121 S Hope Street 429, Los Angeles, California 90012, Los Angeles, 90012 - 1 bed, 1 bath
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Los Angeles, California 90012
This Sophisticated Urban Residence provides a turnkey lifestyle in Downtown Los Angeles, listed at $375,000—aligning with its $375,000 Fair Market Value. Boasting a Condition Rating of 3, the unit features updated flooring, fresh paint, and a unique Enclosed Patio Study with city views. Residents enjoy premium amenities including 24/7 security, a pool, and a fitness center, situated directly across from the Disney Concert Hall. This residence offers price stability in a premier cultural hub, making it an ideal sanctuary for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 121 S Hope Street 429 Subject | $375,000* List Price | 1 | 1 | 853 | $440 | - |
A 267 S San Pedro Street 621 Sold | $392,000 | 1 | 1 | 800 | $490 | 0.7 mi |
B 121 S Hope Street 321 Sold | $365,000 | 1 | 1 | 793 | $460 | - |
C 100 S Alameda Street 162 Sold | $342,300 | 1 | 1 | 735 | $466 | 0.9 mi |
D 121 S Hope Street 333 Active | $375,000 List Price | 1 | 1 | 853 | $440 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This condo, built in 1980, has undergone significant updates, making it move-in ready. The living areas feature elegant, modern-looking flooring, fresh paint, smooth ceilings, and crown molding. The bathroom has a sleek modern vanity and updated fixtures. However, the kitchen, while clean and functional with white cabinetry, has standard black appliances and light-colored countertops that appear dated. The bathroom's tilework, while well-maintained, also suggests an update that is not brand new. Overall, the property is in good condition with no immediate renovation required, aligning with a 'Good' rating, as it has been extensively renovated within the last 5-15 years, but not to a 'virtually new' standard throughout.
Unbeatable proximity to world-class cultural landmarks (Disney Concert Hall, The Broad, MOCA), entertainment venues (Dodger Stadium, Crypto Arena), top dining, and public transit in the heart of Downtown LA.
Residents enjoy a wide array of luxury amenities including a pool, spa, fitness center, sauna, 24/7 security, concierge services, on-site management, fiber internet, and generous guest parking.
The unit features fresh interior paint, elegant flooring, smooth ceilings, custom crown molding, and a tastefully updated bathroom with a sleek modern vanity, offering a move-in ready appeal.
The $1,128 monthly association fee is substantial for a 1-bedroom unit, potentially impacting affordability and long-term ownership costs for prospective buyers.
The property has undergone multiple price reductions from its original list price of $429,999 to $375,000, which may suggest market resistance or a perceived overvaluation.
Built in 1980, the building is over 40 years old. While the unit is updated, the age of the overall structure could lead to higher HOA assessments for future capital improvements or maintenance of older infrastructure.
Welcome to this beautifully updated 1-bedroom, 1-bathroom condo spanning 853 sqft in the prestigious Promenade Building, located on the 4th floor. This bright and airy unit features fresh interior paint throughout most of the home, enhancing its modern appeal. The open living area boasts elegant flooring, smooth ceilings, and custom crown molding, creating a sophisticated yet inviting atmosphere. The spacious bedroom offers ample closet space and a serene retreat, while the bathroom showcases tasteful tilework and a sleek modern vanity with a stylish sink. Standout feature is the enclosed patio, thoughtfully transformed into a private study or reading nook, perfect for enjoying the lush green views. The well-appointed kitchen includes a refrigerator, ample counter space, and cabinetry, seamlessly connecting to the living area for easy entertaining. Residents of the Promenade enjoy unparalleled amenities, including a pool, spa, fitness center, sauna, 24/7 security, concierge services, on-site management, fiber internet, and generous guest parking. With one assigned parking space included( #144), convenience is at your fingertips. Perfectly situated across from the Disney Concert Hall, this condo is near by cultural landmarks like The Broad, MOCA, Dorothy Chandler Pavilion, and Ahmanson Theater. Enjoy top dining, Grand Central Market, and easy access to Dodger Stadium, Crypto Arena, major freeways, and the Bunker Hill metro station. Experience luxury living in the heart of Downtown LA! Home is virtually staged.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 853 | 1,006 | 35% |
| Lot Size | 67,210 | 67,079 | 52% |
| Price | $375.0K | $625.0K | 13% |
| Price per sq ft | $440 | $582 | 13% |
| Built year | 1980 | 2005 | 32% |
| HOA | $1128.0 | $821 | 74% |
| Days on market | 253 | 231 | 65% |
Jan 14, 2026
$375,000
$396,000
-5% Price Drop
Initial Listing
Nov 22, 2025
$396,000
$415,000
-5% Price Drop
Initial Listing
Sep 30, 2025
$415,000
$429,999
-3% Price Drop
Initial Listing
Aug 12, 2025
$429,999
Initial Listing
May 13, 2016
$480,000
Public Record
Apr 10, 2015
$418,000
Public Record
Jan 17, 2013
$342,000
Public Record
Jul 25, 2012
$285,000
Public Record
Mar 8, 2007
$409,500
Public Record