
Los Angeles, California 90017
This Turn-Key Condominium represents a Strong Value Opportunity, listed at $498,000—positioned well above the $460,047 Fair Market Value. While the price reflects a premium, the property maintains a Mint Condition Rating and offers a high-end lifestyle with 40,000 sq ft of resort-style amenities, including a pool, spa, and concierge. Located in the heart of DTLA, this residence provides immediate access to LA Live and the Financial District. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated, maintenance-free urban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 889 Francisco St 1210 Subject | $498,000* List Price | 1 | 1 | 750 | $613 | - |
A 889 Francisco Street 2611 Sold | $550,000 | 1 | 2 | 890 | $618 | 0.0 mi |
B 877 Francisco Street 1819 Sold | $369,000 | 0 | 1 | 544 | $678 | 0.1 mi |
C 655 S Hope Street 607 Sold | $460,000 | 2 | 2 | 850 | $541 | 0.4 mi |
D 1234 Wilshire Boulevard 433 Sold | $350,000 | 1 | 1 | 700 | $500 | 0.4 mi |
E 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 under 10 years old and in mint, turn-key condition. The kitchen features modern integrated appliances and sleek cabinetry, while the living areas show high-end hardwood flooring and contemporary finishes. Systems are modern and the unit requires no maintenance.
Residents have access to over 40,000 sq ft of luxury amenities, including a pool with cabanas, a fitness center, spa, sky park, and 24-hour concierge services.
Situated in the heart of Downtown Los Angeles, the property offers exceptional walkability to Crypto.com Arena, LA Live, and the Financial District.
Built in 2017, this move-in ready unit features a contemporary open-concept layout, in-unit laundry, and dedicated storage, offering a high-end urban lifestyle.
The monthly association fee of $925.58 is substantial for a one-bedroom unit, which may impact overall affordability and investor cap rates.
The property is currently listed at $498,000, which is significantly lower than its 2017 sale price of $672,000, indicating a lack of price appreciation.
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.
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 | 1,243 |
| Lot Size | 98,881.203 | 24,016 |
| Price | $498.0K | $805.6K |
| Price per sq ft | $664 | $659 |
| Built year | 2017 | 1981 |
| HOA | $925.58 | $684 |
| Days on market | 13 | 71 |
Jul 9, 2026
$498,000
Initial Listing
Aug 25, 2017
$672,000
Public Record