
Los Angeles, California 90017
This Modern Condominium represents a Strong Value Opportunity, listed at a List Price of $488,000—positioned well below the $469,232 Fair Market Value by -3%. While the pricing reflects current market stability, the property features a Mint Condition Rating and high-end finishes, including a modern kitchen and panoramic city views. Residents enjoy luxury amenities like a resort-style pool and theatre room. This unit is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, high-rise lifestyle in the heart of Downtown LA.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 889 Francisco Street 802 Subject | $488,000* List Price | 1 | 1 | 740 | $634 | - |
A 1100 Wilshire 3005 Sold | $432,000 | 1 | 1 | 800 | $540 | 0.3 mi |
B 877 Francisco Street 2305 Active | $605,000 List Price | 1 | 1 | 750 | $807 | 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 high-end modern kitchen with integrated appliances, contemporary bathroom finishes, and updated systems, requiring no maintenance or repairs.
Located in the prestigious Metropolis building, residents have access to a resort-style pool, state-of-the-art fitness center, private theatre, and clubhouse, offering a premier urban lifestyle.
Built in 2017, the unit features a sleek minimalist aesthetic, a pristine modern kitchen, and panoramic city light views, ensuring a contemporary and move-in-ready experience.
Currently listed at $488,000, the property is priced significantly below its 2021 sale price of $580,000, presenting a compelling opportunity for equity growth in a prime DTLA location.
The monthly association fee of $1,267.54 is relatively high for a one-bedroom unit, which may impact overall affordability and debt-to-income ratios for prospective buyers.
At 740 square feet, the unit's footprint is relatively small, which may limit storage options or the ability to accommodate a comfortable home office setup.
Welcome to your urban oasis in the heart of Downtown LA's Metropolis building-- where sleek, minimalist design meets luxurious living. Dive into amenities on the 6th floor...including the pool, a turquoise gem amidst the sky above and city below. Or lounge Hollywood-style in the state-of-the-art theatre room, host your friends in the clubhouse or get a workout in at the gym. This condo is a canvas of modern comfort, boasting a pristine kitchen ready for culinary adventures, a living area that merges relaxation with chic urban living, and a bedroom with sky-high views that inspire daydreams. It's not just a home--it's a lifestyle upgrade.
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 | 740 | 1,219.385 |
| Lot Size | 98,877 | 27,236.074 |
| Price | $488.0K | $800.2K |
| Price per sq ft | $659 | $650 |
| Built year | 2017 | 1979 |
| HOA | $1267.54 | $685 |
| Days on market | 6 | 72 |
Sep 3, 2026
$488,000
Initial Listing
Jan 21, 2021
$580,000
Public Record