655 S Hope Street 704, Los Angeles, California 90017, Los Angeles, 90017 - 2 bed, 2 bath
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Los Angeles, California 90017
This Sophisticated Urban Loft at Hope Street Lofts is a Stunning Move-In Ready Home listed at $699,000, reflecting a recent price reduction near its $668,014 Fair Market Value. The unit maintains a Condition Rating of 3, featuring Floor-to-Ceiling Windows with panoramic City Skyline Views and a modern kitchen. Located directly above the 7th Street Metro Station and served by the Los Angeles Unified School District, including Castelar Street Elementary and Belmont Senior High, the property offers elite connectivity and Premium Building Amenities. This residence is the ideal match for Urban Professionals or Owner-Occupants seeking a high-style, turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 655 S Hope Street 704 Subject | $699,000* List Price | 2 | 2 | 1,080 | $619 | - |
A 655 S Hope Street 1105 Sold | $735,000 | 2 | 2 | 1,180 | $623 | 0.0 mi |
B 1234 Wilshire Blvd 507 Sold | $600,000 | 2 | 2 | 1,280 | $469 | 0.6 mi |
C 889 Francisco Street 2611 Sold | $550,000 | 1 | 2 | 890 | $618 | 0.4 mi |
D 655 S Hope Street 1605 Active | $788,000 List Price | 2 | 2 | 1,100 | $716 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features a stylish, modern loft aesthetic despite the 1964 original build date. The kitchen is well-maintained with stainless steel appliances and an oversized breakfast bar, while the bathrooms are updated with soaking tubs. The unit boasts polished flooring, floor-to-ceiling windows, and updated building amenities, indicating consistent upkeep and a high-quality living environment without the need for immediate renovation.
Situated directly above the 7th Street Metro Station and steps from Crypto.com Arena, this property offers unparalleled access to public transit and world-class downtown entertainment.
The unit features floor-to-ceiling windows with stunning south and west-facing city views, complemented by a polished semi-open floor plan and an updated kitchen with an oversized breakfast bar.
Residents benefit from a robust amenity package including 24/7 security, a newly renovated rooftop entertainment deck with panoramic views, a modern gym, and a rare private storage room.
The monthly HOA fee of $1,287 is significantly high for a unit of this size, which may impact the overall affordability and debt-to-income ratio for potential buyers.
The inclusion of only one unassigned parking space for a two-bedroom unit can be a major inconvenience for households with multiple vehicles in a dense urban area.
PRICE REDUCTION!!! The Hope Street Lofts in Downtown L.A. offers a spacious and stylish living experience. Located in the heart of downtown, it's just a stone's throw away from shopping centers, restaurants, and entertainment venues. The Crypto.com Arena (formerly the Staples Center) is only a few blocks away, making it an ideal place for sports fans. The semi-open floor plan is polished to perfection, creating a seamless flow between the living room, dining area, and kitchen. The condo offers stunning city views from the south and west-facing floor-to-ceiling windows and walls, adding to its appeal. There are two full bathrooms, each with a soaking tub. The kitchen is equipped with stainless steel fridge and dishwasher, and an oversized breakfast bar. A washer and dryer are also included in the unit. The building amenities include 24/7 security, a front desk concierge, a rooftop with panoramic Downtown views, a helicopter pad, a sundeck, barbecue grills, and a chic wet bar. The rooftop has recently been redone for entertainment with amazing views. For lifestyle convenience, the condo also features a game room and a gym with brand new equipments. Additionally, there's a large storage room in the basement exclusive to this unit. One unassigned parking space is available onsite. Located directly above the 7th Street Metro Station, the Hope Street Lofts offers the best of urban living at your doorstep. It's conveniently situated near all the action at Crypto Arena or LA Live, making it an ideal choice for those who want to experience the heart of downtown L.A.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,080 | 985 | 50% |
| Lot Size | 11,677 | 71,352 | 19% |
| Price | $699.0K | $575.0K | 69% |
| Price per sq ft | $647 | $620 | 56% |
| Built year | 1964 | 2006 | 25% |
| HOA | $1287.0 | $1.0K | 88% |
| Days on market | 64 | 217 | 13% |
Mar 3, 2026
$699,000
$715,000
-2% Price Drop
Initial Listing
Feb 17, 2026
$715,000
Initial Listing
Mar 14, 2012
$525,000
Public Record