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1100 S Hope St 1113, Los Angeles, CA 90015

Sale Price: $495,000
Mar 27, 2025746 sqft1 beds1 baths
Listed by: Rasmus Ray Lee
License #: 01490488
Phone #: 213-995-5055
Premier Real Estate Broker, Inc.
Source:
CRMLS Logo
MLS #: 25517705

Property Description

FANTASTIC OPPORTUNITY! This unit is a beautiful East facing "soft loft" condo in Luma, DTLA's premier living... with great views, from floor-to-ceiling windows & sliding door "Juliette"! HARDWOOD FLOORS WERE JUST SANDED, STAINED, AND FINISHED; KITCHEN & BATHROOM CABINETS WERE JUST RESURFACED; WALLS WERE JUST REPAINTED; AND NEW CEILING LIGHT FIXTURES INSTALLED! The unit features stainless steel appliances, and washer & dryer inside. LUMA is a Gold LEED-certified Green building (benefits incl. low electricity bills). The building is FHA/VA approved, as well as for conventional financing. Property has an ASSUMABLE VA LOAN @ APPROX. $445,000 BALANCE @ 3.750% INTEREST. Amenities incl. 24/7 doorman & security, gym, pool/spa/sun-deck on a 1/2 acre outdoor community terrace with BBQ, fireplace, and lounge chairs. Neighborhood amenities incl. popular Prank Bar on the ground floor of the building and mere steps to The Moxy, Level 8, Javier's, Mastro's, Starbucks, Orange Theory, South Park Pharmacy & Grocery, Crypto.com Arena, LA Live, Regal Cinemas, Ralph's, Whole Foods, and an abundant restaurant and mixology bar scene. This is a GREAT time to live & invest in Downtown LA: U.S. SUPREME COURT HAS RULED THAT CITIES CAN BAN HOMELESS ENCAMPMENTS & BILLIONS of dollars are going into DTLA development projects in preparation for the 2026 FIFA World Cup and 2028 Summer Olympics, incl. newly paved streets everywhere, plus exciting new construction in the neighborhood. AGENTS SEE PRIVATE & SHOWING REMARKS!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$7,308

TurboHome Estimated Value

$493,100

$661 sqft

High Valuation
$517,755
$694/sqft
Normal Valuation
$493,100
$661/sqft
Low Valuation
$468,445
$628/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$661/sqft$493,100

Neighborhood: South Park

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Comparative Value

$495K

$499K

$510K

$549K

$560K

1100 S Hope St 1113, Los Angeles, CA 90015

Sale Price: $495,000

Selected Comparable

1155 S Grand Ave 1211, Los Angeles, CA 90015

Sale Price: $495,000

Selected Comparable

1100 S Hope St 1113, Los Angeles, CA 90015

List Price: $499,000

Subject Property

1100 S Hope St 1513, Los Angeles, CA 90015

Sale Price: $510,000

Selected Comparable

1100 S Hope St 1103, Los Angeles, CA 90015

Sale Price: $549,000

Selected Comparable

1050 S Grand Ave 1106, Los Angeles, CA 90015

Sale Price: $560,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1100 S Hope St 1113, Los Angeles, CA 90015

1100 S Hope St 1113, Los Angeles, CA 90015

List: $499,000

Listed: 3/27/2025

Area:746 sqft
Price/sqft:$669
Beds:1
Baths:1
Year Built:
Lot Size:41,205

Comparable Properties

COMPARABLE
Choose comps
1100 S Hope St 1113, Los Angeles, CA 90015

1100 S Hope St 1113, Los Angeles, CA 90015

Sale: $495,000

7/16/20250.00 mi

Area:746 sqft
Price/sqft:$664
Beds:1
Baths:1
Year Built:
Weight:21.7%
1050 S Grand Ave 1106, Los Angeles, CA 90015

1050 S Grand Ave 1106, Los Angeles, CA 90015

Sale: $560,000

7/31/20250.09 mi

Area:650 sqft
Price/sqft:$862
Beds:1
Baths:1
Year Built:
Weight:20.0%
1100 S Hope St 1513, Los Angeles, CA 90015

1100 S Hope St 1513, Los Angeles, CA 90015

Sale: $510,000

11/4/20240.00 mi

Area:746 sqft
Price/sqft:$684
Beds:1
Baths:1
Year Built:
Weight:19.7%
1100 S Hope St 1103, Los Angeles, CA 90015

1100 S Hope St 1103, Los Angeles, CA 90015

Sale: $549,000

7/14/20250.00 mi

Area:870 sqft
Price/sqft:$631
Beds:1
Baths:1
Year Built:
Weight:19.5%
1155 S Grand Ave 1211, Los Angeles, CA 90015

1155 S Grand Ave 1211, Los Angeles, CA 90015

Sale: $495,000

9/27/20240.06 mi

Area:760 sqft
Price/sqft:$651
Beds:1
Baths:1
Year Built:
Weight:19.2%

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