RealKey
‪(213) 433-7766‬

655 S Hope Street 1702, Los Angeles, California 90017, Los Angeles, 90017 - 1 bed, 2 bath

655 S Hope Street 1702, Los Angeles, California 90017 home-pic-0
ACTIVE$650,000
655 S Hope Street 1702, Los Angeles, California 90017
1Bed
2Baths
930Sqft
11,674.08Lot
Year Built
1964
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$699
HOA
$1,205
Days on market
-
Sold On
-
MLS number
25512473
Home ConditionExcellent
Features
Excellent View: City Lights
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $650.0K(69th), sqft - 930(66th), beds - 1(50th), baths - 2(50th).

Seller will pay HOA. dues until the end of 2025. Stunning New York-style Penthouse Loft in the Heart of the Financial District. Come into this striking live/work penthouse loft featuring dark hardwood floors, dramatic floor-to-ceiling windows, and sweeping city views. The fully enclosed bedroom offers added privacy, while custom-built-ins enhance both form and function. Enjoy a designer kitchen and spa-like bath, a spacious walk-in closet, and the convenience of an in-unit washer and dryer. Located in a secure, amenity-rich building with a 24-hour doorman, fitness center, and rooftop deck with BBQ area. Near Whole Foods, Bottega Louie, The Bloc, and with direct metro entrance, this is downtown living at its finest. One gated parking space included and additional storage in the basement.

Nearby schools

6/10
Castelar Street Elementary School
Public,•K-5•1.5mi
3/10
John H. Liechty Middle School
Public,•6-8•0.9mi
3/10
Belmont Senior High School
Public,•9-12•0.9mi

Price History

Date
Event
Price
04/17/25
$650,000
05/15/18
Sold
$730,000
03/25/14
Sold
$605,000
Condition Rating
Excellent
Despite being built in 1964, this penthouse loft has undergone an extensive and high-quality modern renovation. The description's claims of 'dark hardwood floors,' 'designer kitchen,' and 'spa-like bath' are fully supported by the images. The kitchen features sleek flat-panel dark cabinetry, modern stainless steel appliances (including a Samsung refrigerator and built-in oven), and a contemporary mosaic tile backsplash. The bathrooms are equally updated with modern vanities, vessel sinks, and clean tiling. The dark hardwood floors are pristine, and all light fixtures are contemporary. The property appears virtually new inside, with no signs of wear or deferred maintenance, making it move-in ready and meeting current quality standards, consistent with an 'Excellent' rating for a recently and extensively renovated property.
Pros & Cons

Pros

Prime Downtown Location & Accessibility: Situated in the heart of the Financial District with direct metro access and proximity to major attractions like Whole Foods, Bottega Louie, and The Bloc, offering unparalleled urban convenience.
Premium Building Amenities & Security: Features a secure building with a 24-hour doorman, fitness center, and a rooftop deck with BBQ area, providing a luxurious and safe living environment.
Sophisticated Loft Design & City Views: A stunning New York-style penthouse loft boasting dramatic floor-to-ceiling windows and sweeping city views, complemented by dark hardwood floors and custom built-ins.
Modern Interior Upgrades & Conveniences: Equipped with a designer kitchen, spa-like bath, spacious walk-in closet, and in-unit washer/dryer, ensuring comfort and contemporary living.
Significant Buyer Incentives & Parking: Includes a valuable gated parking space, additional basement storage, and a substantial financial incentive with the seller covering HOA dues until the end of 2025.

Cons

Substantial Ongoing HOA Dues: Despite the temporary seller contribution, the monthly association fee of $1,205 is high and represents a significant long-term carrying cost for the buyer.
Building Age: Constructed in 1964, the building's age may raise concerns for some buyers regarding potential future maintenance or infrastructure updates, despite the unit's modern renovations.
Limited Bedroom Count: As a 1-bedroom unit, its appeal is primarily limited to single occupants or couples, potentially narrowing the prospective buyer pool compared to properties with more bedrooms.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state