121 S Hope Street 418, Los Angeles, California 90012, Los Angeles, 90012 - 1 bed, 1 bath

121 S Hope Street 418, Los Angeles, California 90012 home-pic-0
ACTIVE$495,000
121 S Hope Street 418, Los Angeles, California 90012
1Bed
1Bath
793Sqft
67,210Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location & Connectivity: Nestled in the prestigious Bunker Hill enclave, the property offers unbeatable access to cultural landmarks, chic boutiques, gourmet eateries, and is next to the highly anticipated Grand Project, with a future subway station just a block away.
Top Cons:
High Monthly Association Fees: The substantial monthly association fee of $1,128.0 is high for a one-bedroom unit, significantly impacting the overall cost of ownership and potentially limiting buyer pool.

Compared to the nearby listings

Price:$495.0K vs avg $565.0K ($-70,000)38%
Size:793 sqft vs avg 1,056.5 sqft19%
Price/sqft:$624 vs avg $56088%

More Insights

Built in 1980 (45 years old).
Condition: Despite the building's 1980 construction, the unit has been recently and extensively transformed into a contemporary masterpiece. The kitchen features state-of-the-art stainless steel appliances, modern white cabinetry, and updated countertops, as confirmed by the images. The bathroom is also newly renovated with modern marble-look tiling and a sleek glass shower enclosure. Chic hard-surface flooring extends throughout the living areas, indicating a comprehensive and recent update, aligning with 'Excellent' condition criteria for a recently renovated property.
Year Built
1980
Close
-
List price
$495K
Original List price
$495K
Price/Sqft
$624
HOA
$1,128
Days on market
-
Sold On
-
MLS number
25537735
Home ConditionExcellent
Features
Excellent View: City Lights
Deck
Pool
Spa
ViewCity Lights

About this home

Nestled in the prestigious Bunker Hill enclave of downtown Los Angeles, this sleek, sun-drenched one-bedroom condo redefines modern luxury. Recently transformed into a contemporary masterpiece, the open-concept kitchen dazzles with glossy granite countertops, state-of-the-art stainless steel appliances, and cabinetry that whispers sophistication. The living area flows seamlessly underfoot with chic, hard-surface flooring, offering both durability and timeless style.But the true showstopper? Your private balcony, where panoramic city scape vistas stretch endlessly sip morning coffee under golden sunlight or toast to dramatic sunsets that paint the sky in hues of amber and rose. This is your front-row seat to the city's heartbeat.Indulge in a resort-style oasis without leaving home: glide into the sparkling swimming pool, unwind in the steam-kissed sauna, or refresh in the state-of-the-art fitness center. With 24/7 security and concierge services, plus an on-site manager, every need is effortlessly met. Enjoy peace of mind with included guest parking, and a spacious designated parking spot complete with storage area. Location? Unbeatable. Stroll to the Cultural Crown jewels the Concert Hall, Music Center, and Civic Center or explore chic boutiques and gourmet eateries just steps away. The buzz of the highly anticipated Grand Project thrills next door, while a future subway station (merely a block away!) promises connectivity at lightning speed. This isn't just a condo it's a gateway to glamour, where every detail caters to the discerning urbanite. Don't just live here thrive here. Can be purchased fully furnished, just bring your toothbrush.

Price History

Date
Event
Price
05/11/01
Sold
$155,000
12/09/19
Sold
$479,000
09/01/05
Sold
$155,000
Condition Rating
Excellent

Despite the building's 1980 construction, the unit has been recently and extensively transformed into a contemporary masterpiece. The kitchen features state-of-the-art stainless steel appliances, modern white cabinetry, and updated countertops, as confirmed by the images. The bathroom is also newly renovated with modern marble-look tiling and a sleek glass shower enclosure. Chic hard-surface flooring extends throughout the living areas, indicating a comprehensive and recent update, aligning with 'Excellent' condition criteria for a recently renovated property.
Pros & Cons

Pros

Prime Location & Connectivity: Nestled in the prestigious Bunker Hill enclave, the property offers unbeatable access to cultural landmarks, chic boutiques, gourmet eateries, and is next to the highly anticipated Grand Project, with a future subway station just a block away.
Extensive Resort-Style Amenities: Residents enjoy a sparkling swimming pool, steam-kissed sauna, state-of-the-art fitness center, 24/7 security, concierge services, an on-site manager, guest parking, and a designated parking spot with storage.
Modern & Updated Interior: The condo has been recently transformed into a contemporary masterpiece, featuring an open-concept kitchen with glossy granite countertops, state-of-the-art stainless steel appliances, sophisticated cabinetry, and chic hard-surface flooring.
Private Balcony with City Views: A private balcony provides panoramic city scape vistas, offering a stunning backdrop for morning coffee or dramatic sunsets, enhancing the property's lifestyle appeal.
Turnkey & Furnished Option: The property can be purchased fully furnished, offering a convenient and immediate move-in solution for discerning urbanites or investors.

Cons

High Monthly Association Fees: The substantial monthly association fee of $1,128.0 is high for a one-bedroom unit, significantly impacting the overall cost of ownership and potentially limiting buyer pool.
Building Age: Despite recent interior renovations, the building was constructed in 1980, which may lead to potential future building-wide maintenance, infrastructure updates, or special assessments.
Limited Living Space: At 793 sqft, the one-bedroom layout offers limited living space, which might not appeal to buyers seeking more expansive residences or those with future space requirements.

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