
Los Angeles, California 90017
This Modern Condominium represents a Strong Value Opportunity, listed at $655,000—positioned well below the $732,880 Fair Market Value by 10%. This valuation gap provides $77,880 in Instant Equity for the buyer. Featuring a Mint Condition Rating and a rare 1-bedroom, 2-bathroom layout, the unit offers premium amenities including a Resort-Style Pool, Skypark, and 24-Hour Security. This property balances luxury urban living with financial prudence, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-end DTLA lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 877 Francisco Street 1112 Subject 1 bd · 2 ba · 909 sqft · $578 | $525,000* List Price | 1 | 2 | 909 | $578 | - |
A 1100 Wilshire 3005 Sold 1 bd · 1 ba · 800 sqft · $540 · 0.3 mi | $432,000 | 1 | 1 | 800 | $540 | 0.3 mi |
B 889 Francisco Street 911 Active 1 bd · 2 ba · 870 sqft · $563 · 0.1 mi | $490,000 List Price | 1 | 2 | 870 | $563 | 0.1 mi |
* 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. The kitchen features modern flat-panel cabinetry and high-end integrated appliances, while the overall interior shows no signs of wear, meeting all criteria for an excellent rating.
Located in the prestigious Metropolis, the property offers an extensive suite of high-end amenities including a skypark, resort-style pool, 24-hour security, and a fully-equipped gym, providing a premium urban lifestyle.
Positioned as the best-priced unit in the building at $655,000, this residence offers a significant entry-point advantage compared to its previous 2021 sale price of $730,000.
Built in 2017, this contemporary 909 sqft unit features a rare one-bedroom, two-bathroom configuration, offering enhanced privacy and convenience for guests that is uncommon in standard one-bedroom floor plans.
The association fee of $931.86 per month is relatively high for a one-bedroom unit, which may impact overall affordability and debt-to-income ratios for potential buyers.
The property is currently listed for $75,000 less than its 2021 purchase price, indicating a downward trend in resale value that may concern investors looking for immediate equity growth.
Subject to lender short sale approval. Property sold as-is. Welcome home to this stylish residence at Metropolis Tower Two, in the heart of downtown Los Angeles. Floor-to-ceiling windows flood the home with natural light and frame a rare pool-side vantage, overlooking the resort-style amenities below. Residents enjoy access to a half-acre sky park, a sparkling pool and hot tub, a full fitness center, and beautifully maintained common spaces; HOA dues cover all building amenities. This unit offers a functional, open layout ideal for both relaxing and entertaining. Buyer financing options, including low and no down payment assistance programs, rent-to-own, and traditional leasing may be available ask your agent for details.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 909 | 1,252.996 |
| Lot Size | 128,959 | 26,029.603 |
| Price | $525.0K | $778.5K |
| Price per sq ft | $578 | $629 |
| Built year | 2017 | 1981 |
| HOA | $931.86 | $676 |
| Days on market | 60 | 74 |
Sep 29, 2026
$525,000
$620,000
-15% Price Drop
Initial Listing
Sep 24, 2026
$620,000
$655,000
-5% Price Drop
Initial Listing
Sep 10, 2026
$655,000
Initial Listing
Mar 31, 2021
$730,000
Public Record