877 Francisco Street 2101, Los Angeles, California 90017, Los Angeles, 90017 - 1 bed, 2 bath

877 Francisco Street 2101, Los Angeles, California 90017 home-pic-0
ACTIVE$805,000
877 Francisco Street 2101, Los Angeles, California 90017
1Bed
2Baths
909Sqft
128,959Lot
Year Built
2017
Close
-
List price
$805K
Original List price
$835K
Price/Sqft
$886
HOA
$324.09
Days on market
-
Sold On
-
MLS number
24472821
Home ConditionExcellent
Features
Excellent View: City Lights, Hills
ViewCity Lights,Hills

About this home

We found 3 Cons,5 Pros. Rank: price - $805.0K(86th), sqft - 909(59th), beds - 1(50th), baths - 2(50th).

Experience the epitome of luxury living at Metropolis, located in the coveted South Park neighborhood of Downtown Los Angeles. This exceptional 1-bedroom, 2-bathroom residence on the 21st floor offers some of the most breathtaking views in the building, showcasing the iconic Hollywood Sign, the scenic Hollywood Hills, stunning sunsets, and the glittering city lights below. Elegantly designed with a focus on both style and function, this sophisticated unit has been meticulously curated since its 2022 debut. Highlights include bespoke upgrades such as custom closets in the primary suite, a tailored linen closet in the powder room, automated window coverings, a sleek glass shower enclosure, and a state-of-the-art reverse osmosis water filtration system with instant hot water. Unit 2101 enjoys an unparalleled location compared to other units, being just steps from the exclusive Skydeck, perched on the 21st floor. This private oasis offers 360-degree panoramic views of the city, complete with fire pits, an outdoor kitchen, and ample space for quiet reflection or work.Beyond your doorstep, Metropolis boasts a vast array of world-class amenities, including over 2 acres of meticulously landscaped outdoor space on the 11th floor the largest private elevated garden in downtown Los Angeles. Unwind in lush surroundings with outdoor yoga, relax in a cabana by the pool, or bask in the tranquility of the palm-lined oasis. The 24-hour fitness center, along with private saunas and steam rooms, promises wellness at your fingertips.Indulge in the seamless service offered by the 24-hour concierge and security, ensuring both convenience and peace of mind. 1 parking space included with purchase, additional parking is available for rent, and the building features EV charging stations on every floor. Unit 2101 represents the pinnacle of luxury in one of downtown's most prestigious buildings. Live where comfort, convenience, and style converge.

Price History

Date
Event
Price
08/29/22
Sold
$860,000
Condition Rating
Excellent

This property was built in 2017, making it only 7 years old, and has been 'meticulously curated since its 2022 debut' with 'bespoke upgrades.' This aligns perfectly with the 'Excellent' criteria of being built within 10 years and having all components new or virtually new, meeting current quality standards with no deferred maintenance. The description implies high-end kitchen appliances, modern light fixtures, and contemporary flooring, while the 'sleek glass shower enclosure' and 'state-of-the-art reverse osmosis water filtration system' confirm modern, high-quality bathrooms and electrical features.
Pros & Cons

Pros

Breathtaking Views: The 21st-floor residence offers stunning panoramic views of the Hollywood Sign, Hollywood Hills, sunsets, and city lights, significantly enhancing its appeal.
World-Class Amenities: Metropolis boasts an extensive array of luxury amenities, including a 2-acre elevated garden, pool, 24-hour fitness center, saunas, steam rooms, and an exclusive Skydeck.
Premium Unit Location & Access: Unit 2101 is uniquely positioned just steps from the exclusive 21st-floor Skydeck, providing unparalleled convenience to a private outdoor oasis.
High-End Custom Upgrades: The unit features bespoke upgrades such as custom closets, automated window coverings, a sleek glass shower enclosure, and a reverse osmosis water filtration system, adding significant value and sophistication.
Coveted Location & Services: Located in the desirable South Park neighborhood of Downtown Los Angeles, the property benefits from 24-hour concierge and security services, ensuring convenience and peace of mind.

Cons

Negative Price Trajectory: The current list price of $805,000 is notably lower than its 2022 sale price of $860,000, which could indicate a challenging market or potential depreciation for the current owner.
Compact Living Space: With 909 sqft for a 1-bedroom unit, the living space is relatively compact, which might not appeal to all buyers seeking more expansive residential areas, especially at this luxury price point.
Urban Environment Drawbacks: Despite its luxury, downtown living inherently comes with urban challenges such as noise, traffic, and a lack of private outdoor space, which may not suit buyers preferring a quieter or more suburban lifestyle.

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