877 Francisco Street 1516, Los Angeles, California 90017, Los Angeles, 90017 - 1 bed, 2 bath
Loading property details...
Los Angeles, California 90017
This Luxury High-Rise Condominium is listed at $775,000, representing a premium asset within the prestigious Metropolis Tower 2. While the $676,023 Fair Market Value reflects standard area trends, this unit’s Excellent Condition Rating and rare private balcony distinguish it as a high-tier residence. Featuring Miele appliances, oak plank flooring, and floor-to-ceiling city views, the home provides a turnkey lifestyle supported by 1.7 acres of resort amenities. This sophisticated sanctuary is perfectly suited for Urban Professionals or Owner-Occupants seeking refined DTLA living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 877 Francisco Street 1516 Subject | $775,000* List Price | 1 | 2 | 975 | $693 | - |
A 889 Francisco Street 2611 Sold | $550,000 | 1 | 2 | 890 | $618 | 0.0 mi |
B 655 S Hope Street 1105 Sold | $735,000 | 2 | 2 | 1,180 | $623 | 0.4 mi |
C 877 Francisco Street 3202 Sold | $690,000 | 1 | 1 | 823 | $838 | - |
D 889 Francisco Street 909 Active | $839,000 List Price | 1 | 2 | 1,053 | $797 | 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 well within the 10-year threshold for an excellent rating. The interior features high-end, modern finishes including premium Miele appliances, Caesarstone countertops, and 7.5-inch oak plank flooring. Both the kitchen and spa-inspired bathrooms reflect contemporary design standards with no visible signs of wear or deferred maintenance, appearing virtually new.
As a rare balcony unit within Metropolis Tower 2, this property offers a unique private outdoor area to enjoy city skyline views and sunsets, a highly sought-after feature in DTLA high-rise living.
The home features premium upgrades including Miele appliances, Caesarstone countertops, 7.5-inch oak plank flooring, and floor-to-ceiling windows that provide abundant natural light.
Residents have access to over 1.7 acres of luxury amenities, including a resort-style pool, state-of-the-art fitness center, 24-hour security, and direct access to Hotel Indigo.
At $834 per month, the association fees are relatively high for a one-bedroom unit, which may impact the overall affordability and monthly carrying costs for some buyers.
While the unit offers urban convenience, additional parking is only available on a month-to-month basis, which could be a logistical or financial inconvenience for households with multiple vehicles.
Welcome to Unit #1516 - RARE BALCONY UNIT, Perfect for enjoying a breathtaking combination of city skyline views, lush greenery amenities, and stunning sunsets. This beautifully designed 1-bedroom, 1-bathroom home offers refined urban living in one of Downtown Los Angeles' premier high-rise communities.Floor-to-ceiling windows with custom shades fill the home with natural light, complemented by 7.5-inch oak plank flooring and Nest-controlled central A/C and heating. The chef-style kitchen is appointed with Caesarstone countertops and premium Miele appliances, including an in-unit washer and dryer. The spa-inspired bathroom features a custom vanity and a soaking tub with stone surround.Residents enjoy over 1.7 acres of exclusive amenities, including a resort-style pool and hot tub, state-of-the-art fitness center with yoga and cycling rooms, clubhouse, billiards and game rooms, business and conference centers, dog park, and playground. 24-hour lobby security and direct access to Hotel Indigo and Metropole Restaurant enhance the luxury lifestyle.Ideally located with easy access to the 110, 101, and 5 freeways, and surrounded by DTLA's premier dining and entertainment. Additional parking available on a month-to-month basis.A truly special opportunity to own a balcony unit in Metropolis Tower 2 schedule a private showing today.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.5 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 975 | 932.5 | 50% |
| Lot Size | 128,959 | 71,352 | 75% |
| Price | $775.0K | $575.0K | 75% |
| Price per sq ft | $795 | $620 | 81% |
| Built year | 2017 | 2006 | 56% |
| HOA | $834.0 | $975 | 31% |
| Days on market | 98 | 216 | 31% |
Jan 14, 2026
$775,000
Initial Listing
Oct 15, 2021
$860,000
Public Record