
Los Angeles, California 90017
This Luxury Condominium represents a High-Potential Investment Opportunity, listed at a List Price of $495,000—positioned well below the $870,000 Fair Market Value by 43%. This significant valuation gap offers $375,000 in Instant Equity. Featuring an Excellent Condition Rating, this corner unit boasts floor-to-ceiling windows with panoramic city views and resort-style amenities. Despite the short sale contingency, the property’s modern finishes and prime DTLA location make it a compelling acquisition for Buy-and-Hold Investors or Owner-Occupants seeking luxury at a substantial discount.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 877 Francisco Street 1128 Subject 1 bd · 2 ba · 972 sqft · $509 | $495,000* List Price | 1 | 2 | 972 | $509 | - |
A 1100 Wilshire 3005 Sold 1 bd · 1 ba · 800 sqft · $540 · 0.3 mi | $432,000 | 1 | 1 | 800 | $540 | 0.3 mi |
B 889 Francisco Street 1710 Active 1 bd · 1 ba · 750 sqft · $637 · 0.1 mi | $478,000 List Price | 1 | 1 | 750 | $637 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2017, the property is less than 10 years old and remains in mint condition. The kitchen features modern European cabinetry and premium integrated appliances, while the bathrooms and hardwood flooring show no signs of wear, meeting the criteria for a high-end, move-in ready residence with modern systems.
Residents have access to world-class amenities at Metropolis Tower Two, including a state-of-the-art fitness center, expansive pool and spa, movie theater, 24-hour concierge, and dedicated pet-friendly spaces.
This southwest-facing corner residence features floor-to-ceiling windows that maximize natural light and offer breathtaking panoramic views of the DTLA skyline and resort-style grounds.
Priced at $495,000, the property is listed significantly below its previous 2021 sale price of $870,000, offering a rare high-equity opportunity in a luxury high-rise.
The transaction is subject to lender short sale approval, which can result in a prolonged and unpredictable closing timeline for the buyer.
The property is being sold in its current condition without seller concessions for repairs, requiring the buyer to assume all responsibility for the unit's maintenance and upkeep.
Subject to lender short sale approval. Property sold as-is. Don't miss this rare opportunity to own a home in this highly desirable corner unit at Luxurious Metropolis Tower Two! This immaculate residence features elegant hardwood floors, sleek European cabinetry, and premium appliances, creating a refined and modern living space. Floor-to-ceiling windows on the southwest-facing corner flood the home with natural light while offering breathtaking panoramic views of the city skyline and the lush, resort-style amenities below. Indulge in DTLA's most luxuriousresort-style amenities, including an expansive pool & spa for ultimate relaxation, state-of-the-art fitness center, outdoor kitchen, BBQ area & dining spaces, movie theater, game room & business center, children's playground & dog run for pet-friendly convenience, 24-hour security & concierge services for peace of mind. Located in the heart of Downtown LA, you're just minutes away from world-class dining, entertainment, shopping, and cultural landmarks. Don't miss this opportunity and schedule your private tour today!
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 | 972 | 1,252.996 |
| Lot Size | 128,959 | 26,029.603 |
| Price | $495.0K | $778.5K |
| Price per sq ft | $509 | $629 |
| Built year | 2017 | 1981 |
| HOA | $706.46 | $676 |
| Days on market | 133 | 74 |
Oct 28, 2026
$495,000
$550,000
-10% Price Drop
Initial Listing
Jul 8, 2026
$550,000
$650,000
-15% Price Drop
Initial Listing
Jun 29, 2026
$650,000
Initial Listing
Mar 16, 2021
$870,000
Public Record