Explore 655 Hope St Los Angeles, a prime condo building in DTLA’s Financial District. Discover amenities, unit types, lifestyle, and current (2025) market insights. Considering a move? Get expert advice.

655 Hope St Los Angeles: Your Ultimate 2025 Guide to Downtown Living

Welcome to the heart of Downtown Los Angeles! If the address “655 Hope St Los Angeles” has piqued your interest, you’re likely exploring the vibrant urban lifestyle that DTLA offers. This isn’t just another pin on the map; 655 S Hope Street is a notable residential condominium building offering a unique blend of modern living and historic roots, right in the bustling Financial District. Whether you’re considering buying, selling, or simply curious about this prime piece of LA real estate, this guide provides a comprehensive look at what life at 655 Hope St entails in 2025. Get ready to discover its features, amenities, and the dynamic neighborhood that surrounds it.  

Often known as 655 Hope Street Lofts, this building provides a sophisticated urban experience. It’s important to note that while sometimes confused with “The Pegasus” due to its proximity and similar luxury offerings in DTLA, 655 Hope St is a distinct condominium complex with its own unique character and history.  

Unveiling 655 Hope St: From Office Hub to Modern Lofts

The story of 655 Hope St Los Angeles is one of transformation. Originally constructed in 1964 as an eight-story office building, primarily for the Republic Federal Savings & Loan Association, it underwent a significant metamorphosis. Around 2010, the structure was redeveloped and expanded into the impressive 17-story residential tower it is today, housing 80 contemporary loft-style condominium units.  

This evolution means residents enjoy a building with a past, now reimagined for modern urban dwellers. The architecture often features floor-to-ceiling windows, a nod to its commercial origins, now providing stunning panoramic vistas of the city skyline.  

Architectural Highlights and Building Design

The building’s design emphasizes open, airy living spaces, characteristic of loft-style residences. You’ll typically find:  

• High ceilings that enhance the sense of space.
• Expansive windows that flood interiors with natural light.
• A modern aesthetic blended with industrial-chic elements.

The conversion thoughtfully preserved structural integrity while infusing contemporary finishes and layouts suitable for today’s lifestyle needs.

Location, Location, Location: The Unbeatable Appeal of 655 Hope Street’s DTLA Address

Nestled in the prestigious Financial District of Downtown Los Angeles (zip code 90017), 655 Hope St Los Angeles boasts an address that’s hard to beat. This central location offers unparalleled access to business, entertainment, and culture.  

You’re not just buying a condo; you’re investing in a lifestyle where the city’s pulse is right at your doorstep.

The Vibrant Financial District and DTLA Core

Living at 655 Hope St places you amidst towering skyscrapers that house major corporations, law firms, and financial institutions. But the Financial District is more than just a 9-to-5 hub. It’s a dynamic neighborhood offering:

• Upscale dining options
• Chic bars and lounges
• Cultural venues
• High-end retail

The energy of DTLA is palpable, with continuous growth and development adding to its allure.

Accessibility & Transportation: A Walker’s and Rider’s Paradise

One of the most significant advantages of residing at 655 Hope St is its exceptional connectivity.  

• Walk Score: Consistently in the high 90s (often 98-99), making it a “Walker’s Paradise.” Daily errands do not require a car.  
• Transit Score: A perfect 100, a “Rider’s Paradise.” The 7th Street/Metro Center Station is mere steps away, offering access to multiple Metro lines (Red, Purple, Blue, Expo Lines).  
• Bike Score: Also very good (often around 85), with bike lanes and paths increasingly available.  

Freeway access is also convenient for those times when you do need to drive, connecting you to greater Los Angeles and beyond.

Living at 655 Hope St: A Look Inside the Condominiums

The residential offerings at 655 Hope St Los Angeles cater to a variety of urban dwellers, from single professionals to couples and small families. The 80 units generally consist of studio, one-bedroom, and two-bedroom loft-style condos.  

