121 S Hope St #515 Los Angeles, CA 90012

$450,000
  • 1 Beds
  • 2 Baths
  • 1,187 Sq.Ft.
For Sale
$450,000 Get Pre-Qualified

Map preview of 121 S Hope St #515, Los Angeles, CA 90012

Property Overview: 121 S Hope St #515 Los Angeles, CA has 1 bedrooms, 2 bathrooms, 1,187 living square feet and 67,210 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Spacious FIXER one bedroom and a den. Den can be used as a 2nd bedroom, two FULL bathrooms. The main bedroom is quite large has an enclosed patio with a wireless controlled exterior awning. The pictures tell all. The building provides 24-hour security and a 24-hour fully equipped fitness center for residents. The amenities include a courtyard with a pool, spa, and Japanese garden, guest parking, on-site manager, mezzanine community room, elegant lobby, saunas, a dog park (25 lbs. or less), complimentary high-speed 300 MBS internet service and subterranean parking. Located in the heart of Downtown LA, this condo is just steps away from some of the city's best restaurants, Disney Hall, Dorothy Chandler Pavilion, The Broad, The Ahmanson Theater, MOCA, Financial District, Courthouses, City Hall, easy access to major freeways, the Grand Ave & Arts/Bunker Hill Metro Station, and much more. This is a Trust sale.

Listed by David Rosenfeld | BRE #01109090 | Advantage Real Estate
Last checked: 2 minutes ago | Last updated: September 13th, 2024 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
67,210
HOA Dues
$1148/mo
Year built
1980
Garage
--
Property Type:
Condominium
Status
Active
MLS#
24437785
City
Los Angeles
County
Los Angeles
Time on Site
7 days

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Property Details for 121 S Hope St #515

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Forced Air
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Eating Area: Breakfast Counter / Bar
  • Flooring: Carpet
  • Den
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator, Gas Range
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Ceiling Fan(s)
  • Levels: One
  • Security Features: 24 Hour Security, Fire and Smoke Detection System, Gated with Guard, Fire Sprinkler System, Smoke Detector(s)
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: In Ground, Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Community Structure, Controlled Entrance
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 135
  • Parcel Number: 5151002149
  • Architectural Style: Contemporary
  • Entry Level: 5
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $1,148 (Monthly)
  • Association Amenities: Pool, Security, Spa/Hot Tub, Controlled Access, Hot Water, Picnic Area, Sauna, Meeting Room, Concierge, Trash
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Located at the corner of 1st and Hope Streets.
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Sale History for 121 S Hope St #515

Last sold for $596,000 on December 18th, 2006
  • September, 2024

  • Sep 13, 2024

    Date

    Active

    CRMLS: 24437785

    $450,000

    Price

  • December, 2006

  • Dec 18, 2006

    Date

    Sold (Public Records)

    Public Records

    $596,000

    Price

  • December, 2001

  • Dec 27, 2001

    Date

    Sold (Public Records)

    Public Records

    $269,000

    Price

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Tax History for 121 S Hope St #515

Assessed Value (2020): $610,000
Year Land Value Improved Value Assessed Value
2020 $123,500 $486,500 $610,000

Home Value Compared to the Market

This property vs the competition

121 S Hope St #515 is listed 62.5% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $379.11 per/sqft which puts the price per square foot 50.64% lower than the median price per square foot for the city of Los Angeles.

About 121 S Hope St #515

Detailed summary of property

121 S Hope St #515 is a condominium located in Los Angeles, CA 90012 and is currently for sale. This condo offers 1 bedrooms, 2 bathrooms, roughly 1,187 living square feet, and sits on an approximately 67,210 square foot lot. 121 S Hope St #515 was first listed on ArdentRealEstateGroup.com on September 13, 2024. The homeowner is currently asking $450,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 62.5% lower than the median priced home. Local competing homes currently for sale include 312 W 5th St #523, 312 W 5th St #319 and 312 W 5th St #426. This home does have a Homeowners Association and the monthly fee is $1,148 per month. While the average home in Los Angeles, CA is selling in 106 days, 121 S Hope St #515 has a days on market of 7 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 121 S Hope St #515 Los Angeles, CA 90012 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 121 S Hope St #515

Public county record property details
Beds
1
Baths
2
Year built
1980
Sq. Ft.
1,187
Lot Size
67,169
Stories
--
Type
Condominium Unit (Residential)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
1
APN
5151-002-149

The source for these homes facts are from public records.

90012 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$625,000
Median List Price/Sq.Ft.
$582
Median Sold Price
$635,000
Median Sold Price/Sq.Ft.
$608
Total Inventory
49
Median Sale to List Price %
99.37%
Avg Days on Market
26
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (40%), Other (20%)

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Related Resources to 121 S Hope St #515

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.