877 Francisco Street 1715, Los Angeles, California 90017, Los Angeles, 90017 - bed, 1 bath

877 Francisco Street 1715, Los Angeles, California 90017 home-pic-0
ACTIVE$570,000
877 Francisco Street 1715, Los Angeles, California 90017
0Bed
1Bath
629Sqft
128,959Lot
Year Built
2017
Close
-
List price
$570K
Original List price
$595K
Price/Sqft
$906
HOA
$710
Days on market
-
Sold On
-
MLS number
OC25045516
Home ConditionExcellent
Features
Excellent View: City Lights
Deck
Pool
Spa
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $570.0K(59th), sqft - 629(14th), beds - undefined(14th), baths - 1(50th).

*****************************Luxury Studio with Breathtaking Views in The Metropolis, Downtown LA********************************** Experience the pinnacle of luxury living in this expansive studio at The Metropolis, one of Downtown LA’s most prestigious high-rise residences. Boasting one of the largest studio layouts in the building, this stunning home features top-of-the-line appliances, high-end finishes, and a spacious private balcony with unobstructed panoramic views of the city skyline. Designed for those who seek both comfort and sophistication, this studio offers an open-concept layout with premium flooring, custom cabinetry, and floor-to-ceiling windows that flood the space with natural light. The gourmet kitchen is equipped with state-of-the-art appliances, sleek countertops, and ample storage—perfect for modern urban living. Residents of The Metropolis enjoy access to world-class amenities, including a resort-style pool and jacuzzi, a professional-grade gym, media rooms, conference facilities, and a 24-hour guard and concierge service. Nestled in one of the best locations in Downtown LA, you’ll be just steps away from premier dining, shopping, and entertainment. Don’t miss this rare opportunity to own a piece of sophisticated city living in a highly sought-after luxury building. Contact us today for a private tour!

Price History

Date
Event
Price
01/27/23
Sold
$680,000
Condition Rating
Excellent

Built in 2017, this property is practically new construction. The kitchen features state-of-the-art, integrated appliances, sleek flat-panel cabinetry, and modern countertops. The bathroom is equally impressive with a contemporary floating vanity, glass-enclosed tub/shower, and stylish tiling. Premium flooring, recessed lighting, and floor-to-ceiling windows throughout contribute to a high-end, modern aesthetic with no visible signs of wear or deferred maintenance.
Pros & Cons

Pros

Luxury Finishes & Modern Design: The studio features top-of-the-line appliances, high-end finishes, premium flooring, custom cabinetry, and floor-to-ceiling windows, reflecting a sophisticated and modern living space.
Panoramic City Views: Boasting breathtaking, unobstructed panoramic views of the city skyline from a spacious private balcony, this property offers a highly desirable visual amenity.
World-Class Building Amenities: Residents have access to extensive luxury amenities including a resort-style pool, professional gym, media rooms, conference facilities, and 24-hour guard and concierge service.
Prime Downtown LA Location: Nestled in one of the best locations in Downtown LA, the property offers immediate walkability to premier dining, shopping, and entertainment.
Spacious & Newer Construction: Built in 2017, the building is relatively new, and the 629 sqft studio is noted as one of the largest layouts in the building, providing ample living space.

Cons

High Monthly Association Fees: The $710.0 monthly association fee is substantial, adding a significant recurring cost to ownership, which can impact affordability and long-term investment.
Studio Configuration Limitations: Despite its spaciousness, the studio layout inherently limits its appeal to a broader demographic, particularly those requiring separate living and sleeping areas or additional rooms.
Significant Price Reduction from Previous Sale: The current list price of $570,000 is considerably lower than a previous sale at $680,000, which may raise questions about market value stability or indicate a necessary price correction.

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