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 home-pic-0

655 S Hope Street 704

Los Angeles, California 90017

ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,080Sq Ft
11,677Lot Size

Property Price

LIST PRICE$699,000

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

Good
TeardownExcellent

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

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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.01.0
73%
Baths2.01.0
59%
Square foot1,080837
77%
Lot Size11,67771,352
23%
Price$699.0K$500.0K
77%
Price per sq ft$647$620
59%
Built year19642006
18%
HOA$1287.0$831
91%
Days on market17270
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

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