655 S Hope Street 704, Los Angeles, California 90017, Los Angeles, 90017 - 2 bed, 2 bath

655 S Hope Street 704
Los Angeles, California 90017
Property Price
SUMMARY
Analysis of 655 S Hope Street 704, Los Angeles, California 90017 is currently available with a list price of $699,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 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.
PROSSTRENGTHS & OPPORTUNITIES
- Unbeatable Urban Connectivity
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.
- Modern Aesthetic & Views
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.
- Premium Building Amenities
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.
CONSRISKS & DEFICIENCIES
- High Association Fees
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.
- Limited Parking
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.
About 655 S Hope Street 704
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.
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
- $1287.0 / 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 | 1,080 | 837 | 77% |
| Lot Size | 11,677 | 71,352 | 23% |
| Price | $699.0K | $500.0K | 77% |
| Price per sq ft | $647 | $620 | 59% |
| Built year | 1964 | 2006 | 18% |
| HOA | $1287.0 | $831 | 91% |
| Days on market | 17 | 270 | 5% |
Pricing History
Listed for Sale
Mar 3, 2026
$699,000
$715,000
-2% Price Drop
Initial Listing
Price Change
Feb 17, 2026
$715,000
Initial Listing
Sold
Mar 14, 2012
$525,000
Public Record


















