Los Angeles County  »  888 S Hope St

888 South Hope Street, Los Angeles, CA 90017 Property Information

888 South Hope Street, Los Angeles, CA 90017 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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888 South Hope Street, Los Angeles, CA 90017
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Address

Primary address 888 South Hope Street, Los Angeles
Alternate address(es) 517 1/2 W 9th St
517 W 9th St
519 W 9th St
Zip code 90017
County Los Angeles
Municipality Los Angeles
Neighborhood Downtown Los Angeles

Sales & Tax Overview for 888 South Hope Street, Los Angeles

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 03/05/2024
Sale price $186,000,000
Arm's length
Current property tax $4,250,777

Lot & Building Information for 888 South Hope Street, Los Angeles

Building sqft 535,991
Building class Store & Residential Combination - One Story (1210)
Acreage 1.391
Units 525
Year built 2018
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Weed hazard No
School district Los Angeles Unified School District

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Other Property Data for 888 South Hope Street, Los Angeles

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About 888 South Hope Street, Los Angeles

How many sq. ft. does 888 South Hope Street, Los Angeles, CA 90017 have & what is the price per sq. ft?

This Store & Residential Combination - One Story (1210) located at 888 South Hope Street, Los Angeles, CA 90017 has a total of 535,991 square feet and a current price per square foot of $347.

What is the year built & the current market value of 888 South Hope Street, Los Angeles, CA 90017?

888 South Hope Street, Los Angeles, CA 90017 was built in 2018 and has a current tax assessor's market value of $346,977,664.

How many commercial spaces does this building have?

This building has 525 commercial spaces available for lease.

Ownership Information

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Past Sales & Property History for 888 South Hope Street, Los Angeles

Create a free account to view the complete sales history for 888 South Hope Street, Los Angeles, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
03/05/2024 $186,000,000

Title Documents for 888 South Hope Street, Los Angeles

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Maturity Document Doc image
03/05/2024 Financing Statement
03/05/2024 Assignment of Rents
03/05/2024 Grant Deed
(Sale for consideration - full DTT - Single parcel sale)
03/05/2024 Termination Financing Statement
03/05/2024 Reconveyance
Substitution Trustee
09/22/2022 Agreement
Subordination
09/22/2022 Agreement
Subordination
09/22/2022 Agreement
Subordination
09/22/2022 Agreement
Subordination
09/22/2022 Modify Assignment of Rents
Modify Financing Statement
Modify Trust Deed
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R: Recorded date
D: Document date

Property Taxes for 888 South Hope Street, Los Angeles

Access detailed property tax data for 888 South Hope Street, Los Angeles, CA 90017. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Base tax $4,120,013
Current property tax $4,250,777
Market value $346,977,664

Special Assessments And Penalties for 888 South Hope Street, Los Angeles

Special Assessments

Abatements, financial assistance programs and non-ad valorem taxes levied as special taxes/direct assessments are applicable for this property.

Code Description Tax levied
00194 Health License Fees
03694 La County Regional Park And Open Space District
18851 Los Angeles City Light Maintenance
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs

Assessment History for 888 South Hope Street, Los Angeles

Here's the assessment & property tax history for 888 South Hope Street, Los Angeles, including the evolution of the total tax rate and corresponding property tax.

Year Assessment value Total tax rate Property tax Year over year change
2025-2026 $346,977,664 1.1874 $4,120,013 +0.85%
2024-2025 $340,536,447 1.1997 $4,085,416 -10.75%
2023-2024 $381,637,998 1.1994 $4,577,366 +4.78%
2022-2023 $374,804,286 1.1655 $4,368,344 +1.06%
2021-2022 $367,796,412 1.1752 $4,322,343 -1.17%

Permits for 888 South Hope Street, Los Angeles

The complete history of permits filed for 888 South Hope Street, Los Angeles, including new construction or demolition permits, complaints, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Issued Permit Type Sub type Valuation Expires Status
02/26/2026
03/21/2025
03/18/2024
03/18/2024
02/16/2024
02/01/2024
12/21/2023
12/21/2023
12/21/2023
11/20/2023
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Los Angeles residential market stats

Median Sale Price
$1,000,000
1% YoY
Median Price/Sqft
$663
1.5% YoY
Los Angeles County Median Sale Price
$872,000
0.2% YoY

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Demographics by Zip Code

Total population 30,172
Median age 33.3
Average household income $72,581
Family households 38.1%
Occupied housing units 14,606
Owner occupied units 5.7%
Average number of people per household 2.02
Median year structure built 1991
Median value for units with a mortgage $666,400
Median value for units without a mortgage $886,900

Risk

Create a free account to unlock extended information for 888 South Hope Street, Los Angeles, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).

FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Faults and tsunami inundation zone map
Landslides and liquefaction map
Earthquake-induced liquefaction area

Transportation

Access the detailed traffic volume map for 888 South Hope Street, Los Angeles to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Neighbors for 888 South Hope Street, Los Angeles

Here are the neighbors for 888 South Hope Street, Los Angeles.

Address Square feet Purchase date Purchase price
736 Crocker St, Los Angeles 6,336 04/17/2019
222 S Main St, Los Angeles 223,783 07/11/2019 $105,180,000
1925 Wilshire Blvd, Los Angeles 61,703
811 S Carondelet St, Los Angeles 29,351 08/23/2013 $1,125,000
401 S Grand View St, Los Angeles 09/10/2013 $1,625,000
830 Traction Ave, Los Angeles 31,500
1249 S Grand Ave, Los Angeles 98,683 10/28/2013 $3,250,000
1120 W 6th St, Los Angeles 326,068 09/27/2019 $272,500,000
772 S Ceres Ave, Los Angeles 8,340 11/19/2021 $3,830,500
1200 S Grand Ave, Los Angeles 311,717 12/30/2024 $122,000,000
768 S Ceres Ave, Los Angeles 8,340 11/19/2021 $3,830,500
221 S Grand Ave, Los Angeles 109,973 07/28/2016 $300,000
1331 W 7th St, Los Angeles 92,810 02/20/2013 $2,300,000
1245 Wilshire Blvd, Los Angeles 197,910 12/23/2024
637 Lucas Ave, Los Angeles 176,395 12/23/2024
1243 S Olive St, Los Angeles 279,351 01/21/2021 $121,000,000
1026 S Broadway, Los Angeles 277,250 06/11/2014
615 S Wall St, Los Angeles 289 07/01/2014
240 E 6th St, Los Angeles 81,800 07/01/2014
2300 W Valley St, Los Angeles 26,319 05/23/2025 $6,048,000

Nearby ZIP Codes for 888 South Hope Street, Los Angeles

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