Active

121 S Hope Street 4

Los Angeles, CA, 90012

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$700,000

MLS: 25610807

Beds

2

Baths

3

Sq Ft

1,419

Lot

1.54 ac

Year Built

1980

MLS #

25610807

Days on Market

167

Listed

Oct 23, 2025

Description

New Co-Ownership Opportunity: WELCOME TO THE PROMENADE, DOWNTOWN LA'S PREMIER RESIDENTIAL COMMUNITY! UNIT IS A STUNNING 2-STORY TOWNHOUSE FEATURING 2 SPACIOUS MASTER BEDROOMS, 2 FULL BATHROOMS, AND A DOWNSTAIRS HALF BATH. THE ENTRY OPENS TO A WELCOMING FOYER THAT LEADS INTO A BRIGHT, NATURALLY LIT LIVING ROOM WITH AN OPEN LAYOUT PERFECT FOR ENTERTAINMENT. THE MODERN KITCHEN IS FULLY EQUIPPED WITH STAINLESS STEEL APPLIANCES, SLEEK CABINETS, BEAUTIFUL COUNTERTOPS, AND A WALK-IN PANTRY FOR ADDED CONVENIENCE.STEP OUTSIDE TO YOUR PRIVATE PATIO, SURROUNDED BY A BEAUTIFULLY LANDSCAPED COURT YARD IDEAL FOR RELAXING OR ENJOYING OUTDOOR DINING.THE PROMENADE OFFERS AN ARRAY OF LUXURY AMENITIES INCLUDING 24-HOUR SECURITY AND CONCIERGE SERVICE, A FITNESS CENTER, POOL AND SPA, GUEST PARKING, AND TWO GATED, CONTROLLED-ACCESS PARKING SPACES FOR THE UNIT.LOCATED IN THE HEART OF THE DOWNTOWN LOS ANGELES CULTURAL DISTRICT, YOU'RE JUST STEPS FROM THE DISNEY CONCERT HALL, AHMANSON THEATRE, MARK TAPER FORUM, DOROTHY CHANDLER PAVILION, MOCA, AND GRAND PARK. WITH EASY ACCESS TO THE 110 FREEWAY AND AN ABUNDANCE OF RESTAURANTS, SHOPS, AND ENTERTAINMENT NEARBY, THIS HOME COMBINES LUXURY LIVING WITH UNBEATABLE CONVENIENCE.EXPERIENCE THE BEST OF CITY LIVING AT THE PROMENADE IS READY TO WELCOME YOU HOME!

Location

Los Angeles, Los Angeles County, CA 90012

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Listed by: Russell Chan · Wilshire Metro Realty, Inc.

Payment estimate

$5,162

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $70,000 · Loan: $630,000

%
Principal & Interest
$3,871
Property tax (1.25%)
$729
Homeowners insurance
$300
Mortgage insurance
$263
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

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 $24,500 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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