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1100 S Hope Street 407, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath

1100 S Hope Street 407, Los Angeles, California 90015 home-pic-0
ACTIVE$575,000
1100 S Hope Street 407, Los Angeles, California 90015
1Bed
1Bath
860Sqft
41,217Lot
Year Built
2007
Close
-
List price
$575K
Original List price
$575K
Price/Sqft
$669
HOA
$852
Days on market
-
Sold On
-
MLS number
25531825
Home ConditionGood
Features
Patio
ViewCourtyard

About this home

We found 3 Cons,5 Pros. Rank: price - $575.0K(52th), sqft - 860(31th), beds - 1(50th), baths - 1(50th).

Welcome to urban elegance at its finest in the heart of The Social District in Downtown Los Angeles. This stunning 1-bedroom, 1-bathroom high-rise unit at the Luma Lofts offers 860 square feet of sophisticated living space. Enjoy the ease of indoor-outdoor living with your private patio, which seamlessly accesses the sprawling fourth floor amenities deck. Indulge in luxury with an array of building features: LEED Gold-certified, a barbecue area, gym facility, resident's lounge, pool, and spa. Convenience is paramount with one assigned parking space, concierge services, and 24 hour security. Experience the pinnacle of modern living in a vibrant community with every amenity at your doorstep: Whole Foods, Ralphs, LA Live, crypto.com Arena, cafes, bars and more.

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
09/07/07
Sold
$497,000
Condition Rating
Good
Built in 2007, this unit falls within the 10-20 year age range for a 'Good' score. The images confirm a move-in ready condition with modern finishes throughout, including stainless steel appliances in the kitchen, contemporary cabinetry, and well-maintained hardwood and tile flooring. Both the kitchen and bathroom feature stylish, updated designs and appear to be in excellent condition with no immediate renovation needs. The overall aesthetic is clean and modern, consistent with a well-maintained loft.
Pros & Cons

Pros

Prime Downtown LA Location: Situated in the vibrant 'Social District' of Downtown Los Angeles, offering immediate walking access to major entertainment venues like LA Live and Crypto.com Arena, as well as essential amenities like Whole Foods, Ralphs, cafes, and bars.
Comprehensive Luxury Amenities: Residents benefit from an extensive array of building amenities including a pool, spa, gym facility, resident's lounge, and barbecue area, enhancing the urban living experience.
Enhanced Security and Convenience: The building provides 24-hour security, concierge services, and an assigned parking space, offering a high level of safety and convenience for residents.
LEED Gold Certified Building: The property is located in a LEED Gold-certified building, indicating high standards of sustainability, energy efficiency, and potentially lower utility costs.
Private Patio with Amenity Access: The unit features a private patio that seamlessly connects to the sprawling fourth-floor amenities deck, offering a unique indoor-outdoor living experience and easy access to building facilities.

Cons

High Monthly Association Fees: The monthly association fee of $852.0 is substantial for a 1-bedroom unit, which can significantly impact the overall cost of ownership and affordability.
Limited Bedroom Count: As a 1-bedroom, 1-bathroom unit, it caters to a narrower demographic, primarily singles or couples, and may not appeal to buyers seeking more space or additional bedrooms.
Courtyard View: While the unit has a view, it is specified as a 'Courtyard' view, which typically offers less desirability and potential resale value compared to units with expansive city skyline or panoramic views.

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