877 Francisco Street 617, Los Angeles, California 90017, Los Angeles, 90017 - bed, 1 bath
877 Francisco Street 617
Los Angeles, California 90017
Property Price
SUMMARY
Analysis of 877 Francisco Street 617, Los Angeles, California 90017 is currently available with a list price of $389,000. 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.
Built in 2017, this property is only 7 years old and features a modern design with high-end finishes throughout. The kitchen boasts Miele appliances, Caesarstone countertops, and sleek Italian cabinetry, all appearing virtually new. The bathroom is spa-inspired with a soaking tub and stone surround, also in pristine condition. European oak flooring, a Nest thermostat, and in-unit laundry further contribute to its excellent, move-in ready state with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Downtown Location
Situated in the heart of Downtown Los Angeles, offering unparalleled access to urban amenities, entertainment, and business districts.
- Luxury Full-Service Amenities
Residents benefit from a comprehensive suite of resort-style amenities including a pool, spa, fitness center, yoga studio, screening room, clubhouse, business center, dog park, 24-hour front desk, and concierge services.
- Modern High-End Finishes
The unit boasts premium interior features such as Miele appliances, sleek Italian cabinetry, Caesarstone countertops, European oak flooring, a spa-inspired bathroom with a soaking tub, and a Nest thermostat.
CONSRISKS & DEFICIENCIES
- Compact Studio Layout
At 519 square feet, the studio unit offers limited living space, which may not suit all buyers or long-term needs.
- High Monthly HOA Fees
The association fee of $583.28 per month is substantial for a studio unit, adding a significant ongoing cost to ownership.
- Significant Price Depreciation
The current list price of $389,000 is considerably lower than its previous sale price of $495,000, indicating a notable depreciation or market adjustment since the last transaction.
About 877 Francisco Street 617
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.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2017
- Lot Size
- 128,959 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $583.28 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 1.0 | 18% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 519 | 825 | 9% |
| Lot Size | 128,959 | 85,131 | 64% |
| Price | $389.0K | $470.0K | 23% |
| Price per sq ft | $750 | $620 | 77% |
| Built year | 2017 | 2012 | 50% |
| HOA | $583.28 | $830 | 18% |
| Days on market | 60 | 270 | 9% |
Pricing History
Listed for Sale
Jan 24, 2026
$389,000
$429,000
-9% Price Drop
Initial Listing
Price Change
Jan 5, 2026
$429,000
Initial Listing
Sold
Jul 20, 2022
$495,000
Public Record