$625,000

The Promenade Residences 121 S Hope St Unit 318 Floor 1 Los Angeles, CA 90012

Downtown LA Neighborhood

Estimated payment $5,189/month

Total Views 3,684
2 Beds
2 Baths
1,227 Sq Ft
$509 Price per Sq Ft

Highlights

  • Concierge
  • Gated Parking
  • 1.54 Acre Lot
  • Fitness Center
  • City Lights View
  • 5-minute walk to Grand Park

About This Home

CENTRAL Location between 101 and 110 Freeway. First floor walking distance to restaurants such as Bak's Kitchen, Subway Sandwich, Au Lac Vegan, Cafe Persona. Short distance to World Famous Walt Disney Concert Hall, The Board Museum, Dorthy Chandler Pavilion. Building has 24 Hours Security, Swimming Pool, Spa, Gym with Cable TV. Both bedrooms have ccess to patio with view of The Promenades Court Yard.

Listing Agent

Chandra Kusmanto

Exp Realty of California Inc Brokerage Email: Chandra@KusmantoTeam.com License #01714745 Listed on: 08/29/2025

Exp Realty of California Inc

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1980

HOA Fees

  • $1,220 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Gated Parking
  • Assigned Parking
  • Community Parking Structure

Property Views

  • City Lights
  • Courtyard

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,227 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 34076
  • Assessor Parcel Number 5151002089
  • $271 per year additional tax assessments

Community Details

Overview

  • 440 Units
  • Promenade Owners Association, Phone Number (805) 800-7825
  • Promenade HOA

Amenities

  • Concierge
  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Park

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,220 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR5
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5151002089
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1227.00 Square Feet
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 509.37
  • Room Type: Family Room, Kitchen, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Walk-In Closet

Exterior Features

  • View: City Lights, Courtyard
  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Gated
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Barbecue, Tennis Court(s), Gym/Ex Room, Concierge, Management, Guard, Security
  • Association Fee: 1220.00
  • Association Fee Frequency: Monthly
  • Association Name: Promenade Owners Association
  • Phone: (805)800-7825
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Park, Sidewalks, Street Lights
  • Association Management: Promenade HOA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 67210.00
  • Lot Size Acres: 1.5429

Multi Family

  • Lease Considered: No
  • Lot Size Area: 67210.0000 Square Feet
  • Number Of Units In Community: 440
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2075.01
  • Tax Lot: 1
  • Tax Tract Number: 34076
  • TaxOtherAnnualAssessmentAmount: 271.00

Map

About The Promenade Residences

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,169 $671,313 $366,150 $305,163
2024 $8,169 $658,151 $358,971 $299,180
2023 $8,010 $645,247 $351,933 $293,314
2022 $7,637 $632,596 $345,033 $287,563
2021 $7,535 $620,193 $338,268 $281,925
2019 $7,308 $601,800 $328,236 $273,564
2018 $7,296 $590,000 $321,800 $268,200
2016 $6,890 $567,000 $227,000 $340,000
2015 $6,421 $528,000 $211,000 $317,000
2014 $5,876 $471,000 $188,000 $283,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2025 08/29/25 For Sale $625,000 +5.9% $509 / Sq Ft
10/24/2017 10/24/17 Sold $590,000 -4.7% $481 / Sq Ft View Prior Sale
09/13/2017 09/13/17 Price Changed $619,000 -4.6% $504 / Sq Ft
08/17/2017 08/17/17 For Sale $649,000 0.0% $529 / Sq Ft
08/31/2015 08/31/15 Rented $2,900 0.0% --
07/15/2015 07/15/15 For Rent $2,900 +16.0% --
05/17/2013 05/17/13 Rented $2,500 -3.8% --
05/17/2013 05/17/13 Under Contract -- -- --
04/16/2013 04/16/13 For Rent $2,600 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $590,000 Fidelity National Title Co
Grant Deed -- Fidelity National Title
Grant Deed $605,000 Fidelity National
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $413,000 Adjustable Rate Mortgage/ARM
Previous Owner $504,000 Purchase Money Mortgage
Previous Owner $200,000 Seller Take Back
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR25195483

California Regional Multiple Listing Service (CRMLS)

APN: 5151-002-089

California Los Angeles County Los Angeles 90012 Downtown LA

121 S Hope St Unit 318, Los Angeles, CA

For Sale

Condos

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Chandra Kusmanto
Listing Agent
Chandra Kusmanto
Section Image
Exp Realty of California Inc
(626) 675-9003