
Los Angeles, California 90015
This Modern High-Rise Condominium represents a Strong Value Opportunity, listed at $705,000—positioned well below the $642,165 Fair Market Value by -9%. While the list price exceeds the current estimation, the property maintains a Mint Condition Rating and offers a sophisticated lifestyle in the heart of South Park. Featuring panoramic city light views, a resort-style pool, and premium Miele appliances, this residence provides immediate access to DTLA’s premier entertainment. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey urban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 877 Francisco Street 1112 Subject | $699,000* List Price | 1 | 2 | 909 | $704 | - |
A 1050 S Grand Avenue 705 Sold | $510,000 | 1 | 1 | 683 | $747 | 0.5 mi |
B 1100 S Hope Street 911 Sold | $559,000 | 1 | 1 | 908 | $616 | 0.5 mi |
C 1050 S Grand Avenue 1206 Sold | $550,000 | 1 | 1 | 650 | $846 | 0.5 mi |
D 645 W 9th Street 703 Sold | $720,000 | 2 | 2 | 1,090 | $661 | 0.2 mi |
E 1100 S Hope Street 511 Sold | $525,999 | 1 | 1 | 890 | $591 | 0.5 mi |
F 1100 S Hope Street 1507 Sold | $530,000 | 1 | 1 | 860 | $616 | 0.5 mi |
G 901 S Flower Street 513 Active | $599,000 List Price | 1 | 1 | 900 | $666 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2017, this residence is less than 10 years old and remains in mint condition. The property features a modern open-concept kitchen with premium Miele appliances and stone surfaces, high-end contemporary finishes, and updated systems consistent with a luxury high-rise of this age.
Metropolis Tower II offers an elite living experience with 24-hour concierge, a resort-style pool, fitness center, and a landscaped sky garden, providing a comprehensive luxury lifestyle.
The property is situated in the heart of Downtown LA's most desirable district, offering immediate proximity to LA Live, Crypto Arena, and premier dining and entertainment venues.
Built in 2017, the residence features a contemporary open-concept layout with high-quality finishes and expansive windows that capture stunning city light views.
The monthly association fee of $931.86 is substantial for a one-bedroom unit, which may impact overall affordability and investor cap rates.
The current list price of $705,000 is lower than the 2021 sale price of $730,000, suggesting a lack of appreciation and potential volatility in the DTLA high-rise market.
Residence 1112 at Metropolis Tower II offers modern high-rise living in the heart of Downtown Los Angeles' South Park district. This contemporary condominium features an open-concept layout designed for natural light, flow, and everyday functionality, with expansive windows that frame city views and create a bright, airy interior. Clean architectural lines, quality finishes, and a thoughtfully planned floor plan give the home a refined, modern aesthetic suited for both daily living and entertaining.The kitchen integrates seamlessly with the main living area, offering sleek cabinetry, stone surfaces, and premium appliances that support both convenience and design continuity. The bedroom suite is positioned for privacy and comfort, complemented by a spacious closet and a spa-inspired bath with modern fixtures and finishes. Overall, the residence balances efficient use of space with a sophisticated urban design sensibility.Metropolis Tower II is one of DTLA's most amenity-rich full-service buildings, known for its contemporary architecture and resort-style environment. Residents enjoy 24-hour concierge service, controlled access, a resort pool, fitness center, landscaped sky garden, lounge and work spaces, and curated common areas designed to extend living beyond the unit itself. The building's reputation for quality amenities and professional management continues to make it a top choice among Downtown Los Angeles high-rise residences.Located moments from LA Live, Crypto Arena, top dining, retail, and major employment centers, the property offers immediate access to the best of urban Los Angeles. This central South Park location supports both lifestyle convenience and long-term value, positioning the residence as a compelling opportunity for buyers seeking a modern Downtown Los Angeles condo in a full-service luxury building.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 909 | 1,260 | 40% |
| Lot Size | - | 44,583 | 12% |
| Price | $699.0K | $625.0K | 60% |
| Price per sq ft | $769 | $619 | 68% |
| Built year | 2017 | 2007 | 84% |
| HOA | $931.86 | $986 | 40% |
| Days on market | 121 | 214 | 20% |
May 12, 2026
$699,000
$705,000
-1% Price Drop
Initial Listing
Feb 13, 2026
$705,000
Initial Listing
Mar 31, 2021
$730,000
Public Record