
Los Angeles, California 90017
This Luxury Condominium represents a Strong Value Opportunity, listed at $699,000—positioned well below the $658,650 Fair Market Value by 6%. Featuring 11+ ft ceilings, a corner-unit layout, and same-floor parking, this residence maintains a Mint Condition Rating. Residents enjoy 1.7 acres of resort-style amenities in the heart of South Park. While the monthly HOA is substantial, the combination of modern luxury and competitive pricing makes this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium DTLA lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 877 Francisco Street 806 Subject | $699,000* List Price | 1 | 2 | 1,018 | $647 | - |
A 889 Francisco Street 2611 Sold | $550,000 | 1 | 2 | 890 | $618 | 0.0 mi |
B 877 Francisco Street 2002 Sold | $730,000 | 1 | 2 | 823 | $887 | - |
C 801 S Grand Avenue 1306 Sold | $638,000 | 2 | 2 | 1,200 | $532 | 0.2 mi |
D 877 Francisco Street 1116 Active | $779,000 List Price | 1 | 2 | 1,000 | $779 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2017, this property is less than 10 years old and remains in mint condition. It features a modern chef-inspired kitchen with premium integrated appliances, sleek contemporary cabinetry, and high-end finishes throughout. As a newer luxury high-rise construction, the HVAC and electrical systems are modern and require no maintenance.
Priced significantly below its previous sale price of $880,000, this unit offers a rare opportunity to acquire a premium residence in a 2017 luxury tower at a highly competitive price point.
The rare 11-foot ceilings and corner-unit positioning with floor-to-ceiling windows create an expansive sense of space and light that distinguishes this unit from standard high-rise layouts.
Residents enjoy 1.7 acres of resort-style amenities and the highly coveted feature of same-floor parking, providing seamless access to the residence without the need for elevator transitions.
The monthly association fee of $1,250.58 is substantial for a one-bedroom unit, which may impact the overall affordability and long-term carrying costs for potential buyers.
The sale is contingent upon the seller's concurrent purchase of a replacement property, which introduces timing risks and potential delays to the closing process.
PRICED WELL BELOW MARKET VALUE | RARE 11+ FT CEILINGS | CORNER UNIT | SAME-FLOOR PARKING | NEWEST LUXURY TOWER IN SOUTH PARK DTLA. INCREDIBLE VALUE. Indulge in elevated urban living in this stunning CORNER UNIT one-bedroom 2 bathrooms residence at Metropolis Tower II, one of Downtown Los Angeles most sought-after luxury high-rise communities. Thoughtfully designed with an open-concept floor plan, soaring HIGH CEILINGS (over 11ft) and dramatic floor-to-ceiling windows, the residence is filled with natural light while showcasing captivating city skyline views and an exceptional sense of space. The sophisticated interior features sleek contemporary finishes throughout, complemented by a chef-inspired kitchen equipped with premium appliances, custom cabinetry, and elegant countertops. The seamless integration of the living, dining, and kitchen areas creates an ideal environment for both everyday living and effortless entertaining. The spacious bedroom offers a peaceful retreat with generous closet space and expansive windows overlooking the vibrant cityscape. A spa-inspired bathroom is appointed with refined finishes, while an in-unit washer and dryer provide added convenience. Residents of Metropolis Tower II enjoy access to over 1.7 acres of world-class resort-style amenities, including a sparkling pool and spa, expansive sun deck, outdoor lounges with BBQ areas, sky and meditation gardens, a state-of-the-art fitness center, screening room, billiards room, children's play areas, dog park, golf putting green, EV charging stations, and 24-hour concierge and security services. Set in the heart of South Park DTLA's most dynamic neighborhood. You're just moments from CRYPTO.COM ARENA, L.A. LIVE, premier dining, shopping, and major employment centers, with the convention center expansion and 2028 OLYMPIC venues driving the area's continued growth. A true unicorn unit at an unbeatable price: one of the newest tower in South Park, corner exposure, same-floor parking, and ceiling height only a handful of residences can offer. PRICED TO SELL opportunities like this do not last. Sale contingent upon seller's concurrent purchase of replacement property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,018 | 1,243 |
| Lot Size | 128,959 | 24,016 |
| Price | $699.0K | $805.6K |
| Price per sq ft | $687 | $659 |
| Built year | 2017 | 1981 |
| HOA | $1250.58 | $684 |
| Days on market | 40 | 71 |
Jun 12, 2026
$699,000
Initial Listing
Nov 18, 2022
$880,000
Public Record