877 Francisco Street 617, Los Angeles, California 90017, Los Angeles, 90017 - bed, 1 bath

877 Francisco Street 617, Los Angeles, California 90017 home-pic-0
ACTIVE$429,000$519/sqft
877 Francisco Street 617, Los Angeles, California 90017
0Bed
1Bath
519Sqft
128,959Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Downtown Location: Situated in the heart of Downtown Los Angeles, offering unparalleled access to urban amenities, entertainment, and business districts.
Top Cons:
Studio Configuration & Limited Space: As a 519 sqft studio unit, it offers limited living space and flexibility, which may not suit all buyer needs or long-term occupancy.

Compared to the nearby listings

Price:$429.0K vs avg $520.0K ($-91,000)29%
Size:519 sqft vs avg 848.5 sqft11%
Price/sqft:$827 vs avg $60889%

More Insights

Built in 2017 (9 years old).
Condition: This property was built in 2017, making it only 7 years old, which falls well within the 'newly built' criteria. The description highlights a modern kitchen with high-end Miele appliances, Caesarstone countertops, and sleek Italian cabinetry, along with European oak flooring throughout and a spa-inspired bathroom. Images confirm the pristine condition, contemporary finishes, and lack of any visible wear or deferred maintenance. All systems, including central air/heat with a Nest thermostat and in-unit laundry, are modern and in excellent working order, meeting current quality standards.
Year Built
2017
Close
-
List price
$429K
Original List price
$429K
Price/Sqft
$827
HOA
$583.28
Days on market
-
Sold On
-
MLS number
26632999
Home ConditionExcellent
Features
Good View: City Lights
Pool
Spa
ViewCity Lights

About this home

Studio residence at Metropolis Tower II in the heart of Downtown Los Angeles. This 5 19 square foot unit features an open concept layout with floor to ceiling windows that bring in abundant natural light and city views. The modern kitchen is appointed with Caesarstone countertops, Miele appliances, and sleek Italian cabinetry, seamlessly flowing into the living area. European oak flooring runs throughout, creating a warm and contemporary feel. The spa inspired bathroom features a soaking tub and stone surround. Central air and heat controlled by Nest thermostat, laundry in unit. Full service luxury high rise with 24 hour front desk, concierge, resort style pool and spa, fitness center, yoga studio, screening room, clubhouse, business center, dog park, and more. HOA includes amenities, water, gas, and parking.

J
Jamie Tian
Listing Agent

Price History

Date
Event
Price
07/20/22
Sold
$495,000
Condition Rating
Excellent

This property was built in 2017, making it only 7 years old, which falls well within the 'newly built' criteria. The description highlights a modern kitchen with high-end Miele appliances, Caesarstone countertops, and sleek Italian cabinetry, along with European oak flooring throughout and a spa-inspired bathroom. Images confirm the pristine condition, contemporary finishes, and lack of any visible wear or deferred maintenance. All systems, including central air/heat with a Nest thermostat and in-unit laundry, are modern and in excellent working order, meeting current quality standards.
Pros & Cons

Pros

Prime Downtown Location: Situated in the heart of Downtown Los Angeles, offering unparalleled access to urban amenities, entertainment, and business districts.
Extensive Luxury Amenities: Access to a full suite of resort-style amenities including a 24-hour front desk, concierge, pool, spa, fitness center, yoga studio, screening room, clubhouse, business center, and dog park.
Modern & Premium Interior Finishes: Features a contemporary design with high-end finishes such as Caesarstone countertops, Miele appliances, Italian cabinetry, European oak flooring, and a spa-inspired bathroom.
Abundant Natural Light & City Views: Floor-to-ceiling windows provide ample natural light and offer desirable city views, enhancing the living experience.
Integrated Smart Home & In-Unit Conveniences: Equipped with central air/heat controlled by a Nest thermostat and convenient in-unit laundry, ensuring modern comfort and efficiency.

Cons

Studio Configuration & Limited Space: As a 519 sqft studio unit, it offers limited living space and flexibility, which may not suit all buyer needs or long-term occupancy.
Significant Monthly HOA Dues: The monthly association fee of $583.28 is substantial, adding a considerable recurring cost to homeownership, despite covering many amenities.
Urban Environment Drawbacks: Located in a dense urban core, potential buyers may experience higher levels of city noise and traffic congestion, which could be a concern for those seeking a quieter environment.
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