
Los Angeles, California 90017
This Modern Luxury Condominium is a Strong Value Opportunity, listed at $599,000—positioned well below the $624,001 Fair Market Value by 4%. This valuation gap offers $25,001 in Instant Equity for the buyer. Featuring an Excellent Condition Rating, this residence boasts a high-end kitchen with Miele appliances and Italian cabinetry. With its City Lights view and prime location near L.A. Live, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated, turnkey urban lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 877 Francisco Street 1208 Subject | $599,000* List Price | 1 | 1 | 852 | $732 | - |
A 889 Francisco Street 2611 Sold | $550,000 | 1 | 2 | 890 | $618 | 0.0 mi |
B 877 Francisco Street 2707 Sold | $750,000 | 1 | 1 | 870 | $862 | - |
C 1100 Wilshire 3005 Sold | $432,000 | 1 | 1 | 800 | $540 | 0.3 mi |
D 877 Francisco Street 2002 Sold | $730,000 | 1 | 2 | 823 | $887 | - |
E 1100 Wilshire Boulevard 2911 Sold | $758,000 | 2 | 1 | 1,140 | $665 | 0.3 mi |
F 877 Francisco Street 708 Active | $490,000 List Price | 1 | 1 | 852 | $575 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2017, this property is under 10 years old and in mint condition. It features a high-end modern kitchen with Miele appliances and Italian cabinetry, premium spa-like bathroom fixtures, and updated systems including a Nest thermostat, requiring no maintenance.
The residence features high-end Miele appliances, custom Italian cabinetry with LED lighting, and 7.5-inch wide oak plank flooring, offering a turnkey luxury living experience.
Situated in the prestigious Metropolis Tower, the property is moments from L.A. Live and Crypto.com Arena, providing unparalleled access to Downtown LA's premier dining and entertainment.
The southeast-facing orientation ensures abundant natural morning light, while the 852 sqft open-concept floor plan provides a spacious feel rarely found in one-bedroom urban condos.
The monthly HOA fee of $768.24 represents a significant recurring cost that may impact the debt-to-income ratio and overall affordability for prospective buyers.
The current list price of $599,000 is notably lower than the 2022 sale price of $680,000, indicating a downward trend in valuation for this specific unit over the last two years.
Welcome to this expansive 1-bedroom residence in the prestigious Metropolis Tower, offering 852 sqft of modern elegance. With its southeast-facingorientation,this home is bathed in abundant morning sunlight, creating a bright and inviting atmosphere throughout the day. Designed for both comfort and style, the openconceptkitchenfeatures Caesarstone countertops, custom Italian cabinetry with LED lighting, and integrated Miele appliances. The spacious living area flows seamlessly,enhancedby 7.5 wide oak plank flooring and custom-built window shades for effortless light control. The serene bedroom provides a tranquil retreat, while the spa-likebathroomboasts a custom-designed vanity, Hansgrohe & Duravit fixtures, and a deep soaking tub with stone surround, perfect for relaxation. Additional modernconveniences includea Nest Learning Thermostat and high-end finishes throughout. Located just moments from L.A. Live, Crypto.com Arena, and the city's best dining andentertainment, thishome offers a sophisticated urban lifestyle in the heart of Downtown LA. Don t miss this opportunity schedule your private showing today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 852 | 1,219.385 |
| Lot Size | 128,959 | 27,236.074 |
| Price | $599.0K | $800.2K |
| Price per sq ft | $703 | $650 |
| Built year | 2017 | 1979 |
| HOA | $768.24 | $685 |
| Days on market | 26 | 72 |
Aug 14, 2026
$599,000
Initial Listing
Apr 18, 2022
$680,000
Public Record
Mar 31, 2021
$650,000
Public Record