Unit Types and Typical Features

• Studios: Efficiently designed spaces, often starting around 530 square feet, perfect for a minimalist urban lifestyle.
• One-Bedroom Units: Offering more separation of space, these can range significantly, some even exceeding 1,000 square feet, often featuring open living/dining areas.
• Two-Bedroom Units: The largest options, providing ample room, often with multiple bathrooms and ideal for those needing extra space or a home office. Some two-bedroom units can be as large as 1,200-1,300 square feet.
• Live/Work Lofts: Some units are designated as live/work, offering flexibility for entrepreneurs and creatives.

Common interior features across many units include:

• Polished granite or quartz countertops
• High-end stainless steel appliances
• Hardwood flooring
• Modern bathrooms with glass showers
• In-unit washer and dryer (in many units)  
• Floor-to-ceiling windows offering spectacular city views  
• Some units feature two-story layouts, adding a dramatic flair.  

Building Amenities: Enhancing the Urban Experience

Residents of 655 Hope St enjoy a suite of amenities designed for comfort, convenience, and recreation:

• Rooftop Terrace: A stunning rooftop deck often equipped with BBQ areas, fire pits, and comfortable lounge seating – perfect for relaxing or entertaining while enjoying breathtaking city views.  
• Fitness Center: A well-equipped gym, allowing residents to maintain their fitness routines without leaving home.  
• 24-Hour Security & Concierge/Doorman: Providing peace of mind and assistance to residents.  
• Clubhouse/Recreation Room: A communal space, sometimes featuring a billiard table or media area.  
• Controlled Access: Ensuring a secure living environment.
• Parking: Community structure parking is available, which is a valuable asset in DTLA. Specifics (assigned/unassigned, number of spaces) can vary by unit.  
• Pet-Friendly: The building typically allows pets, though certain restrictions on breed or size may apply.

Commercial Space at 655 Hope St

While predominantly residential, 655 Hope St Los Angeles also features ground-floor commercial space. Historically, this has included restaurant establishments, adding to the building’s convenience and the neighborhood’s vibrancy. For instance, Unit #100 has been noted as a restaurant location. This mixed-use aspect further integrates the building into the lively streetscape of DTLA.  

The Downtown LA Lifestyle: What to Expect Near 655 Hope St

Choosing to live at 655 Hope St means embracing a vibrant and convenient urban lifestyle. The Financial District and the broader DTLA area offer an incredible array of attractions and necessities.

Dining and Entertainment

You’ll be spoiled for choice with countless restaurants, from casual eateries to Michelin-starred experiences. Nearby entertainment venues include:

• Crypto.com Arena (formerly Staples Center): Home to major sports teams and concerts.
• L.A. LIVE: An entertainment complex with theaters, restaurants, and the Grammy Museum.
• Microsoft Theater: Hosting concerts and award shows.
• The Music Center: Featuring Disney Concert Hall, Ahmanson Theatre, and Mark Taper Forum.

Shopping and Conveniences

• The Bloc: An open-air urban mall directly across the street, offering retail, dining, and even an Alamo Drafthouse cinema.  
• FIGat7th: Another popular shopping center with a Target, various retail stores, and a food court.  
• Whole Foods and Ralphs: Major grocery stores are within easy walking or a short driving distance.  
• Numerous boutique shops and essential services are scattered throughout DTLA.  

Culture and Education

The area is rich in cultural institutions:

• MOCA (Museum of Contemporary Art)
• The Broad Museum
• Los Angeles Central Library: A historic landmark with impressive architecture.
• Proximity to educational institutions like FIDM (Fashion Institute of Design & Merchandising) and Golden Gate University.

Real Estate Insights for 655 Hope St Los Angeles (2025)

As of early 2025, the real estate market in Downtown Los Angeles, including properties like 655 Hope St Los Angeles, presents a dynamic landscape.

• Condo Values: Prices for units at 655 Hope St vary based on size, floor, view, and interior upgrades. Studios might start in the $400,000s, while larger two-bedroom units can command prices well into the $800,000s or higher. The price per square foot typically ranges from $600 to over $800.
• HOA Fees: As with most full-amenity high-rise buildings, expect Homeowners Association (HOA) fees, which cover the maintenance of common areas, amenities, and building services. These can be a significant factor in monthly costs.
• Market Trends: The broader DTLA condo market has seen fluctuations. While there’s persistent demand for urban living, factors like interest rates and new inventory can influence prices. Some segments have experienced modest price adjustments, while others remain highly competitive. As of early 2025, there are reports of increased inventory in DTLA, potentially offering more options for buyers.

