
Los Angeles, California 90015
This Modern Downtown Loft is a Strong Value Opportunity, listed at $499,000—positioned well below the $503,011 Fair Market Value by 0.8%. This valuation gap offers $4,011 in Instant Equity. Featuring a Condition Rating of 3, the unit includes Granite Countertops, Stainless Steel Appliances, and a Private Balcony with City Lights Views. Located in the luxury LUMA building, it offers a premier urban lifestyle near LA Live. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey DTLA residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1100 S Hope Street 814 Subject | $499,000* List Price | 1 | 1 | 947 | $531 | - |
A 1111 S Grand Avenue 605 Sold | $469,000 | 1 | 1 | 1,100 | $426 | 0.0 mi |
B 1100 S Hope Street 911 Sold | $559,000 | 1 | 1 | 908 | $616 | 0.0 mi |
C 645 W 9th Street 715 Sold | $588,000 | 2 | 2 | 960 | $613 | 0.3 mi |
D 1155 S Grand Avenue 1103 Sold | $575,000 | 1 | 2 | 1,120 | $513 | 0.1 mi |
E 901 S Flower Street 704 Sold | $465,000 | 0 | 1 | 751 | $619 | 0.3 mi |
F 1130 S Flower Street 208 Sold | $530,000 | 1 | 2 | 1,260 | $421 | 0.1 mi |
G 600 W 9th Street 305 Sold | $575,000 | 2 | 2 | 1,193 | $482 | 0.3 mi |
H 600 W 9th Street 1216 Sold | $625,000 | 2 | 2 | 1,264 | $494 | 0.3 mi |
I 1111 S Grand Avenue 1014 Active | $480,000 List Price | 1 | 1 | 960 | $500 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, the property falls within the 10-20 year age bracket. It is well-maintained and move-in ready, featuring functional modern finishes such as hardwood floors, granite countertops, and stainless steel appliances that remain in good condition.
Positioned as the lowest-priced unit in the prestigious LUMA building, this property offers a highly competitive entry point for a luxury high-rise in Downtown Los Angeles.
Located in the heart of South Park, the unit is within walking distance to major attractions like Crypto.com Arena, LA Live, and Whole Foods, offering a premier urban lifestyle.
The building provides a full suite of high-end amenities, including 24-hour concierge and security, a fitness center, and a resort-style pool and terrace area.
The monthly association fee of $785 is significant for a one-bedroom unit, which may impact the overall affordability and debt-to-income ratio for some buyers.
The assigned public middle and high schools have low ratings (3/10), which could be a deterrent for families or investors concerned with long-term school district influence on value.
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 | 1,219.385 |
| Lot Size | 41,217 | 27,236.074 |
| Price | $499.0K | $800.2K |
| Price per sq ft | $527 | $650 |
| Built year | 2007 | 1979 |
| HOA | $785.0 | $685 |
| Days on market | 28 | 72 |
Aug 12, 2026
$499,000
Initial Listing
Jun 8, 2007
$519,500
Public Record