NOT LISTED FOR SALE

655 Hope 655 S Hope St Unit 1601 Los Angeles, CA 90017

Downtown LA Neighborhood

Estimated Value: $426,000 - $508,000

1 Bed
1 Bath
661 Sq Ft
0.27 Acres

Last Sold February 25, 2015

Last sale price $465,000 $703 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,212/month

6 Days on Market

Highlights

  • Fitness Center
  • 1-minute walk to 7Th Street/Metro Center Station
  • City Lights View
  • 24-Hour Security
  • Automatic Gate
  • Clubhouse

About This Home

As of February 2015

Beautiful Live/Work loft with incredible panoramic views of DTLA, 2nd from top floor in the building. Unit features gorgeous dark hardwood floors, top of the line stainless steel-finish kitchen appliances, roller blinds, and washer/dryer inside. Amenities include fitness room, large community room with pool table, and amazing roof top with lounge chairs and BBQ's and 360 degree views of the Downtown. Located in the middle of DTLA's Financial District... just steps from Restaurant Row ( West 7th St.) and across the street from Macy'a Plaza. The Red Line Metro station is just downstairs with entrance on Hope/7th and Flower/7th. Walk to Downtown hotspots Bottega Louis, Sugar Fish, 7/Grand, Industrial... and moments from Ralph's, and Whole Foods (coming soon), 7/Fig Shopping Center, Disney Hall, and LA Live and the Staples Center.

Last Agent to Sell the Property

Rasmus Ray Lee

Premier Real Estate Broker, Inc. License #01490488 Listed on: 10/12/2014

Last Buyer's Agent

Beata Mandell

The Executive Realty Group License #01392993

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,659

Year Built

  • Built in 1964

Lot Details

  • 0.27

Interior Spaces

  • 661 Sq Ft Home
  • Living Room
  • Dining Area
  • Loft
  • Wood Flooring
  • Security Lights

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Side by Side Parking
  • Tandem Parking
  • Garage Door Opener
  • Automatic Gate
  • On-Street Parking
  • Parking Garage Space
  • Unassigned Parking
  • Controlled Entrance

Additional Features

  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5144-006-100

Community Details

Overview

  • 80 Units
  • High-Rise Condominium
  • 17-Story Property

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,659

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: High or Mid-Rise Condo
  • Street Number Display: Yes
  • Complex Name: 655 S Hope
  • Entry Floor: 16
  • Living Area: 661
  • Planned Urban Dev: 0
  • Stories: 17
  • Unit Floor In Building: 16
  • Year Built: 1964
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit, Laundry Closet Stacked
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Microwave, Network Wire, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 703.48

Exterior Features

  • Balcony: N/A
  • Tennis Court Y/N: No
  • Exposure: East
  • Pool: No
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Above Street Level, Community Garage, Controlled Entrance, Covered Parking, Door Opener, Gated, Parking Space, Side By Side, Tandem, Unassigned
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Automatic Gate, Carbon Monoxide Detector(s), Community, Exterior Security Lights, Fire and Smoke Detection System, Fire Sprinklers, Gated, Gated Community with Guard, Guarded, Smoke Detector

Association/Amenities

  • Amenities: Assoc Barbecue, Clubhouse, Controlled Access, Elevator, Fitness Center, Gated Community, Gated Community Guard, Gated Parking, Security
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 650.00
  • Unit Location: Front

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5144-006-100
  • Geocode Override: No
  • Lot Size Area: 11674

Multi Family

  • Number Of Units: 80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2019
Sold by
Singh Mattu Shebaz
Bought by
Mattu Pami R
Total Days on Market
6
Current Estimated Value
$473,261

Purchase Details

Closed on
Oct 22, 2014
Sold by
Hunt H Terry and Hunt Anita E
Bought by
Mattu Shehbaz Singh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 4, 2012
Closed on
Jun 3, 2012
Sold by
Seck Group Llc
Bought by
Hunt H Terry and Hunt Anita E
Seller's Agent
Stanley Lu
LEGACY REAL ESTATE
Buyer's Agent
Stanley Lu
LEGACY REAL ESTATE
List Price
$405,950
Sold Price
$383,200
Premium/Discount to List
-$22,750
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.64%
Original Mortgage
$306,560
Interest Rate
3.77%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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
Mattu Pami R -- None Available
Mattu Shehbaz Singh $465,000 California Title Company
Hunt H Terry $383,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mattu Shehbaz Singh $250,000
Previous Owner Hunt H Terry $306,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2015 02/25/15 Sold $465,000 0.0% $703 / Sq Ft
10/12/2014 10/12/14 For Sale $465,000 +21.3% $703 / Sq Ft
06/21/2012 06/21/12 Sold $383,200 -5.6% $571 / Sq Ft
05/11/2012 05/11/12 Pending -- -- --
04/04/2012 04/04/12 For Sale $405,950 -- $605 / Sq Ft
Source: The MLS

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
2024 $6,659 $541,459 $160,829 $380,630
2023 $6,529 $530,843 $157,676 $373,167
2022 $6,224 $520,435 $154,585 $365,850
2021 $6,143 $510,231 $151,554 $358,677
2019 $6,026 $500,984 $150,833 $350,151
2018 $6,018 $491,162 $147,876 $343,286
2016 $5,758 $472,091 $142,135 $329,956
2015 $4,901 $400,482 $280,087 $120,395
2014 $4,923 $392,638 $274,601 $118,037
Source: Public Records

Agents Affiliated with this Home

  • Rasmus Ray Lee

    Seller's Agent in 2015

    Rasmus Ray Lee

    Premier Real Estate Broker, Inc.

    (213) 995-5055

    19 in this area

    26 Total Sales

    Rasmus Ray Lee
    Section Image
  • Beata Mandell

    Buyer's Agent in 2015

    Beata Mandell

    The Executive Realty Group

    (310) 701-3808

    25 in this area

    113 Total Sales

    Beata Mandell
    Section Image

  • S

    Seller's Agent in 2012

    Stanley Lu

    LEGACY REAL ESTATE

    (626) 201-9877

    3 in this area

    5 Total Sales

    Stanley Lu
    Section Image
See All Agents

About 655 Hope

Map

Source: The MLS

MLS Number: 14-801381

The MLS

APN: 5144-006-100

California Los Angeles County Los Angeles 90017 Downtown LA

655 S Hope St Unit 1601, Los Angeles, CA

This home is located at 655 S Hope St Unit 1601, Los Angeles, CA 90017 since 12 October 2014 and is currently estimated at $473,261, approximately $715 per square foot. This property was built in 1964. 655 S Hope St Unit 1601 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.

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