1100 S Hope Street 511, Los Angeles, California 90015, Los Angeles, 90015 - 1 bed, 1 bath

1100 S Hope Street 511, Los Angeles, California 90015 home-pic-0
ACTIVE$555,000
1100 S Hope Street 511, Los Angeles, California 90015
1Bed
1Bath
917Sqft
41,217Lot
Year Built
2007
Close
-
List price
$555K
Original List price
$595K
Price/Sqft
$605
HOA
$858.07
Days on market
-
Sold On
-
MLS number
25521369
Home ConditionGood
Features
Good View: Courtyard
Deck
Pool
Spa
Patio
ViewCourtyard

About this home

We found 3 Cons,5 Pros. Rank: price - $555.0K(50th), sqft - 917(39th), beds - 1(50th), baths - 1(50th).

Summer in the City Meets Serene Retreat at Luma South Lofts. Experience the best of summer city living in this stylish 1-bedroom, 1-bath loft at the coveted Luma South Lofts. Downtown LA's premier mid-rise residence in the heart of the vibrant South Park district. This sophisticated home features soaring ceilings and a full wall of floor-to-ceiling windows that flood the space with natural light. Step onto your rare private balcony to take in tranquil views of treetops and the shimmering pool on the amenity deck below a true urban oasis. The surrounding greenery and calm, resort-style setting create a uniquely homey and peaceful atmosphere, offering the perfect contrast to the energetic buzz of downtown just beyond your windows. Inside, enjoy modern comforts like a spacious walk-in closet, a large bath, and an in-unit washer and dryer. The LEED Gold-certified building is beautifully maintained and rich in amenities: a 24/7 concierge and security team, a state-of-the-art fitness center, and a lush sundeck complete with a sparkling pool, spa, and grilling areas ideal for summer gatherings under the LA sun. With an assigned parking space in a secure garage, and major utilities (except electricity) included in HOA dues, this unit blends comfort and convenience. Just steps from Whole Foods, LA Live, the Crypto.com Arena, and popular dining and shopping spots like Zara and Target, this is your chance to enjoy summer in the city with the warmth and ease of home.

Nearby schools

5/10
Ninth Street School
Public,K-51.0mi
3/10
John H. Liechty Middle School
Public,6-81.0mi
3/10
Belmont Senior High School
Public,9-121.4mi

Price History

Date
Event
Price
03/06/18
Sold
$618,000
05/03/10
Sold
$358,000
07/05/07
Sold
$465,500
Condition Rating
Good

Built in 2007, this property is 18 years old, fitting the 'Good' category's age range. The unit is move-in ready with no immediate renovations required. The kitchen features modern stainless steel appliances and contemporary dark wood cabinetry, all in good condition. The bathroom boasts a modern double vanity and appears well-maintained. Hardwood flooring throughout the main living areas and bedroom, along with tile in the bathroom, are in good condition. The overall aesthetic is a clean, modern loft style, indicating well-maintained systems and minimal wear and tear.
Pros & Cons

Pros

Prime Downtown LA Location: Situated in the vibrant South Park district, offering unparalleled walkability to major attractions like LA Live, Crypto.com Arena, Whole Foods, and diverse dining/shopping options.
Exceptional Building Amenities: The Luma South Lofts provide a resort-style living experience with a 24/7 concierge/security, state-of-the-art fitness center, pool, spa, and grilling areas.
Modern Loft Design & Features: Boasts stylish loft elements including soaring ceilings, floor-to-ceiling windows for abundant natural light, a spacious walk-in closet, and in-unit laundry.
Private Balcony with Serene Views: Features a rare private balcony offering tranquil views of lush treetops and the building's pool, creating a peaceful urban oasis.
LEED Gold Certified & Well-Maintained: The building's LEED Gold certification highlights its energy efficiency and sustainable design, complemented by its reputation for being beautifully maintained.

Cons

High Monthly HOA Dues: The association fee of $858.07 is substantial, potentially impacting affordability and buyer interest despite including some major utilities.
Limited Bedroom Count: As a 1-bedroom, 1-bath unit, it caters to a narrower demographic, primarily singles or couples, which may limit its market appeal compared to units with more bedrooms.
Recent Price Reduction: The property has undergone a price reduction from its original list price, which could suggest a longer market time or initial overpricing, potentially raising buyer questions.

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