889 Francisco Street 1206, Los Angeles, California 90017, Los Angeles, 90017 - 2 bed, 3 bath
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Los Angeles, California 90017
This Sophisticated 2-Bedroom Condominium represents a Strong Value Opportunity, listed at $998,000—positioned well below the $1,033,571 Fair Market Value by 3%. This valuation gap offers $35,571 in Instant Equity for the buyer. Featuring a Mint, Turnkey Condition Rating, this residence includes a Chef's Kitchen, Floor-to-Ceiling Windows, and Resort-Style Amenities. Located in the heart of DTLA, it offers a premium lifestyle for Buy-and-Hold Investors or Owner-Occupants seeking a polished, high-rise urban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 889 Francisco Street 1206 Subject | $998,000* List Price | 2 | 3 | 1,489 | $694 | - |
A 889 Francisco Street 806 Sold | $949,500 | 2 | 3 | 1,400 | $678 | 0.0 mi |
B 1100 Wilshire Boulevard 1705 Sold | $1,240,000 | 2 | 2 | 1,670 | $743 | 0.3 mi |
C 655 S Hope Street 1105 Sold | $735,000 | 2 | 2 | 1,180 | $623 | 0.4 mi |
D 877 Francisco Street 1806 Active | $1,100,000 List Price | 2 | 2 | 1,309 | $840 | 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 remains in mint, turnkey condition. The kitchen features modern integrated appliances and quartz surfaces, while the bathrooms and systems are contemporary and require no maintenance.
Residents enjoy access to an unparalleled suite of luxury amenities, including a 24-hour concierge, a state-of-the-art fitness center, and an expansive amenity deck with a pool and cabanas.
This sophisticated corner unit features floor-to-ceiling windows that flood the 1,489-square-foot space with natural light while offering dynamic views of the Downtown Los Angeles skyline.
Priced at $998,000, the residence is listed significantly below its previous sale prices of $1.23M and $1.35M, offering a high-value entry point into one of DTLA's most coveted full-service buildings.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1489, other record living area = 1400.
The monthly association fee of $1,447.58 is substantial, which significantly increases the monthly overhead and may impact the property's appeal to budget-conscious buyers.
The property's sales history reflects a notable downward trend in value since 2017, which may raise concerns regarding the long-term appreciation potential in the current local market.
Perched above the vibrant South Park skyline, Residence 1206 at Metropolis offers a refined blend of modern design, elevated amenities, and effortless city living. This sophisticated 2-bedroom, 2.5-bath corner unit showcases an ideal floor plan framed by huge windows that flood the space with natural light while capturing dynamic city views. The chef's kitchen features contemporary cabinetry, integrated premium appliances, and clean quartz surfaces, perfectly balancing form and function. The living area flows seamlessly to create an ideal setting for both relaxed evenings and stylish entertaining. The primary bedroom suite is a serene retreat, complete with generous closet space and a spa-inspired bath finished with modern fixtures and refined materials. Every detail has been thoughtfully curated to deliver a polished, turnkey residence. Residents of Metropolis enjoy access to an unparalleled bevy of resort-style amenities, including an amenity deck with pool and cabanas, fitness center, clubhouse, screening room, business center, and 24-hour concierge, all designed to elevate the everyday. Situated in the heart of Downtown Los Angeles, this premier address places you moments from world-class dining, Whole Foods, LA Live, Crypto.com Arena, and the city's most dynamic cultural and entertainment destinations. A rare opportunity to own a contemporary residence in one of DTLA's most coveted full-service buildings.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 87% |
| Square foot | 1,489 | 1,180 | 87% |
| Lot Size | 98,939 | 59,001 | 67% |
| Price | $998.0K | $550.0K | 80% |
| Price per sq ft | $670 | $618 | 60% |
| Built year | 2017 | 2006 | 60% |
| HOA | $1447.58 | $1.2K | 93% |
| Days on market | 47 | 187 | 7% |
Apr 20, 2026
$998,000
Initial Listing
Jul 26, 2019
$1,230,000
Public Record
Apr 28, 2017
$1,351,000
Public Record