
Los Angeles, California 90017
This Modern Luxury Condominium represents a High-Potential Investment Opportunity, listed at $739,000—positioned well above the $659,169 Fair Market Value by 12%. While the price reflects a premium, the property maintains a Mint Condition Rating with high-end finishes and appliances under warranty. Featuring a Rare Private Balcony and Panoramic City Skyline Views, this residence offers a sophisticated urban lifestyle in the heart of South Park. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, high-rise sanctuary in Downtown Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 877 Francisco Street 1716 Subject | $739,000* List Price | 1 | 2 | 975 | $676 | - |
A 889 Francisco Street 2611 Sold | $550,000 | 1 | 2 | 890 | $618 | 0.0 mi |
B 801 S Grand Avenue 1306 Sold | $638,000 | 2 | 2 | 1,200 | $532 | 0.2 mi |
C 655 S Hope Street 1105 Sold | $735,000 | 2 | 2 | 1,180 | $623 | 0.4 mi |
D 877 Francisco Street 1116 Active | $779,000 List Price | 1 | 2 | 1,000 | $779 | 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 less than 10 years old and in mint condition. It features a modern kitchen with high-end integrated appliances under warranty, smart Nest technology, and contemporary finishes throughout, requiring no maintenance.
Unlike many high-rise condominiums in Downtown Los Angeles, this residence includes a private balcony, providing a unique outdoor space to enjoy the city skyline.
Built in 2017, the unit features contemporary finishes, smart Nest technology, and appliances still under warranty, offering peace of mind and a move-in-ready experience.
Situated in the desirable Metropolis Tower, the property offers immediate access to LA Live, Crypto.com Arena, and major tech hubs, placing it in the heart of DTLA's entertainment district.
The monthly association fee of $855.79 is relatively high for a one-bedroom unit, which may impact the debt-to-income ratio for prospective buyers.
The current list price of $739,000 is substantially lower than the previous sale price of $865,000, suggesting a potential decline in equity or market volatility for this specific building.
Welcome to Residence #1716 at the Metropolis Tower, a premier luxury condo in Downtown Los Angeles offering sophisticated high-rise living in one of DTLA's most desirable residential communities. This modern residence features expansive floor-to-ceiling windows with breathtaking city skyline views, creating a bright and airy atmosphere throughout the thoughtfully designed open-concept layout. Designed for both comfort and style, the home showcases sleek contemporary finishes, smart Nest technology, luxury amenities, and an elevated urban living experience ideal for those seeking a modern Downtown LA lifestyle. All appliances within the residence are also covered under warranty, providing added convenience and peace of mind. Step outside onto your private balcony a rare feature for Downtown Los Angeles condos perfect for enjoying morning coffee, sunset views, or the vibrant energy of the DTLA skyline. Residents of Metropolis Tower enjoy resort-style amenities including a pool, fitness center, lounge areas, landscaped outdoor spaces, and premier access to the best of South Park DTLA. Located moments from LA Live, Crypto.com Arena, fine dining, luxury shopping, entertainment, and major financial and tech hubs, Residence #1716 offers the perfect blend of luxury condo living, convenience, and metropolitan sophistication in the heart of Downtown Los Angeles.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 47% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 975 | 975 | 50% |
| Lot Size | 128,959 | 59,001 | 87% |
| Price | $739.0K | $550.0K | 73% |
| Price per sq ft | $758 | $618 | 87% |
| Built year | 2017 | 2006 | 60% |
| HOA | $855.79 | $1.1K | 27% |
| Days on market | 23 | 195 | 7% |
May 22, 2026
$739,000
Initial Listing
Jan 12, 2022
$865,000
Public Record