655 S Hope Street 1605, Los Angeles, California 90017, Los Angeles, 90017 - 2 bed, 2 bath
655 S Hope Street 1605
Los Angeles, California 90017
Property Price
SUMMARY
Analysis of 655 S Hope Street 1605, Los Angeles, California 90017 is currently available with a list price of $788,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1964, this property has undergone an extensive and high-quality modern renovation. The kitchen features enhanced stainless steel GE Profile appliances, polished granite countertops, and sleek dark wood cabinetry, all in excellent condition and contemporary style. The bathroom boasts modern vessel sinks, dark cabinetry, and updated fixtures. Rich beech laminate floors and automated shades further contribute to a 'virtually new' interior aesthetic. The overall condition, style, and features meet current quality standards, making it move-in ready with no deferred maintenance visible in the unit photos, aligning with an 'excellent' rating for a recently renovated property.
PROSSTRENGTHS & OPPORTUNITIES
- Panoramic City Views
Situated on the 16th floor, this corner unit boasts floor-to-ceiling windows offering expansive panoramic city light views, enhancing the living experience and property value.
- Prime Downtown LA Location
Located at 655 S Hope Street in Downtown Los Angeles, the property offers desirable urban living with convenient access to city amenities and attractions.
- Modern Interior Finishes & Appliances
The unit features high-end stainless steel GE Profile appliances, polished granite countertops, glass showers, dark wood cabinetry, rich beech laminate floors, and automated shades, providing a contemporary and luxurious feel.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly association fee of $1,108.0 is substantial and could be a significant ongoing cost for potential buyers.
- Sold As-Is Condition
The property is being sold 'AS IS' with furniture, which may imply potential for unforeseen repairs or upgrades required by the buyer, and the included furniture might not suit all tastes.
- Buyer Due Diligence Burden
The listing explicitly states 'Buyer to verify with city on permits and records,' placing additional responsibility and potential complexity on the buyer for due diligence.
About 655 S Hope Street 1605
16th floor - amazing views. Corner unit. Live/Work efficient and adaptable living area showcase floor-to-ceiling windows with reflective glass that invite panoramic vistas into a secured and elegant loft While entertaining guests or simply relaxing at home, you will take pride in the enhanced stainless steel GE Profile gas range, refrigerator, microwave, and dishwasher, washer/dryer. This home also features polished granite countertops, glass showers, solid core entry doors, dark wood cabinetry and rich beech laminate floors. controlled and sound-proof, this home welcomes you into a modern world artfully created. Automated shades. 655 Hope also features onsite Fitness Center open 24/7. Crowning this the Rooftop entertainment and helipad. Pictures are archived photos of common areas in the building and may not represent actual common areas. SOLD AS IS with furniture and seller concessions. Buyer to verify with city on permits and records.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1964
- Lot Size
- 11,677 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1108.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Castelar Street Elementary School
Grades K-5 • 1.5 mi
John H. Liechty Middle School
Grades 6-8 • 0.9 mi
Belmont Senior High School
Grades 9-12 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 73% |
| Baths | 2.0 | 1.0 | 59% |
| Square foot | 1,100 | 837 | 77% |
| Lot Size | 11,677 | 71,352 | 23% |
| Price | $788.0K | $500.0K | 86% |
| Price per sq ft | $716 | $620 | 68% |
| Built year | 1964 | 2006 | 18% |
| HOA | $1108.0 | $831 | 68% |
| Days on market | 101 | 271 | 14% |
Pricing History
Listed for Sale
Nov 25, 2025
$788,000
Initial Listing
Sold
Aug 15, 2013
$630,000
Public Record