NOT LISTED FOR SALE

Estimated Value: $432,000 - $789,000

1 Bed
1 Bath
820 Sq Ft
$1,065/mo HOA Fee

Last Sold May 21, 2024

Last sale price $450,000 $549 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,770/month

16 Days on Market

Highlights

  • Fitness Center
  • 1-minute walk to 7Th Street/Metro Center Station
  • Elevator
  • 24-Hour Security
  • Sundeck
  • Living Room

About This Home

As of May 2024

No shared walls! Two-level modern unit with two separate entrances. In-unit washer and dryer. Located on the quieter and shadier side of the building, offering major energy-saving possibilities. Live in one of the coolest buildings downtown without the noise. Enjoy a dedicated entrance to the metro without needing to step outside! This is the ultimate DTLA living experience, featuring private parking in the building, 24-hour security, a fitness center, a rooftop entertainment area with amazing views, and a BBQ. No need for a car! Located minutes from shopping, restaurants, and the Crypto Arena/LA Live, and just two blocks from Pershing Square and Grand Hope Park. Truly one of the best locations in Downtown Los Angeles.

Last Listed By

Matias Masucci

Berkshire Hathaway HomeServices California Properties License #02054763 Listed on: 04/23/2024

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,243

Year Built

  • Built in 1964

Lot Details

  • 0.27

HOA Fees

  • $1,065 Monthly HOA Fees

Parking

  • Parking Garage Space

Home Design

  • Split Level Home

Interior Spaces

  • 820 Sq Ft Home
  • Living Room
  • Laundry closet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5144-006-039

Community Details

Overview

  • 80 Units
  • Association Phone (800) 400-2284
  • High-Rise Condominium

Amenities

  • Sundeck
  • Community Barbecue Grill
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,243

Year Built

Built in 1964

Lot Details

0

HOA Fees

$1,065 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: High or Mid-Rise Condo
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Complex Name: 655 Hope St Condominium Associaiton
  • Entry Floor: 6
  • Living Area: 820
  • Lot Acreage: 0.2681
  • Planned Urban Dev: 0
  • Unit Floor In Building: 6
  • Year Built: 1964
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Mixed
  • 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 Closet
  • Total Bathrooms: 1.00
  • Den: 0
  • Price Per S Q F T: 364.63

Exterior Features

  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Community Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Elevator, Fitness Center, Assoc Barbecue, Sun Deck
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 1064.67
  • Phone: 8004002284|
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5144-006-039
  • Lot Size Area: 11677

Multi Family

  • Number Of Units: 80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2024
Closed on
May 17, 2024
Sold by
Florentino Rosa A
Bought by
Florentino Family Trust and Florentino
Seller's Agent
Matias Masucci
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Jackie Murguia
Berkshire Hathaway HomeServices California Properties
List Price
$299,000
Sold Price
$450,000
Premium/Discount to List
$151,000
50.5%
Total Days on Market
16
Views
113
Current Estimated Value
$555,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,630
Avg. Annual Appreciation
25.76%

Purchase Details

Listed on
Apr 23, 2024
Closed on
May 14, 2024
Sold by
Flores John L
Bought by
Fiorentino Rosa A
Seller's Agent
Matias Masucci
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Jackie Murguia
Berkshire Hathaway HomeServices California Properties
List Price
$299,000
Sold Price
$450,000
Premium/Discount to List
$151,000
50.5%
Views
113

Purchase Details

Listed on
Apr 23, 2024
Closed on
May 9, 2024
Sold by
Florentino Rosa A
Bought by
Florentino Family Trust and Florentino
Seller's Agent
Matias Masucci
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Jackie Murguia
Berkshire Hathaway HomeServices California Properties
List Price
$299,000
Sold Price
$450,000
Premium/Discount to List
$151,000
50.5%
Views
113

Purchase Details

Listed on
Oct 25, 2015
Closed on
Dec 14, 2015
Sold by
Shariff Vasim Ahmed and Shariff Musarath Parveen
Bought by
Flores John L
Seller's Agent
Alma Lam
eXp Realty of California Inc
Buyer's Agent
Donna Ferrell
Broker Donna Ferrell
List Price
$504,999
Sold Price
$504,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.36%
Original Mortgage
$429,249
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 2, 2014
Closed on
Feb 20, 2014
Sold by
Korneagay Lolita
Bought by
Shariff Vasim Ahmed and Shariff Musarath Parveen
Seller's Agent
Ted Trentman
Realty Source Incorporated
Buyer's Agent
Alma Lam
eXp Realty of California Inc
List Price
$397,000
Sold Price
$387,500
Premium/Discount to List
-$9,500
-2.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.95%

Purchase Details

Closed on
Jan 25, 2012
Sold by
Seck Group Llc
Bought by
Korneagay Lolita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
3.88%
Mortgage Type
Commercial

Range of Values:

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Average Value
Not Available
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
Florentino Family Trust -- Lawyers Title
Fiorentino Rosa A -- Lawyers Title
Florentino Rosa A -- Lawyers Title
Florentino Family Trust -- Lawyers Title
Flores John L $505,000 Fidelity National Title Co
Shariff Vasim Ahmed $387,500 Fatcola
Korneagay Lolita $270,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flores John L $429,249
Previous Owner Korneagay Lolita $256,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2024 05/21/24 Sold $450,000 +50.5% $549 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
04/23/2024 04/23/24 For Sale $299,000 0.0% $365 / Sq Ft
11/01/2022 11/01/22 Rented $3,000 -3.2% --
10/11/2022 10/11/22 Under Contract -- -- --
08/29/2022 08/29/22 For Rent $3,100 0.0% --
12/18/2015 12/18/15 Sold $504,999 0.0% $616 / Sq Ft
11/25/2015 11/25/15 For Sale $504,999 0.0% $616 / Sq Ft
11/20/2015 11/20/15 Pending -- -- --
10/25/2015 10/25/15 For Sale $504,999 +30.3% $616 / Sq Ft
03/06/2014 03/06/14 Sold $387,500 -2.4% $473 / Sq Ft
02/20/2014 02/20/14 Pending -- -- --
01/02/2014 01/02/14 For Sale $397,000 -- $484 / 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 $7,243 $586,086 $359,195 $226,891
2023 $7,101 $574,595 $352,152 $222,443
2022 $6,769 $563,330 $345,248 $218,082
2021 $6,680 $552,285 $338,479 $213,806
2019 $6,478 $535,906 $328,441 $207,465
2018 $6,467 $525,399 $322,001 $203,398
2016 $6,235 $504,999 $309,499 $195,500
2015 $4,923 $395,242 $203,996 $191,246
2014 $3,508 $276,650 $71,724 $204,926
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 24-383393

The MLS

APN: 5144-006-039