
Los Angeles, California 90017
This Luxury High-Rise Condominium is a Strong Value Opportunity, listed at $689,000—positioned well below the $733,917 Fair Market Value by 6%. This valuation gap offers $44,917 in Instant Equity for the buyer. Featuring a Rare Private Balcony, Nest smart-home technology, and a Mint Condition Rating, this residence offers a turnkey lifestyle in South Park DTLA. With resort-style amenities and sweeping city views, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking modern, high-rise living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 877 Francisco Street 1716 Subject 1 bd · 2 ba · 975 sqft · $707 | $689,000* List Price | 1 | 2 | 975 | $707 | - |
A 1100 Wilshire Boulevard 2911 Sold 2 bd · 1 ba · 1,140 sqft · $665 · 0.3 mi | $758,000 | 2 | 1 | 1,140 | $665 | 0.3 mi |
B 877 Francisco Street 2002 Sold 1 bd · 2 ba · 823 sqft · $887 | $730,000 | 1 | 2 | 823 | $887 | - |
C 877 Francisco Street 2707 Sold 1 bd · 1 ba · 870 sqft · $862 | $750,000 | 1 | 1 | 870 | $862 | - |
D 889 Francisco Street 909 Active 1 bd · 2 ba · 1,053 sqft · $797 · 0.1 mi | $839,000 List Price | 1 | 2 | 1,053 | $797 | 0.1 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 remains in mint condition. It features modern contemporary finishes, Nest smart-home technology, and appliances still under warranty, requiring no maintenance.
Unlike many Downtown Los Angeles high-rises, this residence includes a private balcony, offering highly coveted outdoor space and direct skyline views.
Priced at $689,000, the property represents a significant value opportunity, listed well below its previous 2022 sale price of $865,000.
The unit features integrated Nest smart-home technology and appliances covered under warranty, providing the buyer with modern convenience and peace of mind.
The monthly association fee of $855.79 is relatively high for a one-bedroom unit, which may impact the overall affordability for budget-conscious buyers.
Despite having two bathrooms and nearly 1,000 square feet, the single-bedroom configuration may limit the property's appeal to a smaller demographic of buyers.
Welcome to Residence #1716 at Metropolis Tower, an exceptionally priced luxury residence offering incredible value in the heart of Downtown Los Angeles. One of the home's standout features is its private balcony rare and highly desirable feature among DTLA high-rise residences providing your own outdoor space to enjoy morning coffee, sunset views, and the energy of the Downtown LA skyline. Inside, expansive floor-to-ceiling windows fill the residence with natural light and showcase sweeping city views throughout the thoughtfully designed open-concept layout. Sleek contemporary finishes and Nest smart-home technology create a modern, elevated living experience designed for both comfort and convenience. Adding even more value, all appliances within the residence are covered under warranty, offering the next owner additional convenience and peace of mind. Residents of Metropolis Tower enjoy an impressive collection of resort-style amenities, including a pool, fitness center, resident lounges, and beautifully landscaped outdoor spaces. Ideally located in South Park DTLA, the residence is moments from LA Live, Crypto.com Arena, acclaimed dining, shopping, entertainment, and major business hubs. With its rare private balcony, protected appliances, exceptional pricing, and premier Downtown Los Angeles location, Residence #1716 presents a compelling opportunity to experience luxury high-rise living at an outstanding value.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 975 | 1,252.996 |
| Lot Size | 128,959 | 26,029.603 |
| Price | $689.0K | $778.5K |
| Price per sq ft | $707 | $629 |
| Built year | 2017 | 1981 |
| HOA | $855.79 | $676 |
| Days on market | 82 | 74 |
Aug 19, 2026
$689,000
Initial Listing
Jan 12, 2022
$865,000
Public Record