tomo logo

$560,000

Beds
1
Baths
1.0
sq ft
870

1100 S Hope St Unit 405, Los Angeles, CA 90015

1100 S Hope St Unit 405

Los Angeles, CA 90015

  • 4 days on market
Before you do anything else click on the virtual tour! This rare amenities level unit completely remodeled features: completely remodeled kitchen/cabinets/ backsplash, brand new flooring, upgraded kitchen appliances, upgraded marble counter tops, reconfigured bathroom cabinets, full size washer/dryer units & the option of installing an E.V. charging station! With only 8 available in the entire building the private patio is a premium. The floor to ceiling windows, plenty of natural light, 10 foot ceilings & Deeded Parking makes this a one of a kind. A walk score of 95 and transit score of 100, this unit is walking distance to the PICO Metro stop, Nokia Center, Staples Center, L.A. Live, Whole Foods, Ralph's, 7th & Fig & many other destinations in Downtown. 24/7 front desk service, 24/7 security, on site management, heated pool, Jacuzzi, secured parking and gym.

Details

Property type

Condominium

Est. home value

$556,324

Lot size

0.9462 acres

Price per sq ft

$644

Year built

2007

Monthly HOA fee

$891

Price History

12/30/2024
CLAW

CLAW #24474849

Listed
$560,000
+4.67%
04/11/2023
CLAW

CLAW #23246055

Sold
$535,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$122,627
Asking price
$560,000
Closing costs (~8% of asking)
-$44,800
Est. remaining loan balance
-$392,573
Cash to seller
$122,627

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

March 2023

Original loan amount

$401,250

Est. remaining balance

$392,573

Interest rate

6.09%

Loan type

New Conventional, 30 year

Seller

Prada Singh

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/02/2025 at 7:50 PM

Listing updated: 12/30/2024 at 6:46 PM

Listed by: Abraham Hernandez, Loftway Phone #: (888) 505-6387

MLS: CLAW #24474849

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