
Los Angeles, California 90017
This Modern High-Rise Studio represents a Strong Value Opportunity, listed at $285,000—positioned well below the $320,468 Fair Market Value by 11%. This valuation gap provides $35,468 in Instant Equity. Featuring an Excellent Condition Rating, the unit boasts High-End Modern Finishes including Bosch appliances and a Private Terrace with City Lights Views. This turnkey residence offers a sophisticated urban lifestyle, making it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a premium downtown location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 877 Francisco Street 1020 Subject 0 bd · 1 ba · 495 sqft · $647 | $285,000* List Price | 0 | 1 | 495 | $647 | - |
A 889 S Francisco Street 2805 Sold 0 bd · 1 ba · 480 sqft · $685 · 0.1 mi | $329,000 | 0 | 1 | 480 | $685 | 0.1 mi |
B 877 Francisco Street 623 Active 0 bd · 1 ba · 486 sqft · $556 | $270,000 List Price | 0 | 1 | 486 | $556 | - |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2017, this property is less than 10 years old and remains in mint condition. It features a modern kitchen with integrated Bosch appliances and Caesarstone countertops, high-end Hansgrohe and Duravit bath fixtures, and contemporary flooring, requiring no maintenance or updates.
The studio features premium Italian cabinetry, integrated Bosch appliances, and Caesarstone countertops, offering a sophisticated aesthetic usually found in larger luxury residences.
Unlike many high-rise studios, this unit includes a large private terrace, significantly extending the living area and providing a rare outdoor retreat in an urban setting.
Built in 2017, the property offers contemporary architecture with towering window walls that showcase impressive city light views, ensuring a bright and vibrant atmosphere.
With only 495 square feet of living space, the studio layout may be challenging for buyers seeking distinct living and sleeping areas or ample storage.
Located in a high-traffic area of Downtown Los Angeles, residents may experience typical metropolitan noise levels and the fast-paced environment of a dense city center.
Rediscover Downtown Los Angeles' iconic address for premier high-rise living. This expertly configured studio with large terrace features a thoughtful open design with a seamless, modern kitchen, walk-in closet and towering window walls. A place to play up your culinary skills, host, or even savor take-out from the acclaimed restaurants that surround, the kitchen is outfitted with sleek Caesarstone countertops, custom made Italian cabinetry with under cabinet LED lighting and integrated Bosch appliances.The bathroom includes a custom-designed vanity, Hansgrohe & Duravit Bath Fixtures, and a large soaking tub with stone surround, to create a luxurious setting for relaxing at the end of the day with a little bubbly.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 495 | 1,252.996 |
| Lot Size | 128,959 | 26,029.603 |
| Price | $285.0K | $778.5K |
| Price per sq ft | $576 | $629 |
| Built year | 2017 | 1981 |
| HOA | $259.8 | $676 |
| Days on market | 24 | 74 |
Oct 16, 2026
$285,000
Initial Listing