1100 S Hope Street 1507, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath

1100 S Hope Street 1507, Los Angeles, California 90015 home-pic-0
ACTIVE UNDER CONTRACT$549,000
1100 S Hope Street 1507, Los Angeles, California 90015
1Bed
1Bath
860Sqft
41,217Lot
Year Built
2007
Close
-
List price
$549K
Original List price
$650K
Price/Sqft
$638
HOA
$852.83
Days on market
-
Sold On
-
MLS number
SR24199949
Home ConditionGood
Features
Excellent View: City Lights, Panoramic
Deck
Pool
Spa
ViewCity Lights,Panoramic

About this home

Possibly Over-Priced:The estimated price is 4% below the list price. We found 3 Cons,5 Pros. Rank: price - $549.0K(42th), sqft - 860(31th), beds - 1(50th), baths - 1(50th).

Incredible price for this unique layout on the 15th floor! Welcome to urban luxury at its finest! Nestled in the heart of South Park, this modern 1-bedroom, 1-bathroom soft loft offers 860 square feet of sophisticated living space in the LEED-certified Gold building, LUMA. This unique floor plan offers corner windows to enjoy the vibrant cityscape. Upon entering, you'll be captivated by the expansive floor-to-ceiling windows that flood the unit with natural light and provide breathtaking city views. The open-concept layout seamlessly blends the living and dining areas, creating a versatile space for entertaining or relaxing. The kitchen is equipped with sleek, stainless appliances and ample counter space, perfect for culinary enthusiasts. The bedroom offers a tranquil retreat while the contemporary bathroom features modern finishes. For added convenience, this unit includes an in-unit washer and dryer. LUMA's amenities are unparalleled, offering a lifestyle of comfort and convenience. Residents enjoy access to a state-of-the-art gym, a sparkling pool and rejuvenating hot tub. The resident's lounge and barbecue areas are perfect for social gatherings. Additional features include a concierge services, controlled access, and a security gate for peace of mind. Parking is a breeze with an included garage space. Located in the bustling neighborhood of South Park, you're moments away from the Crypto Arena, an array of restaurants, shopping, and entertainment options. The building also boasts an on-site restaurant, adding to the convenience and allure of this exceptional residence. Experience the epitome of city living in this stunning highrise unit. Schedule your private tour today and discover your new home at LUMA!

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
09/06/25
Price Change
$549,000-8.3%
08/21/25
Price Change
$599,000
09/27/24
Listing
$650,000
12/16/16
Sold
$620,000
Condition Rating
Good

The property, built in 2007, is 17 years old and aligns with the 'Good' condition criteria. The kitchen features sleek, stainless steel appliances, modern dark cabinetry, and solid countertops. The bathroom is contemporary with a modern vanity and tiled flooring. Hardwood floors are present in the main living areas, and light fixtures are modern. The unit appears well-maintained with no immediate renovation needs, offering a move-in ready urban living experience.
Pros & Cons

Pros

Prime Urban Location: Located in the bustling South Park neighborhood, offering immediate access to entertainment, dining, and shopping, including the Crypto Arena.
Extensive Building Amenities: The LUMA building provides unparalleled amenities such as a state-of-the-art gym, pool, hot tub, resident's lounge, BBQ areas, concierge services, and an on-site restaurant.
Panoramic City Views & Abundant Natural Light: Situated on the 15th floor with corner, expansive floor-to-ceiling windows, the unit boasts breathtaking city views and is flooded with natural light.
Modern & Eco-Friendly Building: A 2007-built, LEED-certified Gold building (LUMA) ensures modern construction, design, and energy efficiency.
Valuable Inclusions & Conveniences: Features an included garage parking space and in-unit washer/dryer, which are significant advantages in a dense urban environment.

Cons

High Monthly Association Fees: The substantial monthly association fee of $852.83 adds a significant recurring cost to homeownership.
Soft Loft Layout & Limited Privacy: The 'soft loft' design, while modern, may offer less privacy compared to traditional layouts, particularly for the bedroom, which might not appeal to all buyers.
Price Reduction History & Market Perception: Multiple price reductions from the original $650,000 to $549,000, coupled with a current list price slightly above the estimated value and below its 2016 sale price, could suggest market resistance or previous overpricing.

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