655 S Hope Street 704
Los Angeles, CA, 90017
$699,000
MLS: 26653201
Beds
2
Baths
2
Sq Ft
1,080
Lot
0.27 ac
Year Built
1964
MLS #
26653201
Days on Market
13
Listed
Feb 17, 2026
Description
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.
Location
Los Angeles, Los Angeles County, CA 90017
Open on Google Maps ↗Listed by: Steven Lee · JD Cooper
Payment estimate
$5,156
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $69,900 · Loan: $629,100
- Principal & Interest
- $3,865
- Property tax (1.25%)
- $728
- Homeowners insurance
- $300
- Mortgage insurance
- $262
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 $24,465 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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