NOT LISTED FOR SALE

655 Hope 655 S Hope St Unit 1207 Los Angeles, CA 90017

Downtown LA Neighborhood

Estimated Value: $500,000 - $797,000

2 Beds
2 Baths
1,012 Sq Ft
$846/mo HOA Fee

Last Sold February 19, 2021

Last sale price $525,000 $519 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,803/month

127 Days on Market

Highlights

  • City Lights View
  • 1-minute walk to 7Th Street/Metro Center Station
  • 1 Car Attached Garage
  • Corner Lot
  • Outdoor Cooking Area
  • Security Guard

About This Home

As of February 2021

BEST PRICED CONDO IN DOWNTOWN LOS ANGELES FINANCIAL DISTRICT! This stylish two bedroom two bath condo is in the heart of downtown LA's financial district. Steps away from restaurants, bars, retail stores, and museums. This condo is perfect for you if you work or go to school near the city center or if you want to experience living in a hip urban environment. Across from the Sheraton and The Bloc with Macys, shops, and restaurants. Fully upgraded with a large kitchen, this loft also has a perfect layout that creates a natural divide between the bedroom and living room. In addition, there is a rooftop lounge, a fitness center and 24 hour security.

Last Agent to Sell the Property

Stanley Lu

LEGACY REAL ESTATE License #01480460 Listed on: 10/01/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,832

Year Built

  • Built in 2009

Lot Details

  • 0.27

HOA Fees

  • $846 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,012 Sq Ft Home
  • City Lights Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System

Additional Features

  • Two or More Common Walls
  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 67656
  • Assessor Parcel Number 5144006083

Community Details

Overview

  • Master Insurance
  • 80 Units
  • 655 Hope Condo Association, Phone Number (800) 400-2284
  • Action Property Management HOA
  • 17-Story Property

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill

Pet Policy

  • Pet Restriction

Security

  • Security Guard
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,832

Year Built

Built in 2009

Lot Details

0

HOA Fees

$846 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAC2
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5144006083
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1012.00 Square Feet
  • Stories: 17
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 518.77
  • Room Type: All Bedrooms Up

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Fire Pit, Barbecue, Outdoor Cooking Area, Gas, Insurance, Trash, Sewer, Water, Pet Rules, Guard, Security, Controlled Access, Hot Water
  • Association Fee: 846.44
  • Association Fee Frequency: Monthly
  • Association Name: 655 Hope Condo Association
  • Phone: 800-400-2284
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: Action Property Management

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 11674.00
  • Lot Size Acres: 0.2680

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11674.0000 Square Feet
  • Number Of Units In Community: 80
  • Number Of Units Total: 80

Tax Info

  • Tax Census Tract: 2077.10
  • Tax Lot: 1
  • Tax Tract Number: 67656

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Feb 12, 2021
Sold by
Lu Patrick and Lu Gertrude
Bought by
Donlea Shawn
Seller's Agent
Stanley Lu
LEGACY REAL ESTATE
List Price
$585,000
Sold Price
$525,000
Premium/Discount to List
-$60,000
-10.26%
Current Estimated Value
$638,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,570
Avg. Annual Appreciation
4.30%

Purchase Details

Closed on
Jul 29, 2016
Sold by
Zhu Xiao Hua and Ju Mei
Bought by
Lu Patrick and Lu Gertrude

Purchase Details

Closed on
Aug 3, 2012
Sold by
Reynolds John Christopher
Bought by
Zhu Xiao Hua and Ju Mei

Purchase Details

Closed on
Mar 22, 2011
Sold by
Seck Group Llc
Bought by
Reynolds John Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,500
Interest Rate
4.83%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Donlea Shawn $525,000 Fidelity National Title
Lu Patrick $400,000 Fidelity National Title Co
Zhu Xiao Hua $395,000 Fidelity National Title Co
Reynolds John Christopher $310,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reynolds John Christopher $294,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2021 02/19/21 Sold $525,000 -0.9% $519 / Sq Ft
01/05/2021 01/05/21 Price Changed $529,900 -5.4% $524 / Sq Ft
11/13/2020 11/13/20 Price Changed $559,900 -4.3% $553 / Sq Ft
10/01/2020 10/01/20 For Sale $585,000 0.0% $578 / Sq Ft
07/31/2014 07/31/14 Rented $2,700 0.0% --
07/29/2014 07/29/14 Under Contract -- -- --
05/22/2014 05/22/14 For Rent $2,700 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,832 $568,274 $167,776 $400,498
2024 $6,832 $557,133 $164,487 $392,646
2023 $6,697 $546,210 $161,262 $384,948
2022 $6,382 $535,500 $158,100 $377,400
2021 $6,426 $536,099 $166,191 $369,908
2020 $6,486 $530,603 $164,487 $366,116
2019 $6,228 $520,200 $161,262 $358,938
2018 $6,217 $510,000 $158,100 $351,900
2016 $5,080 $410,890 $280,862 $130,028
2015 $5,001 $404,719 $276,644 $128,075
2014 $5,024 $396,792 $271,225 $125,567
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Stanley Lu

    LEGACY REAL ESTATE

    (626) 201-9877

    2 in this area

    7 Total Sales

    Stanley Lu
    Section Image
  • Peter Oh

    Seller's Agent in 2014

    Peter Oh

    Keller Williams Larchmont

    (323) 762-2600

    3 in this area

    22 Total Sales

    Peter Oh
    Section Image
  • Jane Sha

    Seller Co-Listing Agent in 2014

    Jane Sha

    Berkshire Hathaway HomeServices California Properties

    (510) 258-8508

    5 in this area

    37 Total Sales

    Jane Sha
    Section Image
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About 655 Hope

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS20204702

California Regional Multiple Listing Service (CRMLS)

APN: 5144-006-083

California Los Angeles County Los Angeles 90017 Downtown LA

655 S Hope St Unit 1207, Los Angeles, CA

This home is located at 655 S Hope St Unit 1207, Los Angeles, CA 90017 since 01 October 2020 and is currently estimated at $638,570, approximately $630 per square foot. This property was built in 2009. 655 S Hope St Unit 1207 is a home located in Los Angeles County with nearby schools including Castelar Elementary School, John H. Liechty Middle School, and Academic Leadership Community Miguel Contreras Learning Complex.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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