tomo logo

$459,000

Beds
1
Baths
1.0
sq ft
530

655 S Hope St Unit 1403, Los Angeles, CA 90017

655 S Hope St Unit 1403

Los Angeles, CA 90017

  • 101 days on market
    • Price drop $30,500↓
Welcome to this stunning studio loft nestled in the heart of Los Angeles' bustling Financial District. Boasting expansive windows that offer breathtaking city vistas, this 14th-floor urban retreat is an ideal blend of contemporary design and urban convenience. Spanning 530 sq. feet, this residence exudes modern elegance with sleek hardwood floors throughout. The open kitchen, complete with quartz countertops and state-of-the-art stainless steel appliances, is perfect for both culinary enthusiasts and everyday living. Additionally, the convenience of stackable laundry adds a touch of practicality. The studio loft features a spacious walk-in closet, ensuring ample storage space for your wardrobe and belongings. Residents will enjoy easy access to the finest dining, shopping, and entertainment options that Downtown LA has to offer. Beyond the residence, 655 Hope stands as one of the city's most beautiful residential towers, offering a host of exceptional amenities. Residents can unwind and entertain guests at the rooftop lounge equipped with BBQ grills, revel in a well-equipped gym, and take advantage of the 24-hour concierge service for convenience and security. Need a space to conduct business? A business center/conference room is readily available. As an added bonus, the location couldn't be more convenient, with the 7th St. Metro Center subway station located just downstairs, providing easy access to public transit. Parking will never be an issue, as the unit comes with one unassigned parking space in the attached secure access garage. Don't miss this opportunity to live in style and luxury at the heart of LA's vibrant Financial District.

Details

Property type

Condominium

Est. home value

$481,914

Lot size

0.268 acres

Price per sq ft

$867

Year built

1964

Monthly HOA fee

$897.13

Price History

12/05/2024
CRMLS

CRMLS #SR24191106

Price change
$459,000
-6.23%
10/08/2024
CRMLS

CRMLS #SR24191106

Listed
$489,500
10/08/2024
CRMLS

CRMLS #SR24191106

Removed
$489,500

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks, Park

High school district: 

Los Angeles Unified

Number of units in community: 

80

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$140,075
Asking price
$459,000
Closing costs (~8% of asking)
-$36,720
Est. remaining loan balance
-$282,205
Cash to seller
$140,075

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

March 2019

Original loan amount

$315,000

Est. remaining balance

$282,205

Interest rate

4.46%

Loan type

New Conventional, 30 year

Seller

Timothy Hall and Nora Hall

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 9:25 PM

Listing updated: 12/04/2024 at 9:26 PM

Listed by: Stephany Delgado Ramirez, The Agency Phone #: (424) 230-3700

MLS: CRMLS #SR24191106

CRMLS logo

Recently listed in Los Angeles