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$439,900

Beds
1
Baths
1.0
sq ft
793

121 S Hope St Unit 321, Los Angeles, CA 90012

121 S Hope St Unit 321

Los Angeles, CA 90012

  • 30 days on market
    • Price drop $9,100↓
A wonderful bright and airy 1br-1ba Condo in the desirable Promenade building, situated in the heart of Downtown LA's Bunker Hill District. The unit features newer flooring throughout, newer interior paint, cozy kitchen with ample counter space and cabinetry, plus a breakfast counter that blends nicely into the living room and spacious balcony with a stunning view of the Disney Concert Hall. The spacious bedroom has a view of the Downtown landscape and also has a slider that opens to the balcony. There is central air and heat, and the unit comes with 1 assigned parking space and ample guest parking. The Promenade offers a full-service living experience with an array of amenities, including 24-hour security, concierge services, a pool, spa, fitness center, sauna, on-site management, basic cable TV, and outdoor . Don't miss out on a great Condo that is conveniently located in a vibrant DTLA neighborhood with top dining spots, the Dorothy Chandler Pavilion, The Broad, MOCA, the Ahmanson Theater, and with easy access to major freeways, the Bunker Hill metro station, Grand Central Market, Downtown LA attractions, Dodger Stadium, and Crypto Arena.

Details

Property type

Condominium

Est. home value

$519,847

Lot size

1.5399 acres

Price per sq ft

$555

Year built

1980

Monthly HOA fee

$1,128

Price History

02/20/2025
CRMLS

CRMLS #P1-20626

Price change
$439,900
-2.03%
01/27/2025
CRMLS

CRMLS #P1-20626

Listed
$449,000
-8.18%
03/14/2022
CLAW

CLAW #21105385

Sold
$489,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Sidewalks

Number of units in community: 

140

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

$59,600
Asking price
$439,900
Closing costs (~8% of asking)
-$35,192
Est. remaining loan balance
-$345,108
Cash to seller
$59,600

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 2022

Original loan amount

$366,500

Est. remaining balance

$345,108

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Dmitriy Potemkin

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: 02/26/2025 at 9:40 AM

Listing updated: 02/20/2025 at 2:54 PM

Listed by: Daniel Portillo, Daniel Portillo, eXp Realty of California, Inc. Phone #: (888) 584-9427

MLS: CRMLS #P1-20626

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