121 S Hope Street 408
Los Angeles, CA, 90012
$795,000
MLS: P1-24266
Beds
2
Baths
2
Sq Ft
1,519
Lot
—
Year Built
1980
MLS #
P1-24266
Days on Market
198
Listed
Sep 25, 2025
Description
Beautiful upgraded two bedroom and two bathroom unit in the luxurious PROMENADE COMPLEX in downtown Los Angeles. Featuring an open space living room and large balcony facing mountain and courtyard views. The primary bedroom features a spacious walk-in closet, large balcony, and arched glass ceiling sunroom/patio. 24 HR security/concierge, exercise room, pool, spa and guest parking spaces. A large storage shed in the garage provides extra storage. The building is located next door to the The Disney Concert Hall, Ahmanson Theater, Mark Taper Forum, Dorothy Chandler Pavillon, MOCA, city courthouses and Grand Park. Conveniently located near the 110 freeway and downtown restaurants and shops within walking distance. Visitors can park in the guest parking garage located behind the building off of 1st street.
Location
Los Angeles, Los Angeles County, CA 90012
Open on Google Maps ↗Listed by: Becky Koppenhaver · COMPASS
Payment estimate
$5,822
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $79,500 · Loan: $715,500
- Principal & Interest
- $4,396
- Property tax (1.25%)
- $828
- Homeowners insurance
- $300
- Mortgage insurance
- $298
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 $27,825 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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