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121 S Hope Street 431, Los Angeles, California 90012, Los Angeles, 90012 - 2 bed, 2 bath

121 S Hope Street 431, Los Angeles, California 90012 home-pic-0
ACTIVE$725,000
121 S Hope Street 431, Los Angeles, California 90012
2Beds
2Baths
1,252Sqft
67,210Lot
Year Built
1980
Close
-
List price
$725K
Original List price
$725K
Price/Sqft
$579
HOA
$1,311
Days on market
-
Sold On
-
MLS number
25564237
Home ConditionGood
Features
Good View: City Lights, Park/Greenbelt
Pool
Spa
ViewCity Lights,Park/Greenbelt

About this home

We found 3 Cons,5 Pros. Rank: price - $725.0K(81th), sqft - 1252(77th), beds - 2(50th), baths - 2(50th).

SOPHISTICATED AND BEAUTIFULLY REMODELED 2-BEDROOM, 2-BATH RESIDENCE IN A PREMIER FULL SERVICE BUILDING LOCATED IN HIGH DEMAND AREA. THIS ELEVATED UNIT SHOWCASES FRESH DESIGNER PAINT, BRAND-NEW STAINLESS STEEL APPLIANCES, A PRIVATE BALCONY WITH SWEEPING CITY VIEWS, AND A SPACIOUS WALK-IN CLOSET. ENJOY RESORT-STYLE AMENITIES INCLUDING A SPARKLING POOL, SPA, SAUNA, DOG RUN, COMMUNITY ROOM, 24-HOUR SECURITY, AND AMPLE GUEST PARKING. LOCATED MOMENTS FROM ICONIC CULTURAL AND ENTERTAINMENT DESTINATIONSCIVIC CENTER, CRYPTO.COM ARENA, LITTLE TOKYO, AND CHINATOWNWITH CONVENIENT ACCESS TO WHOLE FOODS, RALPHS FRESH FARE, AND THE METRO. QUICK FREEWAY ACCESS TO THE 10, 101, 5, 60 & 110 MAKES THIS A RARE URBAN OFFERING IN THE HEART OF DOWNTOWN LA.

Price History

Date
Event
Price
09/02/25
Listing
$725,000
Condition Rating
Good
The property, built in 1980, has been 'beautifully remodeled' with 'fresh designer paint' and 'brand-new stainless steel appliances,' as stated in the description. The images confirm these updates, showcasing modern stainless steel appliances, white shaker-style cabinets, and updated bathroom vanities with contemporary light fixtures. While the kitchen's tile countertops and the unit's tile flooring are clean and well-maintained, they are not the most current design trend, suggesting the extensive renovation falls within the 5 to 15-year timeframe rather than being brand new. The unit is move-in ready with no immediate renovations required, aligning perfectly with a 'Good' condition score.
Pros & Cons

Pros

Remodeled & Modern Interior: The residence is beautifully remodeled with fresh designer paint and brand-new stainless steel appliances, offering a sophisticated and move-in ready living space.
Premier Full-Service Building Amenities: Located in a premier full-service building, residents enjoy resort-style amenities including a pool, spa, sauna, dog run, community room, 24-hour security, and ample guest parking.
Prime Downtown LA Location: Situated in a high-demand area in the heart of Downtown LA, offering immediate access to iconic cultural/entertainment destinations, essential services (Whole Foods, Ralphs), and excellent public transit/freeway access.
Sweeping City Views & Private Balcony: The elevated unit features a private balcony with sweeping city views, enhancing the living experience and providing an attractive outdoor space.
Spacious Layout & Storage: With 1252 sqft for a 2-bedroom, 2-bath unit, it offers a comfortable living area, complemented by a spacious walk-in closet for ample storage.

Cons

High Monthly Association Fee: The association fee of $1311.0 is substantial and represents a significant ongoing monthly expense, which could impact affordability for some buyers.
Building Age: Built in 1980, the building is over 40 years old. While the unit is remodeled, the age of the overall structure could lead to potential future maintenance costs or special assessments for common areas.
Urban Environment Drawbacks: Being in the heart of Downtown LA, the property may be subject to higher noise levels and traffic, which might not appeal to buyers seeking a quieter, less dense living environment.

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