1100 S Hope Street 412, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath

1100 S Hope Street 412, Los Angeles, California 90015 home-pic-0
ACTIVE$640,000
1100 S Hope Street 412, Los Angeles, California 90015
1Bed
1Bath
1,110Sqft
41,217Lot
Year Built
2007
Close
-
List price
$640K
Original List price
$640K
Price/Sqft
$577
HOA
$875
Days on market
-
Sold On
-
MLS number
TR24255273
Home ConditionGood
Features
Excellent View: City Lights, Neighborhood
ViewCity Lights,Neighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $640.0K(60th), sqft - 1110(60th), beds - 1(50th), baths - 1(50th).

Discover vibrant city living in one of the largest one bedroom soft lofts at the prestigious LUMA Residences located in the heart of Downtown LA's trendy South Park District. This spacious and versatile floor plan boasts 1,110 square feet of bright, open-concept space framed by an entire wall of floor-to-ceiling windows, in-unit washer/dryer and one assigned parking spot with the option to install an EV charger. HOA includes water and gas. Building is LEED Certified, impeccably maintained, offering luxury amenities including a 24/7 concierge and security team, a fully equipped fitness center, a resort-style salt water pool and spa, and a sundeck with multiple grills for entertaining. Located moments away from world class dining and entertainment including LA Live, Whole Foods, Crypto.com Arena and an array of shopping destinations. Your opportunity awaits to embrace downtown's dynamic lifestyle here 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
01/21/11
Sold
$350,000
Condition Rating
Good

Built in 2007, this property falls within the 10-20 year age range for a 'Good' rating. The images reveal a well-maintained, modern loft-style unit with contemporary finishes. The kitchen features stainless steel appliances, dark flat-panel cabinetry, and light countertops, all appearing in excellent condition. The bathroom also presents modern fixtures and finishes. Flooring throughout is consistent and appears to be engineered wood or laminate, showing minimal wear. The overall aesthetic is clean, functional, and move-in ready, requiring no immediate renovations.
Pros & Cons

Pros

Prime Downtown Location: Situated in the heart of Downtown LA's trendy South Park District, offering immediate access to world-class dining, entertainment (LA Live, Crypto.com Arena), and shopping, enhancing lifestyle and potential rental appeal.
Exceptional Building Amenities: The LUMA Residences provide luxury amenities including a 24/7 concierge and security, a fully equipped fitness center, a resort-style saltwater pool and spa, and a sundeck with grills, offering a premium living experience.
Spacious & Modern Living Space: At 1,110 sqft, this is one of the largest one-bedroom soft lofts, featuring a bright, open-concept floor plan with an entire wall of floor-to-ceiling windows and convenient in-unit washer/dryer.
Eco-Friendly & Well-Maintained Building: The building is LEED Certified, indicating sustainable design and potentially lower utility costs, and is described as impeccably maintained, suggesting strong building management and pride of ownership.
Valuable Parking & Included Utilities: Includes one assigned parking spot with an option for an EV charger, a significant asset in Downtown LA. HOA fees cover water and gas, adding value and simplifying monthly expenses.

Cons

High HOA Fees: The monthly association fee of $875.0 is substantial, which, despite including some utilities and luxury amenities, can significantly impact the overall cost of ownership and buyer affordability.
Limited Bedroom Count: As a one-bedroom unit, its appeal is primarily limited to single individuals or couples, potentially narrowing the buyer pool compared to properties with more bedrooms.
Average School Ratings: While the elementary school has an excellent rating, the nearby middle and high schools have average ratings (3/10), which could be a consideration for buyers with school-aged children.

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