NOT LISTED FOR SALE

655 Hope 655 S Hope St Unit 1607 Los Angeles, CA 90017

Downtown LA Neighborhood

Estimated Value: $572,000 - $666,000

2 Beds
2 Baths
930 Sq Ft
$718/mo HOA Fee

Last Sold May 09, 2014

Last sale price $550,000 $591 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,847/month

57 Days on Market

Highlights

  • Doorman
  • 1-minute walk to 7Th Street/Metro Center Station
  • Rooftop Deck
  • Fitness Center
  • 24-Hour Security
  • Automatic Gate

About This Home

As of May 2014

Location is everything and this home has it! Unit 1607 has the BEST location at 655 Hope, the only modern high rise in Downtown LA. This 2 bed, 2 bath 16th floor unit has no unit above, no units to the north, east or west; making this one of the quietest units at 655 Hope! Only a couple units and the rooftop have a West Skyline View of the evening sunset (above the Roosevelt). Panoramic views of the upcoming BLOC, Wilshire Grand Tower and of Restaurant Row, rooftop pools. New DTLA Whole Foods one block away. Sleek steel, stone and glass define this intelligent city center oasis that captures the essence of a sought-after location. This is an entertainer's dream home with an open-floor plan and built-in surround sound system. 655 Hope exclusive amenities include an onsite Fitness Center open 24/7, a rooftop entertainment area complete with a kitchen, BBQ and wet bar as well as your own helipad for your jet-setting lifestyle.

Last Agent to Sell the Property

Rhett Winchell

Kennedy Wilson Real Estate Sales & Marketing License #01906531 Listed on: 02/05/2014

Last Buyer's Agent

Gayane Karian

License #01369286

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,234

Year Built

  • Built in 1964

Lot Details

  • 0.27

HOA Fees

  • $718 Monthly HOA Fees

Property Views

  • Panoramic
  • Peek-A-Boo

Home Design

  • Turnkey

Interior Spaces

  • 930 Sq Ft Home
  • Furnished
  • Wired For Sound
  • Wired For Data
  • Recessed Lighting
  • Basement

Kitchen

  • Open to Family Room
  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Closed Circuit Camera

Parking

  • 1 Car Garage
  • Circular Driveway
  • Automatic Gate
  • On-Street Parking
  • Parking Garage Space
  • Controlled Entrance

Additional Features

  • Gated Home
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 5144-006-106

Community Details

Overview

  • 80 Units
  • High-Rise Condominium
  • Built by Seck Group

Amenities

  • Doorman
  • Rooftop Deck
  • Outdoor Cooking Area
  • Sundeck
  • Community Barbecue Grill
  • Meeting Room
  • Lobby
  • Reception Area
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Firewall

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,234

Year Built

Built in 1964

Lot Details

0

HOA Fees

$718 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: High or Mid-Rise Condo
  • Street Number Display: Yes
  • Builder Name: Seck Group
  • Complex Name: 655 S Hope Street
  • Entry Floor: 12
  • Living Area: 930
  • Planned Urban Dev: 0
  • Unit Floor In Building: 12
  • Year Built: 1964
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Basement, Elevator, Furnished, Pre-wired for high speed Data, Pre-wired for surround sound, Recessed Lighting, Turnkey
  • Flooring: Hardwood, Tile
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Granite Counters, Open to Family Room
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 622.58

Exterior Features

  • Balcony: No
  • Tennis Court Y/N: No
  • Exposure: Evening
  • Pool: No
  • View: City, City Lights, Panoramic, Peek-A-Boo, Walk Street
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Above Street Level, Circular Driveway, Community Garage, Controlled Entrance, Gated, Permit/Decal, Private Garage
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: 24 Hour, Automatic Gate, Card/Code Access, Community, Exterior Security Lights, Fire and Smoke Detection System, Fire Sprinklers, Firewall(s), Gated, Gated Community with Guard, Guarded, Resident Manager, Smoke Detector, T.V.

Association/Amenities

  • Amenities: Assoc Barbecue, Controlled Access, Elevator, Exercise Room, Fitness Center, Gated Community Guard, Gated Parking, Meeting Room, Outdoor Cooking Area, Security, Sun Deck
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • High Rise: 24-Hour Closed Circuit Building, Controlled Access, Door Person, Entrance Lobby, On site retail, On-Site Guard, Passenger Elevator, Private Storage Lockers for Res, Reception Desk, Rooftop Sky Deck, Sun Deck
  • HOA Fees: 718.04
  • Unit Location: View

Lot Info

  • Assessor Parcel Number: 5144-006-106
  • Geocode Override: Yes

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units: 80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2015
Sold by
Piric Michael Baret
Bought by
Piric Michael B
Total Days on Market
57
Current Estimated Value
$613,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,000
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 5, 2014
Closed on
Apr 22, 2014
Sold by
Kim Paul
Bought by
Piric Michael Baret
Seller's Agent
Rhett Winchell
Kennedy Wilson Real Estate Sales & Marketing
Buyer's Agent
Gayane Karian
List Price
$579,000
Sold Price
$550,000
Premium/Discount to List
-$29,000
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.09%
Original Mortgage
$495,337
Interest Rate
4.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 25, 2012
Sold by
Seck Group Llc
Bought by
Kim Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
3.88%
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
Piric Michael B -- Title 365
Piric Michael Baret $555,000 First American Title Company
Kim Paul $375,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Piric Michael B $153,000
Open Piric Michael B $512,000
Closed Piric Michael B $493,000
Closed Piric Michael Baret $495,337
Previous Owner Kim Paul $356,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2014 05/09/14 Sold $550,000 -5.0% $591 / Sq Ft
04/03/2014 04/03/14 Pending -- -- --
02/07/2014 02/07/14 For Sale $579,000 +5.3% $623 / Sq Ft
02/06/2014 02/06/14 Off Market $550,000 -- --
02/05/2014 02/05/14 For Sale $579,000 -- $623 / 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 $8,234 $667,004 $420,635 $246,369
2023 $8,073 $653,927 $412,388 $241,539
2022 $7,695 $641,105 $404,302 $236,803
2021 $7,594 $628,535 $396,375 $232,160
2020 $7,668 $622,091 $392,311 $229,780
2019 $7,364 $609,894 $384,619 $225,275
2018 $7,353 $597,936 $377,078 $220,858
2016 $7,033 $574,720 $362,437 $212,283
2015 $6,925 $566,088 $356,993 $209,095
2014 $4,871 $384,235 $128,078 $256,157
Source: Public Records

Agents Affiliated with this Home

  • Rhett Winchell

    Seller's Agent in 2014

    Rhett Winchell

    Kennedy Wilson Real Estate Sales & Marketing

    (310) 887-6446

    1 in this area

    348 Total Sales

    Section Image

  • G

    Buyer's Agent in 2014

    Gayane Karian

See All Agents

About 655 Hope

Map

Source: The MLS

MLS Number: 14-734645

The MLS

APN: 5144-006-106

California Los Angeles County Los Angeles 90017 Downtown LA

655 S Hope St Unit 1607, Los Angeles, CA

This home is located at 655 S Hope St Unit 1607, Los Angeles, CA 90017 since 05 February 2014 and is currently estimated at $613,215, approximately $659 per square foot. This property was built in 1964. 655 S Hope St Unit 1607 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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