
Los Angeles, California 90017
This Luxury High-Rise Residence represents a Strong Value Opportunity, listed at $429,000—positioned well below the $421,427 Fair Market Value (Note: Market adjustment reflects current competitive pricing). Featuring a Mint, Turn-Key Condition Rating, this 750 sq ft unit offers an open-concept layout with City Lights Views and access to 40,000 sq ft of resort-style amenities. Its prime South Park location provides unparalleled walkability to LA Live and the Financial District. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated, low-maintenance urban lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 889 Francisco St 1210 Subject 1 bd · 1 ba · 750 sqft · $562 | $429,000* List Price | 1 | 1 | 750 | $562 | - |
A 889 S Francisco Street 2805 Sold 0 bd · 1 ba · 480 sqft · $685 · 0.0 mi | $329,000 | 0 | 1 | 480 | $685 | 0.0 mi |
B 1100 Wilshire 3005 Sold 1 bd · 1 ba · 800 sqft · $540 · 0.3 mi | $432,000 | 1 | 1 | 800 | $540 | 0.3 mi |
C 630 W 6th Street 407 Sold 1 bd · 1 ba · 680 sqft · $485 · 0.5 mi | $330,000 | 1 | 1 | 680 | $485 | 0.5 mi |
D 877 Francisco Street 708 Active 1 bd · 1 ba · 852 sqft · $575 · 0.1 mi | $490,000 List Price | 1 | 1 | 852 | $575 | 0.1 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, turn-key condition. The unit features a modern kitchen with flat-panel cabinetry and integrated appliances, contemporary hardwood flooring, and updated systems consistent with a luxury high-rise development.
Residents have access to over 40,000 sq ft of luxury amenities, including a pool with cabanas, a sky park, a fitness center, and exclusive Hotel Indigo resident benefits.
Currently listed at $429,000, the property is priced significantly below its 2017 sale price of $672,000, offering a high-equity entry point into a premium DTLA high-rise.
Situated in the vibrant South Park district, the residence offers unparalleled walkability to Crypto.com Arena, LA Live, and the Financial District.
The monthly association fee of $925.58 is relatively high for a 750 sq ft one-bedroom unit, which may impact overall affordability for some buyers.
With 86 days on market and multiple price reductions from the original $498,000 list price, the property reflects broader challenges in the local high-rise resale market.
Experience elevated Downtown Los Angeles living at Metropolis Tower I, a hotel-inspired high-rise community known for its prime location, full-service lifestyle, and resort-style amenities. This move-in ready and turn-key 1-bedroom, 1-bath residence offers approximately 750 sq ft of well-designed living space with an open-concept layout, in-unit laundry, and a dedicated storage room. Tower I provides a refined residential atmosphere with a grand motor court entrance, attentive service, and convenient access to approximately 40,000 sq ft of amenities, including a pool with cabanas, fitness center, spa/steam rooms, sky park, dog park, private screening room, business center, resident lounges, 24-hour security, concierge service, guest parking, and Hotel Indigo resident benefits. Located near Crypto.com Arena, LA Live, South Park, the Financial District, dining, shopping, and entertainment, this residence presents a rare opportunity to enjoy luxury high-rise living with compelling value in the heart of DTLA.MOTIVATED SELLER-FINANCING OPTIONS AVAILABLE!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 750 | 1,252.996 |
| Lot Size | 98,881.203 | 26,029.603 |
| Price | $429.0K | $778.5K |
| Price per sq ft | $572 | $629 |
| Built year | 2017 | 1981 |
| HOA | $925.58 | $676 |
| Days on market | 123 | 74 |
Oct 3, 2026
$429,000
$459,000
-7% Price Drop
Initial Listing
Aug 23, 2026
$459,000
$498,000
-8% Price Drop
Initial Listing
Jul 9, 2026
$498,000
Initial Listing
Aug 25, 2017
$672,000
Public Record