655 S Hope Street 606, Los Angeles, California 90017, Los Angeles, 90017 - 1 bed, 1 bath
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655 S Hope Street 606
Los Angeles, California 90017
ACTIVE
CONDITION: GOOD
1Beds
1Baths
550Sq Ft
11,674Lot Size
Property Price
LIST PRICE$410,000
EST. MARKET VALUE
$370,233
10% AboveMARKET VALUE
SUMMARY
This Modern Loft Residence is a Strong Value Opportunity, listed at $410,000—positioned well above the $370,234 Fair Market Value by 10%. While the unit carries a higher list price, it offers a Good Condition Rating and a premium urban lifestyle. Featuring a Contemporary Kitchen, Floor-to-Ceiling Windows, and a Rooftop Sky Deck, this property provides unmatched connectivity with a Walk Score of 99. It is an ideal acquisition for Buy-and-Hold Investors or Urban Professionals seeking a high-walkability, lock-and-leave lifestyle in the heart of Downtown Los Angeles.
Estimated Market Value
$370,233
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 655 S Hope Street 606 Subject | $410,000* List Price | 1 | 1 | 550 | $673 | - |
A 889 S Francisco Street 2805 Sold | $329,000 | 0 | 1 | 480 | $685 | 0.4 mi |
B 630 W 6th Street 506 Active | $309,000 List Price | 1 | 1 | 550 | $562 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although the building was originally constructed in 1964, it underwent a major adaptive reuse conversion into lofts approximately 20 years ago. The interior features a contemporary kitchen with granite countertops and stainless steel appliances that appear well-maintained and functional. The unit is move-in ready with modern amenities including in-unit laundry and floor-to-ceiling windows, placing it firmly in the 'Good' category for its age and renovation cycle.
PROSSTRENGTHS & OPPORTUNITIES
- Unbeatable Urban Connectivity
Boasting a perfect Transit Score of 100 and a Walk Score of 99, the property is situated directly above the 7th Street/Metro Center, offering unparalleled access to the entire Los Angeles region.
- Premium Building Amenities
Residents enjoy a comprehensive luxury lifestyle package, including 24-hour concierge security, a fitness center, and an expansive rooftop sky deck with panoramic city views and BBQ areas.
- Modern Loft Aesthetics
The residence features desirable architectural elements such as floor-to-ceiling windows and high ceilings that maximize natural light, along with the essential convenience of an in-unit washer and dryer.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The association fee of $1,238.36 is exceptionally high relative to the unit's square footage and list price, which may deter budget-conscious buyers or investors.
- Compact Living Space
At just 550 square feet, the unit is quite small for a one-bedroom floor plan, potentially limiting its appeal to those requiring more storage or functional living area.
About 655 S Hope Street 606
Hope Street Lofts offers stylish loft living in the heart of Downtown Los Angeles Financial District. This spacious residence features an open floor plan, floor-to-ceiling windows, high ceilings, abundant natural light, and a contemporary kitchen with granite countertops and stainless-steel appliances. Additional highlights include an in-unit washer and dryer, walk-in closet, and secure garage parking. Residents enjoy an impressive collection of amenities designed for convenience and an urban lifestyle, including 24-hour front desk concierge and security, controlled access, fitness center, rooftop sky deck with panoramic Downtown Los Angeles views, BBQ area, outdoor lounge and sun deck, entertainment and game room with billiards, resident lounge with wet bar, elevator access, and secure parking. Hope Street Lofts offers a convenient lock-and-leave lifestyle in one of Downtown Los Angeles' most walkable locations. Walk Score 99 - Walker's Paradise and Transit Score 100 - Excellent Public Transportation. The building is directly above the 7th Street/Metro Center Station, providing easy access throughout Los Angeles, with convenient connections to the 110, 10, 101 and 5 Freeways. Enjoy an exceptional selection of dining, shopping, entertainment, and everyday conveniences just outside your door. Nearby favorites include JOEY DTLA, Javier's, SUGARFISH, Bottega Louie, Hatch Yakitori + Bar, Nick + Stef's Steakhouse, Casa Ipanema, L.A. Cafe, Starbucks, Whole Foods Market, Target, UNIQLO, lululemon, Sephora, Walgreens, Petco, LA Fitness, and Alamo Drafthouse Cinema. Entertainment and cultural destinations are also within minutes, including Crypto Arena, L.A. LIVE, Peacock Theater, Walt Disney Concert Hall, The Broad, MOCA, Grand Central Market, Angels Flight Railway, Pershing Square, Grand Hope Park, The Last Bookstore, Los Angeles Central Library, Grand Park, and Los Angeles City Hall. Experience the best of Downtown LA living with arts, dining, shopping, transportation, and entertainment all within easy reach.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1964
- Lot Size
- 11,674 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1238.36 / Month
Neighborhood Insights
Los Angeles Unified Schools
Castelar Street Elementary School
Grades K-5 • 1.5 mi
6/10
John H. Liechty Middle School
Grades 6-8 • 0.9 mi
3/10
Belmont Senior High School
Grades 9-12 • 0.9 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 550 | 1,219.385 |
| Lot Size | 11,674 | 27,236.074 |
| Price | $410.0K | $800.2K |
| Price per sq ft | $745 | $650 |
| Built year | 1964 | 1979 |
| HOA | $1238.36 | $685 |
| Days on market | 15 | 72 |
Pricing History
Listed for Sale
Aug 25, 2026
$410,000
Initial Listing
Sold
Jul 8, 2022
$405,000
Public Record
Sold
Apr 24, 2020
$405,000
Public Record
Sold
Oct 23, 2018
$420,000
Public Record
Sold
Aug 8, 2013
$340,000
Public Record
Sold
Nov 3, 2010
$236,000
Public Record