877 Francisco 1123, Los Angeles, California 90017, Los Angeles, 90017 - bed, 1 bath

877 Francisco 1123, Los Angeles, California 90017 home-pic-0
ACTIVE$499,000
877 Francisco 1123, Los Angeles, California 90017
0Bed
1Bath
491Sqft
128,959Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Luxury Building & Extensive Amenities: Located in the new luxury Metropolis High Rise Condo Tower II, offering 24-hour security, a resort-style pool, fitness center, dog park, theatre room, and business center.
Top Cons:
Compact Living Space: With 491 sqft, the unit offers a relatively small living area, which may limit appeal for buyers seeking more spacious accommodations.

Compared to the nearby listings

Price:$499.0K vs avg $530.0K ($-31,000)41%
Size:491 sqft vs avg 827 sqft7%
Price/sqft:$1.0K vs avg $62297%

More Insights

Built in 2017 (8 years old).
Condition: Built in 2017, this unit is practically new and aligns perfectly with the 'Excellent' criteria. The kitchen features modern, integrated appliances (including a Bosch oven) and custom flat-panel cabinetry. The bathroom boasts a contemporary design with a soaking tub, modern tiling, and a floating vanity. Hardwood floors are consistent throughout, and all fixtures and finishes appear to be of high quality and in pristine condition, showing no signs of wear or deferred maintenance.
Year Built
2017
Close
-
List price
$499K
Original List price
$499K
Price/Sqft
$1,016
HOA
$566.33
Days on market
-
Sold On
-
MLS number
WS25249341
Home ConditionExcellent
Features
Excellent View: City Lights
Deck
Pool
ViewCity Lights

About this home

Rare opportunity to purchase a fully furnished unit in the new luxury Metropolis High Rise Condo Tower II with rare to find large balcony. This unit featuring custom built cabinets, soaking bathtub, laundry and washer and dryer in the unit, impeccable city views and great amenities for enjoyment includes 24 hours security, resort style pool, fitness center, garden, firepit, relaxation area, billiard room, dog park, theatre room, business center, and special access to Hotel Indigo's dining and lounge which is right next door. This special benefit at Hotel Indigo also great for when you have guests, but are still able to enjoy your own home without the hassle of hosting and giving up your personal space.. Location is unbeatable with easy access to 110,10,and 101 freeway, this complex is also very close to Crypto.com arena, and all the famous districts and restaurants at your grasp.

Price History

Date
Event
Price
02/18/22
Sold
$540,000
Condition Rating
Excellent

Built in 2017, this unit is practically new and aligns perfectly with the 'Excellent' criteria. The kitchen features modern, integrated appliances (including a Bosch oven) and custom flat-panel cabinetry. The bathroom boasts a contemporary design with a soaking tub, modern tiling, and a floating vanity. Hardwood floors are consistent throughout, and all fixtures and finishes appear to be of high quality and in pristine condition, showing no signs of wear or deferred maintenance.
Pros & Cons

Pros

Luxury Building & Extensive Amenities: Located in the new luxury Metropolis High Rise Condo Tower II, offering 24-hour security, a resort-style pool, fitness center, dog park, theatre room, and business center.
Prime Downtown Location: Unbeatable accessibility to major freeways (110, 10, 101) and close proximity to Crypto.com Arena, famous districts, and restaurants.
Fully Furnished & Turnkey: The unit is offered fully furnished, providing immediate move-in readiness and convenience for a seamless transition.
Premium In-Unit Features & Views: Boasts custom built cabinets, a soaking bathtub, in-unit laundry, a rare large balcony, and impeccable city views.
Exclusive Hotel Indigo Access: Special access to Hotel Indigo's dining and lounge, offering unique benefits for entertaining guests without compromising personal space.

Cons

Compact Living Space: With 491 sqft, the unit offers a relatively small living area, which may limit appeal for buyers seeking more spacious accommodations.
Significant Monthly HOA Fees: The $566.33 monthly association fee is substantial, adding a considerable recurring cost to ownership.
Recent Price Reduction: The current list price of $499,000 is lower than its previous sale price of $540,000, which may raise questions for potential buyers regarding market value or condition.

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