
Los Angeles, California 90017
This Luxury High-Rise Condominium represents a Strong Value Opportunity, listed at $779,000—positioned well below the $753,849 Fair Market Value by -3%. Featuring a Mint Condition Rating, this residence offers a rare private balcony with panoramic west-facing city views and high-end finishes. Residents enjoy world-class amenities, including a resort-style pool and 24/7 security in the heart of DTLA. This turnkey property provides a sophisticated urban lifestyle, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium, low-maintenance residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 877 Francisco Street 1116 Subject | $779,000* List Price | 1 | 2 | 1,000 | $779 | - |
A 877 Francisco Street 2002 Sold | $730,000 | 1 | 2 | 823 | $887 | 0.0 mi |
B 877 Francisco Street 2707 Sold | $750,000 | 1 | 1 | 870 | $862 | 0.0 mi |
C 1100 Wilshire Boulevard 2911 Sold | $758,000 | 2 | 1 | 1,140 | $665 | 0.3 mi |
D 889 Francisco Street 806 Sold | $949,500 | 2 | 3 | 1,400 | $678 | 0.1 mi |
E 877 Francisco Street 806 Active | $699,000 List Price | 1 | 2 | 1,018 | $687 | 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 remains in mint condition. It features a modern open-concept kitchen with high-end integrated Bosch appliances, luxury bathrooms with elegant stonework and floating vanities, and contemporary systems throughout, requiring no maintenance.
As one of the few units in the building featuring a private balcony, this residence offers exclusive west-facing sunset and cityscape views that are highly coveted in high-rise urban living.
The unit boasts an unusual amount of storage for a one-bedroom floor plan, including a walk-in closet, a dedicated shoe closet, and multiple storage closets in the entry and living areas.
Residents have access to a comprehensive luxury amenity package, including a resort-style pool, steam rooms, a dog park, and 24/7 guarded security in a prime DTLA location.
The monthly association fee of approximately $856 is a significant recurring expense that may impact the property's appeal to budget-conscious buyers or investors looking for higher yields.
With 175 days on the market and a recent price reduction, the property has experienced a slower-than-average absorption rate, which may affect its perceived market value during negotiations.
BALCONY UNIT, RARE- It's one of the very few units at this building with a balcony and with these views, it's definitely a special one. Ideally facing west to capture stunning sunset views and a gorgeous cityscape, Residence 1116 at the popular Metropolis II Towers offers an exceptional living experience. As one of the most magnificent high-rise condominium buildings in Los Angeles, this residence welcomes you with guarded security and an impressive lobby featuring soaring ceilings, attentive concierge service, and sophisticated finishes that set the tone for this urban oasis. Upon entering Residence 1116, you're immediately greeted by breathtaking west-facing views that flood the space with natural light. A convenient coat closet and powder room lead you into a beautifully designed open-concept kitchen, dining, and living area, perfect for today's most discerning buyer who values seamless entertaining and modern living. Step onto your private terrace off the living room and immerse yourself in panoramic city views while savoring your morning coffee or evening wine. This is your personal retreat above it all. The generously sized bedroom features two thoughtfully designed closets: a walk-in and an organized shoe closet with shelving. The luxurious ensuite bathroom showcases elegant stonework surrounding the tub and a sleek floating vanity, creating a spa-like atmosphere. At just under 1,000 square feet, this condominium delivers the perfect balance of luxury and livability. To add, there is great closet space in this particular plan and that is an important item for many. There is a double door coat closet in the entry, there's a storage closet in the living room, two closets in the bedroom, and there's another storage closet in the powder room. The building's exceptional amenities elevate your lifestyle with a sophisticated club room, billiard room, business center, fitness facility, resident lounge, and locker rooms complete with steam room. The outdoor amenities are truly spectacular: a stunning glass-walled outdoor kitchen, resort-style pool, hot tub positioned to capture those mesmerizing west-facing city views, dog park, children's playground, beautifully landscaped park areas, and inviting sitting spaces throughout. This is truly a place you'll be proud to call home. The location is unbeatable as you'll be surrounded by incredible dining destinations including the new Javier's and Mastro's, with convenient access to Whole Foods and the highly anticipated Erewhon Market opening in 2027. Cultural attractions like the renowned MOCA, The Broad, and Walt Disney Concert Hall are just moments away. Make your appointment today. This exceptional residence won't last long.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,000 | 1,219.385 |
| Lot Size | 128,959 | 27,236.074 |
| Price | $779.0K | $800.2K |
| Price per sq ft | $779 | $650 |
| Built year | 2017 | 1979 |
| HOA | $855.79 | $685 |
| Days on market | 216 | 72 |
Mar 14, 2026
$779,000
$799,000
-3% Price Drop
Initial Listing
Feb 5, 2026
$799,000
Initial Listing
Jun 14, 2024
$700,000
Public Record