
Los Angeles, California 90017
This Modernized DTLA Urban Residence is listed at $425,000, offering a stable acquisition right at its $425,000 Fair Market Value. Featuring a Condition Rating of 3, the interior showcases a renovated kitchen with stainless steel appliances and hardwood flooring. The unit provides a highly desirable city skyline view from a high vantage point in the Financial District. Located within the Los Angeles Unified School District, the turnkey condition balances urban lifestyle with immediate utility. This is a strategic opportunity for urban professionals or patient investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 655 S Hope Street 902 Subject | $425,000* List Price | 2 | 2 | 930 | $457 | - |
A 655 S Hope Street 607 Sold | $460,000 | 2 | 2 | 850 | $541 | 0.0 mi |
B 630 W 6th Sold | $338,000 | 1 | 1 | 680 | $497 | 0.1 mi |
C 630 W 6th Street 215 Sold | $320,000 | 1 | 1 | 700 | $457 | 0.1 mi |
D 1234 Wilshire Boulevard 207 Sold | $530,000 | 2 | 2 | 1,280 | $414 | 0.6 mi |
E 1100 Wilshire Boulevard 2805 Sold | $420,000 | 1 | 1 | 847 | $496 | 0.4 mi |
F 1234 Wilshire Boulevard 433 Sold | $350,000 | 1 | 1 | 700 | $500 | 0.6 mi |
G 630 W 6th Street 407 Active | $349,000 List Price | 1 | 1 | 680 | $513 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite being built in 1964, the property features a significantly updated and modern kitchen with stainless steel appliances, contemporary dark cabinetry, and modern lighting fixtures. The dark hardwood flooring throughout the main living areas also appears recently installed and well-maintained. These visible updates suggest the unit is move-in ready with no immediate renovation required for the main living spaces. While the condition of bathrooms and other systems cannot be fully assessed without more images, the quality of the visible renovations aligns with the 'Good' category, indicating a property that has been extensively renovated within the last 5-15 years, making it functional and appealing.
Situated in the heart of DTLA (655 S Hope Street, MLS Area C42), offering unparalleled access to cultural attractions, dining, entertainment, and business districts.
Listed at $425,000 for a 2 bed/2 bath unit in a desirable urban core, presenting a potentially attractive entry point into the DTLA market.
Features 'City Lights' and 'Neighborhood' views, enhancing the living experience and property appeal.
The property is a 'SHORT SALE SUBJECT TO LIEN HOLDERS' APPROVAL,' indicating a potentially lengthy, uncertain, and complex transaction that requires specialized buyer patience and expertise.
A substantial association fee of $1,187.00 per month significantly increases the total monthly housing cost, which could be a deterrent for many buyers.
Constructed in 1964, the building is older, which might suggest potential for outdated systems, common area wear, or a need for future special assessments for major renovations, impacting long-term costs.
GREAT OPPURTUNITY TO OWN THIS BEAUTIFUL DTLA CONDO. SHORT SALE SUBJECT TO LIEN HOLDERS' APPROVAL.
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 | 930 | 910 | 50% |
| Lot Size | 11,677 | 71,352 | 19% |
| Price | $425.0K | $540.0K | 31% |
| Price per sq ft | $457 | $580 | 13% |
| Built year | 1964 | 2006 | 25% |
| HOA | $1187.0 | $1.0K | 69% |
| Days on market | 239 | 234 | 63% |
Aug 26, 2025
$425,000
Initial Listing
Apr 28, 2022
$579,000
Public Record
Feb 6, 2013
$500,000
Public Record