877 Francisco 1720, Los Angeles, California 90017, Los Angeles, 90017 - bed, 1 bath
ACTIVE$380,000$494/sqft
877 Francisco 1720, Los Angeles, California 90017
0Bed
1Bath
494Sqft
128,959Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Downtown LA Location: Situated in the heart of DTLA, offering convenient access to entertainment venues, restaurants, fine dining, and major freeways for easy commuting.
Top Cons:
High Monthly Association Fees: The association fee of $821.99 per month is substantial for a studio unit, significantly impacting the overall cost of ownership.
Compared to the nearby listings
Price:$380.0K vs avg $520.0K ($-140,000)14%
Size:494 sqft vs avg 848.5 sqft7%
Price/sqft:$769 vs avg $60879%
More Insights
Built in 2017 (9 years old).
Condition: This property was built in 2017, making it only 7 years old, which falls well within the 'built within 10 years' criteria for an excellent rating. The images confirm a newly built or recently renovated aesthetic. The kitchen features sleek, modern cabinetry, integrated appliances (including a built-in oven and gas cooktop), and contemporary finishes, all appearing virtually new. The bathroom is equally modern with a floating vanity, stylish tiling, and a clean, updated design. Hardwood flooring throughout the main living areas is in pristine condition, and the overall unit shows no signs of wear, tear, or deferred maintenance. All components meet current quality standards, reflecting a high-end, move-in ready condition.
Year Built
2017
Close
-
List price
$380K
Original List price
$380K
Price/Sqft
$769
HOA
$821.99
Days on market
-
Sold On
-
MLS number
CV26011666
Home ConditionExcellent
Features
Excellent View: City Lights, Mountain(s)
Deck
Pool
Spa
Patio
ViewCity Lights,Mountain(s)
About this home
Experience luxury urban living in this sleek high-rise condo featuring a spacious studio, 1-bathroom open floor plan with panoramic views of downtown Los Angeles city lights. Situated in the heart of DTLA, this residence is conveniently located near entertainment venues, restaurants, fine dining establishments, and major freeways for easy commuting. The building offers 24-hour security and concierge services, along with amenities such as a state-of-the-art gym, refreshing pool, rejuvenating spa, and a dedicated dog park, meeting rooms and a movie theater, perfect for hosting events and family gatherings. The unit is equipped with built-in appliances and includes a washer and dryer for added convenience. Floor-to-ceiling windows throughout showcase stunning city views, creating a contemporary and inviting atmosphere. Don't miss the opportunity to own this urban retreat in the heart of bustling downtown LA!
G
Guannan Li
Listing Agent
Price History
Date
Event
Price
08/29/18
Sold
$637,000
Condition Rating
Excellent
This property was built in 2017, making it only 7 years old, which falls well within the 'built within 10 years' criteria for an excellent rating. The images confirm a newly built or recently renovated aesthetic. The kitchen features sleek, modern cabinetry, integrated appliances (including a built-in oven and gas cooktop), and contemporary finishes, all appearing virtually new. The bathroom is equally modern with a floating vanity, stylish tiling, and a clean, updated design. Hardwood flooring throughout the main living areas is in pristine condition, and the overall unit shows no signs of wear, tear, or deferred maintenance. All components meet current quality standards, reflecting a high-end, move-in ready condition.
Pros & Cons
Pros
Prime Downtown LA Location: Situated in the heart of DTLA, offering convenient access to entertainment venues, restaurants, fine dining, and major freeways for easy commuting.
Extensive Building Amenities: The building provides a state-of-the-art gym, refreshing pool, rejuvenating spa, dedicated dog park, meeting rooms, and a movie theater, enhancing the luxury urban living experience.
Panoramic City Views: Features stunning panoramic views of downtown Los Angeles city lights from floor-to-ceiling windows, creating a contemporary and inviting atmosphere.
Modern Unit & Features: Built in 2017, this sleek high-rise condo includes built-in appliances and an in-unit washer and dryer, offering modern convenience and design.
Enhanced Security & Services: The building offers 24-hour security and concierge services, providing residents with peace of mind and added convenience.
Cons
High Monthly Association Fees: The association fee of $821.99 per month is substantial for a studio unit, significantly impacting the overall cost of ownership.
Significant Price Depreciation: The current list price of $380,000 is considerably lower than its 2018 sale price of $637,000, warranting further investigation into the reasons for such a substantial value decrease.
Limited Living Space: As a 494 sqft studio unit, the open floor plan may limit appeal to buyers seeking more distinct living areas or larger square footage.