
Los Angeles, California 90017
This Luxury High-Rise Residence represents a Strong Value Opportunity, listed at $528,000—positioned well below the $511,809 Fair Market Value by -3%. While the pricing reflects current market adjustments, the property maintains an Excellent Condition Rating and features a modern open-concept layout with floor-to-ceiling windows and panoramic city views. Residents enjoy resort-style amenities, including a pool and 24-hour concierge, in the heart of DTLA. This turnkey asset 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 Subject | $528,000* List Price | 1 | 2 | 780 | $656 | - |
A 889 Francisco Street 2611 Sold | $550,000 | 1 | 2 | 890 | $618 | 0.0 mi |
B 1100 Wilshire 3005 Sold | $432,000 | 1 | 1 | 800 | $540 | 0.3 mi |
C 889 Francisco Street 2601 Active | $599,000 List Price | 1 | 2 | 780 | $768 | 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 meets the criteria for excellent condition. The listing and images confirm a modern kitchen with high-end appliances, contemporary bathrooms in mint condition, and up-to-date systems within a luxury high-rise setting requiring no maintenance.
Metropolis offers an extensive suite of luxury amenities including a swimming pool, fitness center, yoga studio, dog park, and 24-hour concierge, providing a high-end lifestyle experience.
Located on the 15th floor, the residence features floor-to-ceiling windows that offer stunning panoramic city views and abundant natural light throughout the open-concept layout.
The property is ideally situated in the heart of Downtown Los Angeles, offering immediate proximity to LA Live, world-class dining, and major entertainment destinations.
The association fee of $985.01 per month is relatively high for a one-bedroom unit, which may impact the overall affordability and appeal for some buyers.
The current list price of $528,000 is substantially lower than the 2017 sale price of $743,000, reflecting a notable decline in market value since the building's completion.
Welcome to Metropolis, one of Downtown Los Angeles’ premier luxury residences. Located on the 15th floor unit #1501, this beautifully appointed 1-bedroom, 1.5-bath residence offers approximately 780 square feet of contemporary living space with stunning panoramic city views. Floor-to-ceiling windows fill the home with natural light and provide beautiful views of both sunrise and sunset, creating a spectacular backdrop from morning to evening. The residence features an open-concept layout, a modern kitchen with high-end appliances, and sophisticated finishes throughout. Metropolis offers an exceptional resort-style lifestyle with an impressive collection of resident amenities, including a swimming pool, fitness center, yoga studio, screening room, game room, dog park, residents’ lounge, and 24-hour lobby attendant and concierge services. Ideally situated in the heart of Downtown Los Angeles, the residence provides convenient access to LA Live, dining, entertainment, shopping, and major destinations throughout the city. Experience luxury high-rise living with exceptional views and outstanding amenities
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 | 780 | 1,219.385 |
| Lot Size | 98,939 | 27,236.074 |
| Price | $528.0K | $800.2K |
| Price per sq ft | $677 | $650 |
| Built year | 2017 | 1979 |
| HOA | $985.01 | $685 |
| Days on market | 31 | 72 |
Aug 9, 2026
$528,000
Initial Listing
Jun 8, 2017
$743,000
Public Record