VALUE ORIENTED PURCHASE - PRICELESS VIEWS. OWNER WANTS CONDO SOLD. Great opportunity to own a turn-key luxury live-work studio condo in downtown Los Angeles located at one of DTLA's prime real estate corners. Open floor plan with entry hall, walk-in closet, and deeded storage in the basement. Located on the 16th…VALUE ORIENTED PURCHASE - PRICELESS VIEWS. OWNER WANTS CONDO SOLD. Great opportunity to own a turn-key luxury live-work studio condo in downtown Los Angeles located at one of DTLA's prime real estate corners. Open floor plan with entry hall, walk-in closet, and deeded storage in the basement. Located on the 16th floor, the condo features floor to ceiling windows with remote control operated shades and expansive views to the east and south. The unit has been a monthly furnished rental since the original owner's purchase in 2012. Tenant occupied under a month-to-month term, and can be delivered upon sale with or without the Tenant. Asking price includes all furnishings and accessories. One unassigned parking space in a structured and secure garage accessible from the same elevator bank as the unit. The deeded storage is approx. 5x5x8 in size (metal walls). Building amenities include a rooftop community space with outdoor kitchen plus a fitness center and community room on the 2nd floor. Zoning allows for the 655 Hope St condo occupant to operate a professional services business from the unit, subject to the provisions of the city of Los Angeles' Adaptive Reuse Ordinance and governing HOA documents. Buyer is responsible for all due diligence associated with the condo association's CC&Rs, bylaws, rules/regulations, and financials. 655 S Hope St is located at a key urban corner at 7th & Hope Streets atop the city's busiest light-rail corridors - 7th Street Metro Center. The building is across the street from a retail/restaurant center anchored by Joey DTLA and a Sheraton Hotel. Whole Foods and Ralphs are located 2 to 3 blocks away.
Facts & Features
Interior
Bedrooms & bathrooms
Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1
Cooling
Cooling: Central Air
Appliances
Included: Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Refrigerator, Self Cleaning Oven
Laundry: Laundry Closet
Features
Flooring: Wood
Has fireplace: No
Interior area
Total interior livable area: 530 sqft
Property
Parking
Total spaces: 1
Parking features: Gated, Community Structure, Unassigned
Attached garage spaces: 1
Features
Has private pool: No
Has view: Yes
View features: City Lights
Lot
Size: 0.27 Acres
Features: Corner Lot
Details
Parcel number: 5144006102
HOA: $1,238/mo
Construction
Type & style
Home type: Residential
Architectural style: Modern
Property subtype: Condominium
Materials
Steel
Condition
Year built: 1964
Location
Mike Zwarg
Broker / Owner
951-528-0626 mike@mzhomes.us
Listing Office: Argentia Group Inc. · Listing Agent: Gina Marotta · 213-625-0908 · CRMLS
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