877 Francisco Street 1208, Los Angeles, California 90017, Los Angeles, 90017 - 1 bed, 1 bath

877 Francisco Street 1208, Los Angeles, California 90017 home-pic-0
ACTIVE$695,000
877 Francisco Street 1208, Los Angeles, California 90017
1Bed
1Bath
852Sqft
128,959Lot
Year Built
2017
Close
-
List price
$695K
Original List price
$719K
Price/Sqft
$816
HOA
$904
Days on market
-
Sold On
-
MLS number
OC25050455
Home ConditionExcellent
Features
Excellent View: City Lights
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $695.0K(72th), sqft - 852(50th), beds - 1(50th), baths - 1(50th).

Welcome to this expansive 1-bedroom residence in the prestigious Metropolis Tower, offering 852 sqft of modern elegance. With its southeast-facing orientation, this home is bathed in abundant morning sunlight, creating a bright and inviting atmosphere throughout the day. Designed for both comfort and style, the open-concept kitchen features Caesarstone countertops, custom Italian cabinetry with LED lighting, and integrated Miele appliances. The spacious living area flows seamlessly, enhanced by 7.5” wide oak plank flooring and custom-built window shades for effortless light control. The serene bedroom provides a tranquil retreat, while the spa-like bathroom boasts a custom-designed vanity, Hansgrohe & Duravit fixtures, and a deep soaking tub with stone surround, perfect for relaxation. Additional modern conveniences include a Nest Learning Thermostat and high-end finishes throughout. Located just moments from L.A. Live, Crypto.com Arena, and the city's best dining and entertainment, this home offers a sophisticated urban lifestyle in the heart of Downtown LA. Don’t miss this opportunity—schedule your private showing today!

Price History

Date
Event
Price
04/18/22
Sold
$680,000
03/31/21
Sold
$650,000
Condition Rating
Excellent

Built in 2017, this property is only 7 years old and presents as virtually new. The kitchen boasts Caesarstone countertops, custom Italian cabinetry with LED lighting, and integrated Miele appliances. The spa-like bathroom features custom-designed vanity and high-end Hansgrohe & Duravit fixtures. With 7.5” wide oak plank flooring, modern light fixtures, and a Nest Learning Thermostat, all components meet current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Prime Urban Location: Unbeatable proximity to L.A. Live, Crypto.com Arena, and Downtown LA's premier dining and entertainment, offering a vibrant urban lifestyle.
Luxurious Modern Finishes: Features a high-end kitchen with Caesarstone, Italian cabinetry, Miele appliances, oak plank flooring, and a spa-like bathroom with premium fixtures, reflecting sophisticated design.
Abundant Natural Light & City Views: Southeast-facing orientation ensures ample morning sunlight, complemented by desirable city lights views, enhancing the living experience.
Newer Construction in Prestigious Tower: Built in 2017 within the Metropolis Tower, offering modern amenities and the prestige associated with a well-regarded, newer building.
Generous 1-Bedroom Layout: At 852 sqft, this 1-bedroom residence is notably spacious, providing comfortable living space beyond typical urban condos.

Cons

High Monthly Association Fees: The $904.00 monthly association fee represents a significant ongoing cost, impacting affordability and overall ownership expenses.
Modest Appreciation History: The sales history shows limited price appreciation over recent years ($650k in 2021, $680k in 2022, listed at $695k), which may concern buyers looking for strong investment growth.
Limited Bedroom Count: As a 1-bedroom unit, it caters to a specific demographic (singles/couples) and lacks the flexibility for additional occupants, a dedicated home office, or guest space.

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