ActiveCondominium

655 S Hope Street 701

Los Angeles, CA, 90017

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$449,000

MLS: 26671559

Beds

1

Baths

1

Sq Ft

650

Lot

0.27 ac

Year Built

1964

MLS #

26671559

Days on Market

8

Listed

Apr 1, 2026

Description

Welcome to the Hope Street Lofts. Perched on the 7th floor, the highly desirable end unit is a harmonious blend of modern elegance and urban sophistication. The open floor plan loft boasts floor-to-ceiling glass walls, tall gallery walls, 12-foot ceilings and warm dark hardwood floors. The East facing condo is illuminated by an abundance of natural light. The sleek kitchen features updated cabinetry, granite countertops, stainless steel appliances and a dishwasher. The bathroom features a soaking tub. Washer/dryer are included! 1 unassigned parking space included in the parking garage - exclusive to the Hope Street Lofts, with an elevator bank giving direct access to the 11th floor as well as the lobby. Hope Street Lofts is a boutique art deco condo building with only 80-units. Building amenities include 24/7 security, front desk concierge, a fitness center, gameroom, a rooftop with panoramic Downtown views, a helicopter pad, sundeck, barbecue grills and a chic wet bar. The rooftop was recently redone and new furniture has been ordered. The HOA fee covers water, trash, gas, sewage, 24/7 security and maintenance of the common areas. Located in the Financial District and directly above the 7th Street Metro Station. Access the best of urban dwelling at your doorsteps! Enjoy the best of food and beverages at the trendy Javiers or Bottega Louie. Near michelin star restaurants, world class museums, concept coffee shops and endless entertainment options. Across the street from the Bloc and Joeys. Only 2 blocks from Whole Foods and the Broad Museum is a stone's throw away. Experience a night at the LA Opera or a concert at the Walt Disney Concert Hall - only 4 minutes away. Attend a Lakers game at Crypto Arena. Entertain family and friends at LA Live. Easy access to freeways and public transportation. Truly, the best location in Downtown L.A.

Location

Los Angeles, Los Angeles County, CA 90017

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Listed by: Alma Lam · eXp Realty of California Inc

Payment estimate

$3,419

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $44,900 · Loan: $404,100

%
Principal & Interest
$2,483
Property tax (1.25%)
$468
Homeowners insurance
$300
Mortgage insurance
$168
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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 Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

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 $15,715 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

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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