ActiveCondominium

1100 S Hope Street 516

Los Angeles, CA, 90015

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$1,250,000

MLS: 25607497

Beds

2

Baths

3

Sq Ft

1,650

Lot

0.95 ac

Year Built

2007

MLS #

25607497

Days on Market

105

Listed

Nov 7, 2025

Description

RARE north-west facing turnkey 2 bedroom, 2.5 bath corner unit available at LUMA Lofts. Fully remodeled. Sleek modern kitchen with quartz counters and stainless-steel appliances, upgraded baths, and brand new flooring. An expansive open layout concept with floor-to-ceiling windows floods the home with natural light and city views. The split-bedroom design ensures privacy and comfort. Enjoy the convenience of two assigned parking spaces with an EV charger in a secure, gated garage. LUMA's LEED-Certified lifestyle offers resort-caliber amenities: a 24-hour concierge and security, pool and spa, fitness center, and an outdoor lounge with BBQ area perfect for entertaining. Steps from the best of LA's Social District: Crypto.com Arena, amazing restaurants, Whole Foods, local safety ambassadors, LA Live, and more. Experience luxury, location, and lifestyle at its finest.

Location

Los Angeles, Los Angeles County, CA 90015

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Listed by: Phillip Lee · Hera Inc.

Payment estimate

$8,983

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $125,000 · Loan: $1,125,000

%
Principal & Interest
$6,912
Property tax (1.25%)
$1,302
Homeowners insurance
$300
Mortgage insurance
$469
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Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $43,750 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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