Los Angeles County  »  90015  »  S Hope St  »  1246 S Hope St

1246 South Hope Street, Los Angeles, CA 90015 - Property report

Also known as: 1246 S Hope St

Property image for 1246 South Hope Street, Los Angeles, CA 90015
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Property type

Hotel - 50 Rooms and Over - One Story (1810)

Year built

1914

Acreage

0.324

Sale price

$11,900,000

General Information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
1246 S Hope St
Los Angeles, CA 90015
Zip code
90015
Neighborhood
Downtown Los Angeles
County
Los Angeles
Municipality
Los Angeles

Owner

Find out who owns 1246 South Hope Street, Los Angeles, CA 90015. Uncover corporate and individual owners with a free account.

Building
Property type
Hotel - 50 Rooms and Over - One Story
Building sq. ft.
49,668
Buildings on lot
1
Stories
1
Year built
1914
Last altered
1976
Sales
Sale date
12/04/2023
Sale price
$11,900,000
Arm's length
Tax
Tax year
2026-2027
Property tax
$168,850
Zoning & use
Zoning
Qualified opportunity zone
Lot
Acreage
0.324

Area overview

Walk score
94 /100.  Walker's Paradise
Transit score
99 /100.  Rider's Paradise
Bike score
84 /100.  Very Bikeable
School district
Los Angeles Unified School District
Weed hazard
No

View more such as transportation, nearby schools and risk designations. For more property insights, including its Energy Star score, Existing Buildings Energy and Water Efficiency Program (EBEWE) status, plus additional energy and water usage data, .

Ownership

Ownership information for 1246 South Hope Street, Los Angeles, CA

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 1246 South Hope Street, Los Angeles, CA 90015

Sale date Sale price Buyer name Seller name
12/04/2023 $11,900,000 XXXX XXXXXXXXXX XXXXXXXXXX XXXXXXXX XXXXX XXX
03/22/2018 $18,000,000 XXXX XXXXXXXX XXX XXXX XXXX XXXXXXX XXX; XXXX XXXXXXXX XXX
08/29/1997 $1,000,000 XXXX XXXX XX XXXXX XXXXXXXX XXXXXXX XXXX

*Most recent sales on record for this property.

More about Los Angeles County property records.

Title documents

Date Type Amount Party 1 Party 2
12/12/2023 Reconveyance XXXX XXX XXXXXXXXXX XXX XXXX XXX XXXX XXX
12/04/2023 Reconveyance XX XXXXXXXX XXXXXXX XXX XXXXXXX XXXXX XXXXXXX
12/04/2023 Grant Deed
(Sale for consideration - full DTT - Single parcel sale)		 XXXXXXXX XXXXX XXX XXXX XXXXXXXXXX XXXXXXXXXX
11/08/2021 Reconveyance
Substitution Trustee		 XXXXXXXXX XXXXXXXX XXX XXXXXXXXX XXXXXXXX XXX
07/28/2021 Reconveyance
Substitution Trustee		 XXXXXXX XXXXXXX XXXX XXXX X XX XXXXXXX XXXXXXX XXXX XXXX X XX
07/23/2021 Assignment of Lease
Assignment of Rents
Financing Statement
Trust Deed		 XXXXXXXX XXXXX XXX XXXX XXXXXXX XXX
01/07/2019 Assignment of Lease
Assignment of Rents		 XXXXXXXX XXXXX XXX XXXXXXX XXXXXXX XXXX XXXX X
01/07/2019 Assignment of Lease
Assignment of Rents
Financing Statement
Trust Deed		 XXXXXXXX XXXXX XXX XXXXXXX XXXXXXX XXXX XXXX X
03/27/2018 Reconveyance
Substitution Trustee		 XXXX XXXXXXXX XXX XXXX XXXXXXXX XXX
03/27/2018 Reconveyance
Substitution Trustee		 XXXX XXXX XXXXXXX XXX XXXX XXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1246 South Hope Street, Los Angeles, CA

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026-2027
Base tax
$168,850
Current property tax
$181,679
Recent tax assessments
Market value
$14,220,186
Land value
$11,248,804
Building value
$2,971,382

