
Los Angeles, California 90017
This modern high-rise residence represents a Strong Value Opportunity, listed at $500,000—positioned well below the $460,809 Fair Market Value by 8%. Featuring a Mint Condition Rating, this unit offers high-end French oak flooring and a chef's kitchen with Euro-style cabinetry. Residents enjoy resort-style amenities including a pool, spa, and 24/7 concierge. While the HOA fees are notable, the prime location near LA Live ensures high rental demand. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey urban lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 889 Francisco Street 1710 Subject | $500,000* List Price | 1 | 1 | 750 | $614 | - |
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 condition. It features a modern chef's kitchen with Euro-style cabinetry and Bosch appliances, contemporary bathroom finishes, and high-end French oak flooring, requiring no maintenance or updates.
Listed at $500,000, this property is priced significantly below its 2017 sale price of $686,500, offering a rare opportunity for equity growth in a modern high-rise.
Situated in the heart of Downtown LA, the residence is within walking distance of LA Live, Crypto.com Arena, and major transit hubs, making it ideal for professionals and students.
The building offers a comprehensive luxury lifestyle with 24/7 concierge service, a world-class fitness center, pool, sauna, and a dedicated dog park.
The HOA fee of $925.58 is substantial for a one-bedroom unit, which may deter budget-conscious buyers or impact financing qualifications.
At 750 square feet, the living space is relatively compact, and the use of a partition to create a second bedroom may make the primary living area feel cramped.
Enjoy modern living in a high-rise residence in the heart of Downtown LA! This 17th floor luxury condo offers a soaring view of the downtown skyline and great open-space layout. Home futures one bedroom/one bath with a partition in the living space to create a second bedroom. French oak style flooring, chef's kitchen with euro style cabinets and Bosch washer & dryer in the unit makes this a comfortable home, or a great investment. Resort-like amenities include pool, hot tub, sauna, dog park, club house, BBQ area, billiards room and world-class fitness center. HOA dues cover gas, water, trash, sewer, earthquake insurance, controlled access and 24/7 concierge service. Conveniently located close to USC and Cal State LA, walking distance to LA Live/Staples Center, Regal Cinemas, shops, restaurants and so much more!
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 | 98,914 | 24,016 |
| Price | $500.0K | $805.6K |
| Price per sq ft | $667 | $659 |
| Built year | 2017 | 1981 |
| HOA | $925.58 | $684 |
| Days on market | 11 | 71 |
Jul 11, 2026
$500,000
Initial Listing
Apr 4, 2017
$686,500
Public Record