
Los Angeles, California 90017
This Strong Value Opportunity is a Luxury High-Rise Condominium listed at $495,000, positioned well below the $526,500 Fair Market Value by 5%. This valuation gap provides $31,500 in Instant Equity. Featuring a Condition Rating of 2, the unit offers a modern, turn-key lifestyle with floor-to-ceiling windows and city light views. While the association fee is notable, the resort-style amenities and prime DTLA location ensure high rental demand. This is an ideal acquisition for Buy-and-Hold Investors or urban professionals seeking a sophisticated city residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 889 Francisco 3105 Subject 0 bd · 1 ba · 480 sqft · $1,097 | $495,000* List Price | 0 | 1 | 480 | $1,097 | - |
A 889 Francisco 2505 Active 0 bd · 1 ba · 480 sqft · $1,250 · 0.0 mi | $600,000 List Price | 0 | 1 | 480 | $1,250 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2017, this luxury high-rise condo is under 10 years old. It features a sleek kitchen, contemporary finishes, and modern amenities in mint condition with no maintenance required.
Situated on the 31st floor of the prestigious Metropolis, this unit features floor-to-ceiling windows that provide stunning city light views and exceptional natural light.
The property offers an elite lifestyle package including a heated pool, spa, state-of-the-art fitness center, and a clubhouse, rivaling luxury hotel living.
Built in 2017, the residence features contemporary finishes and a sleek open layout, and comes furnished, making it an ideal move-in ready primary home or investment.
The association fee of $761.61 is relatively high for a 480-square-foot studio, which may impact the overall affordability and monthly cash flow for investors.
At only 480 square feet, the compact studio footprint offers limited storage and living area, which may restrict its appeal to long-term residents or those needing more space.
Congratulations—you found the right property! Welcome to luxury high-rise living at Metropolis in the heart of Downtown Los Angeles. Located on the 31st floor, this beautifully furnished residence features floor-to-ceiling windows with impressive city views, abundant natural light, a modern open layout, walk-in closet, sleek kitchen, and contemporary finishes throughout. Enjoy resort-style living with an exceptional collection of amenities, including a heated pool and spa, state-of-the-art fitness center, yoga and cycling studio, clubhouse, billiards room, outdoor gathering areas, and more. Ideally located near some of DTLA’s best dining, entertainment, shopping, and major transportation routes. Whether you are looking for a primary residence, a convenient city home, or a Downtown LA investment opportunity, Unit #3105 offers luxury, location, and value at an attractive price.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 480 | 1,252.996 |
| Lot Size | 98,939 | 26,029.603 |
| Price | $495.0K | $778.5K |
| Price per sq ft | $1.0K | $629 |
| Built year | 2017 | 1981 |
| HOA | $761.61 | $676 |
| Days on market | 45 | 74 |
Sep 25, 2026
$495,000
Initial Listing
Sep 29, 2021
$520,000
Public Record