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1516 -1526 S. Hope St offers a strong blend of value, convenience, and features, with an 8/10 overall rating, competitive pricing, and standout scores for amenities and location. It also includes gated entry, an on-site manager, and an on-site laundry room, while nearby dining, parks, event hubs, coworking spaces, and utility-included rent support both social life and work-from-home needs.
Things you’ll love
Less expensiveHigh school nearbyGreat for
Social life
Work-from-home| 0+1 | Studio | 1 bath | 400 sqft | $1,125 /mo | 2 units available | **MOVE-IN SPECIAL: 2 Months Free! The advertised rent of $1,125 reflects the net effective rent with 2 months free on a 12-month lease. The concession is applied in full during the 2nd and 6th month of tenancy. Actual monthly rent is $1,350* Welcome home to this charming studio apartment offering approximately 400 sq. ft. of comfortable living space in a convenient and vibrant Downtown LA location. Perfect for those seeking an affordable and centrally located home, this residence features a functional layout with everything you need for easy city living. Apartment Features: Studio and 1 Bathroom Approximately 400 Sq. Ft. Corner Unit 1st Floor Unit Stove & Refrigerator Included Older Cabinets for Mica Countertops Lots of Natural Sunlight New Flooring Walk-In Closet Shower/Tub Bright and Efficient Floor Plan Community Amenities: -Gated Entry -Onsite Laundry Room -Onsite Manager -Professionally Managed Community Prime Downtown Location Situated in the desirable South Park neighborhood of Downtown Los Angeles, this property places you close to everything the city has to offer. Enjoy easy access to LA Live and Crypto. com Arena, USC and the Fashion District, Trendy restaurants, coffee shops, and nightlife. Whether you're commuting for work, attending school, or simply enjoying the DTLA lifestyle, this location offers exceptional convenience and accessibility. Don't miss this opportunity to live in one of Los Angeles' most exciting neighborhoods! Contact us today to schedule a tour and make this cozy studio your next home. **All information is deemed reliable but not guaranteed, including but not limited to square footage. Photos may not be of the actual unit. Some images may have been digitally enhanced or modified using artificial intelligence (AI) for marketing purposes. Prospective tenants are encouraged to verify all information through personal inspection.** |
Let's explore this property.
Apartment Amenities
| No Utilities Included |
Appliances
| Range | Refrigerator |
| Stove |
Building
| 1st Floor Unit | Controlled Access |
| Onsite Laundry |
Grounds
| Gated Entry |
Services
| On-Site Management |
One-time.
One-time. Refundable.
No pets allowed.
Questions about this property’s policies and fees?
| Units | 60 |
|---|
Welcome to 1516-1526 Hope St, a premier apartment complex located in the heart of Los Angeles, CA. Our apartments offer a range of amenities designed to enhance your living experience. Each unit comes equipped with a stove and refrigerator, perfect for those who love to cook at home. For your convenience, we also provide an on-site laundry room, eliminating the need for time-consuming trips to the laundromat. Our community is overseen by an on-site manager, ensuring that your needs are promptly addressed. For added peace of mind, our complex features a gated entry, providing an extra layer of security. Experience the best of LA living at 1516-1526 Hope St. **All information deemed reliable but not guaranteed, including but not limited to square footage. Photos may not be of the actual unit.**
How 1516 -1526 S. Hope St compares to other nearby properties.
Positives
Considerations
studio apartments at 1516 -1526 S. Hope St cost about 45% less than the average rent price for studio apartments in Downtown Los Angeles.
| Month | Median Rent |
|---|---|
| October 2024 | $1,801 |
| November 2024 | $1,814 |
| December 2024 | $1,845 |
| January 2025 | $1,848 |
| February 2025 | $1,815 |
| March 2025 | $1,810 |
| April 2025 | $1,756 |
| May 2025 | $1,745 |
| June 2025 | $1,750 |
| July 2025 | $1,750 |
| August 2025 | $1,736 |
| September 2025 | $1,702 |
| October 2025 | $1,702 |
| November 2025 | $1,709 |
| December 2025 | $1,738 |
| January 2026 | $1,739 |
| February 2026 | $1,721 |
| March 2026 | $1,697 |
| April 2026 | $1,690 |
| May 2026 | $1,650 |
| June 2026 | $1,651 |
| July 2026 | $1,650 |
| August 2026 | $1,650 |
| September 2026 | $1,650 |
| Month | Median Rent |
|---|---|
| October 2024 | $2,143 |
| November 2024 | $2,125 |
| December 2024 | $2,148 |
| January 2025 | $2,172 |
| February 2025 | $2,099 |
| March 2025 | $2,075 |
| April 2025 | $2,000 |
| May 2025 | $2,043 |
| June 2025 | $2,067 |
| July 2025 | $2,052 |
| August 2025 | $1,987 |
| September 2025 | $1,994 |
| October 2025 | $1,991 |
| November 2025 | $1,959 |
| December 2025 | $1,991 |
| January 2026 | $2,019 |
| February 2026 | $2,087 |
| March 2026 | $2,079 |
| April 2026 | $2,120 |
| May 2026 | $2,036 |
| June 2026 | $2,142 |
| July 2026 | $2,010 |
| August 2026 | $2,010 |
| September 2026 | $2,050 |
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