More about Los Angeles County property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Assessed value Tax rate Property tax Y-o-Y change
2025-2026 $13,927,026 1.1874 $165,370 +0.95%
2024-2025 $13,653,948 1.1997 $163,806 +2.03%
2023-2024 $13,386,225 1.1994 $160,554 +4.97%
2022-2023 $13,123,751 1.1655 $152,957 +1.16%
2021-2022 $12,866,423 1.1752 $151,206 -1.06%
2020-2021 $12,734,496 1.200129 $152,830 +6.33%
2019-2020 $12,240,000 1.174279 $143,732 +756.33%
2018-2019 $1,403,335 1.196 $16,785 +2.26%
2017-2018 $1,375,820 1.193 $16,414 +2.10%
2016-2017 $1,348,845 1.1918 $16,076 +1.51%

Special assessments & penalties for 1246 South Hope Street, Los Angeles, CA

Code Description Tax levied
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
18850 Los Angeles Landscape & Lighting Dist #96-1
18887 Los Angeles-South Park Business Improvement Dist
18869 Los Angeles-Stormwater Pollution Abatement
00177 Safe Clean Water Program Funding Measure W
06111 West Vector Mosquito
Permits

Permit information for 1246 South Hope Street, Los Angeles, CA

Issued date Permit number Permit type Sub type Valuation Expire date Status
08/04/2004
06/28/2004
06/28/2004
06/28/2004
07/28/2003

*Most recent permits on record for this property.

More about Los Angeles County property records

Neighborhood

Los Angeles residential market stats

Access a detailed real estate market overview of Los Angeles so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Los Angeles and compare it to other neighborhoods in Los Angeles.

Median sale price

$995,000

-3.7% Y-o-Y

Median price/sq. ft.

$650

-3.8% Y-o-Y

Los Angeles county median sale price

$870,000

-0.6% Y-o-Y

Check out recently sold homes in Los Angeles and see how their prices compare.

Demographics by ZIP code

Total population
24,704
Median age
32.9
Average household income
$106,533
Family households
32.0%
People per household (average)
1.82
Occupied housing units
13,366
Owner-occupied units
11.4%
Median year structure built
2004
Median value mortgaged units
$1,005,700
Median value unmortgaged units
$596,400

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones
0.2, X
Earthquake-induced liquefaction area
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map
Crime incidents map

Transportation

Daily traffic map
View daily traffic map

Access the detailed traffic volume map for 1246 South Hope Street, Los Angeles, CA 90015 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Neighbors for 1246 South Hope Street, Los Angeles, CA

1150 S Hope St, Los Angeles 1201 S Grand Ave, Los Angeles 1201 S Olive St, Los Angeles 1244 S Grand Ave, Los Angeles 1220 S Olive St, Los Angeles 1220 S Hope St, Los Angeles 1144 S Hope St, Los Angeles 1205 S Olive St, Los Angeles 1200 S Olive St, Los Angeles 1240 S Hill St, Los Angeles 1209 S Grand Ave, Los Angeles 1140 S Hope St, Los Angeles 1201 S Hill St, Los Angeles 1210 S Hope St, Los Angeles 1105 S Olive St, Los Angeles 1224 S Hope St, Los Angeles 1155 S Olive St, Los Angeles 430 W 12th St, Los Angeles 1225 S Grand Ave, Los Angeles 1130 S Hope St, Los Angeles

Nearby ZIP codes for 1246 South Hope Street, Los Angeles, CA

90010, Los Angeles County, CA 90011, Los Angeles County, CA 90013, Los Angeles County, CA 90014, Los Angeles County, CA 90018, Los Angeles County, CA 90020, Los Angeles County, CA 90021, Los Angeles County, CA 90057, Los Angeles County, CA 90062, Los Angeles County, CA 90071, Los Angeles County, CA 90079, Los Angeles County, CA

Frequently asked questions

What is the year built for 1246 South Hope Street, Los Angeles, CA 90015?

The development at 1246 South Hope Street, Los Angeles, CA 90015 was built in 1914.

What is the market value of 1246 South Hope Street, Los Angeles, CA 90015?

The current market value of 1246 South Hope Street, Los Angeles, CA 90015 is $13,927,026.

What is the total square footage of 1246 South Hope Street, Los Angeles, CA 90015?

1246 South Hope Street, Los Angeles, CA 90015 has a total of 49,668 square feet.

What is the price per square foot for this property?

$239 per square foot is the price for 1246 South Hope Street, Los Angeles, CA 90015.

Disclaimer

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