889 Francisco Street 1105, Los Angeles, California 90017, Los Angeles, 90017 - bed, 1 bath
ACTIVE$425,000
889 Francisco Street 1105, Los Angeles, California 90017
0Bed
1Bath
480Sqft
98,939Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Downtown LA Location: Situated in the vibrant heart of Downtown LA, offering excellent accessibility to USC, major freeways, and top attractions, appealing to urban dwellers and professionals.
Top Cons:
Significant Price Depreciation: The current list price of $425,000 is substantially lower than its 2017 sale price of $541,500, indicating a notable decrease in property value over time.
Compared to the nearby listings
Price:$425.0K vs avg $530.0K ($-105,000)28%
Size:480 sqft vs avg 827 sqft3%
Price/sqft:$885 vs avg $62297%
More Insights
Built in 2017 (8 years old).
Condition: This property, built in 2017, is only 7 years old and features a 'new interior paint' as stated in the description. The images showcase a luxurious, contemporary condo with a chef-caliber kitchen equipped with integrated Bosch appliances, sleek flat-panel cabinetry, and modern countertops. The bathroom also exhibits a modern aesthetic with a stylish vanity, contemporary fixtures, and clean tile work. All visible components, including flooring (hardwood and tile), light fixtures (recessed), and overall finishes, appear virtually new and meet current quality standards, indicating no deferred maintenance and minimal physical depreciation. The property is move-in ready and aligns perfectly with the 'Excellent' condition criteria.
Year Built
2017
Close
-
List price
$425K
Original List price
$425K
Price/Sqft
$885
HOA
$729.93
Days on market
-
Sold On
-
MLS number
WS25157283
Home ConditionExcellent
Features
Good View: City Lights
Pool
Spa
ViewCity Lights
About this home
New interior paint. Experience resort-style living at Metropolis Tower I. This luxurious contemporary condo, nestled in the vibrant heart of Downtown LA with easy access to USC, major freeways, and top attractions, offers a bright, open-concept floor plan with a walk-in closet, city light views through large windows, and an extra storage area. Chef-caliber kitchens feature Bosch appliances, with HOA fees including 1G fiber optic internet, wifi, gas, water, and trash Metropolis offers residents an abundance of exclusive indoor and outdoor amenities, including a clubhouse, a fitness center, yoga room, private cinema, and business center. Outdoor highlights feature a sky-deck with a pool, spa, private cabanas, BBQ area, and a dog-friendly Sky-park. Enjoy Hotel Indigo dining/room discounts. This Gensler-designed building boasts a 24/7 attended lobby, security, controlled access, and EV charging stations.
Price History
Date
Event
Price
07/07/17
Sold
$541,500
Condition Rating
Excellent
This property, built in 2017, is only 7 years old and features a 'new interior paint' as stated in the description. The images showcase a luxurious, contemporary condo with a chef-caliber kitchen equipped with integrated Bosch appliances, sleek flat-panel cabinetry, and modern countertops. The bathroom also exhibits a modern aesthetic with a stylish vanity, contemporary fixtures, and clean tile work. All visible components, including flooring (hardwood and tile), light fixtures (recessed), and overall finishes, appear virtually new and meet current quality standards, indicating no deferred maintenance and minimal physical depreciation. The property is move-in ready and aligns perfectly with the 'Excellent' condition criteria.
Pros & Cons
Pros
Prime Downtown LA Location: Situated in the vibrant heart of Downtown LA, offering excellent accessibility to USC, major freeways, and top attractions, appealing to urban dwellers and professionals.
Extensive Resort-Style Amenities: Metropolis Tower I provides a wealth of exclusive amenities including a sky-deck with pool/spa, fitness center, cinema, business center, and a dog-friendly Sky-park, enhancing lifestyle and value.
Modern & Luxurious Finishes: The condo features new interior paint, a bright open-concept floor plan, chef-caliber kitchen with Bosch appliances, and is part of a Gensler-designed building, ensuring contemporary style and quality.
Comprehensive HOA Inclusions: HOA fees cover 1G fiber optic internet, Wi-Fi, gas, water, and trash, offering significant cost savings and convenience for residents.
City Views & Enhanced Security: Enjoy captivating city light views through large windows, complemented by 24/7 attended lobby, security, controlled access, and EV charging stations for peace of mind and modern living.
Cons
Significant Price Depreciation: The current list price of $425,000 is substantially lower than its 2017 sale price of $541,500, indicating a notable decrease in property value over time.
Compact Unit Size: With only 480 square feet, the unit offers a very compact living space, which may limit its appeal to individuals or couples seeking more expansive accommodations.
High HOA Fees Relative to Size: The association fee of $729.93 is considerably high for a 480 sqft unit, potentially impacting affordability and long-term ownership costs despite the comprehensive inclusions.