| Primary address | 121 South Hope Street, Los Angeles |
| Alternate address(es) | 700 W 1st St 702 W 1st St 704 W 1st St |
| Zip code | 90012 |
| County | Los Angeles |
| Municipality | Los Angeles |
| Neighborhood | Downtown Los Angeles |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Current property tax | $19,832 |
| Building sqft | 26,282 |
| Building class | Multi-Family |
| Acreage | 1.199
|
| Units | 139 |
| Year built | 1980 |
| Zoning district | Register |
| Weed hazard | No |
| School district | Los Angeles Unified School District |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab. For more property insights, including its Energy Star score, its Existing Buildings Energy and Water Efficiency Program (EBEWE) status, and additional energy and water usage data, create an account.
Property reports include comprehensive occupancy, improvement and development information (where available).
Create a free account to access valuable data points such as:
121 South Hope Street, Los Angeles, CA 90012 was built in 1980 and has a total of 26,282 square feet.
What is the assessed value of 121 South Hope Street, Los Angeles, CA 90012 and the property tax paid?Assessed at $1,257,293, the tax amount paid for 121 South Hope Street, Los Angeles, CA 90012 is $14,929.
When was 121 South Hope Street, Los Angeles, CA 90012 last sold?121 South Hope Street, Los Angeles, CA 90012 was last sold in 04/01/2022.
How many residential units does this building have?This building has 139 residential unit(s). There are 1 active listings at this address.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
| Listing type | For Lease |
|---|---|
| Listing date | 08/11/2025 |
| Last updated | 05/19/2026 |
| Lot size | 1.199 Acre |
This property is located on the CORNER OF 1ST/HOPE ST right across the street from the DWP Building, Disney Hall, Music Center, and a block away from the mega Frank Gehry development, The Grand! This property is also a short walk to the soon to be completed new subway station! The property is a residential condo building upstairs known as the Promenade Towers and the retail below where the space is available is known again as the Promenade Plaza. Share the plaza with a great tenant mix including a Subway, a cafe, an acupuncture & herbal medicine office, a nail salon, a physical therapist and two restaurants! Retail tenants have 24/7 access to the space and plaza. There’s a ON-SITE PARKING garage for the building as well where people can park for a daily or monthly fee. It is also possible for retail tenants to validate their customers parking as well!
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| Corner Retail Space | Retail | $24/Sqft/Year | 2,733 | Donegan McCuaig (213) 304-4727 |
Create a free account to view the complete sales history for 121 South Hope Street, Los Angeles, including title documents, transfer conditions, mortgages and liens.
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.
R: Recorded date
D: Document date
Access detailed property tax data for 121 South Hope Street, Los Angeles, CA 90012. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Base tax | $14,929 |
| Current property tax | $19,832 |
| Market value | $1,257,293 |
Abatements, financial assistance programs and non-ad valorem taxes levied as special taxes/direct assessments are applicable for this property.
| Code | Description | Tax levied |
|---|---|---|
| 18851 | Los Angeles City Light Maintenance | Register |
| 03071 | Los Angeles County Flood Control | Register |
| 18875 | Los Angeles Downtown Center (Downtown Bid) | Register |
| 18850 | Los Angeles Landscape & Lighting Dist #96-1 | Register |
| 18869 | Los Angeles-Stormwater Pollution Abatement | Register |
Here's the assessment & property tax history for 121 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 | $1,257,293 | 1.1874 | $14,929 | +0.95% |
| 2024-2025 | $1,232,641 | 1.1997 | $14,788 | +2.03% |
| 2023-2024 | $1,208,473 | 1.1994 | $14,494 | +4.97% |
| 2022-2023 | $1,184,779 | 1.1655 | $13,809 | +1.15% |
| 2021-2022 | $1,161,549 | 1.1752 | $13,651 | -1.06% |
The complete history of permits filed for 121 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.
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 County.
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| Total population | 37,336 |
| Median age | 36.7 |
| Average household income | $100,896 |
| Family households | 34.6% |
| Occupied housing units | 15,624 |
| Owner occupied units | 7.5% |
| People per household (average) | 1.88 |
| Median year structure built | 1988 |
| Median value for units with a mortgage | $683,000 |
| Median value for units without a mortgage | $717,100 |
Create a free account to unlock extended information for 121 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 | Register |
| Landslides and liquefaction map | Register |
Access the detailed traffic volume map for 121 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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Here are the neighbors for 121 South Hope Street, Los Angeles.