$795,000

The Promenade Residences 121 S Hope St Unit 408 Los Angeles, CA 90012

Downtown LA Neighborhood

Estimated payment $6,484/month

Total Views 779
2 Beds
2 Baths
1,519 Sq Ft
$523 Price per Sq Ft

Highlights

  • Fitness Center
  • Private Pool
  • Wood Flooring
  • 24-Hour Security
  • City Lights View
  • 5-minute walk to Grand Park

About This Home

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.

Listing Agent

Becky Koppenhaver

COMPASS License #02053145 Listed on: 09/25/2025

COMPASS

Co-Listing Agent

Jamie Bridgers

COMPASS License #02097470

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,501

Year Built

  • Built in 1980

Lot Details

  • Two or More Common Walls
  • Fenced
  • Fence is in excellent condition
  • Sprinkler System

HOA Fees

  • $1,311 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Guest Parking
  • Assigned Parking

Home Design

  • Turnkey

Interior Spaces

  • 1,519 Sq Ft Home
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • City Lights Views
  • Laundry Room

Kitchen

  • Gas and Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Home Security

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Living Room Balcony
  • Concrete Porch or Patio
  • Exterior Lighting

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 5151002113
  • Seller Considering Concessions

Community Details

Overview

  • The Promenade Owners Association, Phone Number (213) 617-8121
  • Grand

Amenities

  • Laundry Facilities
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Park

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • 24-Hour Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,501

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,311 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Park Name: Grand
  • Property Attached: Yes
  • Security: 24 Hour Security, Smoke Detector(s)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5151002113
  • Year Built: 1980
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1519.00 Square Feet
  • Interior Amenities: Living Room Balcony, Unfurnished, Balcony
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Levels: One
  • Price Per Square Foot: 523.37
  • Room Type: Living Room, Kitchen, Sun, Primary Bedroom
  • Spa Features: Community
  • Bathroom Features: Walk-In Shower

Exterior Features

  • Patio: Yes
  • View: City Lights
  • Fence: Yes
  • Fencing: Excellent Condition
  • Patio And Porch Features: Concrete
  • Pool Features: Community
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, On Site, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas & Electric Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Gym/Ex Room, Pets Permitted, Water, Trash, Spa/Hot Tub, Pool, Storage, Pet Rules
  • Association Fee: 1311.00
  • Association Fee Frequency: Monthly
  • Association Name: The Promenade Owners Association
  • Phone: 2136178121
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Park, Urban, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: Yes

Tax Info

  • Tax Lot: 1

Map

About The Promenade Residences

Range of Values:

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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 $11,501 $950,080 $592,351 $357,729
2024 $11,501 $931,452 $580,737 $350,715
2023 $11,274 $913,189 $569,350 $343,839
2022 $10,748 $895,285 $558,187 $337,098
2021 $10,608 $877,732 $547,243 $330,489
2019 $10,287 $851,700 $531,012 $320,688
2018 $4,433 $346,894 $81,180 $265,714
2016 $4,229 $333,426 $78,029 $255,397
2015 $4,163 $328,418 $76,857 $251,561
2014 $4,183 $321,986 $75,352 $246,634
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/24/2025 09/24/25 For Sale $795,000 0.0% $523 / Sq Ft
06/25/2025 06/25/25 Price Changed $4,300 -4.4% $3 / Sq Ft
05/20/2025 05/20/25 For Rent $4,500 0.0% --
06/05/2018 06/05/18 Sold $835,000 -2.8% $550 / Sq Ft View Prior Sale
05/01/2018 05/01/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $859,000 -- $566 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Grant Deed $835,000 Provident Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $235,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $562,500 New Conventional
Previous Owner $137,000 No Value Available
Previous Owner $166,500 Purchase Money Mortgage
Source: Public Records

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-24266

Pasadena-Foothills Association of REALTORS®

APN: 5151-002-113

California Los Angeles County Los Angeles 90012 Downtown LA

121 S Hope St Unit 408, Los Angeles, CA

This home is located at 121 S Hope St Unit 408, Los Angeles, CA 90012 and is currently priced at $795,000, approximately $523 per square foot. This property was built in 1980. 121 S Hope St Unit 408 is a home located in Los Angeles County with nearby schools including Castelar Elementary School, Sal Castro Middle School, and Ramón C. Cortines School of Visual and Performing Arts.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Listing Agent
Becky Koppenhaver
Section Image
COMPASS
(323) 640-2876