655 S Hope Street 1603
Los Angeles, CA, 90017
$324,900
Original list price: $359,900
MLS: JT26164075
Beds
1
Baths
1
Sq Ft
530
Lot
0.27 ac
Year Built
1964
MLS #
JT26164075
Days on Market
45
Listed
Jul 27, 2026
Description
VALUE ORIENTED PURCHASE - PRICELESS VIEWS. OWNER WANTS CONDO SOLD. Great opportunity to own a turn-key luxury live-work studio condo in downtown Los Angeles located at one of DTLA's prime real estate corners. Open floor plan with entry hall, walk-in closet, and deeded storage in the basement. Located on the 16th floor, the condo features floor to ceiling windows with remote control operated shades and expansive views to the east and south. The unit has been a monthly furnished rental since the original owner's purchase in 2012. Tenant occupied under a month-to-month term, and can be delivered upon sale with or without the Tenant. Asking price includes all furnishings and accessories. One unassigned parking space in a structured and secure garage accessible from the same elevator bank as the unit. The deeded storage is approx. 5x5x8 in size (metal walls). Building amenities include a rooftop community space with outdoor kitchen plus a fitness center and community room on the 2nd floor. Zoning allows for the 655 Hope St condo occupant to operate a professional services business from the unit, subject to the provisions of the city of Los Angeles' Adaptive Reuse Ordinance and governing HOA documents. Buyer is responsible for all due diligence associated with the condo association's CC&Rs, bylaws, rules/regulations, and financials. 655 S Hope St is located at a key urban corner at 7th & Hope Streets atop the city's busiest light-rail corridors - 7th Street Metro Center. The building is across the street from a retail/restaurant center anchored by Joey DTLA and a Sheraton Hotel. Whole Foods and Ralphs are located 2 to 3 blocks away.
Location
Los Angeles, Los Angeles County, CA 90017
Open on Google Maps ↗Listed by: Gina Marotta · Argentia Group Inc.
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$3,897
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $32,490 · Loan: $292,410
Average 30-yr fixed rate 6.76% as of Sep 10, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $1,899
- Property tax (1.25%)
- $338
- Homeowners insurance
- $300
- Mortgage insurance
- $122
- HOA dues
- $1,238
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Sep 10, 2026
- 30-year fixed
- 6.76%
- 15-year fixed
- 6.09%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $11,372 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Los Angeles, CA 90017 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
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