877 Francisco Street 1506, Los Angeles, California 90015, Los Angeles, 90015 - 2 bed, 2 bath

877 Francisco Street 1506, Los Angeles, California 90015 home-pic-0
ACTIVE$1,099,000$1,311/sqft
877 Francisco Street 1506, Los Angeles, California 90015
2Beds
2Baths
1,311Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Unparalleled Luxury Amenities: Metropolis Tower 2 offers an extensive array of high-end amenities, including an Olympic-size pool, private cabanas, dog park, movie screening room, gym, yoga studio, and a private SkyLounge with panoramic views.
Top Cons:
High Monthly Association Fee: The substantial monthly association fee of $1,416 significantly adds to the overall cost of ownership.

Compared to the nearby listings

Price:$1.10M vs avg $560.0K (+$539,000)74%
Size:1,311 sqft vs avg 990 sqft66%
Price/sqft:$838 vs avg $60483%

More Insights

Built in 2017 (9 years old).
Condition: Built in 2017, this unit is practically new construction. The kitchen features top-of-the-line Miele appliances and a sleek, modern design. Bathrooms boast contemporary fixtures, dual vanities, and stylish tiling. Exquisite wood flooring, custom power shades, and high-end finishes throughout the unit, combined with the building's extensive luxury amenities, confirm an excellent condition with no deferred maintenance.
Year Built
2017
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$838
HOA
$1,416
Days on market
-
Sold On
-
MLS number
P1-25338
Home ConditionExcellent
Features
Excellent View: City Lights
Deck
Pool
Spa
ViewCity Lights

About this home

Welcome to luxury living at Metropolis Tower 2 in the heart of downtown Los Angeles! This stunning 2-bedroom, 2-bathroom corner unit at 877 Francisco Street, Unit 1506, boasts a spacious 1,311 square feet of modern elegance. Step inside to an open floor plan adorned with exquisite wood flooring and expansive city views, enhanced by custom power shades for privacy and ambiance.The gourmet kitchen is a chef's dream, featuring top-of-the-line Miele appliances and a center island perfect for entertaining. Retreat to your primary bedroom, where you'll find dual vanities, a spa-like bath, and custom closets designed for ultimate organization.Designed with both relaxation and entertainment in mind, this high-rise offers an array of unparalleled amenities. Metropolis Tower 2 is home to one of the best amenity decks in all of Los Angeles. From the Olympic-size pool and private cabanas to the glass-enclosed dining pavilion and resident dog park, this stunning outdoor escape in the heart of the city will wow you every time you step foot outside. Interior amenities also spare no expense with a private movie screening room, billiards room, oversized gym with private yoga studio, and more. If that isn't enough, you can venture to the private SkyLounge located on the 21st floor for panoramic LA views.Metropolis includes a full-time concierge staff and private parking attached to the building, making for a true luxury living experience.This pet-friendly residence is competitively priced per square foot, making it an exceptional opportunity. Don't miss out on making this incredible space your own!

M
Michael Robleto
Listing Agent

Price History

Date
Event
Price
05/13/22
Sold
$1,285,000
Condition Rating
Excellent

Built in 2017, this unit is practically new construction. The kitchen features top-of-the-line Miele appliances and a sleek, modern design. Bathrooms boast contemporary fixtures, dual vanities, and stylish tiling. Exquisite wood flooring, custom power shades, and high-end finishes throughout the unit, combined with the building's extensive luxury amenities, confirm an excellent condition with no deferred maintenance.
Pros & Cons

Pros

Unparalleled Luxury Amenities: Metropolis Tower 2 offers an extensive array of high-end amenities, including an Olympic-size pool, private cabanas, dog park, movie screening room, gym, yoga studio, and a private SkyLounge with panoramic views.
Prime Downtown Los Angeles Location: Situated in the heart of Downtown LA, providing convenient access to urban attractions, dining, and entertainment.
Modern & High-End Interior Finishes: The unit features an open floor plan, exquisite wood flooring, a gourmet kitchen with Miele appliances, custom power shades, and a primary suite with dual vanities and a spa-like bath.
Expansive City Views: As a corner unit on the 15th floor, it boasts expansive city views, further enhanced by access to the 21st-floor SkyLounge.
Full-Service Luxury Building: The building provides a full-time concierge staff, private attached parking, and is pet-friendly, ensuring a true luxury living experience.

Cons

High Monthly Association Fee: The substantial monthly association fee of $1,416 significantly adds to the overall cost of ownership.
Urban Environment Drawbacks: Located in the dense urban core of Downtown LA, potential buyers may experience higher levels of city noise and traffic congestion.
Price Reduction from Previous Sale: The current list price is notably lower than its last sale price in May 2022, which might prompt buyer inquiry into market value trends or previous pricing strategy.
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