889 Francisco Street 802, Los Angeles, California 90017, Los Angeles, 90017 - 1 bed, 1 bath
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889 Francisco Street 802
Los Angeles, California 90017
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
740Sq Ft
98,877Lot Size
Property Price
LIST PRICE$488,000
EST. MARKET VALUE
$471,291
3% AboveMARKET VALUE
SUMMARY
This Luxury High-Rise Condominium represents a High-Potential Investment Opportunity, listed at $488,000—positioned well below the $471,291 Fair Market Value by -3%. Built in 2017, the unit maintains a Mint Condition Rating, featuring a sleek, minimalist kitchen and panoramic city views. While the monthly HOA is significant, the property offers resort-style amenities including a sky-view pool and theater. This asset provides a sophisticated urban lifestyle, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey residence in Downtown LA.
Estimated Market Value
$471,291
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 889 Francisco Street 802 Subject 1 bd · 1 ba · 740 sqft · $637 | $488,000* List Price | 1 | 1 | 740 | $637 | - |
A 1100 Wilshire 3005 Sold 1 bd · 1 ba · 800 sqft · $540 · 0.3 mi | $432,000 | 1 | 1 | 800 | $540 | 0.3 mi |
B 877 Francisco Street 2210 Active 1 bd · 1 ba · 825 sqft · $697 · 0.1 mi | $575,000 List Price | 1 | 1 | 825 | $697 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
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 minimalist kitchen with integrated appliances, contemporary bathroom finishes, and high-end systems consistent with a luxury high-rise.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Amenities
Located in the prestigious Metropolis building, the property offers elite 6th-floor amenities including a sky-view pool, state-of-the-art theater, clubhouse, and a modern gym.
- Modern Design & Views
Built in 2017, the unit features a sleek minimalist aesthetic with floor-to-ceiling windows that capture stunning panoramic city light views of Downtown Los Angeles.
- Exceptional Value
The current list price of $488,000 is significantly lower than the 2021 sale price of $580,000, offering a high-equity entry point into a luxury high-rise.
CONSRISKS & DEFICIENCIES
- High Monthly HOA
The association fee of $1,267.54 is quite high for a 740-square-foot one-bedroom unit, which may impact the buyer's monthly debt-to-income ratio and overall affordability.
- Limited Living Space
At 740 square feet, the interior footprint is relatively compact, which may be a constraint for buyers looking for more spacious urban living or home office flexibility.
About 889 Francisco Street 802
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.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2017
- Lot Size
- 98,877 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1267.54 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 740 | 1,252.996 |
| Lot Size | 98,877 | 26,029.603 |
| Price | $488.0K | $778.5K |
| Price per sq ft | $659 | $629 |
| Built year | 2017 | 1981 |
| HOA | $1267.54 | $676 |
| Days on market | 3 | 74 |
Pricing History
Listed for Sale
Nov 6, 2026
$488,000
Initial Listing
Sold
Jan 21, 2021
$580,000
Public Record