Zumper
modified
Updated 1 Day Ago

Highlights

  • Gated entry
  • On-site manager
  • Onsite manager
  • On-site laundry room
  • Premier apartment complex
  • Onsite laundry room

Location

Los Angeles, CA 90015, USA|Downtown Los Angeles
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Tour 1516 -1526 S. Hope St

Contact

Management

Power Property Management, Inc.

Leasing office

(213) 375-8290

Property Overview

1516 -1526 S. Hope St offers strong overall value with an 8/10 expert rating, paired with standout amenities and a highly convenient location. It features gated entry, on-site management, and on-site laundry, and it stands out for social life and work-from-home appeal thanks to nearby parks, restaurants, event hubs, mixed-use spaces, coworking spots, and included utilities.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.0
Very Good
With a solid 8 out of 10 overall, 1516 -1526 S. Hope St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1516 -1526 S. Hope St has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • High school nearby
  • Laundry available on site

Great for

  • Work-from-home
  • Social life

Floor plans

0+1Studio1 bath400 sqft$1,238 /mo2 units available**MOVE-IN SPECIAL: 1 Month Free! The advertised rent of $1,238 reflects the net effective rent with one month free on a 12-month lease. The concession is applied in full during the 6th month of tenancy. Actual monthly rent is $1,350* Cozy Studio Apartment in the Heart of Downtown Los Angeles 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 | 1 Bathroom -Approximately 400 Sq. Ft. -Stove & Refrigerator Included -Bright and Efficient Floor Plan -1st Floor Unit 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.**

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Amenities for 1516 -1526 S. Hope St

Apartment Amenities

No Utilities Included

Appliances

RangeRefrigerator
Stove

Building

1st Floor UnitControlled Access
Onsite Laundry

Grounds

Gated Entry

Services

On-Site Management
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

Building details

Property details

Units60
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About 1516 -1526 S. Hope St

HomeApartments in Los AngelesDowntown Los Angeles 1516 -1526 S. Hope St

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.**


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.0
/10
Very Good
With a solid 8 out of 10 overall, 1516 -1526 S. Hope St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1516 -1526 S. Hope St has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated 1516 -1526 S. Hope St
Price·8A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Scoring a 8/10, 1516 -1526 S. Hope St is a great option for renters looking for apartments in Downtown Los Angeles. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
1516 -1526 S. Hope St goes above and beyond to provide sought-after conveniences and desirable perks, including 1st floor unit. Renters looking for popular or luxurious features will find them here—and for that reason, 1516 -1526 S. Hope St receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
1516 -1526 S. Hope St is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 1516 -1526 S. Hope St does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

1516 -1526 S. Hope St is great for:

Work-from-home

  • Utilities included in the rent
  • 16 coworking spaces or cafes within 1 mile
  • 15 office supply stores within 1 mile
  • 21 internet service provider options nearby

Social life

  • 825 restaurants within 1 mile of this property
  • 4364 mixed-use spaces nearby
  • 124 local event hubs within 1 mile
  • Area has 83 parks and recreation options

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 1516 -1526 S. Hope St compares to other nearby properties.

Positives

High school nearby
There is a high school 0.3 mile away
Laundry available on site
Washers and dryers are available in-building or in-unit

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away
Greater distance from middle schools
The nearest middle school is farther than 1 mile away
Lacks images
Fewer than 10 photos available for this location

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Rent trends in Downtown Los Angeles

studio apartments at 1516 -1526 S. Hope St cost about 38% less than the average rent price for studio apartments in Downtown Los Angeles.

Median rents as of Aug 8 2026.
Downtown Los Angeles
Los Angeles
A table of studio rental data trends in Los Angeles
MonthMedian Rent
August 2024$1,850
September 2024$1,848
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
A table of studio rental data trends in Downtown Los Angeles
MonthMedian Rent
August 2024$2,161
September 2024$2,138
October 2024$2,145
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$2,007

Affordability calculator

Can I afford to live at Los Angeles?

Bedrooms

Studio

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$49,520/yr

With your selected rent-to-income ratio, you'd ideally want to make $49,520 annually to afford this studio monthly rent price of $1,238.
For more information on rent affordability, visit our rent calculator.

Schools near 1516 -1526 S. Hope St

Olympic Primary Center

950 s albany st

los angeles, CA, 90015

KPublic

Tenth Street Elementary School

1000 grattan st

los angeles, CA, 90015

1-5Public
C+

Leadership & Public Service Virtual Academy

333 s beaudry ave 11th floor

los angeles, CA, 90017

K-12Public

Computer Science Virtual Academy

333 s beaudry ave 11th floor

los angeles, CA, 90017

K-12Public

STEAM Virtual Academy

333 s beaudry ave 11th fl

los angeles, CA, 90017

K-12Public
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Internet available near 1516 -1526 S. Hope St

Getting around CA 90015 near Los Angeles

Walking

8/10
No car? No problem. Everything you need is within a few blocks.

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

6/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for Los Angeles, CA 90015

Groceries

8/10
At least one supermarket within a 10-minute walk

Shopping

10/10
Exceptional variety of shops within a few minutes’ walk

Cafes

9/10
Exceptional variety of cafés within a few minutes’ walk

Restaurants

9/10
Exceptional variety of restaurants within a few minutes’ walk

Primary schools

5/10
At least one elementary school within a 20-minute walk

High schools

9/10
At least one high school within a 10-minute walk

Parks

6/10
Large amount of park space nearby

Nightlife

7/10
Several bars within a few minutes’ walk

Explore the area around Los Angeles

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645 W 9th St
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845 S Figueroa St
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110 E 9th St

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