ActiveCondominium

121 S Hope Street 431

Los Angeles, CA, 90012

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$698,000

MLS: 26664069

Beds

2

Baths

2

Sq Ft

1,252

Lot

1.54 ac

Year Built

1980

MLS #

26664069

Days on Market

28

Listed

Mar 11, 2026

Description

SOPHISTICATED AND BEAUTIFULLY REMODELED 2-BEDROOM, 2-BATH RESIDENCE IN A PREMIER FULL SERVICE BUILDING LOCATED IN HIGH DEMAND AREA. THIS ELEVATED UNIT SHOWCASES FRESH DESIGNER PAINT, BRAND-NEW STAINLESS STEEL APPLIANCES, A PRIVATE BALCONY WITH SWEEPING CITY VIEWS, AND A SPACIOUS WALK-IN CLOSET. ENJOY RESORT-STYLE AMENITIES INCLUDING A SPARKLING POOL, SPA, SAUNA, DOG RUN, COMMUNITY ROOM, 24-HOUR SECURITY, AND AMPLE GUEST PARKING. LOCATED MOMENTS FROM ICONIC CULTURAL AND ENTERTAINMENT DESTINATIONS CIVIC CENTER, CRYPTO.COM ARENA, LITTLE TOKYO, AND CHINATOWN WITH CONVENIENT ACCESS TO WHOLE FOODS, RALPHS FRESH FARE, AND THE METRO. QUICK FREEWAY ACCESS TO THE 10, 101, 5, 60 & 110 MAKES THIS A RARE URBAN OFFERING IN THE HEART OF DOWNTOWN LA.

Location

Los Angeles, Los Angeles County, CA 90012

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

Payment estimate

$5,149

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $69,800 · Loan: $628,200

%
Principal & Interest
$3,860
Property tax (1.25%)
$727
Homeowners insurance
$300
Mortgage insurance
$262
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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 $24,430 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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