877 Francisco Street 1906, Los Angeles, California 90017, Los Angeles, 90017 - 2 bed, 2 bath

877 Francisco Street 1906, Los Angeles, California 90017 home-pic-0
ACTIVE$1,299,000
877 Francisco Street 1906, Los Angeles, California 90017
2Beds
2Baths
1,311Sqft
128,959Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Panoramic City Views: The unit boasts stunning panoramic views of the Downtown LA skyline, enhanced by floor-to-ceiling windows and special high ceilings, providing an exceptional visual experience.
Top Cons:
High Monthly Association Fees: The association fee of $868.05 is substantial and adds significantly to the ongoing monthly cost of ownership, which could be a deterrent for some buyers.

Compared to the nearby listings

Price:$1.30M vs avg $550.0K (+$749,000)97%
Size:1,311 sqft vs avg 852 sqft86%
Price/sqft:$991 vs avg $62297%

More Insights

Built in 2017 (8 years old).
Condition: This property was built in 2017, making it only 7 years old, which falls well within the 'newly built' criteria for an excellent rating. The description highlights 'Miele appliances,' 'wood floors,' 'designer finishes,' and 'spa-like bathrooms,' all indicative of high-end, modern construction. The images confirm a sleek, contemporary aesthetic throughout, with a state-of-the-art kitchen featuring integrated appliances and a large island, and bathrooms with modern fixtures and tiling. There are no signs of wear, tear, or outdated features, suggesting all components are virtually new and meet current quality standards with no deferred maintenance.
Year Built
2017
Close
-
List price
$1.3M
Original List price
$1.49M
Price/Sqft
$991
HOA
$868.05
Days on market
-
Sold On
-
MLS number
24383091
Home ConditionExcellent
Features
Excellent View: City Lights
Pool
ViewCity Lights

About this home

Come discover glamour, luxury and premier high-rise living at Metropolis! This modern two bed, two bath condo features Miele appliances, wood floors, spacious bedrooms, floor-to-ceiling windows and stunning panoramic views of the Downtown LA skyline. The open floor plan seamlessly connects the living, dining, and kitchen areas, creating an ideal space for entertaining guests or enjoying a quiet evening at home under the twinkling LA city lights. Avid home cooks can Indulge their culinary passions in the kitchen! Adorned with exquisite Miele appliances, designer finishes, and a spacious center island featuring a convenient beverage chiller, you can unleash your cooking creativity as you soak in panoramic views through the multidirectional, special high ceilings. This unit is one of only three floors featuring exceptionally high ceilings at Metropolis II. As with the living areas, the primary bedroom continues to be flooded by natural light. Here, you'll find the spa-like bathroom and spacious closet. An additional bedroom offers flexibility for guests or can be utilized as a home office or creative space whatever caters to your needs. Residents of Metropolis enjoy access to an array of upscale amenities, including a resort-style pool, fitness center, business center, screening room, 24-hour concierge service, and a dog walk area for those with furry friends. With its prime location in the heart of downtown, you'll be just minutes away from world-class dining, entertainment, shopping, and cultural attractions, plus a local Starbucks at the Indigo Hotel, right next door! Don't miss the opportunity to experience urban living at its best in one of Los Angeles' most coveted addresses.

Price History

Date
Event
Price
08/19/22
Sold
$1,340,000
Condition Rating
Excellent

This property was built in 2017, making it only 7 years old, which falls well within the 'newly built' criteria for an excellent rating. The description highlights 'Miele appliances,' 'wood floors,' 'designer finishes,' and 'spa-like bathrooms,' all indicative of high-end, modern construction. The images confirm a sleek, contemporary aesthetic throughout, with a state-of-the-art kitchen featuring integrated appliances and a large island, and bathrooms with modern fixtures and tiling. There are no signs of wear, tear, or outdated features, suggesting all components are virtually new and meet current quality standards with no deferred maintenance.
Pros & Cons

Pros

Panoramic City Views: The unit boasts stunning panoramic views of the Downtown LA skyline, enhanced by floor-to-ceiling windows and special high ceilings, providing an exceptional visual experience.
Prime Downtown Location: Situated in the heart of downtown, the property offers unparalleled access to world-class dining, entertainment, shopping, cultural attractions, and a local Starbucks right next door.
Upscale Building Amenities: Residents enjoy a comprehensive suite of luxury amenities including a resort-style pool, fitness center, business center, screening room, 24-hour concierge service, and a dog walk area.
High-End Interior Finishes: The modern condo features Miele appliances, wood floors, designer finishes, and a spacious center island with a beverage chiller, reflecting a commitment to luxury and quality.
Exceptional High Ceilings: This unit is one of only three floors in Metropolis II to feature exceptionally high ceilings, contributing to a more spacious and grand living environment.

Cons

High Monthly Association Fees: The association fee of $868.05 is substantial and adds significantly to the ongoing monthly cost of ownership, which could be a deterrent for some buyers.
Lack of Private Outdoor Space: While offering expansive views, the description does not mention a private balcony or patio, which some buyers may desire for outdoor relaxation in a high-rise setting.
Urban Environment Drawbacks: Despite the prime downtown location, residents may experience increased noise levels and traffic inherent to urban living, potentially impacting tranquility.

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