1100 S Hope Street 516, Los Angeles, California 90015, Los Angeles, 90015 - 2 bed, 3 bath
1100 S Hope Street 516
Los Angeles, California 90015
Property Price
SUMMARY
Analysis of 1100 S Hope Street 516, Los Angeles, California 90015 is currently available with a list price of $1,250,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property is a fully remodeled turnkey unit featuring a sleek modern kitchen with quartz countertops, stainless steel appliances, upgraded bathrooms, and brand-new flooring throughout. Although the building was constructed in 2007, the extensive recent renovations and high-end finishes meet the criteria for excellent condition with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Modern Design
This fully remodeled corner unit features a sleek kitchen with quartz countertops, upgraded baths, and a split-bedroom layout that maximizes privacy and natural light through floor-to-ceiling windows.
- Premium Parking & EV Infrastructure
Rare for downtown living, the property includes two assigned parking spaces equipped with a private EV charger within a secure, gated garage, catering to the modern eco-conscious driver.
- Prime Urban Location
Situated in the heart of DTLA's Social District, the property offers unparalleled walkability to major attractions including Crypto.com Arena, LA Live, and Whole Foods.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The association fee is nearly $1,000 per month, which represents a significant recurring expense that may impact the overall affordability and debt-to-income ratio for potential buyers.
- Underperforming Local Schools
The assigned public middle and high schools carry low ratings (3/10), which could be a deterrent for families prioritizing education or impact future resale appeal to that demographic.
About 1100 S Hope Street 516
RARE north-west facing turnkey 2 bedroom, 2.5 bath corner unit available at LUMA Lofts. Fully remodeled. Sleek modern kitchen with quartz counters and stainless-steel appliances, upgraded baths, and brand new flooring. An expansive open layout concept with floor-to-ceiling windows floods the home with natural light and city views. The split-bedroom design ensures privacy and comfort. Enjoy the convenience of two assigned parking spaces with an EV charger in a secure, gated garage. LUMA's LEED-Certified lifestyle offers resort-caliber amenities: a 24-hour concierge and security, pool and spa, fitness center, and an outdoor lounge with BBQ area perfect for entertaining. Steps from the best of LA's Social District: Crypto.com Arena, amazing restaurants, Whole Foods, local safety ambassadors, LA Live, and more. Experience luxury, location, and lifestyle at its finest.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2007
- Lot Size
- 41,217 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $987.39 / Month
Neighborhood Insights
Los Angeles Unified Schools
Ninth Street School
Grades K-5 • 1.0 mi
John H. Liechty Middle School
Grades 6-8 • 1.0 mi
Belmont Senior High School
Grades 9-12 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 59% |
| Baths | 3.0 | 1.0 | 80% |
| Square foot | 1,650 | 1,030 | 78% |
| Lot Size | 41,217 | 41,217 | 50% |
| Price | $1.25M | $550.0K | 80% |
| Price per sq ft | $758 | $589 | 80% |
| Built year | 2007 | 2007 | 50% |
| HOA | $987.39 | $921 | 61% |
| Days on market | 119 | 213 | 7% |
Pricing History
Listed for Sale
Feb 21, 2026
$1,250,000
$1,350,000
-7% Price Drop
Initial Listing
Price Change
Nov 7, 2025
$1,350,000
Initial Listing
Sold
Mar 10, 2008
$765,000
Public Record