Navigating this market requires up-to-date knowledge. If you’re looking for properties in DTLA, including condos at 655 Hope St Los Angeles, partnering with experienced real estate professionals can provide invaluable assistance. For instance, the experts at NexMove can offer tailored advice and access to the latest listings in the Los Angeles area.

Why Consider 655 Hope St, Los Angeles?

Living at 655 Hope St offers a compelling package for those seeking an immersive urban experience:

• Prime Location: Unbeatable access to work, entertainment, and transport.
• Modern Amenities: Enhancing lifestyle and convenience.
• Variety of Units: Options to suit different needs and preferences.
• Vibrant Neighborhood: Surrounded by the best of DTLA.
• Strong Investment Potential: Downtown Los Angeles continues to be a desirable area for long-term real estate investment.

It’s a lifestyle choice that prioritizes convenience, excitement, and the cosmopolitan energy of a world-class city.

Frequently Asked Questions (FAQs) about 655 Hope St Los Angeles

What type of building is 655 Hope St Los Angeles? 655 Hope St is a 17-story high-rise condominium building featuring 80 loft-style residential units. It was originally an office building built in 1964 and was converted and expanded around 2010. It also has some ground-floor commercial space.  

Is 655 Hope St the same as The Pegasus apartments? No, 655 Hope St (condominiums) is a separate building from The Pegasus (apartments), which is located nearby at 612 Flower Street. Both offer luxury living in DTLA but are distinct properties.

What are the common amenities at 655 Hope St Los Angeles? Amenities typically include a rooftop terrace with BBQ and fire pit, a fitness center, 24-hour security/concierge, a clubhouse or recreation room, controlled access, and resident parking.  

Are pets allowed at 655 Hope St Los Angeles? Yes, 655 Hope St is generally a pet-friendly building, though specific rules and restrictions regarding pet size or breed may apply. It’s always best to verify the current pet policy.  

How is the parking situation at 655 Hope St? The building offers community structure parking. The specifics, such as whether parking is assigned or unassigned and the number of spaces per unit, can vary.  

What is the walkability and transit access like near 655 Hope St Los Angeles? The location boasts an excellent Walk Score (often 98-99) and a perfect Transit Score (100). The 7th St/Metro Center station is very close, providing access to multiple Metro lines.  

What kind of units are available at 655 S Hope St? The building offers studio, one-bedroom, and two-bedroom loft-style condominiums, some of which are live/work units. Unit sizes generally range from approximately 530 to 1,268 square feet.  

Conclusion: Is 655 Hope St Los Angeles Right for You?

655 Hope St Los Angeles offers a compelling blend of history, modern luxury, and an unbeatable urban location. For individuals who thrive in a dynamic city environment, value convenience and walkability, and appreciate contemporary loft-style living with comprehensive amenities, this building is an excellent contender in the Downtown Los Angeles real estate market.  

Its position in the Financial District means you’re at the crossroads of business and pleasure, with everything DTLA has to offer just steps away. As of 2025, the building continues to be a sought-after address for discerning urbanites. If you’re contemplating a move to or within DTLA, exploring what 655 Hope St has to offer could lead you to your ideal city home.

For personalized assistance with your property search in Downtown Los Angeles or to learn more about available units at 655 Hope St, consider reaching out to the local real estate experts at NexMove. Their team can be contacted via their website, and they offer services across the US, including in vibrant markets like Los Angeles. You can typically find contact information, such as phone numbers and email addresses, on the NexMove website.

Take the Next Step

Ready to explore your options in Downtown Los Angeles or specifically at 655 Hope St Los Angeles? Whether buying, selling, or seeking market insights, expert guidance is key. For more information and professional real estate services, visit https://nexmove.us/. The team at NexMove can help you navigate the LA market and find the property that perfectly suits your needs. Don’t hesitate to reach out to them for current listings and advice.