
Los Angeles, California 90017
This Luxury Turnkey Studio in Metropolis Tower II is listed at $480,000, offering a premium high-floor residence near its $425,203 Fair Market Value. Boasting an Excellent Condition Rating, this 2017-built home features the building's largest studio floor plan at 629 sq. ft., enhanced by floor-to-ceiling windows and a private balcony with panoramic City Lights Views. Residents enjoy world-class amenities including a resort-style pool, sky park, and 24-hour concierge within the Los Angeles Unified district. This sophisticated sanctuary is ideal for Urban Professionals or Owner-Occupants seeking a premier DTLA lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 877 Francisco Street #1715 Subject | $480,000* List Price | 0 | 1 | 629 | $676 | - |
A 877 Francisco Street 1819 Sold | $369,000 | 0 | 1 | 544 | $678 | 0.0 mi |
B 889 Francisco Street 1811 Sold | $520,000 | 1 | 2 | 870 | $598 | 0.1 mi |
C 877 Francisco Street 1003 Sold | $480,000 | 1 | 1 | 695 | $691 | - |
D 655 S Hope Street 607 Sold | $460,000 | 2 | 2 | 850 | $541 | 0.3 mi |
E 877 Francisco Street 708 Active | $545,000 List Price | 1 | 1 | 852 | $640 | 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 practically new construction. The images confirm modern, high-end finishes throughout, including a contemporary kitchen with integrated appliances and a 'spa-inspired' bathroom with sleek tiling and fixtures. All components appear new or virtually new, with no signs of wear or deferred maintenance, aligning perfectly with 'Excellent' condition criteria.
Situated in the heart of Downtown Los Angeles, steps from major attractions like LA Live and Crypto.com Arena, offering unparalleled access to dining, entertainment, and cultural hubs.
Residents benefit from a wide array of luxury amenities including a 24-hour attended lobby, sky park with pool, fitness center, business center, screening room, dog park, secure parking, and concierge services.
Built in 2017, the unit features a beautifully designed open layout with floor-to-ceiling windows, clean modern finishes, generous storage, and a spa-inspired bath, providing a contemporary living experience.
The $710 monthly association fee is substantial for a studio unit, adding a significant ongoing cost to homeownership.
Multiple price drops from the original list price of $560,000 to $480,000, coupled with a previous sale price of $680,000 in 2023, indicate potential market challenges or a motivated seller, raising questions about current market value.
Despite being the largest studio, the single-room configuration may limit the buyer pool, as it does not offer separate bedroom spaces, which can be a drawback for some prospective buyers.
Welcome to Metropolis Tower II Residence #1715, a beautifully designed studio in the heart of Downtown Los Angeles. This 629 sq. ft. home is the largest studio floor plan in the building, featuring an open layout with floor-to-ceiling windows and a private balcony to enjoy sweeping city views. The kitchen and living area flow seamlessly together, creating a bright and versatile space that's perfect for both relaxing and entertaining. Clean modern finishes, generous storage, and a spa-inspired bath give the home a refined yet comfortable feel, while the private balcony extends your living space outdoors. As a resident of Metropolis, you'll enjoy resort-style amenities: 24-hour attended lobby, sky park with pool and cabanas, state-of-the-art fitness center, business center, screening room, and dog park. Secure parking and concierge services make city living effortless. Located just steps from LA Live, Crypto.com Arena, world-class dining, shopping, and entertainment, Residence #1715 sits at the center of DTLA's ongoing transformation. With the city preparing to welcome major global events and continued investment in the area, this home offers not just comfort and style today, but an address with unmatched long-term appeal in one of Los Angeles's most dynamic neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 1.5 | 13% |
| Baths | 1.0 | 2.0 | 44% |
| Square foot | 629 | 870 | 13% |
| Lot Size | 128,959 | 71,352 | 75% |
| Price | $480.0K | $540.0K | 44% |
| Price per sq ft | $763 | $620 | 81% |
| Built year | 2017 | 2006 | 56% |
| HOA | $710.0 | $975 | 25% |
| Days on market | 247 | 234 | 63% |
Nov 25, 2025
$480,000
$490,000
-2% Price Drop
Initial Listing
Nov 11, 2025
$490,000
$500,000
-2% Price Drop
Initial Listing
Aug 31, 2025
$500,000
$560,000
-11% Price Drop
Initial Listing
Aug 18, 2025
$560,000
Initial Listing
Jan 27, 2023
$680,000
Public Record