121 S Hope Street 408
Los Angeles, CA, 90012
$770,000
MLS: P1-27188
Beds
2
Baths
2
Sq Ft
1,519
Lot
—
Year Built
1980
MLS #
P1-27188
Days on Market
32
Listed
May 15, 2026
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: Jamie Bridgers · COMPASS
Payment estimate
$7,091
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $77,000 · Loan: $693,000
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,389
- Property tax (1.25%)
- $802
- Homeowners insurance
- $300
- Mortgage insurance
- $289
- HOA dues
- $1,311
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $26,950 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.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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