889 Francisco Street 1501, Los Angeles, California 90017, Los Angeles, 90017 - 1 bed, 2 bath
889 Francisco Street 1501
Los Angeles, California 90017
Property Price
SUMMARY
Analysis of 889 Francisco Street 1501, Los Angeles, California 90017 is currently available with a list price of $595,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2017, this luxury high-rise unit falls within the 10-year window for an excellent rating. The property features high-end contemporary finishes, including floor-to-ceiling windows, premium hardwood flooring, and a sleek modern kitchen with integrated appliances and European-style cabinetry. The bathrooms exhibit modern tile work and high-quality fixtures, all maintaining a virtually new appearance with no signs of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Amenities
The property features over 40,000 square feet of world-class amenities, including a dog-friendly sky-park, a residents-only pool with cabanas, a private cinema, and a comprehensive fitness center.
- Prime DTLA Location
Situated in the heart of South Park, this unit offers unparalleled walkability to LA Live, the Financial District, and the Crypto.com Arena, making it an ideal hub for urban professionals.
- Inclusive Utility Package
The monthly association dues provide exceptional value by including 1G fiber optic internet, Wi-Fi, gas, water, and trash, simplifying monthly expenses for the resident.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The association fee of $940 per month is relatively high for a 780-square-foot one-bedroom unit, which may deter budget-conscious buyers or impact financing qualifications.
- Significant Value Depreciation
With a current list price of $595,000 compared to a 2017 sale price of $843,000, the property has shown substantial historical price volatility that may concern long-term investors.
About 889 Francisco Street 1501
Master Suite and Living room with direct garden & LA Live views. 1.5 Bath. An Urban Sanctuary, with breathtaking views in every direction. Arrive home through a grand motor court, and have Staples Center, Financial District, SouthPark and the all of DTLA's exciting destinations at your doorstep. Exercise and entertain in the over 40,000 sf of indoor/outdoor clubhouse, MetSix featuring a dog friendly Sky-park, a sparkling residents only pool and cabanas. private cinema, expansive fitness center, billiards, yoga, spa/steam, and video business center only for residents. Indulge in 5 star attentive residential conceirge service and Access membership with dining & room discounts at Hotel Indigo, and enjoy all inclusive living with ample bicycle and guest parking, storage unit, 1G Fiber Optic Internet, Wifi, Gas, Water, Trash provide with every unit!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2017
- Lot Size
- 98,939 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $940.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 2.0 | 1.0 | 59% |
| Square foot | 780 | 825 | 45% |
| Lot Size | 98,939 | 85,131 | 55% |
| Price | $595.0K | $500.0K | 68% |
| Price per sq ft | $763 | $620 | 77% |
| Built year | 2017 | 2012 | 50% |
| HOA | $940.0 | $831 | 59% |
| Days on market | 177 | 270 | 23% |
Pricing History
Listed for Sale
Sep 10, 2025
$595,000
Initial Listing
Sold
Dec 1, 2017
$843,000
Public Record