Hope Street 1113, Los Angeles, California 90015
1Bed
1Bath
746Sqft
41,217Lot
Year Built
2007
Close
-
List price
$510K
Original List price
$510K
Price/Sqft
$684
HOA
$785
Days on market
-
Sold On
-
MLS number
24474573
Home ConditionGood
Features
Good View: City Lights, Mountain(s), Panoramic
Pool
Spa
ViewCity Lights,Mountain(s),Panoramic

About this home

We found 2 Cons,3 Pros. Rank: price - $510.0K(35th), sqft - 746(19th), beds - 1(50th), baths - 1(50th).

Property has an ASSUMABLE VA LOAN: $451,000 BALANCE @ 3.750%... FANTASTIC OPPORTUNITY! The building is FHA/VA approved, as well as for conventional financing. This unit is a beautiful East facing "soft loft" condo in Luma, DTLA's premier living... with great views, from floor-to-ceiling windows & sliding door "Juliette"! HARDWOOD FLOORS WERE JUST SANDED, STAINED, AND FINISHED; KITCHEN & BATHROOM CABINETS WERE JUST RESURFACED; WALLS WERE JUST REPAINTED; AND NEW CEILING LIGHT FIXTURES INSTALLED! The unit features stainless steel appliances, and washer & dryer inside. LUMA is a Gold LEED-certified Green building (benefits incl. low electricity bills). Amenities incl. 24/7 doorman & security, gym, pool/spa/sun-deck on a 1/2 acre outdoor community terrace with BBQ, fireplace, and lounge chairs; and features Prank Bark, Hygge Bakery, and MedBeautyLA on the ground floor. South Park is the quiet and highly manicured part of Downtown LA. Mere steps to Crypto.com Arena, LA Live, Regal Cinemas, Whole Foods, and an abundant restaurant and the mixology bar scene. This is a GREAT time to live & invest in Downtown LA: U.S. SUPREME COURT HAS RULED THAT CITIES CAN BAN HOMELESS ENCAMPMENTS & BILLIONS of dollars are going into DTLA development projects in preparation for the 2026 FIFA World Cup and 2028 Summer Olympics, incl. newly paved streets everywhere, plus exciting new construction in the neighborhood. AGENTS SEE PRIVATE & SHOWING REMARKS!

Nearby schools

5/10
Ninth Street School
Public,K-51.0mi
3/10
John H. Liechty Middle School
Public,6-81.0mi
3/10
Belmont Senior High School
Public,9-121.4mi

Price History

Date
Event
Price
07/16/25
Sold
$52,500
03/29/17
Sold
$525,000
07/27/07
Sold
$421,000
Condition Rating
Good

Built in 2007, the property is in good condition. The listing mentions recent updates including sanded and stained hardwood floors, resurfaced kitchen and bathroom cabinets, fresh paint, and new light fixtures. Stainless steel appliances are present. While not brand new, these updates suggest the property is well-maintained and move-in ready, fitting the 'Good' condition criteria.
Pros & Cons

Pros

Assumable VA Loan: The property features an assumable VA loan with a low interest rate of 3.75%, presenting a significant financial advantage for eligible buyers.
Prime Downtown Location: Located in South Park, DTLA, the condo is steps away from Crypto.com Arena, LA Live, Whole Foods, and a vibrant restaurant scene, offering unparalleled access to entertainment and amenities.
Recent Upgrades & Modern Amenities: The unit has been recently renovated with sanded and stained hardwood floors, resurfaced kitchen and bathroom cabinets, fresh paint, and new light fixtures. It also includes stainless steel appliances and in-unit washer/dryer.

Cons

HOA Fees: HOA fees are associated with the building, which can impact the overall monthly housing cost.
Soft Loft Style: The 'soft loft' style might not appeal to all buyers, as it typically features an open floor plan with limited privacy.

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