877 Francisco Street 2811, Los Angeles, California 90017, Los Angeles, 90017 - 2 bed, 2 bath
877 Francisco Street 2811
Los Angeles, California 90017
Property Price
SUMMARY
Analysis of 877 Francisco Street 2811, Los Angeles, California 90017 is currently available with a list price of $1,375,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property was built in 2017, making it only 7 years old, which falls well within the 'newly built or extensively renovated within 10 years' criteria for an 'Excellent' rating. The images and description confirm a pristine, modern aesthetic with high-end finishes throughout. The kitchen features sleek cabinetry, Caesarstone countertops, a large center island, and built-in Miele appliances, all appearing virtually new. Bathrooms are equally modern with floating vanities, contemporary fixtures, and clean tiling. Light oak wood flooring is consistent and in excellent condition. There is no visible wear and tear or deferred maintenance, indicating a property that meets current quality standards with minimal physical depreciation.
PROSSTRENGTHS & OPPORTUNITIES
- Panoramic Views
The residence offers breathtaking panoramic views spanning Downtown LA, Hollywood Hills, and extending to Santa Monica from its 28th-floor South West corner position.
- Extensive Resort-Style Amenities
Residents benefit from an unprecedented array of luxury amenities including a sun/pool deck, sky gardens, fitness center, screening room, resident lounge, dog park, and 24-hour security.
- Prime Downtown Location & Walkability
With a 93 Walk Score, the property is steps away from Crypto.com Center, Financial District, world-class dining, shopping, and entertainment, offering unparalleled urban convenience.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fee
The association fee of $865.00 per month is substantial, which could impact affordability and long-term ownership costs, despite covering numerous amenities.
- Price Reduction & Below Previous Sale Price
The property has seen a price reduction from its original list price and is currently listed below its previous sale price from 2022, potentially indicating market adjustments or perceived overvaluation.
- Non-Inclusive Utilities
While HOA covers parking, water, trash, and gas, residents are responsible for electricity and TV/Internet separately, adding to the overall monthly expenses beyond the high HOA fee.
About 877 Francisco Street 2811
Stunning South West corner offering at The Metropolis Tower II luxury residences. Brought to you by the award winning world class design team of Gensler & Span Architecture, this impeccable 28th floor residence showcases breathtaking views spanning DTLA, to Hollywood Hills and beyond to Santa Monica. Floor to ceiling windows flood the living space with natural light. Enjoy the gourmet kitchen with Caesar-stone counter tops, large center island perfect for entertaining and hosting, sleek designed soft self-closing cabinetry, built in refrigerator, cooktop & oven. Completing the home is beautiful light oak wood flooring, custom window shades, laundry, 2 tandem covered parking spaces in the secured garage. Residents enjoy an unprecedented resort style amenity deck with spectacular sun/pool deck, sky gardens, outdoor BBQ & dining area, state of the art fitness center, business lounge, pool table, screening/movie theatre, resident lounge, Children indoor playroom/outdoor playground area, doggie park, golf putting area, & 24-hour lobby attendant/security. Rated 93 Walking Score. Next to Indigo Hotel. Metropolis is located steps from Crypto.com center, Financial District/South Park, shopping, world class dining and entertainment, cafes, shops, and more! Come home to Metropolis, a handsome case of contemporary luxury & design that exemplifies the burgeoning community of art, culture, and entertainment in Downtown LA. HOA Dues include parking, water, trash, gas. Residents pay for electricity & TV/Internet separately. **FINANCING IS AVAILABLE VIA PREFERRED LENDER. CALL FOR DETAILS**
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2017
- Lot Size
- 128,959 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $865.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 73% |
| Baths | 2.0 | 1.0 | 59% |
| Square foot | 1,305 | 837 | 86% |
| Lot Size | 128,959 | 85,131 | 64% |
| Price | $1.38M | $500.0K | 95% |
| Price per sq ft | $1.1K | $620 | 95% |
| Built year | 2017 | 2012 | 50% |
| HOA | $865.0 | $831 | 55% |
| Days on market | 247 | 271 | 45% |
Pricing History
Listed for Sale
Sep 25, 2025
$1,375,000
Initial Listing
Price Change
Jul 2, 2025
$1,425,000
Initial Listing
Sold
Sep 29, 2022
$1,465,000
Public Record