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1329 S Hope St, Los Angeles, CA 90015
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1329 S Hope St Los Angeles, CA 90015

$4,400,000 Sold Price as of 03/24/2021
  • -- Beds
  • -- Baths
  • 17,750 Sq.Ft.
Sold
$4,400,000 Sold Price as of 03/24/2021 Refinance Your Mortgage
Map preview of 1329 S Hope St, Los Angeles, CA 90015

Property Overview: 1329 S Hope St Los Angeles, CA has -- bedrooms, -- bathrooms, 17,750 living square feet and 7,742 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: PRE Commercial Broker is pleased to present this rare opportunity in the South Park District of Downtown Los Angeles. Once used as a members only lodge by the Independent Order of Foresters in the early 1900's, the building offers a 17,750 SF space with high ceilings, functional utilities and has the potential for redevelopment or new construction. The South Hope building is located just a few minutes away from the Staples Center, L.A. Live, Nokia Center, The Garment and Financial Districts. Nearby redevelopment sites will bring an additional 588 residential condo units and over 730 rental units to this specific part of the district. With a walk score of 92 and a transit score of 100, this building is in a prime location for any future development or conversion or for a business looking to relocate to DTLA. Current owners have an arrangement for parking in a nearby lot... for buyers this would be subject to new arrangements with the parking lot owners/managers.

Listed by Rasmus Ray Lee | BRE #01490488 | Premier Real Estate Broker, Inc.
Co-listed by Javier Hernandez | BRE #01994660 | Premier Real Estate Broker, Inc.
Last checked: 13 minutes ago | Last updated: June 6th, 2023 | Source CRMLS | DOM: 375

Home details

Lot Sq. Ft
7,742
HOA Dues
$0/mo
Year built
1928
Garage
--
Property Type:
Other
Status
Sold
MLS#
21724604
City
Los Angeles
County
Los Angeles
Time on Site
346 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1329 S Hope St

Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Parcel Number: 5134011008
Location / Neighborhood
Location Information
  • Directions: On Hope Street in between Pico and Venice
View more facts & features

Local Los Angeles Agent

Sale History for 1329 S Hope St

Last sold for $4,400,000 on March 24th, 2021

  • March, 2021

  • Mar 24, 2021

    Date

    Sold

    CRMLS: 21724604

    $4,400,000

    Price

  • Mar 6, 2019

    Date

    Active

    CRMLS: 21724604

    $9,000,000

    Price

  • November, 1988

  • Nov 21, 1988

    Date

    Sold (Public Records)

    Public Records

    $1,120,511

    Price

Show More

Tax History for 1329 S Hope St

Assessed Value (2020): $1,921,812
Year Land Value Improved Value Assessed Value
2020 $930,018 $991,794 $1,921,812

Home Value Compared to the Market

This property vs the competition

1329 S Hope St sold on March 24, 2021 for 656.3% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $507.04 per/sqft which puts the price per square foot 32.84% lower than the current median sale per square foot for the city of Los Angeles.

About 1329 S Hope St

Detailed summary of property

1329 S Hope St is a other that recently sold in Los Angeles, CA 90015. This property offered -- bedrooms, -- bathrooms, roughly 17,750 living square feet, and sits on an approximately 7,742 square foot lot. 1329 S Hope St was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $4,400,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 656.3% higher than the current median priced home. Local homes that are currently for sale include 4024 Nicolet Ave, 10705 S Figueroa St and 7809 Melrose Ave. While the average home in Los Angeles, CA is selling in 94 days, 1329 S Hope St has a days on market of 375 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 1329 S Hope St Los Angeles, CA 90015 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1329 S Hope St

Public county record property details
Beds
--
Baths
--
Year built
1928
Sq. Ft.
17,750
Lot Size
7,740
Stories
1
Type
Clubs, Lodges, Professional Associations
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
5134-011-008

The source for these homes facts are from public records.

90015 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$723
Median Sold Price
$625,000
Median Sold Price/Sq.Ft.
$608
Total Inventory
81
Median Sale to List Price %
100%
Avg Days on Market
35
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (27.27%), Other (18.18%)

Thinking of Selling?

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(714) 706-1823

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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.

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