1100 S Hope Street 814, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath
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Los Angeles, California 90015
This modern loft-style condo at LUMA represents a Prime Investment Opportunity, listed at a List Price of $549,000—positioned well below the $561,336 Fair Market Value by 2%. This valuation gap provides $12,336 in Instant Equity. Featuring a Good Condition Rating, the unit includes Granite Countertops, Hardwood Floors, and a Private Balcony with City Lights Views. Located in the heart of DTLA, this Asset is ideal for Buy-and-Hold Investors or first-time buyers seeking a luxury lifestyle near LA Live.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1100 S Hope Street 814 Subject | $549,000* List Price | 1 | 1 | 947 | $593 | - |
A 1100 S Hope Street 911 Sold | $559,000 | 1 | 1 | 908 | $616 | 0.0 mi |
B 1100 Hopes Street 1408 Sold | $617,000 | 1 | 1 | 990 | $623 | 0.0 mi |
C 1100 S Hope Street 1507 Sold | $530,000 | 1 | 1 | 860 | $616 | 0.0 mi |
D 901 S Flower Street 704 Sold | $465,000 | 0 | 1 | 751 | $619 | 0.3 mi |
E 1130 S Flower Street 208 Sold | $530,000 | 1 | 2 | 1,260 | $421 | 0.1 mi |
F 645 W 9th Street 741 Sold | $420,000 | 1 | 1 | 790 | $532 | 0.3 mi |
G 1111 S Grand Avenue 1111 Active | $495,000 List Price | 1 | 1 | 950 | $521 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, the property is approximately 19 years old, placing it firmly in the 'Good' category. The interior features well-maintained hardwood floors, granite countertops, and stainless steel appliances that remain functional and move-in ready, though they are likely original to the construction.
Positioned as the lowest-priced unit in the prestigious LUMA building, this property offers a highly competitive entry point into the luxury DTLA market for both investors and first-time buyers.
Located in the heart of South Park, the unit boasts a high walkability factor with immediate proximity to LA Live, Crypto.com Arena, Whole Foods, and major dining destinations.
Residents benefit from a full-service luxury lifestyle, including 24-hour concierge and security, a fitness center, a pool, a spa, and a large outdoor terrace for entertaining.
The monthly association fee of $785 is significant for a one-bedroom unit, which may impact the debt-to-income ratio for some buyers and overall monthly affordability.
The assigned public middle and high schools carry low ratings (3/10), which could be a deterrent for families and potentially affect long-term appreciation compared to other neighborhoods.
THE BEST-PRICED UNIT IN ALL OF LUMA!!! WILL NOT LAST!!! Welcome to this beautiful one bed, one bath home with a balcony at LUMA in Downtown Los Angeles. This modern loft-style condo has large floor-to-ceiling windows that bring in lots of natural light and amazing views. From the private balcony, you can see the DTLA skyline, LA Live, the Ritz-Carlton, and so much more. The open floor plan makes the home feel bright and spacious. It features hardwood floors, granite countertops, stainless steel appliances, an in-unit washer and dryer, and one secure parking spot. The layout is perfect for relaxing at home or spending time with family and friends. LUMA is a luxury high-rise building with many great amenities, including 24-hour security and concierge service, a fitness center, a pool, spa, BBQ area, and a large outdoor terrace. Walking distance to LA Live, Crypto.com Arena, Whole Foods, and many great restaurants. As DTLA continues to grow and prepare for the 2028 Olympics, this home offers a great opportunity to live or invest in one of the city's most exciting neighborhoods. LIVE, PLAY, WORK IN DTLA!
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 947 | 1,243 |
| Lot Size | 41,217 | 24,016 |
| Price | $549.0K | $805.6K |
| Price per sq ft | $580 | $659 |
| Built year | 2007 | 1981 |
| HOA | $785.0 | $684 |
| Days on market | 47 | 71 |
Jun 5, 2026
$549,000
Initial Listing
Jun 8, 2007
$519,500
Public Record