877 S Francisco 2503, Los Angeles, California 90017, Los Angeles, 90017 - 1 bed, 1 bath
Loading property details...
Los Angeles, California 90017
This Modern Condominium represents a High-Potential Investment Opportunity, listed at $546,600—positioned well above the $472,297 Fair Market Value by -15%. While the property features an Excellent Condition Rating with modern finishes and panoramic city views, the high association fees and compact 695 sqft footprint require careful yield analysis. The 2017 construction ensures minimal maintenance, making it a stable, turnkey asset. This property is best suited for Buy-and-Hold Investors or Owner-Occupants prioritizing a central DTLA lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 877 S Francisco 2503 Subject | $499,999* List Price | 1 | 1 | 695 | $657 | - |
A 889 Francisco Street 2611 Sold | $550,000 | 1 | 2 | 890 | $618 | 0.0 mi |
B 877 Francisco Street 1819 Sold | $369,000 | 0 | 1 | 544 | $678 | 0.0 mi |
C 655 S Hope Street 607 Sold | $460,000 | 2 | 2 | 850 | $541 | 0.4 mi |
D 889 Francisco Street 2601 Active | $599,000 List Price | 1 | 2 | 780 | $768 | 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 less than 10 years old and meets the criteria for excellent condition. The interior features modern light hardwood flooring, recessed lighting, and floor-to-ceiling windows. As a newer luxury high-rise, the HVAC and electrical systems are modern, and the building amenities are in mint condition with no maintenance required.
Built in 2017, this contemporary condominium offers modern architectural standards and well-maintained interiors, minimizing the need for immediate capital improvements.
Situated in a highly desirable central location near the Convention Center and major freeways, the property provides unparalleled access to premier shopping, dining, and urban amenities.
The unit features impressive city light views, a premium high-rise characteristic that significantly enhances the daily living experience and long-term investment appeal.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 695, other record living area = 545.
The monthly association fee of $966 is substantial for a one-bedroom unit, which may impact buyer affordability and overall net rental yields for investors.
At 695 square feet, the living space is relatively compact, which could be a constraint for owner-occupants requiring more storage or a dedicated home office area.
MAJOR PRICE IMPROEMENT!! Welcome to this well-maintained and thoughtfully designed home located in a desirable Los Angeles community. Offering a comfortable layout and excellent natural light, this property presents a great opportunity for both owner-occupants and investors. The home features a functional floor plan with inviting living spaces, a well-appointed kitchen, and generously sized bedrooms designed for everyday comfort. Whether you’re looking for a primary residence or a rental investment, this property offers flexibility and long-term value. Conveniently located near shopping, dining, Convention Center and major freeways, the home provides easy access to all that Los Angeles has to offer. A great opportunity to own in a central location. Don’t miss your chance to explore the value this home offers.Seller will review offers after the weekend. (EASy TO SHOW AFTER APPOITMENT. Parking is available in the RIGHT PARKING LOT and can validate parking pass at the front desk for up to 1 hour.)
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 | 695 | 1,243 |
| Lot Size | 128,959 | 24,016 |
| Price | $500.0K | $805.6K |
| Price per sq ft | $719 | $659 |
| Built year | 2017 | 1981 |
| HOA | $966.0 | $684 |
| Days on market | 92 | 71 |
Jul 8, 2026
$499,999
$539,900
-7% Price Drop
Initial Listing
Jun 22, 2026
$539,900
$546,000
-1% Price Drop
Initial Listing
Jun 7, 2026
$546,000
$546,600
+0% Price Increase
Initial Listing
Apr 21, 2026
$546,600
Initial Listing
Feb 1, 2023
$510,000
Public Record