121 S Hope Street 428, Los Angeles, California 90012, Los Angeles, 90012 - 2 bed, 2 bath
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121 S Hope Street 428
Los Angeles, California 90012
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,253Sq Ft
0Lot Size
Property Price
LIST PRICE$599,950
EST. MARKET VALUE
$582,819
SUMMARY
This Condominium represents a Strong Value Opportunity, listed at $599,950—positioned slightly above the $582,820 Fair Market Value. While the price reflects a premium, the property offers a Condition Rating of 3, featuring a fully remodeled interior with updated stone bathrooms and a spacious 1,253 sqft open floor plan. Located in the prestigious Bunker Hill district, the unit provides high-end urban living with city views and immediate access to cultural landmarks. This is an ideal acquisition for Owner-Occupants seeking a move-in-ready lifestyle or Urban Professionals prioritizing location.
Estimated Market Value
$582,819
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 121 S Hope Street 428 Subject 2 bd · 2 ba · 1,253 sqft · $465 | $599,950* List Price | 2 | 2 | 1,253 | $465 | - |
A 800 W 1st Street 2203 Sold 2 bd · 2 ba · 1,234 sqft · $470 · 0.0 mi | $580,000 | 2 | 2 | 1,234 | $470 | 0.0 mi |
B 880 W 1st 401 Sold 2 bd · 2 ba · 1,345 sqft · $413 · 0.1 mi | $555,000 | 2 | 2 | 1,345 | $413 | 0.1 mi |
C 222 S Central 242 Sold 2 bd · 2 ba · 1,220 sqft · $529 · 1.0 mi | $645,000 | 2 | 2 | 1,220 | $529 | 1.0 mi |
D 100 S Alameda Street 149 Sold 2 bd · 2 ba · 1,042 sqft · $614 · 0.9 mi | $640,000 | 2 | 2 | 1,042 | $614 | 0.9 mi |
E 222 S Central 428 Sold 1 bd · 1 ba · 863 sqft · $504 · 1.0 mi | $435,000 | 1 | 1 | 863 | $504 | 1.0 mi |
F 121 S Hope Street 431 Active 2 bd · 2 ba · 1,252 sqft · $558 · 0.0 mi | $698,000 List Price | 2 | 2 | 1,252 | $558 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1980 but features a remodeled interior. The bathrooms show updated stone countertops, modern vanities, and tiled walk-in showers consistent with a 5-15 year old renovation. The unit appears well-maintained, functional, and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Cultural Location
Situated in the prestigious Bunker Hill area directly across from the Disney Concert Hall, this property offers unparalleled access to world-class entertainment, dining, and major transit hubs.
- Modernized Interior
The unit features a fully remodeled open floor plan with updated bathrooms and a primary suite walk-in closet, providing a move-in-ready experience that stands out in the downtown market.
- Spacious Urban Layout
With 1,253 square feet of living space and a double-accessible balcony, the residence offers a generous and airy feel that is rare for high-density metropolitan condominiums.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The association fee of $1,311 per month is significantly high, which may impact buyer affordability and overall return on investment for potential landlords.
- Building Age
Constructed in 1980, the property may lack the contemporary amenities and energy-efficient infrastructure found in the newer luxury high-rises competing in the DTLA area.
About 121 S Hope Street 428
Welcome to The Promenade. These MOTIVATED SELLERS WANT THIS SOLD! One of the most prestigious addresses in downtown in the Bunker Hill area. THIS is where success and class meet comfort and home. Located across the Disney concert hall and centrally located to Grand central market, Metro station and many reputable and high-end venues for entertainment. The location also offers easy access to freeways 5, 101, 110 and 10. This remodeled, larger unit offers an open floor plan and has a very spacious feel throughout. The primary bedroom has an en-suite remodeled full bath, a large walking closet and additional storage space. The second bedroom is also very generous and has a wall-to-wall closet and an adjacent full bath that is also remodeled. A large living room with wall-to-wall windows and a double accessible balcony offers city and community views and is all great for entertaining. At this price this unit is not to be missed!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1980
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1311.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,253 | 1,252.996 |
| Lot Size | - | 26,029.603 |
| Price | $600.0K | $778.5K |
| Price per sq ft | $479 | $629 |
| Built year | 1980 | 1981 |
| HOA | $1311.0 | $676 |
| Days on market | 63 | 74 |
Pricing History
Listed for Sale
Sep 7, 2026
$599,950
Initial Listing
Sold
May 19, 2011
$351,000
Public Record